The Middle East & Africa (MEA) Hydrogen Peroxide market stood at nearly 350 thousand tonnes in 2023 and is likely to grow at a healthy CAGR of 5.17% during the forecast period until 2033.
Hydrogen peroxide, renowned for its oxidizing capabilities, functions as a pivotal bleaching agent within the paper and pulp industry. Its application aims to enhance brightness levels, ensure brightness stability, and optimize production costs. In this context, hydrogen peroxide plays a crucial role in reducing the concentration of hazardous halogenated compounds and effluents in pulp, aligning with environmental sustainability practices. In the domain of wastewater treatment, hydrogen peroxide emerges as a key oxidizing agent, contributing to the reduction of biochemical oxygen demand (BOD) and chemical oxygen demand (COD) in industrial wastewater. In the electronics industry, it functions as a potent oxidizer, finding widespread application in the etching of printed circuit boards, reflecting its pivotal role in manufacturing processes. Hydrogen peroxide's exceptional cleaning potential has garnered popularity in the semiconductor industry, where it serves as an effective cleaning solution. Furthermore, its disinfecting properties position it as a versatile solution in the pharmaceutical industry, employed in various medical formulations, wound care, mouthwash, foot sanitation solutions, and beyond.
The requirement for hydrogen peroxide has grown tremendously across industries, including pulp and paper, textiles, wastewater treatment, and food processing. Hydrogen peroxide, which is commonly regarded as a potent oxidant and a favored bleaching agent, has a wide range of commercial uses, from pulp processing to electronics and food safety. The market for hydrogen peroxide will continue to develop primarily because of its functional versatility and sustainability. The Middle East & Africa Hydrogen Peroxide market is expected to reach nearly 600 thousand tonnes in the year 2033.
Based on the end-user industry, the Middle East & Africa Hydrogen Peroxide market is divided into Paper & Pulp, Textiles, Wastewater Treatment, Food Processing, Electronics & Semiconductors, Pharmaceuticals, and Others. Among these, the Paper & Pulp industry is dominating the Hydrogen Peroxide market. This industry consumed approximately 41% of the market in 2023. Water & Waste Water Treatment is the promising industries which favor the Hydrogen Peroxide market expansion in the long term.
Significant players in the Middle East & Africa Hydrogen Peroxide market are Solvay Peroxide, Farayand Gostar Tamim Co. Ltd, and Evonik Industries. Other global players in the Hydrogen Peroxide market are Kemira Oyj, Orgsyntes Group, Arkema SA, Sunkyong Chemicals Ltd., Oci Chemicals, National Peroxide Limited (NPL), Indian Peroxide Limited (IPL), Eka Chemicals, and Others.
Years considered for this report:
Historical Period: 2015- 2023
Base Year: 2023
Estimated Year: 2023
Forecast Period: 2024-2033
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Objective of the Study:
• To assess the demand-supply scenario of Hydrogen Peroxide which covers production, demand and supply of Hydrogen Peroxide market in the Middle East & Africa.
• To analyse and forecast the market size of Hydrogen Peroxide
• To classify and forecast Middle East & Africa Hydrogen Peroxide market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Hydrogen Peroxide market in the Middle East & Africa.
To extract data for Middle East & Africa Hydrogen Peroxide market, primary research surveys were conducted with Hydrogen Peroxide manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Middle East & Africa Hydrogen Peroxide market over the coming years.
ChemAnalyst calculated Hydrogen Peroxide demand across Middle East & Africa by analysing the volume of Hydrogen Peroxide consumed by the end-user industries and the forecast is calculated based on the growth rate of end-use industries. ChemAnalyst sourced these values from industry experts and company representatives and externally validated them by analyzing the historical sales data of respective manufacturers to calculate the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Hydrogen Peroxide manufacturers and other stakeholders
• Organizations, forums and alliances related to Hydrogen Peroxide distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Hydrogen Peroxide s manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Middle East & Africa Hydrogen Peroxide market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2023
350 thousand tonnes
Market size Volume by 2033
600 thousand tonnes
Growth Rate
CAGR of 5.17% from 2023 to 2033
Base year
2022
Estimated year
2023
Historic Data
2015 – 2022
Forecast period
2025 – 2033
Quantitative units
Demand in thousand tonnes and CAGR from 2023 to 2033
Report coverage
Industry Market Size, Capacity by Company, Capacity by Location, Capacity by Process, Capacity by Technology, Operating Efficiency, Production by Company, Demand by End- Use, Demand by Country, Demand by Sales Channel, Demand-Supply Gap, Company Share, Foreign Trade
Segments covered
By End-Use: (Paper & Pulp, Textiles, Waste Water Treatment, Food Processing, Electronics & Semiconductors, Pharmaceuticals, and Others)
By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
Oman, Egypt, South Africa, Saudi Arabia, Iran, and Rest of MEA
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Market Data & Insights
Table of Content
1. Industry Market Size
It is an essential metric for market analysis, as it provides insights into the overall size and growth potential of Hydrogen Peroxide market in terms of value and volume.
2. Capacity By Company
On our online platform, you can stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for Hydrogen Peroxide.
3. Capacity By Location
To better understand the regional supply of Hydrogen Peroxide by analyzing its manufacturers' location-based capacity.
4. Capacity By Process
To evaluate the demand of various methods and their capacities while looking for the future growth of each process.
5. Capacity By Technology
To better assess the manufacturing capacities with different technologies as well as understand which technology is more in demand.
6. Plant Operating Efficiency
To determine what percentage manufacturers are operating their plants or how much capacity is being currently used.
7. Production By Company [Quarterly Update]
Study the historical annual production of Hydrogen Peroxide by the leading players and forecast how it will grow in the coming years.
8. Demand by End- Use [Quarterly Update]
Discover which end-user industry (Paper & Pulp, Textiles, Waste Water Treatment, Food Processing, Electronics & Semiconductors, Pharmaceuticals, and Others) are creating a market and the forecast for the growth of the Hydrogen Peroxide market.
9. Demand by Country
Analyzing the change in demand of Hydrogen Peroxide in different regions, i.e Oman, Egypt, South Africa, Saudi Arabia, Iran, and Rest of MEA, that can direct you in mapping the country-wise demand.
10. Demand by Sales Channel (Direct and Indirect)
Multiple channels are used to sell Hydrogen Peroxide. Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.
11. Demand-Supply Gap
Determine the supply-demand gap to gain information about the trade surplus or deficiency of Hydrogen Peroxide.
12. Company Share
Figure out what proportion of the market share of Hydrogen Peroxide is currently held by leading players across the Middle East & Africa.
13. Country-wise Export
Get details about quantity of Hydrogen Peroxide exported by major countries.
14. Country-wise Import
Get details about quantity of Hydrogen Peroxide imported by major countries.
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What was Middle East & Africa market size of Hydrogen Peroxide in terms of volume in 2023?
Ans:
The Middle East & Africa market size of Hydrogen Peroxide has grown significantly in the historic period and reached nearly 350 thousand tonnes in 2023.
Q2.
Which industry is the major consumer of Middle East & Africa Hydrogen Peroxide market?
Ans:
The Paper & Pulp industry is dominating the Hydrogen Peroxide market with a market share of approximately 41% in 2023.
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