Hydrogen Peroxide Market Size is Grow USD 4.30 Billion at a CAGR of 5.1% by 2028 | Reports and Data

 The increasing use of hydrogen peroxide as raw material for propylene oxide production, the increasing demand for hydrogen peroxide in the semiconductor sector, and the growing demand for wastewater treatment are boosting the Hydrogen Peroxide market. 

The Global Hydrogen Peroxide Market is forecast to reach USD 6.41 Billion by 2028, according to a new report by Reports and Data. One of the primary factors supporting the growth of the market is the expansion of the e-commerce, food & beverage and pharmaceutical sectors that is resulting in boosting the demand for pulp & paper for packaging. The rising awareness about the impact of undertreated disposed waster on the environment has resulted in the elevated deployment of the compound in water purification. The continuous effort of governments of various nations in this region, like India, on enhancing public hygiene by developing different programs like Swachh Bharat Abhiyan also supports the expansion of the market in this region. The formulation of pragmas like Namami Gange Programme, wherein the emphasis is on rejuvenating National River Ganga, also paves new arenas of application for the compound in this region, which would further contribute to the market growth in this region.     

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