Hydrogen Peroxide for Disinfection and Sterilization Market Report By Insights, Size, and Growth - 2031

The market for hydrogen peroxide used in disinfection and sterilization was valued at approximately US$ 744.43 million in 2023, with projections indicating it will grow to around US$ 1,161.45 million by 2031. This growth represents a compound annual growth rate (CAGR) of 5.7% from 2023 to 2031.

Several key factors are propelling the hydrogen peroxide market for disinfection and sterilization. Notably, the healthcare sector is experiencing robust growth, alongside an increase in water treatment initiatives and a heightened demand for cleaning and disinfecting products in both industrial and household settings. A report from The White House in 2024 highlighted that the Environmental Protection Agency (EPA) has allocated over US$ 3.2 billion through the Drinking Water State Revolving Fund to enhance access to clean drinking water across the United States. This funding brings the total to US$ 8.9 billion in this area. Additionally, the Bipartisan Infrastructure Law has invested approximately US$ 31 billion in various drinking water projects, which include upgrades to water treatment facilities, distribution systems, PFAS treatment, and the replacement of lead pipes. Consequently, the increasing focus on water treatment is significantly driving the demand for hydrogen peroxide.

The hydrogen peroxide market for disinfection and sterilization is categorized by application into several segments: healthcare, food and beverage, water treatment, industrial cleaning, personal care, horticulture, livestock, and others. Among these, the healthcare segment is anticipated to exhibit the highest CAGR from 2023 to 2031. The rapid pace of urbanization and modernization has led to a greater emphasis on maintaining sanitized living conditions. This growing awareness of hygiene is particularly pronounced in urban settings, where high population density and shared living spaces elevate the risk of germ and pathogen transmission. As a result, consumers are increasingly prioritizing effective cleaning and disinfection methods to protect themselves and their families from illness and infection.

Regionally, the Asia Pacific is expected to experience the highest CAGR in the hydrogen peroxide market for disinfection and sterilization during the period from 2023 to 2031. This region is a significant market for hydrogen peroxide due to its large population, rapid urbanization, and increasing industrial activities, which create a pressing need for safe drinking water and efficient wastewater treatment solutions. According to the Asian Development Bank, by 2030, it is estimated that 2.5 billion people, or 55% of the population in Asia Pacific, will reside in urban areas, leading to a projected 55% increase in water demand. Hydrogen peroxide (H2O2) serves as a versatile oxidizer in water treatment, functioning as a broad-spectrum disinfectant effective against a wide range of microorganisms, including bacteria, viruses, and fungi. Its capability to eliminate biofilms makes it an ideal choice for ensuring clean and safe water systems.

Countries such as China, India, and Japan are at the forefront of the hydrogen peroxide market in the Asia Pacific region, driven by their large populations, expanding healthcare infrastructures, and growing awareness of hygiene and infection control. Furthermore, government initiatives aimed at promoting cleanliness and disinfection practices have accelerated the adoption of hydrogen peroxide. The food and beverage sector in the region also plays a crucial role in driving demand, as hydrogen peroxide is utilized to ensure microbial safety in food packaging and processing. Therefore, the hydrogen peroxide market for disinfection and sterilization in Asia Pacific is set for continued growth, supported by ongoing public health initiatives, industrial expansion, and advancements in hydrogen peroxide production and application technologies.

Key players in the global hydrogen peroxide market for disinfection and sterilization 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, and Taekwang Industrial Co Ltd. These companies are committed to delivering high-quality products to meet customer needs and are actively engaged in launching innovative and superior products.

The overall size of the global hydrogen peroxide market for disinfection and sterilization has been determined through a combination of primary and secondary research methods. The research process began with extensive secondary research utilizing both internal and external sources to gather qualitative and quantitative data related to the market. Additionally, numerous primary interviews were conducted with industry stakeholders to validate the findings and gain deeper analytical insights. Participants in this research included industry experts such as vice presidents, business development managers, market intelligence managers, and national sales managers, as well as external consultants like valuation experts, research analysts, and key opinion leaders specializing in the hydrogen peroxide market for disinfection and sterilization.