Europe Hydrogen Peroxide Market Growth, Trends, Size, Demand, Revenue and Future Outlook
Europe Hydrogen Peroxide Market Size- By Product Function, By End User Industry- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Jan-2024 | Report ID: CHEM2404 | Pages: 1 - 154 | Formats*: |
| Category : Chemical & Materials | |||
Europe Hydrogen Peroxide Market Introduction and Overview
According to SPER Market Research, the Europe Hydrogen Peroxide Market is estimated to reach USD 1122.06 million by 2033 with a CAGR of 4.5%.
The report includes an in-depth analysis of the Europe Hydrogen Peroxide Market, including market size and trends, product mix, applications, and supplier analysis. At normal temperature, hydrogen peroxide is a tasteless, colourless liquid. The air naturally contains trace levels of gaseous hydrogen peroxide. Because hydrogen peroxide is unstable, it breaks down quickly into oxygen and water when heat is released. It is a strong oxidizer that, albeit inert, can ignite on its own when it comes into touch with organic materials.
- June 2023: In order to assist decarbonise the plant and create Europe's first hub for producing green hydrogen peroxide by mid-2026, Solvay and Sapio announced their agreement.
- April 2022: In order to increase hydrogen peroxide's positive environmental impact and lessen its negative environmental footprint, Evonik Industries AG unveiled a new sustainability plan.
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Market Opportunities and Challenges
Short-term growth in the market is mostly being driven by increased application in the water treatment sectors and increasing utilisation in the paper and pulp industries. Furthermore, increasing expenditures in boosting the capacity of hydrogen peroxide plants are anticipated to open up profitable growth opportunities for the European industry. Hydrogen peroxide is also used in the electronics sector for a number of purposes, such as etching and cleaning printed circuit boards. It is anticipated that the need for hydrogen peroxide will rise as long as the electronics industry continues to innovate. Moreover, oxidising agents, such as hydrogen peroxide, are employed in wastewater treatment procedures. The need for efficient wastewater treatment solutions is anticipated to fuel market expansion as environmental laws tighten.
Nonetheless, it is anticipated that rising hydrogen peroxide costs may limit the market's expansion. Furthermore, hydrogen peroxide must be handled and stored carefully because it is a hazardous chemical. Tight safety laws hinder market expansion since businesses must adhere to safety requirements for hydrogen peroxide transportation, storage, and use. Furthermore, competing substances or methods present competition for hydrogen peroxide in several applications. For instance, because they are less expensive, compounds based on chlorine are still favoured in some bleaching applications.
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Market Competitive Landscape
The hydrogen peroxide market in Europe is characterised by fierce competition and the existence of both domestic and foreign competitors. The regulatory environment, industry trends, and technical developments are some of the elements that impact market dynamics. Major industry participants are concentrating on R&D endeavours to improve product calibre and broaden their range of offerings. In addition, corporations frequently use partnerships, mergers, and acquisitions as ways to increase their market position. The major players in the Europe Hydrogen Peroxide Market include: Akzo Nobel N.V., Arkema, BASF SE, Chang Chun Group, Evonik Industries AG, FMC Corporation, Kemira, Nouryon, Nuberg, Solvay, Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Product Function, By End User Industry |
| Regions covered | France, Germany, Italy, Russia, Spain, United Kingdom and rest of Europe |
| Companies Covered | Akzo Nobel N.V., Arkema, BASF SE, Chang Chun Group, Evonik Industries AG, FMC Corporation, Kemira, Nouryon, Nuberg, Solvay, Others |
COVID-19 Impact on Europe Hydrogen Peroxide Market
The market for hydrogen peroxide in Europe has been significantly impacted by the Covid-19 outbreak. The demand for items containing hydrogen peroxide has surged as a result of the increased focus on cleanliness and disinfection techniques to stop the virus from spreading. The use of hydrogen peroxide as a disinfectant in hospitals and other healthcare facilities has increased significantly, especially in the healthcare sector. Nevertheless, throughout the epidemic, the sector also had to deal with difficulties like supply chain disruptions and logistical limitations.
Key Target Audience
- Chemical Industry
- Electronics Industry
- Healthcare Industry
- Manufacturers and Producers
- Paper and Pulp Industry
- Pharmaceutical Industry
- Research and Development
- Retailers
- Textile Industry
- Water Treatment Industry
- Others
Our in-depth analysis of the Europe Hydrogen Peroxide Market includes the following segments:
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| By End User Industry: |
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| By Region: |
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Key Topics Covered in the Report
- Europe Hydrogen Peroxide Market Size (FY’2023-FY’2033)
- Overview of Europe Hydrogen Peroxide Market
- Segmentation of Europe Hydrogen Peroxide Market By Product Function (Antiseptic, Bleaching, Dishwasher, Disinfectant, Oxidant, Vegetable Wash, and Other Product Functions)
- Segmentation of Europe Hydrogen Peroxide Market By End User Industry (Chemical Synthesis, Cosmetics and Healthcare, Electronics, Food and Beverage, Mining, Packaging, Pulp and Paper, Textiles, Wastewater Treatment, Other End-user Industries)
- Statistical Snap of Europe Hydrogen Peroxide Market
- Expansion Analysis of Europe Hydrogen Peroxide Market
- Problems and Obstacles in Europe Hydrogen Peroxide Market
- Competitive Landscape in the Europe Hydrogen Peroxide Market
- Impact of COVID-19 and Demonetization on Europe Hydrogen Peroxide Market
- Details on Current Investment in Europe Hydrogen Peroxide Market
- Competitive Analysis of Europe Hydrogen Peroxide Market
- Prominent Players in the Europe Hydrogen Peroxide Market
- SWOT Analysis of Europe Hydrogen Peroxide Market
- Europe Hydrogen Peroxide Market Future Outlook and Projections (FY’2023-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. SPER’s internal database2.1.4. Premium insight from KOL’s
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 Europe 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. Europe Hydrogen Peroxide Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Hydrogen Peroxide Market
7. Europe Hydrogen Peroxide Market, By Product Function (USD Million)
7.1. Europe Hydrogen Peroxide Market Value Share and Forecast, By Product Function, 2023-20337.2. Antiseptic7.3. Bleaching7.4. Dishwasher7.5. Disinfectant7.6. Oxidant7.7. Vegetable Wash7.8. Other Product Functions
8. Europe Hydrogen Peroxide Market, By End User Industry (USD Million)
8.1. Europe Hydrogen Peroxide Market Value Share and Forecast, By End User Industry, 2023-20338.2. Chemical Synthesis8.3. Cosmetics and Healthcare8.4. Electronics8.5. Food and Beverage8.6. Mining8.7. Packaging8.8. Pulp and Paper8.9. Textiles8.10. Wastewater Treatment8.11. Other End-user Industries
9. Europe Hydrogen Peroxide Market Forecast, 2019-2033 (USD Million)
9.1. Europe Hydrogen Peroxide Market Size and Market Share
10. Europe Hydrogen Peroxide Market, By Product Function, 2019-2033 (USD Million)
10.1. Europe Hydrogen Peroxide Market Size and Market Share By Product Function (2019-2026)10.2. Europe Hydrogen Peroxide Market Size and Market Share By Product Function (2027-2033)
11. Europe Hydrogen Peroxide Market, By End User Industry, 2019-2033 (USD Million)
11.1. Europe Hydrogen Peroxide Market Size and Market Share By End User Industry (2019-2026)11.2. Europe Hydrogen Peroxide Market Size and Market Share By End User Industry (2027-2033)
12. Europe Hydrogen Peroxide Market, By Region, 2019-2033 (USD Million)
12.1. Europe Hydrogen Peroxide Market Size and Market Share By Region (2019-2026)12.2. Europe Hydrogen Peroxide Market Size and Market Share By Region (2027-2033)12.3. France12.4. Germany12.5. Italy12.6. United Kingdom12.7. Rest of Europe
13. Company Profile
13.1. Akzo Nobel N.V.
13.1.1. Company details13.1.2. Financial outlook13.1.3. Product summary13.1.4. Recent developments
13.2. Arkema
13.2.1. Company details13.2.2. Financial outlook13.2.3. Product summary13.2.4. Recent developments
13.3. BASF SE
13.3.1. Company details13.3.2. Financial outlook13.3.3. Product summary13.3.4. Recent developments
13.4. Chang Chun Group
13.4.1. Company details13.4.2. Financial outlook13.4.3. Product summary13.4.4. Recent developments
13.5. Evonik Industries AG
13.5.1. Company details13.5.2. Financial outlook13.5.3. Product summary13.5.4. Recent developments
13.6. FMC Corporation
13.6.1. Company details13.6.2. Financial outlook13.6.3. Product summary13.6.4. Recent developments
13.7. Kemira
13.7.1. Company details13.7.2. Financial outlook13.7.3. Product summary13.7.4. Recent developments
13.8. Nouryon
13.8.1. Company details13.8.2. Financial outlook13.8.3. Product summary13.8.4. Recent developments
13.9. Nuberg
13.9.1. Company details13.9.2. Financial outlook13.9.3. Product summary13.9.4. Recent developments
13.10. Solvay
13.10.1. Company details13.10.2. Financial outlook13.10.3. Product summary13.10.4. Recent developments
13.11. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
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
Europe Hydrogen Peroxide Market is projected to reach USD 1122.06 million by 2033, growing at a CAGR of 4.5% during the forecast period.
Europe Hydrogen Peroxide Market grew in Market size from 2022. The Market is expected to reach USD 1122.06 million by 2033, at a CAGR of 4.5% during the forecast period.
Europe Hydrogen Peroxide Market CAGR of 4.5% during the forecast period.
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Europe Hydrogen Peroxide Market size is USD 1122.06 million from 2023 to 2033.
Europe Hydrogen Peroxide Market Segment is covered By Type, By End User, By Distribution Channel.
The Europe is anticipated to have the highest Market share in the Europe Hydrogen Peroxide Market.
The key players in the Market include Companies Covered Fresenius SE & Co. KGaA, Grifols S.A., Haemonetics Corporation, HLL Lifecare Limited, INNVOL Medical India Limited, Maco Pharma, Neo medic International, Poly Medi cure Limited, Span Healthcare Private Limited, Teleflex Incorporated.
The air naturally contains trace levels of gaseous hydrogen peroxide. Because hydrogen peroxide is unstable, it breaks down quickly into oxygen and water when heat is released.
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