Hydrogen Peroxide: A Global Strategic Business Report
San Jose, CA (PRWEB) March 09, 2012
Follow us on LinkedIn – Hydrogen peroxide comprises a large market, contributing for about 12 to 15% of the total global chemical revenues. The major exponents of hydrogen peroxide-based applications, such as pulp & paper industry, textile industry, and the semiconductor industry are expected to influence demand for peroxide in the near future. All major trends in the peroxide industry are expected to be in synchrony with the major trends in the key end-use industries. The hydrogen peroxide market would also be influenced by the internal dynamics of the industry. Capacity utilization rates and production technology are considered as the major factors inherent to the peroxide industry, which is expected to govern the fate of the market constituents. Increasing prevalence of the unique HPPO (Hydrogen Peroxide to Propylene Oxide) technology in production of Propylene Oxide will fuel the demand for hydrogen peroxide in the coming years.
HPPO technology, developed and commercialized jointly by BASF and Dow, utilizes large quantities of hydrogen peroxide for production of propylene oxide without the release of any by-products in the process. Environmental regulations and laws have time and again played a vital role in popularizing the use of hydrogen peroxide over other chemicals, by virtue of the chemical being emission-free and eco-friendly in nature. Hydrogen peroxide’s robust growth over the past few years could be traced back to the overwhelming support of the environmental protection authorities and tightening effluent regulations in almost every application area. Oxidizing compounds such as chlorine have increasingly been replaced by hydrogen peroxide in pulp bleaching and other applications due to stricter stance adopted by environmental regulation authorities. These stringent pollution control norms have jump started the usage of hydrogen peroxide, and together with the unraveling of potential advantages, they would continue to be the growth drivers in the forthcoming years.
Until the early 80s, demand for hydrogen peroxide was divided evenly among pulp bleaching, chemical synthesis, and textile bleaching. However, consumption patterns witnessed a major change in the 1990’s. Pulp bleaching accounts for nearly 70% of demand in the US and Canada. In Western Europe, demand for the product in pulp and paper application is estimated at about 50% of the overall market. Rapid growth in pulp bleaching segment and the consequent rise in demand for hydrogen peroxide has effected a major change in the market scenario. Hydrogen peroxide is currently being preferred widely in pollution control and water treatment applications, and as a bleaching and neutralizing agent. Increased environmental pressure, particularly in North America and Western Europe, continue to drive demand for hydrogen peroxide in applications such as pulp bleaching, treating process streams, and remediating contaminated soil and water.
Asia-Pacific, Europe and North America represent the largest regional markets for hydrogen peroxide, garnering a substantial share of the global market, as stated by the new market research report on Hydrogen Peroxide. In Europe, increase in hydrogen peroxide consumption is likely to continue in the ensuing years, owing mainly to the rise in demand for Propylene Oxide (PO), which is produced from H2O2. In North America, increased demand for hydrogen peroxide in the manufacture of high grade paper will sustain market momentum, despite escalating prices and fall in production of pulp & paper. On the other hand, Asia-Pacific and Latin America, driven by strong markets such as China, Brazil and Chile, epitomize the fastest growing markets for hydrogen peroxide. Over the years China has evolved as the largest producer of hydrogen peroxide in the world. Latin America, buoyed by presence of large, international players and sizeable production capacity expansions leads as the fastest growing market at a CAGR of 5.4% through 2017. Pulp & Paper is the single largest end-use market for hydrogen peroxide, used in substantial quantities as a bleaching agent in the pulp and paper mills. The segment is expected to continue its hold over the market and is forecast to display a robust growth pace of 3.6% over the analysis period.
Leading players profiled in the report include Arkema Group, BASF SE, Chang Chun Petrochemical Co., Ltd., OCI Company Ltd., Dow Chemical, Evonik Degussa GmbH, Guangdong Zhongcheng Chemicals Inc., Ltd., Nippon Peroxide Co., Ltd., Mitsubishi Gas Chemicals Co., Inc., and Solvay SA, among others.
The research report titled “Hydrogen Peroxide: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of the hydrogen peroxide market, impact of the recession on the market, current market trends, key growth drivers, recent product introductions, recent industry activity, and profiles of major/niche global as well as regional market participants. The report provides annual consumption estimates and projections for hydrogen peroxide market for the years 2009 through 2017 for the following geographic markets - US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World. Key end-use markets analyzed in the report include Pulp & Paper, Textiles, Environmental, Chemical Synthesis, and Others. The study also provides historic data for an insight into market evolution over the period 2003 through 2008.
For more details about this comprehensive market research report, please visit –
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
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