Worldwide Hydrogen Peroxide Industry to 2026 - by Grade, End-use and Region - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 27, 2021--
The “Global Hydrogen Peroxide Market Outlook to 2026” report has been added to ResearchAndMarkets.com’s offering.
According to the publisher, the Hydrogen Peroxide market is estimated to record at a CAGR of 3.27% during the forecast period.
The major factors responsible for the growth of the global hydrogen peroxide market are the extensive usage of hydrogen peroxide in the pulp & paper industry, the growing demand for hydrogen peroxide to propylene oxide (HPPO) process for propylene oxide manufacturing, and the increased use of hydrogen peroxide in water treatment. More than two-thirds of the hydrogen peroxide produced in the United States and Canada is used by the pulp and paper industry to bleach wood pulp prior to making paper. The reason for this is lower production costs, improved paper quality, increased yield of wood mass as well as ecological efforts to remove chlorine compounds in pulp bleaching processes, and their replacement with environmentally friendly bleach products.
Approximately more than 50% of all hydrogen peroxide produced worldwide is used as an agent in the bleaching of both mechanical and chemical pulps, supporting elemental chlorine-free bleaching. In many mills, there is a need to disinfect the water system to prevent microbial contamination of fibrous material in the circulation of water. Polysaccharides, which are leached from the pulp, act as nutrients for microbial growth and result in formations of microbial or semi-chemical slimes. These cause critical failures in papermaking and a reduction in the quality of paper, resulting in overall losses.
The uncontrolled growth of slimes can ultimately cause the breakages of paper and, as a consequence, a stoppage of the production line. Solutions of peracetic acid, which is a mixture of peracetic acid, hydrogen peroxide, acetic acid, and water that is available in various grades have been proved to be an effective bio-film remover in the water systems and are used as an environmentally benign oxidizing biocide in the pulp & paper industry. At present, the population growth and a general rise in the global standard of living have resulted in a surge in the use of hygienic paper goods such as diapers and tissue paper. There is also a surge in demand for paper and board for packaging, fueled largely by the soaring e-commerce industry and a change in food consumption habits. Hydrogen Peroxide is an effective disinfectant to use against SARS-COV-2 that persists on inanimate surfaces and surroundings. A good broad spectrum of bactericidal and antiviral properties combined with excellent stability and environmentally friendly characteristics make hydrogen peroxide an ideal disinfectant for virus inactivation.
High purity grade (>85%) hydrogen peroxide is largely used in aeronautics & space (propulsion applications) and electronics applications. And it is one of the most attractive replacements, not only since it is non-toxic and non-carcinogenic, but also due to its many advantageous properties, such as its high density and relatively low cost. Hydrogen peroxide is a mainstay in surface treatment within the metals and electronics industry. It is used for etching, polishing, and cleaning, plus it eliminates nitrogen oxide gases (NOx) in connection with nitric acid-based pickling operations.
- Evonik Industries AG
- Solvay S.A.
- National Peroxide Limited
- Arkema Group
- Mitsubishi Gas Chemical Company Inc.
- Aditya Birla Chemicals Ltd.
- Kemira Oyj
- Kingboard Holdings Limited
- Huatai Chemical Co. Ltd.
- OCI COMPANY Ltd.
Key Topics Covered:
1. Executive Summary
2. Research Scope and Methodology
2.1 Aim & Objective of the study
2.2 Market Definition
2.3 Study Information
2.4 General Study Assumptions
2.5 Research Phases
3. Market Analysis
3.2 Market Dynamics
3.3 Market Trends & Developments
3.4 Market Opportunities
3.5 Feedstock Analysis
3.6 Trade Scenario
3.7 Price Trend Analysis
3.8 Supply Scenario
3.9 Regulatory Policies
3.10 Analysis of Covid-19 Impact
4. Industry Analysis
4.1 Supply Chain Analysis
4.2 Porter’s Five Forces Analysis
4.2.1 Competition in the Industry
4.2.2 Potential of New Entrants into the Industry
4.2.3 Bargaining Power of Suppliers
4.2.4 Bargaining Power of Consumers
4.2.5 Threat of substitute products
5. Market Segmentation & Forecast
5.1 By Grade
5.1.1 Industrial Grade
5.1.2 High Grade
5.1.3 Lab Grade
5.1.4 Food Grade
5.2 By End Use
5.2.1 Pulp & Paper
5.2.2 Textile & Laundry
5.2.3 Aeronautics & Space
5.2.4 Chemical Synthesis
5.2.5 Cosmetic & Personal Care
5.2.6 Environmental Applications
6. Regional Market Analysis
7. Key Company Profiles
8. Competitive Landscape
8.1 List of Notable Players in the Market
8.2 M&A, JV, and Agreements
8.3 Market Share Analysis
8.4 Strategies of Key Players
9. Conclusions and Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/r9q0x4
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INDUSTRY KEYWORD: CHEMICALS/PLASTICS MANUFACTURING
SOURCE: Research and Markets
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PUB: 08/27/2021 07:27 AM/DISC: 08/27/2021 07:27 AM