Hydrogen Peroxide Market the Most In-Demand Products Across the World and Global Forecast till 2028 | Reports and data
The Global Hydrogen Peroxide market is forecast to reach USD 6.41 Billion by 2028, according to a new report by Reports and Data. One of the primary factors supporting the growth of the market is the expansion of the e-commerce, food & beverage, and pharmaceutical sectors that is resulting in boosting the demand for pulp & paper for packaging. The rising awareness about the impact of undertreated disposed waste on the environment has resulted in the elevated deployment of the compound in water purification. The continuous effort of governments of various nations in this region, like India, on enhancing public hygiene by developing different programs like Swachh Bharat Abhiyan also supports the expansion of the market in this region. The formulation of pragmas like the Namami Gange Programme, wherein the emphasis is on rejuvenating the National River Ganga, also paves new arenas of application for the compound in this region, which would further contribute to the market growth in this region.
The COVID-19 Impact: The compound has confirmed high efficiency against bacteria, bacterial spores, and viruses, which has resulted in its increased preference for sanitization purposes. The approval for the use of the compound for disinfecting purposes by regulatory bodies like EPA, which has approved the use of hydrogen peroxide (0.5%) as a disinfectant, also acts as a propelling factor for the expansion of the market. The outbreak has also resulted in panic buying of disinfecting products, which has resulted in an increased burden on the market players to increase their production capacities. In order to restrain the community transmission of the virus, the emphasis has been given on sanitization and sterilization of large areas. Herein, the compound finds application as a vapor for room sanitization, i.e., (VHP).
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Top Companies Operating in the Global Hydrogen Peroxide Market:
BASF SE, Arkema Group, Dow, Chang Chun Group, Grasim, Evonik Industries AG, Gujarat Alkali and Chemicals Ltd, Guangdong ZhongCheng Chemicals Co. Ltd, Kemira Oyj and Hodogaya Chemical Co. Ltd.
Table of Content
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.4. Market Estimation Technology
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Hydrogen Peroxide Market Segmentation & Impact Analysis
4.1. Hydrogen Peroxide Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
22.214.171.124. The increasing use of hydrogen peroxide as raw material for propylene oxide production
126.96.36.199. The elevating emphasis on disinfecting amidst the COVID-19 outbreak
188.8.131.52. The increasing demand for hydrogen peroxide in the semiconductor sector
184.108.40.206. The growing demand for wastewater treatment
4.2.3. Market restraints analysis
220.127.116.11. Stringent government regulations associated with manufacturing and usage of Hydrogen Peroxide
18.104.22.168. Health hazard related to long-term exposure to hydrogen peroxide
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
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Hydrogen Peroxide Market Segmentation
Dilution Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)
- 90% H2O2
- 35% H2O2
- 6 to 10% H2O2
- 3% H2O2
Application Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)
End-user Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)
- Pulp & Paper
- Wastewater Treatment
- Chemical Synthesis
- Food & Beverage
- Cosmetics & Healthcare
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Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of the Middle East & Africa)
Frequently Asked Questions Addressed in the Report:
- What is the estimated market revenue growth over the forecast period?
- What are the major factors driving the global Hydrogen Peroxide market revenue growth?
- Which regional market is expected to account for the largest revenue share in the global Hydrogen Peroxide markets over the forecast years?
- Which are the leading players in the global Hydrogen Peroxide market?
- What are the key outcomes of SWOT analysis and Porter’s Five Forces analysis of the market?
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