Hydrogen peroxide, commonly known as peroxide compound, is an aqueous solution containing antibacterial, antiviral, and disinfectant qualities. Its reduction property plays a vital role in its number of associated applications. The compound acts as an oxidizing agent in a few chemical reactions, which results in the formation of crystalline solids. Hydrogen peroxide’s boiling and melting point is measured at around 150.2 ° C and –0.43° C, respectively.
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Thailand, Bangladesh, and Germany are the key importing countries for Hydrogen Peroxide. On the other hand, the primary exporting countries include the United States, Germany, and Thailand.
Key Details About the Hydrogen Peroxide Price Trends:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Hydrogen Peroxide price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Hydrogen Peroxide Price Trends, including India Hydrogen Peroxide price, USA Hydrogen Peroxide prices, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Hydrogen Peroxide Price Trends:
Hydrogen peroxide is commercially used as a disinfectant and bleaching agent in various sectors. The compound gives no toxic waste and is highly versatile by nature. It is one of the most efficient oxidizing agents, as it easily releases oxygen to react with the different substrates. It can be easily calculated during an industrial yield due to its low molecular weight.
It is highly dissolvable in water and other solvents, even in itself, for that matter. Commercially, it is used to manufacture nitric and sulphuric acid using Ostwald’s and Contact process, respectively.
Moreover, hydrogen peroxide is used as an antiseptic or antimicrobial agent in pharmaceutical industries, as its oxidizing ability oxidizes its microbial cell wall and prevents the growth of these antibodies. It is commonly known for its bleaching, whitening, and cleaning properties and is incorporated in several detergents and household chemicals.
Key Players in the Hydrogen Peroxide Market:
The hydrogen peroxide market boasts several key players driving its growth and innovation. Among these, Solvay SA stands out as a major producer, renowned for its high-quality hydrogen peroxide used extensively in various industries, including pulp and paper, textiles, and electronics. Another significant player is Evonik Industries AG, a global leader in specialty chemicals, offering a broad range of hydrogen peroxide solutions for diverse applications.
Arkema S.A. is also a notable contributor, known for its sustainable hydrogen peroxide production methods and a focus on eco-friendly solutions. Mitsubishi Gas Chemical Company, Inc. is prominent in the Asian market, supplying hydrogen peroxide for industrial and electronics purposes. Other significant players include PeroxyChem LLC, Kemira Oyj, and Aditya Birla Chemicals, each contributing uniquely to the market with specialized products and applications.
These key players continually invest in research and development to enhance product efficiency, sustainability, and safety measures, driving the hydrogen peroxide market’s expansion globally. The industry’s competitive landscape fosters innovation, pushing for advancements in production techniques and diverse applications across various sectors.
News & Recent Development
- Date: May 2, 2023– Solvay signs an agreement with a Chinese chemical company, namely Guangxi Chlor-Alkali Chemical (GHCAC), to build a Hydrogen Peroxide plant in its autonomous region.
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