Hydrogen Peroxide Market Report 2026

The hydrogen peroxide market size has grown strongly in recent years. It will grow from $3.61 billion in 2025 to $3.9 billion in 2026 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to expansion of pulp and paper manufacturing, increasing use in textile bleaching, growth in healthcare disinfection needs, rising adoption in chemical synthesis, availability of industrial-scale production processes.

The hydrogen peroxide market size is expected to see strong growth in the next few years. It will grow to $5.28 billion in 2030 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to increasing demand for sustainable oxidizing agents, rising use in advanced electronics manufacturing, expansion of clean water treatment infrastructure, growing focus on aseptic food processing, increasing adoption in environmental remediation. Major trends in the forecast period include growing demand for eco-friendly bleaching agents, rising use in healthcare and disinfection applications, increasing adoption in water and wastewater treatment, expansion of semiconductor and electronics usage, enhanced focus on high-purity grades.

The growing focus on hygiene practices is expected to drive the growth of the hydrogen peroxide market in the coming years. Hygiene practices encompass a set of actions and behaviors that individuals and communities adopt to maintain cleanliness and prevent the spread of diseases, which are vital for promoting health and well-being. Hydrogen peroxide’s strong oxidizing and disinfecting properties make it valuable for hygiene applications in both households and healthcare settings. For instance, in January 2024, according to TrendEconomy Ltd., a Bulgaria-based data warehouse and open data portal, Switzerland’s export value of commodity group 4803 - toilet or facial tissue stock, towel or napkin stock, and similar sanitary or household paper - reached $43 million in 2023, marking a 17.2% increase compared with 2022. Therefore, the rising focus on hygiene practices is supporting the growth of the hydrogen peroxide market.

Major companies in the hydrogen peroxide market are developing innovative manufacturing plants to enhance the production of hydrogen peroxide, a versatile chemical widely used in applications such as disinfection, bleaching, water treatment, and chemical synthesis. These advanced facilities are designed to meet growing demand across industries by improving production efficiency, reducing environmental impact, and ensuring a high-quality, stable supply of hydrogen peroxide. For instance, in August 2024, DCM Shriram Consolidated Ltd., an India-based chemical industry company launched a hydrogen peroxide plant at its chemical complex in Jhagadia, located in the Bharuch district of Gujarat. The plant, has a production capacity of 52,500 tonnes per annum (TPA) and is designed to enhance the company's chemicals business portfolio by utilizing hydrogen produced at the same facility.

In December 2023, Evonik Industries AG, a Germany-based specialty chemicals company acquired Thai Peroxide Co. Ltd. for an undisclosed amount. Through this acquisition, Evonik is poised to enhance its presence and capabilities in the Asia Pacific region, particularly fortifying its expertise in the hydrogen peroxide and peracetic acid specialties business. Thai Peroxide Company Limited (TPL) is a Thailand-based manufacturer of hydrogen peroxide and peracetic acid.

Major companies operating in the hydrogen peroxide market are Dow Inc., Evonik Industries AG, Solvay SA, Arkema SA, AkzoNobel N.V., Nouryon N.V., Kemira Oyj, OCI Company Ltd., Mitsubishi Gas Chemical Company Inc., FMC Corporation, Grupa Azoty, Aditya Birla Chemicals Limited, Gujarat Alkalies and Chemicals Ltd., Huatai Group, Chang Chun Group Co. Ltd., Hansol Chemical, PeroxyChem LLC, National Peroxide Ltd., Indian Peroxide Limited, Thai Peroxide Co. Limited, Guangdong Zhongcheng Chemicals, Hodogaya Chemical Co. Ltd.

Asia-Pacific was the largest region in the hydrogen peroxide market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hydrogen peroxide market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the hydrogen peroxide market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The hydrogen peroxide market consists of sales of hydrogen peroxide which is used as antiseptic and sterilizer. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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