Calcium Peroxide Market Set to Experience Striking Growth, Estimated to Cross USD 3.02 billion by 2032 (Updated PDF 2023)

The global calcium peroxide market is accounted to register a CAGR of 3.6% during the forecast period and is estimated to reach USD 3.02 billion by 2032.

Calcium is a solid peroxide compound used in various industries as a bleaching, disinfectant, and oxidizing agent. It is a white or yellowish powder that releases oxygen when it touches water. The calcium peroxide market is driven by increased demand for oxidizing agents and disinfectants in the industrial sector and increased awareness of the benefits of calcium peroxide in the agricultural sector. Calcium peroxide is used in agriculture as a soil conditioner and crop enhancer, as it assists in improving soil fertility and plant growth.

The growing demand for wastewater treatment and pollution control is also driving the demand for calcium peroxide, as it is an effective oxidizing agent that can be used to treat contaminated water and soil. Moreover, the rising demand for organic food and the increasing focus on sustainable agriculture practices is expected to create significant growth opportunities for the calcium peroxide market. In addition, technological advancements in manufacturing are expected to reduce production costs and increase the adoption of calcium peroxide in various end-use applications.

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Segment Analysis

The global calcium peroxide market has been segmented based on Grade, Application, and End-User.

Based on grade, the market is segmented into Food and Industrial. The food segment was attributed to holding the largest market share in 2022.

The global calcium peroxide market has been segmented based on application into Clarifying Agents, Oxidizing Agents, Deodorizing Agents, and Others. The oxidizing agent segment was expected to hold the largest market share in 2022.

Based on end-user, the market is segmented into Food & Beverages, Agriculture, Mining, Pharmaceuticals, Paper & Pulp, and Others. In 2022, the food & beverages segment dominated the market.

Regional Analysis

Based on region, the global calcium peroxide market has been divided into North America, Europe, Asia-Pacific, and the rest of the World. North America consists of US and Canada. The Europe calcium peroxide market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The calcium peroxide market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the world’s calcium peroxide market comprises the Middle East, Africa, and Latin America.

North America is currently the largest global market for calcium peroxide due to the presence of key players and high demand from end-use industries such as food processing, agriculture, and wastewater treatment. The increasing use of calcium peroxide as an oxygen release and bleaching agent in food processing drives market growth. Additionally, stringent regional wastewater treatment regulations contribute to market growth. In September 2021, Solvay SA launched a new range of high-quality calcium peroxide products for the North American market, further expected to boost the regional market demand.

The European calcium peroxide market is expected to grow significantly in the forecast period, owing to the increasing demand from end-use industries such as agriculture, environmental remediation, and food processing. The growth in the agricultural sector is due to the rising demand for organic farming practices that require using calcium peroxide as a soil treatment agent. Moreover, the growing adoption of wastewater treatment plants in the region fuels market expansion.

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The Asia Pacific region is expected to witness the fastest growth in the global calcium peroxide market, attributed to rapid industrialization and increasing demand for water treatment and food processing applications. The robust growth in the food processing sector is due to the rising demand for packaged food products and increasing consumer preference for organic and chemical-free products. Additionally, the increasing adoption of calcium peroxide as a water treatment agent in countries such as China & India also propels market development.

Other regions, such as Latin America, the Middle East, and Africa, are also expanding rapidly. Calcium peroxide’s rising use as a bleaching agent and disinfectant in the food sector and its increasing use in construction are driving demand in these regional countries. The presence of key players in these regions is also projected to propel the calcium peroxide market forward.

Key Findings of the Study

• The global calcium peroxide market is anticipated to reach USD 3.02 billion by 2032, at a CAGR of 3.6% during the forecast period.
• The Asia-Pacific accounted for the fastest-growing global market for calcium peroxide due to increasing regional demand from the food & beverage industry and robust growth in the industrial sector.
• Based on application, the oxidizing agent segment was attributed to holding the largest market in 2022, with an approximate market share of 35%.

Key Players

American Elements, Solvay SA, BASF SE, Arkema Group, Carus Group Inc, Stp Chem Solutions Co. Ltd, Zhengzhou Huize Biochemical Technology Co. Ltd, Evonik Degussa GmbH, Sunway Lab, The Dow Chemical Company, Nikunj Chemicals.

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