Thursday, February 9, 2023
  • About Us
  • Contact Us
KsaWeekly.com
  • News
  • Business
  • Finance
  • Technology
  • Lifestyle
  • Middle East
  • Press Release
Submit a News Release
No Result
View All Result
KsaWeekly.com
Submit PR
Home Press Release

Hydrogen Peroxide Market worth $4.0 billion by 2027

Press Room by Press Room
November 28, 2022
in Press Release
Hydrogen Peroxide Market worth $4.0 billion by 2027
Share on FacebookShare on Twitter


 


(EMAILWIRE.COM, November 28, 2022 ) The report “Hydrogen Peroxide Market by Grade (90% H2O2, 35% H2O2, 6 TO 10% H2O2, 3% H2O2), Application, End-use Industry (Pulp & Paper, Food & Beverage, Water Treatment, Textiles & Laundry, Oil & Gas, Healthcare, Electronics), & Region – Global Forecast to 2027″, Hydrogen peroxide market size is projected to reach USD 4.0 billion by 2027 from USD 3.2 billion in 2022 growing at a CAGR of 5.0%.

Download PDF brochure of the Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=66522823

Hydrogen peroxide has replaced chorine-based bleaches, potassium dichromate, and potassium permanganate in many applications. It is used by many industries, such as pulp & paper, textile, chemical synthesis, healthcare & personal care, electronics & semiconductor, food processing, water and wastewater treatment, mining and metallurgy, leather processing, and recycling, as it is economical and environment-friendly.

Pulp and paper to be the largest end-use industry during the forecast period

Hydrogen peroxide is used for many bleaching applications in the pulp & paper industry, such as chemical, mechanical, and recovered fibers bleaching, as it is chlorine-free. In recent years, the use of hydrogen peroxide increased significantly in the pulp & paper industry owing to its easy use, lower production costs, improved paper quality, increased yield percentage, and environmental-friendly attributes. The brightness of the paper made from hydrogen peroxide bleach is more stable. The result of hydrogen peroxide bleaching largely depends on the species of wood, age of wood, and lignin content.

The pulp & paper industry has grown considerably in the past few years, increasing the demand for hydrogen peroxide in bleaching applications. The growing demand for chemical pulp in the paper industry is also expected to drive the demand for hydrogen peroxide. This growth is also fundamentally driven by environmental issues with regard to other bleaching chemicals.

35% hydrogen peroxide grade to dominate the hydrogen peroxide market

35% Food Grade Hydrogen Peroxide is used to spray inside of foil line containers to use for food storage. This is known as the aseptic packaging system. It is used for the production of foods like eggs, cheese and whey-products. The 35% Technical Grade Hydrogen Peroxide is used for waste water treatment and the disinfection of cosmetics, potable water and laundry applications. This may also include some quantity of phosphorus to neutralize any chlorine in the water.

The 35% Standard Grade Hydrogen Peroxide is majorly used for bleaching in the pulp and paper industry, the textile industry, environmental process (detoxification and deodorization) and oxidation reactions in the chemical industry. This is also used for wastewater treatment. This also contains stabilizers, additives and impurities. This should not be ingested.

Don’t miss out on business opportunities in Hydrogen Peroxide Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=66522823

Browse And In-Depth TOC On “Hydrogen Peroxide Market”
219 – Market Data Tables
38 – Figures
201 – Pages

North America to be the third largest region in the hydrogen peroxide market during the forecast period

North America has long been one of the critical markets for hydrogen peroxide. The North American market mainly comprises the US, Canada, and Mexico; the US is the dominant market in the region, with a share of more than 81.34% in terms of value. The market for hydrogen peroxide in the US is driven by its local industrial demand and exports to the North American Free Trade Agreement (NAFTA) and South America.

The NAFTA has helped develop a close trade relationship between the US, Mexico, and Canada, enabling these countries to extend their product reach to the world’s leading economies at lower costs. The US is expected to continue dominating the hydrogen peroxide market in North America during the forecast period. The largest share of the US in the North American market can primarily be attributed to its establishment in the pulp and paper industry. For economic and environmental reasons, regions with abundant and productive forests, such as North America, are associated with the manufacture of pulp, paper, and other forest products. Due to the close association of the pulp and paper manufacturing sector with productive forests, more than 450 pulp and paper mills are operating in North America.

Solvay S.A. (Belgium), Evonik Industries AG (Germany), Arkema (France), Nouryon (Netherlands) and Taekwang Industrial Co. (South Korea) are the key players operating in the hydrogen peroxide market. Acquisitions, expansions, contracts, agreements & partnerships, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the hydrogen peroxide market.

Get Sample Pages of This Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=66522823

About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.



Source link

Previous Post

MTN Nigeria Signs up for HyperNym’s IoT Platform “HyperNET” to expand their IoT offerings in Nigeria Market

Next Post

Factbox: Saudi Arabia v Mexico World Cup 2022: kickoff time, venue, stats and odds

RECOMMENDED NEWS

Edge Computing Market Size, Share, Trends, Analysis and Forecast to 2026

8 months ago

Lusail Boulevard businesses keen on attracting visitors after post-World Cup drop in foot traffic – Doha News

3 weeks ago

Insurance Analytics Market Size, Share, Trends, Analysis and Forecast to 2026

7 months ago

A day in the life of Sheikh Hamdan, Crown Prince of Dubai

1 month ago

BROWSE BY CATEGORIES

  • Business
  • Finance
  • Lifestyle
  • Middle East
  • News
  • Press Release
  • Technology

POPULAR NEWS

  • ZainTech partners with LigaData to deliver data-driven digital services in MENA

    ZainTech partners with LigaData to deliver data-driven digital services in MENA

    0 shares
    Share 0 Tweet 0
  • تم إطلاق VOYAH FREE في أوروبا وتم افتتاح معرض VOYAH.

    0 shares
    Share 0 Tweet 0
  • Saudi Arabia’s NuqtahNFT and ConsenSys partner to empower Web 3 startups

    0 shares
    Share 0 Tweet 0
  • Vidliz Expands Its Data-Driven Online Marketing Services in the Middle East

    0 shares
    Share 0 Tweet 0
  • قد يؤدي استهلاك الجوز إلى إبطاء تطوّر السرطان

    0 shares
    Share 0 Tweet 0

KSA Weekly™ publishes and aggregates business, socio-economic, Tech and industrial news on Saudi Arabia, Middle East and North Africa (MENA).

We provide press release distribution to media in the Kingdom of Saudi Arabia, the Arab world and the GCC/MENA regions. To send your press release, contact us today.

Recent News

Recent Posts
  • Saudi Arabia Unexpectedly Raises Oil Prices for Next Month – Bloomberg
  • Saudi Arabia’s LEAP23 sees $9 billion in investments on opening day – Gulf News
  • Saudi Arabia expands its mineral exploration with 377 mining … – Arab News
  • Saudi Arabian women's football gathers momentum and investment … – Arab News
  • Saudi Arabia's real estate challenge needs to solved sustainably – Arabian Business

Category

News

Business

Finance

Technology

Lifestyle

Middle East

Press Releases

Subscribe to Our Newsletter

    KSA Weekly ™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC

    • About Us
    • Contact Us
    • Submit a Press Release
    No Result
    View All Result
    • News
    • Business
    • Finance
    • Technology
    • Lifestyle
    • Middle East
    • Press Release

    © 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.