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Published Date: 2015-10-23Number of Pages: 131

Hydrogen Peroxide Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

Increasing Usage of Paper for Packaging to Drive Hydrogen Peroxide Market

The growing use of hydrogen peroxide in the paper industry for deinking and bleaching of recycled paper will act as a long-term growth driver for the global hydrogen peroxide market, says Transparency Market Research (TMR). The growing demand for paper in the developing countries as they opt for eco-friendly paper packaging as opposed to plastic packaging solutions is also anticipated to shoot up the demand for hydrogen peroxide in the coming years. This trend will remain pronounced in regions such as South America, Central America, and South Asia. 

The opportunity in the global hydrogen peroxide market is thus expected to be worth US$6.04 bn by the end of 2023, rising from US$3.70 bn in 2014, as the market expands at a CAGR of 5.6% from 2015 to 2023.

The global hydrogen peroxide market will also receive an impetus from the increasing usage of hydrogen peroxide in the electronics industry, where it is being extensively employed for etching printed circuit boards. This chemical is also used for removing photoresists and clean silicon wafers. Thus, the growth of the electronics industry is expected to have a positive impact on the consumption of hydrogen peroxide during the forecast period. However, the biggest restraint faced by this market is the health hazards resulting from exposure to hydrogen peroxide. Prolonged and excessive exposure to the chemical can reportedly affect the eyes, gastrointestinal tract, and cause irritation to the skin. Hydrogen peroxide has also been termed as a carcinogenic element, which is the key restraining factor of this market.

hydrogen-peroxide-market

 

Asia Pacific Hydrogen Peroxide Market to See Steady Rise in Demand from ASEAN Countries

Asia Pacific is the largest regional segment of the global hydrogen peroxide market as it is anticipated to acquire a share of 50% in terms of volume by the end of 2023. The burgeoning paper and pulp industry will be responsible for this exceptional growth rate in the coming years. The rise in the packaging industries and other end user industries in India, China, and other ASEAN countries will drive the demand for hydrogen peroxide in the region.

The report states that Brazil and South Africa will also show steady demand for hydrogen peroxide in the coming years as the former will be the largest producer of short-fiber pulp for the paper industry.

Paper and Pulp to Remain Crucial to Global Market

Paper and pulp was the leading end-use segment in 2014 and is expected to move ahead at a CAGR of 4.8% between 2015 and 2023. This will be a result of the extensive use of hydrogen peroxide to bleach mechanical, chemical, and recycled pulp to attain the desired grade of brightness and is required to make paper for tissues, boards, and magazine papers. The increasing environmental awareness about reducing plastic usage and wastage is also expected propel the use of paper in the flourishing packaging industry in the coming years.

Some of the key players operating in the global hydrogen peroxide market are Arkema S.A., Evonik Industries AG, Solvay S.A., Akzo Nobel N.V., Kemira Oyj, Mitsubishi Gas Chemical Company, Inc., Aditya Birla Chemicals Limited, and Gujarat Alkalies and Chemicals Ltd (GACL). The competitive landscape is consolidated and is expected to witness steady mergers and acquisitions as companies vie for better shares and revenues in the market.

 

Chapter 1 Preface
1.1 Report Description
1.2 Research Scope
1.3 Assumptions
1.4 Market Segmentation
1.5 Research Methodology

Chapter 2 Executive Summary
2.1 Global Hydrogen Peroxide Market, 2014 - 2023, (Kilo Tons) (US$ Mn)
2.2 Hydrogen Peroxide: Market Snapshot 

Chapter 3 Hydrogen Peroxide Market– Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis
3.3 Market Drivers
       3.3.1 Rising Demand from Paper & Pulp Industry Estimated to Drive Hydrogen Peroxide Market
       3.3.2 Increasing Popularity of Hydrogen Peroxide as Raw Material for Propylene Oxide Production (HPPO Process)
3.4 Restraints
       3.4.1 Potential Health Hazards Expected to Act as Restraint for Hydrogen Peroxide Market
3.5 Opportunity
       3.5.1 Growing Usage of Hydrogen Peroxide in Electronics Industry Anticipated to Act as Opportunity for Hydrogen Peroxide Market
3.6 Porter’s Five Forces Analysis
       3.6.1 Bargaining Power of Suppliers
       3.6.2 Bargaining Power of Buyers
       3.6.3 Threat of New Entrants
       3.6.4 Threat of Substitutes
       3.6.5 Degree of Competition
3.7 Hydrogen Peroxide: Market Attractiveness Analysis
3.8 Hydrogen Peroxide: Company Market Share Analysis, 2014

Chapter 4 Raw Material and Price Trend Analysis
4.1 Hydrogen Peroxide Manufacturing Process 
4.2 Raw Material Analysis
4.3 Hydrogen Peroxide Price Trend

Chapter 5 Hydrogen Peroxide Market – End-user Analysis
5.1 Global Hydrogen Peroxide Market: End-user Overview
5.2 Global Hydrogen Peroxide Market Volume Share, by End-user, 2014 and 2023
       5.2.1 Global Hydrogen Peroxide Market for Paper & Pulp, 2014 – 2023 (Kilo Tons) (US$ Mn)
       5.2.2 Global Hydrogen Peroxide Market for Chemical, 2014 – 2023 (Kilo Tons) (US$ Mn)
       5.2.3 Global Hydrogen Peroxide Market for Wastewater Treatment, 2014 – 2023 (Kilo Tons) (US$ Mn)
       5.2.4 Global Hydrogen Peroxide Market for Mining, 2014 – 2023 (Kilo Tons) (US$ Mn)
       5.2.5 Global Hydrogen Peroxide Market for Others, 2014 – 2023 (Kilo Tons) (US$ Mn)

Chapter 6 Hydrogen Peroxide Market - Regional Analysis
6.1 Global Hydrogen Peroxide Market: Regional Overview
6.2 North America
       6.2.1 North America Hydrogen Peroxide Market Volume, by Product, 2014 – 2023 (Kilo Tons)
       6.2.2 North America Hydrogen Peroxide Market Revenue, by Product, 2014 – 2023 (US$ Mn)
       6.2.3 U.S.
                6.2.3.1 U.S. Hydrogen Peroxide Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
                6.2.3.2 U.S. Hydrogen Peroxide Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
       6.2.4 Rest of North America
                6.2.4.1 Rest of North America Hydrogen Peroxide Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
                6.2.4.2 Rest of North America Hydrogen Peroxide Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.3 Europe
       6.3.1 Europe Hydrogen Peroxide Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
       6.3.2 Europe Hydrogen Peroxide Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
       6.3.3 France
                6.3.3.1 France Hydrogen Peroxide Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
                6.3.3.2 France Hydrogen Peroxide Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
       6.3.4 Germany
                6.3.4.1 Germany Hydrogen Peroxide Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
                6.3.4.2 Germany Hydrogen Peroxide Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
       6.3.5 Italy
                6.3.5.1 Italy Hydrogen Peroxide Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
                6.3.5.2 Italy Hydrogen Peroxide Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
       6.3.6 Spain
                6.3.6.1 Spain Hydrogen Peroxide Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
                6.3.6.2 Spain Hydrogen Peroxide Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
       6.3.7 UK
                6.3.7.1 UK Hydrogen Peroxide Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
                6.3.7.2 UK Hydrogen Peroxide Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
       6.3.8 Rest of Europe
                6.3.8.1 Rest of Europe Hydrogen Peroxide Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
                6.3.8.2 Rest of Europe Hydrogen Peroxide Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.4 Asia Pacific
       6.4.1 Asia Pacific Hydrogen Peroxide Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
       6.4.2 Asia Pacific Hydrogen Peroxide Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
       6.4.3 China
                6.4.3.1 China Hydrogen Peroxide Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
                6.4.3.2 China Hydrogen Peroxide Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
       6.4.4 Japan
                6.4.4.1 Japan Hydrogen Peroxide Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
                6.4.4.2 Japan Hydrogen Peroxide Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
       6.4.5 ASEAN
                6.4.5.1 ASEAN Hydrogen Peroxide Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
                6.4.5.2 ASEAN Hydrogen Peroxide Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
       6.4.5 Rest of Asia Pacific
                6.4.5.1 Rest of Asia Pacific Hydrogen Peroxide Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
                6.4.5.2  Rest of Asia Pacific Hydrogen Peroxide Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.5 Latin America
       6.5.1 Latin America Hydrogen Peroxide Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
       6.5.2 Latin America Hydrogen Peroxide Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
       6.5.3 Brazil
                6.5.3.1 Brazil Hydrogen Peroxide Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
                6.5.3.2 Brazil Hydrogen Peroxide Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
       6.5.4 Rest of Latin America
                6.5.4.1 Rest of Latin America Hydrogen Peroxide Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
                6.5.4.2 Rest of Latin America Hydrogen Peroxide Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
6.6 Middle East & Africa
       6.6.1 Middle East & Africa Hydrogen Peroxide Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
       6.6.2 Middle East & Africa Hydrogen Peroxide Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
       6.6.3 GCC
                6.6.3.1 GCC Hydrogen Peroxide Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
                6.6.3.2 GCC Hydrogen Peroxide Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
       6.6.4 South Africa
                6.6.4.1 South Africa Hydrogen Peroxide Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
                6.6.4.2 South Africa Hydrogen Peroxide Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
       6.6.5 Rest of Middle East & Africa
                6.6.5.1 Rest of Middle East & Africa Hydrogen Peroxide Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
                6.6.5.2 Rest of Middle East & Africa Hydrogen Peroxide Market Revenue, by End-user, 2014 – 2023 (US$ Mn)

 

Chapter 7 Company Profiles
7.1 Arkema S.A.
7.2 Evonik Industries AG
7.3 Solvay S.A.
7.4 Akzo Nobel N.V.
7.5 Kemira Oyj
7.6 Mitsubishi Gas Chemical Company, Inc.
7.7 PeroxyChem LLC 
7.8 Aditya Birla Chemicals Limited 
7.9 Gujarat Alkalies and Chemicals Ltd. (GACL)
7.1 Kingboard Chemical Holdings Ltd. 

 

Chapter 8 Primary Research – Key Findings

This report analyzes and forecasts the market for hydrogen peroxide at the global and regional level. The market has been forecast based on volume (kilo tons) and revenue (US$ Mn) from 2015 to 2023. The study includes drivers and restraints of the global hydrogen peroxide market. It also covers the impact of these drivers and restraints on demand for hydrogen peroxide during the forecast period. The report also highlights the opportunities in the hydrogen peroxide market at the global and regional level.

The report includes detailed value chain analysis, which provides a comprehensive view of the global hydrogen peroxide market. Porter’s Five Forces model for the hydrogen peroxide market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein end-users are benchmarked based on their market size, growth rate, and general attractiveness.

The study provides a decisive view of the global hydrogen peroxide market by segmenting it in terms of end-users. These segments have been analyzed based on present and future trends. Regional segmentation includes the current and forecast demand in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers demand for individual end-user segments in all the regions.

The study includes profiles of major companies operating in the global hydrogen peroxide market. Key players profiled in the report include Arkema S.A., Evonik Industries AG, Solvay S.A., Akzo Nobel N.V., Kemira Oyj, Mitsubishi Gas Chemical Company, Inc., PeroxyChem LLC, Aditya Birla Chemicals Limited, Gujarat Alkalies and Chemicals Ltd (GACL), and Kingboard Chemical Holdings Ltd. Market players are profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments.

The report provides the estimated market size of hydrogen peroxide for 2015 and forecast for the next eight years. The global market size of hydrogen peroxide has been provided in terms of volume as well as revenue. Market volume has been defined in kilo tons, while market revenue is in US$ Mn. Market numbers are estimated based on key end-user segments of hydrogen peroxide. Market size and forecast for each major end-user has been provided in terms of global and regional markets.

In order to compile the research report, we conducted in-depth interviews and discussions with a number of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.

Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, SEC filings, Plastemart magazine, TPE magazine, internal and external proprietary databases, and relevant patent and regulatory databases such as ICIS, Hoovers, oneSOURCE, Factiva, and Bloomberg, national government documents, statistical databases, trade journals, market reports, news articles, press releases, and webcasts specific to companies operating in the market.

Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews for each market, category, segment, and sub-segment across geographies. We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate the data and analysis. Primary interviews provide firsthand information on market size, market trends, growth trends, competitive landscape, and outlook, etc. These help validate and strengthen secondary research findings. These also help develop the analysis team’s expertise and market understanding.

The report segments the global hydrogen peroxide market as:

Hydrogen Peroxide Market - End-user Segment Analysis

  • Paper & pulp
  • Chemical
  • Wastewater treatment
  • Mining
  • Others (Including textile, electronics, etc.)

Hydrogen Peroxide Market - Regional Analysis

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • France
    • UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • GCC
    • South Africa
    • Rest of MEA