Increasing Demand for Environmental-Friendly Solutions to Create Huge Opportunities in Industrial Hydrogen Peroxide Market

Global industrial hydrogen peroxide market is projected to reach USD 4.28 Billion by 2026, at a CAGR of 5.53% from 2016 to 2026.

Industrial hydrogen peroxide has functions such as, bleaching, oxidizing, sterilizing/disinfecting, propulsion, etching, cleaning and extraction.  These functions drive the industrial hydrogen peroxide market globally.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=92833078

“Bleaching, the largest function of industrial hydrogen peroxide”

The bleaching function is estimated to be the largest function for industrial hydrogen peroxide. The function is growing due to the increasing demand for industrial hydrogen peroxide from the pulp & paper and textile industries. Use of industrial hydrogen peroxide for bleaching of pulp & paper in order to achieve a very high level of brightness suitable for magazine papers, board and tissue products, has increased the importance of the bleaching function of industrial hydrogen peroxide. In addition to this, industrial hydrogen peroxide is preferred for bleaching of cotton and cotton-blended knitted fabrics to obtain a high degree of whiteness after the removal of the catalyst.
  • Pulp & paper industry accounts for the largest share of industrial hydrogen peroxide market
  • Rising demand in Asia-Pacific, the major driver for growth of industrial hydrogen peroxide market.
Top ten industrial applications of Hydrogen Peroxide - 

  1.  Chemical Synthesis
  2. Aseptic Packaging
  3. Cosmetics & Medicine
  4.  Electronics Industry
  5. Environment
  6. Food Processing
  7. Mining
  8. Pulp and Paper Industry
  9. Textile Industry
  10. Transportation Industry

Key companies in the industrial hydrogen peroxide market are-

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).

Exposure of the eyes to concentrations of 5% or more industrial hydrogen peroxide can result in permanent loss of vision, while skin exposure causes painful blisters, burns and skin whitening. These are the restraints in the global industrial hydrogen peroxide market.

Comments

  1. Tradeasia InternationalJune 15, 2020 at 10:28 PM

    Thank you for sharing such useful information. I really enjoyed while reading your article. Also explore about - Hydrogen Peroxide Suppliers who offers the best quality Hydrogen Peroxide in Bulk ranges.

    ReplyDelete

Post a Comment

Popular posts from this blog

Building Thermal Insulation Market : Size Analysis by Key Players, End Users, Technologies, Growth & Forecast 2027

  The report  " Building Thermal Insulation Market  by Material (Glasswool, Stonewool, Plastic Foam), Application (Roof Insulation, Floor Insulation, Wall Insulation), Building Type (Residential, Non-Residential) and Region - Global Forecast to 2027",  will grow to USD 35.3 billion by 2027, at a CAGR of 4.7% from USD 28.0 billion in 2022. Browse  in-depth TOC on  "Building Thermal Insulation Market" 313 market data Tables 63 Figures  274 Pages  Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=510 Building thermal insulation is used to reduce the amount of energy required to heat or cool a house and minimize the amount of heat that escapes during the winter and limits the hot summer air to penetrate the house. It is the most cost-effective measure in climates that have a wide range of annual average temperatures. The resistance to heat flow of insulation is measured or rated in terms of its thermal resistance or R-value. The higher the
Read more

Face Mask Market – Business Opportunities and Global Forecast to 2027

The report " Face Mask Market  by Nature (Disposable, Reusable), Material Type, Type (Surgical, Respirator), End-Use, Distribution Channel (Pharmacy & Drug Stores, Supermarket & Hypermarket, Specialty Stores, E-commerce) and Region - Global Forecast to 2027 "The face mask market is projected to grow from USD 25.1 billion in 2022 to USD 3.0 billion by 2027, at a CAGR of -34.5% from 2022 to 2027. The market is projected to witness tremendous growth from 2018 to 2021, followed by a sharp decrease in the years till 2027. Factors contributing to the exponential growth and then decrease during the forecast period in the spread of the COVID-19 globally, and the possible decrease in the spread of the novel coronavirus after the years 2022. Other factors such as the rise in consumer awareness pertaining to the importance of face masks, and the surge in social media marketing to encourage a positive attitude towards wearing masks, are driving the demand for face masks globally.
Read more

Solar Photovoltaic Glass Market Outlook: Emerging Trends and Forecast to 2027

Solar photovoltaic glass market size is projected to reach USD 21.1 billion by 2027 from USD 6.2 billion in 2022 growing at a CAGR of 27.9%. Solar Photovoltaic Glass, also known as solar PV glass or solar glass, refers to a specialized type of glass that is designed to generate electricity from sunlight. It combines the functionality of traditional glass with the energy-producing capabilities of photovoltaic (PV) technology. Solar Photovoltaic Glass is typically made by integrating thin-film solar cells or crystalline silicon solar cells into the glass structure during the manufacturing process. These solar cells are responsible for converting sunlight into electricity through the photovoltaic effect. The glass serves as a protective and supportive layer for the solar cells, allowing them to function effectively while maintaining transparency. The main purpose of Solar Photovoltaic Glass is to capture solar energy and convert it into usable electricity. It finds applications in various
Read more