A recent report published by Infinium Global Research on hydrogen peroxide market provides in-depth analysis of segments and sub-segments in global as well as regional hydrogen peroxide market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional hydrogen peroxide market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global hydrogen peroxide market. According to the report the global hydrogen peroxide market is projected to grow at a CAGR of 5% over the forecast period of 2018-2024.
Hydrogen peroxide is a chemical compound that has the simplest peroxide structure with strong oxidizing properties. Hydrogen peroxide is in the clear liquid form at room temperature and it slightly viscous than water. The physical properties of Hydrogen peroxide are very similar to water. Hydrogen peroxide has various properties including water miscible, high boiling point, oxidizing and so on so they are used in the various industries such as textile, paper, Cosmetics & Medicine, Food Processing, Electronics Industry, and others.
Rapidly growing demand for hydrogen peroxide from the paper and pulp industry for deinking of recycled paper and pulp bleaching is driving the growth of hydrogen peroxide market worldwide. In addition, the hydrogen peroxide is essentially used as a bleaching and oxidizing agent. Increasing application scope of hydrogen peroxide in various industries such as paper & pulp, personal care, pharmaceuticals, chemicals and cosmetics, agriculture, electronics others is likely to propel its growth worldwide. Moreover, the growing demand for hydrogen peroxide from the various end use industries is expected to create more opportunities in the hydrogen peroxide market in upcoming years.
Among the applications, the Paper and pulp industry account for the largest share in the hydrogen peroxide market. The usage of paper in the packaging and personal care is rising across all over the globe which further creates the demand for hydrogen peroxide. The rising demand for hydrogen peroxide is likely to boost the market growth over the forecast period.
Regionally, Asia-Pacific dominates the market of hydrogen peroxide owing to the presence of major paper and pulp, chemical, and other industries. The consumption and the production of hydrogen peroxide are growing rapidly due to the high demand for hydrogen peroxide in the Asia-Pacific region.
The report on global hydrogen peroxide market covers segments such as applications. On the basis of applications the global hydrogen peroxide market is categorized into chemical synthesis, paper and pulp, aseptic packaging, cosmetics & medicine, electronics industry, food processing, mining, textile industry, wastewater treatment, and others.
The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-Pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience growth at a CAGR of x.x% over the period of 2018-2024
The report provides profiles of the companies in the global hydrogen peroxide market such as Evonik Industries AG, Solvay S.A., National Peroxide Limited, Mitsubishi Gas Chemical Company, Arkema S.A., and Others.
The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global hydrogen peroxide market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of hydrogen peroxide market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the hydrogen peroxide market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the hydrogen peroxide market to understand the present and future trends in this market and formulate their strategies accordingly.