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Hydrogen Peroxide Market Size - Segmented by Product Function, End-user Industry, and Geography - Growth, Trends, and Forecast (2018 - 2023)

Hydrogen Peroxide Market Size - Segmented by Product Function, End-user Industry, and Geography - Growth, Trends, and Forecast (2018 - 2023)

The global hydrogen peroxide market is evaluated to exhibit a CAGR of 2.87% during the forecast period, 2018-2023. Asia-Pacific is expected to own the largest share of the market among other regions during the forecast period, supported by the growing demand from pulp & paper, textile, and chemical industries. One of the major factors driving the growth of the market studied is the increasing demand from the paper and pulp industry. Increasing paper production in Asia-Pacific is expected to drive the market studied. In addition, the increasing consumption of hydrogen peroxide as a raw material for propylene oxide production is also expected to drive the market studied.

Increasing Demand from Pulp & Paper Industry

In recent decades, the demand for hydrogen peroxide in the paper & pulp industry has significantly increased. The increased demand is because of improved paper quality and increased yield of wood mass. In addition, hydrogen peroxide is used, in environment friendly bleach products, to remove chlorine compounds through bleaching processes. Countries, such as China, United States, India, etc., are the key leading pulp and paper producing countries, and the global production of paper & pulp is increasing constantly at a slower pace.

Bleaching Product Function to Dominate the Market

Hydrogen peroxide is, both, a strong reducing and oxidizing agent. It is used in the bleaching of chemical, mechanical and recycled pulp. Hydrogen peroxide, in its liquid form, is widely known for its cleaning and bleaching properties. The strong oxidizing nature of hydrogen peroxide has made it widely useful as a bleaching agent in various markets, including textile, paper & pulp, cosmetics, etc. It is also used for coloring fabrics, both natural, as well as synthetic (such as cotton, wool, silk, linen, rayon, etc.), as it helps in improving the consistency of dye transfer to the fabric and clothes. Moreover, animal fiber can only be bleached by peroxide, which helps provide a high and stable degree of whiteness.

Asia-Pacific to Lead the Market

Asia-Pacific is to hold the considerable share of the market with the increasing consumption of hydrogen peroxide on large scale. China is the largest pulp and paper producing nation in the world, as a result of its large forest reserves (22.5% of the land area). The industry is modern and highly mechanized, and the labor is inexpensive. China is a hub for chemical processing, accounting for a major chunk of the chemicals produced, globally. The Indian paper industry has become more promising, as the domestic demand is on the rise. Increasing population, literacy rate, and improvements in the manufacturing sector are expected to augment the growth in the Indian paper industry. The focus of the paper industry is currently shifting toward more eco-friendly products and technologies. With the increasing demand for various chemicals globally, the demand for hydrogen peroxide from this sector is projected to grow during the forecast period.

Key Developments in the Market

- June 2017- Clorox Healthcare announced important enhancements in its leading hydrogen peroxide healthcare disinfectants, in line with the growing concerns in healthcare, by EPA.

Major Players -Evonik Industries AG, Mitsubishi Gas Chemical Company Inc., Arkema Group, Kemira Oyj, Eko Peroxide LLC (AkzoNobel NV), National Peroxide Ltd, and Guangdong ZhongCheng Chemicals Inc. Ltd, among others.

Reasons to Purchase the Report

- Identify the current and future prospects of the hydrogen peroxide market in the developed and emerging markets
- Analyze various perspectives of the market with the help of Porter’s five forces analysis
- Information about the growth of the various segments that are expected to dominate the market
- Identify the latest developments, market shares, and strategies employed by the major market players
- 3 months analyst support, along with the Market Estimate sheet (in Excel)

Customization of the Report

- This report can be customized to meet your requirements. Please connect with our representative, who will ensure you to get a report that suits your needs


1. Introduction
1.1 Scope of the Report
1.2 Study Deliverables
1.3 Research Phases
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness - Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
3.3 Technological Snapshot
3.3.1 Production Process
3.3.2 Technology Licensing and Patent Analysis
3.4 Trade Analysis
3.5 Price Index
3.6 Supply Scenario
3.7 Upcoming Projects
3.8 Regulatory Policies
4. Market Dynamics
4.1 Drivers
4.1.1 Growing Demand from the Paper & Pulp Industry
4.1.2 Increasing Consumption of Hydrogen Peroxide as Raw Material for Propylene Oxide Production (HPPO Process)
4.1.3 Environmental Laws and Regulations Favoring Hydrogen Peroxide over Other Disinfectants
4.2 Restraints
4.2.1 Health Hazards Associated with Long-term Exposure of Hydrogen Peroxide
4.3 Opportunities
4.3.1 Eco-friendly Alternative to Chlorine for Wastewater Treatment
4.3.2 Growth of the Electronic Industry in Developing Asian Countries
5. Market Segmentation and Analysis
5.1 By Product Function
5.1.1 Disinfectant
5.1.2 Bleaching
5.1.3 Propulsion
5.1.4 Oxidant
5.1.5 Others
5.2 By End User
5.2.1 Pulp & Paper
5.2.2 Chemical Synthesis
5.2.3 Wastewater Treatment
5.2.4 Mining
5.2.5 Food and Beverage
5.2.6 Cosmetics and Healthcare
5.2.7 Textiles
5.2.8 Electronics and Semiconductors
5.2.9 Other End-user Industries
6. Regional Market Analysis- (Market size, Growth, and Forecast)
6.1 Asia-Pacific
6.1.1 China
6.1.2 India
6.1.3 Japan
6.1.4 South Korea
6.1.5 ASEAN Countries
6.1.6 Taiwan
6.1.7 Rest of Asia-Pacific
6.2 North America
6.2.1 United States
6.2.2 Canada
6.2.3 Mexico
6.2.4 Rest of North America
6.3 Europe
6.3.1 Germany
6.3.2 United Kingdom
6.3.3 Italy
6.3.4 France
6.3.5 Nordic Countries
6.3.5 Rest of Europe
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 Saudi Arabia
6.5.2 South Africa
6.5.3 Rest of Middle East & Africa
7. Future of the Market
8. Competitive Landscape
8.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
8.2 Market Share Analysis
8.3 Strategies Adopted by Leading Players
9. Company Profiles (Overview, Products & Services, Financials**, and Recent Developments)
9.1 Aditya Birla Chemicals (India) Ltd
9.2 Arkema Group
9.3 BASF SE
9.4 Chang Chun Group
9.5 DowDuPont
9.6 EkO Peroxide LLC (AkzoNobel NV)
9.7 Evonik Industries AG
9.8 Guangdong ZhongCheng Chemicals Inc. Ltd
9.9 Gujarat Alkali and Chemicals Ltd
9.10 Hodogaya Chemical Co. Ltd
9.11 Kemira Oyj
9.12 Kingboard Chemical Holdings Ltd
9.13 Merck KGaA
9.14 Mitsubishi Gas Chemical Company Inc.
9.15 National Peroxide Ltd
9.16 PeroxyChem
9.17 Qingdao LaSheng Co. Ltd
9.18 Solvay
*List Not Exhaustive
10. Disclaimer
**Subject to availability on public domain

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