Press release
Peracetic Acid (PAA) Market Industry Insights by Potential Growth, Emerging Trends and Forecast By 2024 | Solvay, Evonik, PeroxyChem, Kemira, Biosafe, Mitsubishi Gas Chemical
Peracetic Acid (PAA)
Overview of Global Peracetic Acid (PAA) Market:
A Peracetic acid (also known as peroxyacetic acid, or PAA), is an organic compound with the formula CH3CO3H. This organic peroxide is a colorless liquid with a characteristic acrid odor reminiscent of acetic acid. It can be highly corrosive. Peracetic acid is a weaker acid than the parent acetic acid, with a pKa of 8.2. Peracetic acid is generated in situ by some laundry detergents. This route involves the reaction of tetraacetylethylenediamine (TAED) in the presence of an alkaline hydrogen peroxide solution. The peracetic acid is a more effective bleaching agent than hydrogen peroxide itself. PAA is also formed naturally in the environment through a series of photochemical reactions involving formaldehyde and photo-oxidant radicals. Peracetic acid is always sold in solution as a mixture with acetic acid and hydrogen peroxide to maintain its stability. The concentration of the acid as the active ingredient can vary.
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Growth in the historic period resulted from economic growth in emerging markets, the rise in awareness of the benefits and developed nations towards Peracetic Acid (PAA) costs and an increase in the number of an organic compound acid.
Product Type Segmentation:
The Peracetic Acid (PAA) market have different product type such as 5% Peracetic Acid, 10%-12% Peracetic Acid and 15% Peracetic Acid. Peracetic Acid (PAA) market product type gives an organic compound acid.
Industry Segmentation:
Increasing instances across various sectors such as Water Treatment, Pulp & Paper, Food & Beverage Industry and Healthcare are raising the need of an organic compound acid, thereby raising the demand for Peracetic Acid (PAA) market. This help in the profitable growth of the Global Peracetic Acid (PAA) market in upcoming year.
Segmentation by Regions:
The Peracetic Acid (PAA) market in North America has created an organic compound acid to help chemical vendors in the world. The Peracetic Acid (PAA) market consists of an organic compound acid. It was followed by Western Europe, China, Japan, Southeast Asia, India and Central & South America regions. Asia Pacific is expected to record higher growth rate in Peracetic Acid (PAA) Market during the forecast year.
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Top Leading Key Manufacturers are: Solvay, Evonik, PeroxyChem, Kemira, Mitsubishi Gas Chemical, Daicel, BioSafe Systems, Airedale Chemical, Enviro Tech, Biosan, Tanfac Industries, Shepard Bros, HABO, Huatai Interox Chemicals, Temu Chemical Technology. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Top Industry News:
Evonik achieves major biotech breakthrough with a new animal-free and fermentation-based collagen platform on 17 March, 2020 -- Evonik today announced the development of an advanced collagen platform that is made via fermentation-based processes and devoid of animal- or human-derived materials. The recombinant technology will, for the first time, provide pharmaceutical, medical, cell culture and tissue engineering markets with a highly soluble, ultra-pure form of collagen that is safe, sustainable and commercially scalable.
"This is arguably our biggest innovation breakthrough in recent years: a fermentation-based collagen platform that can effectively substitute the use of animal-derived collagen in pharmaceutical, medical, and cell culture markets." said Dr. Thomas Riermeier, SVP and General Manager for the Health Care business line of Evonik. "We look forward to working with customers to develop the next-generation collagen products with an improved safety profile."
"Biotechnology is an important lever for growth and innovation within Evonik Nutrition & Care that leverages our core competencies across fermentation, biomaterials and product industrialization," said Johann-Caspar Gammelin, Chairman of the Board of Management of Evonik Nutrition & Care.
The new collagen platform strongly complements other recent fermentation-driven biotech breakthroughs that have been pioneered by Evonik, including biosurfactants for household and cosmetic applications (rhamnolipids) and omega-3 fatty acids from natural marine algae for animal nutrition (Veramaris).
Evonik's proprietary collagen platform features a triple helix structure and other biological properties that mimic many of the attributes of natural collagen so it can reliably interact with cells and tissues and be readily absorbed or remodelled by the body.
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Major Points in Table of Contents:
1 Peracetic Acid (PAA) Product Definition
2 Global Peracetic Acid (PAA) Market Manufacturer Share and Market Overview
2.1 Global Manufacturer Peracetic Acid (PAA) Shipments
2.2 Global Manufacturer Peracetic Acid (PAA) Business Revenue
2.3 Global Peracetic Acid (PAA) Market Overview
3 Manufacturer Peracetic Acid (PAA) Business Introduction
3.1 Solvay Peracetic Acid (PAA) Business Introduction
3.1.1 Solvay Peracetic Acid (PAA) Shipments, Price, Revenue and Gross profit 2014-2019
3.1.2 Solvay Peracetic Acid (PAA) Business Distribution by Region
3.1.3 Solvay Interview Record
3.1.4 Solvay Peracetic Acid (PAA) Business Profile
3.1.5 Solvay Peracetic Acid (PAA) Product Specification
3.2 Evonik Peracetic Acid (PAA) Business Introduction
3.2.1 Evonik Peracetic Acid (PAA) Shipments, Price, Revenue and Gross profit 2014-2019
3.2.2 Evonik Peracetic Acid (PAA) Business Distribution by Region
3.2.3 Interview Record
3.2.4 Evonik Peracetic Acid (PAA) Business Overview
3.2.5 Evonik Peracetic Acid (PAA) Product Specification
3.3 PeroxyChem Peracetic Acid (PAA) Business Introduction
3.3.1 PeroxyChem Peracetic Acid (PAA) Shipments, Price, Revenue and Gross profit 2014-2019
3.3.2 PeroxyChem Peracetic Acid (PAA) Business Distribution by Region
3.3.3 Interview Record
3.3.4 PeroxyChem Peracetic Acid (PAA) Business Overview
3.3.5 PeroxyChem Peracetic Acid (PAA) Product Specification
3.4 Kemira Peracetic Acid (PAA) Business Introduction
3.5 Mitsubishi Gas Chemical Peracetic Acid (PAA) Business Introduction
3.6 Daicel Peracetic Acid (PAA) Business Introduction
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