Market Research Report
Global Hydrogen Peroxide Market: Plant Capacity, Production, Demand & Supply, Concentration, Grade, End Use, Sales Channel, Competition, Trade, Customer & Price Intelligence Market Analysis, 2030
|Published by||ChemAnalyst||Product code||933545|
|Published||Content info||150 Pages
Delivery time: 1-2 business days
|Global Hydrogen Peroxide Market: Plant Capacity, Production, Demand & Supply, Concentration, Grade, End Use, Sales Channel, Competition, Trade, Customer & Price Intelligence Market Analysis, 2030|
|Published: April 1, 2020||Content info: 150 Pages||
Demand for Hydrogen Peroxide firmed up during 2013-2019 and the demand is likely to grow at a CAGR of 5.1% during the forecast period. Paper and Pulp industry accounted for the highest market share owing to the application of hydrogen peroxide as a strong bleaching agent and 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 paper processing and waste treatment in the industry. Other major applications of the product contributing to the impressive CAGR of the product include an all-time increase in demand for disinfectants as a result of COVID-19 pandemic. 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 finding wide application in healthcare and cosmetics industries. In healthcare industry, the product is used extensively as a wound disinfectant, sterilization of medical equipment and as a decontaminant.
Asia-Pacific region has been the hotspot for Hydrogen Peroxide demand during the years considered in the report and this trend is likely to continue through the forecast period. APAC region has been the primary center for paper consumption, textile production, healthcare and personal care etc., owing to the huge population base providing access to a larger market. North America and Europe were not too far behind in generating volume demand 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, 2021-2030.
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 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 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.
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:
With the given market data, ChemAnalyst offers customizations according to a company's specific needs.