Prismane

Hydrogen Peroxide Market Analysis, By Demand, By Region, By Applications and Forecast Report Till 2032

Hydrogen Peroxide Market Overview:

Hydrogen peroxide is a versatile and environmentally friendly compound that offers a wide range of applications, making it a valuable product in various industries. In the global market, major producers like Solvay, Arkema, and Evonik contribute to a total hydrogen peroxide capacity of around 5,000 Kiloton. Western Europe leads the world in hydrogen peroxide production, accounting for approximately 45% of the global capacity due to the presence of key companies in Germany, France, and Belgium. The hydrogen peroxide market is segmented by application, with the pulp & paper industry being the largest consumer, representing almost 50% of the global market. Following closely behind are the textile industry and wastewater treatment sectors.
 
Key players in the hydrogen peroxide market include AkzoNobel NV, Arkema Group, Evonik Industries AG, Gujarat Alkalies and Chemicals Limited, Meghmani Finechem, Thai Peroxide Company Limited (TPL), Kemira Oyj, Mitsubishi Gas Chemicals, Peroxy Chem LLC, Kingboard Chemical Holdings, and Solvay S.A. These companies are actively expanding their capacities to meet the growing hydrogen peroxide demand. For example, Solvay has announced capacity expansions at its European sites, while Evonik boasts a combined capacity of over 1,000 Kiloton. Mitsubishi Gas Chemicals plans to construct a 40-kiloton hydrogen peroxide plant in Taiwan.
 

Hydrogen Peroxide Region Analysis: 

Asia-Pacific dominates the global hydrogen peroxide market, driven primarily by strong demand in pulp & paper, textile, and water treatment applications. China stands out as the largest consumer, accounting for over 40% of the global market and more than half of the Asia Pacific market. The region is projected to experience the highest growth rate between 2022 and 2032, fuelled by robust hydrogen peroxide demand from China, India, and ASEAN countries.
 
China is expected to maintain its dominant position in the forecast period, while Asia-Pacific is anticipated to have the fastest growth, with a close to 7% compound annual growth rate (CAGR) in terms of revenue. This growth can be attributed to the shift of the paper and pulp industry to developing countries such as China, India, and ASEAN countries, driven by lenient government regulations and cost-effective labor forces. Notably, Thailand and South Korea serve as major exporters of hydrogen peroxide in the Asia-Pacific region.
 
In the Asia-Pacific region, India emerges as a leading consumer of hydrogen peroxide, with a projected growth rate of 8% between 2022 and 2032. The growth of the paper and pulp industry, along with the establishment of textile parks, will further drive the hydrogen peroxide market in the country. Key hydrogen peroxide producers in India include Gujarat Alkalies & Chemicals Ltd, Hindustan Organic Chemicals, National Peroxide, Meghmani, Chemplast Sanmar Ltd, and DCM Shriram Limited. 
 
India's hydrogen peroxide demand was estimated to be around 300 Kiloton in 2023, with an average annual import of approximately 57 Kiloton between 2016 and 2023. Notable projects in India include Meghmani Finechem's 60-kiloton hydrogen peroxide facility and DCM Shriram Limited s upcoming plant with a capacity of 52.5 Kiloton.
 
Solvay and Guangxi Chlor-Alkali Chemical (GHCAC) have entered into a license agreement, granting GHCAC access to Solvay's exclusive hydrogen peroxide process technology. As per the agreement, GHCAC will construct a hydrogen peroxide plant in Qinzhou, China. The primary purpose of this plant will be to facilitate the production of 300,000 tons of propylene oxide annually at the site, while also providing support to other operational units.

Additionally, it has been mutually agreed upon that Solvay will have an offtake arrangement for hydrogen peroxide following the commencement of operations at the mega plant. This agreement will contribute to the strategic expansion of Solvay s hydrogen peroxide business in China, with a particular focus on the southern region. The semiconductor industry, a key market for hydrogen peroxide, has seen notable developments in this area. 

Hydrogen Peroxide Recent Developments

In June 2022, Solvay made an announcement regarding the construction of a state-of-the-art facility in Casa Grande, Arizona to cater to the increasing demand in the U.S. semiconductor production market. Its primary focus will be the conversion of hydrogen peroxide into a high-purity grade specifically formulated for the cleaning of silicon wafers. These wafers are crucial components in semiconductor manufacturing and play a vital role in electronic devices.
 
In October 2022, POSCO Chemical and OCI completed the construction of a hydrogen peroxide plant with an annual capacity of 50 Kiloton in Gwangyang-si, South Korea to address the soaring demand of the semiconductor industry.
 

Scope of Report 

The Hydrogen Peroxide report describes the global Hydrogen Peroxide market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand-Supply Analysis
•  Demand Composition, by Applications
•  Capacity & Production
•  Trade (Import, Export and Net Export)
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Supply Demand Balance 
•  Hydrogen Peroxide Market data in terms of volume and value for each end-use 
   at regional and country level
•  Hydrogen Peroxide Market analysis for Production, Capacity and Demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment

1.  Introduction
      •  Scope
      •  Market Coverage
          -  Applications
          -  Regions
          -  Countries
      •  Years Considered
          -  Historical - 2016 – 2020
          -  Base - 2021
          -  Forecast Period - 2022 – 2032
      •  Research Methodology
          -  Approach
          -  Research Methodology
          -  Prismane Consulting Market Models
          -  Assumptions & Limitations
          -  Abbreviations & Definitions
          -  Conversion Factors
          -  Data Sources
2.  Market Synopsis 
      •  Market Evolution
      •  Demand-Supply Overview
      •  Industry Structure
      •  Strategic Issues
      •  End-use Trends
      •  Growth Forecast
3.  Economic & Energy Outlook
      •  GDP and Demographics
      •  Monetary & Fiscal Policies
      •  Crude Oil Production and prices
      •  Natural Gas
      •  Electricity Prices
4.  End-use Sector Performance
      •  Pulp & Paper
      •  Chemical
      •  Water Treatment
      •  Mining
      •  Textile
      •  Others
5.  Plants & Projects Analysis
      •  Hydrogen Peroxide Production Capacity, by Company
      • Hydrogen Peroxide Production Capacity, by Country and by region
      •  Capacity Overview, By Technology
6.  Introduction to Hydrogen Peroxide and Market Overview 
      •  Product Description
      •  Grades & Properties
      •  Raw Material
      •  Manufacturing Process
      •  Environmental Issues
      •  Value Chain
      •  Applications
7.  Market Dynamics and Industry Trends 
      •  Market Dynamics 
          -  Drivers
          -  Restraints
          -  Opportunities
          -  Challenges
8.  Global Hydrogen Peroxide Demand-Supply Analysis, By Applications (Volume, Value) (2016–2032)
      •  Strategic Issues
      •  Demand-Supply Analysis and Forecast (2016 – 2032)
          -  Capacity
          -  Capacity Utilization (%)
          -  Production
          -  Imports
          -  Exports
          -  Net Trade
          -  Demand
          -  Demand Growth Rate (%)
          -  Driving Force Analysis
      •  Global Hydrogen Peroxide Market, By Applications 
          -  Pulp & Paper Industry
          -  Chemical Industry
          -  Environmental Applications
               -  Water Treatment
               -  Mining
               -  Other
          -  Textile Industry
          -  Others
9.  Demand-Supply Analysis and Market Review, By Region, By Country (Volume, Value), (2016– 2032)
      •  Strategic Issues
      •  Capacity
      •  Capacity Utilization (%)
      •  Production
      •  Imports
      •  Exports
      •  Net Exports
      •  Demand
      •  Demand Growth Rate (%)
      •  Hydrogen Peroxide Market, By Applications
Note: Demand-Supply Analysis has been provided for all major Regions / Countries as mentioned below. The demand-supply (consumption) split by Applications, has been provided for each of the countries/regions in Volume (Kilotons) and Value (USD Million).
      •  North America
         -  USA
         -  Canada
         -  Mexico
      •  Western Europe
         -  Germany
         -  France
         -  Italy
         -  United Kingdom
         -  Spain
         -  Rest of Western Europe
      •  Central & Eastern Europe
         -  Russia
         -  Poland
         -  Rest of Central & Eastern Europe
      •  Asia-Pacific
         -  China
         -  Japan
         -  India
         -  South Korea
         -  Rest of Asia-Pacific
      •  Central & South America
      •  Middle East & Africa
Note: CAGR will be calculated for all the applications to arrive at the regional/global demand growth for the forecast period (2022 – 2032)
10.  Pricing Analysis
      •  Average Hydrogen Peroxide Prices, USD/Kg
      •  Average Hydrogen Peroxide prices, by Country 
      •  Average Hydrogen Peroxide prices, by Region
      •  Price Forecast
11.  Key Strategic Issues
12.  Business Opportunity Assessment 
      •  Market Attractiveness Assessment
      •  Prospective & Target Market Study
13.  Strategic Recommendation & Suggestions
14.  Company Analysis and Market Share Analysis
      •  Hydrogen Peroxide Manufacturers Profiles/ Company Analysis
         -  Basic Details
         - Headquarters, Key Markets
         -  Ownership
         -  Company Financial
         -  Manufacturing Bases
         -  Global Turnover
         -  Total Employee
         -  Product Portfolio / Services / Solutions
         -  Key Business Strategies adopted and Prismane Consulting Overview
         -  Recent Developments
         -  Companies Covered
             -  Solvay S.A.
             -  Arkema group
             -  Evonik Industries AG
             -  Thai Peroxide Company Limited (TPL)
             -  Gujarat Alkalies and Chemicals Limited
             -  Kemira Oyj
             -  DCM Shriram Limited
             -  Mitusbishi Gas Chemicals
             -  Peroxy Chem LLC
             -  Kingboard Chemical Holdings
             -  Meghmani Finechem
             -  Other Manufacturers
Note: This section includes company information, company financials, manufacturing bases, and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports, or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.
15.  Appendices
      •  Demand-Supply - Regions
      •  Demand-Supply– Countries
      •  Capacities, 2016-2032

Scope of Report 

The Hydrogen Peroxide report describes the global Hydrogen Peroxide market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand-Supply Analysis
•  Demand Composition, by Applications
•  Capacity & Production
•  Trade (Import, Export and Net Export)
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Supply Demand Balance 
•  Hydrogen Peroxide Market data in terms of volume and value for each end-use 
   at regional and country level
•  Hydrogen Peroxide Market analysis for Production, Capacity and Demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment