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Canada Hydrogen Peroxide Market Analysis Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End User Industries, Distribution Channel, Region-Wise Demand, Import & Export, 2015-2030
|Canada Hydrogen Peroxide Market Analysis Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End User Industries, Distribution Channel, Region-Wise Demand, Import & Export, 2015-2030|
Published: annual subscription
The hydrogen Peroxide market in Canada stood at 41.75 Thousand Tonnes in 2020 and is forecast to reach 55.83 Thousand Tonnes by 2030, growing at a healthy CAGR of 2.73% until 2030. Being a strong oxidizing and bleaching agent with no associated harmful emissions, Hydrogen peroxide finds important usage across a variety of downstream sectors. The pulp and paper industry holds almost 45% of the country's overall Hydrogen Peroxide demand. Moreover, increasing consumption across the electronic and semiconductor sector and growing textile applications would propel the market growth in the period of forecast. Due to the outbreak of COVID-19 in 2020, the world economy was disrupted. The market was affected drastically, and production and manufacturing units were shut down. Furthermore, the major market players intentionally halted the production keeping their employee's health and wellness in mind. With imposed new regulations of the COVID-19 and proper precautions, the market is anticipated to regain its growth in the years to come. The pandemic is slowly being subsided and the effects are tried to be overcome by various methods. Once the market regains the full function of its production unit, the market is bound to show robust growth in the forecast period. Hydrogen peroxide has extended uses in the healthcare industry since it is in demand as an antiseptic that's traditionally utilized on skin cuts and bruises to prevent infections. With the COVID-19 infection in action, the demand for hydrogen peroxide increased and is anticipated to drive the market further in the forecast years.
Under this subscription, you would be able to access Canada Hydrogen Peroxide market demand and supply analysis on a cloud-based platform for one year. The data is updated on a near real-time basis to add any new movement in the industry including but not limited to new plant announcements, plant shutdowns, temporary disruptions in demand or supply, news and deals, and much more specific to Hydrogen Peroxide.
Years Considered for Analysis:
Historical Years: 2015 - 2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022 - 2030
This report will be delivered on an online digital platform with a one-year subscription and quarterly update.
To extract data for the Canada Hydrogen Peroxide market, the ChemAnalyst team conducts primary research surveys with Hydrogen Peroxide manufacturers, suppliers, distributors, wholesalers, and customers followed by exhaustive secondary research to cross-validate the information being collected through primary research surveys.