Hydrogen peroxide is a colorless compound that is usually produced as aqueous solutions of different strengths. Hydrogen peroxide is an eco-friendly, non-corrosive compound. Hydrogen peroxide is also utilized as an oxidizer and antiseptic. Hydrogen peroxide is produced by hydrolysis of ammonium persulfate. Hydrogen peroxide is also applied for the bleaching process of wood pulp, rocket propellant, et.
MARKET SCOPE
The "Global Hydrogen Peroxide Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Hydrogen peroxide market with detailed market segmentation by application and geography. The report provides key statistics on the market status of the leading Hydrogen peroxide market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on application, the market is bifurcated into paper and pulp, chemical, waste water treatment, mining, others.
MARKET DYNAMICS
Drivers
- Increasing usage of hydrogen peroxide as the oxidizing agent.
- The paradigm shift from chlorine to elemental chlorine-free chemicals.
- Increasing use of hydrogen peroxide in wastewater management.
- Rising R&D activities drive the Hydrogen peroxide market.
Restraints
- Harmfulness of hydrogen peroxide to the eyes
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Hydrogen peroxide market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Hydrogen peroxide market in these regions.
IMPACT OF COVID-19 ON Hydrogen peroxide MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The chemical & materials industry is one of the major industries suffering serious disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns, as a result of this pandemic. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods. Furthermore, various companies have already announced possible delays in product deliveries and slump in future sales of their products. The market for 3D printed metal is impacted by the pandemic due to shortfall in production along with halt in construction projects due to global lockdown.
MARKET PLAYERS
The report covers key developments in the Hydrogen peroxide market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Hydrogen peroxide market are anticipated to lucrative growth opportunities in the future with the rising demand for Hydrogen peroxide in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Hydrogen peroxide market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Akzonobel N.V.
- Arkema SA
- BASF SE
- Ecolab Inc. (Nalco Company)
- Evonik Industries AG
- Kemira OYJ
- Merck Group
- Mitsubishi Gas Chemical Company
- Solvay SA
- The DOW Chemical Company
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.