The hydrogen peroxide market size was estimated at USD 3.52 billion in 2023 and is likely to grow at a CAGR of 5.26% during 2023-2028 to reach USD 4.55 billion by 2028. Hydrogen peroxide is a crucial raw material in the chemical industry, used in various industrial and manufacturing value chains. Its applications include textile, food processing, electronics, semiconductor, paper & pulp, and construction. The market growth is expected to be driven by rising chemical output and strong economic conditions in emerging countries.
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