Hydrogen peroxide’s potent bleaching qualities enable it to be used primarily for bleaching paper in addition to being an oxidant and disinfectant. The pulp and paper industries typically use hydrogen peroxide in their bleaching processes. This improves the pulp’s brightness and stability, making it suitable for usage in a range of goods like tissue, paper towels, magazines, and display boards. Hydrogen peroxide is used in the cotton textile industry to more rapidly eliminate contaminants and extract premium cotton for use in textiles. Hydrogen peroxide is also used in hospitals and other healthcare institutions for equipment and surface cleaning.
According to SPER Market Research, ‘Europe Hydrogen Peroxide Market Size- By Product Function, By End User Industry- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the Europe Hydrogen Peroxide Market is estimated to reach USD 1122.06 million by 2033 with a CAGR of 4.5%.
The European hydrogen peroxide industry is growing as a result of strict environmental restrictions that forbid bleaches containing chlorine. The European market has a significant demand for hydrogen peroxide because of its low emissions and environmental friendliness. This low-cost chemical is used to recycle paper and clean water. It can be applied in a variety of commercial, industrial, and residential settings. For example, it’s used as a disinfectant in cleaning supplies and water purification systems, as an antiseptic in hospitals, and to bleach paper and textiles. It is used for bleaching and recycling in the pulp and paper industries. Hydrogen peroxide is utilized as an antiseptic and disinfectant in the medical field. In order to stop infections, wounds, cuts, and burns are frequently cleaned with it. It is employed in the processes of purifying water to remove impurities, odors, and contaminants.
It is believed that hydrogen peroxide causes cancer and may be harmful to human health. If it gets in your eyes, it can cause serious burns, blisters, and discoloration of the skin. If it seeps under the skin, it can potentially result in permanent visual loss. It must be handled with caution. These risks have led to the implementation of strict regulations. Regarding the use of highly concentrated hydrogen peroxide for therapeutic purposes, the authorities released a warning. The strong oxidizing properties of hydrogen peroxide can be harmful to the skin, eyes, and respiratory system. It could also bleach hair and aggravate skin. Because it reacts with certain substances, care must be taken when handling and storing it to prevent health issues.
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The COVID-19 pandemic has negatively impacted the need for hydrogen peroxide in a number of industries, including paper, chemical synthesis, food processing, textiles, wastewater treatment, and electronics semiconductors. As a result of the pandemic forcing several businesses to temporarily cease operations, the amount of hydrogen peroxide utilized in bleaching and oxidizing procedures decreased. With the whole continent in lockdown, the supply chain and industrial process were thrown off. Consequently, Europe’s market for hydrogen peroxide increased more slowly.
Germany followed by France holds the highest share in the Europe Hydrogen Peroxide Market. Due to their high consumption and production of Hydrogen Peroxide. Akzo Nobel N.V., Arkema, BASF SE, Chang Chun Group, Evonik Industries AG, FMC Corporation, Kemira, Nouryon, Nuberg, Solvay, Others.
Europe Hydrogen Peroxide Market Segmentation
By Product Function: Based on the Product Function, Europe Hydrogen Peroxide Market is segmented as; Antiseptic, Bleaching, Dishwasher, Disinfectant, Oxidant, Vegetable Wash, and Other Product Functions.
By End User Industry: Based on the End User Industry, Europe Hydrogen Peroxide Market is segmented as; Chemical Synthesis, Cosmetics and Healthcare, Electronics, Food and Beverage, Mining, Packaging, Pulp and Paper, Textiles, Wastewater Treatment, Other End-user Industries.
By Region: This research also includes data for France, Germany, Italy, United Kingdom and rest of Europe.
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