A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Hydrogen
Peroxide
Market. The
study, titled “Hydrogen
Peroxide Market for Gold Extraction - Global Industry Analysis, Size,
Share, Growth, Trends, and Forecast 2017 - 2025”,
is available for sale on the firm’s website.
Hydrogen
peroxide, a strong oxidant, is a light blue fluid and is a bit more
viscous than water. It is weakly acidic in nature but has strong
oxidizing properties due to which it acts as a powerful bleaching
agent that is typically used for bleaching paper. Hydrogen peroxide
is highly unstable, readily decomposing into oxygen and water with
release of heat. The end use industries of hydrogen peroxide include
pulp & paper, chemicals, water treatment, and mining. Application
of hydrogen peroxide in the mining industry is primarily for
extraction of precious metals especially gold.
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Market Research Report @
Based
on the process of synthesis, the hydrogen peroxide market for gold
extraction can be segmented in two different ways, namely: direct
synthesis from hydrogen and oxygen, and anthraquinone process. The
former method is typically a laboratory synthesis method while the
latter is used for large scale manufacturing of hydrogen peroxide for
industrial use. The industrial synthesis includes hydrogenation of
anthraquinone to obtain anthrahydroquinone, which is later oxidized
and finally hydrogen peroxide is obtained by liquid-liquid extraction
and vacuum distillation. The anthraquinone process synthesis segment
was the prominent synthesis in 2016 and is expected to continue to
dominate during the forecast period. This is due to the fact that it
is an economical method for large scale production of hydrogen
peroxide for industrial purposes.
Hydrogen
peroxide is used in the mining industry for the extraction of
precious metals such as gold, platinum, and palladium. Gold
extraction from natural sources, including gold rocks and gold ores,
can be done by leaching the gold concentrate or crushed gold rocks,
in a solution of hydrogen peroxide and hydrochloric acid. By using
hydrogen peroxide, the extraction of gold is reasonably economical
and eco-friendly compared to other extraction methods. The hydrogen
peroxide market for gold extraction is driven by the demand for gold
in jewelry, investment, central banks & other institutes, and
technology.
Based
on region, the global hydrogen peroxide market for gold extraction is
divided into North America, Latin America, Europe, Asia Pacific, and
Middle East & Africa. Among these regions, Asia Pacific is the
dominant regional segment of the global hydrogen peroxide market for
gold extraction as China and India created significant demand for
gold in 2016, which is expected to increase further during the
forecast period. The market in Asia Pacific is anticipated to be
followed by Europe owing to increasing demand in countries such as
Germany and the sub-region of the U.K. In developed regions such as
North America and Europe, the demand for gold is primarily from major
central banks which is quite low as compared to the demand from
jewelry in regions such as Asia Pacific and Middle East & Africa.
These factors are major drivers for the global hydrogen peroxide
market for gold extraction. The markets in Brazil and South Africa
(in Latin America and Middle East & Africa respectively) are
projected to show stable growth for the hydrogen peroxide market for
gold extraction in the coming years as the latter is a significant
producer of gold.
Key
players operating in the global hydrogen peroxide market for gold
extraction are BASF SE, Evonik Industries AG, Arkema S.A, Akzo Nobel
N.V., and Solvay S.A., among others. The competition between
prominent players is consolidated, with strategies such as mergers &
acquisitions are expected to be observed as companies strive for
improved revenues and shares in the market.
Get
accurate market forecast and analysis on the Hydrogen Peroxide
market. Request a sample to stay abreast on the key trends impacting
this market@
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
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Us
Transparency
Market Research (TMR) is a market intelligence company, providing
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of quantitative forecasting and trends analysis provides
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and analyze information.
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data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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