HYDROGEN PEROXIDE (H2O2) Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Production Schedule, Working Capital Requirement, Plant Layout, Process Flow Sheet, Cost of Project, Projected Balance Sheets, Profitability Ratios, Break Even Analysis
Hydrogen peroxide is an inorganic, weak acid. It is a powerful oxidizing agent. It is also a good reducing agent against more powerful oxidizing agents. On reaction, it releases oxygen and water. Thus, it is nonpolluting in nature, unlike many other oxidizing agents.
Hydrogen peroxide market has been witnessing strong growth over the past few years on account of increasing demand from paper & pulp industries. This trend is expected to continue over the forecast period. Additionally, demand for hydrogen peroxide is anticipated to grow on account of growing application scope in the chemical industry over the next six years. In addition, increasing use of hydrogen peroxide in pharmaceutical and personal care products is likely to drive its market over the projected period.
During 2014-2019, the hydrogen peroxide market is expected to undergo significant change. Pulp and paper is not expected to continue to be the growth engine for hydrogen peroxide consumption. The change from print to digital media has been occurring for some years, and it had been expected that this trend would result in decreasing paper consumption. By 2019, downstream chemical uses are expected to make up the largest part of hydrogen peroxide consumption globally. The single most important use of hydrogen peroxide in this segment is the production of propylene oxide via the HPPO process.
The global hydrogen peroxide market is exhibiting a CAGR of 5.60% from 2015 to 2023. The 2014 global hydrogen peroxide market was recorded to be valued at $3.7 billion, which is expected to rise to $6 billion by the end of 2023.
More than 40% of the demand from the global hydrogen peroxide market in 2014 was taken up by the paper and pulp industry. Considering the extensive use of hydrogen peroxide as a bleaching agent in the paper and pulp industry, the growth in demand for paper and pulp will consequently spell growth for the global hydrogen peroxide market.
Hydrogen peroxide (H2O2) is an oxidant commonly used as bleach. It is the simplest peroxide. Hydrogen peroxide is a clear liquid slightly more viscous than water that appears colourless in dilute solution. It is used as a disinfectant, antiseptic, oxidizer and in rocketry as a propellant. The oxidizing capacity of hydrogen peroxide is so strong that it is considered a highly reactive oxygen species. For producing hydrogen peroxide natural gas is a feed stock. End user industries are landfills, oil refining, mining, textiles, power producers, potable water, chemicals and resins, food processing, electronics, pulp and paper and many more.
Due to its multiple uses the demand is growing day by day. Any entrepreneur venture in to this field will be successful.
Few Indian Major Players are as under:
Asian Peroxide Ltd.
Gujarat Alkalies & Chemicals Ltd.
National Peroxide Ltd.
Omni Dye Chem Exports Ltd.
Shubham Chemicals & Solvents Ltd.
Swastic Corporation Ltd.
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