India Hydrogen Peroxide Market to Reach US$ 229.9 Million by 2027

India Hydrogen Peroxide Market

DELHI, INDIA, October 19, 2022 /EINPresswire.com/ — According to IMARC Group’s newest analysis report, titled “India Hydrogen Peroxide Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” The India hydrogen peroxide market measurement reached US$ 159.1 Million in 2021. Looking ahead, IMARC Group expects the market to attain US$ 229.9 Million by 2027, exhibiting a development fee (CAGR) of 6.08% throughout 2022-2027.

Hydrogen peroxide is an oxidizing agent composed of hydrogen and oxygen and is broadly used throughout totally different industrial verticals. It possesses varied properties, corresponding to antiseptic and environment friendly bleaching properties, which makes it extremely appropriate in healthcare and paper and pulp industries. It might be present in organic techniques such because the human physique. Hydrogen peroxide can be utilized in varied private hygiene and medical purposes. It is extensively used as an antibiotic for minor cuts and scrapes on the pores and skin and a mouth cleanse liquid to remove mucus and different oral annoyances.

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Industry Growth Drivers:

The market in India is primarily pushed by rising utilization of the product as an oxidizing agent within the chemical business. In line with this, the rising adoption of hydrogen peroxide in producing propylene oxide is positively influencing the market. Furthermore, the rising adoption of the product in treating municipal and industrial wastewater is catalyzing the market. Apart from this, escalating demand for the product from the healthcare business due to its antiseptic properties is propelling the market. Moreover, the product finds varied utilities within the meals processing sector, together with the preliminary remedy of instantaneous meals with hydrogen peroxide to improve the whiteness and readability of the meals merchandise. Additionally, the product is broadly used as a bleaching substance for gums, pure oil, starch, and pure sugar, offering a lift to the market.

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Key Market Segmentation:

Breakup by Application:

• Chemical Synthesis
• Bleaching
• Disinfectant
• Cleaning and Etching
• Others

Breakup by End Use:

• Pulp and Paper
• Food and Beverages
• Water Treatment
• Textiles and Laundry
• Oil and Gas
• Healthcare
• Electronics
• Others

Breakup by Region:

• North India
• West and Central India
• South India
• East India

Competitive Landscape:

The aggressive panorama of the business has additionally been examined together with the profiles of the important thing gamers.

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IMARC Services Private Limited
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