Global Hydrogen Peroxide Market Size Study, by Grade, by Function, by End-use Industry and Regional Forecasts 2022-2032

Description

The Global Hydrogen Peroxide Market, valued at approximately USD 3.53 billion in 2023, is poised for substantial growth with a compound annual growth rate (CAGR) of 5.00% over the forecast period from 2024 to 2032. Hydrogen peroxide (H2O2) has become a critical component across diverse industries, offering its unparalleled oxidizing, disinfecting, and bleaching properties. The demand for hydrogen peroxide continues to surge, fueled by its integral role in water treatment, pulp and paper bleaching, and emerging applications in the electronics and healthcare sectors.

The growth of this market is prominently driven by stringent environmental regulations promoting eco-friendly bleaching and wastewater treatment processes. Pulp and paper remain the largest end-use segment, leveraging hydrogen peroxide for high-quality bleaching while minimizing chlorine usage. In addition, the increasing adoption of H2O2 in the healthcare sector, owing to its antiseptic and disinfectant properties, significantly bolsters market growth. However, challenges such as handling hazards and the volatile pricing of raw materials may create roadblocks for market expansion. Nevertheless, technological innovations in production methods, alongside a burgeoning demand for sustainable and high-purity hydrogen peroxide, are expected to open new avenues for growth.

Regionally, Asia-Pacific dominates the global hydrogen peroxide market, propelled by robust industrialization, growing paper production, and increasing investments in water treatment infrastructure in countries like China, India, and Japan. North America and Europe follow closely, driven by stringent environmental standards and the rising adoption of green technologies. Emerging markets in Latin America and the Middle East & Africa are also witnessing significant growth, supported by expanding healthcare facilities and industrial developments.

Major market players included in this report are:

Solvay S.A.
Evonik Industries AG
Arkema S.A.
Mitsubishi Gas Chemical Company
Kemira Oyj
Akzo Nobel N.V.
PeroxyChem LLC
Gujarat Alkalies and Chemicals Limited
OCI Company Ltd.
Ecolab Inc.
Taekwang Industrial Co., Ltd.
Guangdong Zhongcheng Chemicals Inc.
BASF SE
Aditya Birla Chemicals
Hansol Chemical

The detailed segments and sub-segment of the market are explained below:

By Grade:

90% H2O2
35% H2O2
6 to 10% H2O2
3% H2O2

By Function:

Oxidant
Disinfectant
Bleaching
Others

By End-use Industry:

Pulp & Paper
Food & Beverage
Water Treatment
Textiles & Laundry
Oil & Gas
Healthcare
Electronics

By Region:

North America:

U.S.
Canada

Europe:

UK
Germany
France
Spain
Italy
Rest of Europe

Asia-Pacific:

China
India
Japan
Australia
South Korea
Rest of Asia-Pacific

Latin America:

Brazil
Mexico

Middle East & Africa:

Saudi Arabia
South Africa
Rest of Middle East & Africa

Years considered for the study are as follows:

Historical Year: 2022
Base Year: 2023
Forecast Period: 2024-2032

Key Takeaways:

Market estimates and forecasts for 10 years from 2022 to 2032.
Comprehensive regional-level analysis for each market segment.
Detailed insights into the competitive landscape with major industry players.
Strategic recommendations for navigating future market challenges.
Thorough demand-side and supply-side market analysis.

Chapter 1. Global Hydrogen Peroxide Market Executive Summary

1.1. Global Hydrogen Peroxide Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Grade
  - 1.3.1.1. 90% H2O2
  - 1.3.1.2. 35% H2O2
  - 1.3.1.3. 6 to 10% H2O2
  - 1.3.1.4. 3% H2O2
- 1.3.2. By Function
  - 1.3.2.1. Oxidant
  - 1.3.2.2. Disinfectant
  - 1.3.2.3. Bleaching
  - 1.3.2.4. Others
- 1.3.3. By End-use Industry
  - 1.3.3.1. Pulp & Paper
  - 1.3.3.2. Food & Beverage
  - 1.3.3.3. Water Treatment
  - 1.3.3.4. Textiles & Laundry
  - 1.3.3.5. Oil & Gas
  - 1.3.3.6. Healthcare
  - 1.3.3.7. Electronics
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Hydrogen Peroxide Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Hydrogen Peroxide Market Dynamics

3.1. Market Drivers
- 3.1.1. Stringent Environmental Regulations
- 3.1.2. Increasing Adoption in Pulp & Paper Industry
- 3.1.3. Growth in Healthcare Sector
3.2. Market Challenges
- 3.2.1. Handling Hazards
- 3.2.2. Volatile Raw Material Prices
3.3. Market Opportunities
- 3.3.1. Technological Innovations in Production Methods
- 3.3.2. Demand for Sustainable and High-purity H2O2
- 3.3.3. Expansion in Electronics Applications

Chapter 4. Global Hydrogen Peroxide Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Hydrogen Peroxide Market Size & Forecasts by Grade 2022-2032

5.1. Segment Dashboard
5.2. Global Hydrogen Peroxide Market: Grade Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. 90% H2O2
- 5.2.2. 35% H2O2
- 5.2.3. 6 to 10% H2O2
- 5.2.4. 3% H2O2

Chapter 6. Global Hydrogen Peroxide Market Size & Forecasts by Function 2022-2032

6.1. Segment Dashboard
6.2. Global Hydrogen Peroxide Market: Function Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Oxidant
- 6.2.2. Disinfectant
- 6.2.3. Bleaching
- 6.2.4. Others

Chapter 7. Global Hydrogen Peroxide Market Size & Forecasts by End-use Industry 2022-2032

7.1. Segment Dashboard
7.2. Global Hydrogen Peroxide Market: End-use Industry Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Pulp & Paper
- 7.2.2. Food & Beverage
- 7.2.3. Water Treatment
- 7.2.4. Textiles & Laundry
- 7.2.5. Oil & Gas
- 7.2.6. Healthcare
- 7.2.7. Electronics

Chapter 8. Global Hydrogen Peroxide Market Size & Forecasts by Region 2022-2032

8.1. North America Hydrogen Peroxide Market
- 8.1.1. U.S. Hydrogen Peroxide Market
  - 8.1.1.1. Grade Breakdown Size & Forecasts, 2022-2032
  - 8.1.1.2. Function Breakdown Size & Forecasts, 2022-2032
  - 8.1.1.3. End-use Industry Breakdown Size & Forecasts, 2022-2032
- 8.1.2. Canada Hydrogen Peroxide Market
8.2. Europe Hydrogen Peroxide Market
- 8.2.1. UK Hydrogen Peroxide Market
- 8.2.2. Germany Hydrogen Peroxide Market
- 8.2.3. France Hydrogen Peroxide Market
- 8.2.4. Spain Hydrogen Peroxide Market
- 8.2.5. Italy Hydrogen Peroxide Market
- 8.2.6. Rest of Europe Hydrogen Peroxide Market
8.3. Asia-Pacific Hydrogen Peroxide Market
- 8.3.1. China Hydrogen Peroxide Market
- 8.3.2. India Hydrogen Peroxide Market
- 8.3.3. Japan Hydrogen Peroxide Market
- 8.3.4. Australia Hydrogen Peroxide Market
- 8.3.5. South Korea Hydrogen Peroxide Market
- 8.3.6. Rest of Asia-Pacific Hydrogen Peroxide Market
8.4. Latin America Hydrogen Peroxide Market
- 8.4.1. Brazil Hydrogen Peroxide Market
- 8.4.2. Mexico Hydrogen Peroxide Market
- 8.4.3. Rest of Latin America Hydrogen Peroxide Market
8.5. Middle East & Africa Hydrogen Peroxide Market
- 8.5.1. Saudi Arabia Hydrogen Peroxide Market
- 8.5.2. South Africa Hydrogen Peroxide Market
- 8.5.3. Rest of Middle East & Africa Hydrogen Peroxide Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Solvay S.A.
- 9.1.2. Evonik Industries AG
- 9.1.3. Arkema S.A.
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Solvay S.A.
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Market Strategies
- 9.3.2. Evonik Industries AG
- 9.3.3. Arkema S.A.
- 9.3.4. Mitsubishi Gas Chemical Company
- 9.3.5. Kemira Oyj
- 9.3.6. Akzo Nobel N.V.
- 9.3.7. PeroxyChem LLC
- 9.3.8. Gujarat Alkalies and Chemicals Limited
- 9.3.9. OCI Company Ltd.
- 9.3.10. Ecolab Inc.
- 9.3.11. Taekwang Industrial Co., Ltd.
- 9.3.12. Guangdong Zhongcheng Chemicals Inc.
- 9.3.13. BASF SE
- 9.3.14. Aditya Birla Chemicals
- 9.3.15. Hansol Chemical

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes