Global Hydrogen Peroxide Market to Benefit from Rising Demand in Paper and Pulp Industry

A market research report recently added to the extensive market research reports portfolio of ResearchMoz.us covers a detailed analytical account of the global market for hydrogen peroxide and forecasts its growth prospects over the period between 2018 and 2025. The report is titled “Global Hydrogen Peroxide (CAS 7722-84-1) Market Insights, Forecast to 2025.”

Hydrogen peroxide finds usage across a number of applications as an oxidizing and bleaching agent, an antiseptic, and a propellant. The chemical finds use in a number of industries such as chemical and material, paper and pulp, electronics, and waste water treatment. The rising demand for the chemical from the paper and pulp industry is one of the leading drivers of the market. The market also benefits from the usage of hydrogen peroxide as a raw material in the production of propylene oxide; propylene oxide is an organic chemical used chiefly as a reaction intermediate during the manufacturing of industrially crucial products such as polyether polyol, propylene glycol, alkanolamines, and glycol ether.

While propylene oxide has been traditionally manufactured through chlorohydrin and epoxidation methods, these methods entail high capital investment and are not environmentally friendly. Thus the rising global demand for propylene oxide market is has led to the increased need for a cost efficient and environment-friendly production process for the same, which is, in turn, driving the global hydrogen peroxide market.

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The report segments the global hydrogen peroxide market based on application, type, and geography. Based on application, the market has been segmented into chemical synthesis, pulp and paper, environmental uses, and textile bleaching. The vast rise in demand for hydrogen peroxide in the pulp and paper industry, where the substance finds use as a versatile bleaching agent in chemical pulp bleaching sequences and as a core-bleaching agent in mechanical pulp bleaching, has been a leading driver for the market over the years. In paper recycling plants, it finds application as a de-inking agent. Based on type, the market has been segmented on the basis of purity of hydrogen peroxide into 50% purity, 35% purity, and 27.5% purity.

From a geographical standpoint, the report presents an overview of the market in regions such as North America, Europe, Asia Pacific, Central and South America, and Middle East and Africa, with high focus on specific markets in countries such as the United States, China, and Japan.

The report also presents a scrupulous account of the competitive landscape of the global hydrogen peroxide market complete with the detailed business profiles of leading vendors and a thorough account of recent developments. Some of the leading companies in the market are Peroxy Chem, Evonik, Kemira, Solvay, MGC, Huatai Paper, Akzo Nobel, Arkema, Zhongcheng Chem, Zhongneng Chem, OCI Chem, Jiangshan H2O2, Jinhe Shiye, Haoyuan Chem, Dasheng Chem, SINOPEC Baling Company, Huaqiang Chemical Group, Longxin Chem, Hengtong Chem, and Mingshui Chem.

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