PUBLISHER: The Business Research Company | PRODUCT CODE: 1429752
PUBLISHER: The Business Research Company | PRODUCT CODE: 1429752
Calcium peroxide, represented by the formula CaO2, is an inorganic compound produced by combining calcium salts and hydrogen peroxide. This chemical is nearly insoluble in water but undergoes hydrolysis upon contact, releasing oxygen. Exposure to acid leads to its decomposition into hydrogen peroxide. Recognized for its robust oxidizing properties, calcium peroxide finds significant use in agriculture for enhancing soil quality and boosting productivity.
Calcium peroxide is available in different grades, primarily food and industrial. Food-grade variants are formulated from materials deemed safe and appropriate for their designated use without altering the food's composition or introducing hazardous elements. Its applications span across various industries including food and beverage, agriculture, mining, pharmaceuticals, paper and pulp, encompassing roles such as seed disinfectants, bleaching agents, dough conditioners, and oxidizing agents.
The calcium peroxide market research report is one of a series of new reports from The Business Research Company that provides calcium peroxide market statistics, including calcium peroxide industry global market size, regional shares, competitors with a calcium peroxide market share, detailed calcium peroxide market segments, market trends and opportunities, and any further data you may need to thrive in the calcium peroxide industry. This calcium peroxide market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The calcium peroxide market size has grown rapidly in recent years. It will grow from $2.94 billion in 2023 to $3.29 billion in 2024 at a compound annual growth rate (CAGR) of 11.9%. The historic growth can be attributed to the expansion of the paper and pulp industries, robust economic development in emerging markets, increased establishment of wastewater treatment facilities, and heightened demand for food grains.
The calcium peroxide market size is expected to see rapid growth in the next few years. It will grow to $5.06 billion in 2028 at a compound annual growth rate (CAGR) of 11.4%. Anticipated growth factors include paper and pulp industry expansion, strong emerging market economies, wastewater treatment facility expansion, and increased demand for food grains. Foreseen trends involve heightened mergers and acquisitions among industry players and increased investment in expanding production capacities.
The expansion of the oral healthcare industry is anticipated to drive growth in the calcium peroxide market. Oral hygiene, characterized by regular teeth brushing and interdental cleaning, is crucial for maintaining a clean and disease-free mouth. The oral healthcare market is experiencing substantial growth due to increased instances of dental disorders, a rise in the global number of practicing dentists, and technological advancements in oral care products. Calcium peroxide, employed as a whitening agent in oral care products, contributes to tooth enamel renewal during the whitening process. Dentistry IQ, a US-based oral health information provider, reported that the global oral care industry achieved a valuation of $53 billion in 2020 and is projected to reach $96 billion by the end of 2031. Consequently, the burgeoning oral healthcare industry acts as a driving force for the calcium peroxide market.
The calcium peroxide market is expected to experience growth fueled by rapid industrialization during the forecast period. The acceleration of industrialization has led to increased levels of greenhouse gases and carbon dioxide emissions, prompting a shift toward decarbonization. This transition is poised to facilitate market expansion. In 2022, as reported by Trading Economics, a US-based information provider, industrial production in the United States witnessed a 0.2% annual increase in April 2023, following a 0.1% rise in March. The trajectory of rapid industrialization is anticipated to contribute significantly to the growth of the calcium peroxide market in the forecast period.
The growth of the calcium peroxide market is expected to be driven by an increased demand for bakery products during the forecast period. Calcium peroxide plays a crucial role in bakery product manufacturing by aiding in the smoothening of dough. It serves as a dough conditioner, expediting and simplifying the bread-making process. The use of calcium peroxide as a fast-oxidizing agent and dough conditioner is common in yeast-leavened bread items. A report from the Association of German Plant Bakeries in September 2022 highlighted a growth in the exports of bread and bakery products from Germany in the first half of 2022. The export of approximately 753,100 tons of baked goods, with bread accounting for 30% of total exports, illustrates the increasing adoption of dough conditioners and supports the growth of the calcium peroxide market.
The calcium peroxide market is poised for growth driven by the rising demand for food. Factors contributing to this demand include population growth and increasing individual incomes. Calcium peroxide is widely employed as a dough conditioner in the baking industry, with one of its primary applications being in bread production. Agricultural Economic Insight, a US-based provider of agricultural economy trends, reported an upsurge in the demand for bread in the US in 2021. Sales in the fresh bread and rolls category experienced a 6.1% growth, reaching $15.0 billion-an exceptional performance in an essential food category. Consequently, the heightened demand for food products is expected to bolster the calcium peroxide market.
Companies in the calcium peroxide market are strategically investing in production expansion to achieve competitive expansion and augment their market share. For example, in 2023, Peroxidos do Brasil, a joint venture between the Belgian multinational chemical company Solvay and the Brazilian group Produtos Quimicos Makay (PQM), successfully concluded a $78 million investment package for expanding its hydrogen peroxide production capacity in Brazil and Chile.
Major companies operating in the calcium peroxide market report are Evonik Industries AG, Solvay SA, Shangyu Jiehua Chemical Co. Ltd., American Elements, STP Chem Solutions Co. Ltd., Carus Group Inc., LobaChemie Pct.Ltd., Kingsfield Inc., Nikunj Chemicals, Kanto Chemical Co. Inc., Kingboard Chemical Holdings Ltd., Nippon Carbide Industries Co. Inc., SammiChem, AksharChem India Ltd., Weifang Haihua Yuhua Chemistry Industry Co. Ltd., Jinan Haohua Industry Co. Ltd., Jiangxi Tiansheng New Materials Co. Ltd., Shouguang Tianwei Chemical Co. Ltd., Shouguang Hengshun Chemical Co. Ltd., PeroxyChem, Bionema, Molekua Group, Sulfo Surfactants, Monarch Chemicals, EuroChem, Polimery PWR Sp. z o.o., Reade Advanced Materials, SAE Manufacturing Specialties Corp, Super Conductor Materials Inc., Barium & Chemicals Inc., FMC Corporation, Peroxidos do Brasil Ltda., Retilox Quimica Especial, Atanor S.A, Chemstock Inc., Dubichem, Colonial Chemical Inc., Sanmar Chemicals, Nuberg EPC, Tiba for Chemicals and Trading, Arabian Group for Development (AGD), EGYCHEM.
Asia-Pacific was the largest region in the calcium peroxide market in 2023. The Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the calcium peroxide market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the calcium peroxide market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The calcium peroxide market consists of sales of calcium peroxide that is used as a clarifying agent and deodorizing agent. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Calcium Peroxide Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on calcium peroxide market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for calcium peroxide? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The calcium peroxide market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of covid 19 on supply chains and consumption patterns.