China Hydrogen Peroxide Market Size & Outlook, 2024-2030
China hydrogen peroxide market, 2018-2030 (US$M)
Related Markets
China hydrogen peroxide market highlights
- The China hydrogen peroxide market generated a revenue of USD 313.0 million in 2024 and is expected to reach USD 477.0 million by 2030.
- The China market is expected to grow at a CAGR of 7.3% from 2025 to 2030.
- In terms of segment, <30% was the largest revenue generating grade in 2024.
- 30%-50% 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 313.0 million |
| Market revenue in 2030 | USD 477.0 million |
| Growth rate | 7.3% (CAGR from 2024 to 2030) |
| Largest segment | <30% |
| Fastest growing segment | 30%-50% |
| 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, China accounted for 21.2% 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 Asia Pacific, China hydrogen peroxide market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 159.0 million by 2030.
<30% was the largest segment with a revenue share of 35.97% in 2024. Horizon Databook has segmented the China 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 country is projected to rise on account of the increasing demand for sanitization & disinfection products and chemical manufacturing. The rapidly growing chemical manufacturing industry in China is further projected to augment the demand for hydrogen peroxide in the formulation of other chemicals.
According to the CRISIL report, China’s share in the global chemical industry increased from 24% in 2010 to 37% in 2018. The growth is attributed to the rapidly increasing demand for chemicals in various end-use industries such as personal care, construction, and electronics; favorable government policies such as the ease of environmental norms and government subsidies; and availability of cheap labor in the country.
Moreover, the COVID-19 pandemic had a severe impact on China’s sanitization aspects, and cleaning & disinfection activities grew significantly in the country since the first quarter of 2020. Thus, increasing sanitation activities in the country are anticipated to boost the demand for hydrogen peroxide in the production of cleaning and disinfection products over the forecast period.
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Hydrogen Peroxide Market Scope
Hydrogen Peroxide Market Companies
| Name | Profile | # Employees | HQ | Website |
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China hydrogen peroxide market size, by grade, 2018-2030 (US$M)
China Hydrogen Peroxide Market Outlook Share, 2024 & 2030 (US$M)
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