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Hydrogen Peroxide Market Size to procure substantial returns from paper & pulp industry

Author : Ronak Bora | Published Date : 2019-08-07 

Rising paper &pulp industry is expected to be the major driver for global hydrogen peroxide market size in the upcoming years. Applications for brightening of deinked papers will favor industry demand, global paper &pulp industry was worth more than USD 550 billion in 2015 and will have a steady growth owing to the increasing flexible packaging material demand in the packaging industry. With growth of electronic commerce market and ease of home delivery system, the demand for flexible packaging will have a healthy growth. Also, growing awareness about usage of recycled papers will boost demand for de-inked recycled papers.

With the commercialization of hydrogen peroxide propylene oxide or HPPO process to produce propylene oxide using HP as raw material, the global hydrogen peroxide market share is forecast to witness a decent growth in the forecast period.

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Another sector witnessing heavy gains in the hydrogen peroxide industry is the waste water treatment industry. This industry will observe escalating growth at a rate of 5.5% over the period of 2016-2024. Government regulations for waste water treatments in industry and environmental protection are the attributing factors for the industry growth.

Paper & pulp industry accounted for around USD 1,550 million of hydrogen peroxide market share in 2015 and will continue to dominate the market throughout the forecast timeframe. This growth is on the account of rising demand of recycled papers and flexible packaging materials.

Chemical applications were worth more than USD 1,300 million in 2015 and will have a healthy growth at over 6% CAGR from 2016 to 2024.

Asia Pacific dominated with 50% of the global hydrogen market in 2015 with a revenue of over USD 2,000 million and is predicted to substantially acquire the market share in the coming timeframe. APAC hydrogen peroxide market growth, lead by China will exhibit a 6% CAGR over 2016-2024, driven by indulgent government norms and cheap workforce.

North America and Europe hydrogen peroxide market report are expected to cross USD 1,000 million by 2024. However, strict regulations by REACH, EPA, FDA and OSHA will shift the focus of the manufacturers to Asia Pacific regions.

Notable hydrogen peroxide industry participants are AkzoNobel, Arkema, Gujarat Alkalies, Solvay S.A., Kemira Oyj, Mitsubishi Chemical Corporation, Gujarat Alkalies & Chemicals, and Evonik Industries.

Glimpse of Table of Content (ToC)

Chapter 4. Hydrogen Peroxide Market, By End-User

4.1. Hydrogen peroxide market share by end-user, 2015 & 2024

4.2. Paper & pulp

4.2.1. Market estimates and forecasts, 2013 - 2024

4.2.2. Market estimates and forecasts by region, 2013 – 2024

4.3. Chemical

4.3.1. Market estimates and forecasts, 2013 - 2024

4.3.2. Market estimates and forecasts by region, 2013 – 2024

4.4. Waste water treatment

4.4.1. Market estimates and forecasts, 2013 - 2024

4.4.2. Market estimates and forecasts by region, 2013 – 2024

4.5. Mining

4.5.1. Market estimates and forecasts, 2013 - 2024

4.5.2. Market estimates and forecasts by region, 2013 – 2024

4.6. Others

4.6.1. Market estimates and forecasts, 2013 - 2024

4.6.2. Market estimates and forecasts by region, 2013 – 2024

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/hydrogen-peroxide-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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