Market Forecast By Grade (90% H2O2, 35% H2O2, 6 TO 10% H2O2, 3% H2O2), By End Use Industry (Pulp & Paper, Food & Beverage, Water Treatment, Textiles & Laundry, Oil & Gas, Healthcare, Electronics), By Application (Chemical Synthesis, Bleaching, Disinfectant, Cleaning and Etching, Others) And Competitive Landscape
Product Code: ETC4486836 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Australia Hydrogen Peroxide market currently, in 2023, has witnessed an HHI of 4124, Which has decreased substantially as compared to the HHI of 10000 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Australia Hydrogen Peroxide Market report thoroughly covers the market by grade, end use industry and application. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Australia Hydrogen Peroxide Market has accomplished major success and is projected to attain steady growth in the coming years fueled by consumer preferences for diverse industrial applications, regulatory compliance and technological innovation. The market is also going through certain challenges that can hamper its growth to a certain extent in the near future.
According to 6Wresearch, the Australia Hydrogen Peroxide Market size is expected to grow at a significant CAGR of 5.56% during the forecast period 2024-2030. The hydrogen peroxide market in Australia is influenced by various factors, including industrial growth, environmental regulations, technological advancements, and demand from end-use industries. In the healthcare sector, hydrogen peroxide is utilised as an antiseptic for wound cleaning and disinfection. Hydrogen peroxide (H2O2) is widely used in industrial processes, including bleaching, pulp and paper production, textile manufacturing, and chemical synthesis.Growing awareness of environmental sustainability and the shift towards eco-friendly alternatives drive the adoption of hydrogen peroxide in place of traditional chemical treatments. These factors will influence the Australia Hydrogen Peroxide Market Growth.
There are some challenges in that the market faces. Cost pressures, including raw material costs and availability and pricing can impact the profitability of Hydrogen peroxide manufacturers. Fluctuations in the prices of these raw materials, as well as market volatility and supply chain disruptions, can impact the production cost of hydrogen peroxide. Ensuring a stable and cost-effective supply of raw materials is essential for manufacturers to maintain competitiveness in the market.These challenges highlight the complexity and dynamic nature of the Hydrogen Peroxide landscape in Australia, necessitating proactive strategies to overcome them.
Leading players in the market are Solvay SA, Evonik Industries AG and Akzo Nobel N.V. These companies are constantly investing in research and development to enhance their Hydrogen Peroxide products and stay competitive. These companies are major players in the global hydrogen peroxide market as well, with strong presence and extensive distribution networks in Australia.
Government regulations play a crucial role in shaping the Hydrogen Peroxide market in Australia. The use and production of hydrogen peroxide are regulated by the National Industrial Chemicals Notification and Assessment Scheme (NICNAS). This government organisation is responsible for assessing and managing the risks of industrial chemicals to ensure their safe use in various industries. Under NICNAS regulations, companies that produce or import more than 100 kg of hydrogen peroxide per year must register with the organisation and provide information on their production volume, intended uses, and any potential risks associated with the chemical. This helps to ensure that companies are following proper safety measures and using hydrogen peroxide in a responsible manner.
The Australia Hydrogen Peroxide market has been experiencing steady growth over the past few years. With increasing focus on sustainability and decarbonization, there will be growing interest in green hydrogen production methods, which involve electrolysis of water using renewable energy sources. Green hydrogen can be utilised in the production of hydrogen peroxide, offering a more sustainable alternative to conventional production methods that rely on fossil fuels.
The demand for hydrogen peroxide will continue to be driven by various end-use industries, including pulp and paper, textiles, electronics, healthcare, and water treatment. Growth in these industries, coupled with increasing awareness of the benefits of hydrogen peroxide as a versatile oxidising agent, will support market expansion. The future of the Australia Hydrogen Peroxide Market seems promising since a number of factors have been supporting the market growth.
According to Dhaval, Research Manager, 6Wresearch, the 35% H2O2 segment currently holds the dominant share in the Australian Hydrogen Peroxide market. 35% H2O2 is commonly used in industries like pulp and paper, textile, and food processing, making it a popular segment in the market.
On the basis of application, the chemical synthesis segment currently holds the dominant share in the Australian hydrogen peroxide market. This can be attributed to the increasing use of hydrogen peroxide as an oxidising agent in various industries.
On the basis of the end-use industry, the pulp and paper segment holds the dominant share in the market. This is due to the use of hydrogen peroxide in bleaching and other processes.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Hydrogen Peroxide Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Hydrogen Peroxide Market Revenues & Volume, 2022 & 2028F |
3.3 Australia Hydrogen Peroxide Market - Industry Life Cycle |
3.4 Australia Hydrogen Peroxide Market - Porter's Five Forces |
3.5 Australia Hydrogen Peroxide Market Revenues & Volume Share, By Grade, 2022 & 2028F |
3.6 Australia Hydrogen Peroxide Market Revenues & Volume Share, By End Use Industry, 2022 & 2028F |
3.7 Australia Hydrogen Peroxide Market Revenues & Volume Share, By Application, 2022 & 2028F |
4 Australia Hydrogen Peroxide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Hydrogen Peroxide Market Trends |
6 Australia Hydrogen Peroxide Market, By Types |
6.1 Australia Hydrogen Peroxide Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Australia Hydrogen Peroxide Market Revenues & Volume, By Grade, 2020 - 2028F |
6.1.3 Australia Hydrogen Peroxide Market Revenues & Volume, By 90% H2O2, 2020 - 2028F |
6.1.4 Australia Hydrogen Peroxide Market Revenues & Volume, By 35% H2O2, 2020 - 2028F |
6.1.5 Australia Hydrogen Peroxide Market Revenues & Volume, By 6 TO 10% H2O2, 2020 - 2028F |
6.1.6 Australia Hydrogen Peroxide Market Revenues & Volume, By 3% H2O2, 2020 - 2028F |
6.2 Australia Hydrogen Peroxide Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Australia Hydrogen Peroxide Market Revenues & Volume, By Pulp & Paper, 2020 - 2028F |
6.2.3 Australia Hydrogen Peroxide Market Revenues & Volume, By Food & Beverage, 2020 - 2028F |
6.2.4 Australia Hydrogen Peroxide Market Revenues & Volume, By Water Treatment, 2020 - 2028F |
6.2.5 Australia Hydrogen Peroxide Market Revenues & Volume, By Textiles & Laundry, 2020 - 2028F |
6.2.6 Australia Hydrogen Peroxide Market Revenues & Volume, By Oil & Gas, 2020 - 2028F |
6.2.7 Australia Hydrogen Peroxide Market Revenues & Volume, By Healthcare, 2020 - 2028F |
6.3 Australia Hydrogen Peroxide Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Australia Hydrogen Peroxide Market Revenues & Volume, By Chemical Synthesis, 2020 - 2028F |
6.3.3 Australia Hydrogen Peroxide Market Revenues & Volume, By Bleaching, 2020 - 2028F |
6.3.4 Australia Hydrogen Peroxide Market Revenues & Volume, By Disinfectant, 2020 - 2028F |
6.3.5 Australia Hydrogen Peroxide Market Revenues & Volume, By Cleaning and Etching, 2020 - 2028F |
6.3.6 Australia Hydrogen Peroxide Market Revenues & Volume, By Others, 2020 - 2028F |
7 Australia Hydrogen Peroxide Market Import-Export Trade Statistics |
7.1 Australia Hydrogen Peroxide Market Export to Major Countries |
7.2 Australia Hydrogen Peroxide Market Imports from Major Countries |
8 Australia Hydrogen Peroxide Market Key Performance Indicators |
9 Australia Hydrogen Peroxide Market - Opportunity Assessment |
9.1 Australia Hydrogen Peroxide Market Opportunity Assessment, By Grade, 2022 & 2028F |
9.2 Australia Hydrogen Peroxide Market Opportunity Assessment, By End Use Industry, 2022 & 2028F |
9.3 Australia Hydrogen Peroxide Market Opportunity Assessment, By Application, 2022 & 2028F |
10 Australia Hydrogen Peroxide Market - Competitive Landscape |
10.1 Australia Hydrogen Peroxide Market Revenue Share, By Companies, 2022 |
10.2 Australia Hydrogen Peroxide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |