Global Hydrogen Peroxide market will reach 5020 million US$ by the end of 2025
Published Date: 2019/1/10
Hydrogen peroxide, (H2O2), is a clear, colorless, slightly viscous liquid. It is a green oxidant that decomposes in water and oxygen. It is slightly denser than water, but is miscible with water in all proportions, used principally for bleaching cotton and other textiles and wood pulp, in the manufacture of other chemicals, as a rocket propellant, and for cosmetic and medicinal purposes. Solutions containing more than about 8 percent hydrogen peroxide are corrosive to the skin.
Hydrogen peroxide is marketed in the form of aqueous solutions. Major commercial grades are aqueous solutions containing 27.5, 35, 50, 70, or 90 percent hydrogen peroxide and small amounts of stabilizers (often tin salts and phosphates) to suppress decomposition.
But in this report, the volume of hydrogen peroxide is calculated in accordance with 100% hydrogen peroxide yield statistics.
Currently, there are some companies in the world can produce hydrogen peroxide product, mainly concentrate in China. The main market players are Zhongneng Chemical, Luxi Chemical, Liuzhou Chemical Group, Jinhe shiye, Jincheng Anthracite Jinshi Chemical, etc. The sales of hydrogen peroxide increased from 3964.3 K MT in 2013 to 5082.1 K MT in 2017, at a CAGR of more than 6.41%.
In consumption market, the growth rate of global consumption is smooth relatively. Asia-Pacific and Europe are still the mainly consumption regions due to the advanced production technology and rapid development of economy.
We tend to believe this industry is an emerging industry, and the consumption increasing degree will show a smooth growth curve. For product prices, the slow downward trend in recent years will maintain in the future as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.
The global Hydrogen Peroxide market is valued at 3580 million US$ in 2017 and will reach 5020 million US$ by the end of 2025, growing at a CAGR of 4.3% during 2018-2025.
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