Hydrogen Peroxide Market : Investments & Expansions Is the Key Strategy Adopted by the Major Players
Hydrogen peroxide market size is projected to reach USD 4.0 billion by 2027 from USD 3.2 billion in 2022 growing at a CAGR of 5.0%. Hydrogen peroxide has replaced chorine-based bleaches, potassium dichromate, and potassium permanganate in many applications. It is used by many industries, such as pulp & paper, textile, chemical synthesis, healthcare & personal care, electronics & semiconductor, food processing, water and wastewater treatment, mining and metallurgy, leather processing, and recycling, as it is economical and environment-friendly.
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