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Hydrogen Peroxide Market: By Grade, By Type, By Application and By Region Forecast 2019-2030
Hydrogen Peroxide Market: By Grade, By Type, By Application and By Region Forecast 2019-2030
Hydrogen Peroxide Market size was valued at US$ 5,521.3 million in 2023 and is expected to reach a value of US$ 8,220.1 million by 2030, growing at a CAGR of 5.8% from 2024 to 2030. The global market provides a detailed overview of the market and that can be segmented by grade, type, and application. By grade, the market has been segmented into >35% and <35%. The >35% segment is likely to be the largest and fastest-growing segment in terms of grade. Based on type, the market is segmented into disinfectant and bleaching agent. Among these, the disinfectant segment is expected to have the fastest-growing market during the forecast period 2023-2029. Based on application, the market is segregated into pulp & paper, chemical synthesis, textile bleaching, water purification, home & personal care, and specialty applications. The pulp & paper segment is the fastest-growing segment in the market.
Study Period
2024-2030Base Year
2023CAGR
5.8%Largest Market
Asia-PacificFastest Growing Market
Asia-Pacific
Hydrogen peroxide, as well as mouth rinse, can be used to treat oral ulcers and inflammation. It is used to treat wounds and as a sterilizing agent for medical equipment in the healthcare industry. The paper and pulp industries rely heavily on hydrogen peroxide for bleaching. This chemical enhances the brightness and stability of the pulp, allowing it to be utilized in high-end display boards, magazines, and other products. Hydrogen peroxide is used in the cotton textile industry to speed up the removal of impurities and extract high-quality cotton for use in textiles. It is used as a bleaching agent in the food processing industry due to its high biodegradability.
By region, the Asia Pacific market is expected to witness the highest market share during the forecast period. This is due to the region's growing presence of chemical formulators, personal care products, and medical sectors. The growing demand for hydrogen peroxide in the paper and pulp sectors is propelling the Asia Pacific market forward. During the COVID-19 crisis, increased demand for hydrogen peroxide in the chemical sector is leading to revenue growth and lucrative business possibilities for hydrogen peroxide manufacturers.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 5,521.3 million |
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Market Size in 2030 |
US$ 8,220.1 million |
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Market CAGR |
5.8% |
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By Grade |
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By Type |
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By Application |
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By Region |
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The hydrogen peroxide market was valued at US$ 5,521.3 million in 2023 and is expected to reach a value of US$ 8,220.1 million by 2030, growing at a CAGR of 5.8% during the forecast period from 2024 to 2030
The major players in the global market are Aditya Birla Chemicals Limited, Arkema, BASF SE, Chang Chun Petrochemical, EkO Peroxide LLC (acquired by AkzoNobel), Evonik, FMC Corporation, Guangdong Zhongcheng Chemicals, Hansol Chemical, Inivos Ltd, Kemira Oyj, Kingboard Chemical Holdings Ltd, Merck, Mitsubishi Gas Chemical Company and Solvay.
Asia-Pacific is the fastest-growing region in the market
| 1. Executive Summary |
| 2. Global Hydrogen Peroxide Market Introduction |
| 2.1. Global Hydrogen Peroxide Market Taxonomy |
| 2.2. Global Hydrogen Peroxide Market Definitions |
| 2.2.1. By Grade |
| 2.2.2. By Type |
| 2.2.3. By Application |
| 2.2.4. By Region |
| 3. Global Hydrogen Peroxide Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Hydrogen Peroxide Market Dynamic Factors - Impact Analysis |
| 3.6. Global Hydrogen Peroxide Market Competition Landscape |
| 4. Global Hydrogen Peroxide Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Hydrogen Peroxide Market, By Grade, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.1. >35% |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. <35% |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 6. Global Hydrogen Peroxide Market, By Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.1. Disinfectant |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Bleaching Agent |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Others |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 7. Global Hydrogen Peroxide Market, By Application, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.1. Pulp & Paper |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Chemical Synthesis |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Textile Bleaching |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Water Purification |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Home & Personal Care |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Specialty Applications |
| 7.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.6.3. Market Opportunity Analysis |
| 8. Global Hydrogen Peroxide Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia-Pacific |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Latin America |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Middle East and Africa |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 8.6. Global Hydrogen Peroxide Market - Opportunity Analysis Index, By Grade, Type, Application, and Region, 2024 - 2030 |
| 9. North America Hydrogen Peroxide Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 9.1. Grade Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. >35% |
| 9.1.2. <35% |
| 9.2. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.2.1. Disinfectant |
| 9.2.2. Bleaching Agent |
| 9.2.3. Others |
| 9.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. Pulp & Paper |
| 9.3.2. Chemical Synthesis |
| 9.3.3. Textile Bleaching |
| 9.3.4. Water Purification |
| 9.3.5. Home & Personal Care |
| 9.3.6. Specialty Applications |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.4.1. USA |
| 9.4.2. Canada |
| 9.5. North America Hydrogen Peroxide Market - Opportunity Analysis Index, By Grade, Type, Application, and Country, 2024 - 2030 |
| 9.6. North America Hydrogen Peroxide Market Dynamics Trends |
| 10. Europe Hydrogen Peroxide Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 10.1. Grade Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. >35% |
| 10.1.2. <35% |
| 10.2. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.2.1. Disinfectant |
| 10.2.2. Bleaching Agent |
| 10.2.3. Others |
| 10.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. Pulp & Paper |
| 10.3.2. Chemical Synthesis |
| 10.3.3. Textile Bleaching |
| 10.3.4. Water Purification |
| 10.3.5. Home & Personal Care |
| 10.3.6. Specialty Applications |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.4.1. Germany |
| 10.4.2. UK |
| 10.4.3. France |
| 10.4.4. Spain |
| 10.4.5. Italy |
| 10.4.6. Russia |
| 10.4.7. Rest of Europe |
| 10.5. Europe Hydrogen Peroxide Market - Opportunity Analysis Index, By Grade, Type, Application, and Country, 2024 - 2030 |
| 10.6. Europe Hydrogen Peroxide Market Dynamics Trends |
| 11. Asia-Pacific Hydrogen Peroxide Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 11.1. Grade Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. >35% |
| 11.1.2. <35% |
| 11.2. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.2.1. Disinfectant |
| 11.2.2. Bleaching Agent |
| 11.2.3. Others |
| 11.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Pulp & Paper |
| 11.3.2. Chemical Synthesis |
| 11.3.3. Textile Bleaching |
| 11.3.4. Water Purification |
| 11.3.5. Home & Personal Care |
| 11.3.6. Specialty Applications |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.4.1. China |
| 11.4.2. India |
| 11.4.3. Japan |
| 11.4.4. ASEAN |
| 11.4.5. Australia & New Zealand |
| 11.4.6. Rest of Asia-Pacific |
| 11.5. Asia-Pacific Hydrogen Peroxide Market - Opportunity Analysis Index, By Grade, Type, Application, and Country, 2024 - 2030 |
| 11.6. Asia-Pacific Hydrogen Peroxide Market Dynamics Trends |
| 12. Latin America Hydrogen Peroxide Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 12.1. Grade Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. >35% |
| 12.1.2. <35% |
| 12.2. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.2.1. Disinfectant |
| 12.2.2. Bleaching Agent |
| 12.2.3. Others |
| 12.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Pulp & Paper |
| 12.3.2. Chemical Synthesis |
| 12.3.3. Textile Bleaching |
| 12.3.4. Water Purification |
| 12.3.5. Home & Personal Care |
| 12.3.6. Specialty Applications |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.4.1. Brazil |
| 12.4.2. Mexico |
| 12.4.3. Rest of Latin America |
| 12.5. Latin America Hydrogen Peroxide Market - Opportunity Analysis Index, By Grade, Type, Application, and Country, 2024 - 2030 |
| 12.6. Latin America Hydrogen Peroxide Market Dynamics Trends |
| 13. Middle East and Africa Hydrogen Peroxide Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 13.1. Grade Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1. >35% |
| 13.1.2. <35% |
| 13.2. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.2.1. Disinfectant |
| 13.2.2. Bleaching Agent |
| 13.2.3. Others |
| 13.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.3.1. Pulp & Paper |
| 13.3.2. Chemical Synthesis |
| 13.3.3. Textile Bleaching |
| 13.3.4. Water Purification |
| 13.3.5. Home & Personal Care |
| 13.3.6. Specialty Applications |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 13.4.1. Gulf Cooperation Council (GCC) Countries |
| 13.4.2. South Africa |
| 13.4.3. Rest of MEA |
| 13.5. MEA Hydrogen Peroxide Market - Opportunity Analysis Index, By Grade, Type, Application, and Country, 2024 - 2030 |
| 13.6. MEA Hydrogen Peroxide Market Dynamics Trends |
| 14. Competition Landscape |
| 14.1. Strategic Dashboard of Top Market Players |
| 14.2. Company Profiles (Introduction, Financial Analysis, Key Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 14.2.1. Aditya Birla Chemicals Limited |
| 14.2.2. Arkema |
| 14.2.3. BASF SE |
| 14.2.4. Chang Chun Petrochemical |
| 14.2.5. EkO Peroxide LLC (acquired by AkzoNobel) |
| 14.2.6. Evonik |
| 14.2.7. FMC Corporation |
| 14.2.8. Guangdong Zhongcheng Chemicals |
| 14.2.9. Hansol Chemical |
| 14.2.10. Inivos Ltd. |
| 14.2.11. Kemira Oyj |
| 14.2.12. Kingboard Chemical Holdings Ltd |
| 14.2.13. Merck |
| 14.2.14. Mitsubishi Gas Chemical Company |
| 14.2.15. Solvay |
| 15. Research Methodology |
| 16. Key Assumptions and Acronyms |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.