Press release
Peracetic Acid Market Key Players by 2024: Diversey Inc., Ecolab Inc., Kemira Oyj, Mitsubishi Gas Chemicals, Inc., Thai Peroxide Ltd., Solvay S.A., Peroxychem LLC and Evonik
Global Market Insights, Inc.
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Taking into consideration the geographical landscape, Asia Pacific peracetic acid industry is projected to witness a notable surge over the coming years. Enhanced use of agrochemicals in the farming activities along with a strong supply chain is anticipated to accelerate the industry growth in the region. India and China are most likely to influence the regional growth.
Water treatment applications are expected to grow at a cumulative rate of more than 7% over the coming seven years, driven by the eco-friendly & low toxic nature of the product along with its ability to disinfect recycled water. High clean water requirements for industrial and household purposes are expected to drive peracetic acid market share in the water treatment sector in the future. Pulp and paper bleaching applications are also expected to contribute significantly toward peracetic acid market revenue over the coming timeline, subject to rising product popularity in bleaching fiber to provide better whitening over hypochlorite bleaching. Furthermore, the product also helps in retaining a large proportion of the chemicals such as biocides and optical brighteners during the bleaching process, thereby reducing the pulp and paper bleaching costs.
High product application as a disinfectant and sterilant in various medical devices such as dentures, syringes, and plastic implants is expected to boost peracetic acid market revenue in the medical sector, which is predicted to attain a revenue of more than USD 35 million by 2024 in Europe. Introduction of new chemicals by horticulture firms for ensuring the protection & safety of the plants & crops against the microbes will augment the product demand, thereby favorably impacting peracetic acid market share in the agriculture sector.
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Partial Chapter of the Table of Content
Chapter 3. Peracetic Acid Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.3.2. Distributor channel analysis
3.4. Industry impact forces
3.4.1. Growth drivers
3.4.1.1. Increased product demand in food and beverage industry
3.4.1.2. Environment friendly traits of the product
3.4.2. Industry pitfalls & challenges
3.4.2.1. Health hazards associated with continuous exposure to the product
3.5. Growth potential analysis
3.6. Regulatory trends
3.6.1. U.S.
3.6.2. Europe
3.6.3. China
3.7. Porter’s analysis
3.8. Company market share analysis, 2016
3.8.1. Strategy dashboard
3.8.2. Patent landscape
3.9. PESTEL analysis
3.10. Regional price trends
3.10.1. Cost structure analysis
3.10.2. Raw material trends
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The production capacity is limited worldwide and the product market is consolidated with key manufacturers such as Diversey Inc., Ecolab Inc., Kemira Oyj, Mitsubishi Gas Chemicals, Inc., Thai Peroxide Ltd., Solvay S.A., Peroxychem LLC and Evonik Industries. The companies exhibiting backward integration in this category are Mitsubishi Gas Chemical Company, Inc., Solvay S.A., etc.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
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