The market size of hydrogen peroxide was estimated at $4.8 billion in 2019. The market is expected to take a moderate growth of over 5.7 % from the period of the year 2020 to 2025. The rising demand for pulp and paper worldwide, coupled with the use of launching products in the HPPO process in the production of propylene oxide, is a major factor attributable to this development.
Hydrogen peroxide is a substance that has an oxygen and hydrogen combination and is commonly used in various industrial market segments. The compound has different properties, such as antiseptic and effective bleaching properties, making it highly suitable for the paper and pulp, and hospitality sectors.
For various basic hygiene and healthcare uses, hydrogen peroxide is often used. It is used in the treatment of the skin as an antifungal agent for comparatively tiny cuts and bruises and as a mouthwash remedy for the discharge of mucus as well as other mouth irritations.
|Global Market Insights||Hydrogen Peroxide Market|
|Global market value|
>6.3% Chemical synthesis
|>35 % Paper and pulp |
|Global market value|
|APAC market share (2026) : >50%|
CAGR (2020-26) :5.8 %
Due to its subsequent growth in its multiple end-user industries, the market value of hydrogen peroxide is continuously rising. Due to the rising demand from the chemical and wastewater treatment industry, the consumption of goods has seen a significant increase over the past few years. The paper and pulp industries are major markets for hydrogen peroxide and are predicted to show moderate growth in the demand over the forecast period.
Because of the rising information among end-client organizations of the adaptable properties of hydrogen peroxide alongside being friendly to nature, as it separates into water and oxygen after the reaction, the general hydrogen peroxide market will grow as far as income at a CAGR of over 5.5 % in the expected timeframe.
In terms of size, the paper and pulp industry is the largest hydrogen peroxide business segment, accounting for over 35 percent of the overall shares in 2019.
The chemical process is another important application segment of the market for hydrogen peroxide, which during the evaluation period will rise at a prominent CAGR of over 6.3 percent. Hydrogen peroxide is both an inexpensive and environmentally friendly oxidizing agent that has been used in the chemical industry in a variety of applications.
In 2019, Asia Pacific was led primarily by China and is expected to show the same pattern during the forecast timeline. With regards to income, Asia Pacific will hold a share of the overall industry in excess of 50% in 2026, with the most elevated development pace of 5.8 percent from 2020 to 2026.
The market analysis report on hydrogen peroxide provides an in-depth overview of the industry with projections & forecasts in terms of kilo tonnes volume & USD million revenue from 2016 to 2026, for the following segments:
- In terms of hydrogen peroxide applications: pulp and paper, water treatment, chemicals, mining, and others
- Asia Pacific, Latin America, and North America, Europe, the Middle East, and Africa in regional terms