Hydrogen peroxide is a chemical element including hydrogen and oxygen. Anhydrous hydrogen peroxide is a colorless, sugary liquid that breaks down quickly into oxygen and water. The chemical formula for hydrogen peroxide [H2O2] is H—O—O—H, here, each dash represents a single covalent link. Especially, each bond has a pair of mutual electrons, one from each of the atoms at the bond’s ends. The polar bonds are H—O bonds, but this is not the polar one - O—O bonds.