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Hydrogen Peroxide Market by End-User (Paper and Pulp, Chemical, Wastewater Treatment, Mining and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2021 – 2028

Published Date: 02-Aug-2021 Category: Chemical & Materials Report Format : PDF Pages: 150 Report Code: ZMR-124 Status : Published

The Global Hydrogen peroxide market accounted for USD 3.0 Billion in 2020 and is expected to reach USD 4.8 Billion by 2028, growing at a CAGR of around 5.1% between 2021 and 2028.

Description

Market Overview     

The Global Hydrogen peroxide market accounted for USD 3.0 Billion in 2020 and is expected to reach USD 4.8 Billion by 2028, growing at a CAGR of around 5.1% between 2021 and 2028.    

Hydrogen peroxide is a chemical compound composed of hydrogen and water. It acts as a mild antiseptic used on the skin to prevent infection of minor cuts, burns, and scrapes. In addition, it is used for the manufacture of mouth irritation relievers. Key players across hydrogen peroxide market are focusing aggressively on innovation, as well as on including advanced technologies in their existing products. Over the coming years, they are also expected to take up partnerships and mergers and acquisitions as their key strategy for business development, states the market study.

In a major breakthrough witnessed across hydrogen peroxide market, in August 2018, researchers at MIT have created an innovative hydrogen peroxide sensing molecule that will help them see the interior parts of the cancer cells and then determine the effective drug therapy to combat cancer. 

COVID-19 Impact Analysis

The global hydrogen peroxide market has witnessed a significant growth in demand from the hospitals fighting the spread of COVID-19. According to the several researches, oxidizing disinfectants such as hydrogen peroxide are mainly effective against coronaviruses. Hence, it is regularly being used to disinfect medical equipment. In addition to this, a growing number of companies are increasing the use of hydrogen peroxide for disinfecting personal protective equipment for hospitals facing shortage.

The significant increase in the global hydrogen peroxide market size in 2020 is estimated on the basis of the COVID-19 outbreak. Various scenarios have been analyzed on the basis of inputs from various secondary sources and the current data available about the situation.

Growth Factors

Massive product penetration across paper & pulp, textiles, mining, pharmaceutical, medical, and personal care sectors is anticipated to expand the scope of hydrogen peroxide market over the coming years. Apart from this, extensive use of the product as a bleacher, cleaning agent, oxidizer, and sanitizer in myriad industries will substantially contribute towards the hydrogen peroxide market revenue in the years ahead. Furthermore, large-scale application of hydrogen peroxide in food packaging, furnishing, food packaging, and water treatment will further impel the hydrogen peroxide market space.

Oscillations in the costs of raw materials, however, are likely to impede the expansion of hydrogen peroxide market over the years to come. Nevertheless, the widespread product use in the developing countries, including China, Brazil, and India will generate lucrative opportunities for the business over a couple of years, normalizing the impact of hindrances on the hydrogen peroxide market, reports the study.

Report Scope:

End-User Segment Analysis Preview  

Paper and Pulp industry has the largest market share in the hydrogen peroxide market and is expected to remain dominant throughout the forecast period. This is attributed to the upsurge in usage of hydrogen peroxide as a versatile bleaching agent in chemical pulp, mechanical pulp bleaching sequences, and in paper recycling with printed ink removal.

Regional Analysis Preview

Regionally, Asia Pacific has been leading the worldwide hydrogen peroxide market and is anticipated to continue on the dominant position in the years to come, states the market study. For the record, Asia Pacific contributed nearly 50% towards overall hydrogen peroxide market size in 2020. Rise in the paper & pulp production across the densely populated regions such as China and India is anticipated to favorably impact the hydrogen peroxide market in APAC over the next few years.

The high number of market players being headquartered in North America is another significant factor that is supporting this regional market. The growing requirement of hydrogen peroxide in packaging materials and recycled paper will leverage the hydrogen peroxide market  profitability over the years to come.   

Key Market Players & Competitive Landscape

Major market players of hydrogen peroxide market comprise Arkema S.A., Evonik Industries AG, Solvay S.A., Akzo Nobel N.V., Kemira Oyj, Mitsubishi Gas Chemical Company, Inc., PeroxyChem LLC, Aditya Birla Chemicals Limited, Gujarat Alkalies and Chemicals Ltd (GACL), and Kingboard Chemical Holdings Ltd. among others play an important role.

The global Hydrogen peroxide Market is segmented as follows:

By End-User

  • Paper and Pulp
  • Chemical
  • Wastewater Treatment
  • Mining
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter No. 1: Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2: Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By End-User
        • 2.1.1.2. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Hydrogen peroxide Market, 2016 – 2028 (USD Billion)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3: COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4: Hydrogen peroxide Market – End-User Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By End-User, 2020 & 2028
    • 4.2. Paper and Pulp
      • 4.2.1. Market Size and Forecast, By Region (USD Billion)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Chemical
      • 4.3.1. Market Size and Forecast, By Region (USD Billion)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.4. Wastewater Treatment
      • 4.4.1. Market Size and Forecast, By Region (USD Billion)
      • 4.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.5. Mining
      • 4.5.1. Market Size and Forecast, By Region (USD Billion)
      • 4.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.5.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.6 Others
      • 4.6.1. Market Size and Forecast, By Region (USD Billion)
      • 4.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.6.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.1. Overview
      • 5.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 5.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Billion)
    • 5.2. North America
      • 5.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 5.2.2. North America Market Revenue, By End-User, 2016 – 2028
      • 5.2.5. U.S.
        • 5.2.5.1. U.S. Market Revenue, By End-User, 2016 – 2028
      • 5.2.6. Canada
        • 5.2.6.1. Canada Market Revenue, By End-User, 2016 – 2028
      • 5.2.7. Mexico
        • 5.2.7.1. Mexico Market Revenue, By End-User, 2016 – 2028
    • 5.3. Europe
      • 5.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 5.3.2. Europe Market Revenue, By End-User, 2016 – 2028
      • 5.3.5. Germany
        • 5.3.5.1. Germany Market Revenue, By End-User, 2016 – 2028
      • 5.3.6. France
        • 5.3.6.1. France Market Revenue, By End-User, 2016 – 2028
      • 5.3.7. U.K.
        • 5.3.7.1. U.K. Market Revenue, By End-User, 2016 – 2028
      • 5.3.8. Italy
        • 5.3.8.1. Italy Market Revenue, By End-User, 2016 – 2028
      • 5.3.9. Spain
        • 5.3.9.1. Spain Market Revenue, By End-User, 2016 – 2028
      • 5.3.10. Rest of Europe
        • 5.3.10.1. Rest of Europe Market Revenue, By End-User, 2016 – 2028
    • 5.4. Asia Pacific
      • 5.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 5.4.2. Asia Pacific Market Revenue, By End-User, 2016 – 2028
      • 5.4.5. China
        • 5.4.5.1. China Market Revenue, By End-User, 2016 – 2028
      • 5.4.6. Japan
        • 5.4.6.1. Japan Market Revenue, By End-User, 2016 – 2028
      • 5.4.7. India
        • 5.4.7.1. India Market Revenue, By End-User, 2016 – 2028
      • 5.4.8. South Korea
        • 5.4.8.1. South Korea Market Revenue, By End-User, 2016 – 2028
      • 5.4.9. South-East Asia
        • 5.4.9.1. South-East Asia Market Revenue, By End-User, 2016 – 2028
      • 5.4.10. Rest of Asia Pacific
        • 5.4.10.1. Rest of Asia Pacific Market Revenue, By End-User, 2016 – 2028
    • 5.5. Latin America
      • 5.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 5.5.2. Latin America Market Revenue, By End-User, 2016 – 2028
      • 5.5.5. Brazil
        • 5.5.5.1. Brazil Market Revenue, By End-User, 2016 – 2028
      • 5.5.6. Argentina
        • 5.5.6.1. Argentina Market Revenue, By End-User, 2016 – 2028
      • 5.5.7. Rest of Latin America
        • 5.5.7.2. Rest of Latin America Market Revenue, By End-User, 2016 – 20285
    • 5.6. The Middle-East and Africa
      • 5.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 5.6.2. The Middle-East and Africa Market Revenue, By End-User, 2016 – 2028
      • 5.6.5. GCC Countries
        • 5.6.5.1. GCC Countries Market Revenue, By End-User, 2016 – 2028
      • 5.6.6. South Africa
        • 5.6.6.1. South Africa Market Revenue, By End-User, 2016 – 2028
      • 5.6.7. Rest of Middle-East Africa
        • 5.6.7.1. Rest of Middle-East Africa Market Revenue, By End-User, 2016 – 2028
  • Chapter No. 6: Hydrogen peroxide Market – Industry Analysis
    • 6.1. Introduction
    • 6.2. Market Drivers
      • 6.2.1. Driving Factor 1 Analysis
      • 6.2.2. Driving Factor 2 Analysis
    • 6.3. Market Restraints
      • 6.3.1. Restraining Factor Analysis
    • 6.4. Market Opportunities
      • 6.4.1. Market Opportunity Analysis
    • 6.5. Porter’s Five Forces Analysis
    • 6.6. PEST Analysis
    • 6.7. Regulatory Landscape
    • 6.8. Technulogy Landscape
    • 6.9. Regional Market Trends
      • 6.9.1. North America
      • 6.9.2. Europe
      • 6.9.3. Asia Pacific
      • 6.9.4. Latin America
      • 6.9.5. The Middle-East and Africa
    • 6.10. Pricing Analysis
    • 6.11. Value Chain Analysis
    • 6.12. Downstream Buyers
    • 6.13. Distributors/Traders List
  • Chapter No. 7: Competitive Landscape
    • 7.1. Company Market Share Analysis – 2019
      • 7.1.1. Global Hydrogen peroxide Market: Company Market Share, 2019
      • 7.1.2. Global Hydrogen peroxide Market, Company Market Revenue, 2016 – 2019 (USD Billion)
      • 7.1.3. Global Hydrogen peroxide Market, Company Y-o-Y Growth, 2017 – 2028 (%)
      • 7.1.4. Global Hydrogen peroxide Market: Radar Determinant Chart, 2019
    • 7.2. Strategic Developments
      • 7.2.1. Acquisitions & Mergers
      • 7.2.2. New Product Launch
      • 7.2.3. Regional Expansion
    • 7.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 8: Company Profiles
    • 8.1. Arkema S.A.
      • 8.1.1. Company Overview
      • 8.1.2. Key Executives
      • 8.1.3. Product Portfulio
      • 8.1.4. Financial Overview
      • 8.1.5. Operating Business Segments
      • 8.1.6. Business Performance
      • 8.1.7. Recent Developments
    • 8.2. Evonik Industries AG
    • 8.3. Sulvay S.A.
    • 8.4. Akzo Nobel N.V.
    • 8.5. Kemira Oyj
    • 8.6. Mitsubishi Gas Chemical Company, Inc.
    • 8.7. PeroxyChem LLC
    • 8.8. Aditya Birla Chemicals Limited
    • 8.9. Gujarat Alkalies and Chemicals Ltd (GACL)
    • 8.10. Kingboard Chemical Huldings Ltd.
  • Chapter No. 9: Marketing Strategy Analysis
    • 9.1. Marketing Channel
    • 9.2. Direct Marketing
    • 9.3. Indirect Marketing
    • 9.4. Marketing Channel Development Trends
    • 9.5. Economic/Pulitical Environmental Change
  • Chapter No. 10: Research Methodulogy
    • 10.1. Research Methodulogy
    • 10.2. Phase I - Secondary Research
    • 10.3. Phase II - Data Modeling
      • 10.3.1. Company Share Analysis Model
      • 10.3.2. Revenue Based Modeling
    • 10.4. Phase III - Primary Research
    • 10.5. Research Limitations
      • 10.5.1. Assumptions

Methodology

This report is based on in-depth qualitative and quantitative analyses of the global Hydrogen Peroxide market. Zion Research has collected and analyzed key data belong to the global Hydrogen Peroxide market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.

The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined afterconducting a detailed study of the micro and macroeconomic indicators of the market.

Various parameters have been taken into account, while estimating market size. The revenue generated by the leading industry participants in from the sales of Hydrogen Peroxide across the world has been calculated through primary and secondary research.

Zion Research employs combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include, STATISTA, trade journals, trade associations, statistical data from government websites, etc. 

For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assistedin validation of findings from secondary research and to understand key trends in the Hydrogen Peroxide industry. Primary research makes up major source of data collection and validation.   

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

Participants who typically participate in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases and market reports

News articles, press releases and webcasts specific to companies operating in the market

Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Hydrogen Peroxide market.

Models

Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split by segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.

Free Analysis

Hydrogen peroxide is a week acid. It is more viscous than water. It shows strong oxidizing nature and it is used as bleaching agent, cleaning agent and as an oxidizer. It is high combustible when it comes in contact with organic substances. It is used as solvent, intermediate in chemical industry. Moreover, the major application industries of hydrogen peroxide include electrical and electronic, food packaging, water treatment, personal care, laundry and dishwashing, cleaning and furnishing care, paper & pulp.

Growing pulp and paper industry across the globe is a major driving factor of hydrogen peroxide market. Moreover, rising penetration for recycled paper due to strong regulations imposed by the regulatory bodies is projected to increase in demand for hydrogen peroxide in the near future. However, instability in price trend of raw material may slow down the growth of the market. Furthermore, the emerging trends in developed countries such as China, India and Brazil may provide new avenues to the major market’s player over the future years.

Global Hydrogen Peroxide Market

Based on applications, the global hydrogen peroxide market is bifurcated into textile, paper and pulp, waste water treatment, chemical and others. Paper & pulp led the market of hydrogen peroxide in 2016. Water treatment segment was second largest application of the global hydrogen peroxide market in the same year. Growing water and sewage treatment projects across the world is likely to provide significant growth to the market in the next few years. Textile is also predicted to witness the moderate growth within the forecast period owing to the rising population along with changing lifestyle of the people.

Asia Pacific was the dominating market of hydrogen peroxide in 2016. China was the major contributor of the market in the region. Surging demand for hydrogen peroxide in packaging industry is likely to bolster the market growth in the region over the years to come. Asia Pacific was followed by Europe and North America in the same year. The stringent rules and regulations are expected to boost the demand for bio-based material in Europe and North America over the years to come. Moreover, Latin America and Middle East & Africa regions are considered to grow at moderate pace during the forthcoming years.

Some of the major players of the global hydrogen peroxide market include Arkema SA, Kemira, BASF SE, Akzo Nobel, Solvay, Aditya Birla Chemicals, Ecolab, Merck Group, Evonik Industries AG, National Peroxide Limited, Mitsubishi Gas Chemical Company, Inc., and The Dow Chemical Company among years.


Frequently Asked Questions

The global Hydrogen peroxide Market was valued at USD 3.0 billion in 2020.

The global Hydrogen peroxide Market is expected to reach USD  4.8 billion by 2028, growing at a CAGR of 5.1% between 2021 to 2028.

Some of the key factors driving the global Hydrogen peroxide Market growth are the extensive use of the product as a bleacher, cleaning agent, oxidizer, and sanitizer in myriad industries; and massive product penetration across paper & pulp, textiles, mining, pharmaceutical, medical, and personal care sectors.

Asia Pacific has been leading the worldwide hydrogen peroxide market and is anticipated to continue on the dominant position in the years to come, states the market study.

Some of the major companies operating in Hydrogen peroxide Market are Arkema S.A., Evonik Industries AG, Solvay S.A., Akzo Nobel N.V., Kemira Oyj, Mitsubishi Gas Chemical Company, Inc., PeroxyChem LLC, Aditya Birla Chemicals Limited, Gujarat Alkalies and Chemicals Ltd (GACL), and Kingboard Chemical Holdings Ltd.

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