IMARC Group’s latest research report, titled “India Hydrogen Peroxide Market Report: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028,” provides an extensive analysis of the industry, including hydrogen peroxide market growth, size, trends, and business opportunities. The report also covers competitor and regional analysis and the latest advancements in the market. The report also includes competitor and regional analysis, and contemporary advancements in the market. The India hydrogen peroxide market size reached US$ 169.4 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 243.5 Million by 2028, exhibiting a growth rate (CAGR) of 6% during 2023-2028.
India Hydrogen Peroxide Overview:
Hydrogen peroxide (H2O2) is a pale blue, clear liquid that can easily break down or decompose into water and oxygen and is slightly more viscous than water. It is unstable in nature and plays a key role in host defense and oxidative biosynthetic reactions. It is also active against various microorganisms, including viruses, bacteria, fungi, yeasts, and spores. Consequently, it is used to cleanse tools and combat excessive microbial growth in water systems and cooling towers. Owing to these properties, hydrogen peroxide is widely adopted across various industries across India.
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The market is primarily driven by the increasing utilization of hydrogen peroxide as a disinfectant in the food and beverage (F&B) industry. In addition, the rising product adoption in the pulp and paper industry as a bleaching agent represents another major growth. Besides this, the Government of India has introduced several environmental laws and regulations to promote the use of hydrogen peroxide due to its emission-free and eco-friendly properties. This, coupled with the increasing applications of hydrogen peroxide in water treatment and pollution control procedures, is positively influencing the market growth. Moreover, with the recent outbreak of the coronavirus disease (COVID-19) pandemic, hydrogen peroxide is widely used in sanitizers and other hygienic products, which is also creating a positive market outlook across the country.
Key Market Segmentation:
Breakup by Application:
Chemical Synthesis
Bleaching
Disinfectant
Cleaning and Etching
Others
Breakup by End Use:
Pulp and Paper
Food and Beverages
Water Treatment
Textiles and Laundry
Oil and Gas
Healthcare
Electronics
Others
Breakup by Region:
North India
West and Central India
South India
East India
Key Highlights of the Report:
Market Performance
Market Outlook
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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