Global Hydrogen Peroxide Market is estimated to be valued at USD 3.74 Bn in 2025 and is expected to reach USD 5.37 Bn by 2032, growing at a compound annual growth rate (CAGR) of 5.3% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 3.74 Bn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
5.30%
2032 Value Projection:
USD 5.37 Bn
Figure. Hydrogen Peroxide Market Share (%), By Region 2025
The global hydrogen peroxide market is estimated to grow at a notable rate in the coming years owing to various factors. Hydrogen peroxide is an inorganic compound with the formula H2O2. Its chemical structure consists of two H-O-H units. Hydrogen peroxide is a clear liquid, slightly more viscous than water. Hydrogen peroxide is commonly sold as a 30-50% solution in water. Most of the hydrogen peroxide produced is used as a precursor to pulp bleaching in the paper industry and as a disinfectant or bleaching agent in the food industry. It is also used for bleaching textiles, hair, and wood. Additionally, hydrogen peroxide is an important raw material used in the chemical synthesis of other compounds and is also used in the production of propylene oxide. Furthermore, hydrogen peroxide caters to other applications in industries, such as electronics and healthcare, which is expected to fuel the market growth.
Market Dynamics:
The global hydrogen peroxide market is driven by various factors such as increasing demand from paper & pulp industry for bleaching purposes, growth in food disinfection industry, and increased usage in the healthcare and personal care industries. The high demand for paper and increasing usage of disinfectants and sanitizers in the food industry is fueling the market growth. Additionally, rising application of hydrogen peroxide in wastewater treatment plants is further propelling the demand. However, stringent regulations regarding the production and transportation of hydrogen peroxide are expected to hamper the market growth. Development of bio-based and eco-friendly alternatives also poses a threat to the market. Nevertheless, increasing R&D activities to develop innovative applications of hydrogen peroxide especially in healthcare industry is projected to offer lucrative opportunities for market expansion in the coming years.
Key Features of the Study:
This report provides an in-depth analysis of the global hydrogen peroxide market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global hydrogen peroxide market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Solvay S.A., BASF SE, Novo Nordisk Pharmatech A/S, Evonik Industries AG, Akzo Nobel N.V., Mitsubishi Gas Chemical Company, Inc., PeroxyChem LLC, Arkema Group, Gujarat Alkalies and Chemicals Ltd., Merck KGaA, Kemira Oyj, Aditya Birla Chemicals (Thailand) Ltd., Arkema Inc., Kingboard Chemical Holdings Ltd., Hansol Chemical Co. Ltd., Ecolab Inc., Dow Chemical Company, Christeyns, Apollo Scientific Ltd., and Guangdong Zhongcheng Chemicals Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global hydrogen peroxide market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global hydrogen peroxide market
Detailed Segmentation-
By Product Type:
35% Hydrogen Peroxide
50% Hydrogen Peroxide
Others
By Function:
Disinfectant
Bleaching
Oxidant
Others
By Application:
Pulp & Paper
Chemical Synthesis
Wastewater Treatment
Mining
Food & Beverages
Personal Care
Healthcare
Textiles
Others
By Region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Company Profiles:
Solvay S.A.
BASF SE
Novo Nordisk Pharmatech A/S
Evonik Industries AG
Akzo Nobel N.V.
Mitsubishi Gas Chemical Company, Inc.
PeroxyChem LLC
Arkema Group
Gujarat Alkalies and Chemicals Ltd.
Merck KGaA
Kemira Oyj
Aditya Birla Chemicals (Thailand) Ltd.
Arkema Inc.
Kingboard Chemical Holdings Ltd.
Hansol Chemical Co. Ltd.
Ecolab Inc.
Dow Chemical Company
Christeyns
Apollo Scientific Ltd.
Guangdong Zhongcheng Chemicals Inc
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Product Type
Market Snippet, By Function
Market Snippet, By Application
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
PEST Analysis
PORTER's Five Forces Analysis
Market Opportunities
Regulatory Scenario
Industry Trend
Mergers and Acquisitions
4. Global Hydrogen Peroxide Market - Impact of Coronavirus (COVID-19) Pandemic
Overview
Factors Affecting the Global Hydrogen Peroxide Market
Impact Analysis
5. Global Hydrogen Peroxide Market, By Product Type, 2020-2032, (US$ Bn & KT)
Introduction
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
35% Hydrogen Peroxide
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
50% Hydrogen Peroxide
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Others
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
6. Global Hydrogen Peroxide Market, By Function, 2020-2032, (US$ Bn & KT)
Introduction
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Disinfectant
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Bleaching
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Oxidant
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Others
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
7. Global Hydrogen Peroxide Market, By Application, 2020-2032, (US$ Bn & KT)
Introduction
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Pulp & Paper
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Chemical Synthesis
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Wastewater Treatment
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Mining
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Food & Beverages
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Personal Care
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Healthcare
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Textiles
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Others
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
8. Global Hydrogen Peroxide Market, By Region, 2020-2032, (US$ Bn & KT)
Introduction
Market Share Analysis, By Region, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2021-2032
North America
Introduction
Market Size and Forecast, By Application, 2020 - 2032, (US$ Bn & KT)
Market Size and Forecast, By Function, 2020 - 2032, (US$ Bn & KT)
Market Size and Forecast, By Application, 2020 - 2032, (US$ Bn & KT)
Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn & KT)
U.S.
Canada
Latin America
Introduction
Market Size and Forecast, By Application, 2020 - 2032, (US$ Bn & KT))
Market Size and Forecast, By Function, 2020 - 2032, (US$ Bn & KT)
Market Size and Forecast, By Application, 2020 - 2032, (US$ Bn & KT)
Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn & KT)
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Introduction
Market Size and Forecast, By Application, 2020 - 2032, (US$ Bn & KT)
Market Size and Forecast, By Function, 2020 - 2032, (US$ Bn & KT)
Market Size and Forecast, By Application, 2020 - 2032, (US$ Bn & KT)
Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn & KT)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, By Application, 2020 - 2032, (US$ Bn & KT)
Market Size and Forecast, By Function, 2020 - 2032, (US$ Bn & KT)
Market Size and Forecast, By Application, 2020 - 2032, (US$ Bn & KT)
Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn & KT)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East & Africa
Introduction
Market Size and Forecast, By Application, 2020 - 2032, (US$ Bn & KT)
Market Size and Forecast, By Function, 2020 - 2032 (US$ Bn & KT)
Market Size and Forecast, By Application, 2020 - 2032, (US$ Bn & KT)
Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn & KT)