South & Central America Hydrogen Peroxide for Disinfection and Sterilization Market Report (2021-2031) by Scope, Segmentation, Dynamics, and Competitive Analysis
No. of Pages: 170 | Report Code: BMIRE00032160 | Category: Chemicals and Materials
No. of Pages: 170 | Report Code: BMIRE00032160 | Category: Chemicals and Materials
The South & Central America hydrogen peroxide for disinfection and sterilization market size is expected to reach US$ 80.89 million by 2031 from US$ 60.82 million in 2023. The market is estimated to record a CAGR of 3.6% from 2023 to 2031.
South & Central America has experienced significant growth in industries such as water treatment, food & beverages, healthcare, and personal care. The healthcare industry has a growing emphasis on improving hospital infrastructure and reducing HAIs. Countries such as Brazil, Argentina, Chile, and Colombia are investing in their healthcare systems, which has led to increased use of hydrogen peroxide for sterilizing medical equipment, hospital environments, and other critical areas. Its effectiveness against a broad range of pathogens, including bacteria, viruses, and fungi, makes it a preferred choice in these settings. Moreover, the water treatment industry in South & Central America is also contributing to the rising demand for hydrogen peroxide for disinfection and sterilization. Many parts of the region face challenges associated with water quality and access to clean water. According to the World Bank, in South & Central America, approximately 40–60% of drinking water comes from aquifers that are facing ever-growing pollution from excessive mining and agriculture. As per the National Sanitation Information System (SNIS), in 2021, ~35 million Brazilians (17% of the population) did not have access to treated water, and 97 million (47% of the population) were not provided access to sewage collection services. These issues are particularly severe in rural and underserved urban areas, where residents often rely on untreated or poorly treated water sources. This situation has heightened the need for effective water treatment solutions, with hydrogen peroxide emerging as a key player due to its powerful disinfectant properties.
South & Central America Hydrogen Peroxide for Disinfection and Sterilization Market Strategic Insights
Get more information on this report South & Central America Hydrogen Peroxide for Disinfection and Sterilization Market Segmentation Analysis
Key segments that contributed to the derivation of the Hydrogen peroxide for disinfection and sterilization market analysis is application.
Hydrogen peroxide is used as a disinfectant for cardboard, polyethylene, and polyethylene terephthalate packaging in direct contact with food and beverages. It is an environment-friendly disinfection product suited for application in the food industry. Filling the beverages in the beverage cartons disinfected with hydrogen peroxide offers extended shelf life to the unrefrigerated product without the need for additional preservatives. For carton packaging, the disinfection of the aseptic packaging is achieved using hydrogen peroxide with two application systems: immersion bath technology and spraying technology. In the food industry, hydrogen peroxide is used in clean-in-place and food contact surface cleaning. For instance, Brazil continued to be the world's largest exporter of processed foods in 2023, delivering 72.1 million tons, an increase of 11.4% over the previous year. Thus, the rising demand for hydrogen peroxide in food packaging applications fuels the hydrogen peroxide for disinfection and sterilization market growth.
Based on country, the South & Central America Hydrogen peroxide for disinfection and sterilization market comprises Brazil, Argentina, and the Rest of South & Central America. Brazil held the largest share in 2024.
In Brazil, the healthcare sector is a major consumer of hydrogen peroxide. With ongoing efforts to improve healthcare infrastructure and services, hospitals and clinics are increasingly adopting advanced disinfection and sterilization methods. The healthcare industry in Brazil has observed significant growth, owing to increasing demand from consumers and the presence of many international and domestic pharmaceutical manufacturers. Chemicals such as hydrogen peroxide are used for disinfecting equipment, surfaces, and production environments to prevent contamination and ensure the quality of pharmaceutical products. Its use in the cleaning and sterilization of manufacturing equipment, laboratory surfaces, and packaging materials helps meet stringent industry standards and regulations. Domestic and export opportunities also drive the country's production capacity to regional and global markets. According to the International Trade Administration, Brazil ranks among the top six markets worldwide for drugs and pharmaceuticals. The pharmaceutical market in Brazil has observed significant growth, owing to increasing demand from consumers and the presence of many international and domestic pharmaceutical manufacturers. As Brazil continues to grow as a key player in the pharmaceutical industry, the demand for hydrogen peroxide is expected to increase to support the production of high-quality and safe pharmaceutical products. According to the International Trade Administration, Brazil ranks among the top six markets worldwide for drugs & pharmaceuticals.
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ 60.82 Million |
| Market Size by 2031 | US$ 80.89 Million |
| CAGR (2023 - 2031) | 3.6% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Application
|
| Regions and Countries Covered | South and Central America
|
| Market leaders and key company profiles |
|
Some of the key players operating in the market include Evonik Industries AG; Solvay SA; Arkema SA; Mitsubishi Gas Chemical Co Inc; Kemira Oyj; Nouryon Chemicals Holding BV; Stepan Co; Aditya Birla Chemicals India Ltd; Merck KGaA; Ecolab Inc; Taekwang Industrial Co Ltd; National Peroxide Limited.; ROAM TECHNOLOGY NV; HANSOLCHEMICAL; OCI Ltd; and United Initiators GmbH among others. These players are adopting various strategies such as expansion, product innovation, and mergers and acquisitions to provide innovative products to their consumers and increase their market share.
The following methodology has been followed for the collection and analysis of data presented in this report:
The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data for each market. Commonly referenced secondary research sources include, but are not limited to:
Note: All financial data included in the Company Profiles section has been standardized to USD. For companies reporting in other currencies, figures have been converted to USD using the relevant exchange rates for the corresponding year.
The Insight Partners conducts a significant number of primary interviews each year with industry stakeholders and experts to validate its data analysis and gain valuable insights. These research interviews are designed to:
Primary research is conducted via email interactions and telephone interviews, encompassing various markets, categories, segments, and sub-segments across different regions. Participants typically include:
The South & Central America Hydrogen Peroxide for Disinfection and Sterilization Market is valued at US$ 60.82 Million in 2023, it is projected to reach US$ 80.89 Million by 2031.
As per our report South & Central America Hydrogen Peroxide for Disinfection and Sterilization Market, the market size is valued at US$ 60.82 Million in 2023, projecting it to reach US$ 80.89 Million by 2031. This translates to a CAGR of approximately 3.6% during the forecast period.
The South & Central America Hydrogen Peroxide for Disinfection and Sterilization Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South & Central America Hydrogen Peroxide for Disinfection and Sterilization Market report:
The South & Central America Hydrogen Peroxide for Disinfection and Sterilization Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The South & Central America Hydrogen Peroxide for Disinfection and Sterilization Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the South & Central America Hydrogen Peroxide for Disinfection and Sterilization Market value chain can benefit from the information contained in a comprehensive market report.
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