The "Hydrogen Peroxide Market by Product Function, Grade, End-use Industry, and Region - Global Forecast to 2030" has been added to ResearchAndMarkets.com's offering.
The hydrogen peroxide market was valued at USD 3.48 billion in 2024 and is projected to reach USD 4.70 billion by 2030, growing at a CAGR of 5.1% during the forecast period.
The demand is driven by its wide usage across various industries due to its strong oxidizing properties and eco-friendliness. Hydrogen peroxide is notably used in the paper and pulp sector for chlorine-free bleaching, complying with sustainability goals. The electronics and semiconductor sectors also contribute to demand by requiring high-purity grades for precision cleaning. The move towards environmentally safe chemicals in industrial processes and water purification is further accelerating market growth, influenced by government regulations favoring biodegradable products.
35% Hydrogen Peroxide Segment
The 35% hydrogen peroxide segment is expected to register the highest CAGR during the forecast period. Its widespread adoption in industrial applications is attributed to its optimal reactivity and safety balance. The concentration is favored in pulp and paper bleaching, chemical synthesis, textile processing, and wastewater treatment due to its effectiveness without necessitating extensive safety modifications.
The segment's growth is aligned with the increasing demand for environmentally friendly oxidizing agents, particularly where stringent sustainability norms apply. The versatility of the 35% grade enhances its commercial viability, projected to drive its leading growth trajectory.
Bleaching Function
The bleaching function is anticipated to register the highest CAGR during the forecast period, driven by its critical application in the pulp and paper, textiles, and electronics industries. Specifically, hydrogen peroxide is pivotal in elemental chlorine-free and total chlorine-free bleaching processes, aligning with environmental standards. In textiles, it supports sustainable whitening, while in electronics, it's crucial for wafer cleaning and etching within the semiconductor industry. Consistent demand coupled with favoring environmental regulations is propelling growth in the bleaching function.
Pulp & Paper Industry
The pulp and paper industry segment is expected to register the highest CAGR, motivated by extensive usage of hydrogen peroxide for eco-friendly bleaching and delignification processes. With the rise in demand for paper-based packaging and hygiene products in regions like Asia Pacific and Latin America, hydrogen peroxide's efficiency and sustainable credentials enhance its adoption. Compliance with environmental regulations and consumer preferences for eco-labeled products continue to drive its growth in this sector.
Asia Pacific Growth
Asia Pacific is projected to record the highest CAGR during the forecast period, attributed to robust industrial growth and increased manufacturing activities in countries such as China, India, and Southeast Asian nations. The region's pulp and paper, textiles, and chemical sectors are major hydrogen peroxide consumers. Environmental awareness and regulatory measures are pushing industries towards cleaner alternatives, enhancing adoption. Government investments in water treatment and a surge in electronics and semiconductor demand further fuel market growth. The region's competitive production costs and shifting global manufacturing focus bolster its dominance.
Companies Covered
Some key players in the hydrogen peroxide market include Evonik Industries AG (Germany), Solvay S.A. (Belgium), Arkema Group (France), Nouryon (Netherlands), Kemira (Finland), Gujarat Alkalies & Chemicals Ltd. (India), Taekwang Industrial Co., Ltd. (South Korea), Airedale Group (UK), OCI Ltd. (South Korea), and National Peroxide (India).
Research Coverage
The market study covers the hydrogen peroxide market across various segments, estimating market size and growth potential based on grade, product function, end-use industry, and region. It includes a competitive analysis of key players, company profiles, product offerings, recent developments, and growth strategies.
Key insights include:
- Analysis of key drivers, restraints, opportunities, and challenges in the hydrogen peroxide market.
- Insights on product development, upcoming technologies, and new product launches.
- Market development information across varied regions.
- Details on market diversification, untapped geographies, and investments.
- In-depth competitive assessment of leading market players and their strategies.
Key Attributes:
Report Attribute | Details |
No. of Pages | 351 |
Forecast Period | 2024 - 2030 |
Estimated Market Value (USD) in 2024 | $3.48 Billion |
Forecasted Market Value (USD) by 2030 | $4.7 Billion |
Compound Annual Growth Rate | 5.1% |
Regions Covered | GlobalĀ |
Key Topics Covered:
Market Dynamics
-
Drivers:
- Increasing Demand For Surface Disinfectants
- Growing Demand For Hydrogen Peroxide As Oxidizing Agent
- Increasing Applications In Pulp & Paper Industry
- Government Push For Green Chemicals And Circular Manufacturing
-
Challenges:
- Limited Shelf Stability And Distribution Constraints In Hot Climates
- Water And Energy-Intensive Manufacturing Process
-
Case Studies:
- Solvay And Suzano Partnered For On-Site Hydrogen Peroxide Production In Brazil
- Dow And Evonik Launched Hydrogen Peroxide To Propylene Glycol Pilot Plant
- Evonik And Fuhua Established Joint Venture For Specialty Hydrogen Peroxide In China
-
Industry Trends:
- Trends/Disruptions Impacting Customer Business
- Pricing Analysis
- Value Chain Analysis
- Ecosystem Analysis
- Technology Analysis
- Impact Of Gen AI On Hydrogen Peroxide Market
- Patent Analysis
- Trade Analysis
- Key Conferences And Events In 2025
- Regulatory Landscape
- Porter's Five Forces Analysis
- Key Stakeholders And Buying Criteria
- Macroeconomic Analysis
- Investment And Funding Scenario
- Impact Of 2025 US Tariff - Hydrogen Peroxide Market
-
Opportunities:
- Demand For High-Purity Chemical Grades From Semiconductor And Electronics Industries
- Integration Into Textile Processing For Sustainable Finishing
- Agricultural And Post-Harvest Applications In Food Safety
Company Profiles
- Evonik
- Solvay
- Arkema
- Nouryon
- Kemira
- Gujarat Alkalies And Chemicals Limited
- Taekwang Industrial Co., Ltd.
- Airedale Group
- Oci Limited
- National Peroxide Limited
- Aditya Birla Chemicals
- Hawkins
- Mitsubishi Gas Chemical Company, Inc.
- Indian Peroxide Limited
- Kingboard Holdings Limited
- Guangdong Zhongcheng Chemicals Inc.
- Khimprom
- Barentz
- Interstate Chemical Company
- Pcipl
- Miles Chemical Company
- Emco Chemical Distributors, Inc.
- Nuberg Epc
- Hubbard-Hall
- Chemplast Sanmar Limited
For more information about this report visit https://www.researchandmarkets.com/r/rhl5mq
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