Published by Coherent Market Insights
Posted on September 15, 2021
Hydrogen peroxide (H2O2) is a colorless liquid slightly viscous than water and bitter in taste at room temperature. Hydrogen peroxide easily decomposes into water and oxygen. It undergoes spontaneous reaction when it comes in contact with any organic material. Lower concentration of hydrogen peroxide (3-9%) is used for medical applications and as a bleach for cloth & hair. Higher concentrations (35%, 50%, 70%) are generally used in paper & pulp, textile, chemical industries, and as a part of rocket fuel.
Technological advancements in the production of hydrogen peroxide is projected to drive growth of the market in the near future. For instance, in January 2019, researchers at Ulsan Institute of Science and Technology (UNIST, South Korea) announced that they developed a new catalyst to produce hydrogen peroxide using electricity. The researchers developed a high-performance carbon catalyst, which can convert oxygen to hydrogen peroxide.
Top Key Players in Hydrogen Peroxide market: Arkema, S.A., Evonik, Industries, A.G., Solvay, S.A., Mitsubishi, Gas, Chemical, Company, Inc., Kemira, Oyj, Thai, Peroxide, Limited, (TPL), Taekwang, Industrial, Co., Ltd., PeroxyChem, LLC, Hansol, Chemical, and, Nouryon, among, others.
Regional Analysis For Hydrogen Peroxide Market:
Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Hydrogen Peroxide market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.
Asia Pacific region accounted for the most important market share of around 44.9% in 2018, due to high demand & presence of peroxide manufacturers within the region. Local players operating in China, India, and South East Asia are investing in peroxide industry to tap potential local market. as an example , In India, Meghmani Finechem Ltd (MFL) invested US$ 56 Mn for expansion of existing projects and a replacement project at its facility in Dahej, Gujarat. the corporate received funding for its projects through internal accruals and therefore the plant was commissioned by June 30, 2019.
Hydrogen peroxide is extensively used in various food applications, owing to its biological degradability and remarkable chemical properties. It is the most commonly used as oxidizing reagent for bleaching purpose in the food processing industry. Hydrogen peroxide is majorly used in products such as natural sugars, starches, gums, natural oils, and waxes among others. Hydrogen peroxide is also used in food products such as cheese, whey, instant tea, natural fatty acid emulsifiers, and herring.
Stringent regulations imposed by agencies such as Occupational Safety and Health Administration (OSHA) based on exposure of hydrogen peroxide is expected to hamper the hydrogen peroxide market growth. Also, policies implemented by regulatory agencies such as the Food & Drug Administration (FDA), Environmental Protection Agency (EPA), and Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH) is expected to hinder growth of the hydrogen peroxide market over the forecast period. For instance, the U.S. Food and Drug Administration (FDA) warn consumers not to use highly concentrated hydrogen peroxide such as 35% food grade hydrogen peroxide for medicinal purposes.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
The post Hydrogen Peroxide market leading manufacturers with latest trends forecast to 2027 appeared first on Gatorledger.
Hydrogen peroxide (H2O2) is a colorless liquid slightly viscous than water and bitter in taste at room temperature. Hydrogen peroxide easily decomposes into water and oxygen. It undergoes spontaneous reaction when it comes in contact with any organic material. Lower concentration of hydrogen peroxide (3-9%) is used for medical applications and as a bleach for cloth & hair. Higher concentrations (35%, 50%, 70%) are generally used in paper & pulp, textile, chemical industries, and as a part of rocket fuel.
Technological advancements in the production of hydrogen peroxide is projected to drive growth of the market in the near future. For instance, in January 2019, researchers at Ulsan Institute of Science and Technology (UNIST, South Korea) announced that they developed a new catalyst to produce hydrogen peroxide using electricity. The researchers developed a high-performance carbon catalyst, which can convert oxygen to hydrogen peroxide.
Top Key Players in Hydrogen Peroxide market: Arkema, S.A., Evonik, Industries, A.G., Solvay, S.A., Mitsubishi, Gas, Chemical, Company, Inc., Kemira, Oyj, Thai, Peroxide, Limited, (TPL), Taekwang, Industrial, Co., Ltd., PeroxyChem, LLC, Hansol, Chemical, and, Nouryon, among, others.
Regional Analysis For Hydrogen Peroxide Market:
Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Hydrogen Peroxide market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.
Asia Pacific region accounted for the most important market share of around 44.9% in 2018, due to high demand & presence of peroxide manufacturers within the region. Local players operating in China, India, and South East Asia are investing in peroxide industry to tap potential local market. as an example , In India, Meghmani Finechem Ltd (MFL) invested US$ 56 Mn for expansion of existing projects and a replacement project at its facility in Dahej, Gujarat. the corporate received funding for its projects through internal accruals and therefore the plant was commissioned by June 30, 2019.
Hydrogen peroxide is extensively used in various food applications, owing to its biological degradability and remarkable chemical properties. It is the most commonly used as oxidizing reagent for bleaching purpose in the food processing industry. Hydrogen peroxide is majorly used in products such as natural sugars, starches, gums, natural oils, and waxes among others. Hydrogen peroxide is also used in food products such as cheese, whey, instant tea, natural fatty acid emulsifiers, and herring.
Stringent regulations imposed by agencies such as Occupational Safety and Health Administration (OSHA) based on exposure of hydrogen peroxide is expected to hamper the hydrogen peroxide market growth. Also, policies implemented by regulatory agencies such as the Food & Drug Administration (FDA), Environmental Protection Agency (EPA), and Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH) is expected to hinder growth of the hydrogen peroxide market over the forecast period. For instance, the U.S. Food and Drug Administration (FDA) warn consumers not to use highly concentrated hydrogen peroxide such as 35% food grade hydrogen peroxide for medicinal purposes.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
The post Hydrogen Peroxide market leading manufacturers with latest trends forecast to 2027 appeared first on Gatorledger.
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