PUBLISHER: ChemAnalyst | PRODUCT CODE: 963720
PUBLISHER: ChemAnalyst | PRODUCT CODE: 963720
Global Hydrogen Peroxide market stood at 4.6 Million Tonnes in 2020 and is forecast to reach 6.92 Million by 2030, growing at a CAGR of 4.22% until 2030. The paper and Pulp industry accounted for the highest market share owing to the application of hydrogen peroxide as a strong bleaching agent and also used for recycling applications. Paper consumption has been increasing steadily over the last few years and Hydrogen Peroxide, being an environment-friendly emission-free product finds wide application in the paper processing and waste treatment industry. The COVID-19 outbreak across the world which has been declared as a pandemic by World Health Organization, has affected several countries adversely. Leading authorities around the globe imposed lockdown restrictions and released a set of precautionary measures to contain the spread of novel coronavirus. Manufacturing units were temporarily shut down, and disruption in the supply chain was observed which affected the chemical and material industry unfavorably. Hydrogen Peroxide is a key ingredient in hand sanitizers whose demand has increased manifolds globally. Even at low concentrations, Hydrogen Peroxide acts as an effective antibacterial agent, therefore find diverse applications in healthcare and cosmetics industries such as wound disinfectant, sterilization of medical equipment, and also can be used as a mouth wash.
Asia-Pacific is expected to account for the major share in the Hydrogen Peroxide market, and this trend is likely to continue throughout the forecast period. APAC region is the epicenter for paper consumption, textile production, healthcare, and personal care, etc., owing to the presence of the huge population and to satisfy the growing needs. North America and Europe also held significant volume for the product, and this opportunity has been well capitalized by players such as Solvay S.A., Evonik Industries SA, The Dow Chemical Company, etc., who have gone for acquisitions and newer models of partnerships to develop its process technologies. As of February 2020, Evonik has also successfully acquired PeroxyChem LLC to gain a strong foothold in the Hydrogen Peroxide business. These drivers paint a strong demand for Hydrogen Peroxide during the forecast period, 2022-2030.
Years Considered for this Report:
Historical Years: 2015 - 2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022 - 2030
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Objective of the Study:
The primary objective of the study was to evaluate and forecast Hydrogen Peroxide capacity, production, demand and demand - supply gap globally.
To categorize Hydrogen Peroxide demand based on concentration, grade, end-use, sales channel and region.
To study company shares in Global Hydrogen Peroxide market.
To identify major customers of Hydrogen Peroxide globally.
To evaluate and forecast Hydrogen Peroxide pricing in Global Hydrogen Peroxide market.
To identify and profile major companies operating in the Global Hydrogen Peroxide market.
To identify major news, deals and expansion plans in the Global Hydrogen Peroxide market.
Evonik Industries AG, Solvay S.A., Arkema S.A., FMC Corporation, Mitsubishi Gas Chemical Company, Santoku Chemical Industries Co., Ltd., Nouryon, Kemira Oyj, Hansol Chemical Co. Ltd., Chang Chun Petrochemical Co., Ltd, OCI COMPANY Ltd. etc., are some of the leading players operating in the Global Hydrogen Peroxide market.
To extract data for the Global Hydrogen Peroxide market, primary research surveys were conducted with Hydrogen Peroxide manufacturers, suppliers, distributors, wholesalers and end-users. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various end-user segments and projected a positive outlook for the Global Hydrogen Peroxide market over the coming years.
ChemAnalyst calculated Hydrogen Peroxide global demand by analyzing the historical data and demand forecast was carried out considering Hydrogen prices. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
Hydrogen Peroxide manufacturers and other stakeholders
Organizations, forums and alliances related to Hydrogen Peroxide distribution
Government bodies such as regulating authorities and policymakers
Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as Hydrogen Peroxide manufacturers, distributors, importers and end-users. The report also provides useful insights about which market segments should be targeted over the coming years to strategize investments and capitalize on growth opportunities.
In this report, the Global Hydrogen Peroxide market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Market, by Concentration - 30%, 35%, 50%, 60%, 100%, Others
Market, by Grade - Standard, Specialty
Market, by End-Use - Paper & Pulp, Textiles, Water & Wastewater Treatment, Chemical Manufacturing, Electronics & Semiconductors, Food Processing, Pharmaceutical, Others
Market, by Sales Channel - Direct/Institutional Sales, Indirect Sales
Market, by Region - APAC, North America, Europe, South America, MEA
With the given market data, ChemAnalyst offers customizations according to a company's specific needs.
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