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Hydrogen Peroxide Market Growth Outlook: $4.91 Billion by 2029 | Driven by 8% CAGR

8 Sep, 2025

Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company

In response to fluctuating tariffs and geopolitical trade developments, the Hydrogen Peroxide Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.

How Will the Hydrogen Peroxide Market Grow Between 2024 and 2025?

The market size of Hydrogen Peroxide has been experiencing consistent growth. It is projected to increase from a value of $3.45 billion in 2024 to reach $3.61 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 4.5%.

How Much Will the Hydrogen Peroxide Market Be Worth in 2029?

By 2029, the Hydrogen Peroxide market is anticipated to reach an estimated size of $4.91 billion, with a compound annual growth rate (CAGR) projected at 8.0%.

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Which Hydrogen Peroxide Market Drivers Are Linked to Revenue Growth?

The key Drivers in the hydrogen peroxide market are:

• Rising demand for eco-friendly solutions
• Utilization of hydrogen peroxide as a disinfectant in hospitals and homes
• Cost-effective nature of hydrogen peroxide
• The ability to recycle hydrogen peroxide repeatedly

Which Segments Are Expected to Grow in the Hydrogen Peroxide Market?

The hydrogen peroxidemarket covered in this report is segmented –
1) By Function: Bleaching, Oxidizing, Sterilizing Or Disinfecting, Propulsion, Other Functions
2) By Grade: Standard, Chemical, Cosmetic, Aseptic, Food, Semiconductor
3) By End-Use Industry: Pulp And Paper, Chemical Synthesis, Healthcare And Personal Care, Food Processing, Textile, Water And Wastewater Treatment, Electronics And Semiconductor, Other End-Users

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What Are The Key Trends Impacting Growth In The Global Hydrogen Peroxide Market?

The key trends in the hydrogen peroxide market are:

• A rising trend is the innovation in manufacturing plants to boost hydrogen peroxide production.
• Efforts to improve production efficiency while reducing environmental impact are increasingly shaping the market.
• The hydrogen peroxide market is focusing on meeting the growing demand across diverse applications.
• The utilization of produced hydrogen at the same facility to expand business portfolios is an emerging trend.

Who Are the Key Competitors in the Global Hydrogen Peroxide Market?

The key players in the hydrogen peroxide market are:

• Dow Inc.
• Hodogaya Chemical Co. Ltd.
• 3M Company
• Merck KGaA
• OCI Company Ltd.
• Evonik Industries AG
• Reckitt Benckiser Group plc
• Grupa Azoty
• Solvay SA
• AkzoNobel N.V.
• Arkema SA
• Kingboard Holdings Limited
• FMC Corporation
• Nouryon N.V.
• Aditya Birla Chemicals Limited
• Huatai Group
• Gujarat Alkalies And Chemicals Ltd.
• Mitsubishi Gas Chemical Company Inc.
• Kemira Oyj
• Chang Chun Group Co. Ltd.
• Hansol Chemical
• PeroxyChem LLC
• National Peroxide Ltd.
• EkO Peroxide LLC
• Guangdong Zhongcheng Chemicals
• Indian Peroxide Limited
• Thai Peroxide Co. Limited.
• PDI Healthcare Inc.
• Laboratorium Dr. Deppe GmbH

Where Is the Hydrogen Peroxide Market Growing Fastest Between 2025 and 2029?

Asia-Pacific was the largest region in the hydrogen peroxide market in 2024

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