Mexico Hydrogen Peroxide Market Size & Outlook, 2024-2030
Mexico hydrogen peroxide market, 2018-2030 (US$M)
Related Markets
Mexico hydrogen peroxide market highlights
- The Mexico hydrogen peroxide market generated a revenue of USD 22.1 million in 2024 and is expected to reach USD 34.2 million by 2030.
- The Mexico market is expected to grow at a CAGR of 7.5% 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 22.1 million |
| Market revenue in 2030 | USD 34.2 million |
| Growth rate | 7.5% (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, Mexico accounted for 1.5% 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 68.33% in 2024. Horizon Databook has segmented the Mexico hydrogen peroxide market based on <30%, 30%-50%, 50%-80%, >80% covering the revenue growth of each sub-segment from 2018 to 2030.
Trends in Mexico hydrogen peroxide market are driven by trends in the food processing and disinfectant market. A recent survey conducted in Mexico, in March 2020 revealed that since the COVID-19 outbreak, there was a 27% increase in the sales of surface cleaners and disinfectant products and a 21% increase in the sales of antibacterial disinfectants.
These numbers highlight an increase in the demand for personal hygiene products and consequently the demand for hydrogen peroxide. Thus, the hydrogen peroxide market is expected to witness high growth 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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Mexico hydrogen peroxide market size, by grade, 2018-2030 (US$M)
Mexico Hydrogen Peroxide Market Outlook Share, 2024 & 2030 (US$M)
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