U.S. Hydrogen Peroxide Market Size & Outlook, 2024-2030
U.S. hydrogen peroxide market, 2018-2030 (US$M)
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U.S. hydrogen peroxide market highlights
- The U.S. hydrogen peroxide market generated a revenue of USD 493.0 million in 2024 and is expected to reach USD 695.6 million by 2030.
- The U.S. market is expected to grow at a CAGR of 5.9% from 2025 to 2030.
- In terms of segment, 30%-50% 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 493.0 million |
| Market revenue in 2030 | USD 695.6 million |
| Growth rate | 5.9% (CAGR from 2024 to 2030) |
| Largest segment | 30%-50% |
| 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, U.S. accounted for 33.4% 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%-50% was the largest segment with a revenue share of 37.69% in 2024. Horizon Databook has segmented the U.S. 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 U.S. is mainly driven by textile, food processing, and disinfectant-based applications. According to Commerce Department’s Office of Textiles & Apparel (OTEXA), the U.S. imports of textiles have considerably declined in 2020. This decline shows that there was a decrease in the production of finished textile goods in the U.S. over the last few months.
A decline of 32% and in terms of value, USD 6 billion in imports in July 2020 as compared to the same quarter last year indicates a steep fall in the country’s imports. This major decline is due to the spread of COVID-19 virus coupled with low purchasing power due to decrease in income levels. However, a Vshaped recovery is expected once the COVID-19 subsides and the demand for hydrogen peroxide in textile industry increases as the market condition improves gradually.
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Hydrogen Peroxide Market Scope
Hydrogen Peroxide Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. hydrogen peroxide market size, by grade, 2018-2030 (US$M)
U.S. Hydrogen Peroxide Market Outlook Share, 2024 & 2030 (US$M)
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