Hydrogen peroxide is aninorganic, weak acid. It is a powerful oxidizing agent. It is also a goodreducing agent against more powerful oxidizing agents. On reaction, it releasesoxygen and water. Thus, it is nonpolluting in nature, unlike many otheroxidizing agents.
Hydrogen peroxide markethas been witnessing strong growth over the past few years on account ofincreasing demand from paper & pulp industries. This trend is expected tocontinue over the forecast period. Additionally, demand for hydrogen peroxideis anticipated to grow on account of growing application scope in the chemicalindustry over the next six years. In addition, increasing use of hydrogenperoxide in pharmaceutical and personal care products is likely to drive itsmarket over the projected period.
During 2014-2019, thehydrogen peroxide market is expected to undergo significant change. Pulp andpaper is not expected to continue to be the growth engine for hydrogen peroxideconsumption. The change from print to digital media has been occurring for someyears, and it had been expected that this trend would result in decreasingpaper consumption. By 2019, downstream chemical uses are expected to make upthe largest part of hydrogen peroxide consumption globally. The single mostimportant use of hydrogen peroxide in this segment is the production ofpropylene oxide via the HPPO process.
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