NEW YORK, Oct. 26, 2023 /PRNewswire/ --The hydrogen peroxide market size is expected to grow by USD 518.87 million from 2022 to 2027. In addition, the growth momentum of the market will progress at a CAGR of almost 5% during the forecast period, according to Technavio. The market is segmented by application (bleaching, chemical synthesis, disinfectant, and others), end-user (pulp and paper, textiles, wastewater treatment, and food and beverages and others), and geography (APAC, North America, Europe, Middle East and Africa, and South America). We provide a detailed analysis of 20 companies operating in the hydrogen peroxide market including Aditya Birla Management Corp. Pvt. Ltd., Akzo Nobel NV, Arkema Group, Avantor Inc., BASF SE, Chang Chun Group, Gujarat Alkalies and Chemicals Ltd., Hansol Holdings, Hodogaya Chemical Co. Ltd., Kemira Oyj, Kingboard Holdings Ltd., Merck KGaA, Mitsubishi Gas Chemical Co. Inc., National Peroxide Ltd., Nouryon Chemicals Holding BV, OCI Co. Ltd., PJSC Khimprom, RAG Stiftung, Solvay SA, and Taekwang Group. The report offers an up-to-date analysis of the market, and to know the exact growth variance and the Y-O-Y growth rate, Request Sample Report.
Hydrogen Peroxide Market 2023-2027: Company Analysis
Aditya Birla Management Corp. Pvt. Ltd: The company offers hydrogen peroxide through Thai Peroxide Ltd, which includes capacity stands at 22500MTPA for Hydrogen Peroxide.
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Hydrogen Peroxide Market 2023-2027: Segmentation
- Application
The bleaching segment is estimated to witness significant growth during the forecast period. The main use of hydrogen peroxide is as a bleaching agent, and it is widely used in various industries such as the pulp and paper industry, pharmaceutical industry, and textile industry. In addition, the bleaching segment is increasingly used in the textile industry to whiten clothing and remove stains from both synthetic and natural fibers. Furthermore, the main advantage of hydrogen peroxide in the textile industry is that it is also used in the production of fabrics, as it helps to improve the mechanical properties of fibers. The textile industry is witnessing significant growth in developing countries and is expected to drive the growth of the bleaching segment during the forecast period.
- Geography
APAC is estimated to contribute 41% to the growth of the global market during the forecast period. One of the major factors contributing significantly to the growth of the hydrogen peroxide market is the presence of developing countries such as China, India, Malaysia, and Indonesia.
Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View PDF Sample Report
Hydrogen Peroxide Market 2023-2027: Key Highlights
- Historic Market Size 2017-2021
- CAGR of the market during 2023-2027
- Detailed information on factors that will assist hydrogen peroxide market growth during the next five years
- Estimation of the hydrogen peroxide market and its contribution to the parent market
- Forecasts on upcoming trends and changes in consumer behavior
- The growth of the hydrogen peroxide market
- Analysis of the competitive landscape and detailed information on companies
- Comprehensive details of factors that will impede the growth of hydrogen peroxide market companies
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The green hydrogen market size is estimated to grow at a CAGR of 45.51% between 2022 and 2027. The green hydrogen market size is forecast to increase by USD 14,745.04 million.
Hydrogen Peroxide Market Scope |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5% |
Market growth 2023-2027 |
USD 518.87 million |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
4.55 |
Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
Performing market contribution |
APAC at 41% |
Key countries |
US, China, India, South Korea, and Germany |
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Company Landscape
12 Company Analysis
13 Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com
SOURCE Technavio
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