The Brazil Hydrogen Peroxide market demand reached nearly 105 thousand tonnes in 2023 and is expected to flourish at a CAGR of 3% during the forecast period until 2034.
Hydrogen peroxide (H2O2) is a colorless, transparent, inorganic liquid with exceptional oxidizing properties, primarily produced through the anthraquinone-autoxidation (AO) process. In this method, hydrogen peroxide is generated from hydrogen and atmospheric oxygen, followed by purification and concentration steps. In the paper and pulp industry, hydrogen peroxide is pivotal, acting as a potent bleaching agent that enhances brightness levels and stabilizes colour. It plays a crucial role in reducing harmful substances and effluents in pulp. Widely used in the textile sector, hydrogen peroxide serves as a universal bleaching agent for natural fibers like cotton and linen. In wastewater treatment, hydrogen peroxide serves as a significant oxidizing agent, contributing to the reduction of biochemical oxygen demand and chemical oxygen demand in industrial wastewater. The electronics sector benefits from hydrogen peroxide's robust oxidizing properties, especially in the etching process of printed circuit boards, highlighting its critical role in diverse manufacturing processes. The semiconductor industry widely adopts hydrogen peroxide due to its exceptional cleaning capabilities, making it an efficient solution for various cleaning purposes.
Hydrogen peroxide's transparency, versatility, and notable chemical characteristics contribute to its essential role across industries, making it a crucial compound in processes ranging from bleaching to wastewater treatment and electronics manufacturing. The growth drivers of the Hydrogen Peroxide market in Brazil are significantly shaped by a variety of end-use sectors. The prominence of the pulp and paper sector as a significant end-user in Brazil is currently noteworthy; however, its future trajectory is anticipated to shift due to the prevailing trends of digitalization and a growing emphasis on environmental awareness. The ongoing digitalization trend is likely to impact the demand for paper products, influencing a potential decline in the importance of the pulp and paper industry in the country. In addition to the changes in the pulp and paper sector, the water treatment industry plays a vital role in propelling the demand for Hydrogen Peroxide in Brazil. The compound's effectiveness in disinfection and wastewater treatment applications positions it as a crucial component in addressing environmental concerns and ensuring water quality. Moreover, the textiles industry emerges as a significant driver for Hydrogen Peroxide demand in Brazil, given its extensive use as a bleaching agent in textile manufacturing processes. The compound's versatility and efficacy contribute to its widespread application in enhancing the quality and appearance of textiles. Furthermore, the electronic industry plays a notable role in influencing Hydrogen Peroxide demand in Brazil. As technology continues to advance, the demand for Hydrogen Peroxide in electronics manufacturing processes is expected to grow, further solidifying its position as a key influencer in the Brazilian market. In 2023, Brazil has initiated initial moves towards establishing ties with China's technology sector, During a meeting, Chinese leader Xi Jinping and Brazilian President Luiz Inácio Lula da Silva agreed to establish a working group dedicated to exploring semiconductor production in Brazil, and the two leaders inked 15 agreements aimed at fostering joint research and development across various technologies, including satellite rainforest monitoring and investments in 5G communications. Based on the driving demand drivers, the Brazil Hydrogen Peroxide market is likely to reach roughly 150 thousand tonnes in 2034.
Based on the end-user industry, the Brazil Hydrogen Peroxide market is segmented into Paper & Pulp, Textiles, Waste Water Treatment, Food Processing, Electronics & Semiconductors, Pharmaceuticals, and Others. The largest market share of Hydrogen Peroxide goes with high proportion in Paper & Pulp about 36% in the year 2023.
Major players in the Brazil Hydrogen Peroxide market are Solvay interox, Evonik industries, and Peróxidos do Brasil. Other global players in the Hydrogen Peroxide market include Solvay Peroxides, Kemira Oyj, Aurora Plastics LLC, Arkema SA, Formosa Plastics Corporation, Ineos, LG Chem, Orbia (Mexichem SAB de CV), SABIC, Shin-Etsu Chemical Co. Ltd., Westlake Corporation, Evonik Industries, Occidental Petroleum Corporation, and Others.
Years considered for this report:
Historical Period: 2015- 2022
Base Year: 2023
Estimated Year: 2024
Forecast Period: 2025-2034
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Objective of the Study:
• To assess the demand-supply scenario of Brazil Hydrogen Peroxide which covers production, demand and supply of Hydrogen Peroxide market in Brazil.
• To analyse and forecast the market size of Brazil Hydrogen Peroxide
• To classify and forecast Brazil Hydrogen Peroxide market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Hydrogen Peroxide market in Brazil.
To extract data for Brazil Hydrogen Peroxide market, primary research surveys were conducted with Hydrogen Peroxide manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Brazil Hydrogen Peroxide market over the coming years.
ChemAnalyst calculated Hydrogen Peroxide demand across the Brazil region by analysing the volume of Hydrogen Peroxide consumed by the end-user industries and the forecast is calculated based on the growth rate of end-use industries. ChemAnalyst sourced these values from industry experts and company representatives and externally validated them by analyzing the historical sales data of respective manufacturers to determine the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Hydrogen Peroxide manufacturers and other stakeholders
• Organizations, forums and alliances related to Hydrogen Peroxide distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Hydrogen Peroxide manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Brazil Hydrogen Peroxide market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2023
105 thousand tonnes
Market size Volume by 2034
150 thousand tonnes
Growth Rate
CAGR of 3% from 2024 to 2034
Base year
2023
Estimated Year
2024
Historical Data
2015 – 2022
Forecast period
2025 – 2034
Quantitative units
Demand in thousand tonnes and CAGR from 2024 to 2034
Report coverage
Industry Market Size, Capacity by Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Foreign Trade, Company Share, Manufacturing Process.
Segments covered
By End-Use: (Paper & Pulp, Textiles, Waste Water Treatment, Food Processing, Electronics & Semiconductors, Pharmaceuticals, and Others)
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What was the size of Brazil Hydrogen Peroxide market in terms of volume in 2023?
Ans:
The size of Brazil Hydrogen Peroxide market has grown significantly in the historic period and reached approximately 105 thousand tonnes in 2023.
Q2.
Which industries are the leading consumers of Brazil Hydrogen Peroxide market?
Ans:
Paper & Pulp, Textiles, Waste Water Treatment, Food Processing, Electronics & Semiconductors, and Pharmaceuticals are the leading consumers of Brazil Hydrogen Peroxide market.
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