The Saudi Arabia Hydrogen Peroxide market stood at nearly 260 thousand tonnes in 2023 and is likely to grow at a healthy CAGR of 3.8% during the forecast period until 2033.
Hydrogen peroxide, a versatile chemical compound, finds widespread application across diverse industries, showcasing its exceptional utility and adaptability. In the pulp and paper sector, hydrogen peroxide serves as a pivotal bleaching agent, contributing to heightened brightness, stability, and cost efficiency in the production of paper products. The textile industry relies heavily on hydrogen peroxide as a universal bleaching agent, offering a high bleaching effect at a reasonable cost, particularly in modern short-term bleaching processes. In wastewater treatment, hydrogen peroxide acts as a potent oxidizing agent, reducing Biochemical Oxygen Demand (BOD) and Chemical Oxygen Demand (COD) in industrial wastewater, effectively managing water quality. The food industry leverages hydrogen peroxide as both a bleaching agent and biocide, enhancing food color, sterilizing packaging containers, and acting as an antimicrobial agent in various food products. The pharmaceutical and cosmetic sectors widely use hydrogen peroxide for medical purposes, including contact lens solutions, antiseptics for wound care, and hair and teeth bleaching formulations. Additionally, in the electronics industry, hydrogen peroxide plays a crucial role as an oxidizing and cleaning agent, ensuring the efficiency and integrity of processes in the production of printed circuit boards and semiconductors. This multifaceted compound continues to underscore its significance in driving efficiency, sustainability, and quality across a spectrum of industrial applications.
The Saudi Arabia Hydrogen Peroxide market is primarily fueled by the increasing demand for pulp and paper products, a trend expected to persist and sustain the demand for hydrogen peroxide in the region. Additionally, the expansion of the semiconductor industry in Saudi Arabia with the upcoming projects like Foxconn’s new semiconductor plant with involvement of Saudi government worth USD 9 million under Vision 2030 plan of Saudi Arabia is poised to be another contributing factor for the Saudi Arabia Hydrogen Peroxide market growth. Supply and demand dynamics play a crucial role, with fluctuations in raw material availability and manufacturing capacities of producers influencing hydrogen peroxide prices and market accessibility. In Saudi Arabia, the government is actively supporting the chemical industry's growth, which is anticipated to have a positive impact on the hydrogen peroxide market. Through incentives and subsidies, the government aims to attract foreign investments in the chemical sector, thereby stimulating hydrogen peroxide production in the country. Moreover, technological advancements exert influence, prompting manufacturers to invest in research and development for enhancing the efficiency and safety of hydrogen peroxide production processes. The Saudi Arabia Hydrogen Peroxide market is expected to reach nearly 380 thousand tonnes in the year 2033.
Based on the end-user industry, the Saudi Arabia 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 36% of the market in 2023. Water & Waste Water Treatment is another significant industry which favour the Hydrogen Peroxide market expansion in the long term.
Significant players in the Saudi Arabia Hydrogen Peroxide market are Solvay Peroxide and Evonik Industries. Other global players in the Hydrogen Peroxide market are Farayand Gostar Tamim Co. Ltd, Kemira Oyj, Arkema SA, Eka Chemicals, Sunkyong Chemicals Ltd., Oci Chemicals, National Peroxide Limited (NPL), Orgsyntes Group, Indian Peroxide Limited (IPL), 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 Saudi Arabia.
• To analyse and forecast the market size of Hydrogen Peroxide
• To classify and forecast Saudi Arabia 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 Saudi Arabia.
To extract data for Saudi Arabia 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 Saudi Arabia Hydrogen Peroxide market over the coming years.
ChemAnalyst calculated Hydrogen Peroxide demand across Saudi Arabia 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, Saudi Arabia 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
260 thousand tonnes
Market size Volume by 2033
380 thousand tonnes
Growth Rate
CAGR of 3.8% 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 Region, 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
Eastern Region, Central Region, Rest of Saudi Arabia
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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 Region
Analyzing the change in demand of Hydrogen Peroxide in different regions, i.e Eastern Region, Central Region, Rest of Saudi Arabia, 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 Saudi Arabia.
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 Saudi Arabia market size of Hydrogen Peroxide in terms of volume in 2023?
Ans:
The Saudi Arabia market size of Hydrogen Peroxide has grown significantly in the historic period and reached nearly 260 thousand tonnes in 2023.
Q2.
Which industry is the major consumer of Saudi Arabia Hydrogen Peroxide market?
Ans:
The Paper & Pulp industry is dominating the Hydrogen Peroxide market with a market share of approximately 42% in 2023.
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