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...