The Asia Pacific hydrogen peroxide market size reached US$ 2.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.7 Billion by 2032, exhibiting a growth rate (CAGR) of 5.4% during 2024-2032.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 2.9 Billion |
Market Forecast in 2032
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US$ 4.7 Billion |
Market Growth Rate (2024-2032) | 5.4% |
Hydrogen peroxide, with the chemical formula H2O2, is a pale blue, clear liquid that is slightly more viscous than water. It is unstable in nature and stored in a weak acidic solution with a stabilizer. Hydrogen peroxide is active against a wide range of microorganisms, including viruses, bacteria, fungi, yeasts and spores. Consequently, it is widely used in the Asia Pacific region to cleanse tools, such as toothbrushes, and combat excessive microbial growth in water systems and cooling towers.
Asia Pacific represents the largest market for hydrogen peroxide across the globe. The increasing use of the compound in disinfectants primarily drives the demand for hydrogen peroxide in the region. The utilization of hydrogen peroxide is also increasing in the pulp and paper industry as it has emission-free and eco-friendly properties. It also finds applications across multiple sectors like chemical, pharmaceutical, personal care and cosmetics, electronics, and agriculture. Moreover, several environmental laws and regulations implemented in the region are playing a significant role in bolstering the market growth. Furthermore, with the spread of coronavirus disease (COVID-19), hydrogen peroxide is extensively being utilized for manufacturing sanitizers and hygiene products.
IMARC Group provides an analysis of the key trends in each segment of the Asia Pacific hydrogen peroxide market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on application and end use.
Breakup by Application:
Breakup by End Use:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Billion |
Segment Coverage | Application, End Use, Country |
Countries Covered | China, Japan, India, South Korea, Australia, Indonesia, Others |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |