According to the research report titled ‘Europe Hydrogen Peroxide Market Size By End-user, Research Report, Country Outlook, Price Trends, Growth Prospects, COVID-19 Impact Statistics, Competitive Industry Share & Forecasts, 2021 - 2027‘, available with Market Study Report, Europe hydrogen peroxide market is expected to accumulate a valuation of USD 1.5 billion by the end of the analysis timeframe.
 

As per the findings of the report, rising importance of disinfecting personal protective equipment, N95 masks, and other protective gears, and escalating demand bleaching and cleaning agents across various verticals like medical & pharmaceutical, textile, and food processing are promoting Europe hydrogen peroxide market growth.
 

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Notably, hydrogen peroxide is a highly versatile compound with exceptional oxidizing/reducing strength that finds various applications across several industries. For instance, concentrated vapor phase hydrogen peroxide is used for disinfecting specialized medical equipment. As a bleaching agent, it is utilized for bleaching chemical pulp, mechanical pulp, kraft pulp, and paper recycling.
 

Elaborating on the impact of the Covid-19 pandemic, challenges regarding efficient disposal of biomedical wastewater have risen considerably as positive cases continue to surge. This in turn has prompted authorities to develop appropriate sewage management and wastewater treatment techniques, indicating an increased demand for hydrogen peroxide.
 

In terms of the end-user terrain, the Europe Hydrogen peroxide marketspace is classified into chemical, paper & pulp, mining, wastewater treatment and others. Among them, the wastewater treatment segment garnered USD 90 million in 2020 and is slated to grow considerably in the upcoming years.
 

Increasing consumption of hydrogen peroxide in wastewater treatment sector is driven by demand for decomposing hazardous elements in wastewater to make it safe for discharge in waterbodies. Moreover, enforcement of a new drinking water directive by the EU is completing the segmental expansion.
 

Meanwhile, paper & pulp segment is slated to record strong gains in the upcoming years. Ban on plastic use and rising inclination towards use of recycled paper are augmenting the demand for hydrogen peroxide for bleaching application.
 

The competitive landscape of Europe hydrogen peroxide industry sphere is defined by PJSC Khimprom Novocheboksarsk, FMC Corporation, Belinka Perkemija, d.o.o., Airedale Chemical Company Limited, Airedale Chemical Company Limited, Akzo Nobel N.V., Nuberg EPC, Kemira Oyj, Nouryon, Solvay S.A., and Arkema S.A.