Peracetic Acid Market to Exhibit Phenomenal Growth Over 2018-2025 | Key Company Profiled in Kemira, Solvay, Evonik, Ecolab, Diversey, Mitsubishi Chemical America, PeroxyChem, Hydrite, Airedale Chemical

Pulp & paper bleaching is a significant division in peracetic acid market which is expected to develop at a rate of approximately 8% in the coming years. The product is used in the pulp & paper industry to prevent the formation of biofilms. It is used in the water industry as a purifier. Increasing demand from industries like food & beverage, pharmaceuticals and medical would further augment the growth in the peracetic acid industry in the forecast timeframe.Peracetic Acid Market will likely surpass USD 1.2 billion by 2025; according to a new research report.

Request for a sample of this research report @ www.gminsights.com/request-sample/detail/1524

Peracetic acid is commercially traded in solution form which is a mixture with hydrogen peroxide and acetic acid to maintain its constancy. The commercial grade comprises of peracetic concentration ranging between 0.3% to 40% by weight. The demand for this product in the peracetic acid market has been growing in applications such as pulp & paper bleaching, water treatment, medical, agricultural, etc. In the coming years this product would gain prominence and boost up the demand in peracetic acid industry as this product is environment friendly. Distilled grade contains less proportion of other chemicals and are increasingly used in the paper & pulp industry.

Bottled water is among the most consumed beverage product in the world and is an ideal target industry for the peracetic acid market. In the U.S. itself, the bottled water market was estimated to be valued at around USD 18.5 billion in 2017, which was almost 8.8% higher than the previous year. It held the largest 23.9% share in the U.S. beverages segment and if the growth trend is any indication, can be expected to march further ahead. With similar consumption patterns for bottled beverages to be observed worldwide, the peracetic acid industry is slated to expand rapidly in the near future. Peracetic acid is also being vastly utilized as a sanitizer in the brewery segment, which stands to gain immensely from the elimination of microbial contamination in brewing process.

Peracetic Acid Market, By End-user

o Food & Beverage
o Pulp & Paper Bleaching
o Water Treatment
o Medical
o Agriculture
o Others

Aseptic bottling method, which involves sterilizing both, the bottle and the container in a controlled environment, is a procedure gaining traction among manufacturers as it helps to enhance shelf life and reduce shipping costs. As beverages packed with this method do not require refrigerated transport vehicles and can be stored at room temperature without the risk of getting spoilt, adoption of aseptic packaging techniques has reinforced the peracetic acid market. Citing an instance to demonstrate the advantages of aseptic packaging, some time ago LiDestri Food and Drinks had introduced a range of non-alcoholic drinks which were packed in Tetra Pak’s cold-fill aseptic cartons.

Make an inquiry for purchasing peracetic acid market report @ www.gminsights.com/inquiry-before-buying/1524

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Mitsubishi Chemical America
2. Kemira
3. Solvay
4. Evonik
5. Thai Peroxide Ltd.
6. PeroxyChem
7. SEITZ The fresher company.
8. Ecolab
9. Diversey
10. Enviro Tech Chemical Services
11. Loeffler Chemical Corporation
12. Hydrite
13. Acuro Organics Limited
14. Airedale Chemical

Speaking further, due to the aseptic package, the LiDestri products did not require refrigeration and lowered shipping costs considerably, besides proving to be of great continence to customers. It was also noted that no preservatives were required to be added into these products, which suited health-conscious customers well and tasted better than hot-fill packaged beverages. As global manufacturers look to adopt low-cost and efficient processes to deliver safe-to-consume beverages like juices, energy drinks and milk products, the peracetic acid industry will amass more than USD 300 million in remunerations from the food and beverages segment by 2025.

Browse key industry insights from the report, “Peracetic Acid Market” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/peracetic-acid-market

Traditionally, chlorine solutions were used in washing fresh produce that is sold in supermarkets or other retail space. Gradually, people have shifted to peracetic acid-based antimicrobial solution to reduce pathogens in fresh vegetables, including spinach, lettuce as well as most fruits. Poultry and meat products are being treated with this chemical it does not cause the formation of carcinogens in the food, unlike chlorine. Undeniably, the consumption of food products will consistently rise in conjunction with the growing population and escalate the need for healthy food and beverage offerings, driving the peracetic market worldwide.

All in all, the food and beverages segment is projected to witness a fast-paced growth internationally and in 2017, it was predicted that nearly 48% of U.S. companies in the segment would be looking to geographically expand their business in the coming years. Comprising of key industry participants like Airedale Chemical, Diversey, Enviro Tech Chemical, Evonik, Hydrite Chemical, Mitsubishi and SEITZ, the global peracetic acid market earnings will surpass USD 1.2 billion by 2025.

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.

Contact Us:

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: www.gminsights.com
Blog: technologymagazine.org/

This release was published on openPR.