Canada Hydrogen Peroxide Market Size & Outlook, 2024-2030
Canada hydrogen peroxide market, 2018-2030 (US$M)
Related Markets
Canada hydrogen peroxide market highlights
- The Canada hydrogen peroxide market generated a revenue of USD 38.7 million in 2024 and is expected to reach USD 48.9 million by 2030.
- The Canada market is expected to grow at a CAGR of 4% from 2025 to 2030.
- In terms of segment, <30% was the largest revenue generating grade in 2024.
- <30% is the most lucrative grade segment registering the fastest growth during the forecast period.
Hydrogen peroxide market data book summary
| Market revenue in 2024 | USD 38.7 million |
| Market revenue in 2030 | USD 48.9 million |
| Growth rate | 4% (CAGR from 2024 to 2030) |
| Largest segment | <30% |
| Fastest growing segment | <30% |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | <30%, 30%-50%, 50%-80%, >80% |
| Key market players worldwide | Evonik Industries AG, Taekwang, Arkema SA, Grupa Azoty, Solvay SA, Akzo Nobel NV, gujarat alkalies and chemical ltd, National Peroxide Ltd., OCI Chemical, Airedale Chemical |
Other key industry trends
- In terms of revenue, Canada accounted for 2.6% of the global hydrogen peroxide market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. hydrogen peroxide market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 34.2 million by 2030.
<30% was the largest segment with a revenue share of 67.44% in 2024. Horizon Databook has segmented the Canada hydrogen peroxide market based on <30%, 30%-50%, 50%-80%, >80% covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for hydrogen peroxide in the Canadian pulp and paper industry is expected to get affected owing to a decline in overall weak global demand and because of wood fiber supply chain challenges. According to the article published by Annex Business Media in January 2021.
The pulp and paper manufacturing saw a decline of 7.9% from 2018 and it is expected to decline further also. Moreover, wood pulp production has decreased by 4.9% from 2018–2019. The overall consumption of pulp and paper is expected to remain low over the forecast period. Therefore, the demand for hydrogen peroxide is expected to remain in the paper and pulp industry.
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Hydrogen Peroxide Market Scope
Hydrogen Peroxide Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada hydrogen peroxide market size, by grade, 2018-2030 (US$M)
Canada Hydrogen Peroxide Market Outlook Share, 2024 & 2030 (US$M)
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