The strong growth in demand for North American hydrogen peroxide market last year and insufficient new capacity resulted in tight supply and demand, but this year's demand growth will slow down. Harriman Chemsult, based in London, pointed out that the demand for hydrogen peroxide in the United States in 2005 will slow down to 3% to 4%.
Degussa said that the demand for hydrogen peroxide in the North American market is not as high as it was expected. The manufacturer pointed out that although the hydrogen peroxide price in North America has experienced a good three-year rise, the profit growth prospects for hydrogen peroxide production in North America are poor due to the increase in natural gas prices and the rapid increase in transportation and logistics costs. Under conditions of tight market supply, new hydrogen peroxide production facilities cannot be built, and expansion can only be achieved through deconstruction.
Degussa said that the demand for hydrogen peroxide in the North American market is not as high as it was expected. The manufacturer pointed out that although the hydrogen peroxide price in North America has experienced a good three-year rise, the profit growth prospects for hydrogen peroxide production in North America are poor due to the increase in natural gas prices and the rapid increase in transportation and logistics costs. Under conditions of tight market supply, new hydrogen peroxide production facilities cannot be built, and expansion can only be achieved through deconstruction.
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