Peracetic Acid Market Size Will Touch $1.2bn by 2025 | Top key players Solvay S.A., Evonik Industries, Kemira

As per the report by Global Market Insights, Inc., “Worldwide Peracetic Acid Market will surpass a revenue collection of USD 1.2 billion by 2025 with an annual growth rate of 8.5% over 2019 to 2025.”

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The increasing use of peracetic acid as a cleanser, disinfectant, antimicrobial, and sanitizer has been stimulating peracetic acid market share. End-use sectors such as f&b, bottling, and meat & poultry processing have been extensively using peracetic acid for disinfecting foodstuffs. In addition, for removing bacteria and fungi from fruits and vegetables, cleansing textile fabrics, processing papers, and treating wastewater, peracetic acid has been preferred on a large scale.

Developments in the food and beverage industry would be a growth enabler in the peracetic acid market in the coming years. This is due to the product usage in the food & beverage industry as a disinfectant. The product is used as a disinfectant in various segments of the food & beverage industry like beverages, dairy products, meat and poultry products, pulses, grains & cereals, fruits & vegetables, etc. Peracetic acid is widely used as a sanitizer in the brewing industry as it is highly effective against microbial contamination. It is also an effective sterilant against several bacteria, viruses, fungi, and yeasts.

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 market in the forecast timeframe.

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.

Asia Pacific holds a significant regional peracetic acid industry which is most likely to grow at a CAGR of more than 9%. Increasing demand for the product from China and India would augment the peracetic acid market growth in the coming years.
Major companies of the peracetic acid market include Mitsubishi Gas Chemical Company, Inc., Kemira, Solvay S.A., Evonik Industries, Thai Peroxide Limited, PeroxyChem LLC, Enviro Tech Chemical Services, Inc etc.

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Glimpse of Table of Content (ToC)
Chapter 3. Peracetic Acid Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2014 - 2025
3.3. Industry ecosystem analysis
3.3.1. Raw material analysis
3.3.2. Manufacturing trends
3.3.3. Profit margin
3.3.4. Value addition
3.3.5. Distributor channel analysis
3.3.6. Vendor matrix
3.4. Raw material trends
3.5. Innovation & sustainability
3.5.1. Patent analysis
3.5.2. Technology landscape
3.5.3. Production process
3.5.4. Future trends
3.6. Industry impact forces
3.6.1. Growth drivers
3.6.1.1. Increased product demand in food and beverage industry
3.6.1.2. Environment friendly traits of the product
3.6.2. Industry pitfalls & challenges
3.6.2.1. Health hazards associated with continuous exposure to the product
3.7. Regulatory landscape
3.7.1. U.S.
3.7.2. Europe
3.7.3. China
3.8. Growth potential analysis
3.9. Regional price trends
3.9.1. Cost structure analysis
3.9.1.1. R & D cost
3.9.1.2. Manufacturing cost
3.9.1.3. Raw material cost
3.9.1.4. Distribution cost
3.9.1.5. Operating cost
3.9.1.6. Miscellaneous cost
3.9.2. Price by product
3.9.3. Price by end-user
3.10. Competitive landscape, 2017
3.10.1. Company market share analysis, 2017
3.10.1.1. Global
3.10.1.2. Regional
3.10.2. Brand analysis
3.10.3. Key stake holders
3.10.4. Strategy dashboard
3.11. Porter’s analysis
3.11.1. Supplier power
3.11.2. Buyer power
3.11.3. Threat of new entrants
3.11.4. Industry rivalry
3.11.5. Threat of substitutes
3.12. PESTEL analysis

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