Hydrogen peroxide is a type of chemical compound that is formed with a combination of oxygen and water. It is a very pale blue liquid and is slightly more viscous than water in its pure form. Hydrogen peroxide is generally an unstable chemical compound that decomposes slowly in the presence of light. Being unstable, it is typically stored with a stabilizer in a weakly acidic solution. In aqueous solution hydrogen peroxide, it differs from other pure substances owing to the effects of hydrogen bonding between water and molecules of hydrogen peroxide. Hydrogen peroxide is often used for cleaning skin wounds and prevent infection from minor cuts & scrapes. It works as a disinfectant by destroying the essential components of germ cells. It can deactivate a wide range of microorganisms like virus, fungi, spores, and bacteria.
WIDE SCALE USAGE OF HYDROGEN PEROXIDE IN HEALTHCARE TO BOOST ITS DEMAND IN THE GLOBAL MARKET
Healthcare is a part of our daily lives, and without proper access to healthcare, people are far more at risk of illness and injuries. Consumers as well as the manufacturers of healthcare products have realized the importance of hydrogen peroxide as a disinfectant. Hydrogen peroxide is a chemical compound that contains the peroxide ion. It includes one extra oxygen atom compared to a more stable water molecule. Hydrogen peroxide is used in the form of a disinfectant to treat inflammation of gums. In the form of a mild antiseptic, hydrogen peroxide is used on the skin to prevent minor cuts, scrapes, and burns. It is used as a mouth rinse to remove mucous or for the removal of mucous or to relieve minor mouth irritation. Hydrogen peroxide releases oxygen to the affected area and cures it. The release of oxygen causes foaming that removes dead skin and cleans the area. In hospitals, the contaminated environmental surfaces act as an essential source for the transmission of healthcare associated pathogens. The cleaner disinfectants made using hydrogen peroxide decontaminates the soft surfaces when applied as a spray. These hydrogen peroxide cleaner disinfectants have better surface compatibility, faster kill time, and less residue. Mostly, these disinfectants are produced with nor fragrance or harsh odors to support the better patient experience. Different hydrogen peroxide wipes are available in the market. They are pre-moisturized, durable, and ready to use with a capacity to kill many pathogens in a second. Hydrogen peroxide is often considered as a household chemical as it is used for many healthcare applications at home. As the hydrogen peroxide is effective in removing microorganisms like bacteria, yeast, fungi, and viruses, it makes the right choice for cleaning bathrooms. Soaking toothbrushes in hydrogen peroxide kills the tiny amount of bacteria present on toothbrushes. The vast application of hydrogen peroxide in various healthcare solution drives the growth of the hydrogen peroxide for disinfection/sterilization market.
The major players operating in the global hydrogen peroxide market include Akzonobel N.V., Arkema S.A., BASF SE, Ecolab Inc. (Nalco Company), Evonik Industries Ag, Kemira Oyj., Maroon Group Care, Merck Group, Mitsubishi Gas Chemical Company and Solvay S.A. Co., Ltd. among others. These key players in the market are focused on new and improved product offerings so that it could meet out the demand for specific end-use industries in the market, which is further expected to boost this market. For Instance, Evonik Industries AG has successfully closed the acquisition of the US Company PeroxyChem for US$640 Mn after the responsible court in Washington D.C. dismissed the lawsuit filed by the Federal Trade Commission (FTC) to block the acquisition. PeroxyChem is a manufacturer of hydrogen peroxide (H2O2) and peracetic acid (PAA) and is well-positioned in high-margin specialty applications.
