Global Hydrogen Peroxide Market Size & Outlook, 2025-2030

The global hydrogen peroxide market size was estimated at USD 1,475.4 million in 2024 and is projected to reach USD 2,109.5 million by 2030, growing at a CAGR of 6.2% from 2025 to 2030.
Revenue, 2024 (US$M)
$1,475.4
Forecast, 2030 (US$M)
$2,109.5
CAGR, 2025 - 2030
6.2%
Report Coverage
Worldwide

Global hydrogen peroxide market highlights

  • The global hydrogen peroxide market generated a revenue of USD 1,475.4 million in 2024 and is expected to reach USD 2,109.5 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 6.1% by 2030.
  • In terms of segment, <30% accounted for a revenue of USD 562.0 million in 2024.
  • <30% is the most lucrative grade segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2024.
  • Country-wise, Canada is expected to register the highest CAGR from 2025 to 2030.


Global data book summary

Market revenue in 2024USD 1,475.4 million
Market revenue in 2030USD 2,109.5 million
Growth rate6.1% (CAGR from 2024 to 2030)
Largest segment<30%
Fastest growing segment<30%
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentation<30%, 30%-50%, 50%-80%, >80%


Other key industry trends

  • In terms of revenue, the North America accounted for 37.5% of the global hydrogen peroxide market in 2024.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Canada is the fastest growing regional market and is projected to reach USD 48.9 million by 2030.

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Hydrogen Peroxide Market Scope

Hydrogen peroxide market segmentation & scope
<30%
30%-50%
50%-80%
>80%
Disinfectant
Bleaching
Oxidant
Others
Pulp & Paper
Chemical Synthesis
Wastewater Treatment
Mining
Food & Beverage
Personal Care
Healthcare
Textiles
Electronics
Propulsion Systems
Others

Hydrogen Peroxide Market Companies

Name Profile # Employees HQ Website
Airedale Chemical View profile 51-100 Keighley, Bradford, United Kingdom, Europe http://www.airedalechemical.com/
OCI Chemical View profile 1001-5000 Seoul, Seoul-t'ukpyolsi, South Korea, Asia https://www.oci.co.kr/index.asp
National Peroxide Ltd. View profile 101-250 Mumbai, Maharashtra, India, Asia http://www.naperol.com/
gujarat alkalies and chemical ltd View profile 1001-5000 http://gacl.com
Taekwang View profile 10001+ Seoul, Seoul-t'ukpyolsi, South Korea, Asia http://www.taekwang.co.kr/
Grupa Azoty View profile 10001+ Tarnow, Malopolskie, Poland, Europe https://grupaazoty.com
Akzo Nobel NV View profile 35500 Christian Neefestraat 2, Amsterdam, NH, Netherlands, 1077 WW https://www.akzonobel.com
Solvay SA View profile 9000 Rue De Ransbeek, 310, Brussels, Belgium, B-1120 https://www.solvay.com
Arkema SA View profile 11039 420 rue d’Estienne d’Orves, Colombes, France, 92700 https://www.arkema.com
Evonik Industries AG View profile 33409 Rellinghauser Strasse 1-11, Essen, NW, Germany, 45128 https://www.evonik.com

Global hydrogen peroxide market size, by regions, 2018-2030 (US$M)

Top 10 countries: Hydrogen peroxide market size, 2024 (US$M)

Global hydrogen peroxide market share, by grade, 2024 & 2030 (%, US$M)

Hydrogen peroxide market: Opportunity assessment by country

Global hydrogen peroxide market, by region, 2024 (US$M)

Global hydrogen peroxide market size, by regions, 2018-2030 (US$M)

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