Analysts’ Viewpoint on Hydrogen Peroxide Market Scenario
The market is booming after the threatening pandemic. The market is expected to witness potential growth and success at the global level due to rising application in the paper & pulp industry. In addition, the growing application of hydrogen peroxide in various end-use industries such as chemical, mining, and wastewater treatment due to their eco-friendly nature is creating business opportunities for the market players. In order to take potential measures to increase production, researchers and stakeholders in this market should join forces to fulfill the demand from consumers. However, health hazards and safety concerns associated with hydrogen peroxide are likely to hamper the growth of the global market. The high amount of concentrated hydrogen peroxide, when it comes in contact with skin and eyes, can cause skin irritation, eye burns, redness, etc. Manufacturing companies must try to increase efforts to overcome challenges in this market.
Hydrogen peroxide is known to be an unstable compound in the presence of a catalyst. It is typically stored with a stabilizer in a weakly acidic solution. Hydrogen peroxide can be formed in the body of mammals at the time of reduction of oxygen directly in a two-electron transfer reaction. Hydrogen peroxide is a combination of oxygen and hydrogen and is widely used across various end-use industries. The use of hydrogen peroxide is also used as a bleaching and oxidizing agent in the paper & pulp industry due to its efficient bleaching properties.
The hydrogen peroxide compound is suitable for various applications due to its unique properties. Hydrogen peroxide possesses antiseptic properties; hence, it can be widely used in the healthcare industry. Hydrogen peroxide is also used in personal hygiene and the treatment of skin for minor cuts & burns. The increasing use of hydrogen peroxide as a mouth rinse solution for the removal of mucus and various mouth irritations is driving the demand.
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The market is significantly driven by the rising application in the paper & pulp application segment. Hydrogen peroxide is used as a bleaching agent in the paper & pulp industry. It offers a grade of brightness that is favorable for high-grade magazine papers, board, and tissue products. The increasing usage of paper in packaging and personal care industries across the globe is fueling the expansion of this market. Hydrogen peroxide is used in the paper & pulp industry for delignification and bleaching of cellulose, pulp bleaching, and re-cycling waste paper (de-inking).
It is found to be effective in bleaching recycled pulp. In paper recycling, the removal of printing ink is an important task when fibers are reused in the production of tissue grades or printing papers. Fiber brightening can be carried out using the hydrogen peroxide compound. A small amount of hydrogen peroxide can improve brightness and prevent alkaline yellowing.
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Asia Pacific accounts for the largest share of the global market. Awareness about the increasing applications of hydrogen peroxide in various industries is boosting the global market in the Asia Pacific. The market is growing rapidly in Asian countries such as India and China. Factors responsible for major market share are growth & development in industries, along with rapid urbanization. The increasing demand for hydrogen peroxide in paper & pulp industries is accelerating market growth in Asia Pacific countries.
The rising demand for hydrogen peroxide in the chemical industry is contributing to revenue growth and lucrative business opportunities for manufacturers in this market during the COVID-19 crisis. Manufacturers operating in the market for hydrogen peroxide are marking their presence in the global market by catering to different end-use industries.
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The global hydrogen peroxide market is negatively affected by COVID-19. Lockdown and shutting down of businesses have led to disruptions in the value chain. Even though the coronavirus pandemic has weakened all businesses in the market, manufacturers are creating potential opportunities owing to the increasing applications of hydrogen peroxide. The growing demand for industrial hydrogen peroxide in various industries such as paper & pulp, mining, chemical, healthcare, wastewater treatment, and textiles is generating revenue streams for manufacturers in the hydrogen peroxide industry.
Manufacturers are taking efforts to recover from losses due to the COVID-19 outbreak and exploring different opportunities to overcome challenges in this market. Countries such as China hold a major market share due to rapid industrialization and urbanization. Major players in the global market are focusing on research & development, collaboration, and product innovation strategies to mark their presence in the global market and leverage lucrative revenue benefits.
Attribute |
Detail |
Market Size Value in 2020 (Base Year) |
US$ 2.6 Bn |
Market Forecast Value in 2031 |
US$ 4.9 Bn |
Growth Rate (CAGR) |
5.8% |
Forecast Period |
2021-2031 |
Quantitative Units |
US$ Bn for Value & Kilo Tons for Volume |
Market Analysis |
Includes cross segment analysis at global as well as regional level. Qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, supply chain analysis, and parent industry overview. |
Competition Landscape |
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Format |
Electronic (PDF) + Excel |
Market Segmentation |
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Regions Covered |
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Countries Covered |
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Companies Profiled |
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Customization Scope |
Available upon Request |
Pricing |
Available upon Request |
Hydrogen Peroxide Market – Segmentation
TMR’s research study assesses the global market in terms of application and region. This report presents extensive market dynamics and trends associated with different segments of the market and how they are influencing the growth prospects of the global hydrogen peroxide market.
Application |
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Region |
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1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
2. Assumptions and Research Methodology
2.1. Assumptions and Acronyms Used
2.2. Research Methodology
3. Executive Summary
3.1. Market Size, Indicative (US$ Bn)
3.2. Top 3 Trends
4. Market Overview
4.1. Product Overview
4.2. Market Indicators
4.3. Drivers and Restraints Snapshot Analysis
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. Global Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, 2020-2031
4.5. Porter’s Five Forces Analysis
4.5.1. Threat of Substitutes
4.5.2. Bargaining Power of Buyers
4.5.3. Bargaining Power of Suppliers
4.5.4. Threat of New Entrants
4.5.5. Degree of Competition
4.6. Value Chain Analysis-Global Hydrogen Peroxide Market
4.7. Global Hydrogen Peroxide Market: SWOT Analysis
5. Global Hydrogen Peroxide Market Value Share Analysis, by Application
5.1. Introduction
5.2. Key Findings
5.3. Global Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, by Application, 2020-2031
5.3.1. Paper & Pulp Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, 2020-2031
5.3.2. Chemical Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, 2020-2031
5.3.3. Wastewater Treatment Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, 2020-2031
5.3.4. Mining Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, 2020-2031
5.3.5. Others Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, 2020-2031
5.4. Global Hydrogen Peroxide Market Attractiveness Analysis, by Application
6. Global Hydrogen Peroxide Market Analysis, by Region
6.1. Global Regulatory Scenario
6.2. Global Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, Hydrogen Peroxide Market, by Region
6.2.1. North America Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, 2020-2031
6.2.2. Europe Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, 2020-2031
6.2.3. Asia Pacific Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, 2020-2031
6.2.4. Latin America Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, 2020-2031
6.2.5. Middle East & Africa Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, 2020-2031
6.3. Global Hydrogen Peroxide Market Attractiveness Analysis, by Region
7. North America Hydrogen Peroxide Market Overview
7.1. North America Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecasts, by Application
7.2. North America Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecasts, by Country
7.2.1. U.S. Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, by Application, 2020-2031
7.2.2. Canada Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, by Application, 2020-2031
7.3. North America Hydrogen Peroxide Market Attractiveness Overview
8. Europe Hydrogen Peroxide Market Overview
8.1. Europe Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecasts, by Application
8.2. Europe Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecasts, by Country and Sub-region
8.2.1. Germany Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, by Application, 2020-2031
8.2.2. France Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, by Application, 2020-2031
8.2.3. U.K. Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, by Application, 2020-2031
8.2.4. Italy Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, by Application, 2020-2031
8.2.5. Spain Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, by Application, 2020-2031
8.2.6. Rest of Europe Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, by Application, 2020-2031
8.3. Europe Hydrogen Peroxide Market Attractiveness Overview
9. Asia Pacific Hydrogen Peroxide Market Overview
9.1. Asia Pacific Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, by Application
9.2. Asia Pacific Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, by Country and Sub-region
9.2.1. China Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, by Application, 2020-2031
9.2.2. India Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, by Application, 2020-2031
9.2.3. Japan Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, by Application, 2020-2031.
9.2.4. ASEAN Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, by Application, 2020-2031
9.2.5. Rest of Asia Pacific Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, by Application, 2020-2031
9.3. Asia Pacific Hydrogen Peroxide Market Attractiveness Overview
10. Latin America Hydrogen Peroxide Market Overview
10.1. Latin America Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, by Application
10.2. Latin America Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, by Country and Sub-region
10.2.1. Brazil Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, by Application, 2020-2031
10.2.2. Mexico Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, by Application, 2020-2031
10.2.3. Rest of Latin America Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, by Application, 2020-2031
10.3. Latin America Hydrogen Peroxide Market Attractiveness Overview
11. Middle East & Africa Hydrogen Peroxide Market Overview
11.1. Middle East & Africa Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, by Application
11.2. Middle East & Africa Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, by Country and Sub-region
11.2.1. GCC Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, by Application, 2020-2031
11.2.2. South Africa Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, by Application, 2020-2031
11.2.3. Rest of MEA Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, by Application, 2020-2031
11.3. Middle East and Africa Hydrogen Peroxide Market Attractiveness Overview
12. Competition Landscape
12.1. Hydrogen Peroxide Market Share Analysis, by Company (2020)
12.2. Competition Matrix
12.2.1. Solvay S.A.
12.2.1.1. Company Description
12.2.1.2. Business Overview
12.2.1.3. Financial Details
12.2.1.4. Strategic Overview
12.2.2. Evonik Industries AG
12.2.2.1. Company Description
12.2.2.2. Business Overview
12.2.2.3. Financial Details
12.2.2.4. Strategic Overview
12.2.3. Arkema S.A.
12.2.3.1. Company Description
12.2.3.2. Business Overview
12.2.3.3. Financial Details
12.2.3.4. Strategic Overview
12.2.4. Mitsubishi Gas Chemical Company
12.2.4.1. Company Description
12.2.4.2. Business Overview
12.2.4.3. Financial Details
12.2.4.4. Strategic Overview
12.2.5. Aditya Birla Chemicals Limited
12.2.5.1. Company Description
12.2.5.2. Business Overview
12.2.5.3. Financial Details
12.2.5.4. Strategic Overview
12.2.6. AkzoNobel N.V.
12.2.6.1. Company Description
12.2.6.2. Business Overview
12.2.6.3. Financial Details
12.2.6.4. Strategic Overview
12.2.7. Gujarat Alkalies & Chemicals Limited
12.2.7.1. Company Description
12.2.7.2. Business Overview
12.2.7.3. Financial Details
12.2.7.4. Strategic Overview
12.2.8. Kemira Oyj
12.2.8.1. Company Description
12.2.8.2. Business Overview
12.2.8.3. Financial Details
12.2.8.4. Strategic Overview
12.2.9. Kingboard Chemical Holdings Ltd.
12.2.9.1. Company Description
12.2.9.2. Business Overview
12.2.9.3. Financial Details
12.2.9.4. Strategic Overview
12.2.10. PeroxyChem LLC
12.2.10.1. Company Description
12.2.10.2. Business Overview
12.2.10.3. Financial Details
12.2.10.4. Strategic Overview
13. Primary Research – Key Insights
List of Tables
Table 01: Global Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, by Application,
Table 02: Global Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, by Region, 2020–2031
Table 03: North America Hydrogen Peroxide Market Size (US$ Bn) and Market Volume (Kilo Tons) Forecast, by Application, 2020–2031
Table 04: North America Hydrogen Peroxide Market Size (US$ Bn) and Market Volume (Kilo Tons) Forecast, by Country, 2020–2031
Table 05: U.S. Hydrogen Peroxide Market Size (US$ Bn) and Market Volume (Kilo Tons) Forecast, by Application, 2020–2031
Table 06: Canada Hydrogen Peroxide Market Size (US$ Bn) and Market Volume (Kilo Tons) Forecast, by Application, 2020–2031
Table 07: Europe Hydrogen Peroxide Market Size (US$ Bn) and Market Volume (Kilo Tons) Forecast, by Application, 2020–2031
Table 08: Europe Hydrogen Peroxide Market Size (US$ Bn) and Market Volume (Kilo Tons) Forecast, by Country and Sub-region, 2020–2031
Table 09: Germany Hydrogen Peroxide Market Size (US$ Bn) and Market Volume (Kilo Tons) Forecast, by Application, 2020–2031
Table 10: France Hydrogen Peroxide Market Size (US$ Bn) and Market Volume (Kilo Tons) Forecast, by Application, 2020–2031
Table 11: U.K. Hydrogen Peroxide Market Size (US$ Bn) and Market Volume (Kilo Tons) Forecast, by Application, 2020–2031
Table 12: Italy Hydrogen Peroxide Market Size (US$ Bn) and Market Volume (Kilo Tons) Forecast, by Application, 2020–2031
Table 13: Spain Hydrogen Peroxide Market Size (US$ Bn) and Market Volume (Kilo Tons) Forecast, by Application, 2020–2031
Table 14: Rest of Europe Hydrogen Peroxide Market Size (US$ Bn) and Market Volume (Kilo Tons) Forecast, by Application, 2020–2031
Table 15: Asia Pacific Hydrogen Peroxide Market Size (US$ Bn) and Market Volume (Kilo Tons) Forecast,
Table 16: Asia Pacific Hydrogen Peroxide Market Size (US$ Bn) and Market Volume (Kilo Tons) Forecast, by Country and Sub-region, 2020–2031
Table 17: China Hydrogen Peroxide Market Size (US$ Bn) and Market Volume (Kilo Tons) Forecast, by Application, 2020–2031
Table 18: Japan Hydrogen Peroxide Market Size (US$ Bn) and Market Volume (Kilo Tons) Forecast, by Application, 2020–2031
Table 19: India Hydrogen Peroxide Market Size (US$ Bn) and Market Volume (Kilo Tons) Forecast, by Application, 2020–2031
Table 20: ASEAN Hydrogen Peroxide Market Size (US$ Bn) and Market Volume (Kilo Tons) Forecast, by Application, 2020–2031
Table 21: Rest of Asia Pacific Hydrogen Peroxide Market Size (US$ Bn) and Market Volume (Kilo Tons) Forecast, by Application, 2020–2031
Table 22: Latin America Hydrogen Peroxide Market Size (US$ Bn) and Market Volume (Kilo Tons) Forecast, by Application, 2020–2031
Table 23: Latin America Hydrogen Peroxide Market Size (US$ Bn) and Market Volume (Kilo Tons) Forecast, by Country and Sub-region,
Table 24: Brazil Hydrogen Peroxide Market Size (US$ Bn) and Market Volume (Kilo Tons) Forecast, by Application, 2020–2031
Table 25: Mexico Hydrogen Peroxide Market Size (US$ Bn) and Market Volume (Kilo Tons) Forecast, by Application, 2020–2031
Table 26: Rest of Latin America Hydrogen Peroxide Market Size (US$ Bn) and Market Volume (Kilo Tons) Forecast, by Application, 2020–2031
Table 27: Middle East & Africa Hydrogen Peroxide Market Size (US$ Bn) and Market Volume (Kilo Tons) Forecast,
Table 28: Middle East & Africa Hydrogen Peroxide Market Size (US$ Bn) and Market Volume (Kilo Tons) Forecast, by Country and Sub-region, 2020–2031
Table 29: GCC Hydrogen Peroxide Market Size (US$ Bn) and Market Volume (Kilo Tons) Forecast, by Application, 2020–2031
Table 30: South Africa Hydrogen Peroxide Market Size (US$ Bn) and Market Volume (Kilo Tons) Forecast, by Application, 2020–2031
Table 31: Rest of Middle East & Africa Hydrogen Peroxide Market Size (US$ Bn) and Market Volume (Kilo Tons) Forecast, by Application, 2020–2031
List of Figures
Figure 01: Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, 2020–2031
Figure 02: Hydrogen Peroxide Price Trend Analysis (US$/Ton) 2020–2031
Figure 03: Global Hydrogen Peroxide Market, Volume Share Analysis, by Application, 2020 and 2031
Figure 04: Paper & Pulp Market Value (US$ Bn) and Volume (Kilo Tons) Forecast, 2020–2031
Figure 05: Chemical Market Value (US$ Bn) and Volume (Kilo Tons) Forecast, 2020–2031
Figure 06: Wastewater Treatment Market Value (US$ Bn) and Volume (Kilo Tons) Forecast, 2020–2031
Figure 07: Mining Market Value (US$ Bn) and Volume (Kilo Tons) Forecast, 2020–2031
Figure 08: Others Market Value (US$ Bn) and Volume (Kilo Tons) Forecast, 2020–2031
Figure 09: Global Hydrogen Peroxide Market Attractiveness Analysis, by Application, 2020
Figure 10: Global Hydrogen Peroxide Market, Volume Share Analysis, by Region, 2020 and 2031
Figure 11: Global Hydrogen Peroxide Market Attractiveness Analysis, by Region, 2020
Figure 12: North America Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, 2020–2031
Figure 13: North America Hydrogen Peroxide Market Size and Volume Y-o-Y Growth Projections, 2020–2031
Figure 14: North America Hydrogen Peroxide Market Price (US$/Ton) Forecast, 2020–2031
Figure 15: North America Hydrogen Peroxide Market Volume Share Analysis, by Application, 2020 and 2031
Figure 16: North America Hydrogen Peroxide Market Volume Share Analysis By Country, 2020 and 2031
Figure 17: North America Hydrogen Peroxide Market Attractiveness, by Application
Figure 18: North America Hydrogen Peroxide Market Attractiveness, by Country
Figure 19: Europe Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, 2020–2031
Figure 20: Europe Hydrogen Peroxide Market Size and Volume Y-o-Y Growth Projections, 2020–2031
Figure 21: Europe Hydrogen Peroxide Market Price (US$/Ton) Forecast, 2020–2031
Figure 22: Europe Hydrogen Peroxide Market Volume Share Analysis, by Application, 2020 and 2031
Figure 23: Europe Hydrogen Peroxide Market Volume Share Analysis, by Country and Sub-region, 2020 and 2031
Figure 24: Europe Hydrogen Peroxide Market Attractiveness, by Application
Figure 25: Europe Hydrogen Peroxide Market Attractiveness, by Country and Sub-region
Figure 26: Asia Pacific Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, 2020–2031
Figure 27: Asia Pacific Hydrogen Peroxide Market Size and Volume Y-o-Y Growth Projections, 2020–2031
Figure 28: Asia Pacific Hydrogen Peroxide Market Price (US$/Ton) Forecast, 2020–2031
Figure 29: Asia Pacific Hydrogen Peroxide Market Volume Share Analysis, by Application, 2020 and 2031
Figure 30: Asia Pacific Hydrogen Peroxide Market Volume Share Analysis, by Country and Sub-region, 2020 and 2031
Figure 31: Asia Pacific Hydrogen Peroxide Market Attractiveness, by Application
Figure 32: Asia Pacific Hydrogen Peroxide Market Attractiveness, by Country and Sub-region
Figure 33: Latin America Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, 2020–2031
Figure 34: Latin America Hydrogen Peroxide Market Size and Volume Y-o-Y Growth Projections, 2020–2031
Figure 35: Latin America Hydrogen Peroxide Market Price (US$/Ton) Forecast, 2020–2031
Figure 36: Latin America Hydrogen Peroxide Market Volume Share Analysis, by Application, 2020 and 2031
Figure 37: Latin America Hydrogen Peroxide Market Volume Share Analysis, by Country and Sub-region, 2020 and 2031
Figure 38: Latin America Hydrogen Peroxide Market Attractiveness, by Application
Figure 39: Latin America Hydrogen Peroxide Market Attractiveness, by Country and Sub-region
Figure 40: Middle East & Africa Hydrogen Peroxide Market Size (US$ Bn) and Volume (Kilo Tons) Forecast, 2020–2031
Figure 41: Middle East & Africa Hydrogen Peroxide Market Size and Volume Y-o-Y Growth Projections, 2020–2031
Figure 42: Middle East & Africa Region Hydrogen Peroxide Market Price (US$/Ton) Forecast, 2020–2031
Figure 43: Middle East & Africa Hydrogen Peroxide Market Volume Share Analysis, by Application, 2020 and 2031
Figure 44: Middle East & Africa Hydrogen Peroxide Market Volume Share Analysis, by Country and Sub-region, 2020 and 2031
Figure 45: Middle East & Africa Hydrogen Peroxide Market Attractiveness, by Application
Figure 46: Middle East & Africa Hydrogen Peroxide Market Attractiveness, by Country and Sub-region
Figure 47: Global Hydrogen Peroxide Market Share Analysis, by Company (2020)