Market revenue in 2024 | USD 19.3 million |
Market revenue in 2030 | USD 26.0 million |
Growth rate | 5.1% (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 |
<30% was the largest segment with a revenue share of 66.84% in 2024. Horizon Databook has segmented the Netherlands hydrogen peroxide market based on <30%, 30%-50%, 50%-80%, >80% covering the revenue growth of each sub-segment from 2018 to 2030.
The Netherlands is one of the highly affected countries by coronavirus in Europe. The demand for hydrogen peroxide in the country significantly increased during the second and third quarters of 2020 for sanitization and disinfection applications. The market in the Netherlands is likely to be driven by high demand for public sanitization and personal hygiene to contain the spread of coronavirus.
To meet the increasing demand for disinfectants in the country, many companies like DSM have started producing disinfectants. The company has started the production of disinfectants at its manufacturing facility located in Waalwijk, the Netherlands. The growing demand for disinfectants is likely to boost the demand for hydrogen peroxide across the country.
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