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 Insights
Hydrogen Peroxide Market size was valued at USD 5.66 billion in 2022 and is poised to grow from USD 6.05 billion in 2023 to USD 9.60 billion by 2031, growing at a CAGR of 6.82% during the forecast period (2024-2031).
One of the key components utilized to make these disinfectants and sanitizing products is hydrogen peroxide. For instance, a standard disinfectant normally consists of the following ingredients: chlorine dioxide, 0.5% to 1% peroxyacetic acid, a small amount of isopropyl alcohol, and 3% to 4% hydrogen peroxide. Growing healthcare industry demand for the product as a result of its antiseptic qualities is anticipated to continue to be a major driver of market expansion. The substance is widely sought-after in the healthcare industry as an antiseptic, which is usually applied to skin cuts and bruises to prevent infections. Due to its capacity to reduce mouth irritation, mucus, and other oral infections, it is also frequently used as a mouth rinse. The material primarily releases oxygen, which causes foaming on the bruised and cut skin and ultimately results in the efficient elimination of dead skin while protecting the wound from infection.
US Hydrogen Peroxide Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Hydrogen Peroxide Market Report Snapshots
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