Press release
Hydrogen Peroxide Market worth $4.0 billion by 2027 | Key players Solvay S.A., Evonik Industries AG, Arkema, Nouryon, Taekwang Industrial

Hydrogen Peroxide Market, hydrogen peroxide, hydrogen peroxide industry, hydrogen peroxide market trend, industrial hydrogen
Browse 219 market data Tables and 38 Figures spread through 201 Pages and in-depth TOC on "Hydrogen Peroxide Market - Global Forecast to 2027"
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Investments & expansions is the key strategy adopted by the major players to achieve growth in the global industrial hydrogen peroxide market between 2014 and 2016. This strategy accounted for the major share of all the strategies adopted from 2014 to 2016. Some of the major players in the industrial hydrogen peroxide market include, AkzoNobel N.V. (Netherlands), BASF SE (Germany), The Dow Chemical Company (U.S.), Solvay SA (Belgium), Evonik Industries AG (Germany), Ecolab Inc. (U.S.), Kemira Oyj (Finland), Arkema SA (France), Merck Group (Germany), and Mitsubishi Gas Chemical Company, Inc. (Japan). Besides expansions, companies also adopted agreements, joint ventures & collaborations as key strategies to strengthen their positions in the global industrial hydrogen peroxide market.
In January 2016, AkzoNobel N.V. (Netherlands) acquired the complete shares of EkO Peroxide LLC (U.S.), from its joint venture partner, OCI Peroxygens LLC, a subsidiary of OCI Enterprises, Inc. (U.S.). This acquisition has further strengthened the company's position in the North American market.
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In September 2015, BASF SE (Germany), Solvay SA (Belgium), and SK Chemicals (South Korea), jointly invested in a production plant based in South Korea to build a hydrogen peroxide-to-propylene oxide facility. This helped the company to expand its production capacity and serve its customers in South Korea.
In July 2015, Solvay SA (Belgium), in collaboration with Siberwood LLC (Russia), constructed a new hydrogen peroxide capacity in Russia. This facility will serve the paper & pulp industry in the country by using Solvay's innovative myH2O2 technology. The company has also signed a global license agreement with the British polymer technology company, Revolymer PLC, in March 2015. Revolymer uses its encapsulation technology to increase the performance of Solvay's organic peroxide EurecoTM, used in detergents and other applications.
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