The hydrogen peroxide market for disinfection and sterilization is experiencing significant growth driven by increasing demands for water and wastewater treatment, as well as applications in the healthcare and food packaging sectors. The market is expected to reach US$1,161.45 million by 2031, showing a Compound Annual Growth Rate (CAGR) of 5.7% from 2023. Hydrogen peroxide's versatility, rapid action against microbes, and broad-spectrum antimicrobial properties make it a preferred choice in various industries. The substance is widely used in water treatment processes to control biological growth and disinfect drinking water, contributing to the industry's growth. Furthermore, stringent regulations on the use of harmful chemicals like ethylene oxide in healthcare facilities are propelling the adoption of hydrogen peroxide as a safer alternative for sterilization. Government reports and regulations support the effectiveness of hydrogen peroxide in disinfection and sterilization processes. Geographically, Asia Pacific leads the market, with North America and Europe following closely, and Asia Pacific is projected to exhibit the highest CAGR in the forecast period. Overall, the rise in demand for hydrogen peroxide in various industries and the shift towards safer sterilization methods are driving the positive growth of the market.