United States Hydrogen Peroxide Market 2020-2025: Size, Share, Trends and Forecast Report
According to the latest report by IMARC Group, titled "United States Hydrogen Peroxide Market Share : Industry Trends, Size, Growth, Opportunity and Forecast 2020-2025," The United States hydrogen peroxide market is currently witnessing moderate growth and expected to continue its growth during forecast period.
Hydrogen peroxide refers to a pale blue, clear liquid chemical compound of hydrogen and oxygen. It is widely used as oxidizers, bleaching agents, and antiseptics. Based on its unstable nature, hydrogen peroxide is stored in a weak acid solution with stabilizers. It is widely utilized as an antiseptic to heal the infection caused by burns or minor cuts. Hydrogen peroxide is also used as a bleaching agent in the paper and pulp industry based on its strong oxidizing properties. Apart from this, it also finds numerous applications across the textile, electronics, food and beverages, and personal care sectors.
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United States Hydrogen Peroxide Market Trends:
The expanding paper and pulp sector in the U.S., along with the rising demand for hydrogen peroxide as a bleaching agent and for manufacturing chemical, mechanical and recyclable pulps, is primarily driving the market. Furthermore, the increasing use of hydrogen peroxide in wastewater treatment and pollution control applications is also propelling the market growth in the country. Several U.S. government bodies are promoting the utilization of hydrogen peroxide for sterilization and sanitization purposes based on its eco-friendly and emission-free benefits. Additionally, growing demand for propylene oxide, which is a primary component of hydrogen peroxide, across the automotive, food and beverage, and construction industries, is further expected to drive the U.S. market for hydrogen peroxide.
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United States Hydrogen Peroxide Market 2020-2025 Analysis and Segmentation:
The report has segmented the market on the basis on region, application and end use.
Breakup by Application:
- Chemical Synthesis
- Cleaning and Etching
Breakup by End Use:
- Pulp and Paper
- Food and Beverages
- Water Treatment
- Textiles and Laundry
- Oil and Gas
Breakup by Region:
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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