Press release
Electronic Grade Hydrogen Peroxide Market Size to Grow USD 779.4 Million by 2028 at a CAGR of 10.2% | Valuates Reports
Electronic Grade Hydrogen Peroxide MarketConsidering the economic change due to COVID-19 and Russia-Ukraine War Influence, the global Electronic Grade Hydrogen Peroxide market is projected to reach US$ 779.4 million by 2028 from an estimated US$ 435.2 million in 2022, at a CAGR of 10.2% during 2023 and 2028.
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Electronic Grade Hydrogen Peroxide Market Share:
Currently, a few companies in the world can produce Electronic Grade Hydrogen Peroxide product. They mainly concentrated in Europe, USA, China, and Japan. The main market players are Solvay, Santoku Chemical Industries, MGC, Evonik, Chang Chun Group, Arkema, Technic Jiangyin Jianghua Microelectronics Materials, Asia Union Electronic Chemical Corp, Suzhou Jingrui Chemical, Hangzhou Jingxin Chemical etc. In the past five years, the sales volume of Electronic Grade Hydrogen Peroxide increased to from 549.01 K MT in 2015 to1638.63 K MT in 2027, with a CAGR of 11.98% during 2020-2027.Electronic Grade Hydrogen Peroxide can be classified as five types according to the purity, include EL (SEMI G1), UP (SEMI G2), UP-S (SEMI G3), UP-SS (SEMI G4), UP-SSS (SEMI G5). It can be widely used in many industries. Survey results showed that EL Grade sales share 58.17% in 2019 and UP (SEMI G2) sales share 17.45%.The major applications of Electronic Grade Hydrogen Peroxide is Semiconductor, Solar Energy and LCD Panel. Survey results showed that Semiconductor sales 613.72 K MT in 2019 and will reach 1310.06 K MT in 2027 with a CAGR of 12.37% during 2020-2027.
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Key Companies:
• Solvay
• Santoku Chemical Industries
• MGC
• Evonik
• Chang Chun Group
• Arkema
• Technic
• Jiangyin Jianghua Microelectronics Materials
• Asia Union Electronic Chemical Corp
• Suzhou Jingrui Chemical
• Hangzhou Jingxin Chemical
• Shanghai HABO Chemical Technology Co., Ltd.
• Hansol
By Type
• EL (SEMI G01)
• UP (SEMI G1)
• UP-S (SEMI G2)
• UP-SS (SEMI G3)
• UP-SSS (SEMI G4)
By Application
• Semiconductor
• Solar Energy
• Display Panel
• Others
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