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

The hydrogen peroxide for disinfection and sterilization market size was valued at US$ 744.43 million in 2023 and is expected to reach US$ 1,161.45 by 2031; it is estimated to register a CAGR of 5.7% from 2023 to 2031.

The major factors driving the hydrogen peroxide for disinfection and sterilization market 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.

Based on application, the hydrogen peroxide for disinfection and sterilization market is segmented into healthcare, food and beverage, water treatment, industrial cleaning, personal care, horticulture, livestock, and others. Healthcare segment is expected to register highest CAGR in the hydrogen peroxide for disinfection and sterilization market from 2023 to 2031. 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.

In the hydrogen peroxide for disinfection and sterilization market, Asia Pacific is expected to register highest CAGR during 2023-2031. Asia Pacific is one of the prominent markets for the utilization of hydrogen peroxide for disinfection and sterilization. With rising population, growing urbanization, and increasing industrial activities, there is a mounting need for clean and safe drinking water and effective wastewater treatment. According to the Asian Development Bank, as the population in Asia Pacific is increasingly residing in the cities-2.5 billion or 55% of the population is predicted to live in urban areas by 2030-water demand is projected to increase by approximately 55%. Hydrogen peroxide (H2O2) is an oxidizer widely used in water treatment as a broad-spectrum disinfectant, effective against numerous microorganisms, including bacteria, viruses, and fungi. Its ability to remove biofilms makes it an excellent choice for maintaining clean and safe water systems.

Countries such as China, India, and Japan are leading the market in Asia Pacific due to their large population, expanding healthcare infrastructure, and rising awareness regarding the importance of hygiene and infection control. In addition, government initiatives promoting cleanliness and disinfection practices have fueled the adoption of hydrogen peroxide. The food & beverages industry in the region also contributes significantly to the demand, as hydrogen peroxide is used to ensure microbial safety in packaging and processing. Thus, the Asia Pacific hydrogen peroxide for disinfection and sterilization market is poised for continued expansion, driven by ongoing public health initiatives, industrial growth, and technological innovations in producing and applying hydrogen peroxide.

A few players operating in the global hydrogen peroxide for disinfection and sterilization 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, and Taekwang Industrial Co Ltd. Players operating in the global hydrogen peroxide for disinfection and sterilization market focus on providing high-quality products to fulfill customer demand. Also, they are focusing on launching new and high-quality products for their customers.

The overall global hydrogen peroxide for disinfection and sterilization market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers-along with external consultants such as valuation experts, research analysts, and key opinion leaders-specializing in the hydrogen peroxide for disinfection and sterilization market.