North America Hydrogen Peroxide for Disinfection and Sterilization Market Report (2021-2031) by Scope, Segmentation, Dynamics, and Competitive Analysis

The North America hydrogen peroxide market for disinfection and sterilization is projected to grow significantly, reaching approximately US$ 289.37 million by 2031, up from US$ 193.64 million in 2023, with a compound annual growth rate (CAGR) of 5.1% during this period.

Executive Summary and Market Analysis

Several key factors are propelling the growth of the hydrogen peroxide market in North America. The healthcare sector's robust expansion, increased water treatment initiatives, and a rising demand for cleaning and disinfecting products in both industrial and household settings are major contributors. In 2024, the White House announced that the Environmental Protection Agency (EPA) would allocate over US$ 3.2 billion through the Drinking Water State Revolving Fund to enhance access to clean drinking water in the U.S., bringing the total funding in this area to US$ 8.9 billion. Additionally, the Bipartisan Infrastructure Law has invested around US$ 31 billion in various drinking water projects, including upgrades to treatment plants and lead pipe replacements. This focus on water treatment is driving the demand for hydrogen peroxide, which is valued for its effective disinfection properties in drinking water due to its strong oxidative and biocidal capabilities.

Urbanization and modernization are also increasing the need for clean and sanitized environments. The heightened awareness of hygiene, particularly in densely populated urban areas, has led consumers to prioritize effective cleaning and disinfection practices to protect against illness. The COVID-19 pandemic further amplified this awareness, highlighting the importance of sanitation in residential, commercial, and industrial spaces, which has positively influenced the demand for hydrogen peroxide in North America.

Market Segmentation Analysis

The North America hydrogen peroxide market is segmented by application, which includes healthcare, food and beverage, water treatment, industrial cleaning, personal care, horticulture, livestock, and others. In 2023, the healthcare sector accounted for the largest market share.

Market Outlook

Hydrogen peroxide is commonly used in water treatment processes to control biological growth and disinfect drinking water. It is effective in preventing microbial growth in various water systems, including cooling towers. In the U.S., hydrogen peroxide is utilized for treating residential water supplies, groundwater, process water, and industrial wastewater. Under the Biocidal Products Regulation, it is approved as an active substance for biocidal products aimed at drinking water disinfection.

In February 2023, the U.S. government announced a US$ 5.8 billion investment to enhance potable water and wastewater infrastructure. According to a 2022 EPA report, approximately 128.7 billion liters of wastewater are processed daily in U.S. treatment plants, with 20% of households relying on septic systems for local wastewater management. Stringent regulations regarding water and wastewater management are driving the adoption of hydrogen peroxide in these processes. The EPA's National Pollutant Discharge Elimination System memorandum, issued in December 2022, allows states and municipalities to manage discharge permits, aiming to reduce PFAS discharges into water bodies, further boosting the demand for hydrogen peroxide in wastewater treatment.

Country Insights

The North America hydrogen peroxide market encompasses the U.S., Canada, and Mexico, with the U.S. holding the largest market share in 2023. The demand for hydrogen peroxide in the U.S. is fueled by various end-use industries, including healthcare, water treatment, food and beverage, and agriculture. The significant investment in water infrastructure is expected to enhance the demand for hydrogen peroxide for disinfection and sterilization purposes. The food and beverage sector, one of the largest in the U.S., relies on hydrogen peroxide for sanitizing surfaces and equipment in processing facilities, with approximately 41,080 such plants reported in 2021 by the U.S. Department of Commerce.

Company Profiles

Key players in the hydrogen peroxide market include Evonik Industries AG, Solvay SA, Arkema SA, Mitsubishi Gas Chemical Co Inc, Kemira Oyj, Nouryon Chemicals Holding BV, Stepan Co, Aditya Birla Chemicals India Ltd, Merck KGaA, Ecolab Inc, Taekwang Industrial Co Ltd, National Peroxide Limited, ROAM TECHNOLOGY NV, HANSOLCHEMICAL, OCI Ltd, and United Initiators GmbH. These companies are pursuing various strategies, including expansion, product innovation, and mergers and acquisitions, to enhance their market presence and offer innovative solutions to consumers.

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