Hydrogen Peroxide Price Trend and Forecast

Hydrogen Peroxide Regional Price Overview

Get the latest insights on price movement and trend analysis of Hydrogen Peroxide in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).


Hydrogen Peroxide Price Trend for the Q1 of 2024

Product Category Region Price Time Period
Hydrogen Peroxide Chemicals USA 700 USD/MT March 2024
Hydrogen Peroxide Chemicals Europe 400 USD/MT March 2024
Hydrogen Peroxide Chemicals India 507 USD/MT March 2024

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As the Spring Festival approached during the first quarter of 2024, the hydrogen peroxide market in China remained stable, with prices holding steady. Despite sluggish purchasing and sales activities, the market gradually gained stability. However, with the holiday period ending, demand for hydrogen peroxide from end-user industries was expected to increase at a greater pace, leading to a potential upward trend in the market, but the rebound was slow, which opened room for stockpiling of inventories.

Hydrogen Peroxide Price Chart

Hydrogen Peroxide Price Trends

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On the other hand, in the later phase of the quarter, the Chinese hydrogen peroxide market witnessed a notable rebound, experiencing a significant increase in prices. This was attributed to improved demand from sectors like printing and paper, prompting an overall rise in trading activities. As manufacturing giants resumed operations and the feedstock market continued to strengthen, prices saw further increases, reaching higher levels towards the end of the last month.

In India also, the hydrogen peroxide market witnessed a significant uptick as the average spot prices inclined from approximately 422 USD/MT to 507 USD/MT during Q1 of 2024. This surge was attributed to the rise in the cost of feedstock materials and the uneven trend of the influx of crude oil in the region.


Europe's chemical industry faced one of its most severe crises in the first quarter of 2024 as it grappled with weak demand and soaring energy and feedstock costs. This has led to widespread overcapacity of hydrogen peroxide and a significant loss of competitiveness, prompting closures and halting of plant production across the region. Despite being the second-largest producer of chemicals globally, Europe's share of global chemical sales has been declining, raising concerns about its future in the industry.

While the traders and manufacturers' sectors tried to navigate through these complex dynamics, many companies took on an innovative route in accordance with the energy transition. However, challenges persisted, including excessive regulatory costs and rising challenges due to changing policy structures. Despite some measures being taken, such as energy tax subsidies in Germany, industry leaders remained pessimistic about the growth of the hydrogen peroxide price trend.

North America

In North America, the hydrogen peroxide market saw a substantial price surge in the latter phase of the first quarter after stumbling through most of it. This price escalation was influenced by a combination of factors, including heightened demand and escalating supply challenges. Despite this, US markets maintained stability, aided by subsidized inventories and a balanced supply-demand dynamic.

The reduction in inventory levels further improved the overall dynamics of the hydrogen peroxide market, resulting in relatively stable prices. Although the region faced rising energy costs, the presence of moderate demand from downstream industries like textiles and leather and consistent demand from pharmaceuticals offered positive support to pricing patterns.

Analyst Insight

According to Procurement Resource, the price trend of Hydrogen Peroxide is expected to maintain its stability in the next quarters as the striking balance between supply and demand will support the stabilization of the hydrogen peroxide market trend.

Hydrogen Peroxide Price Trend for October - December of 2023

Product Category Region Price Time Period
Hydrogen Peroxide Chemicals India 470 USD/MT October’23
Hydrogen Peroxide Chemicals India 407 USD/MT December’23

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In the Asian markets, the fourth quarter of the year was surprisingly underwhelming for hydrogen peroxide. The prices were witnessed to be crashing throughout the three-month period after surging initially in the previous months. The overflowing state of the hydrogen peroxide inventories crippled the market sentiments during the said duration.

The Indian hydrogen peroxide market registered a downfall of about 13% as the monthly average spot prices here dipped from about 470 USD/MT in October’23 to around 407 USD/MT in December’23. A complicated domestic and international trade dynamic resulted in these plunging trend. Overall, weak market sentiments were observed in the Asian hydrogen peroxide markets.


The European market trend were very mixed during the final quarter of the year 2023. Even though the prices fluctuated within a very narrow range the market performance was relatively better in the first half of the quarter than the second. The offshore trade was very limited because of the supply chain curtailments caused by the Israel-Hamas war. Hence, only the regional/domestic demands tended to the hydrogen peroxide market in Europe during the discussed period.

North America

The American Hydrogen Peroxide market, too, reflected the sluggishness of the global market as the prices wavered at the lower end here as well. Governed by the dull downstream demands, the American market performance for hydrogen peroxide was largely unsatisfactory for Q4’23.

Analyst Insight

According to Procurement Resource, the Hydrogen Peroxide price trend are expected to continue falling in the coming months since the demand dynamics are not likely to pick up anytime soon.

Hydrogen Peroxide Price Trend for the July - September of 2023


Hydrogen Peroxide observed mixed price trend during the third quarter of the year 2023. The steady industrial and economic recovery in China pushed up the downstream demands for hydrogen peroxide, so the Chinese hydrogen peroxide price index consistently registered elevated numbers. With an approximate quarterly rise of around 31%, the average monthly spot prices in China varied from about 138 USD/MT in July to around 182 USD/MT in September’23.

Just like the Chinese hydrogen peroxide market, the Indian hydrogen peroxide market started on a high note as the prices climbed up marginally from July to August by around 2%; however, they declined by about 3% the very next month. The average monthly spot prices shifted from 498 USD/MT (approx.) to around 490 USD/MT from July to September of 2023.

The detrimental shift in the agrochemical industry in India because of lesser demands owing to the disturbed rain cycle during the given period was one of the major factors behind the downfall of the hydrogen peroxide market witnessed in India. Overall, the Asian hydrogen peroxide market witnessed fluctuations throughout.


The hydrogen peroxide market dynamics didn’t improve in Europe in the given time span. The market trend continued to falter for the entire span of Q3’23. Even though the inflationary pressure reduced in the region compared to the previous quarter, it also resulted in a reduction in upstream cost support. Since this slip in production costs was not supported by any substantial market demands, it became the reason behind the further downfall of hydrogen peroxide in the given quarter in Europe.

North America

The North American hydrogen peroxide market mirrored the European market trend for the entire period of Q3’23. Struggling with difficult economic situations, the American chemical industries posed bearish demands to hydrogen peroxide suppliers amidst operation cutdowns. Overall, sluggish market trend were observed.

Analyst Insight

According to Procurement Resource, the Hydrogen Peroxide market will likely continue to fluctuate going forward since the market drivers are not projecting many changes in their ongoing patterns.

Hydrogen Peroxide Price Trend for the First Half of 2023


The price trend for hydrogen peroxide registered a fluctuating pattern in the Chinese domestic market. Initially, the prices were kept low, given the weak demand and ample inventories. However, the prices inclined after the Lunar New Year holidays due to the mismatch in supply-demand dynamics caused by the lowered operating rates of industries during the holidays.

This inclining trend continued in the initial months of Q4. The prices fell during April as the manufacturing activities in China gained momentum, whereas the market slowed down, causing China to dump its cheap products in international markets. Hence, the weak terminal demand and unsettled upstream cost pressure caused the hydrogen peroxide prices to settle around 700 RMB/MT in June’23.


The production costs in the European region for hydrogen peroxide decreased as natural gas prices declined. The region also suffered from high inflation rates and weak demand from the downstream packaging and printing industries. The prices of hydrogen peroxide were first stagnant during the initial months of the first quarter, followed by a surge as the demand from end-user industries increased momentarily and then again dipped in subsequent months. The manufacturing sector geared up its manufacturing rates after seeing a surge in demand in mid-Q1 of 2023. Since the rise was short-lived, the risen inventories negatively impacted the prices in an already subdued Europe.

North America

The North American region suffered from weak demand from the downstream industries, which led to a decline in the quotations from the manufacturers. The hydrogen peroxide prices also suffered from the high inflation rates and fluctuating energy costs, leading to disruptions in trade activities. In addition to the weak performance from the downstream industries, the demand from other importing nations was mostly weak, fueling the decline in the prices of hydrogen peroxide in the region.

Analyst Insight

According to Procurement Resource, the price trend for Hydrogen Peroxide is estimated to decline in the upcoming quarter. Weak demand from the printing and packaging industries coupled with volatile upstream costs will likely dictate the hydrogen peroxide prices, given the other market variable kept constant.

Hydrogen Peroxide Price Trend for the Second Half of 2022


The prices of hydrogen peroxide exhibited a volatile trend in the third quarter. Initially, the prices dipped due to unstable economic conditions and weak purchasing activities shown by the end-consumer sector. However, the trend recovered towards the end of the third quarter with the surge in demand from the paper industry and packaging sector. But this inclining trend could not be sustained in the fourth quarter. The last quarter struggled with weak economic conditions as the cost of natural gas supplied by Russia remained volatile, affecting the upstream cost pressure and, thus, the overall manufacturing capacities.


In the first half of the third quarter, the price trend for hydrogen peroxide performed poorly due to the falling demand from the downstream paper industry. The region was also severely affected by the acute energy crisis, which further reduced the buyers’ confidence in the market. But with the surge in demand during the latter half of the third quarter, the hydrogen peroxide market recovered. The price recovery was, however, short-lived as the demand from the paper and pulp industry declined significantly, which led to a dip in the price trend of hydrogen peroxide in the fourth quarter.

North America

The price trend for hydrogen peroxide recorded an oscillating pattern in the North American region. The prices remained weak in the initial months of the third quarter of 2022, surged slightly in the later months, and then dipped again in the fourth quarter. These price fluctuations were majorly due to the volatile cost of raw materials amid the rising inflation. Also, the oversupply of products in the domestic market due to disrupted trade activities further aided the fall in hydrogen peroxide prices.

Analyst Insight

According to Procurement Resource, the price trend for Hydrogen peroxide are estimated to showcase a mixed trend in the coming quarter. The prices of hydrogen peroxide are likely affected by the rising inflation levels and uncertain demand from the end-user industries.

Hydrogen Peroxide Price Trend For the First Half of 2022


Given the Lunar New Year celebrations and Winter Olympics, industrial production was temporarily halted, impacting market inventories. The supply constraints, coupled with the strong demand from paper and pulp industries, drove the prices. The price of hydrogen peroxide averaged 615 USD/MT in the said period. With the resurgence of covid-19 in the market, the demand for disinfectants soared. However, after the upliftment of covid-19 shutdowns, industrial production improved, leading to stockpiling inventories, thereby causing the prices to decline.


Owing to surging crude oil and natural gas prices, the price of feedstock benzene and anthraquinone increased. These higher values, coupled with difficulty in sourcing, caused the prices to inflate, averaging 537 USD/MT. However, the inflationary pricing heavily influenced the market sentiments and triggered the cautious wait-and-see attitude of buyers reducing the market offtakes, thereby crashing the prices.

North America

The price trend in US domestic market closely mimicked its European counterpart. The mismatch in the market dynamics coupled with interest hikes by the central bank owing to the looming speculations of a global recession negatively impacted the hydrogen peroxide prices. Towards the end of said period, hydrogen peroxide prices fell as the upstream cost pressure relaxed.

Analyst Insight

According to Procurement Resource, hydrogen peroxide prices will further crash in their respective markets. With new supplies entering the market, the upstream cost pressure on anthraquinone will relax. The current market scenario is grim, given the baulking of buyers and decreased demand amid the rumoured speculations of recession.

Procurement Resource provides latest prices of Hydrogen Peroxide. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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About Hydrogen Peroxide

In appearance, pure hydrogen peroxide is a pale blue, clear liquid, which is slightly more viscous than water. Hydrogen peroxide is known to be the simplest peroxide. It is used as a bleaching agent, an oxidizer, and an antiseptic agent. Concentrated hydrogen peroxide, or high-test peroxide, works as a reactive oxygen species that is used as a propellant in rocketry.

Hydrogen Peroxide Product Details

Report Features Details
Product Name Hydrogen Peroxide
Industrial Uses Agricultural chemical (non-pesticidal), Bleaching agents, Cleaner, Oxidizing/reducing agent, Plating and surface treating agent, Solvent (for cleaning and degreasing)
Chemical Formula H2O2
Synonyms Hydrogen dioxide, Hydroperoxide
Molecular Weight 34.01 g/mol
Supplier Database Evonik Industries AG, Solvay S.A, Arkema S.A, FMC Corporation, Mitsubishi Gas Chemical Company, Santoku Chemical Industries Co., Ltd, Nouryon
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Hydrogen Peroxide Production Processes

  • Production of Hydrogen Peroxide from Anthraquinone

Anthraquinone is hydrogenated to the corresponding anthrahydroquinone using a palladium catalyst in this process. When the hydrogenated product is autooxidized, the hydrogen atoms transfer to oxygen, producing hydrogen peroxide and regenerating anthraquinone.


The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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