Hydrogen Peroxide Market Share, Size, Trends, Industry Analysis Report, By Function (Disinfectant, Bleaching, Oxidant, Others); By Application; By Region; Segment Forecast, 2024

Description

List of Tables

The global hydrogen peroxide market size is expected to reach USD 4.97 billion by 2032, according to a new study by Polaris Market Research. The report "Hydrogen Peroxide Market Size, Share, Trends, Industry Analysis Report - By Grade (90% H2O2, 35% H2O2, 6% to 10% H2O2, and 3% H2O2), Function, Application, and Region; Market Forecast, 2024-2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.

The hydrogen peroxide market has seen significant growth in recent years, driven by its versatile applications across various industries such as food processing, textiles, healthcare, and others. Hydrogen peroxide (H2O2) is a colorless, odorless liquid commonly known for its strong oxidizing properties, making it an effective bleaching agent, disinfectant, and oxidizer. Its applications range from healthcare and pharmaceuticals to environmental and industrial processes, enhancing its importance in the global market. The demand for hydrogen peroxide is further propelled by increasing awareness regarding hygiene and sanitation, particularly in the wake of global health crises.

The increasing emphasis on sustainability is reshaping the hydrogen peroxide market. Manufacturers are exploring eco-friendly production methods, such as using renewable energy sources and reducing waste generation during production. The growing popularity of green chemistry has prompted companies to seek alternatives to traditional hydrogen peroxide synthesis, which often relies on petroleum-based feedstocks. Moreover, the rise of biodegradable and environmentally friendly products in consumer markets is driving the demand for hydrogen peroxide in formulations that are perceived as safer for both humans and the environment.

The textile industry also contributes significantly to the hydrogen peroxide market, where it is used for bleaching and treating fabrics. The need for high-quality textiles that meet consumer expectations for brightness and colorfastness has increased as fashion trends evolve. Hydrogen peroxide offers an effective solution, enabling manufacturers to produce vibrant and durable fabrics while minimizing environmental impact. Furthermore, the chemical industry utilizes hydrogen peroxide as an intermediate in the production of various chemicals, including peracetic acid, which is used in disinfection and as a bleaching agent. This diverse range of applications highlights the integral role of hydrogen peroxide in supporting industrial processes across multiple sectors.

Hydrogen Peroxide Market Report Highlights

By function, the bleaching segment dominated the market in 2023 owing to its widespread use in various industries, including textiles, paper, and pulp.

In terms of application, the pulp and paper segment accounted for the largest market share in 2023, owing to the essential role of hydrogen peroxide in bleaching processes and the production of high-quality paper products.

APAC garnered the largest revenue share in 2023 owing to rapid industrialization, increasing urbanization, and rising population levels.

Arkema, Evonik Industries, Solvay, BASF, Akzo Nobel, Kemira Oyj, Hansol Chemical, Mitsubishi Gas Chemical Company, Aditya Birla Chemicals, Gujarat Alkalies and Chemicals, and FMC Corporation are among the global hydrogen peroxide market players.

Polaris Market Research has segmented the hydrogen peroxide market report on the basis of grade, function, application, and region:

By Grade Outlook (Volume, Kilotons; Revenue, USD Billion, 2024 - 2032)

90% H2O2
5% H2O2
6% to 10% H2O2
3% H2O2

By Function Outlook (Volume, Kilotons; Revenue, USD Billion, 2024 - 2032)

Disinfectant
Bleaching
Oxidant
Others

By Application Outlook (Volume, Kilotons; Revenue, USD Billion, 2024 - 2032)

Pulp & Paper
Chemical Synthesis
Wastewater Treatment
Mining
Food & Beverages
Personal Care
Healthcare
Textiles
Others

By Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2024 - 2032)

North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America

Product Code: PM1961

1. Introduction
1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders
2. Executive Summary
2.1. Market Highlights
3. Research Methodology
3.1. Overview
- 3.1.1. Data Mining
3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Hydrogen Peroxide Market Insights
4.1. Hydrogen Peroxide Market - Market Snapshot
4.2. Hydrogen Peroxide Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Rising adoption in the water treatment sector is driving the market growth
  - 4.2.1.2. Growing urbanization worldwide propels the market
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. Contact with hydrogen peroxide can cause severe irritation or burns to the skin and eyes, which is hindering the hydrogen peroxide market growth
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Hydrogen Peroxide Market Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis
5. Global Hydrogen Peroxide Market, by Grade
5.1. Key Findings
5.2. Introduction
- 5.2.1. Global Hydrogen Peroxide Market, by Grade 2019-2032 (USD Billion)
5.3. 90% H2O2
- 5.3.1. Global Hydrogen Peroxide Market, by 90% H2O2, by Region, 2019-2032 (USD Billion)
5.4. 35% H2O2
- 5.4.1. Global Hydrogen Peroxide Market, by 35% H2O2, by Region, 2019-2032 (USD Billion)
5.5. 6% to 10% H2O2
- 5.5.1. Global Hydrogen Peroxide Market, by 6% to 10% H2O2, by Region, 2019-2032 (USD Billion)
5.6. 3% H2O2
- 5.6.1. Global Hydrogen Peroxide Market, by 3% H2O2, by Region, 2019-2032 (USD Billion)
6. Global Hydrogen Peroxide Market, by Function
6.1. Key Findings
6.2. Introduction
- 6.2.1. Global Hydrogen Peroxide Market, by Function, 2019-2032 (USD Billion)
6.3. Disinfectant
- 6.3.1. Global Hydrogen Peroxide Market, by Disinfectant, by Region, 2019-2032 (USD Billion)
6.4. Bleaching
- 6.4.1. Global Hydrogen Peroxide Market, by Bleaching, by Region, 2019-2032 (USD Billion)
6.5. Oxidant
- 6.5.1. Global Hydrogen Peroxide Market, by Oxidant, by Region, 2019-2032 (USD Billion)
6.6. Others
- 6.6.1. Global Hydrogen Peroxide Market, by Others, by Region, 2019-2032 (USD Billion)
7. Global Hydrogen Peroxide Market, by Application
7.1. Key Findings
7.2. Introduction
- 7.2.1. Global Hydrogen Peroxide Market, by Application, 2019-2032 (USD Billion)
7.3. Pulp & Paper
- 7.3.1. Global Hydrogen Peroxide Market, by Pulp & Paper, by Region, 2019-2032 (USD Billion)
7.4. Chemical Synthesis
- 7.4.1. Global Hydrogen Peroxide Market, by Chemical Synthesis, by Region, 2019-2032 (USD Billion)
7.5. Wastewater Treatment
- 7.5.1. Global Hydrogen Peroxide Market, by Wastewater Treatment, by Region, 2019-2032 (USD Billion)
7.6. Food & Beverages
- 7.6.1. Global Hydrogen Peroxide Market, by Food & Beverages, by Region, 2019-2032 (USD Billion)
7.7. Personal Care
- 7.7.1. Global Hydrogen Peroxide Market, by Personal Care, by Region, 2019-2032 (USD Billion)
7.8. Healthcare
- 7.8.1. Global Hydrogen Peroxide Market, by Healthcare, by Region, 2019-2032 (USD Billion)
7.9. textiles
- 7.9.1. Global Hydrogen Peroxide Market, by textiles, by Region, 2019-2032 (USD Billion)
7.10. Others
- 7.10.1. Global Hydrogen Peroxide Market, by Others, by Region, 2019-2032 (USD Billion)
8. Global Hydrogen Peroxide Market, by Geography
8.1. Key Findings
8.2. Introduction
- 8.2.1. Hydrogen Peroxide Market Assessment, By Geography, 2019-2032 (USD Billion)
8.3. Hydrogen Peroxide Market - North America
- 8.3.1. North America: Hydrogen Peroxide Market, by Grade, 2019-2032 (USD Billion)
- 8.3.2. North America: Hydrogen Peroxide Market, by Function, 2019-2032 (USD Billion)
- 8.3.3. North America: Hydrogen Peroxide Market, by Application, 2019-2032 (USD Billion)
- 8.3.4. Hydrogen Peroxide Market - U.S.
  - 8.3.4.1. U.S.: Hydrogen Peroxide Market, by Grade, 2019-2032 (USD Billion)
  - 8.3.4.2. U.S.: Hydrogen Peroxide Market, by Function, 2019-2032 (USD Billion)
  - 8.3.4.3. U.S.: Hydrogen Peroxide Market, by Application, 2019-2032 (USD Billion)
- 8.3.5. Hydrogen Peroxide Market - Canada
  - 8.3.5.1. Canada: Hydrogen Peroxide Market, by Grade, 2019-2032 (USD Billion)
  - 8.3.5.2. Canada: Hydrogen Peroxide Market, by Function, 2019-2032 (USD Billion)
  - 8.3.5.3. Canada: Hydrogen Peroxide Market, by Application, 2019-2032 (USD Billion)
8.4. Hydrogen Peroxide Market - Europe
- 8.4.1. Europe: Hydrogen Peroxide Market, by Grade, 2019-2032 (USD Billion)
- 8.4.2. Europe: Hydrogen Peroxide Market, by Function, 2019-2032 (USD Billion)
- 8.4.3. Europe: Hydrogen Peroxide Market, by Application, 2019-2032 (USD Billion)
- 8.4.4. Hydrogen Peroxide Market - UK
  - 8.4.4.1. UK: Hydrogen Peroxide Market, by Grade, 2019-2032 (USD Billion)
  - 8.4.4.2. UK: Hydrogen Peroxide Market, by Function, 2019-2032 (USD Billion)
  - 8.4.4.3. UK: Hydrogen Peroxide Market, by Application, 2019-2032 (USD Billion)
- 8.4.5. Hydrogen Peroxide Market - France
  - 8.4.5.1. France: Hydrogen Peroxide Market, by Grade, 2019-2032 (USD Billion)
  - 8.4.5.2. France: Hydrogen Peroxide Market, by Function, 2019-2032 (USD Billion)
  - 8.4.5.3. France: Hydrogen Peroxide Market, by Application, 2019-2032 (USD Billion)
- 8.4.6. Hydrogen Peroxide Market - Germany
  - 8.4.6.1. Germany: Hydrogen Peroxide Market, by Grade, 2019-2032 (USD Billion)
  - 8.4.6.2. Germany: Hydrogen Peroxide Market, by Function, 2019-2032 (USD Billion)
  - 8.4.6.3. Germany: Hydrogen Peroxide Market, by Application, 2019-2032 (USD Billion)
- 8.4.7. Hydrogen Peroxide Market - Italy
  - 8.4.7.1. Italy: Hydrogen Peroxide Market, by Grade, 2019-2032 (USD Billion)
  - 8.4.7.2. Italy: Hydrogen Peroxide Market, by Function, 2019-2032 (USD Billion)
  - 8.4.7.3. Italy: Hydrogen Peroxide Market, by Application, 2019-2032 (USD Billion)
- 8.4.8. Hydrogen Peroxide Market - Spain
  - 8.4.8.1. Spain: Hydrogen Peroxide Market, by Grade, 2019-2032 (USD Billion)
  - 8.4.8.2. Spain: Hydrogen Peroxide Market, by Function, 2019-2032 (USD Billion)
  - 8.4.8.3. Spain: Hydrogen Peroxide Market, by Application, 2019-2032 (USD Billion)
- 8.4.9. Hydrogen Peroxide Market - Netherlands
  - 8.4.9.1. Netherlands: Hydrogen Peroxide Market, by Grade, 2019-2032 (USD Billion)
  - 8.4.9.2. Netherlands: Hydrogen Peroxide Market, by Function, 2019-2032 (USD Billion)
  - 8.4.9.3. Netherlands: Hydrogen Peroxide Market, by Application, 2019-2032 (USD Billion)
- 8.4.10. Hydrogen Peroxide Market - Russia
  - 8.4.10.1. Russia: Hydrogen Peroxide Market, by Grade, 2019-2032 (USD Billion)
  - 8.4.10.2. Russia: Hydrogen Peroxide Market, by Function, 2019-2032 (USD Billion)
  - 8.4.10.3. Russia: Hydrogen Peroxide Market, by Application, 2019-2032 (USD Billion)
- 8.4.11. Hydrogen Peroxide Market - Rest of Europe
  - 8.4.11.1. Rest of Europe: Hydrogen Peroxide Market, by Grade, 2019-2032 (USD Billion)
  - 8.4.11.2. Rest of Europe: Hydrogen Peroxide Market, by Function, 2019-2032 (USD Billion)
  - 8.4.11.3. Rest of Europe: Hydrogen Peroxide Market, by Application, 2019-2032 (USD Billion)
8.5. Hydrogen Peroxide Market - Asia Pacific
- 8.5.1. Asia Pacific: Hydrogen Peroxide Market, by Grade, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific: Hydrogen Peroxide Market, by Function, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Hydrogen Peroxide Market, by Application, 2019-2032 (USD Billion)
- 8.5.4. Hydrogen Peroxide Market - China
  - 8.5.4.1. China: Hydrogen Peroxide Market, by Grade, 2019-2032 (USD Billion)
  - 8.5.4.2. China: Hydrogen Peroxide Market, by Function, 2019-2032 (USD Billion)
  - 8.5.4.3. China: Hydrogen Peroxide Market, by Application, 2019-2032 (USD Billion)
- 8.5.5. Hydrogen Peroxide Market - India
  - 8.5.5.1. India: Hydrogen Peroxide Market, by Grade, 2019-2032 (USD Billion)
  - 8.5.5.2. India: Hydrogen Peroxide Market, by Function, 2019-2032 (USD Billion)
  - 8.5.5.3. India: Hydrogen Peroxide Market, by Application, 2019-2032 (USD Billion)
- 8.5.6. Hydrogen Peroxide Market - Malaysia
  - 8.5.6.1. Malaysia: Hydrogen Peroxide Market, by Grade, 2019-2032 (USD Billion)
  - 8.5.6.2. Malaysia: Hydrogen Peroxide Market, by Function, 2019-2032 (USD Billion)
  - 8.5.6.3. Malaysia: Hydrogen Peroxide Market, by Application, 2019-2032 (USD Billion)
- 8.5.7. Hydrogen Peroxide Market - Japan
  - 8.5.7.1. Japan: Hydrogen Peroxide Market, by Grade, 2019-2032 (USD Billion)
  - 8.5.7.2. Japan: Hydrogen Peroxide Market, by Function, 2019-2032 (USD Billion)
  - 8.5.7.3. Japan: Hydrogen Peroxide Market, by Application, 2019-2032 (USD Billion)
- 8.5.8. Hydrogen Peroxide Market - Indonesia
  - 8.5.8.1. Indonesia: Hydrogen Peroxide Market, by Grade, 2019-2032 (USD Billion)
  - 8.5.8.2. Indonesia: Hydrogen Peroxide Market, by Function, 2019-2032 (USD Billion)
  - 8.5.8.3. Indonesia: Hydrogen Peroxide Market, by Application, 2019-2032 (USD Billion)
- 8.5.9. Hydrogen Peroxide Market - South Korea
  - 8.5.9.1. South Korea: Hydrogen Peroxide Market, by Grade, 2019-2032 (USD Billion)
  - 8.5.9.2. South Korea: Hydrogen Peroxide Market, by Function, 2019-2032 (USD Billion)
  - 8.5.9.3. South Korea: Hydrogen Peroxide Market, by Application, 2019-2032 (USD Billion)
- 8.5.10. Hydrogen Peroxide Market - Australia
  - 8.5.10.1. Australia: Hydrogen Peroxide Market, by Grade, 2019-2032 (USD Billion)
  - 8.5.10.2. Australia: Hydrogen Peroxide Market, by Function, 2019-2032 (USD Billion)
  - 8.5.10.3. Australia: Hydrogen Peroxide Market, by Application, 2019-2032 (USD Billion)
- 8.5.11. Hydrogen Peroxide Market - Rest of Asia Pacific
  - 8.5.11.1. Rest of Asia Pacific: Hydrogen Peroxide Market, by Grade, 2019-2032 (USD Billion)
  - 8.5.11.2. Rest of Asia Pacific: Hydrogen Peroxide Market, by Function, 2019-2032 (USD Billion)
  - 8.5.11.3. Rest of Asia Pacific: Hydrogen Peroxide Market, by Application, 2019-2032 (USD Billion)
8.6. Hydrogen Peroxide Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Hydrogen Peroxide Market, by Grade, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa: Hydrogen Peroxide Market, by Function, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Hydrogen Peroxide Market, by Application, 2019-2032 (USD Billion)
- 8.6.4. Hydrogen Peroxide Market - Saudi Arabia
  - 8.6.4.1. Saudi Arabia: Hydrogen Peroxide Market, by Grade, 2019-2032 (USD Billion)
  - 8.6.4.2. Saudi Arabia: Hydrogen Peroxide Market, by Function, 2019-2032 (USD Billion)
  - 8.6.4.3. Saudi Arabia: Hydrogen Peroxide Market, by Application, 2019-2032 (USD Billion)
- 8.6.5. Hydrogen Peroxide Market - UAE
  - 8.6.5.1. UAE: Hydrogen Peroxide Market, by Grade, 2019-2032 (USD Billion)
  - 8.6.5.2. UAE: Hydrogen Peroxide Market, by Function, 2019-2032 (USD Billion)
  - 8.6.5.3. UAE: Hydrogen Peroxide Market, by Application, 2019-2032 (USD Billion)
- 8.6.6. Hydrogen Peroxide Market - Israel
  - 8.6.6.1. Israel: Hydrogen Peroxide Market, by Grade, 2019-2032 (USD Billion)
  - 8.6.6.2. Israel: Hydrogen Peroxide Market, by Function, 2019-2032 (USD Billion)
  - 8.6.6.3. Israel: Hydrogen Peroxide Market, by Application, 2019-2032 (USD Billion)
- 8.6.7. Hydrogen Peroxide Market - South Africa
  - 8.6.7.1. South Africa: Hydrogen Peroxide Market, by Grade, 2019-2032 (USD Billion)
  - 8.6.7.2. South Africa: Hydrogen Peroxide Market, by Function, 2019-2032 (USD Billion)
  - 8.6.7.3. South Africa: Hydrogen Peroxide Market, by Application, 2019-2032 (USD Billion)
- 8.6.8. Hydrogen Peroxide Market - Rest of Middle East & Africa
  - 8.6.8.1. Rest of Middle East & Africa: Hydrogen Peroxide Market, by Grade, 2019-2032 (USD Billion)
  - 8.6.8.2. Rest of Middle East & Africa: Hydrogen Peroxide Market, by Function, 2019-2032 (USD Billion)
  - 8.6.8.3. Rest of Middle East & Africa: Hydrogen Peroxide Market, by Application, 2019-2032 (USD Billion)
8.7. Hydrogen Peroxide Market - Latin America
- 8.7.1. Latin America: Hydrogen Peroxide Market, by Grade, 2019-2032 (USD Billion)
- 8.7.2. Latin America: Hydrogen Peroxide Market, by Function, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Hydrogen Peroxide Market, by Application, 2019-2032 (USD Billion)
- 8.7.4. Hydrogen Peroxide Market - Mexico
  - 8.7.4.1. Mexico: Hydrogen Peroxide Market, by Grade, 2019-2032 (USD Billion)
  - 8.7.4.2. Mexico: Hydrogen Peroxide Market, by Function, 2019-2032 (USD Billion)
  - 8.7.4.3. Mexico: Hydrogen Peroxide Market, by Application, 2019-2032 (USD Billion)
- 8.7.5. Hydrogen Peroxide Market - Brazil
  - 8.7.5.1. Brazil: Hydrogen Peroxide Market, by Grade, 2019-2032 (USD Billion)
  - 8.7.5.2. Brazil: Hydrogen Peroxide Market, by Function, 2019-2032 (USD Billion)
  - 8.7.5.3. Brazil: Hydrogen Peroxide Market, by Application, 2019-2032 (USD Billion)
- 8.7.6. Hydrogen Peroxide Market - Argentina
  - 8.7.6.1. Argentina: Hydrogen Peroxide Market, by Grade, 2019-2032 (USD Billion)
  - 8.7.6.2. Argentina: Hydrogen Peroxide Market, by Function, 2019-2032 (USD Billion)
  - 8.7.6.3. Argentina: Hydrogen Peroxide Market, by Application, 2019-2032 (USD Billion)
- 8.7.7. Hydrogen Peroxide Market - Rest of Latin America
  - 8.7.7.1. Rest of Latin America: Hydrogen Peroxide Market, by Grade, 2019-2032 (USD Billion)
  - 8.7.7.2. Rest of Latin America: Hydrogen Peroxide Market, by Function, 2019-2032 (USD Billion)
  - 8.7.7.3. Rest of Latin America: Hydrogen Peroxide Market, by Application, 2019-2032 (USD Billion)
9. Competitive Landscape
9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
10.1. Arkema
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
10.2. Evonik Industries
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
10.3. Solvay
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
10.4. BASF
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
10.5. Akzo Nobel
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
10.6. Kemira Oyj
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
10.7. Hansol Chemical
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
10.8. Mitsubishi Gas Chemical Company
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
10.9. Aditya Birla Chemicals
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
10.10. Gujarat Alkalies and Chemicals
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
10.11. AcceGen
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
10.12. FMC Corporation
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development