Press release
Global Calcium Peroxide Market Targets US$3.02 Billion Milestone by 2027 - TMR Study
Calcium peroxide is a white, crystalline solid that releases oxygen when it decomposes. It is commonly used in various industries for environmental remediation, agriculture, aquaculture, and other applications.he global calcium peroxide market is expected to reach US$ 3.02 Billion by the end of 2027, growing at a CAGR of 9.3% during the forecast period (2022-2027), according to Transparency Market Research (TMR).
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Market Drivers
• Environmental Concerns: The increasing awareness of environmental issues and the need for effective remediation solutions drive the demand for calcium peroxide in environmental applications.
• Agricultural Practices: Calcium peroxide is used in agriculture for soil improvement, seed disinfection, and pest control, contributing to its demand in the agricultural sector.
• Aquaculture Industry: The rising demand for calcium peroxide in the aquaculture industry for pond water treatment, disease prevention, and improvement of water quality.
Market Challenges
• Costs: The cost of calcium peroxide may be a limiting factor for widespread adoption, particularly in cost-sensitive markets.
• Regulatory Compliance: Compliance with regulations and standards related to the use of calcium peroxide in different applications may pose challenges.
Market Trends
• Water Treatment Solutions: Increasing use of calcium peroxide in water treatment applications for its ability to release oxygen and facilitate the remediation of contaminated water bodies.
• Sustainable Agriculture: Growing adoption of calcium peroxide in agriculture for soil improvement, seed disinfection, and pest control as part of sustainable farming practices.
• Innovations in Application Techniques: Ongoing research on innovative application techniques to enhance the efficiency and effectiveness of calcium peroxide in various industries.
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Key Players
Key players in the calcium peroxide market include chemical manufacturers, environmental services companies, agricultural suppliers, and food processors. Some prominent companies and organizations in this market include:
• Solvay S.A.
• Evonik Industries AG
• Aditya Birla Chemicals
• PyroChem Source, LLC
• Arkema Group
• Azure Power Technology Co., Ltd.
• Benz Technology International, Inc.
Market Segmentation
The calcium peroxide market can be segmented based on various criteria, including application, purity, end-user, and region:
• Application: Calcium peroxide is used in various applications, including environmental remediation, agriculture, aquaculture, and the food industry.
• Purity: Different grades of calcium peroxide are available, with varying levels of purity to suit specific applications.
• End-User: End-users include environmental services, agriculture, aquaculture farms, food manufacturers, and research institutions.
• Region: The market is divided into regions such as North America, Europe, Asia-Pacific, and Latin America.
This Report lets you identify the opportunities in Calcium Peroxide Market by means of a region:
• North America (the United States, Canada, and Mexico)
• Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
• South America (Brazil etc.) The Middle East and Africa (North Africa and GCC Countries)
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Recent Developments
Here are some recent developments of companies in the global calcium peroxide market, with the year:
• BASF SE (Germany) | 2023 | BASF launches a new line of high-purity calcium peroxide products for use in food and pharmaceutical applications.
• Solvay SA (Belgium) | 2023 | Solvay and Chemours partner to develop sustainable hydrogen peroxide-based solutions for the pulp and paper sector.
• Arkema Group (France) | 2023 | Arkema invests in new calcium peroxide production capacity in China to meet growing demand from the food and pharmaceutical industries.
• Chang Chun Petrochemical Co. Ltd. (China) | 2023 | Chang Chun Petrochemical expands its calcium peroxide production capacity to meet growing demand from the domestic and international markets.
• Nippon Peroxide Co. Ltd. (Japan) | 2023 | Nippon Peroxide launches a new line of calcium peroxide products for use in water and wastewater treatment applications.
Reasons to Buy The Calcium Peroxide Market Report: -
1.Regional report analysis highlighting the consumption of products/services in a region also shows the factors that influence the market in each region.
2.Reports provide opportunities and threats faced by suppliers in the Calcium Peroxide industry around the world.
The report shows regions and sectors with the fastest growth potential.
3.A competitive environment that includes market rankings of major companies, along with new product launches, partnerships, business expansions, and acquisitions.
4.The report provides an extensive corporate profile consisting of company overviews, company insights, product benchmarks, and SWOT analysis for key market participants.
5.This report provides the industry's current and future market outlook on the recent development, growth opportunities, drivers, challenges, and two regional constraints emerging in advanced regions.
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About Us Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
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