- Calcium peroxide, also known as calcium dioxide, is a solid chemical. It is white or pale yellow and has a powdered or granular form. On exposure to water, calcium peroxide starts decomposing and releases oxygen. It does not bioaccumulate or persist in the environment for long.
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A study by Grand View Research Inc. foresees steady growth in the calcium peroxide market from 2015 to 2022 (forecast period). Increasing demand in agriculture is a key market propeller. The chemical releases oxygen into the soil and improves productivity. Calcium peroxide is critical for the food industry. It is a food additive and has the number E930.
The chemical decomposes during baking. It is thus used as a dough conditioner while making cakes and bread. This has led to rising demand from the sector of baking, thereby raising incomes of the calcium peroxide market. Calcium peroxide is made to dissolve in acids to form hydrogen peroxide. Hydrogen peroxide is used as a whitening agent in toothpastes.
Awareness regarding dental hygiene and personal care is proving market beneficial. Hydrogen peroxide is also used as a bleaching agent in the sectors of food, textiles, and paper & pulp. Pulp bleaching is an important calcium peroxide market application. It accounts for more than 69% of the global revenues.
Calcium peroxide stimulates aerobic microbial degradation of hydrocarbons (in contaminated soil and groundwater). Water treatment and textile are the other crucial applications. Stringent environmental policies and governmental initiatives for improving public health are steering water treatment amenities in some regions. These include Western Europe and North America.
North America and Europe have generated significant demand for hydrogen peroxide in the past few years. This is due to its use as a bleaching agent in cosmetics, detergents, and cleaners. Asian Pacific countries, China and India in particular, are also important markets. Rice is the staple crop of these nations.
Some leading players in the worldwide calcium peroxide market include BASF S.E., Chang Chun Petrochemical Co. Ltd., Solvay S.A., Arkema Group, and Nippon Co. Ltd. The other participants comprise Evonik Degussa GmbH, Dow Chemical, Guangdong Zhongcheng Chemicals Inc. Ltd., and Mitsubishi Gas Chemicals Co. Inc.
Information Source: Grand View Research
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