Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Electronic Grade Hydrogen Peroxide Market size was valued at USD 1.15 billion in 2024 and is likely to cross USD 2.87 billion by 2037, expanding at more than 7.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of electronic grade hydrogen peroxide is estimated at USD 1.29 billion.
In a range of processes including cleansing, etching, and so on, wet chemicals have great potential. As regards all wet chemicals, hydrogen peroxide has been shown to be the most promising cleaning agent.
In order to offer a crystallized silicon water surface, there has been an increased number of process steps in the Chemical mechanical planarization process due to the greater need for effective and large-speed processing with smaller size. As a result of its superior disinfectant properties, hydrogen peroxide has been chosen by semiconductor producers as one of their disinfection agents. This factor is bolstering the market growth of electronic-grade hydrogen peroxide.
Electronic Grade Hydrogen Peroxide Sector: Growth Drivers and Challenges
Growth Drivers
- Economies of Gauge in Electric Creation – Manufacturers are looking for new opportunities to increase their market share and presence in a highly competitive electronics industry by offering advanced products at reduced costs through shorter deadlines, with superior product quality and greater performance. In addition, the market is driven by a growing demand for electronic components to be removed from printed circuit boards at affordable prices.
- Increasing Demand for Etch ICs- Growing silicone water surface area and fab capacity have boosted the demand for IC (integrated circuit) process chemicals, and new emerging technologies are projected to maintain this trend. The market has grown due to the number of steps taken in manufacturing, as well as a demand for etch and chemical disinfectants.
- Increased Use of Electronic Grade Hydrogen Peroxide in the Paper and Pulp Industry - In order to produce mechanical, chemical, or recyclable fibers as bleaching agents, the paper and pulp industry uses a large amount of hydrogen peroxide. It is employed in the whitener pulp industry in these industries. The most widely used type of paper in the world, containerboard, is expected to see a 27% increase in demand by 2032.
Challenges
- Harmful Effects of Hydrogen Peroxide – If they contain more than 3% hydrogen peroxide, the main drawback of using hydrogen peroxide products is that they can be very dangerous to handle. Because of its powerful oxidative characteristics, this chemical might be detrimental to the skin, eyes, and breathing system. Hair whitening and eye irritation may occur as a result of prolonged exposure.
- High Cost Associated with Raw Materials
- Corrosive in Nature
Electronic Grade Hydrogen Peroxide Market: Key Insights
| Report Attribute | Details |
|---|---|
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
7.3% |
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Base Year Market Size (2024) |
USD 1.15 billion |
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Forecast Year Market Size (2037) |
USD 2.87 billion |
|
Regional Scope |
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Electronic Grade Hydrogen Peroxide Segmentation
Application (Printed Circuit Board Etching, Semiconductor Water Cleaning, Flat Panel Display Manufacturing, Paper and Pulp, Healthcare)
The semiconductor water cleaning segment is estimated to hold 29% share of the global electronic grade hydrogen peroxide market by 2037. In the treatment of water that contains iron, manganese, and dead egg sulphuric acid hydrogen peroxide is used as an oxidizing agent. It's more potent than potassium permanganate, as well as aeration and chlorine. In water, hydrogen peroxide is dissolved and produces dissolved oxygen, which creates an oxidizing effect. It is also applied to improve biodegradability, with regard to odour control, corrosion management, inorganic oxidation, ionising or metal oxidation, and biodegradability.
Primary Function (Etchant, Oxidizing, Bleaching, Cleaning Agent)
Electronic grade hydrogen peroxide market from the bleaching segment to hold a share of 36.6% by 2037 and is expected to expand largely during the forecast period. The product is used in a wide variety of industries, such as medicine and textiles. In addition, it is very readily available in the field of dentistry as a bleaching agent. It is used to bleach hair; it's been used as a mouthwash for the preservation of mouth hygiene. In the textile industry, where it is applied to cleaning up clothes and eliminating stains, a higher proportion are employed.
Our in-depth analysis of the global market includes the following segments:
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Primary Function |
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Concentration |
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Application |
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Vishnu Nair
Head - Global Business DevelopmentCustomize this report to your requirements — connect with our consultant for personalized insights and options.
Electronic Grade Hydrogen Peroxide Industry - Regional Synopsis
APAC Market Forecast
Asia Pacific industry is anticipated to dominate majority revenue share of 52% by 2037, In 2021 the region, consisting of fast-growing economies such as India, China, South Korea, and Indonesia, accounted for a 46.1 % global market share in industrial hydrogen. Rapid industrialization and rising demand from the end-use sectors have contributed to this growth. The focus of most key players in this sector is on Asia Pacific Developing Countries, and they are increasingly expanding their footprints with production facilities, distribution centres, and research & development centres. The market is growing in Asia Pacific due to high economic growth rates.
European Market Statistics
Europe is expected to be the second largest region for the electronic grade hydrogen peroxide market. the region to hold a share of 20.3% by 2036. The increasing use of personal care and cosmetics products is rapidly growing the growth of the market. Hydrogen peroxide is used in cosmetics owing to its oxidizing properties. The developing cosmetic industries in the region have led to an increase in the demand for personal care and cosmetic products. The textile industry is also propelling market growth due to the usage of bleach.
Companies Dominating the Electronic Grade Hydrogen Peroxide Landscape
- Nouryon
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Diversey Inc
- Solvay SA
- Arkema Group
- Hydrite Chemical Co.
- Kurita Water Industries Ltd.
- UBE Corporation
- Mitsubishi Gas Company
- Taiyo Nippon Sanso Corporation
- SANTOKU CHEMICAL INDUSTRIES Co., Ltd.
Recent Developments
- In order to enhance its biotechnological capabilities, thanks to natural ingredients, Solvay S.A. has made an investment in the Cipan manufacturing facility of Suanfarma which is located in Lisbon.
- In order to better serve the crosslinking market in many European nations, Arkema, a pioneer in specialty materials, has announced that it would restructure the distribution of its Luperox and Retic organic peroxides.
Author Credits: Rajrani Baghel
- Report ID: 3792
- Published Date: Dec 20, 2024
- Report Format: PDF, PPT
