The Hydrogen Peroxide market in Finland has shown a general upward trend from 2012 to 2022, with a compound annual growth rate (CAGR) reflecting varying degrees of growth. Starting from a market value of €98.155 million in 2012, the market exhibited notable year-on-year variations, peaking by 2022 at €131.49 million. Although there were some fluctuations, such as declines in 2014 and 2015, the market has generally recovered, experiencing growth particularly strong in recent years. Over the last two years (2021 and 2022), the market continued to grow, though at a more modest rate, indicating a slight stabilization.
Future trends to watch for include the impact of technological advancements and increased applications in different sectors such as healthcare, food processing, and environmental services. Additionally, global shifts towards green and sustainable solutions may drive further market demand for hydrogen peroxide as an eco-friendly oxidizing agent. The focus on innovation and expanding usage could push the market size even higher in the coming years.
How does Finland rank in Hydrogen Peroxide Market Size Value?
# | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Belgium | 142,860,000 | 2023 | +3.09% | +2.8% | View data |
2 | 2 Finland | 133,830,000 | 2023 | +2.35% | +2.26% | |
3 | 3 Germany | 97,831,000 | 2023 | +0.72% | +2.63% | View data |
4 | 4 Czech Republic | 12,349,000 | 2023 | +3% | +2.58% | View data |
5 | 5 Croatia | 661,860 | 2023 | +2.1% | +3.64% | View data |