Market Overview:
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
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
US$ 2.9 Billion |
Market Forecast in 2032
|
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.
Key Market Segmentation:
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:
- Chemical Synthesis
- Bleaching
- Disinfectant
- Cleaning and Etching
- Others
Breakup by End Use:
- Pulp and Paper
- Food and Beverages
- Water Treatment
- Textiles and Laundry
- Oil and Gas
- Healthcare
- Electronics
- Others
Breakup by Country:
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features |
Details |
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) |
Key Questions Answered in This Report:
- How has the Asia Pacific hydrogen peroxide market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Asia Pacific hydrogen peroxide market?
- What are the key regional markets?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end use?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Asia Pacific hydrogen peroxide market and who are the key players?
- What is the degree of competition in the industry?