(MENAFNEditorial) H2O2 (hydrogen peroxide) tools are used to monitor the presence of hydrogen peroxide in aqueous or gaseous applications. H2O2 devices are primarily used to determine the presence of hydrogen peroxide vapor (HPV) for decontamination purposes. These devices also play a significant role in personnel and plant safety, as uncontrolled exposure to HPV can be hazardous to life. The rising emphasis on plant and worker safety and increasing awareness about the importance of improving indoor air quality will augment demand from the market.
H2O2 Measurement Market -
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Focus on Improving Indoor Air Quality in Office and Commercial Places to Boost Market
Of late, an increasing number of enterprises are focusing on improving indoor air quality, especially in huge landscapes, commercial places, and offices. This subsequently increases the demand for HPV decontamination systems to decontaminate and sterilize fumigated indoor air, thereby widening the scope for the application of H2O2 measurement devices in fumigation and aeration. These devices are also used to determine the presence of dissolved hydrogen peroxide in potable water and in water treatment plants. Additionally, the growing importance of the treatment of industry effluents before disposing them is another key factor fuelling demand from the global H2O2 measurement market.
The global hydrogen peroxide measurement market can be segmented in terms of product type, application, and geography. Based on product type, the market can be segmented into transmitters, hydrogen peroxide detectors, and hydrogen peroxide sensors. The increasing uptake of hydrogen peroxide detectors in multipoint displays and the rising demand for portable and multi-gas detectors are seen as key factors bolstering the markets growth in the near future.
Market to Gain Impetus from Rising Demand from Healthcare and Pharmaceutical Industries
Based on application, the market for hydrogen peroxide measurement can be segmented into chemicals, pharmaceuticals, food and beverages, healthcare, animal farming, laboratories, freeze dryers, and HVAC systems. The healthcare, laboratories, and pharmaceutical segments have been incorporating HPV decontamination systems at a rapid pace, predominantly because these systems ensure effective decontamination and produce eco-friendly byproducts (water and oxygen) in the process. Furthermore, the growing awareness about HPV decontamination in large-scale infrastructures, particularly in developed economies, is anticipated to help the market for HPV decontamination systems gain more traction, thereby fuelling demand from the global hydrogen peroxide measurement market.
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Europe to Dominate Global H2O2 Measurement Market
Regionally, Asia Pacific, Europe, Latin America, the Middle East and Africa, and North America are the regional segments of the hydrogen peroxide measurement market. Europe boasts a well-established healthcare infrastructure. The majority of the most prominent players in the H2O2 measurement market are also located in this region, owing to which Europe has emerged as the largest market for hydrogen peroxide measurement devices. The market for H2O2 devices is also likely to witness substantial growth in emerging economies such as India, China, Brazil, and other countries in Southeast Asia.
Enterprises such as Dragerwerk AG & Co., Interscan Corporation, The Gwent Group, Analytical Technology, Inc. (ATI), and Picarro Inc. are the most prominent players in the market at present. The leading companies operating in the market are focusing on improving consumer experience to gain a competitive edge in the market.
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