Hydrogen Peroxide Market Size, Share, Growth Analysis, By Grade(90% H2o2, 35% H2o2, 6-10% H2o2, and 3% H2o2), By Application(Chemical Synthesis, Disinfectant, Bleaching, Cleaning & Etching), By Industry(Pulp & Paper, Food & Beverage, Textile, Oil & Gas), By Region - Industry Forecast 2024-2031

Rise in Use of Disinfectants in Water Treatment Industry

• The application of hydrogen peroxide in water treatment systems has been expanding due to its excellent oxidizing, odor-controlling, and disinfecting properties. It is crucial for water filtration as it gets rid of bacteria, breaks down organic pollutants, and controls unpleasant smells. Hydrogen peroxide will establish itself as a chlorine-free alternative with strict environmental legislation, bound by growing concerns over chlorine's disinfection byproducts. Growing focus on sustainability and compliance with legislation, combined with rising adoption of hydrogen peroxide as a green water treatment agent, is expected to further enhance the market. 

Wide Range of Applications to Support Market Growth  

• There are several uses for hydrogen peroxide in commercial, industrial, and domestic contexts. Due to its strong bleaching properties, it is suitable for bleaching paper and fabrics. In the medical field, it is used as an antiseptic and antibacterial agent. It is an excellent disinfectant and oxidizer for use in food applications, housekeeping, personal hygiene, and water purification. This wide range of uses is driving the growth of the hydrogen peroxide market.