The report “GLOBAL CALCIUM PEROXIDE MARKET ANALYSIS BY SIZE, SHARE, MARKET SEGMENTATION BY TYPE, BY END-USER INDUSTRY, BY GEOGRAPHY, ESTIMATION AND FORECAST 2018-2024”, The global calcium peroxide market is expected to reach a moderate CAGR during the forecast period. One of the key drivers of the market is the growing use of calcium peroxide in the pulp & paper industry, where it is used as a bleaching agent.
Calcium peroxide or Calcium dioxide is a white or yellowish granular odorless material which is usually produced by adding hydrogen peroxide and calcium hydroxide. It decomposes slowly in moist air, practically insoluble in water and Calcium peroxide acts as an oxidizing agent to maintain soil quality and to produce high yield.
Calcium peroxide is an eco-friendly pure substance, which may be employed in different fields and industries. It is extensively used as an oxidant to improve the extraction of precious metals from their ores.
Besides that, Calcium peroxide is used in poultry-raising and bakery industry. Calcium peroxide plays a vital role in the food industry as a dough conditioner, in manufacturing bread and cakes.
This has resulted in a growing demand from the baking sector which has helped in promoting market growth. The food sector is anticipated to witness a glaring rise in consumption on account of increasing utilization of bleaching agents.
Applications that play a key role to enhance the growth of Calcium peroxide Market:
Water treatment is the major application of Calcium peroxide which plays a vital role in its growth. Textile section is another major contributor to promote the growth on account of Calcium peroxides ability to act as a bleaching agent.
Pulp bleaching sector holds the global market share of 70%. Calcium peroxide acts as a solvent in Chemical industry which is used in recycling process of paper for ink removal.
As the awareness of strong white teeth is growing more among consumers, there is a scope of adding bleaching agents in tooth paste.
Areas with largest Calcium Peroxide Market:
Asia-Pacific holds the largest market for calcium peroxide. Major factors such as growing use of pre-sowing treatments in the agricultural sector in countries like China and India, attributed to the market growth.
In Western Europe and North America, the growing use of calcium peroxide in water and soil treatment is expected to improve the market growth over the forecast period. Due to the strict environmental regulations and initiatives by the government to provide better health facilities may lead to the increase in water treatment facilities in different regions like North America and Western Europe.
The major top players dominating the market include Chang Chun Petrochemical Co., Ltd., Nippon Co Ltd., Guangdong Zhongcheng Chemicals Inc., Ltd.,
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- Year on Year basis generation of revenue is studied.
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