Product Code: BMIRE00032156
The North America hydrogen peroxide market for disinfection and sterilization is projected to grow significantly, reaching approximately US$ 289.37 million by 2031, up from US$ 193.64 million in 2023, with a compound annual growth rate (CAGR) of 5.1% during this period.
Executive Summary and Market Analysis
Several key factors are propelling the growth of the hydrogen peroxide market in North America. The healthcare sector's robust expansion, increased water treatment initiatives, and a rising demand for cleaning and disinfecting products in both industrial and household settings are major contributors. In 2024, the White House announced that the Environmental Protection Agency (EPA) would allocate over US$ 3.2 billion through the Drinking Water State Revolving Fund to enhance access to clean drinking water in the U.S., bringing the total funding in this area to US$ 8.9 billion. Additionally, the Bipartisan Infrastructure Law has invested around US$ 31 billion in various drinking water projects, including upgrades to treatment plants and lead pipe replacements. This focus on water treatment is driving the demand for hydrogen peroxide, which is valued for its effective disinfection properties in drinking water due to its strong oxidative and biocidal capabilities.
Urbanization and modernization are also increasing the need for clean and sanitized environments. The heightened awareness of hygiene, particularly in densely populated urban areas, has led consumers to prioritize effective cleaning and disinfection practices to protect against illness. The COVID-19 pandemic further amplified this awareness, highlighting the importance of sanitation in residential, commercial, and industrial spaces, which has positively influenced the demand for hydrogen peroxide in North America.
Market Segmentation Analysis
The North America hydrogen peroxide market is segmented by application, which includes healthcare, food and beverage, water treatment, industrial cleaning, personal care, horticulture, livestock, and others. In 2023, the healthcare sector accounted for the largest market share.
Market Outlook
Hydrogen peroxide is commonly used in water treatment processes to control biological growth and disinfect drinking water. It is effective in preventing microbial growth in various water systems, including cooling towers. In the U.S., hydrogen peroxide is utilized for treating residential water supplies, groundwater, process water, and industrial wastewater. Under the Biocidal Products Regulation, it is approved as an active substance for biocidal products aimed at drinking water disinfection.
In February 2023, the U.S. government announced a US$ 5.8 billion investment to enhance potable water and wastewater infrastructure. According to a 2022 EPA report, approximately 128.7 billion liters of wastewater are processed daily in U.S. treatment plants, with 20% of households relying on septic systems for local wastewater management. Stringent regulations regarding water and wastewater management are driving the adoption of hydrogen peroxide in these processes. The EPA's National Pollutant Discharge Elimination System memorandum, issued in December 2022, allows states and municipalities to manage discharge permits, aiming to reduce PFAS discharges into water bodies, further boosting the demand for hydrogen peroxide in wastewater treatment.
Country Insights
The North America hydrogen peroxide market encompasses the U.S., Canada, and Mexico, with the U.S. holding the largest market share in 2023. The demand for hydrogen peroxide in the U.S. is fueled by various end-use industries, including healthcare, water treatment, food and beverage, and agriculture. The significant investment in water infrastructure is expected to enhance the demand for hydrogen peroxide for disinfection and sterilization purposes. The food and beverage sector, one of the largest in the U.S., relies on hydrogen peroxide for sanitizing surfaces and equipment in processing facilities, with approximately 41,080 such plants reported in 2021 by the U.S. Department of Commerce.
Company Profiles
Key players in the hydrogen peroxide 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. These companies are pursuing various strategies, including expansion, product innovation, and mergers and acquisitions, to enhance their market presence and offer innovative solutions to consumers.
Table Of Contents
1. Introduction
- 1.1 Report Guidance
- 1.2 Market Segmentation
2. Executive Summary
- 2.1 Key Insights
- 2.2 Market Attractiveness
3. Research Methodology
- 3.1 Secondary Research
- 3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:
4. North America Hydrogen Peroxide for Disinfection and Sterilization Market Landscape
- 4.1 Overview
- 4.2 Porter's Five Forces Analysis
- 4.2.1 Threat of New Entrants
- 4.2.2 Threat of Substitutes
- 4.2.3 Bargaining Power of Buyers
- 4.2.4 Bargaining Power of Suppliers
- 4.2.5 Competitive Rivalry
- 4.3 Ecosystem Analysis
- 4.3.1 Raw Material Suppliers
- 4.3.2 Hydrogen Peroxide Manufacturers
- 4.3.3 Distributors/Suppliers
- 4.3.4 End-Use Industry
- 4.3.5 List of Vendors in Value Chain
5. North America Hydrogen Peroxide for Disinfection and Sterilization Market - Key Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Growing Demand for Water and Wastewater Treatment
- 5.1.2 Rising Requirement in Food Packaging Applications
- 5.2 Market Restraints
- 5.2.1 Fluctuation in Hydrogen Peroxide Prices
- 5.3 Market Opportunities
- 5.3.1 Sterilization Applications in Healthcare Industry
- 5.4 Future Trends
- 5.4.1 Adoption of Vaporized Hydrogen Peroxide
- 5.5 Impact of Drivers and Restraints:
6. Hydrogen Peroxide for Disinfection and Sterilization Market - North America Analysis
- 6.1 North America Hydrogen Peroxide for Disinfection and Sterilization Market Volume (Million Litres), 2021-2031
- 6.2 North America Hydrogen Peroxide for Disinfection and Sterilization Market Volume Forecast and Analysis (Million Litres)
- 6.3 North America Hydrogen Peroxide for Disinfection and Sterilization Market Revenue (US$ Million), 2023-2031
- 6.4 North America Hydrogen Peroxide for Disinfection and Sterilization Market Forecast and Analysis
7. North America Hydrogen Peroxide for Disinfection and Sterilization Market Volume and Revenue Analysis - by Application
- 7.1 Healthcare
- 7.1.1 Overview
- 7.1.2 Healthcare: North America Hydrogen Peroxide for Disinfection and Sterilization Market - Volume and Forecast, 2021-2031 (Million Litres)
- 7.1.3 Healthcare: North America Hydrogen Peroxide for Disinfection and Sterilization Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 7.2 Food and Beverage
- 7.2.1 Overview
- 7.2.2 Food and Beverage: North America Hydrogen Peroxide for Disinfection and Sterilization Market - Volume and Forecast, 2021-2031 (Million Litres)
- 7.2.3 Food and Beverage: North America Hydrogen Peroxide for Disinfection and Sterilization Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 7.3 Water Treatment
- 7.3.1 Overview
- 7.3.2 Water Treatment: North America Hydrogen Peroxide for Disinfection and Sterilization Market - Volume and Forecast, 2021-2031 (Million Litres)
- 7.3.3 Water Treatment: North America Hydrogen Peroxide for Disinfection and Sterilization Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 7.4 Industrial Cleaning
- 7.4.1 Overview
- 7.4.2 Industrial Cleaning: North America Hydrogen Peroxide for Disinfection and Sterilization Market - Volume and Forecast, 2021-2031 (Million Litres)
- 7.4.3 Industrial Cleaning: North America Hydrogen Peroxide for Disinfection and Sterilization Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 7.5 Personal Care
- 7.5.1 Overview
- 7.5.2 Personal Care: North America Hydrogen Peroxide for Disinfection and Sterilization Market - Volume and Forecast, 2021-2031 (Million Litres)
- 7.5.3 Personal Care: North America Hydrogen Peroxide for Disinfection and Sterilization Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 7.6 Horticulture
- 7.6.1 Overview
- 7.6.2 Horticulture: North America Hydrogen Peroxide for Disinfection and Sterilization Market - Volume and Forecast, 2021-2031 (Million Litres)
- 7.6.3 Horticulture: North America Hydrogen Peroxide for Disinfection and Sterilization Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 7.7 Livestock
- 7.7.1 Overview
- 7.7.2 Livestock: North America Hydrogen Peroxide for Disinfection and Sterilization Market - Volume and Forecast, 2021-2031 (Million Litres)
- 7.7.3 Livestock: North America Hydrogen Peroxide for Disinfection and Sterilization Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 7.8 Others
- 7.8.1 Overview
- 7.8.2 Others: North America Hydrogen Peroxide for Disinfection and Sterilization Market - Volume and Forecast, 2021-2031 (Million Litres)
- 7.8.3 Others: North America Hydrogen Peroxide for Disinfection and Sterilization Market - Revenue and Forecast, 2021-2031 (US$ Million)
8. North America Hydrogen Peroxide for Disinfection and Sterilization Market - Country Analysis
- 8.1 North America
- 8.1.1 North America Hydrogen Peroxide for Disinfection and Sterilization Market Revenue and Forecast and Analysis - by Country
- 8.1.1.1 North America Hydrogen Peroxide for Disinfection and Sterilization Market Volume and Forecast and Analysis - by Country
- 8.1.1.2 North America Hydrogen Peroxide for Disinfection and Sterilization Market Revenue and Forecast and Analysis -by Country
- 8.1.1.3 United States: North America Hydrogen Peroxide for Disinfection and Sterilization Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 8.1.1.3.1 United States: North America Hydrogen Peroxide for Disinfection and Sterilization Market Share - by Application
- 8.1.1.4 Canada: North America Hydrogen Peroxide for Disinfection and Sterilization Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 8.1.1.4.1 Canada: North America Hydrogen Peroxide for Disinfection and Sterilization Market Share - by Application
- 8.1.1.5 Mexico: North America Hydrogen Peroxide for Disinfection and Sterilization Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 8.1.1.5.1 Mexico: North America Hydrogen Peroxide for Disinfection and Sterilization Market Share - by Application
9. Competitive Landscape
- 9.1 Heat Map Analysis by Key Players
- 9.2 Company Positioning and Concentration
10. Industry Landscape
- 10.1 Overview
- 10.2 Collaboration
- 10.3 Expansions
- 10.4 New Product Launches
11. Company Profiles
- 11.1 Evonik Industries AG
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
- 11.2 Solvay SA
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
- 11.3 Arkema SA
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
- 11.3.6 Key Developments
- 11.4 Mitsubishi Gas Chemical Co Inc
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
- 11.4.6 Key Developments
- 11.5 Kemira Oyj
- 11.5.1 Key Facts
- 11.5.2 Business Description
- 11.5.3 Products and Services
- 11.5.4 Financial Overview
- 11.5.5 SWOT Analysis
- 11.5.6 Key Developments
- 11.6 Nouryon Chemicals Holding BV
- 11.6.1 Key Facts
- 11.6.2 Business Description
- 11.6.3 Products and Services
- 11.6.4 Financial Overview
- 11.6.5 SWOT Analysis
- 11.6.6 Key Developments
- 11.7 Stepan Co
- 11.7.1 Key Facts
- 11.7.2 Business Description
- 11.7.3 Products and Services
- 11.7.4 Financial Overview
- 11.7.5 SWOT Analysis
- 11.7.6 Key Developments
- 11.8 Aditya Birla Chemicals India Ltd
- 11.8.1 Key Facts
- 11.8.2 Business Description
- 11.8.3 Products and Services
- 11.8.4 Financial Overview
- 11.8.5 SWOT Analysis
- 11.8.6 Key Developments
- 11.9 Merck KGaA
- 11.9.1 Key Facts
- 11.9.2 Business Description
- 11.9.3 Products and Services
- 11.9.4 Financial Overview
- 11.9.5 SWOT Analysis
- 11.9.6 Key Developments
- 11.10 Ecolab Inc
- 11.10.1 Key Facts
- 11.10.2 Business Description
- 11.10.3 Products and Services
- 11.10.4 Financial Overview
- 11.10.5 SWOT Analysis
- 11.10.6 Key Developments
- 11.11 Taekwang Industrial Co Ltd
- 11.11.1 Key Facts
- 11.11.2 Business Description
- 11.11.3 Products and Services
- 11.11.4 Financial Overview
- 11.11.5 SWOT Analysis
- 11.11.6 Key Developments
- 11.12 National Peroxide Limited.
- 11.12.1 Key Facts
- 11.12.2 Business Description
- 11.12.3 Products and Services
- 11.12.4 Financial Overview
- 11.12.5 SWOT Analysis
- 11.12.6 Key Developments
- 11.13 ROAM TECHNOLOGY NV
- 11.13.1 Key Facts
- 11.13.2 Business Description
- 11.13.3 Products and Services
- 11.13.4 Financial Overview
- 11.13.5 SWOT Analysis
- 11.13.6 Key Developments
- 11.14 HANSOLCHEMICAL
- 11.14.1 Key Facts
- 11.14.2 Business Description
- 11.14.3 Products and Services
- 11.14.4 Financial Overview
- 11.14.5 SWOT Analysis
- 11.14.6 Key Developments
- 11.15 OCI Ltd
- 11.15.1 Key Facts
- 11.15.2 Business Description
- 11.15.3 Products and Services
- 11.15.4 Financial Overview
- 11.15.5 SWOT Analysis
- 11.15.6 Key Developments
- 11.16 United Initiators GmbH
- 11.16.1 Key Facts
- 11.16.2 Business Description
- 11.16.3 Products and Services
- 11.16.4 Financial Overview
- 11.16.5 SWOT Analysis
- 11.16.6 Key Developments
12. Appendix
- 12.1 About The Insight Partners