Europe Hydrogen Peroxide Market Size (2024 - 2029)

The European hydrogen peroxide market is experiencing growth, driven by its increasing use in the paper and pulp industry and water treatment applications. Despite challenges such as price increases, the market has rebounded from pandemic-related disruptions, with demand sustained by its role in sanitization and healthcare. The expansion of plant capacities presents promising opportunities for further growth. Germany leads the market due to its diverse industrial consumption.

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Market Size of Europe Hydrogen Peroxide Industry

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Europe Hydrogen Peroxide Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 4.00 %
Market Concentration High

Major Players

Europe Hydrogen Peroxide Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Europe Hydrogen Peroxide Market Analysis

The European Hydrogen Peroxide market is estimated to reach 1160 kilotons by the end of this year. It is expected to reach 1360 kilotons in the next five years, registering a CAGR of 4% during the forecast period.

COVID-19 negatively impacted the market because of nationwide lockdowns, social distancing mandates, etc., which caused supply chain disruptions. However, the demand remained intact primarily due to the need for sanitization and the chemical's growing usage in pharmaceutical and healthcare facilities. Presently, the market has recovered from the pandemic and is growing at a significant rate.

  • Over the short term, the increasing utilization in the paper and pulp industry and rising application in water treatment industries are major factors driving the market's growth.
  • However, a rise in hydrogen peroxide prices is expected to restrain the market's growth.
  • Nevertheless, growing investments in expanding hydrogen peroxide plant capacity are expected to create lucrative growth opportunities for the European market.
  • Germany represents the largest market over the forecast period due to the consumption from various industries such as paper and pulp, textiles, electronics, and others.

Europe Hydrogen Peroxide Industry Segmentation

Hydrogen peroxide is a colorless liquid at room temperature with a bitter taste. Small amounts of gaseous hydrogen peroxide occur naturally in the air. Hydrogen peroxide is unstable, decomposing readily to oxygen and water with the release of heat. Although nonflammable, it is a powerful oxidizing agent that can cause spontaneous combustion when it comes in contact with organic material.

The market is segmented by product function, end-user industry, and geography. By product function, the market is segmented into disinfectant, bleaching, oxidant, and other product functions (antiseptic, dishwasher, vegetable wash). By end-user industry, the market is segmented into pulp and paper, chemical synthesis, wastewater treatment, mining, food and beverage, cosmetics and healthcare, textiles, and other end-user industries (electronics, packaging). 

The report also covers the market size and forecasts for the Europe Hydrogen Peroxide market for four major countries. For each segment, the market sizing and forecasts are provided in terms of volume (tons).

Product Function
Disinfectant
Bleaching
Oxidant
Other Product Functions (Antiseptic, Dishwasher, Vegetable Wash)
End-user Industry
Pulp and Paper
Chemical Synthesis
Wastewater Treatment
Mining
Food and Beverage
Cosmetics and Healthcare
Textiles
Other End-user Industries (Electronics, Packaging)
Geography
Germany
United Kingdom
France
Italy
Rest of Europe
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Europe Hydrogen Peroxide Market Size Summary

The European hydrogen peroxide market is experiencing a robust recovery and growth trajectory following the disruptions caused by the COVID-19 pandemic. The market's resilience is attributed to the sustained demand for sanitization and the chemical's expanding applications in pharmaceutical and healthcare sectors. Currently, the market is benefiting from increased utilization in the paper and pulp industry, as well as its rising application in water treatment processes. Despite the challenge posed by rising hydrogen peroxide prices, the market is poised for growth, driven by significant investments in expanding production capacities. Germany stands out as the largest market, fueled by consumption across diverse industries such as paper and pulp, textiles, and electronics.

The demand for hydrogen peroxide is further bolstered by its advantageous properties as a bleaching agent, particularly in the pulp and paper industry, where it enhances paper quality and yield while being environmentally friendly. The growing paper and pulp industry in Europe, along with the textile and electronics sectors, is expected to drive the demand for hydrogen peroxide during the forecast period. Major players in the market, including Arkema, Evonik Industries AG, Nouryon, Nuberg, and Solvay, are actively contributing to market dynamics through strategic partnerships and sustainability initiatives. These factors collectively indicate a promising outlook for the European hydrogen peroxide market, with Germany leading the charge due to its robust industrial demand.

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Europe Hydrogen Peroxide Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Increasing Utilization in the Paper and Pulp Industry

      2. 1.1.2 Rising Application in Water Treatment Industries

      3. 1.1.3 Other Drivers

    2. 1.2 Restraints

      1. 1.2.1 Rise in Hydrogen Peroxide Price

      2. 1.2.2 Other Restraints

    3. 1.3 Industry Value-Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION (Market Size in Volume)

    1. 2.1 Product Function

      1. 2.1.1 Disinfectant

      2. 2.1.2 Bleaching

      3. 2.1.3 Oxidant

      4. 2.1.4 Other Product Functions (Antiseptic, Dishwasher, Vegetable Wash)

    2. 2.2 End-user Industry

      1. 2.2.1 Pulp and Paper

      2. 2.2.2 Chemical Synthesis

      3. 2.2.3 Wastewater Treatment

      4. 2.2.4 Mining

      5. 2.2.5 Food and Beverage

      6. 2.2.6 Cosmetics and Healthcare

      7. 2.2.7 Textiles

      8. 2.2.8 Other End-user Industries (Electronics, Packaging)

    3. 2.3 Geography

      1. 2.3.1 Germany

      2. 2.3.2 United Kingdom

      3. 2.3.3 France

      4. 2.3.4 Italy

      5. 2.3.5 Rest of Europe

Europe Hydrogen Peroxide Market Size FAQs

The Europe Hydrogen Peroxide Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)

Arkema, Evonik Industries AG, Nouryon, Nuberg and Solvay are the major companies operating in the Europe Hydrogen Peroxide Market.

Europe Hydrogen Peroxide Market Report Snapshots

Europe Hydrogen Peroxide Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)