The hydrogen peroxide market is set to grow from 6.11 million tons in 2025 to 7.40 million tons by 2030, reflecting a compound annual growth rate (CAGR) of 3.90%. This steady expansion comes as traditional uses such as pulp and paper bleaching remain central, while new drivers such as semiconductor-grade peroxide and advanced wastewater treatment bolster demand across industries. Geographic trends reveal Asia-Pacific as both the largest and fastest-growing region, accounting for 53% of global demand and moving ahead at 4.27% CAGR.
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Key Trends in the Hydrogen Peroxide Market
The hydrogen peroxide market continues to be anchored by established sectors while seeing notable momentum in emerging uses:
Bleaching leads the market: Bleaching applications-especially in pulp and paper-represented approximately 61% of revenue share in 2024, making it the dominant function of hydrogen peroxide usage.
High-purity grades on the rise: Industrial-grade products held about 41% market share, but high-purity hydrogen peroxide is advancing at an impressive 5.23% CAGR through 2030.
Growth in disinfectant and adduct form factors: While aqueous solutions dominate with an 80% share in 2024, powder and granular adducts are gaining ground, growing at 4.31% CAGR. Disinfectant functions are also expanding, forecasted at 4.37% CAGR to 2030.
End-user shifts: Pulp and paper remain the largest end-user, accounting for nearly 47% share. That said, wastewater treatment is emerging more quickly, with a 4.24% CAGR, indicating the chemical's rising importance in environmental and hygiene applications.
Asia-Pacific dominance: The region commands 53% of global demand and leads growth with a 4.27% CAGR-a reflection of expanding industrial sectors and investments in regional capacity.
These trends highlight both stability in core uses and flexibility as the market responds to newer, often higher-value needs.
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Hydrogen Peroxide Market Segmentation
The hydrogen peroxide market can be broken down across several key dimensions:
** By Function (Product Use):**
Bleaching (the largest share at ~61% revenue in 2024)
Disinfectant (fastest-growing function, at 4.37% CAGR through 2030)
Other functional uses (e.g., oxidant, chemical synthesis)
By Grade:
Industrial grade (~41% share in 2024)
High-purity grade (growing at 5.23% CAGR through 2030)
By Form / Concentration:
Aqueous solutions (~80% share in 2024)
Powder/granular adducts (growing at 4.31% CAGR)
By End-User Industry:
Pulp & Paper (~47% share, largest end-user)
Wastewater Treatment (fastest growth, 4.24% CAGR)
Other industries (e.g., textiles, semiconductor cleaning, chemical synthesis, personal care)
By Region / Geography:
Asia-Pacific (.largest share at 53% and fastest growth at 4.27% CAGR)
Other regions such as Europe and North America are evolving but not as rapidly in volume terms
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Key Players in the Hydrogen Peroxide Market
The hydrogen peroxide market is concentrated, with several major players strengthening their presence through capacity expansions and specialized product lines. According to Mordor Intelligence, leading suppliers are investing in ultra-pure production facilities, on-site generation, and long-term supply agreements-particularly to service semiconductor and electronics clients. While specific company names aren't listed in the global overview, Mordor notes that regional leaders such as Evonik in Europe are innovating with low-carbon peroxide options under programs like "Way to GO2." These developments show that established players are responding to both sustainability expectations and shifting industry needs.
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Conclusion on Hydrogen Peroxide Market Outlook
The outlook for the hydrogen peroxide market through 2030 remains promising. Rising demand in both legacy sectors like pulp and paper bleaching and emerging areas such as high-purity electronics cleaning and wastewater treatment is driving consistent volume growth. Asia-Pacific, with its increasing industrial output and growing chemical production capacities, will continue to shape global supply and demand patterns.