North America Hydrogen Peroxide for Disinfection and Sterilization Market
No. of Pages: 168 | Report Code: BMIRE00032156 | Category: Chemicals and Materials
No. of Pages: 168 | Report Code: BMIRE00032156 | Category: Chemicals and Materials
The North America hydrogen peroxide for disinfection and sterilization market size is expected to reach US$ 289.37 million by 2031 from US$ 193.64 million in 2023. The market is estimated to record a CAGR of 5.1% from 2023 to 2031.
The major factors driving the hydrogen peroxide for disinfection and sterilization market in North America are the strong growth of the healthcare industry, increasing water treatment activities, and rising demand for industrial and household cleaning and disinfecting products. According to the news released by The White House in 2024, the Environmental Protection Agency (EPA) has announced over US$ 3.2 billion through the Drinking Water State Revolving Fund to expand access to clean drinking water across the US, bringing the total amount of funding announced under this category to US$ 8.9 billion. The Bipartisan Infrastructure Law invested ~US$ 31 billion in funding for a wide range of drinking water projects, including upgrades to water treatment plants, water distribution and piping systems, PFAS treatment, and lead pipe replacement. Thus, the growing emphasis on water treatment activities fuels the demand for hydrogen peroxide. Hydrogen peroxide is used to disinfect drinking water owing to its high oxidative and biocidal efficiency.
With rapid urbanization and modernization, there is a rising emphasis on maintaining clean and sanitized living environments. This increasing awareness about hygiene and cleanliness is particularly evident in urban areas where population density and shared living spaces amplify the risk of spreading germs and pathogens. As a result, consumers increasingly prioritize effective cleaning and disinfecting practices to safeguard themselves and their families against illness and infection. Moreover, the impacts of the COVID-19 pandemic raised awareness about hygiene and cleanliness across the region. The pandemic emphasized the importance of proper sanitation and hygiene practices in residential, commercial, and industrial facilities. This is positively impacting the demand for hydrogen peroxide for disinfection and sterilization from the industrial and household sectors in North America.
Key segments that contributed to the derivation of the hydrogen peroxide for disinfection and sterilization market analysis is application.
Hydrogen peroxide is injected into flowing water during the water treatment process to control biological growth and disinfect drinking water. It is used to prevent microbial growth in water systems and cooling towers. In the US, hydrogen peroxide is used to treat residential water supplies, groundwater treatment, process water treatment, and industrial wastewater treatment. Under the Biocidal Products Regulation, hydrogen peroxide is approved as an active substance for use in biocidal products for drinking water disinfection.
In February 2023, the US government declared a US$ 5.8 billion investment in the development of potable water and wastewater infrastructure. According to the US Environmental Protection Agency report published in 2022, ~128.7 billion liters of wastewater is processed daily in wastewater treatment plants in the US. The report also reveals that 20% of US households use septic tanks and systems for local wastewater treatment. Stringent government regulations regarding water and wastewater management have prompted the use of hydrogen peroxide for wastewater treatment. The Environmental Protection Agency (EPA), US, issued the National Pollutant Discharge Elimination System memorandum in December 2022. This memorandum involves the authorization of states and municipalities to administer the National Pollutant Discharge Elimination System and pretreatment programs. This extended version aimed to improve the older version of the system (rolled out in April 2022) to incorporate supplemental permitting mechanisms and recommendations and accelerate efforts to reduce PFAS discharges to water bodies. Thus, the surge in demand for water and wastewater treatment fuels the market growth.
Based on country, the North America hydrogen peroxide for disinfection and sterilization market comprises the US, Canada, and Mexico. The US held the largest share in 2023.
In the US, the market of hydrogen peroxide for disinfection and sterilization is driven by the rising demand from various end-use industries, such as healthcare, water treatment, food and beverages, agriculture, etc. In February 2023, the US government declared a US$ 5.8 billion investment in the development of potable water and wastewater infrastructure. This is expected to positively impact the demand for hydrogen peroxide for disinfection and sterilization of water. Further, the food and beverages industry is one of the largest industries in the US. According to the US Department of Commerce, there were approximately 41,080 food and beverage processing plants in the US in 2021. Hydrogen peroxide is used to kill bacteria and other pathogens on surfaces and machinery used in food manufacturing and processing facilities.
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 North America Hydrogen Peroxide for Disinfection and Sterilization Market is valued at US$ 289.37 Million in 2023, it is projected to reach US$ 193.64 Million by 2031.
As per our report North America Hydrogen Peroxide for Disinfection and Sterilization Market, the market size is valued at US$ 289.37 Million in 2023, projecting it to reach US$ 193.64 Million by 2031. This translates to a CAGR of approximately 5.1% during the forecast period.
The North 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 North America Hydrogen Peroxide for Disinfection and Sterilization Market report:
The North 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 North America Hydrogen Peroxide for Disinfection and Sterilization Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North 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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