Hydrogen Peroxide Market Growth & Trends

The global hydrogen peroxide market is anticipated to witness steady growth, with its market size projected to reach USD 2.11 billion by 2030. The market is expected to expand at a compound annual growth rate (CAGR) of 6.2% during the forecast period from 2025 to 2030. This growth is largely driven by the increasing demand from the global healthcare sector, particularly for the formulation of sanitizers and disinfectant products, where hydrogen peroxide is a key ingredient due to its proven antimicrobial efficacy.

A major catalyst for the rise in hydrogen peroxide consumption in recent years has been the COVID-19 pandemic. The outbreak significantly boosted the demand for hand sanitizers and a variety of indoor and outdoor disinfectant products, such as floor cleaners and metal surface disinfectants. Governments across the world have mandated the regular disinfection of public places, including restrooms, airports, metro stations, and other commercial venues, in an effort to curb the spread of the virus. These public health measures have contributed to a significant global spike in the use of hydrogen peroxide as a disinfecting agent, capitalizing on its strong oxidative and antimicrobial properties.

In addition to healthcare, hydrogen peroxide has seen increased use in the personal care and cosmetics industry. Its oxidizing capabilities and antimicrobial features make it a popular choice in products such as hair bleaches, oral hygiene items, and skin treatments. Europe, in particular, has emerged as a key hub for multinational personal care manufacturers like L’Oréal, Unilever, Procter & Gamble, and Deutschland GmbH, all of which have a strong presence in countries including France, the U.K., Germany, Italy, and Spain.

The textile industry has also become a major consumer of hydrogen peroxide, particularly in Asia Pacific and Europe, due to its widespread use as a fabric whitening and disinfecting agent. This application is especially relevant in the production of detergents and fabric care solutions, where hydrogen peroxide plays a crucial role in post-wash sanitization. The growing emphasis on cleanliness and hygiene among consumers is expected to further fuel demand in this segment.

Moreover, the Asia Pacific region is experiencing increased hydrogen peroxide usage in the food and beverage processing sector. Countries such as China, India, Indonesia, Japan, and South Korea are witnessing rising consumption of processed and packaged foods, prompting greater demand for hydrogen peroxide due to its ability to prevent microbial contamination in food packaging processes. This functional benefit is likely to continue driving market growth in this application.

Hydrogen Peroxide Market Report Highlights

• Function Insights:
  The bleaching function dominated the hydrogen peroxide market, accounting for the largest revenue share of 35.4% in 2024. Hydrogen peroxide is widely used as a bleaching agent in industries such as pulp & paper, textiles, and personal care.
• Disinfectant Usage:
  The disinfectant function segment is forecasted to grow at a CAGR of 6.7% from 2025 to 2030. This growth is attributed to increased global hygiene awareness following the pandemic and ongoing demand for sanitizing products.
• Application Landscape:
  The pulp and paper industry held the largest application share of 33.4% in 2024, mainly because of hydrogen peroxide’s high efficiency in bleaching wood pulp and reducing environmental impact compared to traditional chlorine-based bleaching methods.
• Healthcare Sector Growth:
  The healthcare application segment is projected to register the highest CAGR of 7.4% during the forecast period. The compound’s antiseptic and disinfectant properties make it an essential component in medical-grade cleaning solutions and hospital sanitization products.
• Regional Dominance:
  Asia Pacific emerged as the leading regional market, capturing a 3% share of global revenue in 2024. Rapid industrialization, urbanization, and growth in textiles, food processing, and healthcare sectors are the primary factors contributing to this dominance.

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Hydrogen Peroxide Market Segmentation

By Grade (Volume in Kilotons; Revenue in USD Million, 2018–2030):

• <30%
• 30%–50%
• 50%–80%

• 80%

By Function (Volume in Kilotons; Revenue in USD Million, 2018–2030):

• Disinfectant
• Bleaching
• Oxidant
• Others

By Application (Volume in Kilotons; Revenue in USD Million, 2018–2030):

• Pulp & Paper
• Chemical Synthesis
• Wastewater Treatment
• Mining
• Food & Beverage
• Personal Care
• Healthcare
• Textiles
• Electronics
• Propulsion Systems
• Others

By Region (Volume in Kilotons; Revenue in USD Million, 2018–2030):

• North America: U.S., Canada, Mexico
• Europe: UK, Germany, France, Netherlands
• Asia Pacific: China, India, Japan
• Latin America
• Middle East & Africa

List of Key Players in the Hydrogen Peroxide Market

• Evonik Industries AG
• Taekwang Industrial Co., Ltd.
• Arkema
• Grupa Azoty
• Solvay
• Akzo Nobel N.V.
• Gujarat Alkalies & Chemicals Ltd.
• National Peroxide Limited
• OCI Company Ltd.
• Airedale Chemical

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