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Hydrogen peroxide market size was valued at around $4.8 billion in 2019 and will exhibit a growth rate of over 5.7% CAGR from the period of 2020 to 2026. The growing demand for pulp & paper across the globe coupled with the propelling product use in the HPPO process in propylene oxide production are major factor attributing to this growth.
Carotenoids are pigments present in plants, photosynthetic bacteria and algae. Growing consumer inclination towards natural food products will fuel carotenoids market demand across the food and beverages sector.
Hydrogen peroxide is a compound that has a combination of oxygen and hydrogen and is widely used across various industrial verticals. The compound possesses various properties such as antiseptic and efficient bleaching properties which makes them highly suitable in paper & pulp and the healthcare industry.
Hydrogen peroxide are also used for various personal hygiene and healthcare applications. It is used in the treatment of skin as an antiseptic for minor cuts and burns and as a mouth rinse solution for the removal of mucus and other mouth irritations.
Report Attribute | Details |
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Base Year: | 2019 |
Hydrogen Peroxide Market Size in 2019: | 4.8 Billion (USD) |
Forecast Period: | 2020 to 2026 |
Forecast Period 2020 to 2026 CAGR: | 5.7% |
2026 Value Projection: | 6.2 Billion (USD) |
Historical Data for: | 2016 to 2018 |
No. of Pages: | 115 |
Tables, Charts & Figures: | 101 |
Segments covered: | End-user Industry, Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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