According to the latest study titled ‘North America Hydrogen Peroxide Market Size, By End-user Industry, By Country, Industry Analysis Report, Country Outlook, Application Potential, Competitive Market Share & Forecast, 2020 – 2026’, available with Market Study Report, North America hydrogen peroxide market is projected to grow substantially through 2026.
 

Flourishing pulp & paper sector and wastewater treatment vertical, along with amplification of chemical industry are propelling the growth of North America hydrogen peroxide market, as these sectors are direct product end-users.
 

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Notably, hydrogen peroxide is an environment-friendly compound which breaks down into oxygen and water on reaction. This factor, along with compound usage for production of peracetic acid, organic peroxide initiator, flame retardants, and propylene oxide (HPPO) will provide impetus to industry expansion. Also, inclination towards sustainable packaging will further boost the demand for hydrogen peroxide across North America.
 

Elaborating on end-user spectrum, North America hydrogen peroxide industry is classified into mining, wastewater treatment, chemical, and others. The report cites that pulp & paper segment is poised to generate significant revenues over 2020-2026. Hydrogen peroxide poses as excellent oxidizing agent with properties like lower molecular weight and solubility in water as well as organic solvents.
 

Meanwhile, North America hydrogen peroxide market share from chemical end-user is slated to display impressive growth through 2026, on account of rising per capita consumption of chemicals, and investments towards amplifying plant capacity.
 

Parallelly, wastewater treatment sector is also reckoned to hold significant market share by the year 2026, owing to strict government standards for effluent discharge into the environment, along with setup of new wastewater treatment units which is boosting the demand for hydrogen peroxide.
 

Lastly, while Canada and the United States are two major nations defining the regional landscape of the market, companies like Aditya Birla Chemicals Limited, Mitsubishi Gas Chemical Company Inc., Akzo Nobel N.V., Solvay S.A., Evonik Industries AG, and Arkema S.A. influence North America hydrogen peroxide industry competitive trends.