The global hydrogen peroxide market was valued at USD 1.82 billion in 2023. The market is projected to be worth USD 1.89 billion in 2024 and reach USD 2.56 billion by 2032, exhibiting a CAGR of 3.8% during the forecast period. Hydrogen peroxide (H2O2) provides a myriad of functions across household, industrial, and commercial applications. The wide applicability of the product due to high versatility is expected to the prime factor driving the market growth in the upcoming years. Fortune Business Insights™ has presented this information in its report titled, “Hydrogen Peroxide Market, 2025-2032”.
H2O2 is widely utilized by chemical, textile, water, pulp, cosmetics, home care, and specialty applications, including pharmaceuticals, electronics, and food & beverages. The key players’ investments in upscaling the production capacity have increased in recent years and are likely to boost the market's growth in the coming years.
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List of Key Players in the Global Market:
Segmentation-
On the basis of grade, the market is bifurcated into >35% and <35%. On the basis of type, the market is segmented into bleaching agents, disinfectants, and others. On the basis of application, the market is categorized into specialty applications, home & personal care, water purification, textile bleaching, chemical synthesis, and pulp & paper. Geographically, the market is classified into Latin America, North America, Europe, Asia Pacific, and the Middle East & Africa.
Report Coverage-