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Showing posts with the label Hydrogen Peroxide Market

Hydrogen Peroxide Market on the Rise: What’s Powering the Growth?

    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...

Hydrogen Peroxide Market Trends, Growth, and Forecast 2021-2028

The global hydrogen peroxide market   was valued at   USD 1.44 billion   in   2020   and is expected to grow at a   compound annual growth rate (CAGR) of 5.7%   from   2020 to 2028. This growth is primarily driven by the increasing demand for hydrogen peroxide, especially from industries such as healthcare, pulp and paper, and food processing. A key factor fueling the market's expansion is the growing recognition of hydrogen peroxide's versatile applications, including its role as an effective disinfectant, antiseptic, and bleaching agent. Healthcare Demand One of the primary drivers of hydrogen peroxide market growth is the healthcare industry's demand for the substance due to its antiseptic properties. Hydrogen peroxide has long been used as a topical antiseptic for treating cuts and bruises. It works by releasing oxygen, which causes the characteristic foaming action when applied to a wound. This foaming helps to cleanse the wound by remov...