According to a new report, published by KBV research, The Global Hydrogen Peroxide Market size is expected to reach $4.5 billion by 2030, rising at a market growth of 5.2% CAGR during the forecast period. In the year 2022, the market attained a volume of 4,991.76 kilo tonnes experiencing a growth of 4.7% (2019-2022).
The Pulp & Paper segment is leading the Global Hydrogen Peroxide Market by Application in 2022, thereby, achieving a market value of $1.2 Billion by 2030. Hydrogen peroxide is effective in achieving high-quality and bright paper products. Its bleaching properties produce paper with desirable characteristics, meeting the quality standards expected by the industry and consumers. Growing consumer awareness and preferences for sustainable and eco-friendly products have influenced the pulp and paper industry. Hydrogen peroxide, a green alternative in the bleaching process, allows paper manufacturers to align with consumer demands for environmentally conscious products. Thus, these aspects will help expand the segment.
The Disinfectant segment is experiencing a CAGR of 5.5% during (2023 - 2030). Hydrogen peroxide is perceived as a more environmentally friendly disinfectant than traditional alternatives. As consumers increasingly prioritize eco-friendly products, the use of hydrogen peroxide aligns with this trend. Regulatory agencies, recognizing the effectiveness of hydrogen peroxide as a disinfectant, have provided approvals for its use in various applications. Therefore, the segment will grow rapidly in the coming years.
The Asia Pacific market dominated the Global Hydrogen Peroxide Market by Region in 2022, thereby achieving a market value of $1.8 Billion by 2030, growing at a CAGR of 5.4 % during the forecast period. The Europe region is experiencing a CAGR of 4.7% during (2023 - 2030). Additionally, The North America region would witness a CAGR of 5% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/hydrogen-peroxide-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Evonik Industries AG (RAG-Stiftung), TAEKWANG Industrial Co., ltd., Arkema S.A., Grupa Azoty S.A., Solvay SA, Akzo Nobel N.V., Gujarat Alkalies and Chemicals Limited, Mitsubishi Gas Chemical Company, Inc., OCI Company Ltd., Airedale Chemical Holdings Limited.
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Function (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Geography (Volume, Kilo Tonnes, USD Billion, 2019-2030)
Companies Profiled
Unique Offerings 
