The hydrogen peroxide market is experiencing significant growth driven by rising demand in healthcare, electronics, and environmental applications. With a market value of USD 3.4 billion in 2023, it is projected to reach USD 5.3 billion by 2032, growing at a 5% CAGR. Hydrogen peroxide's diverse applications in health, food, and textiles, along with its eco-friendly and non-toxic nature, are key factors contributing to its expanding use. The substance's effectiveness in sterilization and disinfection, particularly in healthcare settings, is propelling its demand upwards. The market is segmented by grade, application, and end-use industries, with disinfectant applications and the pulp and paper sector being significant contributors to market share. Major players in the market include Aditya Birla Chemicals, Akzo Nobel, Kemira Oyj, and BASF SE. Regionally, North America dominates the market due to demand in healthcare and food industries, while Asia-Pacific is the fastest-growing region driven by a 6.5% CAGR. Overall, the hydrogen peroxide market is witnessing growth globally, with a focus on eco-friendly practices and increasing applications across various industries.