Press release
Peracetic Acid Market Comprehensive Analysis 2019: Competitive analysis on players like Solvay, Evonik, Ecolab, Kemira, FMC Corporation, Airedale Chemical, Hydrite, Enviro Tech Chemical Services, PeroxyChem, Diversey, Sigma-Aldrich, Quaron
Global Peracetic Acid Market
The Peracetic Acid market research report has current examination and expansion to the potential component of the market. The report basically relies on the feature of the business which contends on the present market, high factors and appropriated investigation. This incorporates the majority of this worldwide Peracetic Acid market that sorts out from the significant market measurements. Additionally the report incorporates entire profiles of key market players which are administering global and provincial Peracetic Acid Market. The Peracetic Acid report improves the decision making capability of industry officials such as directors, experts, trade consultants etc.
The Global Peracetic Acid Market is expected to reach USD 1113.45 million by 2025, from USD 615.55 million in 2017 growing at a CAGR of 7.8% during the forecast period of 2018 to 2025. The upcoming market report contains data for the historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Peracetic acid or peroxy acetic acid is a colourless but highly acidic and reactive acid. It is obtained by mixing acetic acid and hydrogen peroxide. It is classified as one the most effective oxidizing agent after Ozone and is soluble in water. Contamination in direct form with peracetic acid can cause burns, allergy and other ill effects to the human body and organs. The product is suitable and green and has lesser toxicity as compared to the other substitutes in the market. Solvay underwent an agreement with the US Environmental Protection Agency (EPA) for carrying out tests on water treatment and also regarding the usage of peracetic acid (PAA) for the same. Studies related to the economic and commercialization aspects of PAA in water treatment applications were also included in the agreement.
Key Players of Peracetic Acid Market
Solvay, Evonik, Ecolab, Kemira, FMC Corporation, Airedale Chemical, Hydrite, Enviro Tech Chemical Services, PeroxyChem, Diversey, Sigma-Aldrich, Seitz GmbH, Belinka d.d., Christeyns, NOVADAN APS, Sopura, Quaron, Mar Cor Purification, BioSafe Systems, LLC, Warwick International Group, Loeffler Chemical Corporation, Helios - The European Coatings Group, Christeyns UK, STOCKMEIER Gruppe, Mitsubishi Gas Chemical America, Mitsubishi Gas Chemical Europe GmbH, Jubilant Life Sciences Ltd. NATIONAL PEROXIDE LIMITED, Aditya Birla Chemicals, STOCKMEIER Chemie, Shandong Yanggu Huatai Chemical Co., Ltd., PROMOX S.P.A.,
In July 2018, Enviro Tech Chemical Services Inc., upgraded their AR facilities namely Modesto, CA and Helena from SQF certification level 2 to level 3. The firm is the only SQF certified peracetic acid producer in California. Europe holds the highest market share by value and is expected to hold that ranking whereas North America dominates the market in terms of volume during the forecast period with the most demand (around 65 kilo tonnes) coming from the food & beverage industry. Solvay underwent an agreement with the US Environmental Protection Agency (EPA) for carrying out tests on water treatment and also regarding the usage of peracetic acid (PAA) for the same.
Global Peracetic Acid market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global Peracetic Acid drug market for global Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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Key Segmentation of Peracetic Acid Market
By Application – Disinfectant, Sterilant, Sanitizer, Others. By End Use Industry - Healthcare, Food & beverage, Water treatment, Pulp & paper, others. On the basis of geography - North America & South America, Europe, Asia-Pacific, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Major Market Drivers and Restraints: Global Peracetic Acid Market
Wide acceptance and applications of peracetic acids among end users.
Rapid innovation and advancement in technologies related to the manufacturing and growing popularity of bio chemicals.
Approval from US Food and drug Administration (FDA) as antimicrobial.
High costs of raw materials involved and lack of knowledge regarding biochemicals.
High reactive nature and hazardous health effects of peracetic acid.
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research
methodology, drop in an inquiry to speak to our industry experts.
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