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Hydrogen Peroxide Market

Global Hydrogen Peroxide Market Size, Growth, Analysis: By Application: Chemical Synthesis, Bleaching, Disinfectant, Cleaning and Etching, Others; By End Use: Pulp and Paper, Food and Beverages, Water Treatment, Textiles and Laundry, Oil and Gas, Healthcare, Electronics, Others; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032

Global Hydrogen Peroxide Market Outlook

The global hydrogen peroxide market attained a value of USD 4.57 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 4.4% to reach USD 6.76 billion by 2032.

 

Hydrogen Peroxide Market

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Based on the application, the chemical synthesis segment dominated the market in 2020. On the basis of end-use, pulp and paper represent the largest segment followed by the food and beverages, water treatment, textiles and laundry, oil and gas, healthcare, electronics, and others.

 

Properties and Applications 

Hydrogen peroxide (H2O2) is a chemical compound that is characterised by clear liquid and pale blue colour. It is unstable due to which it generally stored in a weak acidic solution with a stabiliser. The combination of hydrogen and water is slightly more viscous than water. Further, it is also used as a mild antiseptic on the skin to prevent infection caused by scrapes, minor cuts, and burns. It readily decomposes into oxygen and water while releasing heat and can cause combustion in contact with organic materials. Additionally, it is also used across different verticals in the manufacturing of various products, including disinfectants, bleaches, hair relaxers, ear drops, toothpaste, antiseptic mouthwash, and hair relaxers.

 

Hydrogen Peroxide Market by Application

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The major applications of the global hydrogen peroxide market are:

  • Chemical Synthesis
  • Bleaching
  • Disinfectant
  • Cleaning and Etching
  • Others

The industry can be broadly categorised on the basis of its end-use segments into:

  • Pulp and Paper
  • Food and Beverages
  • Water Treatment
  • Textiles and Laundry
  • Oil and Gas
  • Healthcare
  • Electronics
  • Others

The EMR report looks into the regional markets in the global hydrogen peroxide market like North America, the Asia Pacific, Europe, Latin America, and the Middle East and Africa.

 

Hydrogen Peroxide Market by Region

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Market Analysis 

The rising preference of hydrogen peroxide among consumers is gaining popularity as it can be used for water treatment and pollution control applications. The increasing demand for paper and pulp from the packaging and pharmaceutical industries, coupled with the growing demand for high-quality paper from the print media, is creating a positive outlook for the market. Also, hydrogen peroxide is used in the agricultural sector to improve crop yield, which in turn, is expected to impact the industry growth favourably. Moreover, the rising demand for the product from various industries, such as automotive, construction, and food and beverage industries, is anticipated to impel the market growth further. The demand for hydrogen peroxide has also been increasing in bleach products to remove chlorine compounds through bleaching processes. Moreover, the rising demand for recycled paper has also positively influenced this market. Several initiatives undertaken by governments of various countries have also spurred the demand for hydrogen peroxide, and these factors are expected to increase the industry growth.

 

Competitive Landscape 

The report presents a detailed analysis of the following key players in the global hydrogen peroxide market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Solvay SA
  • Evonik Industries AG 
  • Arkema  
  • Kemira Oyj 
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Application
  • End Use
  • Region
Breakup by Application
  • Chemical Synthesis
  • Bleaching
  • Disinfectant
  • Cleaning and Etching
  • Others
Breakup by End Use
  • Pulp and Paper
  • Food and Beverages
  • Water Treatment
  • Textiles and Laundry
  • Oil and Gas
  • Healthcare
  • Electronics
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Solvay SA
  • Evonik Industries AG 
  • Arkema  
  • Kemira Oyj 
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Hydrogen Peroxide Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Hydrogen Peroxide Historical Market (2018-2023) 
    8.3    Global Hydrogen Peroxide Market Forecast (2024-2032)
    8.4    Global Hydrogen Peroxide Market by Application
        8.4.1    Chemical Synthesis
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Bleaching 
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Disinfectant 
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Cleaning and Etching
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Others
    8.5    Global Hydrogen Peroxide Market by End Use
        8.5.1    Pulp and Paper     
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Food and Beverages  
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Water Treatment   
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Textiles and Laundry 
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Oil and Gas     
            8.5.5.1    Historical Trend (2018-2023)
            8.5.5.2    Forecast Trend (2024-2032)
        8.5.6    Healthcare  
            8.5.6.1    Historical Trend (2018-2023)
            8.5.6.2    Forecast Trend (2024-2032)
        8.5.7    Electronics     
            8.5.7.1    Historical Trend (2018-2023)
            8.5.7.2    Forecast Trend (2024-2032)
        8.5.8    Others   
    8.6    Global Hydrogen Peroxide Market by Region
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032)
9    North America Hydrogen Peroxide Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Hydrogen Peroxide Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Hydrogen Peroxide Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Hydrogen Peroxide Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Hydrogen Peroxide Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market  Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Trade Analysis 

    16.1    Major Importing Countries
        16.1.1    By Volume
        16.1.2    By Value
    16.2    Major Exporting Countries
        16.2.1    By Volume
        16.2.2    By Value
17    Price Analysis
18    Manufacturing Process

    18.1    Overview
    18.2    Detailed Process Flow
    18.3    Operation Involved
19    Competitive Landscape
    19.1    Market Structure
    19.2    Company Profiles
        19.2.1    Solvay SA
            19.2.1.1    Company Overview
            19.2.1.2    Product Portfolio
            19.2.1.3    Demographic Reach and Achievements
            19.2.1.4    Certifications
        19.2.2    Evonik Industries AG
            19.2.2.1    Company Overview
            19.2.2.2    Product Portfolio
            19.2.2.3    Demographic Reach and Achievements
            19.2.2.4    Certifications
        19.2.3    Arkema
            19.2.3.1    Company Overview
            19.2.3.2    Product Portfolio
            19.2.3.3    Demographic Reach and Achievements
            19.2.3.4    Certifications
        19.2.4    Kemira Oyj
            19.2.4.1    Company Overview
            19.2.4.2    Product Portfolio
            19.2.4.3    Demographic Reach and Achievements
            19.2.4.4    Certifications
        19.2.5    Others
20    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Hydrogen Peroxide Market: Key Industry Highlights, 2018 and 2032
2.    Global Hydrogen Peroxide Historical Market: Breakup by Application (USD Billion), 2018-2023
3.    Global Hydrogen Peroxide Market Forecast: Breakup by Application (USD Billion), 2024-2032
4.    Global Hydrogen Peroxide Historical Market: Breakup by End Use (USD Billion), 2018-2023
5.    Global Hydrogen Peroxide Market Forecast: Breakup by End Use (USD Billion), 2024-2032
6.    Global Hydrogen Peroxide Historical Market: Breakup by Region (USD Billion), 2018-2023
7.    Global Hydrogen Peroxide Market Forecast: Breakup by Region (USD Billion), 2024-2032
8.    North America Hydrogen Peroxide Historical Market: Breakup by Country (USD Billion), 2018-2023
9.    North America Hydrogen Peroxide Market Forecast: Breakup by Country (USD Billion), 2024-2032
10.    Europe Hydrogen Peroxide Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    Europe Hydrogen Peroxide Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Asia Pacific Hydrogen Peroxide Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Asia Pacific Hydrogen Peroxide Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Latin America Hydrogen Peroxide Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Latin America Hydrogen Peroxide Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Middle East and Africa Hydrogen Peroxide Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Middle East and Africa Hydrogen Peroxide Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Major Importing Countries by Volume 
19.    Major Exporting Countries by Volume 
20.    Major Importing Countries by Value 
21.    Major Exporting Countries by Value 
22.    Global Hydrogen Peroxide Market Structure

Key Questions Answered in the Report

In 2023, the global hydrogen peroxide market attained a value of nearly USD 4.57 billion. 

In the forecast period of 2024-2032, the market is expected to grow at a CAGR of 4.4%.

By 2032, the market is expected to attain a value of USD 6.76 billion.

The major drivers of the market include the growing water treatment and pollution control applications of the hydrogen peroxide, rising demand for pulp and paper, and the growing demand for hydrogen peroxide from end-use sectors.

The rising demand for recyclable paper, the surging use of hydrogen peroxide in bleach products, and the increasing utilisation of hydrogen peroxide to boost crop yield in agricultural applications are the key trends positively influencing the market development.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific. 

The major applications of hydrogen peroxide include chemical synthesis, bleaching, disinfectant, and cleaning and etching, among others.

Pulp and paper, food and beverages, water treatment, textiles and laundry, oil and gas, healthcare, and electronics, among others, are the significant end uses of hydrogen peroxide.

The major players in the market are Solvay SA, Evonik Industries AG, Arkema, and Kemira Oyj, among others.

Analyst Review

The global hydrogen peroxide market attained a value of USD 4.57 billion in 2023, driven by the growing demand for the product for water treatment and pollution control applications. Aided by the rising demand for recycled paper, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 4.4%. The market is projected to reach USD 6.76 billion by 2032. 

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on applications, the industry can be segmented into chemical synthesis, bleaching, disinfectant, and cleaning and etching, among others, with chemical synthesis accounting for the largest market share. On the basis of end use, the pulp and paper sector accounts for the largest share in the market. The major regional markets for the product are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific. The key players in the above industry include Solvay SA, Evonik Industries AG, Arkema, and Kemira Oyj, among others. 

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.  

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