The UK (United Kingdom) Hydrogen Peroxide market demand stood at 110 thousand tonnes in 2023 and is expected to grow at a CAGR of 3.6% during the forecast period until 2033.
Hydrogen peroxide serves as an effective bleaching agent for pulp, imparting heightened whiteness without causing significant damage to the fibers during the bleaching process. Notably, the brightness of paper produced through hydrogen peroxide bleaching exhibits greater stability. Hydrogen peroxide possesses potent antibacterial and antimicrobial properties, making it a widely utilized agent for cleaning and disinfection across private, industrial, institutional, and medical settings. Hydrogen peroxide function as crucial oxidizing agent for essential processes such as wafer cleaning and surface conditioning in the manufacturing of transistors or copper formation. Additionally, serving as etchants, it plays a key role in the production of printed circuit boards. Furthermore, in the manufacturing of solar panels and the recycling of batteries, this chemical contributes to the advancement of sustainable technologies.
The Hydrogen Peroxide demand in UK (United Kingdom) is influenced by the diverse end-use sectors. While the pulp and paper segment currently hold the prominent position, its future trajectory in the United Kingdom is anticipated to decline due to the ongoing digitalization trends prevalent in Western countries. Furthermore, the water treatment sector assumes a pivotal role in driving Hydrogen Peroxide demand, driven by its effectiveness in disinfection and wastewater treatment applications. Additionally, the textiles industry stands out as another vital driver, extensively utilizing Hydrogen Peroxide as a key bleaching agent in the textile manufacturing process. Significantly, the electronics sector also acts a driver, leveraging Hydrogen Peroxide in diverse processes and substantially influencing market expansion. Initiatives by the UK Government such as a new policy of expenditure up to 1.28 billion USD over the upcoming decade, with an initial spending of up to 255 million USD in the period of 2023-25 is likely to bolster the semiconductor industry and curate better expansion possibilities for the Hydrogen Peroxide market. These initiatives encompass strategic investments in a newly proposed National Semiconductor Infrastructure Initiative, aiming to unleash the capabilities of British chip companies in critical sectors. The initiative will assess the necessity of enhanced access to prototyping facilities for chip firms, addressing barriers to innovation and technology. Thus, UK (United Kingdom) Hydrogen Peroxide market is likely to reach roughly 150 thousand tonnes in 2033.
Based on the end-user industry, the UK (United Kingdom) 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 is held by the Paper & Pulp industry which was about 35% of the net market in the year 2023.
Largest player in the UK (United Kingdom) Hydrogen Peroxide market is Solvay Peroxide. Other global players in the Hydrogen Peroxide market include Evonik Industries, Arkema SA, Aurora Plastics LLC, Formosa Plastics Corporation, Ineos, LG Chem, Occidental Petroleum Corporation, Orbia (Mexichem SAB de CV), Shin-Etsu Chemical Co. Ltd., Westlake Corporation, SABIC, 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 UK (United Kingdom) Hydrogen Peroxide which covers production, demand and supply of Hydrogen Peroxide market in UK (United Kingdom).
• To analyse and forecast the market size of UK (United Kingdom) Hydrogen Peroxide
• To classify and forecast UK (United Kingdom) 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 UK (United Kingdom).
To extract data for UK (United Kingdom) 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 UK (United Kingdom) Hydrogen Peroxide market over the coming years.
ChemAnalyst calculated Hydrogen Peroxide demand across the UK (United Kingdom) 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, UK (United Kingdom) 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
150 thousand tonnes
Growth Rate
CAGR of 3.6% 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)
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What was the size of UK (United Kingdom) Hydrogen Peroxide market in terms of volume in 2023?
Ans:
The size of UK (United Kingdom) 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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