The Global Industrial Hydrogen Peroxide Market was valued at USD 3.10 Billion in 2023 and is projected to reach USD 4.40 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.1% during the forecast period (2024–2030). This robust growth is primarily driven by increasing demand from the pulp and paper industry for bleaching, rising applications in chemical synthesis, and the expanding use of hydrogen peroxide for water treatment and environmental remediation.

As industries worldwide pivot towards greener and more efficient chemical processes, hydrogen peroxide has emerged as a critical enabler due to its clean oxidation properties. Its versatility across sectors—from manufacturing and healthcare to electronics and mining—highlights its indispensability. In this blog, we profile the Top 10 Companies in the Industrial Hydrogen Peroxide Industry—global chemical giants and specialized producers who are shaping the supply chain and technological advancements of this essential chemical.

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🔟 1. Solvay S.A.

Headquarters: Brussels, Belgium
Key Offering: High-purity Hydrogen Peroxide, Specialty Peroxygen products

Solvay is a global leader in the production of hydrogen peroxide and a pioneer in peroxygen chemistry. The company operates advanced production facilities across the globe, supplying high-quality H₂O₂ to a diverse range of industries, including pulp & paper, chemicals, and environmental applications. Their technological expertise in production processes ensures high efficiency and product purity.

Sustainability Initiatives:

• Commitment to sustainable production via the anthraquinone auto-oxidation process
• Development of bio-based routes for hydrogen peroxide production
• Active participation in circular economy initiatives for chemical manufacturing

Download FREE Sample Report: Industrial Hydrogen Peroxide Market – View in Detailed Research Report

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9️⃣ 2. Evonik Industries AG

Headquarters: Essen, Germany
Key Offering: Hydrogen Peroxide, Proprietary Process Technologies (HPPO)

Evonik is a major global producer of hydrogen peroxide, with a strong focus on innovation, particularly in the Hydrogen Peroxide to Propylene Oxide (HPPO) technology. This technology, developed in partnership with thyssenkrupp, offers a more environmentally friendly alternative for producing propylene oxide, a key chemical intermediate.

Sustainability Initiatives:

• Leadership in HPPO technology, reducing wastewater and energy consumption
• Investment in R&D for catalytic processes to enhance production efficiency
• Focus on reducing the carbon footprint of its chemical production sites

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8️⃣ 3. Arkema S.A.

Headquarters: Colombes, France
Key Offering: Hydrogen Peroxide, Persulfates, and other Specialty Chemicals

Arkema is a leading chemical company with a significant presence in the peroxygen market. Its hydrogen peroxide is critical for applications in electronics, water treatment, and the synthesis of other chemicals. The company emphasizes application development and technical support for its customers.

Sustainability Initiatives:

• Integration of hydrogen peroxide into sustainable product portfolios for water purification
• R&D focused on eco-friendly oxidation processes
• Adherence to stringent international safety and environmental standards

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7️⃣ 4. AkzoNobel N.V.

Headquarters: Amsterdam, Netherlands
Key Offering: Industrial Chemicals including Hydrogen Peroxide, Bleaching Agents

AkzoNobel’s Essential Chemicals business is a key supplier of hydrogen peroxide, primarily serving the pulp and paper industry. The company leverages its integrated chemical production to ensure a reliable supply chain for its global customer base.

Sustainability Initiatives:

• Supply of hydrogen peroxide for “Elemental Chlorine Free” (ECF) bleaching in pulp mills
• Commitment to sustainable sourcing and production through its “People. Planet. Paint.” approach
• Development of solutions that help customers reduce their environmental impact

Download FREE Sample Report: Industrial Hydrogen Peroxide Market – View in Detailed Research Report

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6️⃣ 5. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Hydrogen Peroxide, Intermediates for HPPO process

As one of the world’s largest chemical producers, BASF is a major player in the hydrogen peroxide market. The company produces H₂O₂ for a wide array of applications and is a key participant in propylene oxide production via its own HPPO technology.

Sustainability Initiatives:

• Operation of world-scale HPPO plants in Europe and Asia
• Strong focus on process safety and efficiency in peroxide production
• Investment in research for new catalytic applications of hydrogen peroxide

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5️⃣ 6. Dow Chemical Company

Headquarters: Midland, Michigan, USA
Key Offering: Hydrogen Peroxide, Oxidants and Bleaching Agents

Dow is a significant global supplier of hydrogen peroxide, utilizing it both as an end-product and as a critical raw material within its extensive chemical manufacturing network. The company’s production supports industries such as textiles, water treatment, and electronics.

Sustainability Initiatives:

• Use of hydrogen peroxide in advanced oxidation processes for water treatment
• Commitment to reducing emissions and waste across its manufacturing footprint
• Development of sustainable chemistry solutions aligned with circular economy principles

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4️⃣ 7. Ecolab Inc.

Headquarters: St. Paul, Minnesota, USA
Key Offering: Water Treatment Chemicals, Hydrogen Peroxide-based sanitizers and disinfectants

Ecolab is a global leader in water, hygiene, and infection prevention solutions. While not a primary producer, it is a major formulator and distributor of hydrogen peroxide-based products for industrial water treatment, food & beverage processing, and healthcare disinfection.

Sustainability Initiatives:

• Promotion of hydrogen peroxide as a safer, greener alternative to chlorine-based disinfectants
• Digital water management solutions that optimize chemical usage and reduce waste
• Commitment to helping customers achieve their water and sustainability goals

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3️⃣ 8. Kemira Oyj

Headquarters: Helsinki, Finland
Key Offering: Hydrogen Peroxide, Pulp & Paper Chemicals, Water Treatment Solutions

Kemira is a specialized chemical company with a strong focus on the pulp and paper industry, where hydrogen peroxide is essential for bleaching. The company provides integrated chemical solutions to improve its customers’ efficiency and sustainability.

Sustainability Initiatives:

• Expertise in closed-loop water systems for pulp mills using peroxide
• Development of bioactive and biodegradable chemical combinations
• Helping customers transition to Totally Chlorine Free (TCF) bleaching processes

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2️⃣ 9. Merck KGaA

Headquarters: Darmstadt, Germany
Key Offering: High-purity Hydrogen Peroxide for Electronics and Life Sciences

Through its Performance Materials business, Merck is a critical supplier of ultra-pure hydrogen peroxide for the semiconductor and microelectronics industries. This high-grade H₂O₂ is used in wafer cleaning and etching processes where impurity levels are measured in parts-per-billion.

Sustainability Initiatives:

• Production of high-purity chemicals that enable smaller, more energy-efficient electronic devices
• Investment in sustainable manufacturing practices for its electronics materials portfolio
• R&D into next-generation formulations for advanced chip manufacturing nodes

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1️⃣ 10. Mitsubishi Gas Chemical Company, Inc.

Headquarters: Tokyo, Japan
Key Offering: Hydrogen Peroxide, High-purity chemicals for Electronics

Mitsubishi Gas Chemical (MGC) is a leading chemical company in Asia with a strong hydrogen peroxide business. It is a key supplier to the regional pulp and paper industry and a major producer of ultra-high-purity hydrogen peroxide for the electronics sector.

Sustainability Initiatives:

• Development of proprietary purification technologies for semiconductor-grade peroxide
• Focus on energy-efficient production methods and supply chain optimization
• Commitment to the safe handling and transportation of reactive chemicals

Get Full Report Here: Industrial Hydrogen Peroxide Market – View in Detailed Research Report

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🌍 Outlook: The Future of Industrial Hydrogen Peroxide Is Green and High-Tech

The industrial hydrogen peroxide market is experiencing a significant evolution. While traditional applications in pulp bleaching remain a core driver, the future is being shaped by sustainability mandates and high-tech industry demands. The shift towards cleaner oxidation agents and the relentless progress of the electronics industry are creating new, high-value growth avenues.

📈 Key Trends Shaping the Market:

• Rising adoption of Hydrogen Peroxide in Propylene Oxide (HPPO) production as a cleaner alternative
• Increasing regulatory pressure phasing out chlorine-based bleaching, boosting H₂O₂ demand
• Expanding applications in advanced water treatment and environmental remediation
• Growing consumption of ultra-high-purity grades driven by the semiconductor industry boom

Get Full Report Here: Industrial Hydrogen Peroxide Market – View in Detailed Research Report

The companies profiled above are not just supplying a chemical; they are providing the essential oxidation power that enables cleaner manufacturing, purer water, and smaller, faster electronics—truly powering the backbone of modern industry.