H2 2023: During H2 2023, in Germany, prices of Hydrogen Peroxide fluctuated. Although, the prices of Hydrogen Peroxide experienced a continual decline in Germany in Q3 2023. The initial drop in Q3 was primarily attributed to a subdued demand from downstream textile industries, influenced by the elevated inventory in the nation. Progressing through the quarter, high inventory levels alongside limited market trades resulted in buyer reluctance to place substantial orders, prompting sellers to offer discounts to stimulate market transactions and restore profit margins. By the conclusion of Q3 2023, another descending trend was evident in the German Hydrogen Peroxide market. This downturn was driven by reduced expenses associated with crucial feedstocks. The diminished feedstock costs significantly contributed to the overall decline in Hydrogen Peroxide prices. Additionally, market challenges stemming from a weaker PMI, decreased manufacturing activities, and reduced industrial output further diminished demand for Hydrogen Peroxide, particularly from sectors like textiles and paper industries, led to this hazy market scenario.
H1 2023: In the first half of 2023 In the German market, Hydrogen Peroxide prices reflected a blend of market sentiments. The demand from downstream textiles and pulp & paper industries remained subdued due to elevated inflationary pressures. In response to soared inflation, increased interest rates, influenced downstream industries to adopt a bearish outlook on purchasing. In February 2023, there was an uptick in Hydrogen Peroxide prices as demand from end-use industries experienced a slight increase. Market transactions settled at higher levels, and reported inventory levels were deemed sufficient by market participants. However, as stocks were replenished, demand witnessed a decline towards in March 2023. Consequently, manufacturers adjusted their price offerings to ensure market equilibrium. Throughout the entire second quarter of 2023, the price of Hydrogen Peroxide in the German market consistently lingered at its lower spectrum. Additionally, the robust availability of the material helped narrow the gap between demand and supply, leading the buyers to propose lower bid prices in the market.
The Germany Hydrogen Peroxide market demand stood at 700 thousand tonnes in 2023 and is expected to grow at a CAGR of 5.5% during the forecast period until 2033.
Hydrogen peroxide, renowned for its remarkable oxidizing properties, plays a pivotal role in various industries. Particularly in the paper and pulp sector, it functions as a potent bleaching agent, contributing to the enhancement of brightness levels, increased stability of brightness, and a reduction in production costs. Its application is vital for minimizing the presence of harmful halogenated substances and effluents in pulp, concurrently lightening the effluent's colour. In the textile industry, hydrogen peroxide stands out as the most widely utilized bleaching agent, applied to bleach natural cellulose-based fibers derived from plants and animals, such as cotton and linen. Renowned for its potent bleaching effects among oxidizing agents, hydrogen peroxide proves to be a cost-effective solution in various industrial processes. In the realm of wastewater treatment, hydrogen peroxide plays a crucial role as a significant oxidizing agent, contributing to the reduction of biochemical oxygen demand and chemical oxygen demand in industrial wastewater. Within the electronics sector, it serves as a potent oxidizer with broad applications in the etching process of printed circuit boards, underscoring its pivotal role in various manufacturing processes. The semiconductor industry has embraced hydrogen peroxide for its remarkable cleaning capabilities, making it an effective solution for cleaning purposes.
The drivers for the Hydrogen Peroxide market in Germany are significantly influenced by diverse end-use sectors. Notably, the electronic industry serves as a major driver, where Hydrogen Peroxide finds applications in various processes, contributing to its market growth. Although, pulp and paper is a prominent end-user as per now, but in future it is likely to decline in Germany in response to digitalization across the western countries. Additionally, the water treatment sector plays a crucial role in propelling the demand for Hydrogen Peroxide, given its utility in disinfection and wastewater treatment applications. Moreover, the textiles industry emerges as another key end-use driver, with Hydrogen Peroxide being extensively used as a bleaching agent in the textile manufacturing process. These three prominent end-use sectors, namely electronics, water treatment, and textiles, collectively contribute to the robust growth and demand dynamics observed in the Hydrogen Peroxide market in Germany. Thus, Germany Hydrogen Peroxide market is likely to reach roughly 1200 thousand tonnes in 2033.
Based on the end-user industry, the Germany 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 35% in the year 2023.
Major players in the Germany Hydrogen Peroxide market are Evonik Industries, Arkema SA, Solvay Peroxide, Solvay Peroxide. Other global players include Aurora Plastics LLC, Formosa Plastics Corporation, Ineos, LG Chem, Occidental Petroleum Corporation, Orbia (Mexichem SAB de CV), SABIC, Shin-Etsu Chemical Co. Ltd., Westlake Corporation. and Others.
Years considered for this report:
Historical Period: 2015- 2022
Base Year: 2023
Estimated Year: 2024
Forecast Period: 2025-2033
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Objective of the Study:
• To assess the demand-supply scenario of Germany Hydrogen Peroxide which covers production, demand and supply of Hydrogen Peroxide market in Germany.
• To analyse and forecast the market size of Germany Hydrogen Peroxide
• To classify and forecast Germany 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 Germany.
To extract data for Germany 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 Germany Hydrogen Peroxide market over the coming years.
ChemAnalyst calculated Hydrogen Peroxide demand across the Germany 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, Germany 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
700 thousand tonnes
Market size Volume by 2033
1200 thousand tonnes
Growth Rate
CAGR of 5.5% from 2024 to 2033
Base year
2023
Estimated Year
2024
Historical Data
2015 – 2023
Forecast period
2025 – 2033
Quantitative units
Demand in thousand tonnes and CAGR from 2024 to 2033
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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Member - Board of Directors
Osaka Gas Co. Ltd
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What was the size of Germany Hydrogen Peroxide market in terms of volume in 2023?
Ans:
The size of Germany Hydrogen Peroxide market has grown significantly in the historic period and reached approximately 700 thousand tonnes in 2023.
Q2.
Which industry is leading as the leading consumer of Hydrogen Peroxide?
Ans:
Paper & Pulp industry is the leading consumer of Hydrogen Peroxide.
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