Hydrogen Peroxide Market Analysis and Segment Forecast To 2028

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Hydrogen Peroxide

Market

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Hydrogen Peroxide Market


Market by Grade: <30%, 30%-50%, 50%-80%, >80%
Market by Function: Disinfectant, Bleaching, Oxidant, Others
Market by Application: Pulp and Paper, Chemicals synthesis, Wastewater treatment, Mining,
Food and Beverages, Personal Care, Healthcare, Textiles, Electronics, Propulsion systems,
Others
Market by Region: North America, Europe, Asia Pacific, South America, Middle East & Africa

Copyright © 2021 Grand View Research, Inc., USA


All Rights Reserved. This document contains highly confidential information and is the sole
property of Grand View Research. No part of it may be circulated, copied, quoted, or otherwise
reproduced without the approval of Grand View Research

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Table of Contents
CHAPTER 01 Methodology & Scope ................................................................ 12
1.1 Market Segmentation & Scope ............................................................................... 12
1.2 Market Definitions ............................................................................................. 13
1.3 Information Procurement ..................................................................................... 15
1.3.1 INFORMATION ANALYSIS ............................................................................................................ 16
1.3.2 MARKET FORMULATION & DATA VISUALIZATION ....................................................................... 17
1.3.3 DATA VALIDATION & PUBLISHING .............................................................................................. 18
1.4 Research scope and assumptions ............................................................................ 19
1.4.1 LIST TO DATA SOURCES ............................................................................................................. 20
CHAPTER 02 Executive Summary .................................................................... 21
2.1 Market Outlook................................................................................................. 22
2.2 Segmental Outlook ............................................................................................. 23
2.3 Competitive Insights ........................................................................................... 23
CHAPTER 03 Hydrogen Peroxide Market Variables, Trends & Scope .............. 24
3.1 Market Lineage Outlook ...................................................................................... 24
3.2 Penetration & Growth Prospect Mapping ................................................................. 25
3.3 Market Dynamics............................................................................................... 26
3.3.1 MARKET DRIVER ANALYSIS ........................................................................................................ 27
3.3.1.1 increasing demand from disinfection applications ............................................................ 27
3.3.1.2 RISING FOCUS ON WATER TREATMENT ............................................................................. 28
3.3.2 MARKET RESTRAINT ANALYSIS .................................................................................................. 29
3.3.2.1 TOXICITY concerns of the product ...................................................................................... 29
3.3.3 INDUSTRY CHALLENGES ............................................................................................................ 29
3.4 Impact of COVID-19 .......................................................................................... 30
3.5 Highly Concentrated Hydrogen Peroxide .................................................................. 31
3.5.1 MARKET POTENTIAL AND FUTURE GROWTH PROSPECTS ......................................................... 31
3.5.2 PROMINENT MANUFACTURERS FOR HIGHLY CONCENTRATED FORM ...................................... 32
3.5.3 MANUFACTURING AND TECHNOLOGY RELATED TRENDS .......................................................... 32
3.5.4 PATENT ANALYSIS ...................................................................................................................... 33
3.5.5 RESEARCH & DEVELOPMENT INITIATIVES ................................................................................. 35
3.5.6 CHALLENGES .............................................................................................................................. 36
3.5.7 REGIONAL DEMAND ANALYSIS................................................................................................... 37
CHAPTER 04 Hydrogen Peroxide Market: Grade Estimates & Trend Analysis . 38
4.1 Grade Movement Analysis & Market Share, 2020 & 2028 ............................................. 38

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4.2 Market Size & Forecasts and Trend Analysis, 2017 to 2028 for the following: ..................... 38
4.2.1 <30% .......................................................................................................................................... 38
4.2.2 30%-50% .................................................................................................................................... 39
4.2.3 50%-80% .................................................................................................................................... 40
4.2.4 >80% .......................................................................................................................................... 41
CHAPTER 05 Global Hydrogen Peroxide Market: Function Estimates & Trend
Analysis ........................................................................................................... 43
5.1 Function Movement Analysis & Market Share, 2020 & 2028 .......................................... 43
5.2 Market Size & Forecasts and Trend Analysis, 2017 to 2028 for the following: ..................... 43
5.2.1 DISINFECTANT ............................................................................................................................ 43
5.2.2 BLEACHING................................................................................................................................. 44
5.2.3 OXIDANT ..................................................................................................................................... 44
5.2.4 OTHERS ...................................................................................................................................... 45
CHAPTER 06 Hydrogen Peroxide Market: Application Estimates & Trend
Analysis ........................................................................................................... 46
6.1 Hydrogen peroxide application movement analysis & market share, 2020 & 2028 (Kilotons)
(USD Million) ....................................................................................................... 46
6.2 Market Size & Forecasts and Trend Analysis, 2017 to 2028 for the following: ..................... 46
6.2.1 PULP AND PAPER ....................................................................................................................... 46
6.2.2 CHEMICAL SYSTHESIS................................................................................................................ 47
6.2.3 WASTEWATER TREATMENT ........................................................................................................ 48
6.2.4 MINING ....................................................................................................................................... 48
6.2.5 FOOD & BEVERAGES .................................................................................................................. 49
6.2.6 PERSONAL CARE ........................................................................................................................ 50
6.2.7 HEALTHCARE .............................................................................................................................. 50
6.2.8 TEXTILES..................................................................................................................................... 51
6.2.9 ELECTRONICS ............................................................................................................................. 51
6.2.10 PROPULSION SYSTEM .............................................................................................................. 52
6.2.11 OTHERS .................................................................................................................................... 52
CHAPTER 07 Hydrogen Peroxide Market: Regional Estimates & Trend Analysis
......................................................................................................................... 53
7.1 Regional Movement Analysis & Market Share, 2020 & 2028 .......................................... 53
7.2 Market Size & Forecasts and Trend Analysis, 2017 to 2028 for the following: ..................... 53
7.2.1 NORTH AMERICA ........................................................................................................................ 53
7.2.1.1 U.S. ..................................................................................................................................... 56
7.2.1.2 Canada ............................................................................................................................... 59
7.2.1.3 Mexico ................................................................................................................................ 62
7.2.2 EUROPE ...................................................................................................................................... 65

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7.2.2.1 UK....................................................................................................................................... 67
7.2.2.2 Germany ............................................................................................................................. 70
7.2.2.3 France ................................................................................................................................ 73
7.2.2.4 NetherLands....................................................................................................................... 76
7.2.3 ASIA PACIFIC ............................................................................................................................... 78
7.2.3.1 China .................................................................................................................................. 81
7.2.3.2 India ................................................................................................................................... 84
7.2.3.3 Japan .................................................................................................................................. 87
7.2.4 SOUTH AMERICA......................................................................................................................... 90
7.2.5 MIDDLE EAST & AFRICA ............................................................................................................. 93
CHAPTER 08 Hydrogen Peroxide Market: Competitive Analysis ..................... 96
8.1 Recent Developments & Impact Analysis, By Key Market Participants ............................. 96
8.2 Company/Competition Categorization (Key Innovators, Market Leaders, Emerging Players) 97
8.3 Vendor Landscape .............................................................................................. 97

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Index of Figures
Fig.1 Global hydrogen peroxide market segmentation
Fig.2 Information procurement
Fig.3 Data analysis models
Fig.4 Market formulation and validation
Fig.5 Data validating & publishing
Fig.6 Global hydrogen peroxide market outlook
Fig.7 Global hydrogen peroxide market estimates & forecast, 2017 -2028 (Kilotons) (USD Million)
Fig.8 Global hydrogen peroxide market dynamics
Fig.9 Hydrogen peroxide market driver impact analysis, 2017 - 2028
Fig.10 Hydrogen peroxide market restraint impact analysis, 2017 - 2028
Fig.11 Hydrogen peroxide consumption pattern, by region, 2017 – 2028, (Kilotons)
Fig.12 Hydrogen peroxide market volume, by grade, 2020 & 2028, (Kilotons)
Fig.13 Hydrogen peroxide market revenue, by function, 2020 & 2028, (Kilotons)
Fig.14 Hydrogen peroxide market volume share by application, 2020 & 2028 (Kilotons)
Fig.15 Hydrogen peroxide market volume share by region, 2020 & 2028 (Kilotons)

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Index of Tables
Table 1 Global hydrogen peroxide market volume & revenue, in <30% , 2016 - 2028, (Kilotons) (USD
Million)
Table 2 Global hydrogen peroxide market volume & revenue, in 30%-50%, 2017 - 2028, (Kilotons) (USD
Million)
Table 3 Global hydrogen peroxide market volume & revenue, in 50%-80%, 2017 - 2028, (Kilotons) (USD
Million)
Table 4 Global hydrogen peroxide market volume & revenue, in >80%, 2017 - 2028, (Kilotons) (USD
Million)
Table 5 Global hydrogen peroxide market volume & revenue, in disinfectant, 2017 - 2028 (Kilotons)
(USD Million)
Table 6 Global hydrogen peroxide market volume & revenue, in bleaching, 2017 - 2028 (Kilotons) (USD
Million)
Table 7 Global hydrogen peroxide market volume & revenue, in oxidant, 2017 - 2028 (Kilotons) (USD
Million)
Table 8 Global hydrogen peroxide market volume & revenue, in others, 2017 - 2028 (Kilotons) (USD
Million)
Table 9 Global hydrogen peroxide market volume & revenue, in pulp & paper, 2017 - 2028 (Kilotons)
(USD Million)
Table 10 Global hydrogen peroxide market volume & revenue, in chemical synthesis, 2017 - 2028
(Kilotons) (USD Million)
Table 11 Global hydrogen peroxide market volume & revenue, in wastewater treatment, 2017 - 2028
(Kilotons) (USD Million)
Table 12 Global hydrogen peroxide market volume & revenue, in mining, 2017 - 2028 (Kilotons) (USD
Million)
Table 13 Global hydrogen peroxide market volume & revenue, in food & beverages, 2017 - 2028
(Kilotons) (USD Million)
Table 14 Global hydrogen peroxide market volume & revenue, in personal care, 2017 - 2028 (Kilotons)
(USD Million)
Table 15 Global hydrogen peroxide market volume & revenue, in healthcare, 2017 - 2028 (Kilotons)
(USD Million)
Table 16 Global hydrogen peroxide market volume & revenue, in textiles, 2017 - 2028 (Kilotons) (USD
Million)

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Table 17 Global hydrogen peroxide market volume & revenue, in electronics, 2017 - 2028 (Kilotons)
(USD Million)
Table 18 Global hydrogen peroxide market volume & revenue, in propulsion system, 2017 - 2028
(Kilotons) (USD Million)
Table 19 Global hydrogen peroxide market volume & revenue, in others, 2017 - 2028 (Kilotons) (USD
Million)
Table 20 North America hydrogen peroxide market volume & revenue, 2017 - 2028 (Kilotons) (USD
Million)
Table 21 North America hydrogen peroxide market volume, by grade, 2017 - 2028 (Kilotons)
Table 22 North America hydrogen peroxide market revenue, by grade, 2017 - 2028 (USD Million)
Table 23 North America hydrogen peroxide market volume, by function, 2017 - 2028 (Kilotons)
Table 24 North America hydrogen peroxide market revenue, by function, 2017 - 2028 (USD Million)
Table 25 North America hydrogen peroxide market volume, by application, 2017 - 2028 (Kilotons)
Table 26 North America hydrogen peroxide market revenue, by application, 2017 - 2028 (USD Million)
Table 27 U.S. hydrogen peroxide market volume & revenue, 2017 - 2028 (Kilotons) (USD Million)
Table 28 U.S. hydrogen peroxide market volume, by grade, 2017 - 2028 (Kilotons)
Table 29 U.S. hydrogen peroxide market revenue, by grade, 2017 - 2028 (USD Million)
Table 30 U.S. hydrogen peroxide market volume, by function, 2017 - 2028 (Kilotons)
Table 31 U.S. hydrogen peroxide market revenue, by function, 2017 - 2028 (USD Million)
Table 32 U.S. hydrogen peroxide market volume, by application, 2017 - 2028 (Kilotons)
Table 33 U.S. hydrogen peroxide market revenue, by application, 2017 - 2028 (USD Million)
Table 34 Canada hydrogen peroxide market volume & revenue, 2017 - 2028 (Kilotons) (USD Million)
Table 35 Canada hydrogen peroxide market volume, by grade, 2017 - 2028 (Kilotons)
Table 36 Canada hydrogen peroxide market revenue, by grade, 2017 - 2028 (USD Million)
Table 37 Canada hydrogen peroxide market volume, by function, 2017 - 2028 (Kilotons)
Table 38 Canada hydrogen peroxide market revenue, by function, 2017 - 2028 (USD Million)
Table 39 Canada hydrogen peroxide market volume, by application, 2017 - 2028 (Kilotons)
Table 40 Canada hydrogen peroxide market revenue, by application, 2017 - 2028 (USD Million)
Table 41 Mexico hydrogen peroxide market volume & revenue, 2017 - 2028 (Kilotons) (USD Million)
Table 42 Mexico hydrogen peroxide market volume, by grade, 2017 - 2028 (Kilotons)
Table 43 Mexico hydrogen peroxide market revenue, by grade, 2017 - 2028 (USD Million)
Table 44 Mexico hydrogen peroxide market volume, by function, 2017 - 2028 (Kilotons)
Table 45 Mexico hydrogen peroxide market revenue, by function, 2017 - 2028 (USD Million)
Table 46 Mexico hydrogen peroxide market volume, by application, 2017 - 2028 (Kilotons)

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Table 47 Mexico hydrogen peroxide market volume, by application, 2017 - 2028 (USD Million)
Table 48 Europe hydrogen peroxide market volume & revenue, 2017 - 2028 (Kilotons) (USD Million)
Table 49 Europe hydrogen peroxide market volume, by grade, 2017 - 2028 (Kilotons)
Table 50 Europe hydrogen peroxide market revenue, by grade, 2017 - 2028 (USD Million)
Table 51 Europe hydrogen peroxide market volume, by function, 2017 - 2028 (Kilotons)
Table 52 Europe hydrogen peroxide market revenue, by function, 2017 - 2028 (USD Million)
Table 53 Europe hydrogen peroxide market volume, by application, 2017 - 2028 (Kilotons)
Table 54 Europe hydrogen peroxide market revenue, by application, 2017 - 2028 (USD Million)
Table 55 UK hydrogen peroxide market volume & revenue, 2017 - 2028 (Kilotons) (USD Million)
Table 56 UK hydrogen peroxide market volume, by grade, 2017 - 2028 (Kilotons)
Table 57 UK hydrogen peroxide market revenue, by grade, 2017 - 2028 (USD Million)
Table 58 UK hydrogen peroxide market volume, by function, 2017 - 2028 (Kilotons)
Table 59 UK hydrogen peroxide market revenue, by function, 2017 - 2028 (USD Million)
Table 60 UK hydrogen peroxide market volume, by application, 2017 - 2028 (Kilotons)
Table 61 UK hydrogen peroxide market revenue, by application, 2017 - 2028 (USD Million)
Table 62 Germany hydrogen peroxide market volume & revenue, 2017 - 2028 (Kilotons) (USD Million)
Table 63 Germany hydrogen peroxide market volume, by grade, 2017 - 2028 (Kilotons)
Table 64 Germany hydrogen peroxide market revenue, by grade, 2017 - 2028 (USD Million)
Table 65 Germany hydrogen peroxide market volume, by function, 2017 - 2028 (Kilotons)
Table 66 Germany hydrogen peroxide market revenue, by function, 2017 - 2028 (USD Million)
Table 67 Germany hydrogen peroxide market volume, by application, 2017 - 2028 (Kilotons)
Table 68 Germany hydrogen peroxide market revenue, by application, 2017 - 2028 (USD Million)
Table 69 France hydrogen peroxide market volume & revenue, 2017 - 2028 (Kilotons) (USD Million)
Table 70 France hydrogen peroxide market volume, by grade, 2017 - 2028 (Kilotons)
Table 71 France hydrogen peroxide market revenue, by grade, 2017 - 2028 (USD Million)
Table 72 France hydrogen peroxide market volume, by function, 2017 - 2028 (Kilotons)
Table 73 France hydrogen peroxide market revenue, by function, 2017 - 2028 (USD Million)
Table 74 France hydrogen peroxide market volume, by application, 2017 - 2028 (Kilotons)
Table 75 France hydrogen peroxide market revenue, by application, 2017 - 2028 (USD Million)
Table 76 Netherlands hydrogen peroxide market volume & revenue, 2017 - 2028 (Kilotons) (USD
Million)
Table 77 Netherlands hydrogen peroxide market volume, by grade, 2017 - 2028 (Kilotons)
Table 78 Netherlands hydrogen peroxide market revenue, by grade, 2017 - 2028 (USD Million)
Table 79 Netherlands hydrogen peroxide market volume, by function, 2017 - 2028 (Kilotons)

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Table 80 Netherlands hydrogen peroxide market revenue, by function, 2017 - 2028 (USD Million)
Table 81 Netherlands hydrogen peroxide market volume, by application, 2017 - 2028 (Kilotons)
Table 82 Netherlands hydrogen peroxide market revenue, by application, 2017 - 2028 (USD Million)
Table 83 Asia Pacific hydrogen peroxide market volume & revenue, 2017 - 2028 (Kilotons) (USD
Million)
Table 84 Asia Pacific hydrogen peroxide market volume, by grade, 2017 - 2028 (Kilotons)
Table 85 Asia Pacific hydrogen peroxide market revenue, by grade, 2017 - 2028 (USD Million)
Table 86 Asia Pacific hydrogen peroxide market volume, by function, 2017 - 2028 (Kilotons)
Table 87 Asia Pacific hydrogen peroxide market revenue, by function, 2017 - 2028 (USD Million)
Table 88 Asia Pacific hydrogen peroxide market volume, by application, 2017 - 2028 (Kilotons)
Table 89 Asia Pacific hydrogen peroxide market revenue, by application, 2017 - 2028 (USD Million)
Table 90 China hydrogen peroxide market volume & revenue, 2017 - 2028 (Kilotons) (USD Million)
Table 91 China hydrogen peroxide market volume, by grade, 2017 - 2028 (Kilotons)
Table 92 China hydrogen peroxide market revenue, by grade, 2017 - 2028 (USD Million)
Table 93 China hydrogen peroxide market volume, by function, 2017 - 2028 (Kilotons)
Table 94 China hydrogen peroxide market revenue, by function, 2017 - 2028 (USD Million)
Table 95 China hydrogen peroxide market volume, by application, 2017 - 2028 (Kilotons)
Table 96 China hydrogen peroxide market revenue, by application, 2017 - 2028 (USD Million)
Table 97 India hydrogen peroxide market volume & revenue, 2017 - 2028 (Kilotons) (USD Million)
Table 98 India hydrogen peroxide market volume, by grade, 2017 - 2028 (Kilotons)
Table 99 India hydrogen peroxide market revenue, by grade, 2017 - 2028 (USD Million)
Table 100 India hydrogen peroxide market volume, by function, 2017 - 2028 (Kilotons)
Table 101 India hydrogen peroxide market revenue, by function, 2017 - 2028 (USD Million)
Table 102 India hydrogen peroxide market volume, by application, 2017 - 2028 (Kilotons)
Table 103 India hydrogen peroxide market revenue, by application, 2017 - 2028 (USD Million)
Table 104 Japan hydrogen peroxide market volume & revenue, 2017 - 2028 (Kilotons) (USD Million)
Table 105 Japan hydrogen peroxide market volume, by grade, 2017 - 2028 (Kilotons)
Table 106 Japan hydrogen peroxide market revenue, by grade, 2017 - 2028 (USD Million)
Table 107 Japan hydrogen peroxide market volume, by function, 2017 - 2028 (Kilotons)
Table 108 Japan hydrogen peroxide market revenue, by function, 2017 - 2028 (USD Million)
Table 109 Japan hydrogen peroxide market volume, by application, 2017 - 2028 (Kilotons)
Table 110 Japan hydrogen peroxide market revenue, by application, 2017 - 2028 (USD Million)
Table 111 Japan hydrogen peroxide market volume & revenue, 2017 - 2028 (Kilotons) (USD Million)
Table 112 South America hydrogen peroxide market volume, by grade, 2017 - 2028 (Kilotons)

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Table 113 South America hydrogen peroxide market revenue, by grade, 2017 - 2028 (USD Million)
Table 114 South America hydrogen peroxide market volume, by function, 2017 - 2028 (Kilotons)
Table 115 South America hydrogen peroxide market revenue, by function, 2017 - 2028 (USD Million)
Table 116 South America hydrogen peroxide market volume, by application, 2017 - 2028 (Kilotons)
Table 117 South America hydrogen peroxide market revenue, by application, 2017 - 2028 (USD Million)
Table 118 Middle East & Africa hydrogen peroxide market volume & revenue, 2017 - 2028 (Kilotons)
(USD Million)
Table 119 Middle east & Africa hydrogen peroxide market volume, by grade, 2017 - 2028 (Kilotons)
Table 120 Middle East & Africa hydrogen peroxide market revenue, by grade, 2017 - 2028 (USD Million)
Table 121 Middle East & Africa hydrogen peroxide market volume, by function, 2017 - 2028 (Kilotons)
Table 122 Middle East & Africa hydrogen peroxide market revenue, by function, 2017 - 2028 (USD
Million)
Table 123 Middle East & Africa hydrogen peroxide market volume, by application, 2017 - 2028
(Kilotons)
Table 124 Middle East & Africa hydrogen peroxide market revenue, by application, 2017 - 2028 (USD
Million)
Table 125 Key company categorization
Table 126 List of Key Raw Material Suppliers
Table 127 List of Key Distributors and Channel Partners
Table 128 List of End Users
Table 129 List of Key Manufacturers

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CHAPTER 01

Methodology & Scope


1.1 Market Segmentation & Scope
The global hydrogen peroxide market is segmented on the basis of grade, function, application, and
region. Based on the grade scope, the market is segmented as <30%, 30%-50%, 50%-80%, and >80%.
On the basis of function scope, the market is segmented as disinfectants, bleaching, oxidant, and others.
On the basis of application scope, the market is segmented as pulp and paper, chemicals synthesis,
wastewater treatment, mining, food and beverages, personal care, healthcare, textiles, electronics,
propulsion systems, and others. On the basis of region, the market is segmented into North America,
Europe, Asia Pacific, South America, and Middle East & Africa.

Fig.1 Global hydrogen peroxide market segmentation

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

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1.2 Market Definitions
Grade Scope:

• <30% – Includes hydrogen peroxide purity level less than 30%.


• 30%-50% – Includes hydrogen peroxide purity level between 30%-50%.
• 50%-80% – Includes hydrogen peroxide purity level between 50%-80%.
• >80% – Includes hydrogen peroxide purity level more than 80%. It is commonly known as High
Test Peroxide (HTP)

Function Scope:

• Disinfectant – Includes consumption of hydrogen peroxide in disinfectant application in


household, wastewater treatment, and healthcare and other applications.
• Bleaching – Includes consumption of hydrogen peroxide in bleaching applications across
textiles industry, food and beverages and paper & pulp industry and other applications.
• Oxidant – Includes consumption of hydrogen peroxide as an oxidizer in electronics, mining,
chemical synthesis, and other applications.
• Others – Includes consumption of hydrogen peroxide as an antiseptic in healthcare, and other
applications

Application Scope:

• Pulp and Paper– Includes consumption of hydrogen peroxide in bleaching applications across
textiles industry and paper & pulp industry.
• Chemical synthesis – Includes consumption of hydrogen peroxide in formulation of various
chemicals to be used in various other industries.
• Wastewater Treatment – Includes consumption of hydrogen peroxide in bleaching applications
across wastewater treatment and disinfecting drinking water.
• Mining – Includes consumption of hydrogen peroxide as a strong oxidizer during the mining
process.
• Food and Beverage – Includes consumption of hydrogen peroxide as a strong bleaching agent
to clean food.
• Personal Care – Includes consumption of hydrogen peroxide in the formulation of personal care
and cosmetic products.
• Healthcare – Includes consumption of hydrogen peroxide in the healthcare sector to sterilize
medical equipment and to clean wounds.

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• Textiles – Includes consumption of hydrogen peroxide in bleaching applications across textile
industry.
• Electronics – Includes consumption of hydrogen peroxide as an oxidizer across electronics
industry to manufactures semiconductor chips.
• Propulsion System – Includes consumption of hydrogen peroxide as a propellant in various
industries.
• Others – Includes consumption of hydrogen peroxide to decompose substance.

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1.3 Information Procurement

Fig.2 Information procurement

PRIMARY RESEARCH INFORMATION PROCUREMENT PURCHASED DATABASE

Primary interviews with industry experts, The stage involves the procurement of We buy access to paid databases like
freelance consultants, manufacturers, market data or related information via Hoover’s and Factiva to gain access to
distributors and resellers & system different sources & methodologies such company financials, industry information,
integrators. Interviews are largely based as primary interviews, paid and internal and industry journal publications
on tele-interviews and online surveys databases and secondary sources

SECONDARY SOURCES GVR’S INTERNAL DATABASE THIRD PARTY PERSPECTIVE

Includes government statistics published Includes historic market databases, case Analysis of investor analyst reports,
published by organizations like World studies, internal audit reports, & archives. broker reports, government quotes, key
Bank, IEEE publications, EE Times, Pertinent data such as average selling opinion leaders, research institutes &
company filings, investor documents, price, manufacturing cost, shipments etc. academic centers
whitepapers and use cases are also taken into account. We have a
dedicated team of analysts updating &
maintaining these databases

Source: Grand View Research

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1.3.1 INFORMATION ANALYSIS

Fig.3 Data analysis models

Combine Approach
Top-down
Approach

Bottom Up
Approach
Derived via commodity flow and demand / consumption models

Source: Grand View Research

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1.3.2 MARKET FORMULATION & DATA VISUALIZATION

Fig.4 Market formulation and validation

Market Formulation
‣ This step involves finalization of market numbers. This step on
an internal level is designed to manage outputs from the Data
Analysis step.
‣ Data Normalization
‣ The final market estimates and forecasts are then aligned
sent to industry experts, in-panel quality control managers for
validation.
‣ This step also entails the finalization of the report scope and
Before our research is published or data representation pattern.
finalized for clients, it goes through a
protocol of internal and external checks to Validation
ensure we deliver the highest quality of ‣ The process entails multiple levels of validation. All these
reliable, informed data and insights. We steps run in parallel and the study is forwarded for publishing
call it Multi-Level Data Validation. only if all three level render validated results.

28

Source: Grand View Research

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1.3.3 DATA VALIDATION & PUBLISHING

Fig.5 Data validating & publishing

Source: Grand View Research

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We implement a mix of primary and secondary research for our market estimate and forecast.
Secondary research forms the initial phase of our study, where we conducted extensive data mining,
referring to verified data sources such as independent studies, government and regulatory published
material, technical journals, trade magazines paid data sources. This forms the basis of our
estimates.

For forecasting, the following parameters were considered,

• Market drivers and restraints, along with their current and expected impact
• Technological scenario and expected developments
• End-use industry trends and dynamics
• Trends in consumer behavior

We assigned weights to these parameters and have quantified their market impact using weighted
average analysis, to derive an expected market growth rate.

All our estimates and forecasts were verified through exhaustive primary research with Key Industry
Participants (KIPs) which typically include,

• Market leading companies


• Raw material manufacturers
• System integrators

The key objectives of primary research are as follows,

• To validate our data in terms of accuracy and acceptability


• To gain an insight into the current market and future expectations

1.4 Research scope and assumptions


• The report provides the market value for the base year 2020 and a yearly forecast till 2028 in
terms of volume (Kilotons) and in terms of revenue (USD Million)
• Key industry dynamics, regulatory scenario, and derivatives markets are evaluated to
understand their impact on demand over the forecast period. Growth rates are estimated using
correlation, regression, and time-series analysis
• We have used a bottom-up approach for market sizing, analyzing key regional markets,
dynamics, and trends for different categories. The global market is estimated by integrating
regional markets.
• All market estimates and forecasts have been validated through primary interviews with key
industry participants

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• Inflation has not been accounted for in order to estimate and forecast the market
• Prices have been derived using quotes from manufacturers, distributors, vendors, and suppliers
in the market. The variation in the quotes obtained through different sources has been
normalized with the help of extensive primary interviews.
• Financial data is only provided for publicly listed companies
• Numbers may not add up due to rounding-off.

1.4.1 LIST TO DATA SOURCES


Some of the secondary sources used for this report
• Danish Ministry of the Environment
• American Chemistry Council (ACC)
• Centers for Disease Control and Prevention (CDCP)
• Alliance of Chemical Associations (ACA)
• International Council of Chemical Associations (ICCA)
• American Chemical Society (ACS)
• International Chemistry Association Journal of Chemical Education
• National Center for Biotechnology Information (NCBI)
• Company Annual Report
• ICIS
• U.S. EPA
• REACH
• Hoovers
• Factiva
• OneSource

Some of the Primary Sources used for this report


• Solvay
• Gujarat Alkalies & Chemicals Ltd.

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CHAPTER 02

Executive Summary

The global hydrogen peroxide market was valued at USD 1,494.6


The market is expected to be million in 2020 and is projected to reach USD 2,262.9 million by
driven by the increasing 2028, ascending at a CAGR of 5.7% from 2021 to 2028. The
consumption of disinfectants
and rising wastewater market is expected to be driven by the increasing consumption of
treatment activities globally.
hydrogen peroxide in disinfectant formulation coupled with
.
increasing wastewater treatment activities. Rapid urbanization and
industrialization in emerging countries such as India, China, are
anticipated to fuel the demand for hydrogen peroxide in various
applications. Also, the outbreak of COVID-19 has increased the
demand for a disinfectant to prevent the outbreak of coronavirus.

Disinfectant emerged as the largest and the fastest-growing

In terms of volume, the application segment due to the recent outbreak of the COVID-19
disinfectant segment is poised pandemic. This led to high demand for hydrogen peroxide in the
to reflect a volumetric CAGR of
4.8% over the forecast period. formulation of several disinfection products for personal consumer
use as well as for street and public sanitization worldwide.

The market competition is extremely high with companies engaging


The market competition is in strategic divestures and investments in project expansions.
extremely high with
Companies are also looking for strategic partnerships and
companies engaging in
strategic divestures and collaborations to improve brand image and invest in new product
investments product capacity
development. Key global industry participants include Evonik
expansion and enhancing
regional presence. Industries AG, Arkema, Gujarat Alkalies and Chemical Limited,
National Peroxide Limited, Solvay, and OCI COMPANY Ltd, among
others.

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2.1 Market Outlook
Fig.6 Global hydrogen peroxide market outlook

Application area triggers the Asia Pacific dominates the


market growth in forecast period. market demand.

High demand for the product from Heavy industrialization across


sanitization and disinfection countries such as China and India
applications on account of the are projected to boost demand for
Covid-19 outbreak is projected to hydrogen peroxide in water
drive demand growth globally over treatment application across the
the coming years. region.

Hydrogen Peroxide
Market

Disinfection application to ace The market witnesses strong


demand category of the market. presence of multinational players.

High demand for public sanitization Companies like Arkema, Solvay,


as well as personal hygiene and and National Peroxide Limited are
disinfection is projected to remain heavily investing in research &
the key contributor towards market development activities in order to
growth in the foreseeable future. manufacture a innovative and
advance products.

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual Report

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2.2 Segmental Outlook
The hydrogen peroxide market is anticipated to grow on account of increasing consumption of the
product from disinfection application as well as high demand from wastewater treatment. However,
given the pandemic situation globally, the demand for hydrogen peroxide from the cleaning
industry is observed to be rising significantly worldwide. Extensive care among consumers
regarding cleanliness and sanitization has led to high demand for disinfectants since the first
decade of 2020. However, the market is projected to reflect similar trends over the coming years
on account of increased consumer awareness.

2.3 Competitive Insights


The market is highly fragmented with the presence of a large number of highly innovative players
such as Arkema, Solvay, and National Peroxide Limited, among others. The competition is intense
as the participants engage in maintaining a customer base to have a competitive edge over each
other. Companies are adopting collaborative business strategies to increase their productivity,
provide highly regarded products to consumers, and expand their regional presence. Further, since
the intervention of the coronavirus pandemic, the demand for hydrogen peroxide increased and
global companies began increasing their production capabilities to meet the growing demand for
disinfectants and sanitizers globally.

23
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CHAPTER 03

Hydrogen Peroxide Market Variables,


Trends & Scope
3.1 Market Lineage Outlook
Growing awareness regarding hygiene has created a huge demand for disinfectant chemicals
across various countries. The demand is observed to be more prominent in the Asia Pacific
region due to the presence of a good number of offices and commercial buildings that facilitate
the need for disinfectant products along with the increasing penetration of healthcare industries.

Hydrogen peroxide is also known as dihydrogen dioxide, peroxide, hydrogen oxide, and oxydol
with the formula H2O2. It is a highly reactive colorless liquid chemical that contains hydrogen and
oxygen, slightly denser and thicker than water, having a pungent smell and irritating odor. It is
unstable and is a weaker base than water. In its purest form, hydrogen peroxide freezes at
−43°C and has a boiling point of 150.2°C.

The substance is used in surface purification, bleaching, and water disinfection on a large scale
among other applications. Hydrogen peroxide is used as an antiseptic, oxidizer, and a bleaching
agent and finds its application in a range of end-use industries including pulp & paper,
wastewater treatment, mining, personal care, healthcare, textiles, electronics, and food &
beverage.

Some of the global producers of hydrogen peroxide include Arkoma, Evonik Industries AG, Solvay,
Airedale Chemical, National Peroxide Limited, and OCI COMPANY Ltd. Players in the market are
observed to adopt various strategies in order to compete and mark their presence in the global
market. For instance, large hydrogen peroxide manufacturers tend to consolidate either by
merging or acquiring other players to gain higher profit margins or to seek the synergic effect of
combined marketing and sales. Medium to small players are more focused on diversifying their
product range. They try and reach the niche markets untapped by the global players.

24
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3.2 Penetration & Growth Prospect Mapping
Fig.7 Global hydrogen peroxide market estimates & forecast, 2017 -2028 (Kilotons) (USD Million)

2,262.9
2,159.8
2,027.3
1,906.9
1,797.6
1,698.1
1,607.5
1,494.6 1,449.9 1,525.0
1,421.9
1,274.8
2,285.1

2,504.2

2,534.3

2,488.7

2,600.6

2,722.9

2,856.3

3,002.0

3,161.1

3,334.9

3,525.0

3,733.0
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Volume (Kilotons) Revenue (USD Million)

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company
Annual Report
The global hydrogen peroxide market is anticipated to be driven by the increasing product
demand in the production of sanitization and disinfection products in manufacturing industry.
After the recent pandemic outbreak of COVID-19, the demand for disinfectants including
institutional as well as residential disinfection products has grown exponentially. This has led to
the high demand for various disinfection chemicals including hydrogen peroxide across the world,
and the trend is likely to continue until the COVID-19 crisis subside.

Rapid urbanization and growing consumer awareness regarding preventive healthcare have
resulted in consumers spending more on disinfectants. Furthermore, increasing literacy rates
and rising awareness among consumers regarding workplace hygiene have augmented the
penetration of disinfectants in various places including office, hospital, malls, shopping centers
etc.

In developing countries such as China and India, quantity over quality wins. Consumers prefer
cheaper but highly effective disinfectants over high-performance natural ingredient-based
disinfectants. Thus, the demand for hydrogen peroxide-based disinfectants is expected to surge
over the forecast period. However, rising concerns regarding the harmful effects of hydrogen
peroxide compounds on human health have propelled the use of bio-based and sustainable
chemicals. The shifting focus toward bio-based chemicals can hamper the demand for hydrogen
peroxide over the forecast period.

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3.3 Market Dynamics
Fig.8 Global hydrogen peroxide market dynamics

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual Report

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3.3.1 MARKET DRIVER ANALYSIS

Fig.9 Hydrogen peroxide market driver impact analysis, 2017 - 2028

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

3.3.1.1 INCREASING DEMAND FROM DISINFECTION APPLICATIONS


Hydrogen peroxide is majorly used as a disinfectant and is robustly used for formulating disinfectant
products for outdoor and indoor applications. During the recent COVID-19 outbreak, the World Health
Organization (WHO) declared mass sanitization protocols, and hydrogen peroxide is a key component in
surface disinfection product formulations. The recommended concentration level of the compound was
marked at 3%.

Chemical companies and other international hygiene product manufacturers expanded their
disinfectant product manufacturing capacities to meet the increasing demand globally. Furthermore,
the U.S. Environmental Protection Agency (EPA) declared a list of 55 products & formulations that could
be utilized as surface disinfectants, among which 47 products had hydrogen peroxide as a key
component in their product compositions. Hydrogen peroxide acts as a strong disinfectant against an
array of fungi, bacteria, and viruses. The compound is also extensively used for water disinfection in
swimming pools and overhead water tanks.

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With the gradual reopening of various public business spaces such as corporate offices, shopping malls,
recreation centers, and restaurant joints since the third quarter of 2020, the demand for public place
sanitization and disinfection has been growing significantly. Hydrogen peroxide is used in a mixture of
2.5 parts of water with 0.5 part of hydrogen peroxide and is typically sprayed on surfaces for
disinfection with the aid of jetting machines. These factors are projected to boost the demand for
hydrogen peroxide over the coming years as the product is widely used in disinfection applications
across the globe.

3.3.1.2 RISING FOCUS ON WATER TREATMENT


Hydrogen peroxide has been in use in various water treatment applications since decades, wherein it is
utilized for water disinfection purposes. Countries such as the U.S., Germany, Italy, France, and other
European countries have been utilizing hydrogen peroxide for drinking water treatment applications as
well as for disinfecting other commonly used water sources such as water tanks and swimming pools
due to its cost-effectiveness, easy availability, safe utilization, and effective disinfecting properties.

The increasing world population has led to the high demand for clean water supply for everyday
residential as well as commercial consumption. The demand for hydrogen peroxide has, therefore,
grown significantly over the past decades across the globe. Furthermore, with the increase in
disposable income among the population across developing as well as developed economies, the
demand for indoor swimming pools has also risen. These factors are cumulatively projected to boost the
demand for hydrogen peroxide in water treatment and disinfection applications globally over the
forecast period.

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3.3.2 MARKET RESTRAINT ANALYSIS

Fig.10 Hydrogen peroxide market restraint impact analysis, 2017 - 2028

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

3.3.2.1 TOXICITY CONCERNS OF THE PRODUCT


Hydrogen peroxide in powder or solution form causes irritation to the skin, eyes, nose, vomiting, burns,
or blisters upon contact with the substance. Skin contact and ingestion produce injury to the exposed
tissues. Further, exposure to the substance in vapor form causes cough, edema of the airway and lungs,
and burning of the throat, nose, and eyes.

The compound also has the potential to cause tissue damage due to its acidic nature. The substance is
a commonly utilized bleach in household cleaning and disinfectant products and, therefore, the
handling and movement of the product is recommended to be done as per protocols issued by various
government health agencies and regulatory bodies. Being a corrosive compound, the consumption of
hydrogen peroxide may be restricted across few developed economies over the coming years.

3.3.3 INDUSTRY CHALLENGES


Sustainable production along with regulatory compliance

► Manufacturers face such challenges owing to additional investments made by them to


meet all the government regulatory norms

► Determining reliable sources of raw material and optimizing supply chain efficiency

► Identifying reliable feedstock suppliers and developing strong & long-term relationships
with them to maintain uninterrupted raw material supply and avoid fluctuations in product
prices

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Technological challenges
► Hydrogen peroxide is produced by the auto-oxidation process using anthraquinol along
with catalyst. To use such technologies for commercial and large-scale production, a
significant amount of investment is required from manufacturers to scale up and upgrade
the downstream processing to make an impact in the market.

► The aforementioned factor poses a significant challenge for small players or new entrants
as established market players use their own patented technologies. Therefore, developing
new technologies and competing with other global players becomes tough and challenging
for small/new players.

Partnerships pivotal
► Mergers & acquisitions and collaborations are some of the key developmental strategies
adopted by the global players to explore the untapped markets and compete with local
players that have a competitive advantage of better reach to the local consumers.
Therefore, looking out for right partnerships with feedstock producers, suppliers,
distributors, or just local manufacturers and achieving success out of it poses as a
significant challenge to the global players.

3.4 Impact of COVID-19


The current situation has generated numerous growth opportunities for the manufacturers of hydrogen
peroxide. As the U.S., India, Brazil, Russia, Peru, Colombia, South Africa, Mexico, Spain, and Argentina
among others are the most severely affected countries by COVID-19, the demand for several types of
disinfectants has increased massively in order to contain the spread of the infection through community
spread. Sprayers and large tanks filled with these products are being used across hospitals and several
other public places in these countries to curb the spread of the virus.

The COVID-19 pandemic has led to the rise in the demand for sanitizing and disinfecting products,
which, in turn, has positively affected hydrogen peroxide market. The demand for disinfecting products
skyrocketed during the months of March and April 2020; the product demand in the following months
also remained high with categories such as sanitizers, disinfectants, and bleaches.

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The government bodies across the world are providing financial aids as well as regulatory support to
manufacturers to increase the production of disinfectants to meet the growing demand. With the
disruption of the supply chain and growing trade uncertainties, some countries have proclaimed to
momentarily allow producers to procure raw materials from the unlisted agencies. Companies are also
heavily investing to improve production, logistics, and quality of their existing products. The increasing
demand for disinfectants is, in turn, anticipated to boost the growth of hydrogen peroxide market in the
coming years.

3.5 Highly Concentrated Hydrogen Peroxide


3.5.1 MARKET POTENTIAL AND FUTURE GROWTH PROSPECTS
The hydrogen peroxide market is expected to advance at a significant growth rate over the forecast
period. The increasing use of hydrogen peroxide in manufacturing disinfectants is expected to fuel the
market growth over the forecast period due to its antimicrobial properties to kill bacteria, viruses, and
other microbes. The outbreak of COVID-19 across the globe has resulted in a huge surge in the demand
for disinfectant products as they help contain the spread of the virus.

Multiple standard operating procedures (SOPs) have been issued by various governments across the
globe to sanitize the commercial places such as offices, railway stations, airports, bus stands, hospitals,
schools, hotels, malls, retail stores among others as well as private spaces at definite intervals to
subside the impact of the coronavirus spread. Moreover, the growing awareness regarding personal
hygiene is one of the major factors to increase the penetration of disinfectants in the market. Therefore,
the demand for disinfectants is expected to grow significantly.

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3.5.2 PROMINENT MANUFACTURERS FOR HIGHLY CONCENTRATED FORM
Highly concentrated form are those forms with hydrogen peroxide concentration above 70%.
Following is the list of highly concentrated form manufacturers.

Manufacturers Product Grade Presence Contact Details

Evonik Industries AG
35%, 50%, 30%, Rellinghauser Straße 1—11
50%, 60%, and 45128 Essen
Evonik Industries AG above 70% Global Germany
concentrated of
hydrogen peroxide Tel: +49 201 177-01,
+49 201 177-3475 Email: info@evonik.com

30%, 50% and


above 70%
MItsubishi Chemicals Global Tel: +81 3-6748-7300
concentrated of
hydrogen peroxide

30%-40%, 50%-
94, Sogong-ro, Jung-gu, Seoul,
60%, and 60%-70%
OCI COMPANY Ltd. Global
concentrated of 100-718, South Korea
hydrogen peroxide

35%, 50%, 60%,


Hidrojen Peroksit San. and 70% Hidrojen Peroksit A.Ş. 600 Evler Mah. Atatürk Cad. No:80
Global
ve Tic. A.Ş. concentrated of 10200 Bandırma/Balıkesir
hydrogen peroxide

25%, 30%, 35%, Carretera de Olzinelles, S/N


50%, 60%, and
Arkema 70% concentrated Global 08470 Sant Celoni (Barcelona)
of hydrogen Spain
peroxide

35%, 50%, 60% Neville House, J.N.Heredia Marg, Ballard Estate,


National Peroxide and 70% Mumbai – 400001
Global
Limited concentrated of
hydrogen peroxide Tel: +91 - 22 - 22618071

3.5.3 MANUFACTURING AND TECHNOLOGY RELATED TRENDS


Hydrogen peroxide is commercially produced through the autoxidation process. This process is easy to
operate, efficiently uses the raw materials, and helps reduce the carbon footprint. The autoxidation
process involves four stages, viz., hydrogenation of an anthraquinone (first stage), oxidation of the
resultant anthraquinone (second stage), extraction of hydrogen peroxide solution (third stage), and
purification and concentration (fourth stage).

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In the first stage, 2-ethyl anthraquinone solution is mixed in a solvent system containing polar solvent and
non-polar hydrocarbon. The suspension of palladium or nickel-based catalyst is hydrogenated using
hydrogen gas after the reduction of 2-ethyl anthraquinone. Further, the catalyst is recycled or removed by
filtration. In the second stage, 2-ethyl anthraquinone solution is oxidized by air into hydroperoxide, which
reacts with water to reform 2-ethyl anthraquinone and a dilute solution of hydrogen peroxide is produced.
In the third stage, water is added to extract peroxide having 40% hydrogen peroxide.

A solvent layer is recycled to the hydro generation unit for further reaction. The last stage involves the
purification and concentration of hydrogen peroxide. In this stage, aqueous hydrogen peroxide solution is
treated with solvents and air to remove the residual of quinone and solvents and produce standard 40%
concentration hydrogen peroxide solution. To produce a higher grade of hydrogen peroxide solution,
vacuum concentration or distillation is done again to get a higher concentration.

3.5.4 PATENT ANALYSIS

Patent No. Assignee/Inventor Abstract


The present invention relates to a method for the
preparation of hydrogen peroxide through a continuous
process, extracting hydrogen peroxide produced from the
reduction and oxidation of a working solution and
recycling the oxidized working solution back to the
reduction process, wherein the composition of the
Do Sun Baik, Se In working solution, i.e., the composition of 2-
Yang, Tae Hee Shin, alkylanthraquinone and 2-tetrahydroalkylanthraquinone
US8158100B2 Kyung Keun Yoo, Rae is optimized to increase the solubility of the quinones and
Sung Chung, Deok Yun to improve the reaction rate. The working solution
Kim, and Yong Il Kim comprises 2-alkylanthraquinone, 2-
tetrahydroalkylanthraquinone, and an organic solvent,
wherein 65-95 mol % of the alkyl group of 2-
alkylanthraquinone and 2-tetrahydroalkylanthraquinone
is amyl and the remaining 5-35 mol % of the alkyl group
is ethyl; and the molar ratio of 2-alkylanthraquinone to 2-
tetrahydroalkylanthraquinone is from 4:6 to 1:9.
A process is disclosed concerning the manufacture of
hydrogen peroxide by the so-called anthraquinone
process (AO-process) and concerning the improvement of
an essential process step of said AO-process, i.e., an
Dominique Vandenberg, improvement of the hydrogenation step. The inventive
WO1999040024A1 Jean-Pierre Ganhy, and hydrogenation step of the AO-process is carried out in a
Noël VANLAUTEM conventional hydrogenation reactor containing a fixed
bed of the hydrogenation catalyst by passing a foaming
mixture, which is formed of the anthraquinone containing
working solution and the hydrogenating gas, downwards
through the fixed-bed catalyst.

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stabilized basic aqueous hydrogen peroxide composition
is disclosed. The composition contains about 0.3 wt % to
about 15 wt % of hydrogen peroxide; water; and a
stabilizer system that contains about 10 ppm to about
1% of a stannate stabilizer; 10 ppm to about 1% of a
Xue Wang, and Keith phosphonic acid chelating agent or a mixture of
US7169237B2
Robert Genco phosphonic acid chelating agents; and 10 ppm to about
1% of an aromatic chelating agent or a mixture of
aromatic chelating agents. The composition comprises
less than about 10 ppm pyrophosphate, preferably no
pyrophosphate; and has a pH greater than 7.0, preferably
about 8.0 to 10.5.
The present invention is directed to a stabilized hydrogen
peroxide solution containing stabilizers that maintain
relatively high hydrogen peroxide stability in both
concentrated form and when formulated into a cleaning
solution that has a pH above 6 and contains components
that normally would have a destabilizing effect on the
David J. Bonislawski,
US8802613B2 hydrogen peroxide. The stabilizers include first cyclic
and David C. Lovetro
amino methane diphosphonic acid compound stabilizer
in combination with a second phosphonic acid-based
stabilizer (different from the cyclic amino methane
diphosphonic acid compound), wherein the weight ratio
of the first stabilizer to the second stabilizer is at least
about 2:1.
Pradeep Kumar
MAMIDPELLIWAR,
Ravindranath KAJJAM,
Radhakrishna
MADABHUSHI, Ashutosh
UGLE, Shobha Rajendra
PATHAK, Vijaya An improved process for the production of concentrated
Garikapati MURTHY, aqueous solutions of hydrazine hydrate by ketazine
Thyagarajan Srinivasan, method is described. In particular, it describes the
Gannoji VEERAIAH, preparation of hydrazine hydrate by ketazine method
WO2018065997A1 Shyam Sunder using 50-70% hydrogen peroxide, recyclable solid
MAMILLA, Vanka Uma acetamide, and ammonium acetate activator for ketazine
Maheshwara SARMA, formation and catalyst-free hydrolysis of ketazine to give
Parthasaradhy aqueous solutions of hydrazine hydrate in an energy-
YELLAMRAJU, Sunil efficient manner.
Sinha, Manish Babulal
Shah, Nikhilkumar
Navinchandra SHAH,
Shailesh Ashabhai
PATEL, and Gautam
Punjabhai PATEL

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Activated hydrogen peroxide disinfecting compositions
are provided especially for low-foaming applications. A
concentrate for dilution by an end-user is provided, which
includes a hydrogen peroxide source, a non-surfactant
organic sulfonic acid or salt thereof, a non-ionic
surfactant, and an optional organic acid. Also provided is
Deqing Lei, and Philip ready-to-use hydrogen peroxide, disinfectant solution
WO2016044607A1
Gerdon Sweeny including a biocidal amount of hydrogen peroxide, non-
surfactant organic sulfonic acid or salt thereof, a non-
ionic surfactant, water as solvent, and an optional
organic acid. An end-user can disinfect a surface of
microorganisms by contacting the surface with the
disinfecting composition for an amount of time effective
to kill most of the microbes located on the surface.
An explosive composition comprising hydrogen peroxide
and a sensitizer, wherein the sensitizer comprises a
compressible material having one or more gas-filled voids
and/or bubbles of gas. The sensitizer is included in a
detonation-sensitive concentration, and the explosive
composition is preferably adapted to retain the sensitizer
WO2013013272A1 Miguel ARAOS
in a substantially homogenous dispersion throughout.
The invention also relates to a method of preparing an
explosive composition comprising combining hydrogen
peroxide and a sensitizer, wherein the sensitizer
comprises a compressible material and/or bubbles of
gas and use of the said explosive composition.

3.5.5 RESEARCH & DEVELOPMENT INITIATIVES


• In December 2020, a research published by ACS Publications covered a new green methodology for
sustainable production of hydrogen peroxide using the electrochemical method. The research was
aimed to come up with an alternate production method to the existing direct synthesis method and
the auto-oxidation method, which are unsustainable and riskier.

• In October 2019, Massachusetts Institute of Technology students have developed a new


inexpensive and portable device to manufacture hydrogen peroxide from air, water, and electricity.
This device was developed to meet the increasing demand for hydrogen peroxide in remote areas.

• In January 2019, the Mechanical and Aerospace Engineering Department, Utah State University,
U.S., conducted research to develop a high-performing hybrid rocket system that incorporates 90%
hydrogen peroxide and 3-D printable thermoplastic materials.

• In September 2018, Researchers from the Technical University of Munich and other institutions
developed a new method to produce hydrogen peroxide using chemical catalysis. This research was
conducted to reduce the complexity of producing hydrogen peroxide via the autoxidation process.

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3.5.6 CHALLENGES
Major challenges face by the manufacturers of high-grade hydrogen peroxide are as follows:
1. Investment cost and working capital – A lot of investment is required to acquire land to set up a
manufacturing facility for producing high-grade hydrogen peroxide. An adequate amount of cash
in hand is required to meet the daily expense like labor wages, electricity bills, repair, and
maintenance expenses, among others.

2. Raw materials: One of the major challenges faced by the manufacturers of hydrogen peroxide is
to find a suitable raw materials supplier near the manufacturing plant location as it helps to
save the transportation cost and uninterrupted supply of raw material.

3. Plant Machinery and Equipment: High-grade hydrogen peroxide manufacturing equipment is


quite complex and expensive; thus, a lot of capital is required to purchase the manufacturing
plant and other required equipment.

4. Laboratory Instruments: Well-established laboratory setup is required along with well-qualified


and experienced professionals to test the grade and quality of hydrogen peroxide.

5. Regulatory Compliance: Hydrogen peroxide of more than 8% concentration is regarded as a


hazardous substance by the regulatory bodies. There are codes that regulate the storage,
transportation, and usage condition of hydrogen peroxide. A considerable amount of paperwork
is involved while dealing with hydrogen peroxide.

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3.5.7 REGIONAL DEMAND ANALYSIS
Hydrogen peroxide market is recognized by the movement of end-use marketspaces globally. Given the
Covid-19 pandemic worldwide, the demand for personal care products and healthcare systems
skyrocketed paving way for higher demand for hydrogen peroxide.

Fig.11 Hydrogen peroxide consumption pattern, by region, 2017 – 2028, (Kilotons)

2028 83.4 34.3 276.8 84.4 12.5


2027 81.5 34.0 259.7 80.4 12.1
2026 79.7 33.8 244.1 76.7 11.8
2025 77.9 33.5 229.8 73.3 11.6
2024 76.3 33.3 216.8 70.2 11.3
2023 74.8 33.1 204.8 67.4 11.1
2022 73.4 33.0 193.9 64.8 10.9
2021 72.1 32.8 183.9 62.4 10.7
2020 70.8 32.7 174.7 60.2 10.5
2019 74.4 34.7 176.7 61.8 11.0
2018 74.6 35.5 173.2 61.6 11.1
2017 70.4 33.4 156.9 56.7 10.4

North America Europe Asia Pacific Central America Middle East & Africa

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

North America and Asia Pacific recorded the highest consumption of hydrogen peroxide from 2020 and
the trend is likely to remain the same due to increasing healthcare facilities across key economies of
these regions. Further, increasing personal care product consumption across Europe is poised to reflect
hefty demand for hydrogen peroxide over the foreseeable future.

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CHAPTER 04

Hydrogen Peroxide Market: Grade Estimates


& Trend Analysis
4.1 Grade Movement Analysis & Market Share, 2020 & 2028

Fig.12 Hydrogen peroxide market volume, by grade, 2020 & 2028, (Kilotons)

564.0
>80%
403.8

488.9
50%-80%
333.8

615.3
30%-50%
403.7

2,064.9
<30%
1,347.3

2028 2020

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Inves tor Presentation, Company Annual
Report

4.2 Market Size & Forecasts and Trend Analysis, 2017 to 2028 for the following:
4.2.1 <30%
Table 1 Global hydrogen peroxide market volume & revenue, in <30% , 2016 - 2028, (Kilotons) (USD
Million)

CAGR
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Volume 1,226.9 1,348.9 1,367.9 1,347.3 1,411.8 1,482.2 1,559.1 1,643.0 1,734.7 1,835.0 1,944.7 2,064.9 4.5%

Revenue 481.1 533.9 564.5 550.5 579.5 611.3 646.3 684.7 727.0 773.4 824.6 865.0 4.9%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

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<30% hydrogen peroxide is a type of chemical having an oxygen and oxygen single bond; it is the
simplest-grade peroxide. This grade of hydrogen peroxide is classified as a class 1 oxidizer. Hydrogen
peroxide less than 8% concentration is regarded as a non-hazardous substance according to the U.S.
Department of Transportation (DOT). Hydrogen peroxide less than 30% is used as an oxidizer and a
bleaching agent in several industries including paper & pulp, textiles, water treatment, healthcare,
personal care, food & beverage, and others. However, the concentration used in each industry varies as
per requirement. For instance, to make the hydrogen peroxide-based disinfectant only 3%-6% of pure
hydrogen peroxide is mixed with other materials.

Some of the manufacturers of <30% hydrogen peroxide are listed below.

Manufacturers Presence

Airedale Chemical Global

National Peroxide Limited Global

Evonik Industries AG Global

Arkema Global

4.2.2 30%-50%
Table 2 Global hydrogen peroxide market volume & revenue, in 30%-50%, 2017 - 2028, (Kilotons) (USD
Million)

CAGR
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Volume 368.8 404.9 410.3 403.7 422.7 443.4 466.0 490.7 517.8 547.4 579.8 615.3 4.4%

Revenue 334.1 375.3 395.0 381.7 402.1 424.5 449.2 476.4 506.3 539.2 575.6 603.5 4.8%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

30%-50% hydrogen peroxide is a colorless, clear liquid. It is classified as a corrosive liquid and class 2
oxidizer. Upon contact, it causes severe irritation to the skin, eyes, and mucous membranes of the
mouth & respiratory tract. In the liquid form, it is commonly used as a laboratory reagent, and as a
sterilizer in the vapor form as an alternative to formaldehyde & ethylene oxide. It is stored in a dark,
cool, and dry place with a well-ventilated area in light-resistant and tightly sealed containers.

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Some of the manufacturers of 30%-50% hydrogen peroxide are listed below.

Manufacturers Presence

Airedale Chemical Global

National Peroxide Limited Global

Evonik Industries AG Global

Arkema Global

Solvay Global

Aditya Birla Chemicals Asia Pacific

United Chemical Company India

4.2.3 50%-80%
Table 3 Global hydrogen peroxide market volume & revenue, in 50%-80%, 2017 - 2028, (Kilotons) (USD
Million)

CAGR
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Volume 309.1 337.7 340.7 333.8 347.7 363.0 379.6 397.8 417.7 439.3 463.0 488.9 3.9%

Revenue 220.5 246.2 263.5 252.9 265.7 279.9 295.4 312.6 331.4 352.2 375.2 389.4 4.5%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

50%-80% hydrogen peroxide is a non-combustible liquid used as an oxidizing agent for numerous
organic and inorganic compounds. The byproduct of hydrogen peroxide reaction is water. It is denser
than water but miscible in water in all proportions or amounts. 50%-80% hydrogen peroxide is classified
as corrosive, class 3 oxidizer, and reactive substances. Hydrogen peroxide of this concentration (50%-
80%) is generally used for specialty chemical processes. Hydrogen peroxide of concentration above
70% is used as a rocket propellant.

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Some of the manufacturers of 50%-80% hydrogen peroxide are listed below.

Manufacturers Presence

OCI COMPANY Ltd. Global

National Peroxide Limited Global

Evonik Industries AG Global

Arkema Global

Solvay Global

Gujarat Alkalies and Chemical Limited Global

Taekwang Industrial, CO., LTD. Global

4.2.4 >80%
Table 4 Global hydrogen peroxide market volume & revenue, in >80%, 2017 - 2028, (Kilotons) (USD
Million)

CAGR
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Volume 380.3 412.8 415.3 403.8 418.4 434.3 451.6 470.4 490.9 513.2 537.5 564.0 3.3%

Revenue 239.1 266.5 271.7 264.8 277.7 291.8 307.1 323.9 342.3 362.4 384.4 405.0 4.4%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

Hydrogen peroxide of concentration above 80% is classified as a class 4 oxidizer, class 3 active, and
corrosive substance. It is mainly used as a rocket propellant or fuel because it has high density,
negative heat of formation, and high percentage of available oxygen. 90% Hydrogen peroxide is found to
be more stable than 70% hydrogen peroxide because of low concentration of water. More than 80%
concentration grade of hydrogen peroxide is also used in electronic integrated circuits (ICs) and some
other military uses.

According to the Globally Harmonized System of Classification and Labelling of Chemicals (GHS)
precautionary statement, this grade of hydrogen peroxide is prescribed to use only outdoors or in an
area with proper ventilation to avoid any hazardous event with proper protective equipment including
eye wear, face wear, and gloves. Hydrogen peroxide of concentration between 85%-98% is labeled as
high-test peroxide (HTP).

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Some of the manufacturers of >80% hydrogen peroxide are listed below.

Manufacturers Presence

Evonik Industries AG Global

Mitsubishi Chemicals Global

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CHAPTER 05

Global Hydrogen Peroxide Market: Function


Estimates & Trend Analysis
5.1 Function Movement Analysis & Market Share, 2020 & 2028

Fig.13 Hydrogen peroxide market revenue, by function, 2020 & 2028, (Kilotons)

297.3
Others
212.9

1,180.8
Oxidant
776.8

1,324.9
Bleaching
905.2

930.0
Disinfectant
593.8

2028 2020

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

5.2 Market Size & Forecasts and Trend Analysis, 2017 to 2028 for the following:
5.2.1 DISINFECTANT
Table 5 Global hydrogen peroxide market volume & revenue, in disinfectant, 2017 - 2028 (Kilotons)
(USD Million)

CAGR
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Volume 536.8 591.5 601.3 593.8 623.9 656.9 692.8 732.1 775.0 822.1 873.5 930.0 4.8%

Revenue 306.6 344.2 362.8 354.0 374.2 396.4 420.9 447.7 477.3 509.9 545.9 575.0 5.2%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

The global hydrogen peroxide market is majorly driven due to the product’s increasing consumption in
the formulation of disinfectants as the product exhibits microbicidal properties. Typically, only 3% of
hydrogen peroxide is mixed with water to be used as a disinfectant. Hydrogen peroxide is largely utilized
to clean and disinfect various residential floors and indoor components such as slabs and glass.

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It is also used for the sanitization of public places including benches, buildings, streets, and commercial
space decors. In addition, the product is utilized in industrial as well as residential water treatment
applications as a safe disinfectant when used under the recommended dosage. With the recent
outbreak of COVID-19 on a global scale, the demand for hydrogen peroxide increased manifolds due to
its recommended utilization as a key component in cleaning and disinfection product formulations.

5.2.2 BLEACHING
Table 6 Global hydrogen peroxide market volume & revenue, in bleaching, 2017 - 2028 (Kilotons) (USD
Million)

CAGR
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Volume 837.8 915.4 924.6 905.2 943.0 984.3 1,029.4 1,078.6 1,132.3 1,190.9 1,255.0 1,324.9 3.9%

Revenue 460.7 512.0 538.0 519.9 545.1 572.7 603.0 636.2 672.7 712.7 756.8 789.7 4.4%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

Hydrogen peroxide is commonly used as a bleaching agent in industries such as detergent, paper &
pulp, textiles, personal care, and electronics, wherein the hydrogen peroxide concentration in all
compositions varies with the pH levels. Hydrogen peroxide acts as a bleaching agent because of the
release of nascent oxygen during the reaction.

In textiles industry, bleaching properties and conditions vary depending on the type of fabric in use,
machinery in use, and degree of whiteness required. Hydrogen peroxide is also used in the formulation
of detergents and other household products. It is used to whiten fabrics remove stains and brighten the
color. Hydrogen peroxide bleach is more environment-friendly than chlorine-based bleaches like sodium
hypochlorite. However, the concentrations of the compound with respect to water are recommended
and monitored by various agencies as high concentration bleaches cause severe damage to human
health.

5.2.3 OXIDANT
Table 7 Global hydrogen peroxide market volume & revenue, in oxidant, 2017 - 2028 (Kilotons) (USD
Million)

CAGR
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Volume 708.4 777.7 789.8 776.8 813.1 852.8 896.0 943.3 994.9 1,051.4 1,113.2 1,180.8 4.4%

Revenue 401.6 448.5 472.2 459.0 483.7 510.9 540.7 573.5 609.5 649.2 692.9 727.9 4.9%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

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Hydrogen peroxide is a strong oxidizer as it can oxidize other substances easily or accept their electrons.
It is a strong oxidizer than potassium permanganate, chlorine, and chlorine dioxide and odors in waste
treatment systems and wastewater collection systems. It is also used in glow sticks as an oxidizing
agent, it reacts with phenyl oxalate ester and forms an unstable carbon dioxide dimer that causes the
added dye to reach the desired state. Hydrogen peroxide (H2O2) is a natural metabolite of numerous
organisms, which decompose the H2O2 they produce into oxygen and water. Hydrogen peroxide oxidizer
is regarded environment-friendly as it does not release any gas or chemical residues in the environment
like chemical oxidizers. However, being a strong oxidizer, it needs special handling precautions.

5.2.4 OTHERS
Table 8 Global hydrogen peroxide market volume & revenue, in others, 2017 - 2028 (Kilotons) (USD
Million)

CAGR
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Volume 202.2 219.6 218.6 212.9 220.5 228.9 238.0 248.0 258.8 270.5 283.4 297.3 3.3%

Revenue 105.9 117.2 121.7 117.0 122.0 127.5 133.6 140.2 147.4 155.4 164.1 170.3 3.8%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

Hydrogen peroxide is used as an antiseptic and anti-bacterial agent. It is used to kill bacteria by
destroying their cell walls and helps clean a wound, soften ear wax, swollen gums, canker sores, and
whiten teeth. From hospitals to dentists' clinics, hydrogen peroxide is used in the treatment and
sterilizing medical equipment. However, rising awareness regarding the mild side effect of hydrogen
peroxide, i.e., it slows the healing process, and the increasing popularity of better-smelling over-the-
counter products are the major concerns that may restrain the product demand in the coming years.

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CHAPTER 06

Hydrogen Peroxide Market: Application


Estimates & Trend Analysis
6.1 Hydrogen peroxide application movement analysis & market share, 2020 & 2028
(Kilotons) (USD Million)

Fig.14 Hydrogen peroxide market volume share by application, 2020 & 2028 (Kilotons)

Others 28.17
20.47

Propulsion Systems 47.92


33.94

Electronics 146.80
93.89

Textiles 351.07
257.93

Healthcare 255.44
153.70

Personal Care 281.88


174.06

Food & Beverage 196.29


123.83

Mining 60.55
48.29

Wastewater Treatment 320.31


203.60

Chemical Synthesis 805.63


527.14

Pulp & Paper 1,238.92


851.82

2028 2020

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

6.2 Market Size & Forecasts and Trend Analysis, 2017 to 2028 for the following:
6.2.1 PULP AND PAPER
Table 9 Global hydrogen peroxide market volume & revenue, in pulp & paper, 2017 - 2028 (Kilotons)
(USD Million)

CAGR
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Volume 790.75 863.38 870.72 851.82 886.77 924.91 966.52 1,011.91 1,061.43 1,115.48 1,174.48 1,238.92 3.8%

Revenue 437.4 485.8 509.4 492.1 515.6 541.4 569.7 600.8 634.9 672.4 713.5 744.3 4.3%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

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In the pulp and paper industry, hydrogen peroxide is used as a bleaching agent mainly for bleaching
cellulose, bleaching wood pulp, and recycling wastepaper & de-inking. The consumption of hydrogen
peroxide has significantly increased in the pulp and paper industry as it improves paper quality,
increases the yield of wood mass, and helps to lower the production cost. Moreover, hydrogen peroxide
is eco-friendly and does not release harmful substances under normal conditions of temperature and
pressure.

According to an article published by Paperex (Internationally renowned business platform for Exhibition
& Conference on Pulp, Paper, & Allied Industries), Indian pulp and paper products market is expected to
reach USD 13.4 billion by 2024. Thus, increasing demand for pulp and paper products in the market
subsequently boosts the demand for hydrogen peroxide. However, inclination toward digital documents
and changing work from the home norms have led to a decline in paper consumption, which is expected
to hamper the demand for hydrogen peroxide over the forecast period.

6.2.2 CHEMICAL SYSTHESIS


Table 10 Global hydrogen peroxide market volume & revenue, in chemical synthesis, 2017 - 2028
(Kilotons) (USD Million)

CAGR
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Volume 480.71 528.03 535.53 527.14 552.16 579.47 609.29 641.87 677.46 716.39 758.99 805.63 4.5%

Revenue 269.6 301.5 317.4 308.7 325.5 343.9 364.1 386.3 410.8 437.7 467.4 491.0 5.0%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

In the chemical manufacturing industry, hydrogen peroxide is used as an oxidizing agent because of its
low molecular weight and superior efficiency and effect compared to other oxidizing agents such as
dichromate or potassium permanganate. Due to the ability to easily dissolve in several solvents, it is
widely used in the chemical manufacturing industry. According to United Nations Environment
Programme on Global Chemical Outlook, March 2019 report, the global chemical production capacity
almost doubled from 1.2 to 2.3 billion tons from 2000–2017 while the global chemical sales were USD
5.68 trillion in 2017 and expected to almost double by 2030.

The increasing use of chemicals in various industries such as pharmaceuticals, food & beverages,
leather, plastics, electronics, construction, textiles, and paint is a key growth driver for hydrogen
peroxide in the global chemicals industry. The increasing demand for chemicals in the market has
benefited the demand for hydrogen peroxide in chemical synthesis. However, increasing awareness
regarding the benefits of organic chemicals is expected to restrain the product growth over the forecast
period.

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6.2.3 WASTEWATER TREATMENT
Table 11 Global hydrogen peroxide market volume & revenue, in wastewater treatment, 2017 - 2028
(Kilotons) (USD Million)

CAGR
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Volume 183.64 202.48 206.07 203.60 214.06 225.48 237.95 251.59 266.50 282.82 300.70 320.31 4.8%

Revenue 103.9 116.6 123.1 120.2 127.2 134.9 143.3 152.6 162.9 174.1 186.6 196.8 5.3%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

The depleting water level necessitates the need for wastewater treatment. In the wastewater treatment
industry, hydrogen peroxide is used as a bleaching agent to disinfect the water to rid it off harmful
bacteria, viruses, and other pathogens. In wastewater treatment, typically 35% or 50% concentration of
hydrogen peroxide is used. Growing wastewater treatment activities due to rapidly increasing population
and growing use of water in various industries coupled with depleting freshwater reserves around the
globe are expected to cumulatively increase the demand for hydrogen peroxide in the market over the
forecast period.

For instance, in the U.S., hydrogen peroxide is frequently used to treat individual water supplies as it
prevents taste, color, corrosion, and micro-organism degradation. According to Infrastructure Report
Card, 2021, the U.S. has over 16,000 wastewater treatment plants and currently, about 62.5 billion
gallons of wastewater are being treated every day to meet the water demand. Thus, increasing demand
for wastewater activities boosts the demand for hydrogen peroxide over the forecast period. However,
stringent government regulations regarding wastewater treatment activities can hamper the growth of
hydrogen peroxide in the market.

6.2.4 MINING
Table 12 Global hydrogen peroxide market volume & revenue, in mining, 2017 - 2028 (Kilotons) (USD
Million)

CAGR
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Volume 46.99 50.51 50.18 48.29 49.43 50.67 52.02 53.48 55.06 56.76 58.59 60.55 2.0%

Revenue 25.1 27.4 28.4 26.9 27.7 28.5 29.5 30.5 31.6 32.8 34.1 34.8 2.3%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

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In the mining industry, hydrogen peroxide is used as a strong oxidant because of its ability to breakdown
and destroy cyanide (poisonous chemical) as well as the oxygen source. It is also used in ore leaching.
For the past few years, hydrogen peroxide is being used in the extraction of precious metals like gold,
uranium, and others.

According to Evonik Industries AG, a German chemical manufacturing company, the use of hydrogen
peroxide during the extraction process increases the amount of metal extraction from ores and helps to
easily remove impurities. The increasing demand for metals in various end-use applications such as
technologies, electronics, and others subsequently increase the demand for hydrogen peroxide in the
mining industry.

6.2.5 FOOD & BEVERAGES


Table 13 Global hydrogen peroxide market volume & revenue, in food & beverages, 2017 - 2028
(Kilotons) (USD Million)

CAGR
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Volume 111.31 122.96 125.18 123.83 130.32 137.40 145.15 153.61 162.87 173.00 184.11 196.29 4.9%

Revenue 63.1 71.0 74.9 73.3 77.6 82.3 87.6 93.3 99.6 106.6 114.3 120.7 5.4%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

In the food and beverages industry, hydrogen peroxide is used to bleach and clean food to improve
color. It is also used to sterilize aseptic packaging containers to improve product shelf life and remove
unwanted substances like sulfur dioxide. Hydrogen peroxide also helps to purify food products. The food
and beverage industry is considered vital for economic growth. According to a report by the U.S
Committee for Economic Development, in March 2017, the food and beverage industry constituted
approximately 27,000 companies; this sector contributes nearly 5% to the country’s GDP.

The revenue from the U.S. food and beverage segment was estimated to be USD 15,409 million in
2020 which is expected to grow at a CAGR of 7.9% from 2020 to 2024. Thus, the rising demand for
food and beverages due to the increasing population and shifting preference for ready-to-eat meals
boost the requirement of hydrogen peroxide in the food and beverages industry over the forecast
period. However, increasing awareness regarding organic products with high nutritional value can be
expected to affect the demand for hydrogen peroxide in the market.

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6.2.6 PERSONAL CARE
Table 14 Global hydrogen peroxide market volume & revenue, in personal care, 2017 - 2028 (Kilotons)
(USD Million)

CAGR
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Volume 155.27 171.79 175.48 174.06 183.70 194.23 205.74 218.32 232.09 247.18 263.73 281.88 5.2%

Revenue 88.6 99.9 105.7 103.7 110.1 117.2 124.9 133.5 142.9 153.4 164.9 174.5 5.7%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

In the personal care and cosmetics industry, hydrogen peroxide is used in a number of face and body
care products. Hydrogen peroxide is used to lighten and treat acne scars, brighten discolored nails, age
spots, soften heels, and eliminate foot odor. It is also used in mouthwashes, toothpaste, and hair dyes
and to clean makeup brushes. The rapidly increasing population and growing popularity of personal
care and cosmetic products among youth is further expected to fuel the consumption of hydrogen
peroxide over the forecast period.

According to Statista, the global cosmetics and personal care industry amount to USD 511,401 million
in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 4.75% from 2021–2025.
An increase in consumer disposable income, hygiene awareness, and significant consumption of hair
care, cosmetics, and skincare products are prominent factors that are likely to support the development
of personal care industry. Thus, hydrogen peroxide is widely used in the personal and cosmetics
industry for manufacturing various products; the increasing consumption of these products would
subsequently increase the demand for hydrogen peroxide in the market.

6.2.7 HEALTHCARE
Table 15 Global hydrogen peroxide market volume & revenue, in healthcare, 2017 - 2028 (Kilotons)
(USD Million)

CAGR
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Volume 135.59 150.64 154.41 153.70 162.78 172.70 183.54 195.40 208.39 222.64 238.27 255.44 5.6%

Revenue 78.1 88.3 93.7 92.2 98.2 104.9 112.2 120.2 129.1 138.9 149.8 159.0 6.0%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

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In the healthcare sector, hydrogen peroxide is used as an antiseptic to clean wounds, sterilize medical
equipment, and disinfectant to prevent the spread of infection. Healthcare-associated infections are still
a major problem. In 2019, according to a survey by the Centers for Disease Control and Prevention
(CDC), 3% of hospitalized patients in the U.S. witnessed having one or more healthcare-associated
infections. However, the increasing awareness regarding maintaining a hygienic atmosphere has
increased the demand for disinfectants in the healthcare sector to clean, sterilize medical devices, and
hospital surfaces. Moreover, the outbreak of COVID-19 is anticipated to contribute to the growth of
hydrogen peroxide-based disinfectants over the forecast period.

6.2.8 TEXTILES
Table 16 Global hydrogen peroxide market volume & revenue, in textiles, 2017 - 2028 (Kilotons) (USD
Million)

CAGR
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Volume 244.78 265.30 265.70 257.93 266.42 275.67 285.76 296.73 308.66 321.64 335.74 351.07 3.0%

Revenue 133.1 146.6 152.9 146.4 152.2 158.5 165.4 172.9 181.2 190.2 200.1 206.6 3.4%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

In the textiles industry, hydrogen peroxide is used bleach fibers including cotton, wool, linen, silk, and
rayon. The demand for hydrogen peroxide in the textile industry is expected to increase over the
forecast period due to the increasing demand for textile products in the market. The textile market was
estimated at USD 24.50 billion in 2020 and it is expected to grow at a CAGR of 5% from 2021–2028.
The increasing use of textile in various applications such as healthcare, construction, and automotive
along with changing lifestyles is a major driver for the growth of the textile market. Thus, the growing
demand for textile products in the market boosts the demand for eco-friendly bleach (hydrogen
peroxide) over the forecast period.

6.2.9 ELECTRONICS
Table 17 Global hydrogen peroxide market volume & revenue, in electronics, 2017 - 2028 (Kilotons)
(USD Million)

CAGR
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Volume 84.88 93.52 95.10 93.89 98.63 103.81 109.47 115.65 122.42 129.81 137.92 146.80 4.8%

Revenue 47.9 53.8 56.7 55.3 58.5 62.0 65.8 70.0 74.7 79.8 85.4 90.0 5.3%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

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In the electronic industry, hydrogen peroxide is used as an oxidizing agent. Mainly high grade (above
65% concentration) of hydrogen peroxide is used in the electronics industry. During the production of
printed circuit boards, it is used as a mordant. It is also used as a cleaning and oxidizing agent during
the manufacturing of semiconductor chips. Semiconductor chips are used in various electronic devices
like laptops, mobiles, personal computers, television sets, and transistors. The rising demand for
electronic devices due to rising disposable income and changing lifestyles is expected to increase the
demand for hydrogen peroxide in the electronics industry.

6.2.10 PROPULSION SYSTEM


Table 18 Global hydrogen peroxide market volume & revenue, in propulsion system, 2017 - 2028
(Kilotons) (USD Million)

CAGR
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Volume 31.82 34.63 34.81 33.94 35.20 36.59 38.09 39.74 41.53 43.48 45.60 47.92 3.4%

Revenue 17.5 19.3 20.2 19.4 20.3 21.2 22.3 23.4 24.6 26.0 27.5 28.5 3.9%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

Hydrogen peroxide is used as a propellant in propulsion systems. Hydrogen peroxide of high grade,
typically between 70%–98%, is used as a propellant in helicopters, stream turbines, submarines,
satellites, and others. Earlier hydrazine is used as a propellant but due to its toxic nature, it requires
extensive safety precautions while loading and operation. The growing demand for eco-friendly and
green propellants in the market is expected to increase the demand for hydrogen peroxide-based
propellants over the forecast period.

6.2.11 OTHERS
Table 19 Global hydrogen peroxide market volume & revenue, in others, 2017 - 2028 (Kilotons) (USD
Million)

CAGR
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Volume 19.37 20.98 21.09 20.47 21.17 21.94 22.77 23.68 24.66 25.73 26.90 28.17 3.1%

Revenue 10.6 11.7 12.2 11.7 12.2 12.7 13.3 13.9 14.6 15.3 16.2 16.7 3.6%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

Hydrogen peroxide being ecologically friendly finds in decomposition of substance. One example is the
Advanced Oxidation Process (AOP), through which toxic substances are decomposed using hydroxyl
radicals. Some technological processes also use hydrogen peroxide to decrease their harmful
environmental impact.

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CHAPTER 07

Hydrogen Peroxide Market: Regional


Estimates & Trend Analysis
7.1 Regional Movement Analysis & Market Share, 2020 & 2028

Fig.15 Hydrogen peroxide market volume share by region, 2020 & 2028 (Kilotons)

Middle East 42.6


34.3

Central America 84.4


60.2

Asia Pacific 1,386.4


880.5

Europe 741.4
538.0

North America 1,478.3


975.6

2028 2020

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

7.2 Market Size & Forecasts and Trend Analysis, 2017 to 2028 for the following:
7.2.1 NORTH AMERICA
Table 20 North America hydrogen peroxide market volume & revenue, 2017 - 2028 (Kilotons) (USD
Million)

CAGR
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Volume 892.3 979.2 992.2 975.6 1,020.8 1,070.1 1,124.0 1,182.8 1,247.0 1,317.3 1,394.1 1,478.3 5.3%

Revenue 473.1 516.6 566.1 537.2 566.6 599.1 635.0 674.7 718.6 767.1 820.9 839.0 5.7%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

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The North American market is expected to exhibit an increase in demand for hydrogen peroxide over the
forecast period due to increasing awareness about personal hygiene in households and commercial
spaces due to the spread of COVID-19. As per an article published by Fortune, Lysol, a disinfectant
brand of Reckitt, has shown a 70% increment in sales in North America in the first half of 2020.

The increase in sales was evident in the form of Reckitt’s 24% rise in the FTSE-100 index. The company
has also expanded its product portfolio with the introduction of Lysol as a laundry sanitizer in the
market. All the above-mentioned factors show a rise in demand for disinfectants and related products in
the market. Thus, rising demand for disinfectants in North America is expected to subsequently boost
the requirement of hydrogen peroxide.

Table 21 North America hydrogen peroxide market volume, by grade, 2017 - 2028 (Kilotons)

CAGR
Grade 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

<30% 575.9 635.5 645.9 638.1 670.5 705.9 744.6 786.9 833.1 883.7 939.2 1,000.0 5.8%
30%-
94.6 103.3 104.1 101.9 106.2 110.8 115.8 121.3 127.3 133.9 141.0 148.8 4.8%
50%
50%-
151.5 165.8 167.7 164.8 172.0 180.0 188.7 198.3 208.7 220.0 232.5 246.1 5.1%
80%
>80% 70.4 74.6 74.4 70.8 72.1 73.4 74.8 76.3 77.9 79.7 81.5 83.4 2.1%

Total 892.3 979.2 992.2 975.6 1,020.8 1,070.1 1,124.0 1,182.8 1,247.0 1,317.3 1,394.1 1,478.3 5.3%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Pre sentation, Company Annual
Report

Table 22 North America hydrogen peroxide market revenue, by grade, 2017 - 2028 (USD Million)

CAGR
Grade 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

<30% 128.5 134.0 149.5 143.1 152.2 162.3 173.4 185.8 199.5 214.7 231.6 234.9 6.4%
30%-
164.6 183.7 199.7 188.9 198.5 209.2 220.9 233.8 248.2 264.0 281.4 288.8 5.5%
50%
50%-
136.5 151.3 165.4 156.9 165.5 175.0 185.5 197.0 209.8 224.0 239.7 246.1 5.8%
80%
>80% 43.5 47.5 51.4 48.3 50.4 52.7 55.3 58.1 61.1 64.5 68.2 69.2 4.6%

Total 473.1 516.6 566.1 537.2 566.6 599.1 635.0 674.7 718.6 767.1 820.9 839.0 5.7%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

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Table 23 North America hydrogen peroxide market volume, by function, 2017 - 2028 (Kilotons)

CAGR
Function 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Disinfectant 192.3 212.6 217.0 214.9 226.5 239.1 252.9 268.1 284.6 302.7 322.6 344.4 6.1%

Bleaching 342.7 375.1 379.1 371.8 388.0 405.6 424.9 446.0 469.0 494.1 521.5 551.5 5.1%

Oxidant 273.5 300.3 304.5 299.7 313.8 329.2 346.0 364.4 384.5 406.5 430.6 456.9 5.4%

Others 83.8 91.2 91.6 89.2 92.5 96.1 100.0 104.3 108.9 114.0 119.5 125.4 4.3%

Total 892.3 979.2 992.2 975.6 1,020.8 1,070.1 1,124.0 1,182.8 1,247.0 1,317.3 1,394.1 1,478.3 5.3%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

Table 24 North America hydrogen peroxide market revenue, by function, 2017 - 2028 (USD Million)

CAGR
Function 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Disinfectant 106.9 117.3 129.5 123.7 131.3 139.7 149.0 159.4 170.8 183.5 197.6 203.1 6.4%

Bleaching 178.1 194.1 212.1 200.6 210.9 222.3 234.9 248.8 264.1 281.0 299.8 305.3 5.4%

Oxidant 147.1 160.7 176.3 167.5 177.0 187.4 198.9 211.6 225.6 241.2 258.5 264.5 5.9%

Others 41.0 44.5 48.2 45.4 47.5 49.7 52.2 55.0 58.1 61.4 65.1 66.1 4.8%

Total 473.1 516.6 566.1 537.2 566.6 599.1 635.0 674.7 718.6 767.1 820.9 839.0 5.7%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

Table 25 North America hydrogen peroxide market volume, by application, 2017 - 2028 (Kilotons)

CAGR
Application 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)
Pulp &
319.8 349.6 353.0 345.8 360.5 376.5 394.0 413.1 433.9 456.6 481.4 508.6 4.9%
Paper
Chemical
183.5 201.8 205.0 202.1 211.9 222.7 234.5 247.4 261.4 276.8 293.7 312.1 5.6%
Synthesis
Wastewater
67.5 74.5 76.0 75.2 79.2 83.6 88.4 93.6 99.3 105.6 112.4 120.0 6.0%
Treatment
Mining 21.7 23.3 23.0 22.1 22.6 23.1 23.6 24.2 24.8 25.5 26.2 27.0 2.5%
Food &
40.5 44.9 45.8 45.5 47.9 50.7 53.6 56.9 60.5 64.4 68.6 73.3 6.2%
Beverages
Personal
54.8 60.7 62.2 61.8 65.4 69.3 73.6 78.2 83.4 89.0 95.1 101.9 6.4%
Care
Healthcare 46.0 51.5 53.1 53.2 56.7 60.5 64.7 69.3 74.3 79.8 85.9 92.5 7.2%

Textiles 105.7 114.8 115.2 112.1 116.0 120.4 125.1 130.2 135.8 141.8 148.4 155.6 4.2%

Electronics 31.5 34.7 35.4 35.0 36.8 38.8 41.0 43.4 46.0 48.8 51.9 55.4 5.9%
Propulsion
13.3 14.5 14.6 14.2 14.8 15.4 16.0 16.8 17.5 18.4 19.3 20.4 4.6%
Systems
Others 8.1 8.8 8.9 8.6 8.8 9.1 9.5 9.8 10.2 10.6 11.1 11.6 3.8%

Total 319.8 349.6 353.0 345.8 360.5 376.5 394.0 413.1 433.9 456.6 481.4 508.6 5.3%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

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Table 26 North America hydrogen peroxide market revenue, by application, 2017 - 2028 (USD Million)

CAGR
Application 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)
Pulp &
168.3 183.1 199.9 189.0 198.6 209.3 221.0 233.9 248.2 263.9 281.4 286.5 5.3%
Paper
Chemical
97.8 107.0 117.5 111.8 118.2 125.3 133.1 141.8 151.4 162.0 173.7 178.0 6.0%
Synthesis
Wastewater
36.3 39.8 43.9 42.0 44.6 47.4 50.6 54.1 57.9 62.2 67.0 68.9 6.4%
Treatment
Mining 11.0 11.7 12.5 11.6 11.9 12.3 12.6 13.1 13.5 14.0 14.5 14.4 2.8%
Food &
21.9 24.1 26.6 25.4 27.0 28.8 30.7 32.9 35.3 38.0 40.9 42.1 6.5%
Beverages
Personal
29.7 32.7 36.3 34.8 37.1 39.6 42.5 45.6 49.1 52.9 57.2 59.0 6.8%
Care
Healthcare 25.4 28.2 31.4 30.4 32.6 35.1 37.8 40.9 44.2 48.0 52.2 54.2 7.5%

Textiles 54.9 59.4 64.4 60.4 63.1 66.0 69.2 72.7 76.5 80.8 85.4 86.3 4.6%

Electronics 16.9 18.5 20.4 19.5 20.7 22.0 23.4 25.0 26.8 28.7 30.9 31.8 6.3%

Propulsion
6.9 7.5 8.2 7.7 8.1 8.5 8.9 9.4 10.0 10.6 11.2 11.4 5.0%
Systems
Others 4.2 4.5 4.9 4.6 4.8 5.0 5.2 5.5 5.8 6.1 6.4 6.5 4.3%

Total 473.1 516.6 566.1 537.2 566.6 599.1 635.0 674.7 718.6 767.1 820.9 839.0 5.7%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

7.2.1.1 U.S.
Table 27 U.S. hydrogen peroxide market volume & revenue, 2017 - 2028 (Kilotons) (USD Million)

CAGR
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Volume 812.0 890.0 900.9 884.8 924.8 968.4 1,016.1 1,068.0 1,124.8 1,186.9 1,254.7 1,329.0 5.2%

Revenue 412.3 466.1 507.0 480.5 506.2 534.6 566.0 600.6 638.8 681.1 728.0 751.2 5.7%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

The demand for hydrogen peroxide in the U.S. is mainly driven by textile, food processing, and
disinfectant-based applications. According to Commerce Department’s Office of Textiles & Apparel
(OTEXA), the U.S. imports of textiles have considerably declined in 2020. This decline shows that there
was a decrease in the production of finished textile goods in the U.S. over the last few months.

A decline of 32% and in terms of value, USD 6 billion in imports in July 2020 as compared to the same
quarter last year indicates a steep fall in the country’s imports. This major decline is due to the spread
of COVID-19 virus coupled with low purchasing power due to decrease in income levels. However, a V-
shaped recovery is expected once the COVID-19 subsides and the demand for hydrogen peroxide in
textile industry increases as the market condition improves gradually.

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The growth of the U.S. disinfectant market owing to the increased public awareness of protection
against viruses and pathogens and increased general awareness regarding personal and public hygiene
is expected to fuel the demand for hydrogen peroxide over the forecast period. Similarly, the expected
growth of food processing industry is also likely to boost the demand for hydrogen peroxide over the
forecast period. The U.S. Association for Packaging and Processing Technologies has predicted in March
2016, a progress of 2.9% CAGR over the forecast period. This growth is attributed to changing lifestyle
and growing preference for ready-to-eat meals coupled with increasing urbanization. However,
increasing demand for organic chemical-based food can restrain the market growth.

Table 28 U.S. hydrogen peroxide market volume, by grade, 2017 - 2028 (Kilotons)

CAGR
Grade 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

<30% 523.6 577.3 586.0 578.3 607.0 638.3 672.5 709.9 750.8 795.5 844.4 898.1 5.7%
30%-
86.2 94.0 94.6 92.6 96.3 100.4 104.8 109.7 115.0 120.8 127.1 134.0 4.7%
50%
50%-
137.9 150.8 152.3 149.5 155.9 163.0 170.7 179.2 188.4 198.4 209.4 221.4 5.0%
80%
>80% 64.4 68.0 67.9 64.5 65.6 66.7 68.0 69.3 70.7 72.2 73.8 75.5 2.0%

Total 812.0 890.0 900.9 884.8 924.8 968.4 1,016.1 1,068.0 1,124.8 1,186.9 1,254.7 1,329.0 5.2%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

Table 29 U.S. hydrogen peroxide market revenue, by grade, 2017 - 2028 (USD Million)

CAGR
Grade 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

<30% 88.5 100.8 110.4 105.4 111.9 119.0 126.9 135.6 145.3 156.0 167.9 174.4 6.5%
30%-
158.3 178.5 193.7 183.1 192.4 202.6 213.9 226.4 240.2 255.4 272.3 280.2 5.5%
50%
50%-
126.3 142.8 155.4 147.4 155.4 164.2 174.0 184.7 196.6 209.8 224.4 231.7 5.8%
80%
>80% 39.3 44.0 47.5 44.6 46.6 48.8 51.2 53.8 56.7 59.9 63.5 64.9 4.8%

Total 412.3 466.1 507.0 480.5 506.2 534.6 566.0 600.6 638.8 681.1 728.0 751.2 5.7%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

Table 30 U.S. hydrogen peroxide market volume, by function, 2017 - 2028 (Kilotons)

CAGR
Function 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Disinfectant 174.3 192.4 196.2 194.1 204.4 215.6 227.8 241.2 255.8 271.8 289.3 308.6 6.0%

Bleaching 311.8 340.9 344.1 337.1 351.4 367.0 384.1 402.7 422.9 445.1 469.3 495.7 4.9%

Oxidant 248.6 272.7 276.2 271.5 283.9 297.5 312.3 328.5 346.2 365.6 386.7 409.9 5.3%

Others 77.3 84.0 84.3 82.1 85.1 88.3 91.9 95.7 99.9 104.4 109.4 114.8 4.3%

Total 812.0 890.0 900.9 884.8 924.8 968.4 1,016.1 1,068.0 1,124.8 1,186.9 1,254.7 1,329.0 5.2%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

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Table 31 U.S. hydrogen peroxide market revenue, by function, 2017 - 2028 (USD Million)

CAGR
Function 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Disinfectant 92.6 105.3 115.3 110.0 116.7 124.0 132.2 141.1 151.1 162.1 174.4 181.0 6.4%

Bleaching 155.4 175.1 189.8 179.3 188.3 198.2 209.2 221.2 234.6 249.3 265.6 273.1 5.4%

Oxidant 128.0 144.9 157.8 149.7 157.9 167.0 177.0 188.1 200.3 213.9 228.9 236.5 5.9%

Others 36.4 40.8 44.1 41.4 43.3 45.3 47.6 50.1 52.8 55.9 59.2 60.5 4.9%

Total 412.3 466.1 507.0 480.5 506.2 534.6 566.0 600.6 638.8 681.1 728.0 751.2 5.7%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

Table 32 U.S. hydrogen peroxide market volume, by application, 2017 - 2028 (Kilotons)

CAGR
Application 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)
Pulp &
291.3 318.1 320.8 313.9 326.9 341.1 356.5 373.4 391.8 411.8 433.8 457.7 4.8%
Paper
Chemical
166.9 183.3 186.0 183.2 191.9 201.4 211.8 223.2 235.7 249.2 264.1 280.4 5.5%
Synthesis
Wastewater
61.3 67.6 68.9 68.1 71.7 75.5 79.8 84.4 89.4 95.0 101.0 107.6 5.9%
Treatment
Mining 19.9 21.3 21.0 20.2 20.6 21.0 21.5 22.0 22.6 23.1 23.8 24.5 2.4%
Food &
36.8 40.8 41.5 41.1 43.4 45.8 48.4 51.3 54.4 57.9 61.7 65.8 6.1%
Beverages
Personal
49.7 55.0 56.3 55.9 59.1 62.5 66.3 70.4 75.0 79.9 85.4 91.3 6.3%
Care
Healthcare 41.7 46.5 48.0 48.0 51.1 54.5 58.2 62.3 66.7 71.6 76.9 82.8 7.0%

Textiles 96.5 104.7 104.9 101.9 105.4 109.2 113.4 117.9 122.8 128.2 134.0 140.3 4.1%

Electronics 28.6 31.5 32.1 31.7 33.3 35.1 37.0 39.1 41.4 43.9 46.7 49.7 5.8%

Propulsion
12.1 13.2 13.2 12.9 13.4 13.9 14.5 15.2 15.9 16.6 17.4 18.3 4.5%
Systems
Others 7.4 8.0 8.1 7.8 8.0 8.3 8.6 8.9 9.2 9.6 10.0 10.4 3.7%

Total 812.0 890.0 900.9 884.8 924.8 968.4 1,016.1 1,068.0 1,124.8 1,186.9 1,254.7 1,329.0 5.2%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

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Table 33 U.S. hydrogen peroxide market revenue, by application, 2017 - 2028 (USD Million)

CAGR
Application 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)
Pulp &
146.8 165.4 179.2 169.2 177.6 186.9 197.1 208.4 220.8 234.6 249.8 256.8 5.3%
Paper
Chemical
85.1 96.5 105.2 99.9 105.5 111.7 118.6 126.1 134.5 143.7 154.0 159.2 6.0%
Synthesis
Wastewater
31.5 35.9 39.3 37.5 39.7 42.2 45.0 48.0 51.4 55.2 59.3 61.6 6.4%
Treatment
Mining 9.6 10.6 11.3 10.4 10.7 11.0 11.3 11.7 12.1 12.5 13.0 13.0 2.8%
Food &
19.0 21.7 23.8 22.7 24.1 25.6 27.3 29.2 31.3 33.7 36.2 37.7 6.5%
Beverages
Personal
25.8 29.5 32.4 31.0 33.1 35.3 37.7 40.5 43.5 46.8 50.6 52.7 6.8%
Care
Healthcare 22.0 25.3 28.0 27.1 29.0 31.2 33.6 36.2 39.2 42.4 46.1 48.3 7.5%

Textiles 48.0 53.7 57.8 54.2 56.5 59.0 61.8 64.9 68.2 71.9 76.0 77.5 4.6%

Electronics 14.7 16.7 18.3 17.4 18.4 19.6 20.8 22.2 23.8 25.5 27.4 28.4 6.3%

Propulsion
6.1 6.8 7.4 6.9 7.2 7.6 8.0 8.4 8.9 9.4 10.0 10.2 5.0%
Systems
Others 3.7 4.1 4.4 4.1 4.3 4.5 4.7 4.9 5.1 5.4 5.7 5.8 4.3%

Total 412.3 466.1 507.0 480.5 506.2 534.6 566.0 600.6 638.8 681.1 728.0 751.2 5.7%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annu al
Report

7.2.1.2 CANADA
Table 34 Canada hydrogen peroxide market volume & revenue, 2017 - 2028 (Kilotons) (USD Million)

CAGR
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Volume 46.8 51.9 53.1 52.7 55.6 58.9 62.4 66.2 70.5 75.1 80.2 85.7 6.3%

Revenue 19.8 32.4 37.8 36.2 38.6 41.1 44.0 47.2 50.7 54.6 58.9 51.8 4.6%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

The demand for hydrogen peroxide in the Canadian pulp and paper industry is expected to get affected
owing to a decline in overall weak global demand and because of wood fiber supply chain challenges.
According to the article published by Annex Business Media in January 2021. The pulp and paper
manufacturing saw a decline of 7.9% from 2018 and it is expected to decline further also. Moreover,
wood pulp production has decreased by 4.9% from 2018–2019. The overall consumption of pulp and
paper is expected to remain low over the forecast period. Therefore, the demand for hydrogen peroxide
is expected to remain in the paper and pulp industry.

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However, the increase in hygiene awareness in the country is likely to propel the demand for
disinfectants in the Canadian market in the near future. Health Canada, a department of the
Government of Canada, has taken measures to facilitate licensing and sales of disinfectants owing to
unprecedented demand for the same as stated via an official release. The growth is expected to sustain
over the forecast period owing to the increased awareness of personal hygiene after the global
pandemic. Thus, the demand for hydrogen peroxide is expected to grow over the forecast period.

Table 35 Canada hydrogen peroxide market volume, by grade, 2017 - 2028 (Kilotons)

CAGR
Grade 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

<30% 30.4 33.8 34.7 34.6 36.7 39.0 41.5 44.2 47.3 50.6 54.2 58.2 6.7%
30%-
4.9 5.4 5.5 5.5 5.8 6.1 6.4 6.7 7.1 7.6 8.0 8.5 5.7%
50%
50%-
7.9 8.8 9.0 8.9 9.3 9.9 10.4 11.1 11.7 12.5 13.3 14.2 6.1%
80%
>80% 3.6 3.9 3.9 3.7 3.9 4.0 4.1 4.2 4.3 4.5 4.6 4.8 3.0%

Total 46.8 51.9 53.1 52.7 55.6 58.9 62.4 66.2 70.5 75.1 80.2 85.7 6.3%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

Table 36 Canada hydrogen peroxide market revenue, by grade, 2017 - 2028 (USD Million)

CAGR
Grade 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

<30% 12.9 21.3 24.9 24.0 25.7 27.5 29.5 31.8 34.3 37.1 40.2 35.5 5.0%
30%-
2.1 3.4 3.9 3.7 3.9 4.2 4.5 4.7 5.1 5.4 5.8 5.1 4.0%
50%
50%-
3.3 5.5 6.4 6.1 6.5 6.9 7.3 7.8 8.4 9.0 9.7 8.5 4.3%
80%
>80% 1.4 2.3 2.6 2.4 2.5 2.6 2.7 2.8 2.9 3.0 3.1 2.6 1.0%

Total 19.8 32.4 37.8 36.2 38.6 41.1 44.0 47.2 50.7 54.6 58.9 51.8 4.6%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

Table 37 Canada hydrogen peroxide market volume, by function, 2017 - 2028 (Kilotons)

CAGR
Function 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Disinfectant 10.5 11.7 12.1 12.1 12.9 13.7 14.6 15.6 16.7 17.9 19.3 20.8 7.0%

Bleaching 18.2 20.1 20.5 20.3 21.4 22.6 23.9 25.3 26.8 28.5 30.4 32.4 6.0%

Oxidant 14.4 16.0 16.4 16.3 17.2 18.2 19.3 20.6 21.9 23.4 25.0 26.7 6.4%

Others 3.7 4.0 4.1 4.0 4.1 4.3 4.5 4.8 5.0 5.3 5.5 5.8 5.0%

Total 46.8 51.9 53.1 52.7 55.6 58.9 62.4 66.2 70.5 75.1 80.2 85.7 6.3%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

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Table 38 Canada hydrogen peroxide market revenue, by function, 2017 - 2028 (USD Million)

CAGR
Function 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Disinfectant 4.7 7.7 9.1 8.7 9.4 10.0 10.8 11.6 12.6 13.6 14.8 13.1 5.2%

Bleaching 7.6 12.4 14.4 13.8 14.7 15.6 16.6 17.8 19.1 20.5 22.0 19.3 4.3%

Oxidant 6.1 10.1 11.8 11.3 12.0 12.9 13.8 14.8 15.9 17.1 18.5 16.3 4.7%

Others 1.4 2.2 2.5 2.4 2.5 2.7 2.8 3.0 3.1 3.3 3.5 3.1 3.1%

Total 19.8 32.4 37.8 36.2 38.6 41.1 44.0 47.2 50.7 54.6 58.9 51.8 4.6%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtr ade, Investor Presentation, Company Annual
Report

Table 39 Canada hydrogen peroxide market volume, by application, 2017 - 2028 (Kilotons)

CAGR
Application 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)
Pulp &
16.7 18.4 18.8 18.6 19.5 20.6 21.7 23.0 24.4 25.9 27.5 29.3 5.9%
Paper
Chemical
9.7 10.7 11.0 11.0 11.6 12.3 13.1 13.9 14.8 15.8 17.0 18.2 6.5%
Synthesis
Wastewater
3.6 4.0 4.1 4.1 4.4 4.6 5.0 5.3 5.7 6.1 6.5 7.0 6.9%
Treatment
Mining 1.1 1.2 1.2 1.1 1.2 1.2 1.3 1.3 1.3 1.4 1.4 1.5 3.3%
Food &
2.2 2.4 2.5 2.5 2.6 2.8 3.0 3.2 3.4 3.7 4.0 4.3 7.0%
Beverages
Personal
2.9 3.3 3.4 3.4 3.6 3.9 4.2 4.5 4.8 5.2 5.6 6.0 7.4%
Care
Healthcare 2.5 2.8 2.9 3.0 3.2 3.4 3.7 4.0 4.3 4.7 5.1 5.5 8.1%

Textiles 5.5 6.0 6.1 5.9 6.2 6.5 6.8 7.2 7.5 7.9 8.4 8.8 5.1%

Electronics 1.7 1.9 1.9 1.9 2.0 2.2 2.3 2.5 2.6 2.8 3.0 3.2 6.9%

Propulsion
0.7 0.8 0.8 0.8 0.8 0.8 0.9 0.9 1.0 1.0 1.1 1.2 5.5%
Systems
Others 0.4 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.6 0.6 0.6 0.7 5.0%

Total 46.8 51.9 53.1 52.7 55.6 58.9 62.4 66.2 70.5 75.1 80.2 85.7 6.3%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

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Table 40 Canada hydrogen peroxide market revenue, by application, 2017 - 2028 (USD Million)

CAGR
Application 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)
Pulp &
7.0 11.4 13.3 12.7 13.4 14.3 15.2 16.2 17.4 18.7 20.1 17.6 4.2%
Paper
Chemical
4.1 6.7 7.9 7.6 8.1 8.6 9.3 10.0 10.7 11.6 12.5 11.0 4.8%
Synthesis
Wastewater
1.5 2.5 3.0 2.9 3.1 3.3 3.5 3.8 4.1 4.5 4.9 4.3 5.2%
Treatment
Mining 0.4 0.7 0.8 0.7 0.8 0.8 0.8 0.9 0.9 0.9 1.0 0.8 1.5%
Food &
0.9 1.5 1.8 1.7 1.9 2.0 2.2 2.3 2.5 2.7 3.0 2.6 5.3%
Beverages
Personal
1.3 2.1 2.5 2.4 2.6 2.8 3.0 3.2 3.5 3.8 4.2 3.7 5.6%
Care
Healthcare 1.1 1.8 2.2 2.1 2.3 2.5 2.7 2.9 3.2 3.5 3.8 3.4 6.3%

Textiles 2.3 3.7 4.2 4.0 4.2 4.4 4.7 5.0 5.3 5.6 6.0 5.2 3.4%

Electronics 0.7 1.2 1.4 1.3 1.4 1.5 1.6 1.8 1.9 2.1 2.2 2.0 5.1%

Propulsion
0.3 0.5 0.5 0.5 0.5 0.6 0.6 0.7 0.7 0.7 0.8 0.7 3.8%
Systems
Others 0.2 0.3 0.3 0.3 0.3 0.3 0.4 0.4 0.4 0.4 0.5 0.4 3.4%

Total 19.8 32.4 37.8 36.2 38.6 41.1 44.0 47.2 50.7 54.6 58.9 51.8 4.6%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

7.2.1.3 MEXICO
Table 41 Mexico hydrogen peroxide market volume & revenue, 2017 - 2028 (Kilotons) (USD Million)

CAGR
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Volume 33.5 37.2 38.2 38.0 40.3 42.8 45.5 48.5 51.8 55.3 59.3 63.6 6.6%

Revenue 41.0 18.1 21.3 20.4 21.8 23.4 25.1 27.0 29.1 31.4 34.0 36.0 7.3%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

Trends in Mexico hydrogen peroxide market are driven by trends in the food processing and disinfectant
market. A recent survey conducted in Mexico, in March 2020 revealed that since the COVID-19
outbreak, there was a 27% increase in the sales of surface cleaners and disinfectant products and a
21% increase in the sales of antibacterial disinfectants. These numbers highlight an increase in the
demand for personal hygiene products and consequently the demand for hydrogen peroxide. Thus, the
hydrogen peroxide market is expected to witness high growth over the forecast period.

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Table 42 Mexico hydrogen peroxide market volume, by grade, 2017 - 2028 (Kilotons)

CAGR
Grade 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

<30% 21.9 24.4 25.2 25.2 26.8 28.6 30.6 32.7 35.1 37.7 40.5 43.6 7.1%
30%-
3.5 3.9 3.9 3.9 4.1 4.4 4.6 4.9 5.2 5.5 5.9 6.3 6.1%
50%
50%-
5.6 6.3 6.4 6.4 6.7 7.1 7.6 8.1 8.6 9.2 9.8 10.5 6.4%
80%
>80% 2.4 2.6 2.6 2.5 2.6 2.7 2.8 2.8 2.9 3.0 3.1 3.2 2.8%

Total 33.5 37.2 38.2 38.0 40.3 42.8 45.5 48.5 51.8 55.3 59.3 63.6 6.6%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

Table 43 Mexico hydrogen peroxide market revenue, by grade, 2017 - 2028 (USD Million)

CAGR
Grade 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

<30% 27.0 12.0 14.2 13.7 14.7 15.8 17.0 18.4 19.9 21.6 23.5 25.0 7.8%
30%-
4.2 1.9 2.2 2.1 2.2 2.4 2.5 2.7 2.9 3.1 3.3 3.5 6.8%
50%
50%-
6.9 3.0 3.6 3.4 3.6 3.9 4.2 4.5 4.8 5.2 5.6 5.9 7.1%
80%
>80% 2.8 1.2 1.4 1.3 1.3 1.4 1.4 1.5 1.5 1.6 1.6 1.6 3.2%

Total 41.0 18.1 21.3 20.4 21.8 23.4 25.1 27.0 29.1 31.4 34.0 36.0 7.3%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation , Company Annual
Report

Table 44 Mexico hydrogen peroxide market volume, by function, 2017 - 2028 (Kilotons)

CAGR
Function 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Disinfectant 7.5 8.4 8.7 8.7 9.2 9.9 10.5 11.3 12.1 13.0 14.0 15.1 7.2%

Bleaching 12.7 14.1 14.4 14.3 15.1 16.0 17.0 18.0 19.2 20.5 21.9 23.4 6.3%

Oxidant 10.4 11.6 11.9 11.9 12.7 13.5 14.4 15.3 16.4 17.6 18.9 20.3 6.9%

Others 2.9 3.2 3.2 3.2 3.3 3.5 3.6 3.8 4.0 4.3 4.5 4.8 5.3%

Total 33.5 37.2 38.2 38.0 40.3 42.8 45.5 48.5 51.8 55.3 59.3 63.6 6.6%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

Table 45 Mexico hydrogen peroxide market revenue, by function, 2017 - 2028 (USD Million)

CAGR
Function 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Disinfectant 9.7 4.3 5.1 4.9 5.3 5.6 6.1 6.6 7.1 7.7 8.4 8.9 7.8%

Bleaching 15.1 6.7 7.8 7.5 8.0 8.5 9.1 9.7 10.5 11.3 12.2 12.9 7.0%

Oxidant 13.0 5.7 6.8 6.5 7.0 7.5 8.1 8.7 9.4 10.2 11.0 11.7 7.6%

Others 3.2 1.4 1.6 1.6 1.6 1.7 1.8 2.0 2.1 2.2 2.4 2.5 6.0%

Total 41.0 18.1 21.3 20.4 21.8 23.4 25.1 27.0 29.1 31.4 34.0 36.0 7.3%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

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Table 46 Mexico hydrogen peroxide market volume, by application, 2017 - 2028 (Kilotons)

CAGR
Application 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)
Pulp &
11.8 13.1 13.4 13.3 14.0 14.9 15.7 16.7 17.8 18.9 20.2 21.6 6.2%
Paper
Chemical
6.9 7.7 8.0 8.0 8.4 9.0 9.6 10.2 10.9 11.7 12.6 13.5 6.9%
Synthesis
Wastewater
2.6 2.9 3.0 3.0 3.2 3.4 3.7 3.9 4.2 4.5 4.9 5.3 7.3%
Treatment
Mining 0.7 0.8 0.8 0.8 0.8 0.8 0.9 0.9 0.9 1.0 1.0 1.0 3.5%
Food &
1.6 1.8 1.8 1.8 1.9 2.1 2.2 2.4 2.6 2.8 3.0 3.2 7.4%
Beverages
Personal
2.1 2.4 2.5 2.5 2.7 2.9 3.1 3.3 3.6 3.9 4.2 4.6 7.7%
Care
Healthcare 1.9 2.1 2.2 2.2 2.4 2.6 2.8 3.0 3.3 3.6 3.9 4.2 8.4%

Textiles 3.8 4.2 4.3 4.2 4.4 4.6 4.9 5.1 5.4 5.7 6.0 6.4 5.4%

Electronics 1.2 1.3 1.4 1.4 1.5 1.6 1.7 1.8 1.9 2.1 2.3 2.4 7.2%

Propulsion
0.5 0.5 0.5 0.5 0.6 0.6 0.6 0.7 0.7 0.8 0.8 0.9 5.9%
Systems
Others 0.3 0.3 0.3 0.3 0.3 0.4 0.4 0.4 0.4 0.4 0.5 0.5 5.4%

Total 33.5 37.2 38.2 38.0 40.3 42.8 45.5 48.5 51.8 55.3 59.3 63.6 6.6%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

Table 47 Mexico hydrogen peroxide market volume, by application, 2017 - 2028 (USD Million)

CAGR
Application 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)
Pulp &
14.4 6.4 7.4 7.1 7.6 8.1 8.6 9.3 9.9 10.7 11.5 12.2 6.9%
Paper
Chemical
8.5 3.8 4.4 4.3 4.6 4.9 5.3 5.7 6.2 6.7 7.2 7.7 7.6%
Synthesis
Wastewater
3.2 1.4 1.7 1.6 1.7 1.9 2.0 2.2 2.4 2.6 2.8 3.0 8.0%
Treatment
Mining 0.9 0.4 0.4 0.4 0.4 0.4 0.5 0.5 0.5 0.5 0.6 0.6 4.1%
Food &
1.9 0.9 1.0 1.0 1.1 1.1 1.2 1.3 1.5 1.6 1.7 1.8 8.1%
Beverages
Personal
2.6 1.2 1.4 1.4 1.5 1.6 1.7 1.9 2.0 2.2 2.4 2.6 8.4%
Care
Healthcare 2.3 1.0 1.2 1.2 1.3 1.4 1.6 1.7 1.9 2.1 2.3 2.4 9.1%

Textiles 4.6 2.0 2.3 2.2 2.4 2.5 2.6 2.8 3.0 3.2 3.4 3.6 6.1%

Electronics 1.5 0.7 0.8 0.8 0.8 0.9 0.9 1.0 1.1 1.2 1.3 1.4 7.9%
Propulsion
0.6 0.3 0.3 0.3 0.3 0.3 0.3 0.4 0.4 0.4 0.5 0.5 6.6%
Systems
Others 0.4 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.3 0.3 6.1%

Total 41.0 18.1 21.3 20.4 21.8 23.4 25.1 27.0 29.1 31.4 34.0 36.0 7.3%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

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7.2.2 EUROPE
Table 48 Europe hydrogen peroxide market volume & revenue, 2017 - 2028 (Kilotons) (USD Million)

CAGR
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Volume 509.1 552.4 553.5 538.0 556.5 576.7 598.7 622.6 648.7 677.0 707.8 741.4 4.1%

Revenue 217.1 247.3 264.8 257.3 266.0 275.5 285.9 297.2 309.5 322.8 337.4 352.5 4.0%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

Europe is run by major industrial economies, such as the UK, Germany, France, and the Netherlands,
with an increasing number of manufacturers and various market suppliers penetrating the regional
ecosystem. The European hydrogen peroxide market is largely driven by the increasing demand for
disinfectants post the COVID-19 outbreak. The UK was the most impacted country by the outbreak,
which led to high demand for disinfectants across the country.

Europe is observed to be one of the largest consumers of disinfectant products for public area cleaning
as well as residential hygiene and sanitization purposes, and the trend is likely to continue in the
coming years. These factors are projected to drive the demand for hydrogen peroxide over the predicted
period.

Table 49 Europe hydrogen peroxide market volume, by grade, 2017 - 2028 (Kilotons)

CAGR
Grade 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

<30% 337.8 367.8 369.9 361.2 375.2 390.5 407.2 425.3 445.0 466.4 489.7 515.1 4.5%
30%-
52.7 56.8 56.5 54.5 55.9 57.5 59.2 61.1 63.2 65.5 67.9 70.6 3.3%
50%
50%-
85.3 92.4 92.4 89.6 92.5 95.7 99.1 102.9 106.9 111.4 116.2 121.4 3.9%
80%
>80% 33.4 35.5 34.7 32.7 32.8 33.0 33.1 33.3 33.5 33.8 34.0 34.3 0.6%

Total 509.1 552.4 553.5 538.0 556.5 576.7 598.7 622.6 648.7 677.0 707.8 741.4 4.1%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

Table 50 Europe hydrogen peroxide market revenue, by grade, 2017 - 2028 (USD Million)

CAGR
Grade 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

<30% 144.8 165.5 178.0 172.9 179.0 185.7 193.0 200.9 209.5 218.9 229.1 239.9 4.2%

30%-
22.3 25.2 26.8 25.8 26.5 27.2 28.0 28.9 29.8 30.9 32.0 33.2 3.2%
50%
50%-
36.3 41.3 44.1 42.7 44.1 45.6 47.2 48.9 50.9 52.9 55.2 57.6 3.8%
80%
>80% 13.7 15.3 16.0 15.9 16.4 17.1 17.7 18.5 19.2 20.1 21.0 21.8 4.1%

Total 217.1 247.3 264.8 257.3 266.0 275.5 285.9 297.2 309.5 322.8 337.4 352.5 4.0%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

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Table 51 Europe hydrogen peroxide market volume, by function, 2017 - 2028 (Kilotons)

CAGR
Function 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Disinfectant 129.5 141.2 141.6 138.4 143.9 149.8 156.3 163.4 171.1 179.5 188.6 198.6 4.6%

Bleaching 186.2 201.5 202.1 195.8 201.9 208.5 215.7 223.6 232.1 241.5 251.6 262.7 3.7%

Oxidant 148.2 161.2 163.2 158.9 164.6 170.8 177.6 185.0 193.1 201.9 211.4 221.8 4.3%

Others 45.2 48.6 46.6 45.0 46.2 47.5 49.0 50.6 52.3 54.1 56.2 58.4 3.3%

Total 509.1 552.4 553.5 538.0 556.5 576.7 598.7 622.6 648.7 677.0 707.8 741.4 4.1%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

Table 52 Europe hydrogen peroxide market revenue, by function, 2017 - 2028 (USD Million)

CAGR
Function 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Disinfectant 55.9 64.0 68.6 67.0 69.6 72.5 75.6 78.9 82.6 86.6 91.0 95.4 4.5%

Bleaching 78.9 89.6 96.1 93.1 95.9 99.0 102.4 106.1 110.1 114.5 119.2 124.2 3.7%

Oxidant 63.1 72.0 77.7 75.6 78.3 81.3 84.5 87.9 91.7 95.8 100.3 105.2 4.2%

Others 19.2 21.7 22.4 21.6 22.1 22.8 23.5 24.2 25.0 25.9 26.9 27.7 3.2%

Total 217.1 247.3 264.8 257.3 266.0 275.5 285.9 297.2 309.5 322.8 337.4 352.5 4.0%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

Table 53 Europe hydrogen peroxide market volume, by application, 2017 - 2028 (Kilotons)

CAGR
Application 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)
Pulp &
174.3 188.5 188.4 182.5 188.0 194.1 200.7 207.9 215.8 224.3 233.6 243.7 3.7%
Paper
Chemical
107.8 117.2 117.6 114.6 118.8 123.4 128.4 133.9 139.8 146.2 153.3 160.9 4.3%
Synthesis
Wastewater
41.6 45.4 45.7 44.7 46.5 48.5 50.6 52.9 55.5 58.2 61.2 64.5 4.7%
Treatment
Mining 9.7 10.4 10.3 9.9 10.1 10.3 10.5 10.7 11.0 11.2 11.5 11.9 2.3%
Food &
25.3 27.6 27.8 27.2 28.3 29.6 30.9 32.3 33.9 35.6 37.5 39.5 4.8%
Beverages
Personal
35.6 39.0 39.3 38.6 40.3 42.1 44.1 46.3 48.7 51.3 54.2 57.2 5.1%
Care
Healthcare 31.5 34.6 34.9 34.3 35.9 37.6 39.5 41.5 43.7 46.1 48.7 51.6 5.2%

Textiles 52.8 56.7 56.4 54.2 55.4 56.7 58.1 59.7 61.5 63.3 65.4 67.6 2.8%

Electronics 19.2 20.9 21.0 20.6 21.4 22.3 23.2 24.3 25.4 26.7 28.0 29.5 4.6%
Propulsion
6.9 7.5 7.5 7.2 7.4 7.6 7.8 8.1 8.4 8.7 9.0 9.3 3.3%
Systems
Others 4.2 4.5 4.5 4.4 4.5 4.6 4.7 4.9 5.1 5.2 5.4 5.7 3.3%

Total 509.1 552.4 553.5 538.0 556.5 576.7 598.7 622.6 648.7 677.0 707.8 741.4 4.1%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

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Table 54 Europe hydrogen peroxide market revenue, by application, 2017 - 2028 (USD Million)

CAGR
Application 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)
Pulp &
73.79 83.75 89.47 86.60 89.19 92.02 95.12 98.49 102.16 106.16 110.50 115.04 3.6%
Paper
Chemical
46.19 52.72 56.54 55.06 57.06 59.24 61.61 64.19 66.99 70.05 73.37 76.81 4.2%
Synthesis
Wastewater
17.96 20.57 22.11 21.61 22.48 23.42 24.44 25.55 26.76 28.08 29.51 30.99 4.6%
Treatment
Mining 4.03 4.52 4.79 4.58 4.65 4.74 4.83 4.93 5.05 5.17 5.30 5.44 2.2%
Food &
10.94 12.53 13.48 13.18 13.72 14.30 14.93 15.62 16.37 17.19 18.08 18.99 4.7%
Beverages
Personal
15.47 17.77 19.15 18.79 19.61 20.50 21.47 22.52 23.67 24.92 26.27 27.67 5.0%
Care
Healthcare 13.76 15.83 17.07 16.77 17.53 18.36 19.26 20.23 21.29 22.44 23.70 24.98 5.1%

Textiles 22.02 24.81 26.37 25.31 25.85 26.45 27.10 27.82 28.60 29.45 30.38 31.36 2.7%

Electronics 8.27 9.47 10.17 9.93 10.32 10.75 11.21 11.71 12.25 12.85 13.49 14.16 4.5%

Propulsion
2.92 3.30 3.52 3.40 3.48 3.58 3.69 3.80 3.93 4.07 4.22 4.38 3.2%
Systems
Others 1.77 2.00 2.13 2.05 2.11 2.17 2.23 2.30 2.37 2.46 2.55 2.64 3.2%

Total 217.10 247.28 264.80 257.29 266.01 275.52 285.88 297.17 309.46 322.82 337.37 352.46 4.0%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

7.2.2.1 UK
Table 55 UK hydrogen peroxide market volume & revenue, 2017 - 2028 (Kilotons) (USD Million)

CAGR
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Volume 10.34 12.15 14.11 13.61 13.97 14.36 14.79 15.25 15.76 16.32 16.92 17.57 3.2%

Revenue 5.94 6.87 8.92 8.60 8.83 9.08 9.35 9.64 9.96 10.31 10.69 12.47 4.8%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

The United Kingdom is currently considered a major manufacturing hub for cosmetic products and is
recognized among the top ten manufacturing nations worldwide, as cited by Office for National
Statistics (ONS). Increasing spending by market players on research & development activities and
availability of a skilled workforce in the country has marked a significant development in the country’s
cosmetic and personal care product industry. According to Cosmetic Europe, in 2019, cosmetics sales
in the UK stood at around USD 12.7 billion.

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The industry saw a decline in sales figures of about USD 2.14 billion in 2020 due to the COVID-19 crisis.
However, growth is expected due to various product development activities and rising awareness
regarding personal care along with a growing number of manufacturing facilities in the country. Thus,
the growing personal and cosmetic care industry has led to high demand for hydrogen peroxide across
the UK. Moreover, the increasing demand for disinfectants to prevent the spread of COVID-19 and other
new viruses coupled with an increasing need for sanitization in personal and commercial spaces is
expected to surge the demand for disinfectants, which, in turn, boost the demand for hydrogen peroxide
in the country over the forecast period.

Table 56 UK hydrogen peroxide market volume, by grade, 2017 - 2028 (Kilotons)

CAGR
Grade 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

<30% 6.70 7.91 9.23 8.94 9.21 9.51 9.83 10.19 10.57 10.99 11.44 11.94 3.7%
30%-
1.09 1.28 1.47 1.41 1.44 1.48 1.51 1.55 1.59 1.64 1.69 1.75 2.7%
50%
50%-
1.75 2.06 2.38 2.29 2.35 2.41 2.47 2.55 2.63 2.71 2.81 2.91 3.0%
80%
>80% 0.79 0.92 1.03 0.97 0.97 0.97 0.97 0.97 0.97 0.97 0.97 0.98 0.1%

Total 10.34 12.15 14.11 13.61 13.97 14.36 14.79 15.25 15.76 16.32 16.92 17.57 3.2%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

Table 57 UK hydrogen peroxide market revenue, by grade, 2017 - 2028 (USD Million)

CAGR
Grade 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

<30% 3.86 4.49 5.86 5.67 5.84 6.03 6.23 6.46 6.70 6.96 7.25 8.49 5.2%
30%-
0.62 0.72 0.93 0.89 0.91 0.93 0.95 0.97 1.00 1.03 1.06 1.23 4.2%
50%
50%-
1.00 1.16 1.50 1.45 1.48 1.52 1.56 1.61 1.66 1.71 1.77 2.06 4.5%
80%
>80% 0.45 0.50 0.63 0.60 0.60 0.60 0.60 0.60 0.60 0.61 0.61 0.69 1.8%

Total 5.94 6.87 8.92 8.60 8.83 9.08 9.35 9.64 9.96 10.31 10.69 12.47 4.8%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

Table 58 UK hydrogen peroxide market volume, by function, 2017 - 2028 (Kilotons)

CAGR
Function 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Disinfectant 2.52 2.98 3.48 3.38 3.49 3.60 3.73 3.87 4.01 4.18 4.35 4.54 3.8%

Bleaching 3.71 4.34 5.03 4.83 4.94 5.06 5.19 5.33 5.49 5.66 5.85 6.05 2.9%

Oxidant 3.42 4.02 4.68 4.52 4.64 4.78 4.93 5.09 5.27 5.47 5.68 5.90 3.4%

Others 0.69 0.80 0.92 0.88 0.90 0.92 0.94 0.96 0.99 1.01 1.04 1.07 2.4%

Total 10.34 12.15 14.11 13.61 13.97 14.36 14.79 15.25 15.76 16.32 16.92 17.57 3.2%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

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Table 59 UK hydrogen peroxide market revenue, by function, 2017 - 2028 (USD Million)

CAGR
Function 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Disinfectant 1.47 1.71 2.23 2.16 2.23 2.30 2.38 2.47 2.56 2.67 2.78 3.26 5.3%

Bleaching 2.11 2.44 3.15 3.03 3.10 3.17 3.26 3.35 3.44 3.55 3.67 4.26 4.4%

Oxidant 1.97 2.28 2.97 2.86 2.94 3.03 3.13 3.23 3.34 3.46 3.60 4.20 4.9%

Others 0.39 0.45 0.58 0.55 0.56 0.57 0.58 0.60 0.61 0.63 0.65 0.75 3.9%

Total 1.47 1.71 2.23 2.16 2.23 2.30 2.38 2.47 2.56 2.67 2.78 3.26 5.3%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

Table 60 UK hydrogen peroxide market volume, by application, 2017 - 2028 (Kilotons)

CAGR
Application 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)
Pulp &
3.63 4.25 4.92 4.72 4.83 4.95 5.07 5.21 5.37 5.53 5.72 5.91 2.8%
Paper
Chemical
2.15 2.54 2.96 2.86 2.94 3.03 3.13 3.23 3.35 3.48 3.61 3.76 3.5%
Synthesis
Wastewater
0.81 0.96 1.12 1.09 1.12 1.16 1.21 1.25 1.30 1.35 1.41 1.48 3.9%
Treatment
Mining 0.22 0.25 0.29 0.27 0.28 0.28 0.29 0.29 0.29 0.30 0.31 0.31 1.6%
Food &
0.49 0.58 0.68 0.66 0.68 0.71 0.73 0.76 0.79 0.83 0.86 0.90 3.9%
Beverages
Personal
0.67 0.80 0.94 0.92 0.95 0.99 1.03 1.07 1.12 1.17 1.22 1.28 4.3%
Care
Healthcare 0.59 0.70 0.83 0.81 0.84 0.87 0.91 0.95 0.99 1.04 1.09 1.15 4.5%

Textiles 1.15 1.34 1.54 1.47 1.49 1.52 1.54 1.57 1.61 1.64 1.68 1.73 2.0%

Electronics 0.38 0.44 0.52 0.50 0.52 0.54 0.56 0.58 0.60 0.62 0.65 0.68 3.8%

Propulsion
0.15 0.17 0.20 0.19 0.19 0.20 0.20 0.21 0.21 0.22 0.22 0.23 2.5%
Systems
Others 0.09 0.10 0.12 0.12 0.12 0.12 0.12 0.12 0.13 0.13 0.13 0.14 2.2%

Total 10.34 12.15 14.11 13.61 13.97 14.36 14.79 15.25 15.76 16.32 16.92 17.57 3.2%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

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Table 61 UK hydrogen peroxide market revenue, by application, 2017 - 2028 (USD Million)

CAGR
Application 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)
Pulp &
2.07 2.38 3.08 2.96 3.03 3.10 3.18 3.27 3.37 3.47 3.58 4.17 4.4%
Paper
Chemical
1.24 1.44 1.88 1.82 1.87 1.92 1.99 2.05 2.13 2.21 2.29 2.68 5.0%
Synthesis
Wastewater
0.47 0.55 0.72 0.70 0.72 0.74 0.77 0.80 0.83 0.87 0.90 1.06 5.4%
Treatment
Mining 0.12 0.14 0.18 0.17 0.17 0.17 0.17 0.18 0.18 0.18 0.19 0.21 3.1%
Food &
0.29 0.33 0.44 0.42 0.44 0.45 0.47 0.49 0.51 0.53 0.55 0.65 5.5%
Beverages
Personal
0.40 0.46 0.61 0.59 0.61 0.64 0.66 0.69 0.72 0.75 0.79 0.93 5.8%
Care
Healthcare 0.35 0.41 0.54 0.52 0.54 0.56 0.59 0.61 0.64 0.67 0.70 0.83 5.9%

Textiles 0.65 0.74 0.95 0.91 0.92 0.94 0.95 0.97 0.99 1.01 1.04 1.20 3.5%

Electronics 0.22 0.25 0.33 0.32 0.33 0.34 0.36 0.37 0.38 0.40 0.41 0.49 5.3%

Propulsion
0.08 0.10 0.12 0.12 0.12 0.12 0.13 0.13 0.13 0.14 0.14 0.16 4.0%
Systems
Others 0.05 0.06 0.08 0.07 0.07 0.08 0.08 0.08 0.08 0.08 0.09 0.10 4.3%

Total 5.94 6.87 8.92 8.60 8.83 9.08 9.35 9.64 9.96 10.31 10.69 12.47 4.8%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

7.2.2.2 GERMANY
Table 62 Germany hydrogen peroxide market volume & revenue, 2017 - 2028 (Kilotons) (USD Million)

CAGR
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Volume 82.2 89.7 93.3 91.0 94.6 98.4 102.6 107.1 112.0 117.4 123.2 129.6 4.5%

Revenue 28.0 31.6 32.3 31.5 32.7 34.1 35.5 37.1 38.8 40.6 42.7 46.4 5.0%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

Germany is one of the most prominent markets across Europe in terms of industrial sector contribution
to GDP development and surge in manufacturing practices across the country. High consumer demand
for household consumer goods, cosmetics, electronic goods, and more are observed to be driving the
manufacturing sector in the country. Further, a surge in the sales of the aforementioned industries has
been driving the demand for hydrogen peroxide over the forecast period. According to Statista, the
personal care market in Germany is expected to reach USD 13,268 million by 2025, growing at a CAGR
of 8.43% from 2021 to 2025 because of increasing disposable income coupled with increasing
awareness regarding personal care.

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The demand for consumer goods in the Germany is expected to remain high over the forecast period
due to high in purchasing power parity among European countries and also in terms of the population,
Germany is expected to remain the largest consumer market in Europe. The increasing sales figures A
of electronic goods has also been observed, in 2019; the segment generated a sale of approximately
USD 31.96 during quarter 1 and quarter 2, which is up from 2.2% from 2018. The growing
aforementioned industries are expected to subsequently boost the demand for hydrogen peroxide
across Germany over the forecast period.

Table 63 Germany hydrogen peroxide market volume, by grade, 2017 - 2028 (Kilotons)

CAGR
Grade 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

<30% 53.7 58.9 61.5 60.3 62.9 65.7 68.8 72.2 75.9 79.8 84.2 88.9 5.0%
30%-
8.6 9.3 9.6 9.4 9.7 10.0 10.4 10.8 11.2 11.7 12.2 12.8 3.9%
50%
50%-
13.9 15.1 15.7 15.3 15.8 16.4 17.1 17.8 18.6 19.4 20.4 21.4 4.3%
80%
>80% 6.0 6.4 6.5 6.1 6.2 6.2 6.3 6.3 6.4 6.4 6.5 6.6 0.9%

Total 82.2 89.7 93.3 91.0 94.6 98.4 102.6 107.1 112.0 117.4 123.2 129.6 4.5%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

Table 64 Germany hydrogen peroxide market revenue, by grade, 2017 - 2028 (USD Million)

CAGR
Grade 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

<30% 18.4 20.8 21.4 21.0 21.9 22.9 23.9 25.1 26.3 27.7 29.2 31.9 5.4%

30%-
2.9 3.3 3.3 3.2 3.3 3.4 3.6 3.7 3.9 4.0 4.2 4.5 4.4%
50%
50%-
4.7 5.3 5.4 5.3 5.5 5.7 5.9 6.2 6.4 6.7 7.0 7.6 4.7%
80%
>80% 2.0 2.2 2.2 2.1 2.1 2.1 2.1 2.1 2.2 2.2 2.2 2.3 1.4%

Total 28.0 31.6 32.3 31.5 32.7 34.1 35.5 37.1 38.8 40.6 42.7 46.4 5.0%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

Table 65 Germany hydrogen peroxide market volume, by function, 2017 - 2028 (Kilotons)

CAGR
Function 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Disinfectant 20.2 22.1 23.1 22.7 23.7 24.8 26.0 27.3 28.7 30.2 31.9 33.7 5.0%

Bleaching 29.4 31.9 33.1 32.2 33.3 34.5 35.9 37.3 38.9 40.6 42.4 44.5 4.1%

Oxidant 27.2 29.7 31.0 30.3 31.5 32.8 34.3 35.8 37.5 39.4 41.4 43.6 4.7%

Others 5.4 5.9 6.1 5.9 6.1 6.2 6.5 6.7 6.9 7.2 7.5 7.8 3.7%

Total 82.2 89.7 93.3 91.0 94.6 98.4 102.6 107.1 112.0 117.4 123.2 129.6 4.5%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

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Table 66 Germany hydrogen peroxide market revenue, by function, 2017 - 2028 (USD Million)

CAGR
Function 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Disinfectant 7.0 7.9 8.1 7.9 8.3 8.7 9.1 9.5 10.0 10.6 11.1 12.2 5.5%

Bleaching 10.0 11.2 11.4 11.1 11.4 11.9 12.3 12.8 13.4 13.9 14.6 15.8 4.6%

Oxidant 9.3 10.5 10.8 10.5 10.9 11.4 11.9 12.4 13.0 13.7 14.4 15.7 5.1%

Others 1.8 2.0 2.1 2.0 2.1 2.1 2.2 2.3 2.4 2.5 2.6 2.8 4.1%

Total 28.0 31.6 32.3 31.5 32.7 34.1 35.5 37.1 38.8 40.6 42.7 46.4 5.0%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

Table 67 Germany hydrogen peroxide market volume, by application, 2017 - 2028 (Kilotons)

CAGR
Application 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)
Pulp &
28.62 31.11 32.24 31.35 32.44 33.63 34.92 36.32 37.85 39.51 41.32 43.28 4.1%
Paper
Chemical
17.22 18.83 19.63 19.21 20.00 20.86 21.79 22.81 23.92 25.12 26.43 27.86 4.8%
Synthesis
Wastewater
6.53 7.17 7.51 7.37 7.71 8.07 8.46 8.89 9.35 9.86 10.41 11.02 5.1%
Treatment
Mining 1.68 1.81 1.86 1.78 1.82 1.87 1.92 1.97 2.03 2.09 2.16 2.23 2.8%
Food &
3.96 4.35 4.56 4.48 4.68 4.91 5.15 5.41 5.70 6.01 6.35 6.73 5.2%
Beverages
Personal
5.48 6.04 6.35 6.26 6.57 6.91 7.27 7.67 8.10 8.57 9.08 9.64 5.5%
Care
Healthcare 4.82 5.33 5.61 5.54 5.82 6.13 6.46 6.82 7.22 7.65 8.12 8.63 5.7%

Textiles 8.97 9.68 9.96 9.61 9.87 10.15 10.46 10.79 11.16 11.55 11.98 12.44 3.3%

Electronics 3.02 3.32 3.47 3.40 3.56 3.72 3.90 4.09 4.30 4.53 4.78 5.05 5.1%

Propulsion
1.16 1.26 1.30 1.26 1.30 1.34 1.38 1.43 1.49 1.55 1.61 1.68 3.7%
Systems
Others 0.71 0.76 0.78 0.76 0.78 0.81 0.84 0.87 0.90 0.94 0.98 1.02 3.8%

Total 82.17 89.66 93.26 91.04 94.56 98.39 102.55 107.09 112.02 117.39 123.23 129.59 4.5%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

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Table 68 Germany hydrogen peroxide market revenue, by application, 2017 - 2028 (USD Million)

CAGR
Application 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)
Pulp &
9.73 10.91 11.12 10.82 11.19 11.60 12.04 12.53 13.06 13.63 14.25 15.44 4.6%
Paper
Chemical
5.89 6.64 6.81 6.67 6.94 7.24 7.56 7.92 8.30 8.72 9.17 10.00 5.2%
Synthesis
Wastewater
2.24 2.54 2.62 2.57 2.68 2.81 2.95 3.10 3.26 3.43 3.63 3.97 5.6%
Treatment
Mining 0.57 0.63 0.63 0.61 0.62 0.64 0.65 0.67 0.69 0.71 0.73 0.78 3.2%
Food &
1.36 1.54 1.59 1.56 1.63 1.71 1.80 1.89 1.99 2.10 2.21 2.42 5.7%
Beverages
Personal
1.89 2.15 2.22 2.19 2.30 2.42 2.54 2.68 2.83 3.00 3.17 3.49 6.0%
Care
Healthcare 1.67 1.90 1.96 1.94 2.04 2.15 2.27 2.40 2.53 2.69 2.85 3.14 6.2%

Textiles 3.03 3.37 3.41 3.29 3.38 3.47 3.58 3.69 3.82 3.95 4.10 4.40 3.7%

Electronics 1.04 1.17 1.21 1.19 1.24 1.29 1.36 1.42 1.50 1.58 1.66 1.82 5.5%

Propulsion
0.39 0.44 0.45 0.43 0.45 0.46 0.48 0.49 0.51 0.53 0.55 0.60 4.2%
Systems
Others 0.24 0.26 0.27 0.26 0.27 0.28 0.28 0.29 0.30 0.31 0.33 0.35 3.9%

Total 28.05 31.55 32.29 31.52 32.74 34.07 35.51 37.08 38.79 40.65 42.67 46.42 5.0%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

7.2.2.3 FRANCE
Table 69 France hydrogen peroxide market volume & revenue, 2017 - 2028 (Kilotons) (USD Million)

CAGR
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Volume 18.6 23.2 72.0 70.5 73.5 76.7 80.2 84.1 88.2 92.7 97.7 103.1 4.9%

Revenue 7.6 10.5 32.8 32.1 33.5 34.9 36.5 38.3 40.2 42.2 44.5 49.6 5.6%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

France is a major chemical manufacturing hub in Europe that has been of significant importance since
the past decade. The advent of chemical formulators in the country led to the increased demand for
hydrogen peroxide for manufacturing various chemicals. Furthermore, the French Service Public
d'Assainissement Non-Collectif also made several regulations for the delivery of safe and treated water.
These factors are anticipated to augment the growth of hydrogen peroxide market in the country over
the forecast period.

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Table 70 France hydrogen peroxide market volume, by grade, 2017 - 2028 (Kilotons)

CAGR
Grade 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

<30% 12.3 15.4 48.1 47.3 49.5 51.9 54.6 57.4 60.5 63.9 67.6 71.6 5.3%
30%-
1.9 2.4 7.3 7.1 7.4 7.7 8.0 8.3 8.7 9.1 9.5 10.0 4.3%
50%
50%-
3.1 3.9 12.0 11.7 12.2 12.7 13.3 13.9 14.5 15.3 16.0 16.9 4.6%
80%
>80% 1.2 1.5 4.5 4.3 4.3 4.4 4.4 4.4 4.5 4.5 4.5 4.6 0.8%

Total 18.6 23.2 72.0 70.5 73.5 76.7 80.2 84.1 88.2 92.7 97.7 103.1 4.9%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Pre sentation, Company Annual
Report

Table 71 France hydrogen peroxide market revenue, by grade, 2017 - 2028 (USD Million)

CAGR
Grade 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

<30% 5.0 7.0 22.0 21.6 22.7 23.8 25.0 26.3 27.7 29.2 30.9 34.6 6.0%
30%-
0.8 1.1 3.3 3.2 3.4 3.5 3.6 3.8 3.9 4.1 4.3 4.8 5.0%
50%
50%-
1.3 1.8 5.5 5.3 5.6 5.8 6.0 6.3 6.6 6.9 7.3 8.1 5.4%
80%
>80% 0.5 0.7 2.0 1.9 1.9 1.9 1.9 1.9 1.9 2.0 2.0 2.1 1.3%

Total 7.6 10.5 32.8 32.1 33.5 34.9 36.5 38.3 40.2 42.2 44.5 49.6 5.6%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

Table 72 France hydrogen peroxide market volume, by function, 2017 - 2028 (Kilotons)

CAGR
Function 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Disinfectant 4.6 5.7 17.8 17.5 18.4 19.3 20.2 21.3 22.5 23.7 25.1 26.6 5.4%

Bleaching 7.2 8.9 27.7 27.0 28.1 29.2 30.5 31.8 33.3 34.9 36.6 38.5 4.5%

Oxidant 5.7 7.1 22.1 21.6 22.6 23.6 24.7 26.0 27.3 28.8 30.3 32.0 5.0%

Others 1.2 1.4 4.4 4.3 4.4 4.6 4.8 5.0 5.2 5.4 5.6 5.9 4.0%

Total 18.6 23.2 72.0 70.5 73.5 76.7 80.2 84.1 88.2 92.7 97.7 103.1 4.9%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

Table 73 France hydrogen peroxide market revenue, by function, 2017 - 2028 (USD Million)

CAGR
Function 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Disinfectant 1.9 2.6 8.2 8.0 8.4 8.8 9.3 9.8 10.3 10.9 11.5 12.9 6.1%

Bleaching 2.9 4.0 12.6 12.3 12.7 13.3 13.8 14.4 15.1 15.8 16.6 18.5 5.3%

Oxidant 2.3 3.2 10.1 9.9 10.3 10.8 11.3 11.8 12.5 13.1 13.8 15.5 5.8%

Others 0.5 0.6 2.0 1.9 2.0 2.1 2.2 2.2 2.3 2.4 2.5 2.8 4.7%

Total 7.6 10.5 32.8 32.1 33.5 34.9 36.5 38.3 40.2 42.2 44.5 49.6 5.6%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

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Table 74 France hydrogen peroxide market volume, by application, 2017 - 2028 (Kilotons)

CAGR
Application 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)
Pulp &
6.44 7.98 24.69 24.09 25.01 26.02 27.11 28.29 29.58 30.98 32.50 34.15 4.5%
Paper
Chemical
3.92 4.89 15.22 14.94 15.61 16.34 17.13 17.99 18.92 19.94 21.05 22.26 5.1%
Synthesis
Wastewater
1.50 1.88 5.86 5.78 6.06 6.37 6.70 7.06 7.45 7.88 8.35 8.86 5.5%
Treatment
Mining 0.37 0.45 1.39 1.34 1.37 1.41 1.45 1.50 1.54 1.60 1.65 1.71 3.1%
Food &
0.91 1.14 3.56 3.52 3.69 3.88 4.08 4.30 4.55 4.81 5.10 5.42 5.6%
Beverages
Personal
1.27 1.59 5.00 4.95 5.21 5.49 5.80 6.14 6.50 6.90 7.34 7.81 5.9%
Care
Healthcare 1.12 1.41 4.43 4.39 4.63 4.89 5.17 5.48 5.81 6.18 6.58 7.01 6.0%

Textiles 1.99 2.45 7.51 7.27 7.49 7.73 7.99 8.27 8.57 8.90 9.26 9.65 3.6%

Electronics 0.69 0.87 2.71 2.66 2.79 2.93 3.08 3.24 3.42 3.62 3.83 4.06 5.4%

Propulsion
0.26 0.32 0.99 0.96 0.99 1.03 1.07 1.11 1.16 1.21 1.26 1.32 4.1%
Systems
Others 0.16 0.19 0.60 0.58 0.60 0.62 0.65 0.67 0.70 0.73 0.77 0.80 4.1%

Total 18.62 23.16 71.95 70.48 73.46 76.70 80.22 84.05 88.22 92.75 97.68 103.05 4.9%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

Table 75 France hydrogen peroxide market revenue, by application, 2017 - 2028 (USD Million)

CAGR
Application 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)
Pulp &
2.61 3.60 11.20 10.93 11.35 11.80 12.30 12.84 13.42 14.05 14.74 16.37 5.2%
Paper
Chemical
1.60 2.22 6.95 6.82 7.13 7.46 7.82 8.21 8.64 9.10 9.61 10.74 5.8%
Synthesis
Wastewater
0.61 0.86 2.69 2.65 2.78 2.92 3.07 3.23 3.42 3.61 3.83 4.29 6.2%
Treatment
Mining 0.15 0.20 0.62 0.60 0.62 0.63 0.65 0.67 0.69 0.71 0.74 0.81 3.8%
Food &
0.37 0.52 1.63 1.61 1.69 1.78 1.87 1.97 2.08 2.20 2.34 2.62 6.3%
Beverages
Personal
0.52 0.73 2.30 2.28 2.40 2.53 2.67 2.82 2.99 3.17 3.37 3.79 6.6%
Care
Healthcare 0.46 0.65 2.04 2.02 2.13 2.25 2.38 2.52 2.67 2.84 3.02 3.41 6.7%

Textiles 0.80 1.10 3.38 3.27 3.37 3.48 3.60 3.72 3.86 4.00 4.16 4.58 4.3%

Electronics 0.28 0.39 1.24 1.22 1.28 1.34 1.41 1.49 1.57 1.66 1.75 1.96 6.1%
Propulsion
0.10 0.14 0.45 0.43 0.45 0.46 0.48 0.50 0.52 0.54 0.57 0.63 4.8%
Systems
Others 0.06 0.09 0.27 0.26 0.27 0.28 0.30 0.31 0.32 0.34 0.35 0.39 5.0%

Total 7.59 10.50 32.77 32.10 33.46 34.94 36.54 38.28 40.18 42.24 44.49 49.60 5.6%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

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7.2.2.4 NETHERLANDS
Table 76 Netherlands hydrogen peroxide market volume & revenue, 2017 - 2028 (Kilotons) (USD
Million)

CAGR
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Volume 41.4 58.6 49.5 48.2 49.9 51.8 53.8 56.0 58.4 61.1 63.9 67.0 4.2%

Revenue 15.8 23.1 20.8 20.3 21.0 21.8 22.6 23.5 24.6 25.7 26.9 28.7 4.4%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

The Netherlands is one of the highly affected countries by coronavirus in Europe. The demand for
hydrogen peroxide in the country significantly increased during the second and third quarters of 2020
for sanitization and disinfection applications. The market in the Netherlands is likely to be driven by high
demand for public sanitization and personal hygiene to contain the spread of coronavirus. To meet the
increasing demand for disinfectants in the country, many companies like DSM have started producing
disinfectants. The company has started the production of disinfectants at its manufacturing facility
located in Waalwijk, the Netherlands. The growing demand for disinfectants is likely to boost the
demand for hydrogen peroxide across the country.

Table 77 Netherlands hydrogen peroxide market volume, by grade, 2017 - 2028 (Kilotons)

CAGR
Grade 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

<30% 26.7 38.0 32.2 31.5 32.8 34.1 35.6 37.2 39.0 40.9 43.0 45.3 4.6%

30%-
4.4 6.2 5.2 5.0 5.2 5.3 5.5 5.7 5.9 6.1 6.4 6.6 3.5%
50%
50%-
7.0 9.9 8.4 8.1 8.4 8.7 9.0 9.4 9.8 10.2 10.7 11.2 4.0%
80%
>80% 3.3 4.5 3.7 3.5 3.6 3.6 3.6 3.7 3.7 3.8 3.9 3.9 1.4%

Total 41.4 58.6 49.5 48.2 49.9 51.8 53.8 56.0 58.4 61.1 63.9 67.0 4.2%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

Table 78 Netherlands hydrogen peroxide market revenue, by grade, 2017 - 2028 (USD Million)

CAGR
Grade 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

<30% 10.2 15.0 13.6 13.3 13.8 14.4 15.0 15.7 16.5 17.3 18.2 19.5 4.9%
30%-
1.7 2.4 2.2 2.1 2.2 2.2 2.3 2.4 2.5 2.6 2.7 2.8 3.7%
50%
50%-
2.7 3.9 3.5 3.4 3.5 3.6 3.8 3.9 4.1 4.3 4.5 4.7 4.2%
80%
>80% 1.2 1.7 1.5 1.4 1.5 1.5 1.5 1.5 1.5 1.6 1.6 1.6 1.5%

Total 15.8 23.1 20.8 20.3 21.0 21.8 22.6 23.5 24.6 25.7 26.9 28.7 4.4%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

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Table 79 Netherlands hydrogen peroxide market volume, by function, 2017 - 2028 (Kilotons)

CAGR
Function 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Disinfectant 10.5 15.0 12.7 12.5 13.0 13.5 14.1 14.8 15.5 16.3 17.2 18.1 4.8%

Bleaching 15.3 21.5 18.2 17.6 18.2 18.8 19.5 20.2 21.0 21.9 22.8 23.8 3.9%

Oxidant 11.6 16.5 13.9 13.6 14.1 14.6 15.2 15.9 16.6 17.3 18.2 19.1 4.4%

Others 4.0 5.6 4.7 4.6 4.7 4.8 5.0 5.2 5.4 5.6 5.8 6.0 3.5%

Total 41.4 58.6 49.5 48.2 49.9 51.8 53.8 56.0 58.4 61.1 63.9 67.0 4.2%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

Table 80 Netherlands hydrogen peroxide market revenue, by function, 2017 - 2028 (USD Million)

CAGR
Function 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Disinfectant 4.1 6.0 5.4 5.3 5.5 5.7 6.0 6.3 6.6 6.9 7.3 7.8 5.0%

Bleaching 5.8 8.4 7.6 7.3 7.6 7.8 8.1 8.4 8.8 9.1 9.5 10.1 4.1%

Oxidant 4.4 6.5 5.9 5.7 5.9 6.2 6.4 6.7 7.0 7.3 7.7 8.2 4.6%

Others 1.5 2.2 2.0 1.9 1.9 2.0 2.1 2.1 2.2 2.3 2.4 2.5 3.7%

Total 15.8 23.1 20.8 20.3 21.0 21.8 22.6 23.5 24.6 25.7 26.9 28.7 4.4%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

Table 81 Netherlands hydrogen peroxide market volume, by application, 2017 - 2028 (Kilotons)

CAGR
Application 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)
Pulp &
14.20 20.03 16.87 16.35 16.87 17.43 18.05 18.72 19.44 20.24 21.10 22.04 3.8%
Paper
Chemical
8.75 12.42 10.53 10.27 10.66 11.08 11.54 12.05 12.59 13.19 13.84 14.54 4.4%
Synthesis
Wastewater
3.37 4.80 4.09 4.00 4.17 4.35 4.55 4.76 5.00 5.25 5.53 5.83 4.8%
Treatment
Mining 0.80 1.11 0.93 0.89 0.90 0.92 0.94 0.96 0.99 1.01 1.04 1.07 2.4%
Food &
2.05 2.92 2.49 2.44 2.54 2.65 2.78 2.91 3.05 3.21 3.38 3.57 4.9%
Beverages
Personal
2.88 4.11 3.51 3.45 3.61 3.78 3.97 4.17 4.39 4.63 4.89 5.17 5.2%
Care
Healthcare 2.55 3.65 3.12 3.07 3.22 3.38 3.55 3.73 3.94 4.16 4.40 4.66 5.3%

Textiles 4.32 6.05 5.05 4.86 4.97 5.10 5.23 5.38 5.54 5.72 5.91 6.11 2.9%

Electronics 1.56 2.21 1.88 1.84 1.92 2.00 2.09 2.19 2.29 2.41 2.53 2.67 4.7%
Propulsion
0.57 0.80 0.67 0.65 0.66 0.68 0.71 0.73 0.75 0.78 0.81 0.84 3.4%
Systems
Others 0.34 0.48 0.40 0.39 0.40 0.41 0.43 0.44 0.46 0.47 0.49 0.51 3.4%

Total 41.38 58.59 49.54 48.21 49.92 51.79 53.82 56.03 58.44 61.06 63.92 67.02 4.2%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

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Table 82 Netherlands hydrogen peroxide market revenue, by application, 2017 - 2028 (USD Million)

CAGR
Application 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)
Pulp &
5.40 7.87 7.06 6.84 7.06 7.30 7.55 7.83 8.14 8.47 8.83 9.38 4.0%
Paper
Chemical
3.35 4.91 4.43 4.32 4.49 4.67 4.86 5.07 5.30 5.56 5.83 6.23 4.7%
Synthesis
Wastewater
1.29 1.91 1.73 1.69 1.76 1.84 1.92 2.01 2.11 2.22 2.34 2.51 5.0%
Treatment
Mining 0.30 0.43 0.38 0.37 0.37 0.38 0.39 0.40 0.41 0.42 0.43 0.45 2.6%
Food &
0.79 1.16 1.05 1.03 1.07 1.12 1.17 1.23 1.29 1.36 1.43 1.53 5.1%
Beverages
Personal
1.11 1.64 1.49 1.46 1.53 1.60 1.68 1.77 1.86 1.96 2.07 2.23 5.4%
Care
Healthcare 0.98 1.46 1.33 1.31 1.37 1.43 1.51 1.59 1.67 1.77 1.87 2.01 5.6%

Textiles 1.63 2.36 2.10 2.02 2.06 2.12 2.17 2.23 2.30 2.37 2.45 2.58 3.1%

Electronics 0.60 0.88 0.80 0.78 0.81 0.84 0.88 0.92 0.97 1.02 1.07 1.15 5.0%

Propulsion
0.21 0.31 0.28 0.27 0.28 0.29 0.29 0.30 0.31 0.33 0.34 0.36 3.6%
Systems
Others 0.13 0.19 0.17 0.16 0.17 0.17 0.18 0.18 0.19 0.20 0.21 0.22 3.7%

Total 15.79 23.12 20.82 20.26 20.98 21.76 22.62 23.55 24.56 25.66 26.86 28.65 4.4%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

7.2.3 ASIA PACIFIC


Table 83 Asia Pacific hydrogen peroxide market volume & revenue, 2017 - 2028 (Kilotons) (USD
Million)

CAGR
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Volume 793.4 875.0 891.1 880.5 925.8 975.3 1,029.4 1,088.5 1,153.2 1,223.9 1301.4 1386.4 4.8%

Revenue 504.3 559.8 574.1 570.8 604.0 640.3 680.1 723.7 771.4 823.9 881.5 944.8 5.5%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

Asia Pacific is the emerging regional market. China, India, and Japan are the key manufacturing
countries in the region, with China as the global manufacturing leader. The demand for hydrogen
peroxide in the region influenced by personal care products, wastewater treatment activities, dental
care, household bleaching products, and chemical industry applications. Growing population in
countries such as India and China, coupled with the rise in income level and purchasing power parity,
has led to the high demand for personal and household products including detergents and bleaches.
These factors are projected to drive the demand for hydrogen peroxide in the region in the coming
years. In addition, a rapidly growing number of new business establishments across the region,
especially in India, is projected to boost the demand for hydrogen peroxide in several industries over the
forecast period.

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Table 84 Asia Pacific hydrogen peroxide market volume, by grade, 2017 - 2028 (Kilotons)

CAGR
Grade 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

<30% 281.3 311.0 317.4 314.3 331.2 349.7 369.9 392.0 416.2 442.7 471.8 503.7 6.1%
30%-
198.9 220.3 225.2 223.4 235.8 249.4 264.2 280.5 298.3 317.8 339.2 362.8 6.2%
50%
50%-
64.9 71.5 72.7 71.7 75.2 79.1 83.3 87.9 93.0 98.5 104.6 111.2 5.6%
80%
>80% 248.2 272.3 275.8 271.1 283.6 297.1 311.9 328.0 345.6 364.8 385.8 408.8 5.3%

Total 793.4 875.0 891.1 880.5 925.8 975.3 1,029.4 1,088.5 1,153.2 1,223.9 1,301.4 1,386.4 5.8%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

Table 85 Asia Pacific hydrogen peroxide market revenue, by grade, 2017 - 2028 (USD Million)

CAGR
Grade 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

<30% 179.3 199.4 205.0 204.3 216.6 230.2 245.0 261.3 279.1 298.7 320.3 344.1 5.7%
30%-
127.0 141.5 145.7 145.4 154.5 164.4 175.3 187.3 200.4 214.8 230.7 248.3 5.9%
50%
50%-
41.2 45.6 46.7 46.4 49.0 51.8 54.9 58.4 62.1 66.2 70.7 75.6 5.3%
80%
>80% 156.9 173.2 176.7 174.7 183.9 193.9 204.8 216.8 229.8 244.1 259.7 276.8 4.9%

Total 504.3 559.8 574.1 570.8 604.0 640.3 680.1 723.7 771.4 823.9 881.5 944.8 5.5%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

Table 86 Asia Pacific hydrogen peroxide market volume, by function, 2017 - 2028 (Kilotons)

CAGR
Function 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Disinfectant 190.3 210.9 215.8 214.2 226.3 239.6 254.1 269.9 287.3 306.3 327.2 350.2 5.3%

Bleaching 279.9 307.7 312.3 307.6 322.4 338.6 356.2 375.5 396.5 419.4 444.6 472.1 4.5%

Oxidant 257.5 284.6 290.4 287.5 303.0 319.8 338.2 358.4 380.5 404.6 431.1 460.2 5.1%

Others 65.7 71.9 72.6 71.1 74.1 77.3 80.9 84.8 89.0 93.5 98.5 104.0 3.9%

Total 793.4 875.0 891.1 880.5 925.8 975.3 1,029.4 1,088.5 1,153.2 1,223.9 1,301.4 1,386.4 4.8%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

Table 87 Asia Pacific hydrogen peroxide market revenue, by function, 2017 - 2028 (USD Million)

CAGR
Function 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Disinfectant 121.6 135.6 139.7 139.6 148.4 158.0 168.6 180.2 192.9 207.0 222.4 239.4 6.0%

Bleaching 178.1 197.1 201.5 199.7 210.6 222.5 235.6 249.8 265.5 282.6 301.3 321.9 5.2%

Oxidant 165.4 183.9 188.9 188.2 199.5 212.0 225.5 240.4 256.8 274.8 294.5 316.3 5.7%

Others 39.2 43.2 43.9 43.3 45.5 47.8 50.4 53.2 56.2 59.6 63.2 67.2 4.6%

Total 504.3 559.8 574.1 570.8 604.0 640.3 680.1 723.7 771.4 823.9 881.5 944.8 5.5%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

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Table 88 Asia Pacific hydrogen peroxide market volume, by application, 2017 - 2028 (Kilotons)

CAGR
Application 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)
Pulp &
266.7 293.0 297.2 292.5 306.4 321.5 338.0 356.0 375.7 397.1 420.6 446.3 4.4%
Paper
Chemical
169.9 187.8 191.7 189.9 200.1 211.3 223.6 236.9 251.6 267.6 285.2 304.5 5.1%
Synthesis
Wastewater
66.8 74.1 75.9 75.4 79.8 84.5 89.7 95.4 101.7 108.5 116.0 124.3 5.4%
Treatment
Mining 14.0 15.2 15.2 14.8 15.3 15.8 16.4 17.0 17.6 18.4 19.1 20.0 2.9%
Food &
40.7 45.2 46.4 46.1 48.8 51.7 54.9 58.5 62.3 66.6 71.2 76.3 5.5%
Beverages
Personal
58.1 64.7 66.5 66.3 70.4 74.9 79.7 85.1 90.9 97.3 104.4 112.2 5.8%
Care
Healthcare 51.9 57.9 59.6 59.5 63.3 67.4 71.8 76.8 82.1 88.1 94.6 101.8 5.9%

Textiles 77.7 84.7 85.2 83.1 86.3 89.7 93.5 97.5 101.9 106.7 111.9 117.6 3.5%

Electronics 30.7 34.0 34.8 34.6 36.5 38.7 41.0 43.6 46.4 49.5 52.9 56.7 5.4%

Propulsion
10.4 11.4 11.6 11.3 11.8 12.4 12.9 13.6 14.3 15.0 15.8 16.7 4.0%
Systems
Others 6.3 6.9 7.0 6.8 7.1 7.5 7.8 8.2 8.6 9.0 9.5 10.1 4.0%

Total 793.4 875.0 891.1 880.5 925.8 975.3 1,029.4 1,088.5 1,153.2 1,223.9 1,301.4 1,386.4 4.8%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

Table 89 Asia Pacific hydrogen peroxide market revenue, by application, 2017 - 2028 (USD Million)

CAGR
Application 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)
Pulp &
168.7 186.6 190.6 188.7 199.0 210.1 222.3 235.6 250.1 266.0 283.5 302.6 5.1%
Paper
Chemical
108.3 120.5 123.9 123.4 130.9 139.1 148.1 158.0 168.8 180.6 193.7 208.1 5.7%
Synthesis
Wastewater
42.8 47.7 49.2 49.2 52.4 55.9 59.7 63.9 68.5 73.5 79.1 85.3 6.1%
Treatment
Mining 8.7 9.5 9.6 9.4 9.7 10.1 10.6 11.0 11.5 12.1 12.6 13.3 3.5%
Food &
26.1 29.2 30.1 30.1 32.1 34.2 36.6 39.2 42.0 45.2 48.6 52.4 6.2%
Beverages
Personal
37.4 41.9 43.3 43.5 46.4 49.7 53.2 57.2 61.5 66.2 71.5 77.3 6.5%
Care
Healthcare 33.4 37.5 38.9 39.1 41.8 44.8 48.1 51.7 55.6 60.0 64.8 70.2 6.6%

Textiles 48.7 53.4 54.0 53.0 55.4 58.0 60.8 63.8 67.1 70.7 74.5 78.8 4.1%

Electronics 19.6 21.9 22.6 22.6 24.0 25.6 27.3 29.2 31.2 33.5 36.1 38.8 6.0%
Propulsion
6.6 7.2 7.4 7.3 7.6 8.0 8.5 8.9 9.4 10.0 10.6 11.3 4.7%
Systems
Others 4.0 4.4 4.5 4.4 4.6 4.8 5.1 5.4 5.7 6.0 6.4 6.8 4.6%

Total 504.3 559.8 574.1 570.8 604.0 640.3 680.1 723.7 771.4 823.9 881.5 944.8 5.5%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

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7.2.3.1 CHINA
Table 90 China hydrogen peroxide market volume & revenue, 2017 - 2028 (Kilotons) (USD Million)

CAGR
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Volume 278.3 307.6 314.0 311.0 327.7 346.0 366.1 387.9 411.9 438.2 467.0 498.6 6.1%

Revenue 262.5 291.9 299.9 298.7 316.6 336.3 357.8 381.4 407.3 435.7 467.0 501.4 6.7%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

The demand for hydrogen peroxide in the country is projected to rise on account of the increasing
demand for sanitization & disinfection products and chemical manufacturing. The rapidly growing
chemical manufacturing industry in China is further projected to augment the demand for hydrogen
peroxide in the formulation of other chemicals. According to the CRISIL report, China’s share in the
global chemical industry increased from 24% in 2010 to 37% in 2018.

The growth is attributed to the rapidly increasing demand for chemicals in various end-use industries
such as personal care, construction, and electronics; favorable government policies such as the ease of
environmental norms and government subsidies; and availability of cheap labor in the country.
Moreover, the COVID-19 pandemic had a severe impact on China’s sanitization aspects, and cleaning &
disinfection activities grew significantly in the country since the first quarter of 2020. Thus, increasing
sanitation activities in the country are anticipated to boost the demand for hydrogen peroxide in the
production of cleaning and disinfection products over the forecast period.

Table 91 China hydrogen peroxide market volume, by grade, 2017 - 2028 (Kilotons)

CAGR
Grade 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

<30% 98.1 108.7 111.2 110.3 116.5 123.3 130.8 138.9 147.8 157.6 168.3 180.1 6.3%
30%-
69.0 76.6 78.5 78.1 82.6 87.6 93.0 98.9 105.4 112.6 120.5 129.1 6.5%
50%
50%-
22.9 25.3 25.7 25.4 26.8 28.2 29.8 31.5 33.4 35.4 37.7 40.2 5.9%
80%
>80% 88.3 97.1 98.6 97.2 101.8 107.0 112.5 118.6 125.3 132.5 140.5 149.2 5.5%

Total 278.3 307.6 314.0 311.0 327.7 346.0 366.1 387.9 411.9 438.2 467.0 498.6 6.1%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

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Table 92 China hydrogen peroxide market revenue, by grade, 2017 - 2028 (USD Million)

CAGR
Grade 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

<30% 92.9 103.6 106.6 106.4 113.1 120.4 128.4 137.1 146.8 157.4 169.0 181.9 6.9%
30%-
65.6 73.3 75.6 75.6 80.4 85.7 91.6 98.0 105.1 112.8 121.4 130.9 7.1%
50%
50%-
21.5 23.9 24.5 24.3 25.8 27.3 29.0 30.9 32.9 35.1 37.6 40.3 6.5%
80%
>80% 82.4 91.2 93.2 92.3 97.3 102.8 108.8 115.4 122.5 130.4 138.9 148.4 6.1%

Total 262.5 291.9 299.9 298.7 316.6 336.3 357.8 381.4 407.3 435.7 467.0 501.4 6.7%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

Table 93 China hydrogen peroxide market volume, by function, 2017 - 2028 (Kilotons)

CAGR
Function 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Disinfectant 60.1 66.8 68.5 68.1 72.1 76.5 81.3 86.5 92.3 98.6 105.5 113.2 6.6%

Bleaching 105.5 116.3 118.4 116.9 122.9 129.4 136.5 144.3 152.8 162.1 172.3 183.5 5.8%

Oxidant 92.0 101.8 104.1 103.2 109.0 115.2 122.1 129.6 137.8 146.8 156.7 167.5 6.2%

Others 20.7 22.8 23.1 22.7 23.8 24.9 26.2 27.5 29.0 30.7 32.5 34.4 5.3%

Total 278.3 307.6 314.0 311.0 327.7 346.0 366.1 387.9 411.9 438.2 467.0 498.6 6.1%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

Table 94 China hydrogen peroxide market revenue, by function, 2017 - 2028 (USD Million)

CAGR
Function 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Disinfectant 59.6 66.6 68.7 68.7 73.1 78.0 83.4 89.2 95.7 102.8 110.7 119.3 7.1%

Bleaching 97.1 107.6 110.3 109.5 115.7 122.5 130.0 138.1 147.1 156.8 167.6 179.4 6.4%

Oxidant 87.3 97.2 100.0 99.8 105.9 112.6 120.0 128.1 137.0 146.8 157.6 169.5 6.8%

Others 18.5 20.5 20.9 20.7 21.8 23.1 24.4 25.9 27.4 29.2 31.1 33.2 6.1%

Total 262.5 291.9 299.9 298.7 316.6 336.3 357.8 381.4 407.3 435.7 467.0 501.4 6.7%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

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Table 95 China hydrogen peroxide market volume, by application, 2017 - 2028 (Kilotons)

CAGR
Application 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)
Pulp &
94.0 103.6 105.3 103.9 109.0 114.7 120.8 127.6 134.9 142.9 151.7 161.3 5.7%
Paper
Chemical
59.4 65.8 67.4 66.9 70.6 74.7 79.3 84.2 89.6 95.5 102.0 109.2 6.3%
Synthesis
Wastewater
23.2 25.8 26.5 26.4 28.0 29.8 31.7 33.8 36.0 38.6 41.3 44.4 6.7%
Treatment
Mining 5.0 5.5 5.5 5.3 5.5 5.7 6.0 6.2 6.5 6.7 7.1 7.4 4.1%
Food &
14.2 15.8 16.2 16.1 17.1 18.2 19.4 20.7 22.1 23.6 25.3 27.2 6.8%
Beverages
Personal
20.1 22.5 23.1 23.1 24.6 26.2 28.0 29.9 32.1 34.4 37.0 39.9 7.0%
Care
Healthcare 17.9 20.1 20.7 20.7 22.1 23.6 25.2 27.0 28.9 31.1 33.5 36.1 7.2%

Textiles 27.7 30.3 30.5 29.9 31.1 32.4 33.8 35.4 37.1 38.9 40.9 43.1 4.7%

Electronics 10.7 11.9 12.2 12.1 12.8 13.6 14.5 15.4 16.5 17.6 18.9 20.2 6.6%

Propulsion
3.7 4.1 4.1 4.0 4.2 4.4 4.6 4.9 5.1 5.4 5.7 6.1 5.2%
Systems
Others 2.2 2.5 2.5 2.4 2.6 2.7 2.8 2.9 3.1 3.3 3.5 3.7 5.2%

Total 278.3 307.6 314.0 311.0 327.7 346.0 366.1 387.9 411.9 438.2 467.0 498.6 6.1%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

Table 96 China hydrogen peroxide market revenue, by application, 2017 - 2028 (USD Million)

CAGR
Application 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)
Pulp &
88.0 97.5 99.8 99.0 104.5 110.6 117.2 124.4 132.3 141.0 150.5 160.9 6.3%
Paper
Chemical
56.3 62.8 64.6 64.5 68.5 73.0 77.8 83.1 89.0 95.4 102.5 110.3 6.9%
Synthesis
Wastewater
22.2 24.8 25.6 25.7 27.4 29.3 31.3 33.6 36.0 38.8 41.8 45.1 7.3%
Treatment
Mining 4.6 5.0 5.1 5.0 5.2 5.4 5.6 5.9 6.1 6.4 6.8 7.1 4.6%
Food &
13.5 15.2 15.7 15.7 16.8 17.9 19.2 20.6 22.1 23.8 25.7 27.7 7.4%
Beverages
Personal
19.3 21.7 22.5 22.6 24.2 26.0 27.9 30.0 32.3 34.9 37.7 40.8 7.6%
Care
Healthcare 17.3 19.5 20.2 20.3 21.8 23.4 25.1 27.1 29.2 31.6 34.2 37.1 7.8%

Textiles 25.5 28.0 28.4 28.0 29.3 30.7 32.2 33.9 35.7 37.6 39.8 42.1 5.3%

Electronics 10.2 11.4 11.8 11.8 12.5 13.4 14.3 15.3 16.5 17.7 19.1 20.6 7.2%
Propulsion
3.4 3.8 3.9 3.8 4.0 4.2 4.5 4.7 5.0 5.3 5.7 6.0 5.8%
Systems
Others 2.1 2.3 2.3 2.3 2.4 2.6 2.7 2.8 3.0 3.2 3.4 3.6 5.7%

Total 262.5 291.9 299.9 298.7 316.6 336.3 357.8 381.4 407.3 435.7 467.0 501.4 6.7%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

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7.2.3.2 INDIA
Table 97 India hydrogen peroxide market volume & revenue, 2017 - 2028 (Kilotons) (USD Million)

CAGR
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Volume 195.2 216.1 221.0 219.2 231.5 244.8 259.4 275.4 292.9 312.1 333.2 356.3 6.3%

Revenue 85.5 95.3 98.1 97.9 103.9 110.6 117.8 125.8 134.6 144.2 154.8 166.5 6.9%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

The governments of developing countries in Asia Pacific such as India are promoting foreign
investments to establish the countries as manufacturing hubs for a majority of the chemicals worldwide.
India is characterized by the presence of less stringent regulations pertaining to the use of surfactants.
Thus, key manufacturers of surfactants are identifying growth opportunities in the country owing to the
easy availability of raw materials at a low cost. India is one of the significant markets for cleaning and
sanitization products across Asia Pacific due to the increasing awareness among the native population
about personal hygiene and cleanliness in public areas and institutions because of COVID-19.
Furthermore, India’s water treatment industry is a fast-growing industry. The country recorded USD 2.4
billion in revenue from the industry in 2019 and is anticipated to reach USD 4.3 billion by 2025. This is
largely due to the rapid industrialization in the country and increasing demand for municipal water along
with sewage treatment plants. Thus, the demand for hydrogen peroxide in water disinfection application
is expected to increase over the forecast period.

Table 98 India hydrogen peroxide market volume, by grade, 2017 - 2028 (Kilotons)

CAGR
Grade 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

<30% 69.1 76.7 78.6 78.1 82.7 87.6 93.1 99.0 105.6 112.7 120.6 129.3 6.5%

30%-
48.8 54.2 55.7 55.5 58.8 62.4 66.4 70.8 75.6 80.8 86.6 93.0 6.7%
50%
50%-
16.0 17.7 18.0 17.9 18.8 19.9 21.0 22.3 23.7 25.2 26.8 28.6 6.1%
80%
>80% 61.3 67.5 68.7 67.8 71.2 74.9 78.9 83.3 88.1 93.4 99.1 105.4 5.7%

Total 195.2 216.1 221.0 219.2 231.5 244.8 259.4 275.4 292.9 312.1 333.2 356.3 6.3%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

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Table 99 India hydrogen peroxide market revenue, by grade, 2017 - 2028 (USD Million)

CAGR
Grade 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

<30% 30.4 33.9 35.0 35.0 37.2 39.7 42.4 45.3 48.6 52.2 56.2 60.5 7.1%
30%-
21.5 24.0 24.8 24.9 26.5 28.3 30.3 32.5 34.9 37.5 40.4 43.6 7.3%
50%
50%-
7.0 7.8 8.0 8.0 8.4 9.0 9.5 10.2 10.8 11.6 12.4 13.3 6.7%
80%
>80% 26.7 29.6 30.3 30.1 31.8 33.6 35.6 37.9 40.3 42.9 45.8 49.0 6.3%

Total 85.5 95.3 98.1 97.9 103.9 110.6 117.8 125.8 134.6 144.2 154.8 166.5 6.9%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

Table 100 India hydrogen peroxide market volume, by function, 2017 - 2028 (Kilotons)

CAGR
Function 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Disinfectant 44.1 49.1 50.5 50.4 53.5 56.8 60.5 64.6 69.1 74.0 79.4 85.3 5.8%

Bleaching 70.1 77.4 78.9 78.0 82.2 86.7 91.6 96.9 102.8 109.2 116.3 124.0 5.0%

Oxidant 62.7 69.6 71.4 71.0 75.2 79.8 84.8 90.3 96.4 103.0 110.3 118.3 5.6%

Others 18.3 20.0 20.2 19.8 20.6 21.5 22.5 23.5 24.7 25.9 27.3 28.7 3.8%

Total 195.2 216.1 221.0 219.2 231.5 244.8 259.4 275.4 292.9 312.1 333.2 356.3 5.3%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

Table 101 India hydrogen peroxide market revenue, by function, 2017 - 2028 (USD Million)

CAGR
Function 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Disinfectant 19.6 21.9 22.7 22.7 24.3 25.9 27.8 29.8 32.1 34.5 37.3 40.3 6.4%

Bleaching 30.5 33.9 34.8 34.6 36.7 38.9 41.4 44.0 47.0 50.2 53.7 57.6 5.6%

Oxidant 27.6 30.9 31.9 31.9 34.0 36.3 38.8 41.5 44.5 47.9 51.6 55.6 6.2%

Others 7.8 8.6 8.7 8.6 9.0 9.4 9.9 10.4 11.0 11.6 12.3 13.0 4.4%

Total 85.5 95.3 98.1 97.9 103.9 110.6 117.8 125.8 134.6 144.2 154.8 166.5 5.9%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

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Table 102 India hydrogen peroxide market volume, by application, 2017 - 2028 (Kilotons)

CAGR
Application 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)
Pulp &
65.7 72.5 73.8 72.9 76.7 80.8 85.3 90.2 95.5 101.4 107.8 114.8 4.9%
Paper
Chemical
41.8 46.4 47.5 47.2 50.0 53.0 56.3 59.9 63.9 68.2 73.0 78.2 5.5%
Synthesis
Wastewater
16.4 18.3 18.8 18.7 19.9 21.2 22.6 24.1 25.8 27.6 29.7 31.9 5.9%
Treatment
Mining 3.5 3.8 3.8 3.7 3.8 4.0 4.2 4.3 4.5 4.7 4.9 5.2 3.3%
Food &
10.0 11.1 11.5 11.5 12.2 13.0 13.8 14.8 15.8 16.9 18.2 19.6 5.9%
Beverages
Personal
14.2 15.9 16.4 16.5 17.5 18.7 20.0 21.5 23.0 24.7 26.7 28.8 6.2%
Care
Healthcare 12.7 14.2 14.7 14.8 15.8 16.8 18.0 19.3 20.8 22.4 24.1 26.1 6.4%

Textiles 19.2 21.0 21.2 20.8 21.7 22.6 23.7 24.8 26.0 27.3 28.8 30.4 3.9%

Electronics 7.5 8.4 8.6 8.6 9.1 9.7 10.3 11.0 11.8 12.6 13.5 14.5 5.8%

Propulsion
2.6 2.8 2.9 2.8 3.0 3.1 3.3 3.4 3.6 3.8 4.1 4.3 4.4%
Systems
Others 1.6 1.7 1.7 1.7 1.8 1.9 2.0 2.1 2.2 2.3 2.5 2.6 4.4%

Total 195.2 216.1 221.0 219.2 231.5 244.8 259.4 275.4 292.9 312.1 333.2 356.3 5.3%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

Table 103 India hydrogen peroxide market revenue, by application, 2017 - 2028 (USD Million)

CAGR
Application 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)
Pulp &
28.7 31.8 32.6 32.4 34.3 36.3 38.6 41.0 43.7 46.7 49.9 53.5 5.5%
Paper
Chemical
18.3 20.5 21.1 21.1 22.5 24.0 25.6 27.4 29.4 31.6 34.0 36.6 6.1%
Synthesis
Wastewater
7.2 8.1 8.4 8.4 9.0 9.6 10.3 11.1 11.9 12.8 13.9 15.0 6.5%
Treatment
Mining 1.5 1.6 1.7 1.6 1.7 1.8 1.8 1.9 2.0 2.1 2.2 2.4 3.9%
Food &
4.4 4.9 5.1 5.1 5.5 5.9 6.3 6.8 7.3 7.9 8.5 9.2 6.5%
Beverages
Personal
6.3 7.1 7.4 7.4 7.9 8.5 9.2 9.9 10.7 11.5 12.5 13.6 6.8%
Care
Healthcare 5.6 6.4 6.6 6.7 7.2 7.7 8.3 8.9 9.7 10.4 11.3 12.3 7.0%

Textiles 8.3 9.1 9.3 9.2 9.6 10.1 10.6 11.2 11.8 12.5 13.2 14.0 4.5%

Electronics 3.3 3.7 3.8 3.9 4.1 4.4 4.7 5.1 5.4 5.9 6.3 6.8 6.4%
Propulsion
1.1 1.2 1.3 1.3 1.3 1.4 1.5 1.6 1.7 1.8 1.9 2.0 5.0%
Systems
Others 0.7 0.7 0.8 0.8 0.8 0.8 0.9 0.9 1.0 1.1 1.1 1.2 5.0%

Total 85.5 95.3 98.1 97.9 103.9 110.6 117.8 125.8 134.6 144.2 154.8 166.5 5.9%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Inves tor Presentation, Company Annual
Report

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7.2.3.3 JAPAN
Table 104 Japan hydrogen peroxide market volume & revenue, 2017 - 2028 (Kilotons) (USD Million)

CAGR
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Volume 65.5 72.1 73.3 72.3 75.9 79.8 84.1 88.7 93.8 99.4 105.5 112.2 5.6%

Revenue 31.3 34.7 35.5 35.2 37.2 39.3 41.6 44.2 47.0 50.1 53.5 57.2 6.3%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

Japan is a key market for cosmetics and personal care products across Asia Pacific. Japan is the
second-largest producer of cosmetic and personal care products after the U.S. Since the last few years,
the Japanese cosmetics and personal care industry has witnessed a drastic increase in value from
approximately USD 5.86 billion in 2012 to 8.15 billion in 2019. The increasing popularity of skin fix
makeup and rising consciousness about branded products are the key drivers of cosmetics industry.
Personal care industry in Japan comprises pharmaceutical, medical, cleaning, cosmetics, and some
other body care products. In 2020, the revenue was estimated around USD 6.7 million and expected to
grow at CAGR of 8.8% from 2020 to 2024. Increasing demand for textile products in the country is also
expected to fuel the demand for hydrogen peroxide in textiles industry. The average annual turnover of
the country’s textiles industry is marked at USD 96 billion. Thus, rising demand for textiles products in
the country is anticipated to propel the consumption of hydrogen peroxide over the forecast period.

Table 105 Japan hydrogen peroxide market volume, by grade, 2017 - 2028 (Kilotons)

CAGR
Grade 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

<30% 23.3 25.7 26.2 25.9 27.2 28.7 30.3 32.0 34.0 36.1 38.4 40.9 5.9%

30%-
16.5 18.2 18.6 18.4 19.4 20.5 21.7 23.0 24.4 25.9 27.6 29.5 6.1%
50%
50%-
5.3 5.9 6.0 5.9 6.1 6.5 6.8 7.2 7.5 8.0 8.5 9.0 5.4%
80%
>80% 20.4 22.3 22.5 22.1 23.1 24.1 25.3 26.5 27.9 29.4 31.0 32.8 5.1%

Total 65.5 72.1 73.3 72.3 75.9 79.8 84.1 88.7 93.8 99.4 105.5 112.2 5.6%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

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Table 106 Japan hydrogen peroxide market revenue, by grade, 2017 - 2028 (USD Million)

CAGR
Grade 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

<30% 11.2 12.4 12.7 12.6 13.4 14.2 15.0 16.0 17.1 18.2 19.5 20.9 6.5%
30%-
7.9 8.8 9.0 9.0 9.5 10.1 10.8 11.5 12.3 13.1 14.1 15.1 6.7%
50%
50%-
2.6 2.8 2.9 2.9 3.0 3.2 3.4 3.6 3.8 4.0 4.3 4.6 6.1%
80%
>80% 9.7 10.7 10.8 10.7 11.2 11.8 12.5 13.2 13.9 14.7 15.6 16.6 5.7%

Total 31.3 34.7 35.5 35.2 37.2 39.3 41.6 44.2 47.0 50.1 53.5 57.2 6.3%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

Table 107 Japan hydrogen peroxide market volume, by function, 2017 - 2028 (Kilotons)

CAGR
Function 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Disinfectant 17.5 19.3 19.8 19.6 20.7 21.9 23.2 24.6 26.1 27.8 29.7 31.7 5.2%

Bleaching 21.5 23.6 23.9 23.4 24.5 25.6 26.9 28.2 29.7 31.3 33.1 35.0 4.2%

Oxidant 21.0 23.2 23.6 23.3 24.5 25.8 27.2 28.8 30.5 32.4 34.5 36.7 4.9%

Others 5.5 6.0 6.1 6.0 6.2 6.5 6.8 7.1 7.5 7.9 8.3 8.7 3.9%

Total 65.5 72.1 73.3 72.3 75.9 79.8 84.1 88.7 93.8 99.4 105.5 112.2 4.7%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

Table 108 Japan hydrogen peroxide market revenue, by function, 2017 - 2028 (USD Million)

CAGR
Function 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Disinfectant 8.4 9.4 9.7 9.6 10.2 10.9 11.6 12.4 13.2 14.2 15.2 16.4 5.8%

Bleaching 10.2 11.2 11.4 11.3 11.9 12.5 13.2 13.9 14.7 15.6 16.6 17.7 4.8%

Oxidant 10.1 11.2 11.5 11.4 12.0 12.8 13.5 14.4 15.4 16.4 17.5 18.8 5.5%

Others 2.6 2.9 2.9 2.9 3.0 3.2 3.3 3.5 3.7 3.9 4.1 4.4 4.5%

Total 31.3 34.7 35.5 35.2 37.2 39.3 41.6 44.2 47.0 50.1 53.5 57.2 5.3%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

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Table 109 Japan hydrogen peroxide market volume, by application, 2017 - 2028 (Kilotons)

CAGR
Application 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)
Pulp &
22.0 24.1 24.4 24.0 25.0 26.2 27.5 28.9 30.5 32.2 34.0 36.0 4.2%
Paper
Chemical
14.0 15.5 15.8 15.6 16.4 17.3 18.3 19.3 20.5 21.8 23.2 24.7 4.9%
Synthesis
Wastewater
5.5 6.1 6.3 6.2 6.6 6.9 7.4 7.8 8.3 8.8 9.4 10.1 5.3%
Treatment
Mining 1.1 1.2 1.2 1.2 1.2 1.3 1.3 1.4 1.4 1.5 1.5 1.6 2.7%
Food &
3.4 3.7 3.8 3.8 4.0 4.3 4.5 4.8 5.1 5.4 5.8 6.2 5.3%
Beverages
Personal
4.8 5.4 5.5 5.5 5.8 6.2 6.5 7.0 7.4 8.0 8.5 9.1 5.6%
Care
Healthcare 4.3 4.8 4.9 4.9 5.2 5.5 5.9 6.3 6.7 7.2 7.7 8.3 5.7%

Textiles 6.4 6.9 6.9 6.8 7.0 7.3 7.6 7.9 8.2 8.6 9.0 9.4 3.3%

Electronics 2.5 2.8 2.9 2.8 3.0 3.2 3.4 3.6 3.8 4.0 4.3 4.6 5.2%

Propulsion
0.9 0.9 0.9 0.9 1.0 1.0 1.1 1.1 1.2 1.2 1.3 1.3 3.8%
Systems
Others 0.5 0.6 0.6 0.6 0.6 0.6 0.6 0.7 0.7 0.7 0.8 0.8 3.7%

Total 65.5 72.1 73.3 72.3 75.9 79.8 84.1 88.7 93.8 99.4 105.5 112.2 4.7%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

Table 110 Japan hydrogen peroxide market revenue, by application, 2017 - 2028 (USD Million)

CAGR
Application 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)
Pulp &
10.5 11.5 11.8 11.6 12.2 12.9 13.6 14.4 15.2 16.1 17.2 18.3 4.8%
Paper
Chemical
6.7 7.5 7.7 7.6 8.1 8.5 9.1 9.7 10.3 11.0 11.8 12.6 5.5%
Synthesis
Wastewater
2.7 3.0 3.1 3.0 3.2 3.4 3.7 3.9 4.2 4.5 4.8 5.2 5.9%
Treatment
Mining 0.5 0.6 0.6 0.6 0.6 0.6 0.6 0.7 0.7 0.7 0.8 0.8 3.2%
Food &
1.6 1.8 1.9 1.9 2.0 2.1 2.2 2.4 2.6 2.8 3.0 3.2 5.9%
Beverages
Personal
2.3 2.6 2.7 2.7 2.9 3.1 3.3 3.5 3.8 4.0 4.4 4.7 6.2%
Care
Healthcare 2.1 2.3 2.4 2.4 2.6 2.8 3.0 3.2 3.4 3.7 4.0 4.3 6.3%

Textiles 3.0 3.3 3.3 3.3 3.4 3.5 3.7 3.9 4.1 4.3 4.5 4.7 3.8%

Electronics 1.2 1.4 1.4 1.4 1.5 1.6 1.7 1.8 1.9 2.0 2.2 2.4 5.8%
Propulsion
0.4 0.4 0.5 0.4 0.5 0.5 0.5 0.5 0.6 0.6 0.6 0.7 4.4%
Systems
Others 0.2 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.4 0.4 0.4 4.4%

Total 31.3 34.7 35.5 35.2 37.2 39.3 41.6 44.2 47.0 50.1 53.5 57.2 5.3%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

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7.2.4 SOUTH AMERICA
Table 111 Japan hydrogen peroxide market volume & revenue, 2017 - 2028 (Kilotons) (USD Million)

CAGR
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Volume 56.7 61.6 61.8 60.2 62.4 64.8 67.4 70.2 73.3 76.7 80.4 84.4 4.3%

Revenue 61.3 72.4 67.2 63.6 66.7 70.0 73.7 77.8 82.2 87.1 92.5 97.9 5.5%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

South America has around one-third of the global water reserves, yet water management system in the
region is below average due to the lack of proper infrastructure and treatment plants. However, as cited
by the development bank of the region, South America is projected to witness huge growth opportunities
for water treatment activities in the coming years. Projects for water treatment plants have been
sanctioned in major cities such as Neiva, Manizales, Pereira, Bucaramanga, Cali, Tunja, and Bogota.
Moreover, more concession contracts are likely to be taken place in Brazil in the coming years, thereby
generating higher demand for hydrogen peroxide in the region over the forecast period.

The demand for cleanliness and disinfectant products in the region has increased significantly since the
second quarter of 2020. The COVID-19 outbreak led to a shortage of disinfectant products in the initial
stage in countries like Brazil; however, with government initiatives, the supply of disinfectant products
across Brazil stabilized. Currently, sanitizing products and disinfectants are substantially available in the
local market, and the demand for these products is anticipated to be high in the coming years. As a
result, hydrogen peroxide market is likely to witness growth over the forecast period.

Table 112 South America hydrogen peroxide market volume, by grade, 2017 - 2028 (Kilotons)

CAGR
Grade 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

<30% 20.0 21.8 21.9 21.4 22.2 23.1 24.1 25.2 26.4 27.6 29.0 30.5 4.5%
30%-
14.1 15.4 15.5 15.2 15.8 16.5 17.2 18.0 18.8 19.8 20.8 21.9 4.7%
50%
50%-
4.7 5.0 5.1 4.9 5.1 5.3 5.5 5.7 5.9 6.2 6.5 6.8 4.1%
80%
>80% 17.9 19.3 19.3 18.7 19.3 19.9 20.6 21.4 22.2 23.1 24.0 25.1 3.7%

Total 56.7 61.6 61.8 60.2 62.4 64.8 67.4 70.2 73.3 76.7 80.4 84.4 4.3%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

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Table 113 South America hydrogen peroxide market revenue, by grade, 2017 - 2028 (USD Million)

CAGR
Grade 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

<30% 21.8 25.7 23.9 22.7 23.9 25.1 26.5 28.0 29.7 31.5 33.6 35.6 5.8%
30%-
15.4 18.2 17.0 16.2 17.0 17.9 18.9 20.1 21.3 22.7 24.2 25.6 5.9%
50%
50%-
5.0 5.9 5.5 5.2 5.4 5.7 6.0 6.3 6.6 7.0 7.4 7.8 5.3%
80%
>80% 19.2 22.5 20.8 19.6 20.4 21.3 22.3 23.4 24.6 25.9 27.4 28.8 5.0%

Total 61.3 72.4 67.2 63.6 66.7 70.0 73.7 77.8 82.2 87.1 92.5 97.9 5.5%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annu al
Report

Table 114 South America hydrogen peroxide market volume, by function, 2017 - 2028 (Kilotons)

CAGR
Function 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Disinfectant 15.4 16.9 17.0 16.7 17.4 18.1 19.0 19.9 20.9 21.9 23.1 24.4 4.9%

Bleaching 18.3 19.8 19.8 19.2 19.8 20.4 21.1 21.9 22.8 23.7 24.7 25.8 3.8%

Oxidant 18.3 19.9 20.0 19.6 20.3 21.1 22.0 23.0 24.0 25.2 26.4 27.8 4.5%

Others 4.6 5.0 5.0 4.8 5.0 5.1 5.3 5.5 5.7 5.9 6.1 6.4 3.5%

Total 56.7 61.6 61.8 60.2 62.4 64.8 67.4 70.2 73.3 76.7 80.4 84.4 4.3%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

Table 115 South America hydrogen peroxide market revenue, by function, 2017 - 2028 (USD Million)

CAGR
Function 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Disinfectant 16.9 20.0 18.7 17.8 18.8 19.8 21.0 22.2 23.6 25.2 26.9 28.6 6.1%

Bleaching 19.6 23.0 21.3 20.0 20.9 21.8 22.9 24.0 25.3 26.7 28.2 29.7 5.0%

Oxidant 19.9 23.5 21.9 20.7 21.8 22.9 24.2 25.5 27.0 28.7 30.6 32.4 5.7%

Others 5.0 5.8 5.3 5.0 5.2 5.4 5.7 6.0 6.2 6.6 6.9 7.3 4.7%

Total 61.3 72.4 67.2 63.6 66.7 70.0 73.7 77.8 82.2 87.1 92.5 97.9 5.5%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

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Table 116 South America hydrogen peroxide market volume, by application, 2017 - 2028 (Kilotons)

CAGR
Application 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)
Pulp &
18.9 20.4 20.4 19.8 20.4 21.1 21.9 22.7 23.6 24.6 25.7 26.9 3.9%
Paper
Chemical
12.2 13.3 13.4 13.1 13.6 14.1 14.7 15.4 16.1 16.9 17.7 18.6 4.5%
Synthesis
Wastewater
4.8 5.3 5.3 5.2 5.5 5.7 6.0 6.3 6.6 6.9 7.3 7.7 4.9%
Treatment
Mining 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.1 1.1 1.1 1.1 2.2%
Food &
3.0 3.2 3.3 3.2 3.3 3.5 3.7 3.8 4.0 4.2 4.5 4.7 5.0%
Beverages
Personal
4.3 4.7 4.7 4.6 4.9 5.1 5.3 5.6 5.9 6.2 6.6 7.0 5.2%
Care
Healthcare 3.8 4.2 4.3 4.2 4.4 4.6 4.8 5.1 5.4 5.7 6.0 6.4 5.4%

Textiles 5.4 5.8 5.7 5.5 5.6 5.8 5.9 6.1 6.2 6.4 6.7 6.9 2.9%

Electronics 2.2 2.4 2.4 2.4 2.5 2.6 2.7 2.9 3.0 3.1 3.3 3.5 4.8%

Propulsion
0.7 0.8 0.8 0.8 0.8 0.8 0.8 0.9 0.9 0.9 1.0 1.0 3.5%
Systems
Others 0.4 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.6 0.6 3.3%

Total 56.7 61.6 61.8 60.2 62.4 64.8 67.4 70.2 73.3 76.7 80.4 84.4 4.3%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

Table 117 South America hydrogen peroxide market revenue, by application, 2017 - 2028 (USD Million)

CAGR
Application 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)
Pulp &
20.3 23.9 22.1 20.8 21.7 22.7 23.8 25.1 26.4 27.9 29.5 31.0 5.1%
Paper
Chemical
13.3 15.7 14.6 13.8 14.5 15.3 16.1 17.1 18.1 19.2 20.4 21.7 5.8%
Synthesis
Wastewater
5.3 6.3 5.8 5.6 5.9 6.2 6.6 7.0 7.4 7.9 8.4 9.0 6.1%
Treatment
Mining 1.0 1.2 1.1 1.0 1.0 1.1 1.1 1.1 1.2 1.2 1.3 1.3 3.4%
Food &
3.2 3.8 3.6 3.4 3.6 3.8 4.0 4.3 4.5 4.9 5.2 5.5 6.2%
Beverages
Personal
4.7 5.5 5.2 5.0 5.2 5.6 5.9 6.3 6.7 7.2 7.7 8.2 6.5%
Care
Healthcare 4.2 5.0 4.7 4.5 4.7 5.0 5.3 5.7 6.1 6.5 7.0 7.4 6.6%

Textiles 5.7 6.7 6.1 5.7 5.9 6.1 6.4 6.6 6.9 7.2 7.6 7.9 4.1%

Electronics 2.4 2.9 2.7 2.5 2.7 2.8 3.0 3.2 3.4 3.6 3.8 4.1 6.1%
Propulsion
0.8 0.9 0.8 0.8 0.8 0.9 0.9 0.9 1.0 1.0 1.1 1.1 4.7%
Systems
Others 0.5 0.6 0.5 0.5 0.5 0.5 0.5 0.6 0.6 0.6 0.6 0.7 4.5%

Total 61.3 72.4 67.2 63.6 66.7 70.0 73.7 77.8 82.2 87.1 92.5 97.9 5.5%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

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7.2.5 MIDDLE EAST & AFRICA
Table 118 Middle East & Africa hydrogen peroxide market volume & revenue, 2017 - 2028 (Kilotons)
(USD Million)

CAGR
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Volume 33.6 36.1 35.7 34.3 35.1 35.9 36.8 37.8 38.9 40.0 41.2 42.6 2.7%

Revenue 18.9 25.8 22.5 21.0 21.7 22.5 23.3 24.3 25.3 26.3 27.5 28.8 4.0%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

The Middle East & Africa has a history of poor water quality and distribution for the regional population
due to the lack of proper storage facilities and treatment plants. This has led to the spread of various
diseases such as cholera and dengue in the past. As a result, the local authorities and government
agencies started increasingly focusing on wastewater treatment projects to supply disinfected water for
residential consumption as well as commercial applications and farming.

Growing consumer awareness about the ill effects of consuming untreated water has further pushed
the introduction of various chemicals in water treatment applications. These factors are likely to
augment the demand for hydrogen peroxide in the region for disinfecting water sources over the
forecast period. However, a huge amount of investment is required to develop and set up a wastewater
treatment system in the region.

Table 119 Middle east & Africa hydrogen peroxide market volume, by grade, 2017 - 2028 (Kilotons)

CAGR
Grade 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

<30% 11.9 12.9 12.8 12.3 12.6 12.9 13.3 13.7 14.1 14.5 15.0 15.5 2.9%
30%-
8.5 9.1 9.1 8.8 9.0 9.2 9.5 9.8 10.1 10.4 10.8 11.2 3.1%
50%
50%-
2.7 2.9 2.9 2.8 2.8 2.9 3.0 3.0 3.1 3.2 3.3 3.4 2.5%
80%
>80% 10.4 11.1 11.0 10.5 10.7 10.9 11.1 11.3 11.6 11.8 12.1 12.5 2.2%

Total 33.6 36.1 35.7 34.3 35.1 35.9 36.8 37.8 38.9 40.0 41.2 42.6 2.7%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

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Table 120 Middle East & Africa hydrogen peroxide market revenue, by grade, 2017 - 2028 (USD
Million)

CAGR
Grade 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

<30% 6.7 9.2 8.1 7.5 7.8 8.1 8.4 8.8 9.2 9.6 10.0 10.5 4.2%
30%-
4.8 6.5 5.7 5.4 5.6 5.8 6.0 6.3 6.6 6.9 7.2 7.6 4.4%
50%
50%-
1.5 2.1 1.8 1.7 1.8 1.8 1.9 2.0 2.0 2.1 2.2 2.3 3.8%
80%
>80% 5.8 7.9 6.9 6.4 6.6 6.8 7.0 7.2 7.5 7.8 8.1 8.4 3.4%

Total 18.9 25.8 22.5 21.0 21.7 22.5 23.3 24.3 25.3 26.3 27.5 28.8 4.0%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

Table 121 Middle East & Africa hydrogen peroxide market volume, by function, 2017 - 2028 (Kilotons)

CAGR
Function 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Disinfectant 9.3 10.0 10.0 9.6 9.9 10.2 10.5 10.8 11.2 11.6 12.0 12.4 3.3%

Bleaching 10.7 11.5 11.3 10.8 11.0 11.2 11.4 11.7 12.0 12.2 12.6 12.9 2.2%

Oxidant 10.9 11.7 11.6 11.2 11.5 11.8 12.1 12.4 12.8 13.2 13.6 14.1 2.9%

Others 2.7 2.9 2.8 2.7 2.8 2.8 2.8 2.9 3.0 3.0 3.1 3.2 1.9%

Total 33.6 36.1 35.7 34.3 35.1 35.9 36.8 37.8 38.9 40.0 41.2 42.6 2.7%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

Table 122 Middle East & Africa hydrogen peroxide market revenue, by function, 2017 - 2028 (USD
Million)

CAGR
Function 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)

Disinfectant 5.3 7.2 6.3 5.9 6.2 6.4 6.7 7.0 7.3 7.7 8.1 8.5 4.5%

Bleaching 6.0 8.1 7.1 6.6 6.7 7.0 7.2 7.4 7.7 8.0 8.3 8.6 3.5%

Oxidant 6.2 8.4 7.3 6.9 7.1 7.4 7.7 8.0 8.3 8.7 9.1 9.5 4.2%

Others 1.5 2.0 1.8 1.6 1.7 1.7 1.8 1.8 1.9 2.0 2.0 2.1 3.2%

Total 18.9 25.8 22.5 21.0 21.7 22.5 23.3 24.3 25.3 26.3 27.5 28.8 4.0%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual
Report

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Table 123 Middle East & Africa hydrogen peroxide market volume, by application, 2017 - 2028
(Kilotons)

CAGR
Application 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)
Pulp &
11.1 11.9 11.7 11.2 11.5 11.7 11.9 12.2 12.5 12.8 13.1 13.5 2.3%
Paper
Chemical
7.3 7.8 7.8 7.5 7.7 7.9 8.1 8.3 8.6 8.8 9.1 9.4 3.0%
Synthesis
Wastewater
2.9 3.1 3.1 3.0 3.1 3.2 3.3 3.4 3.5 3.6 3.7 3.9 3.2%
Treatment
Mining 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 1.4%

Food &
1.8 1.9 1.9 1.8 1.9 2.0 2.0 2.1 2.2 2.2 2.3 2.4 3.4%
Beverages
Personal
2.5 2.8 2.8 2.7 2.8 2.9 2.9 3.1 3.2 3.3 3.4 3.6 3.6%
Care
Healthcare 2.3 2.5 2.5 2.4 2.5 2.6 2.7 2.8 2.9 3.0 3.1 3.2 3.7%

Textiles 3.1 3.3 3.3 3.1 3.1 3.1 3.2 3.2 3.3 3.3 3.4 3.4 1.3%

Electronics 1.3 1.4 1.4 1.4 1.4 1.5 1.5 1.5 1.6 1.6 1.7 1.8 3.2%
Propulsion
0.4 0.5 0.5 0.4 0.4 0.4 0.4 0.5 0.5 0.5 0.5 0.5 1.9%
Systems
Others 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 1.3%

Total 33.6 36.1 35.7 34.3 35.1 35.9 36.8 37.8 38.9 40.0 41.2 42.6 2.7%

Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Comp any Annual
Report

Table 124 Middle East & Africa hydrogen peroxide market revenue, by application, 2017 - 2028 (USD
Million)

CAGR
Application 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
(21-28)
Pulp &
6.2 8.5 7.4 6.9 7.1 7.3 7.5 7.8 8.1 8.4 8.7 9.1 3.6%
Paper
Chemical
4.1 5.6 4.9 4.6 4.7 4.9 5.1 5.3 5.6 5.8 6.1 6.4 4.2%
Synthesis
Wastewater
1.6 2.2 2.0 1.8 1.9 2.0 2.1 2.2 2.3 2.4 2.5 2.6 4.5%
Treatment
Mining 0.3 0.4 0.4 0.3 0.3 0.3 0.4 0.4 0.4 0.4 0.4 0.4 2.6%

Food &
1.0 1.4 1.2 1.1 1.2 1.2 1.3 1.3 1.4 1.5 1.6 1.6 4.6%
Beverages
Personal
1.4 2.0 1.8 1.7 1.7 1.8 1.9 2.0 2.1 2.2 2.3 2.4 4.9%
Care
Healthcare 1.3 1.8 1.6 1.5 1.6 1.6 1.7 1.8 1.9 2.0 2.1 2.2 5.0%

Textiles 1.7 2.4 2.0 1.9 1.9 1.9 2.0 2.0 2.1 2.1 2.2 2.3 2.5%

Electronics 0.7 1.0 0.9 0.8 0.9 0.9 1.0 1.0 1.0 1.1 1.1 1.2 4.5%
Propulsion
0.2 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 3.1%
Systems
Others 0.1 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 2.3%

Total 18.9 25.8 22.5 21.0 21.7 22.5 23.3 24.3 25.3 26.3 27.5 28.8 4.0%
Source: Journal of Chemical Education, ICCA, ICIS, ACA, Factiva, Hoovers, OneSource, UN Comtrade, Investor Presentation, Company Annual Report

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CHAPTER 08

Hydrogen Peroxide Market: Competitive


Analysis
8.1 Recent Developments & Impact Analysis, By Key Market Participants
Companies manufacturing hydrogen peroxide are continuously making efforts to broaden their
geographical presence through partnership along with collaboration with regional hydrogen peroxide
distributors and manufacturers. Through these operational integrations, manufacturers are trying to
reach out to potential consumers of hydrogen peroxide. For instance, in February 2020, Evonik
Industries AG has successfully acquired a U.S.-based hydrogen peroxide manufacturing company
named PeroxyChem for USD 640 million. This acquisition helped the company to expand its
geographical presence, especially in the U.S.

Moreover, in order to meet the growing demand for hydrogen peroxide, the companies are investing in
the expansion of their production capacities. For instance, Airedale Chemical has invested
approximately USD 60,000 in its manufacturing facilities to manufacture hydrogen peroxide-based
disinfectant products. Furthermore, to earn decent profit margins and economies of scale, the
companies are increasing their product prices. For instance, Arkema increased the prices of its
hydrogen peroxide products by about USD 36 per dry metric ton (DMT) to cover the increasing cost of
labor and electricity.

Manufacturers of hydrogen peroxide have been actively collaborating with the market leaders to
enhance their market penetration and product positioning. Furthermore, the manufacturing process of
hydrogen peroxide varies as per the requirements of end users such as paper & pulp, wastewater
treatment, mining, food & beverage, personal care, healthcare, textiles, and electronics among other
industries. Therefore, companies engaged in the production of hydrogen peroxide mostly prefer a value-
based pricing strategy to capture higher profitability.

The high demand for these products offers an opportunity for manufacturing companies to analyze the
customers’ needs and value proposition of competition in the market. Feedstock and process
technologies play a vital role in the manufacturing of hydrogen peroxide. Hydrogen peroxide
manufacturers are engaged in developing and innovating new process technology to reduce their
manufacturing cost & time and simultaneously increasing their operational efficiency.

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8.2 Company/Competition Categorization (Key Innovators, Market Leaders, Emerging
Players)
The market leaders are companies that have already established a significant presence in hydrogen
peroxide industry. In their quest to develop products with new feedstock, the companies have
formulated products that are well accepted and have established a significant geographical presence
using advance technical know-how with significant sales figures. In course, the companies have
cemented their position in the market.

Table 125 Key company categorization

Key Innovators Market Leaders Emerging Leaders

Arkema OCI COMPANY Ltd Airedale Chemical

Solvay Evonik Industries AG Grupa Azoty

National Peroxide Limited Akzo Nobel N.V. Gujarat Alkalies and Chemical Limited

Taekwang Industrial, CO., LTD.

Emerging players in the market have integrated their production and technical activities to provide
hydrogen peroxide for end-use industries with a focus on expanding distribution channels. Key
innovators in the market are Arkema, Solvay, and National Peroxide Limited. These companies have
attained a significant development in technology and manufactured hydrogen peroxide with the
adoption of product differentiation strategy.

8.3 Vendor Landscape


Table 126 List of Key Raw Material Suppliers

Company Contact Details

304, 3rd Floor, Western Edge 1, Kanakia Spaces, Above Metro Mall,
EMCO Dyestuff Western Express Highway, Borivali (East), Maharashtra - 400 066,
India
Tel:+91-22-42433333, Email: info@emcochemicals.com

PRAVIN DYECHEM PVT. LTD. Plot No. 4929B, GIDC Industrial Estate, Ankleshwar - 393002,
Gujarat
No. 10/11, 2nd Floor, Bhawani Bhuvan No. 1, Popatwadi, Mumbai
Ottokemi 400002, India.
Tel: +91-22-2207 0099 / 6638 2599, Email: info@ottokemi.com

Chaitanya tower, 2nd floor office no.206, Siddarth Nagar ,S.V. road,
Goregaon (West),Mumbai 400062
Suvchem
Tel No: +91 22 28725393, Email: info@suvchem.com,
sales@suvchem.com
Selleck Chemicals U.S. 14408 W Sylvanfield Drive, Houston, TX 77014 U.S

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Tel: +1-832-582-8158, Email: sales@selleckchem.com
5/F, Bldg. 8-B, Xigang Xinjie, 206 Zhenhua Rd., Xihu District,
Junwee Chemical Co., Ltd. Hangzhou 310030, China
Tel: +86 571 85808637, 85808636, Email: sales@junweechem.com

Tel: 00800 605 778 46, +32(0)3 735 07 00 (Ireland +44(0) 1865
TCI EUROPE N.V.
78 45 60; Switzerland & Liechtenstein +49 6196 640 53 00)

A.O.-171, (Amrit Steel Compound)


South Side, G.T. Road, Industrial Area, Ghaziabad-201001 (U.P.) India
Nutech Air Projects
Tel: +91-9312718367, +91-9560543848, Email:
info@nutechgasplant.com, sales@nutechgasplant.com
Unit No. 1 to 4, Agarwals Industrial Estate No.3, Sativli Road, Valiv,
Vasai (E), Dist. Palghar - 401208.
Vineeth Chemicals
Tel: 91 8149095778, +91 8149095779,+91 9049600004, Email:
vineethchemicals@gmail.com
9 & 10, Estate No. 3, 15 to 18 Building No. 8, Agrawal Udyog Nagar,
Sativli road, Vasai (E), Dist. Palghar - 401208.
Vineeth Precious Catalysts Pvt. Ltd.
Tel: +91 8149095778, +91 8149095779,+91 9049600004, Email:
vineethprecious@gmail.com
Merck KGaA Tel: 91 80 6621 9600

403-404, Delphi 'B' Wing, Hiranandani Business Park, Powai, Mumbai


Alfa Aesar, Thermo Fisher Scientific - 400 076, India
Tel: 1800222230, Email: ininfo@thermofisher.com
BASF SE Carl-Bosch-Str. 38, Ludwigshafen am Rhein, Germany
Tel: +49 621 600

C 122 TTC Industrial Area, Pawane, Navi Mumbai - 400703, India


Hindustan Platinum
Tel No: +91 22 6190 4000, Email: info@hp.co.in

Süd-Chemie India Pvt. Ltd. 401/402 Office Block, A-4 DLF Place District Centre, Saket
New Delhi 110 017, India
Tel No: +91 11-46460100, Email: marketing@sud-chemie-india.com
401, Aashiya Narsi Chaya 18, Swastik Soc North South Road 2, Vile
Indian Platinum Private Limited Parle West Mumbai - 421506, Maharashtra, India
Tel: 08048764048

Table 127 List of Key Distributors and Channel Partners

Company Contact Details Regional Presence

Donker Duyvisweg 44, NL-3316 BM Dordrecht,


Brenntag Nederland B.V. Netherlands Global
Tel: +31 78 6544 944, Email: info@brenntag.nl

Hawkins Inc. 2381 Rosegate, Roseville MN, 55113, U.S.


Global
Tel. 800-328-5460
Maroon Group 1390 Jaycox Road, Avon, Ohio 44011, U.S.
Tel: 440 937 1000, Email: Global
marketing@maroongroupllc.com
Interstate Chemical Company 2797 Freedland Rd, Hermitage, PA 16148, U.S. U.S.

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Tel: (724) 981-3771, (800) 422-2436
Univar Solutions Tel: +1 800-531-7106 Global

Alrewas House, Main Street, Alrewas, Burton On


Trent, Staffordshire, DE13 7ED, UK
Plater Group UK and Ireland
Tel: +44 (0)1283 792 600
Email: sales@platergroup.co.uk
2B / BW Shalimar Bagh,
Innova Corporate (India) Opp. BQ Market, Near DLF Mall Netherlands and India
New Delhi - 110088, India.
Solvay --- Global

Stationsweg 34, 1441 Ej Purmerend


DUTCH2
Netherlands
Haaksbergweg 88
De Oliphant Building, Floor 14 and 15
Nouryon 1101 BZ, Amsterdam Netherlands and European
Netherlands
T: +31 88 984 1000

Chemtex Speciality Ltd. Tel: +91 896 111 1111 Email: Global
mail@silverhydrogenperoxide.com

Table 128 List of End Users

Company Headquarters Regional Presence

The Clorox Company California, U.S. Global

KCWW Texas, U.S. Global

Archer Daniels Midland Company Illinois, U.S. Global

Cargill, Incorporated Minnesota, U.S. Global

PortionPac Chemical Corp. Illinois, U.S. U.S.

Noida, India
Jubilant Life Sciences Global

Nestlé Vevey, Switzerland Global

PepsiCo, Inc. New York, U.S. Global

Tyson Foods Arkansas, U.S. Global

Archer Daniels Midland Company Illinois, U.S. Global


Heineken Netherlands Global

Carlsberg Copenhagen, Denmark Global


Bacardi Hamilton, Bermuda Global

L'Oréal Clichy, France Global

Groupe Castel Bordeaux, France Global

Falcon Detergent Sharjah, UAE UAE, Oman, Kuwait, and Bahrain

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Asahi Group Holdings, Ltd. Sumida City, Tokyo, Japan Global
Lu Thai Textile Co., Limited Shandong, China China

Dow Michigan, U.S. Global

Cargill, Incorporated Minnesota, U.S. Global

Myco Chemicals Illinois, U.S. U.S.


Kao Corporation Tokyo, Japan Global

Tennant Company Minnesota, U.S. Global


The Armakleen Company New Jersey, U.S. U.S.

W.M. Barr & Company, Inc. Tennessee, U.S. U.S.


Buckeye International, Inc. Missouri, U.S. U.S.

3M Minnesota, U.S. Global

Westlake Chemicals Corporation Texas, U.S. Global

Stepan Company Illinois, U.S. Global

Table 129 List of Key Manufacturers

Company Headquarters Products Contact Details


35%, 50%, 60% and Neville House, J.N.Heredia Marg, Ballard
National Peroxide Maharashtra,
70% concentrated of Estate, Mumbai - 400001
Limited India
hydrogen peroxide Tel: +91 - 22 - 22618071

A 38G, Sector 64, Noida, Uttar Pradesh -


201301
Indian Peroxide 35%, 50% and 60% Phone: +91-120-240 6475
Delhi, India concentrated of
Limited General Enquiries: IPL@indianperoxide.com
hydrogen peroxide
HR Enquiries: HR@indianperoxide.com
Fax: +91-120-240 6474
Haaksbergweg 88
5%, 50%, 59% and 70% De Oliphant Building, Floor 14 and 15
Amsterdam
Nouryon concentrated of 1101 BZ, Amsterdam
The Netherlands hydrogen peroxide The Netherlands
T: +31 88 984 1000

MItsubishi 30%, 50% and above


Tokyo, Japan 70% concentrated of
Chemicals Tel: +81 3-6748-7300
hydrogen peroxide

35%, 50% and 60%


18KM Sheikhpura Road, Lahore+92 42
Descon Oxychem concentrated of
Lahore, Pakistan 37971382+92 42 37971382+92 42
Ltd hydrogen peroxide(food
37971384DOL@descon.comDOL@descon.com
and technical grade)

35%, 50% and 60% Energiakatu 4, P.O. Box 330


Kemira Helsinki, Finland concentrated of 00101 Helsinki, Finland
hydrogen peroxide Tel. +358 10 8611

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Fax. +358 10 862 1119
No. 1/2, Veer Bharat Society, No. 497/1
Paras Chemicals 6% concentrated of
Maharashtra, India Katad Khana, Pune - 411002, Maharashtra,
Industries hydrogen peroxide
India
30%-40%, 50%-60%,
and 60%-70% 94, Sogong-ro, Jung-gu, Seoul,
OCI COMPANY Ltd. Seoul, South Korea
concentrated of 100-718, South Korea
hydrogen peroxide
35%, 50%, 60%, and
Hidrojen Peroksit Hidrojen Peroksit A.Ş. 600 Evler Mah. Atatürk
Bandırma, Turkey 70% concentrated of
San. ve Tic. A.Ş. Cad. No:80 10200 Bandırma/Balıkesir
hydrogen peroxide

2, Neelyog Sukruti, Opp. Patel Nagar, M.g X Rd


3% concentrated of No. 4, Kandivali (w), Mumbai, India
Nilkanth Organics Maharashtra, India
hydrogen peroxide Tel: +91-22-65092080, Email:
nilkanthorganics@gmail.com

C-405, C-Wing, Neelkanth Business Park,


Paarichem 50% concentrated of
Maharashtra, India Vidyavihar West, Mumbai - 400086,
Resources LLP. hydrogen peroxide
Maharashtra, India

769 Jersey Avenue


2%, 3%,5%, 30%, 35%,
Spectrum New Brunswick, NJ 08901-3605
New Jersey, U.S. and 50%, concentrated
Chemicals Tel: 1.800.772.8786, Email:
of hydrogen peroxide
bulk@spectrumchemical.com

26-KM, Sheikhupura Road, Faisalabad.


Sitara Peroxide Phone: +92 41 2400900 – 902 (3 Lines)
Punjab, Pakistan Bulk hydrogen peroxide
Limited Fax: +92 41 2400903, 2400905 (2 Lines)
E-mail: spl@sitaraperoxide.com

Distributieweg 3
2645 EG Delfgauw
Delfgauw, Hydrogen peroxide for The Netherlands
Lenntech
Netherlands Disinfectant Phone: +31 152 610 900
fax: +31 152 616 289
e-mail: info@lenntech.com
Carretera de Olzinelles, S/N
Barcelona, 25%, 30%, 35%, 50%,
Arkema 08470 Sant Celoni (Barcelona)
Spain 60%, and 70%
Spain

35%-70% concentrated 1481 Glade Run Road


Solvay Brussels, Belgium
of hydrogen peroxide Albright Wv 26519, U.S

Evonik Industries AG
35%, 50%, 30%, 50%, Rellinghauser Straße 1—11
Evonik Industries 60%, and above 70% 45128 Essen
Essen, Germany
AG concentrated of Germany
hydrogen peroxide Tel: +49 201 177-01,
+49 201 177-3475 Email: info@evonik.com

Amsterdam, 30%-50% concentrated Christian Neefestraat 2


Akzo Nobel N.V.
Netherlands of hydrogen peroxide 1077 WW Amsterdam

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The Netherlands

North Yorkshire, 3%-50% concentrated of Airedale Mills, Skipton Rd, Cross Hills,
Airedale Chemical
UK hydrogen peroxide Keighley, North Yorkshire, BD20 7BX, UK

ednostka dominująca Grupy Kapitałowej Grupa


Azoty
35%, 49.5%, 50%,and ul. Kwiatkowskiego 8
Malopolskie,
Grupa Azoty 60% concentrated of 33-101 Tarnów, Polska
Poland
hydrogen peroxide
Tel.: +48 14 637 37 37
Email: kontakt@grupaazoty.com

P.O. Petrochemicals-391 346


Gujarat Alkalies and 35%-60% concentrated
Gujarat, India Dist. Vadodara, Gujarat, India.
Chemical Limited of hydrogen peroxide
Phone: +91 265 2232681/2
162-1 Jangchung-dong 2-ga, Jung-gu, Seoul,
35% to 60% Korea
Taekwang
Seoul, South Korea concentrated of
Industrial, CO., LTD. Petrochemical Business Unit +82-2-3406-
hydrogen peroxide
0200 / Fiber Business Unit +82-2-3406-0300

35% and 50% A wing, 4Th floor, S.K Ahire, Marg, Worli,
Aditya Birla Munbai
Mumbai, India concentrated of
Chemicals
hydrogen peroxide Tel: 66525000/24995000
United Chemical 50% concentrated of 74, Nilgunj Road, Agarpara, Kolkata- 700109,
Kolkata, India
Company hydrogen peroxide West Bengal, India

Haute Street Corporate Park,


86A Topsia Road, Kolkata – 700046,
Chemtex Speciality Hydrogen peroxide for
Kolkata, India West Bengal, India.
Limited Disinfectant
Tel: +91 33 7111 1111, Email:
info@chemtexlimited.com

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