The According to a market research report, the “Hydrogen Peroxide Market by Grade (90% H2O2, 35% H2O2, 6 TO 10% H2O2, 3% H2O2), Application, End-use Industry (Pulp & Paper, Food & Beverage, Water Treatment, Textiles & Laundry, Oil & Gas, Healthcare, Electronics), & Region – Global Forecast to 2027″, Hydrogen peroxide market size is projected to reach USD 4.0 billion by 2027 from USD 3.2 billion in 2022 growing at a CAGR of 5.0%.
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- 219 Market data Tables
- 38 Figures
- 201 Pages and in-depth TOC on “Hydrogen Peroxide Market – Global Forecast to 2027″
This report also provides a comprehensive analysis of the companies listed below:
Solvay S.A. (Belgium), Evonik Industries AG (Germany), Arkema (France), Nouryon (Netherlands) and Taekwang Industrial Co. (South Korea) are the key players operating in the hydrogen peroxide market.
Merger & acquisitions, investments & expansions, partnerships & collaborations, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the Hydrogen Peroxide Market.
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In January 2016, AkzoNobel N.V. (Netherlands) acquired the complete shares of EkO Peroxide LLC (U.S.), from its joint venture partner, OCI Peroxygens LLC, a subsidiary of OCI Enterprises, Inc. (U.S.). This acquisition has further strengthened the company’s position in the North American market.
In September 2015, BASF SE (Germany), Solvay SA (Belgium), and SK Chemicals (South Korea), jointly invested in a production plant based in South Korea to build a hydrogen peroxide-to-propylene oxide facility. This helped the company to expand its production capacity and serve its customers in South Korea.
In July 2015, Solvay SA (Belgium), in collaboration with Siberwood LLC (Russia), constructed a new hydrogen peroxide capacity in Russia. This facility will serve the paper & pulp industry in the country by using Solvay’s innovative myH2O2 technology. The company has also signed a global license agreement with the British polymer technology company, Revolymer PLC, in March 2015. Revolymer uses its encapsulation technology to increase the performance of Solvay’s organic peroxide EurecoTM, used in detergents and other applications.
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