Hydrogen Peroxide Market Will Be Worth of Us$6.04 Bn by 2023, Expanding at a Cagr of 5.6% Between 2015-2023

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Hydrogen Peroxide Market - Global Industry Analysis,

Size, Share, Growth, Trends and Forecast 2015 - 2023

Published Date

23-Oct-2015

131 Page Report

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Pulp and Paper Industry will Remain the Leading End User of

Hydrogen Peroxide until 2023, reports TMR

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Hydrogen Peroxide Market

REPORT DESCRIPTION

Hydrogen Peroxide Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 –

2023

This review is based on Transparency Market Research’s report, titled “Hydrogen Peroxide Market - Global

Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023.” The report states that the

global hydrogen peroxide market will touch US$6.03 bn by the end of 2023, rising from a valuation of US$3.70

bn in 2014. Between 2015 and 2023, the market will expand at a steady CAGR of 5.6%. Asia Pacific is

expected to hold a dominant share in the overall market, accounting for nearly 54.67% by 2023 in terms of

volume. The key end user industry will be the paper and pulp industry as it will consume 39.9% of hydrogen

peroxide by 2023.

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Necessary Consumption of Paper Keeps Investor Sentiment in Hydrogen Peroxide Market Positive

The consumption of paper across the globe has been the strong undercurrent for the growth of the global

hydrogen peroxide market. Although digitization has had a negative impact on the consumption of paper, the

demand for paper has risen in the packaging and personal care industries. A strong consumer base with

improving disposable incomes is yet another key demand driver for hydrogen peroxide.

The shifting preference towards eco-friendly paper packaging solutions from conventional plastic...