The South Africa Hydrogen Peroxide market demand stood at 110 thousand tonnes in 2023 and is expected to grow at a CAGR of 3.78% during the forecast period until 2033.
Hydrogen peroxide, known for its potent oxidizing properties, is a versatile substance with widespread applications across various industries. In the paper and pulp sector, it serves as a robust bleaching agent, enhancing brightness levels, ensuring stability, and reducing production costs. Its significance extends to wastewater treatment, where it plays a crucial role as an oxidizing agent, contributing to the reduction of biochemical and chemical oxygen demand. Meanwhile, in the textile industry, hydrogen peroxide stands out as a widely utilized bleaching agent for natural fibers. Renowned for its cost-effectiveness in industrial processes, it finds applications beyond bleaching, such as in the electronics sector, where it acts as a potent oxidizer during the etching process of printed circuit boards. The semiconductor industry has also embraced hydrogen peroxide for its exceptional cleaning capabilities, making it a valuable solution in manufacturing processes. Overall, hydrogen peroxide proves to be a multifaceted and indispensable element in diverse industrial applications.
The driving forces behind South Africa's Hydrogen Peroxide market stem significantly from a variety of end-use sectors. Specifically, the textile industry plays a pivotal role, employing Hydrogen Peroxide in diverse processes to contribute to market expansion. Additionally, the textiles sector stands out as another essential driver, extensively utilizing Hydrogen Peroxide in the manufacturing process as a bleaching agent. Although pulp and paper currently holds a prominent position as an end-user and is likely to maintain its position in the coming years. Furthermore, the water treatment sector plays a vital role in escalating the demand for Hydrogen Peroxide, given its effectiveness in disinfection and wastewater treatment applications. These three primary end-use sectors—textiles and water treatment—collaboratively contribute to the robust growth and demand dynamics observed in the Hydrogen Peroxide market in South Africa. Thus, South Africa Hydrogen Peroxide market is likely to reach roughly 160 thousand tonnes in 2033.
Based on the end-user industry, the South Africa Hydrogen Peroxide market is segmented into Paper & Pulp, Textiles, Waste Water Treatment, Food Processing, Electronics & Semiconductors, Pharmaceuticals, and Others. However, Hydrogen Peroxide volume goes in Paper & Pulp industry which was about 30% in 2023.
Major player in the South Africa Hydrogen Peroxide market is Evonik Industries. Other global players include Arkema SA, Solvay Peroxide, 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 South Africa Hydrogen Peroxide which covers production, demand and supply of Hydrogen Peroxide market in South Africa.
• To analyse and forecast the market size of South Africa Hydrogen Peroxide
• To classify and forecast South Africa 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 South Africa.
To extract data for South Africa 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 South Africa Hydrogen Peroxide market over the coming years.
ChemAnalyst calculated Hydrogen Peroxide demand across the South Africa 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, South Africa 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
110 thousand tonnes
Market size Volume by 2033
160 thousand tonnes
Growth Rate
CAGR of 3.78% from 2024 to 2033
Base year
2023
Estimated Year
2024
Historical Data
2015 – 2022
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)
By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
Northern Cape, Western Cape, Eastern Cape, and Rest of South Africa
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What was the size of South Africa Hydrogen Peroxide market in terms of volume in 2023?
Ans:
The size of South Africa Hydrogen Peroxide market has grown significantly in the historic period and reached approximately 110 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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