GLOBAL MARKET VALUE OF HYDROGEN PEROXIDE

The value of hydrogen peroxide market during the forecast period will be driven by rapid growth in the
global industrial sector and increasing demand for environmentally friendly products. The product, dubbed
as a ‘green reagent’, produces water as a reaction byproduct and is used as a safer alternative to chlorinated
oxidants.

The product’s wide-ranging application and versatility has benefited industries like textile industry, water
treatment, energy and chemicals. Moreover, it works as a mild antiseptic to prevent infection caused by
minor cuts, scrapes, and burns on the skin.

A Compound Annual Growth Rate (CAGR) exhibited a 5.60% by the global hydrogen peroxide market
from 2015 to 2023. On the year 2014, the global hydrogen peroxide market recorded to have a value of
$3.7 billion which is expected to rise to $6 billion by the end of 2023.

More then 40% of the demand from the global hydrogen peroxide market in 2014 was taken up by the pulp
and paper industry. The growth in demand for paper and pulp will consequently spell growth for the global
hydrogen peroxide market considering the extensive use of hydrogen peroxide as a bleaching agent in the
pulp and paper industry.

Source: PSA, UN Comtrade (2015)

Exports from the Philippines, and its participation in the chemicals Global Value Chain (GVC), have been
recent, with most progress occurring since the mid-1980s. This growth can be broken down into three
distinct areas: (1) oleochemicals, (2) petrochemicals and, finally (3) forays into a variety of basic,
intermediate, specialty and final products. The is an incipient entry into basic inorganic, intermediate and
specialty products by a small number of firms. There is relatively little cohesiveness to this latest evolution
and products fall into a range of different value chain stages and are directed to different end markets.

Specialty Chemicals: This stage involves the production of specialty chemicals, including paints, coatings,
surface treatments, adhesives, sealants, and inks. The products are highly specialized and diverse, designed
to perform a particular function to meet the needs of the market or customers, mainly in other industry
segments. These products are then sold directly for use in their end markets, including the automotive,
construction, pulp, paper and printing, and textiles sector. The pulp and paper market (US$36 billion in
2014) uses over 200 different chemicals, particularly caustic soda, soda ash, chlorine, hydrogen peroxide
and titanium dioxide. Electronics is a rapidly growing end market (US$41 billion), drawing on over 500
different chemicals—including industrial gases such as nitrogen, oxygen, argon, helium, and hydrogen,
inorganics (e.g.acetic acid, acetone, ammonium fluoride, ammonium hydroxide, hydrochloric acid,
hydrofluoric acid, hydrogen peroxide, isopropyl alcohol, nitric acid, phosphoric acid, and sulfuric acid.)
MARKET VALUE OF HYDROGEN PEROXIDE IN THE PHILIPPINES 2018

The overall trade sales of Hydrogen Peroxide in the Philippines in the year 2018 can be seen in the table
below. The computed overall market value is $1660788 and the total net weight is 33136568 kg of
Hydrogen Peroxide.

Figure 1. Sales of Hydrogen Peroxide in the Philippines 2018

Source: comtrade.un.org

𝑇𝑜𝑡𝑎𝑙 𝑇𝑟𝑎𝑑𝑒 𝑉𝑎𝑙𝑢𝑒 = $ 16607882

𝑇𝑜𝑡𝑎𝑙 𝑁𝑒𝑡 𝑊𝑒𝑖𝑔ℎ𝑡 = 33136568 𝑘𝑔 𝑜𝑓 𝐻𝑦𝑑𝑟𝑜𝑔𝑒𝑛 𝑃𝑒𝑟𝑜𝑥𝑖𝑑𝑒

MARKET VALUE OF HYDROGEN PEROXIDE IN THE PHILIPPINES 2018 (with units)