Hydrogen Peroxide Market Size, 2020 Industry Share and Global Demand | 2027 Forecast by Fortune Business Insights™
The global hydrogen peroxide market size is projected to reach USD 2,122.1 million by 2027, exhibiting a CAGR of 3.7% during the forecast period. Soaring demand for disinfectant products amid the COVID-19 pandemic will be a powerful growth driver for this market, states Fortune Business Insights™ in its report, titled “ Hydrogen Peroxide Market Size, Share & COVID-19 Impact Analysis, By Grade (<35% and >35%), By Type (Disinfectant, Bleaching Agent and Others), By Application (Pulp & Paper, Chemical Synthesis, Textile Bleaching, Water Purification, Home & Personal Care and Specialty Applications), and Regional Forecast, 2020-2027 ”. The coronavirus pandemic has reaffirmed the importance of hygiene and sanitation since the virus has been known to spread through infected surfaces as well as through the air. As a result, the demand for disinfectants has suddenly spiked. The Clorox Company, for example, reported in June 2020 that the shipment of its disinfectant pr