9 months ago Business and Career
The Global Hydrogen Peroxide Market size was valued at USD 3.37 Billion in 2023. The total Hydrogen Peroxide Market revenue is expected to grow at a CAGR of 5.2% from 2024 to 2030, reaching nearly USD 4.81 Billion.
Global Hydrogen Peroxide Market Overview
Hydrogen peroxide (H2O2) is a colorless, slightly viscous liquid that is a chemical compound composed of two hydrogen atoms and two oxygen atoms. Hydrogen peroxide (H2O2) is a widely used chemical compound, primarily as a bleaching agent and oxidizing agent. Its production involves the anthraquinone auto-oxidation process, which uses hydrogen, air, and a palladium catalyst in an exothermic reaction that generates H2O2 while regenerating the anthraquinone.