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Industrial Hydrogen Peroxide Market Projected to reach USD 4.28 billion by 2026, at a CAGR of 5.53% from 2016 to 2026

Press Release   •   Jun 06, 2017 01:31 GMT

"Industrial Hydrogen Peroxide Market Projected to reach USD 4.28 billion by 2026, at a CAGR of 5.53% from 2016 to 2026" published in June 2017. It is a professional and in-depth study.

Summary

Market Research Report Storeannounces a new report"Industrial Hydrogen Peroxide Market"added to its database.The industrial hydrogen peroxide market is projected to reach USD 4.28 billion by 2026, at a CAGR of 5.53% from 2016 to 2026. Industrial hydrogen peroxide performs better in bleaching, oxidizing, sterilizing/disinfecting and etching applications than its substitutes, and in addition, it is environment friendly and reduces manufacturing cost because it is the only one chemical that is required. This has increased the demand for industrial hydrogen peroxide for bleaching, oxidizing, sterilizing/disinfecting and etching applications. Exposure of the eyes to concentrations of 5% or more industrial hydrogen peroxide can result in permanent loss of vision, while skin exposure causes painful blisters, burns and skin whitening. These are the restraints in the global industrial hydrogen peroxide market.

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“Pulp & paper industry to register fastest growth in industrial hydrogen peroxide market”

The pulp & paper industry is projected to grow at the highest rate during the forecast period in the industrial hydrogen peroxide market. Industrial hydrogen peroxide is used for bleaching of chemical pulp, mechanical pulp, and recycled pulp (de-inking). Use of industrial hydrogen peroxide in pulp & paper bleaching increases brightness levels, improves brightness stability, and reduces manufacturing cost, as it is the only one chemical that is required. Harmful halogenated compounds and effluents found in pulp are minimized owing to the use of hydrogen peroxide. In addition, the color of the effluent is also lightened.

“Asia-Pacific is the largest and the fastest-growing market for industrial hydrogen peroxide”

The Asia-Pacific region is estimated to be the largest and the fastest-growing market for industrial hydrogen peroxide. The high growth rate in the region is due to the high demand from countries such as, China, India and Japan. China is estimated to be the largest market for industrial hydrogen peroxide in the Asia-Pacific region, followed by India and Japan. China is also estimated to be the fastest-growing market in the Asia-Pacific region. Growth of the pulp & paper, textiles, chemical synthesis and healthcare & personal care industries has increased the demand for industrial hydrogen peroxide in this region.

Extensive primary interviews were conducted to determine and verify the market size for several segments and subsegments and information gathered through secondary research.

The break-up of primary interviews is given below.

  • By Company Type – Tier 1 – 30%, Tier 2 – 43%, and Tier 3 – 27%
  • By Designation – C level – 21%, Manager level – 23%, and Others – 56%
  • By Region – North America – 30%, Europe – 18%, Asia-Pacific– 41%, and Others- 11%
  • The companies profiled in this market research report are, AkzoNobel N.V. (Netherlands), BASF SE (Germany), The Dow Chemical Company (U.S.), Solvay SA (Belgium), Evonik Industries AG (Germany), Ecolab Inc. (U.S.), Kemira Oyj (Finland), Arkema SA (France), Merck Group (Germany), and Mitsubishi Gas Chemical Company, Inc. (Japan).

    Research Coverage:

    This research report categorizes the global industrial hydrogen peroxide market on the basis of function, end-use industry, and region. The report includes detailed information regarding the major factors influencing the growth of the industrial hydrogen peroxide market such as, drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been done to provide insights into business overviews, products & services, key strategies, investments & expansions, agreements, joint ventures & collaborations, mergers & acquisitions, and recent developments associated with the market.

    Reasons to Buy the Report

    1. This report segments the global industrial hydrogen peroxide market comprehensively and provides the closest approximations of market sizes for the overall market and subsegments across verticals and regions.

    2. The report will help stakeholders understand the pulse of the market and provide them information on the key market drivers, restraints, challenges, and opportunities.

    3. This report will help stakeholders to know more about the major competitors and gain insights to enhance their positions in their businesses. The competitive landscape section includes investments & expansions, new product launches, agreements, joint ventures & collaborations, and mergers & acquisitions.

    TABLE OF CONTENTS

    1 INTRODUCTION 17

    1.1 OBJECTIVES OF THE STUDY 17

    1.2 MARKET DEFINITION 17

    1.3 MARKET SCOPE 18

    1.3.1 YEARS CONSIDERED FOR THE STUDY 18

    1.4 CURRENCY 19

    1.5 PACKAGE SIZE 19

    1.6 STAKEHOLDERS 19

    2 RESEARCH METHODOLOGY 20

    2.1 RESEARCH DATA 20

    2.2 SECONDARY DATA 21

    2.2.1 KEY DATA FROM SECONDARY SOURCES 21

    2.3 PRIMARY DATA 22

    2.3.1 KEY DATA FROM PRIMARY SOURCES 22

    2.3.2 BREAKDOWN OF PRIMARY INTERVIEWS 23

    2.4 MARKET SIZE ESTIMATION 23

    2.5 DATA TRIANGULATION 25

    2.6 RESEARCH ASSUMPTIONS AND LIMITATIONS 26

    2.6.1 ASSUMPTIONS 26

    2.6.2 LIMITATIONS 27

    3 EXECUTIVE SUMMARY 28

    4 PREMIUM INSIGHTS 32

    4.1 SIGNIFICANT OPPORTUNITIES IN THE INDUSTRIAL HYDROGEN PEROXIDE MARKET 32

    4.2 ASIA-PACIFIC INDUSTRIAL HYDROGEN PEROXIDE MARKET, BY END-USE INDUSTRY AND COUNTRY 33

    4.3 FASTEST-GROWING INDUSTRIAL HYDROGEN PEROXIDE MARKET 34

    4.4 INDUSTRIAL HYDROGEN PEROXIDE MARKET, BY END-USE INDUSTRY 35

    4.5 INDUSTRIAL HYDROGEN PEROXIDE MARKET IN PULP & PAPER END-USE INDUSTRY 35

    4.6 INDUSTRIAL HYDROGEN PEROXIDE MARKET, BY FUNCTION 36

    5 MARKET OVERVIEW 37

    5.1 INTRODUCTION 38

    5.2 MARKET EVOLUTION 38

    5.3 MARKET SEGMENTATION 39

    5.3.1 BY FUNCTION 39

    5.3.2 BY END-USE INDUSTRY 40

    5.3.3 BY REGION 41

    5.4 MARKET DYNAMICS 41

    5.4.1 DRIVERS 42

    5.4.1.1 Increasing demand for environmental-friendly solutions 42

    5.4.1.2 Paradigm shift from chlorine to elemental chlorine free (ECF) chemicals 42

    5.4.1.3 Rising demand from end-use industries 43

    5.4.1.3.1 Growing use as an oxidizing agent in the chemical industry 43

    5.4.1.3.2 Increasing demand from the gradually maturing pulp & paper industry 43

    5.4.2 RESTRAINTS 45

    5.4.2.1 Exposure of the eyes to concentrations of 5% or more could result in permanent loss of vision 45

    5.4.3 OPPORTUNITIES 46

    5.4.3.1 Emerging applications in the semiconductor, mining & metal extraction, and agriculture industries 46

    5.4.3.2 Increase in use of hydrogen peroxide for wastewater treatment 46

    5.4.4 CHALLENGES 48

    5.4.4.1 Increasing raw material prices and operating costs 48

    5.4.4.2 Digitalization to reduce the demand for hydrogen peroxide from pulp & paper industry 48

    5.5 IMPACT ANALYSIS 49

    6 INDUSTRY TRENDS 50

    6.1 INTRODUCTION 50

    6.2 SUPPLY CHAIN ANALYSIS 50

    6.3 PORTER’S FIVE FORCES 52

    6.3.1 THREAT OF SUBSTITUTES 52

    6.3.2 THREAT OF NEW ENTRANTS 53

    6.3.3 BARGAINING POWER OF SUPPLIERS 54

    6.3.4 BARGAINING POWER OF BUYERS 54

    6.3.5 INTENSITY OF COMPETITIVE RIVALRY 55

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    Market Research Report Store

    About Market Research Report Store

    Market Research Report Store is one of the most fast-growing and professional online platforms for industry reports, market reports, and professional surveys. Our collection covers more than 100 global markets. We have cooperated with leading publishers and consultant companies to offer the best market intelligence products to our clients with instant access to our database.

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