Asia Pacific Hydrogen Peroxide Market Trends, Share, Size, Demand, Revenue and Future Outlook
Asia-Pacific Hydrogen Peroxide Market Growth, Size, Trends Analysis- By Application, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Nov-2024 | Report ID: CHEM24110 | Pages: 1 - 158 | Formats*: |
| Category : Chemical & Materials | |||
Asia Pacific Hydrogen Peroxide Market Introduction and Overview
According to SPER Market Research, the Asia Pacific Hydrogen Peroxide Market is estimated to reach USD 4.97 billion by 2033 with a CAGR of 5.65%.
The report includes an in-depth analysis of the Asia Pacific Hydrogen Peroxide Market, including market size and trends, product mix, applications, and supplier analysis. Hydrogen peroxide (H2O2) is a pale blue, transparent liquid that is somewhat more viscous than water. It is unstable in nature and should be stored in a weak acidic solution containing a stabiliser. Hydrogen peroxide is effective against a variety of microorganisms, including viruses, bacteria, fungus, yeasts, and spores. As a result, it is frequently utilised in the Asia Pacific region to clean instruments like toothbrushes and prevent excessive microbial development in water systems and cooling towers.
- In April 2023, Guangxi Chlor-Alkali Chemical (GHCAC) and Solvay inked a licence deal that will allow the Chinese partner to construct and run a massive hydrogen peroxide facility in Qinzhou (Guangxi Zhuang Autonomous Region).
- Evonik Industries AG unveiled a new sustainability plan in April 2022 with the goal of lowering hydrogen peroxide's environmental impact and increasing its positive effect.
Market Opportunities and Challenges
Opportunities- The pulp and paper sector is the primary driver of the Asia Pacific hydrogen peroxide market since the chemical is widely used to improve the brightness of paper. It is mostly owing to its environmental friendliness and low manufacturing costs. However, as the demand for disinfectants in hospitals and healthcare facilities in developing countries grows, so does the demand for hydrogen peroxide. Furthermore, nations such as India and Bangladesh are garment manufacturing hubs that also import to other Western countries, which, combined with the chemical's widespread use in bleaching cotton and other fibres, is expected to have an impact on the hydrogen peroxide market in the coming years. Furthermore, rising demand for wastewater treatment chemicals such as hydrogen peroxide for eliminating biochemical oxygen demand (BOD) and chemical oxygen demand (COD) from industrial waste water drives market growth.
Challenges-
Possible Health Risks Could Prevent Product Adoption : The chemical's strong oxidising properties make it potentially harmful to the skin, eyes, and respiratory system. Prolonged contact can cause skin and eye irritation as well as bleaching of the hair if it is not managed appropriately. Furthermore, it causes self-accelerated thermal breakdown since it is incompatible with the majority of raw materials, including heavy metals and copper alloys. To prevent any health risks, it should be handled and stored with care.
Market Competitive Landscape
The market for hydrogen peroxide in the Asia-Pacific region is consolidated. Among the leading companies are Solvay, National Peroxide Limited, MITSUBISHI GAS CHEMICAL COMPANY, INC., Evonik Industries AG, and Arkema.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Application. By End Use |
| Regions covered | Australia, China, India, Japan, South Korea, Rest of Asia-Pacific. |
| Companies Covered | Aditya Birla Chemicals, AkzoNobel N.V, Arkema, Avantor, Inc, Chang Chun Group, Chemplast Sanmar Limited, Evonik Industries AG, Gujarat Alkalies and Chemical Limited, HENAN JINHE INDUSTRY CO, LTD, Hodogaya Chemical Co., Ltd, Indian Peroxide Limited, Kemira, Meghmani Finechem Limited (MFL), MITSUBISHI GAS CHEMICAL COMPANY, INC. |
COVID-19 Impact on Asia Pacific Hydrogen Peroxide Market
COVID-19 had a negative influence on the market since it damaged economies and businesses in several Asian-Pacific countries through repeated government-imposed lockdowns, travel restrictions, supply chain disruptions, and unexpected corporate shutdowns. However, with the development of coronavirus, hydrogen peroxide is increasingly being used to manufacture sanitisers and hygiene products. Currently, the market has recovered from the pandemic and is developing rapidly.
Hydrogen Peroxide End-User Perspectives
Pulp and paper, chemicals, textiles, and food and beverage are all included in the end-user-based hydrogen peroxide market segmentation. The market is dominated by the pulp & paper segment. Because it is an environmentally benign substitute for bleaching chemicals based on chlorine, it is utilised as a bleaching agent in the paper and pulp sector.
Key Target Audience:
- Pulp and Paper Industry
- Textile Industry
- Healthcare and Pharmaceuticals
- Water Treatment Sector
- Electronics and Semiconductor Industry
- Food and Beverage Industry
- Chemical Manufacturers
- Environmental and Pollution Control Sectors
Our in-depth analysis of the Asia Pacific Hydrogen Peroxide Market includes the following segments:
| By Application: | |
| By End Use: |
Key Topics Covered in the Report:
- Asia Pacific Hydrogen Peroxide Market Size (FY’2024-FY’2033)
- Overview of Asia Pacific Hydrogen Peroxide Market
- Segmentation of Asia Pacific Hydrogen Peroxide Market By Application (Chemical Synthesis, Bleaching, Disinfectant, Cleaning and Etching, and Others)
- Segmentation of Asia Pacific Hydrogen Peroxide Market By End Use (Pulp and Paper, Food and Beverages, Water Treatment, Textiles and Laundry, Oil and Gas, Healthcare, Electronics, and Others)
- Statistical Snap of Asia Pacific Hydrogen Peroxide Market
- Expansion Analysis of Asia Pacific Hydrogen Peroxide Market
- Problems and Obstacles in Asia Pacific Hydrogen Peroxide Market
- Competitive Landscape in the Asia Pacific Hydrogen Peroxide Market
- Impact of COVID-19 and Demonetization on Asia Pacific Hydrogen Peroxide Market
- Details on Current Investment in Asia Pacific Hydrogen Peroxide Market
- Competitive Analysis of Asia Pacific Hydrogen Peroxide Market
- Prominent Players in the Asia Pacific Hydrogen Peroxide Market
- SWOT Analysis of Asia Pacific Hydrogen Peroxide Market
- Asia Pacific Hydrogen Peroxide Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPERs internal database2.1.4. Premium insight from KOLs
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Asia Pacific Hydrogen Peroxide Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Asia Pacific Hydrogen Peroxide Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Asia Pacific Hydrogen Peroxide Market
7. Asia Pacific Hydrogen Peroxide Market, By Application (USD Million) 2020-2033
7.1. Asia Pacific Hydrogen Peroxide Market Size, Share and Forecast, By Application, 2020-20267.2. Asia Pacific Hydrogen Peroxide Market Size, Share and Forecast, By Application, 2027-20337.3. Chemical Synthesis7.4. Bleaching7.5. Disinfectant7.6. Cleaning and Etching7.7. Others
8. Asia Pacific Hydrogen Peroxide Market, By End Use (USD Million) 2020-2033
8.1. Asia Pacific Hydrogen Peroxide Market Size, Share and Forecast, By End Use, 2020-20268.2. Asia Pacific Hydrogen Peroxide Market Size, Share and Forecast, By End Use, 2027-20338.3. Pulp and Paper8.4. Food and Beverages8.5. Water Treatment8.6. Textiles and Laundry8.7. Oil and Gas8.8. Healthcare8.9. Electronics8.10. Others
9. Asia Pacific Hydrogen Peroxide Market Forecast, 2020-2033 (USD Million)
9.1. Asia Pacific Hydrogen Peroxide Market Size and Market Share
10. Asia Pacific Hydrogen Peroxide Market, By Region, 2020-2033 (USD Million)
10.1. Asia Pacific Hydrogen Peroxide Market Size and Market Share By Region (2020-2026)10.2. Asia Pacific Hydrogen Peroxide Market Size and Market Share By Region (2027-2033)10.3. Australia10.4. China10.5. India,10.6. Japan10.7. South Korea,10.8. Rest of Asia-Pacific
11. Company Profile
11.1. Aditya Birla Chemicals
11.1.1. Company details11.1.2. Financial outlook11.1.3. Product summary11.1.4. Recent developments
11.2. AkzoNobel N.V
11.2.1. Company details11.2.2. Financial outlook11.2.3. Product summary11.2.4. Recent developments
11.3. Arkema
11.3.1. Company details11.3.2. Financial outlook11.3.3. Product summary11.3.4. Recent developments
11.4. Avantor, Inc
11.4.1. Company details11.4.2. Financial outlook11.4.3. Product summary11.4.4. Recent developments
11.5. Chang Chun Group
11.5.1. Company details11.5.2. Financial outlook11.5.3. Product summary11.5.4. Recent developments
11.6. Chemplast Sanmar Limited
11.6.1. Company details11.6.2. Financial outlook11.6.3. Product summary11.6.4. Recent developments
11.7. Evonik Industries AG
11.7.1. Company details11.7.2. Financial outlook11.7.3. Product summary11.7.4. Recent developments
11.8. Gujarat Alkalies and Chemical Limited
11.8.1. Company details11.8.2. Financial outlook11.8.3. Product summary11.8.4. Recent developments
11.9. Hodogaya Chemical Co., Ltd
11.9.1. Company details11.9.2. Financial outlook11.9.3. Product summary11.9.4. Recent developments
11.10. HENAN JINHE INDUSTRY CO.,LTD
11.10.1. Company details11.10.2. Financial outlook11.10.3. Product summary11.10.4. Recent developments
11.11. Indian Peroxide Limited
11.11.1. Company details11.11.2. Financial outlook11.11.3. Product summary11.11.4. Recent developments
11.12. Kemira
11.12.1. Company details11.12.2. Financial outlook11.12.3. Product summary11.12.4. Recent developments
11.13. Meghmani Finechem Limited (MFL)
11.13.1. Company details11.13.2. Financial outlook11.13.3. Product summary11.13.4. Recent developments
11.14. MITSUBISHI GAS CHEMICAL COMPANY, INC
11.14.1. Company details11.14.2. Financial outlook11.14.3. Product summary11.14.4. Recent developments
11.15. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Asia Pacific Hydrogen Peroxide Market is projected to reach USD 4.97 billion by 2033, growing at a CAGR of 5.65% during the forecast period.
Asia Pacific Hydrogen Peroxide Market grew in Market size from 2024. The Market is expected to reach USD 4.97 billion by 2033, at a CAGR of 5.65% during the forecast period.
Asia Pacific Hydrogen Peroxide Market CAGR of 5.65% during the forecast period.
You can get the sample pages by clicking the link - Click Here
Asia Pacific Hydrogen Peroxide Market size is USD 4.97 billion from 2024 to 2033.
Asia Pacific Hydrogen Peroxide Market is covered By Application. By End Use.
The Asia Pcific is anticipated to have the highest Market share in the Asia Pacific Hydrogen Peroxide Market.
Hydrogen peroxide (H2O2) is a pale blue, transparent liquid that is somewhat more viscous than water. It is unstable in nature and should be stored in a weak acidic solution containing a stabiliser.
The key players in the Market include Companies Covered Aditya Birla Chemicals, AkzoNobel N.V, Arkema, Avantor, Inc, Chang Chun Group, Chemplast Sanmar Limited, Evonik Industries AG, Gujarat Alkalies and Chemical Limited, HENAN JINHE INDUSTRY CO, LTD, Hodogaya Chemical Co., Ltd, Indian Peroxide Limited, Kemira, Meghmani Finechem Limited (MFL), MITSUBISHI GAS CHEMICAL COMPANY, INC.
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