Press release
Hydrogen Peroxide Market Trends - Industry Share, Size Report 2024 | Arkema, Evonik, Solvay, AkzoNobel, Kemira, PeroxyChem, Aditya Birla Chemicals
Hydrogen Peroxide Market
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Electronic grade applications for etching of circuit boards that find application in manufacture of semiconductors, will create a decent window of opportunity for the hydrogen peroxide market. Companies such as Solvay and Evonik have commercialized the electronics grade variants with several other under R&D.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Arkema
2. Evonik
3. Solvay
4. AkzoNobel
5. Kemira
6. Mitsubishi Gas Chemical America
7. PeroxyChem
8. Aditya Birla Chemicals
9. Gujarat Alkalies And Chemicals Limited - India
10. Kingboard Chemical Holdings Ltd.
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However, regulations imposed by OSHA regarding industrial exposure will act as a restraint to hydrogen peroxide market growth. Though they have medicinal uses in a minor concentration, multiple applications report in skin related issues. Stringent regulations by bodies including EPA, FDA and REACH will hinder the market growth in North America and Europe.
Global hydrogen peroxide market size is forecast to reach USD 6.39 billion by 2024, with estimated gains at 5.7% CAGR.
Paper & pulp industry accounted for around USD 1,550 million of hydrogen peroxide market share in 2015 and will continue to dominate the market throughout the forecast timeframe. This growth is on the account of rising demand of recycled papers and flexible packaging materials.
Browse key industry insights spread across 113 pages with 89 market data tables & 11 figures & charts from the report, “Hydrogen Peroxide Market” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/hydrogen-peroxide-market
Asia Pacific registered more than USD 2 billion in 2015 and accounted for over 50% of the global hydrogen peroxide market share. Strict regulatory norms in North America and Europe will shift the global market towards APAC.
North America hydrogen peroxide market is anticipated to cross a total revenue of USD 1,000 million by 2024.
Akzo Nobel, Evonik, Arkema, Solvay and Kemira account for significant industry share. Analysts expect the market to consolidate over the next decade.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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