+1-888-308-5802     
News Contact Us

Hydrogen Peroxide Market in U.S to achieve considerable growth in 2026

Author : Ravi Chawat | Published Date : 2021-05-11 

Speaking of the paper & pulp industry, Hydrogen Peroxide Market is anticipated to procure remarkable revenues from the vertical. The product is used for brightening deinked papers, which is likely to boost hydrogen peroxide market demand. For the record, the global paper & pulp industry stood at USD 550 bn in 2015 and is anticipated to expand with a rapid momentum in the coming years.

 

Request for Sample PDF Brochure (Use Corporate Email for Higher Priority) @

https://www.decresearch.com/request-sample/detail/851

 

Constant demand generated from key end use industries such as mining, chemical, water treatment, and pulp & paper is driving hydrogen peroxide market trends. In terms of revenue, global hydrogen peroxide market size is likely to gain revenues worth USD 6.39 Bn by 2024. The consolidating trend of paper recycling and augmenting demand for flexible packaging materials is anticipated to bolster hydrogen peroxide industry size.

 

The product is extensively used in the water treatment sector, as well as in various chemical processes. In addition, the commercialization of hydrogen peroxide propylene oxide or HPPO process for the production of propylene oxide is likely to further push market trends. Other factors contributing to the industry growth include electronic grade applications of the product, usage in metal treatment, and concrete investment in R&D activities, which has resulted in significant development in product grades.

 

The application spectrum of hydrogen peroxide encompasses a plethora of use cases. Usage in wastewater treatment is among the major applications of hydrogen peroxide, where it is deployed as an oxidizing agent. The ability to minimize the toxicity of organic compound and improve biodegradability makes the product highly desirable in the vertical.

 

In the chemical industry, the product has routine applications in the production of sodium perborate, sodium percarbonate, and various other peracids. Hydrogen peroxide market share from chemical industry applications stood at over USD 1,300 mn in 2015 and is expected to expand with an anticipated CAGR of 6% over 2016-2024.

 

Request for an in-depth table of contents for this report (Use Corporate Email Only) @  

https://www.decresearch.com/toc/detail/hydrogen-peroxide-market

 

Hydrogen peroxide market size from pulp & paper sector accumulated around USD 1,550 mn in 2015 and is expected to dominate the market throughout the forecast period.

 

The burgeoning growth of the wastewater treatment industry has ignited pockets of growth in the Europe hydrogen peroxide market. As per reliable estimates, around 18,000 wastewater treatment plants are currently operational in the region, which is generating massive hydrogen peroxide market demand. The region is endeavoring to achieve 100% sludge reuse targets in the coming years, 60% of which has already been achieved. Moreover, the presence of major manufacturers in the region is spurring the market growth.

 

However, owing to stringent regulatory norms pertaining to the production of hydrogen peroxide, manufacturers are increasingly shifting focus towards Asia Pacific, making it a potential avenue for hydrogen peroxide industry growth in the coming years. As per estimates, APAC constituted more than 50% of the global hydrogen peroxide market share in 2015 with a valuation of USD 2 billion.

 


Refer to Our Trending Reports:

 

https://www.globenewswire.com/news-release/2019/09/13/1915240/0/en/A-D-Chemical-Distribution-Market-to-cross-USD-5-Bn-by-2025-Global-Market-Insights-Inc.html

 

https://www.globenewswire.com/news-release/2017/10/30/1159838/0/en/Biocides-Market-to-exceed-13-bn-by-2024-Global-Market-Insights-Inc.html

 

https://www.globenewswire.com/news-release/2018/10/31/1639860/0/en/Rubber-Processing-Chemicals-Market-to-exceed-5-3bn-by-2025-Global-Market-Insights-Inc.html

About Author

Ravi Chawat

Ravi Chawat

Ravi Chawat holds a bachelor's degree in Electronics and Telecommunication Engineering. He has worked closely with industry specialists from different segments including chemicals, food and beverages, construction and manufacturing & energy and power. Ravi's article concentrates principally on balancing relevant data but never at the expense of making the content engaging. He believes in giving fair-minded information to guide significant business choices. [email protected] | https://twitter.com/RaviChawat

Related News

Global Plant Growth Regulators Market to garner significant revenues through 2025

Published Date: 2021-06-18         Author: Ravi Chawat

Global Plant Growth Regulators Market is forecast to exceed USD 9.7 billion; according to a new research report. Global plant growth regulators (PGR) market is anticipated to be majorly driven by the rapidly increasing product demand in Asia Pacific. This can be attributed to the growing awarenes... Read More

Industrial Solvents Market Future Scenario, Key Indicators, Growth rate, Industrial Opportunities to 2024

Published Date: 2021-06-18         Author: Ravi Chawat

Industrial Solvents Market may exceed USD 35 billion by 2024; according to a new research report. Increasing product usage in personal care, cosmetics and paints & coatings industries will stimulate industrial solvents market size. Growth in R&D investments towards product usage in skinca... Read More

Chitosan Market Trends and Dynamics, Drivers, Competitive landscape and Future Opportunities

Published Date: 2021-06-18         Author: Ravi Chawat

Chitosan Market is poised to surpass USD 5.1 billion; according to a new research report. Stringent environmental policies are being imposed by European Commission, which triggered increasing initiatives for waste water treatment in the region. According to European Commission, a total of USD 25 ... Read More

© 2021 Fractovia. All Rights Reserved