Product ID: SQMIG15A2116
Global Hydrogen Peroxide Market Size, Share, Growth Analysis, By Function(Disinfectant, Bleaching), By Grade(<35%, and >35%), By Application(Pulp & Paper, Chemical Synthesis), By Sales Channel(Direct Sale, and Indirect Sale) - Industry Forecast 2024-2031
Report ID:
SQMIG15A2116 |
Region:
Global |
Published Date: April, 2024
Pages:
184
|
Tables:
122 |
Figures:
77
Global Hydrogen Peroxide Market Regional Insights
The Asia-Pacific region is anticipated to dominate the global Hydrogen Peroxide market. This is explained by the growing influence of the medical, personal care, and chemical formulating businesses in the area. Due to cheaper land prices, the availability of skilled labor, and an improved trade balance, China, India, Thailand, South Korea, and Japan have emerged as important centers for multinationals operating in various sectors to develop their business practices in the nation. Also, Due to the long-term prevalence of water-borne illnesses in the region,
North America is seen as being at the forefront of the wastewater treatment sector. Every day, the U.S. purifies more than 34 billion gallons of contaminated water to make it safe for locals to drink. One of the main requirements in the nation is the removal of phosphorus and nitrogen from water sources, along with the oxidation of wastewater. This has ultimately resulted in a significant use of hydrogen peroxide throughout the nation's industries.
Also, Hydrogen peroxide usage in the region is rising as a result of the expanding demand for various personal care products in the European market. Its oxidizing and antibacterial qualities are the main reasons for the product's rising demand in this application. In nations including the United Kingdom, France, Italy, Germany, and Spain, cosmetics and personal care items like skincare creams and lotions have seen tremendous growth. This is mostly attributable to the increased market penetration of cosmetic manufacturers in these nations.
Global Hydrogen Peroxide Market Report Snapshots
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