Hydrogen Peroxide Market

By Product Function;

Disinfectant, Bleaching, Oxidant and Others

By Grade;

Standard Grade, Industrial Grade and Others

By Concentration/Form;

Aqueous Solution, Anhydrous and Others

By End-User Industry;

Pulp & Paper, Chemical Synthesis, Mining and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn288673371 Published Date: September, 2025 Updated Date: October, 2025

Hydrogen Peroxide Market Overview

Hydrogen Peroxide Market (USD Million)

Hydrogen Peroxide Market was valued at USD 3,183.62 million in the year 2024. The size of this market is expected to increase to USD 4,449.89 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.9%.


Hydrogen Peroxide Market

*Market size in USD million

CAGR 4.9 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.9 %
Market Size (2024)USD 3,183.62 Million
Market Size (2031)USD 4,449.89 Million
Market ConcentrationHigh
Report Pages383
3,183.62
2024
4,449.89
2031

Major Players

  • Arkema S.A.
  • Evonik Industries AG
  • Solvay S.A.
  • Akzo Nobel N.V.
  • Kemira Oyj
  • Mitsubishi Gas Chemical Company, Inc.
  • PeroxyChem LLC

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Hydrogen Peroxide Market

Fragmented - Highly competitive market without dominant players


The Hydrogen Peroxide Market is experiencing rapid growth due to its increasing demand in various industrial applications. This versatile chemical is widely used in sectors like healthcare, food processing, textiles, and water treatment. The market has seen a rise of about 7% in recent years, as industries seek safer and more efficient solutions for disinfection and bleaching processes.

Industrial Applications Driving Demand
The widespread adoption of hydrogen peroxide in industries such as textile bleaching, pulp and paper manufacturing, and water treatment has contributed to its growth. In particular, the demand for eco-friendly alternatives in textile industries has increased by approximately 10%, as companies focus on sustainable practices.

Technological Advancements Enhancing Production
Recent advancements in hydrogen peroxide production technologies have significantly improved efficiency and reduced costs. Innovations in manufacturing methods have contributed to a 15% reduction in production expenses, making hydrogen peroxide more accessible and boosting its application across diverse industries.

Growth Prospects and Industry Outlook
The IoT Enabled Industrial Wearables Market shows robust expansion potential, supported by ongoing automation and digitalization trends. Around 60% of industrial players intend to increase investments in IoT wearables, pointing to rapid technological evolution. Continuous R&D and strategic partnerships will open new applications, embedding these solutions deeper into industrial landscapes.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Function
    2. Market Snapshot, By Grade
    3. Market Snapshot, By Concentration Or Form
    4. Market Snapshot, By End-User Industry
    5. Market Snapshot, By Region
  4. Hydrogen Peroxide Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growth in Pulp and Paper Industry
        2. Rising Use in Chemical Synthesis
        3. Expansion in Textile and Industrial Cleaning
        4. Technological Advances in Production Methods
      2. Restraints
        1. Fluctuations in Raw Material Prices
        2. Stringent Environmental Regulations
        3. Limited Storage and Transport Infrastructure
        4. High Production Costs
      3. Opportunities
        1. Emerging Markets for Industrial Applications
        2. Innovation in Concentration and Stabilization Methods
        3. Growth in Environmental and Water Treatment Applications
        4. Increasing Adoption in Renewable Energy Sector
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Hydrogen Peroxide Market, By Product Function, 2021 - 2031 (USD Million)
      1. Disinfectant
      2. Bleaching
      3. Oxidant
      4. Others
    2. Hydrogen Peroxide Market, By Grade, 2021 - 2031 (USD Million)
      1. Standard Grade
      2. Industrial Grade
      3. Others
    3. Hydrogen Peroxide Market, By Concentration/Form, 2021 - 2031 (USD Million)
      1. Aqueous Solution
      2. Anhydrous
      3. Others
    4. Hydrogen Peroxide Market, By End-User Industry, 2021 - 2031 (USD Million)
      1. Pulp & Paper
      2. Chemical Synthesis
      3. Mining
      4. Others
    5. Hydrogen Peroxide Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Arkema S.A.
      2. Evonik Industries AG
      3. Solvay S.A.
      4. Akzo Nobel N.V.
      5. Kemira Oyj
      6. Mitsubishi Gas Chemical Company, Inc.
      7. PeroxyChem LLC
  7. Analyst Views
  8. Future Outlook of the Market