Hydrogen peroxide, commonly known as peroxide compound, is an aqueous solution containing antibacterial, antiviral, and disinfectant qualities. Its reduction property plays a vital role in its number of associated applications. The compound acts as an oxidizing agent in a few chemical reactions, which results in the formation of crystalline solids. Hydrogen peroxide’s boiling and melting point is measured at around 150.2 ° C and –0.43° C, respectively.
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Thailand, Bangladesh, and Germany are the key importing countries for Hydrogen Peroxide. On the other hand, the primary exporting countries include the United States, Germany, and Thailand.
Key Details About the Hydrogen Peroxide Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Hydrogen Peroxide price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Hydrogen Peroxide Price Trends, including India Hydrogen Peroxide price, USA Hydrogen Peroxide price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Hydrogen Peroxide Price Trend:
Hydrogen peroxide is commercially used as a disinfectant and bleaching agent in various sectors. The compound gives no toxic waste and is highly versatile by nature. It is one of the most efficient oxidizing agents, as it easily releases oxygen to react with the different substrates. It can be easily calculated during an industrial yield due to its low molecular weight.
It is highly dissolvable in water and other solvents, even in itself, for that matter. Commercially, it is used to manufacture nitric and sulphuric acid using Ostwald’s and Contact process, respectively.
Moreover, hydrogen peroxide is used as an antiseptic or antimicrobial agent in pharmaceutical industries, as its oxidizing ability oxidizes its microbial cell wall and prevents the growth of these antibodies. It is commonly known for its bleaching, whitening, and cleaning properties and is incorporated in several detergents and household chemicals.
Key Players:
- Evonik Industries AG
- Solvay S.A
- Arkema S.A
- FMC Corporation
- Mitsubishi Gas Chemical Company
- Santoku Chemical Industries Co., Ltd
- Nouryon
News & Recent Development
- Date: May 2, 2023– Solvay signs an agreement with a Chinese chemical company, namely Guangxi Chlor-Alkali Chemical (GHCAC), to build a Hydrogen Peroxide plant in its autonomous region.
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