Peracetic Acid Market from food & beverage segment to trace exponential gain till 2025

Peracid acid is increasingly being used as a disinfectant in an array of segments of food and beverage industry, including dairy products, meat and poultry products, fruits and vegetables. Moreover, peracetic acid is profoundly used as a sanitizer in the brewing industry for it is effective against microbial contamination.

In a bid to maintain the consistency, peracetic acid is commercially traded in solution form. Demand growth for commercial grade has increased in the recent past in the wake of its growing popularity in applications such as water treatment, pulp and paper bleaching, agriculture and medical, among others. These factors are set to fuel peracetic acid market share in the ensuing period.

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Peracetic acid market size is set for robust growth in the wake of the product’s soaring popularity as an antimicrobial agent in food and beverages and as disinfectant in an array of industries. Of late, peracetic acid is increasingly being applied to ward off bio film formation in pulp industries. Besides, peracetic acid market share is expected to get major boost as the use of the product during water purification has upped in recent years.

According to a Global Market Insights, Inc., research report, the overall peracetic acid market is likely to surpass $1.2 billion by 2025. While having high reactivity, which allows rapid degradation of the material into harmless byproducts, it is also associated to a number of occupational hazards. If the chemical compound is ingested, inhaled or absorbed through dermal exposure, could cause severe side effects, which also includes death. The peracetic acid is normally sprayed on food packaging, animal carcasses, as well as produce to kill bacteria.

Human exposure could easily occur if the spray is not adequately contained. One more reason behind the rise of occupational hazards is the lack of proper ventilation. These above-mentioned factors may lay a negative impact on the market growth of peracetic acid.

In order to maintain the constancy of peracetic acid, it is basically commercially traded in a solution form, a mixture of acetic acid and hydrogen peroxide. The commercial grade of the solution ranges between 0.3% and 40% in terms of concentration by weight. The product demand in the solution form has been expanding in applications like agricultural, water treatment, pulp and paper bleaching, and medical among others.
In forthcoming years, the product is likely to gain more prominence and will augment the demand in the peracetic acid industry, mainly because the material is environment friendly. Additionally, distilled grade comprises of lower proportions of other kind of chemicals and are used increasingly in the paper & pulp market.

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Major key players in the market are Evonik Industries, Mitsubishi Gas Chemicals, Inc., Kemira Oyj, Solvay S.A., Thai Peroxide Ltd, Peroxychem LLC, SEITZ GmbH, Ecolab, Inc, Diversey Inc, Enviro Tech Chemical Services, Inc., Loeffler Chemical Corporation, Hydrite Chemical Co, Acuro Organics Ltd, and Airedale Chemical Company Ltd.

The predominance of peracetic acid is also evident from the pulp and paper sector. The product is used in the pulp and paper industry to impede the formation of the biofilms. This property of the product’s would enable peracetic acid market from the pulp and paper segment to grow at a CAGR of 8 per cent through 2025. Moreover, peracetic acid also finds exceptional use across the water industry as a purifier.

Peracetic acid market has witnessed a rapid upsurge in recent times with the remarkable product penetration across the industrial sector. The peracetic acid industry growth is not only attributable to huge profit residing in the expansive range of applications but is also equally fueled by its ability to swiftly degrade to harmless byproducts. However, this action may result into certain occupational hazards and cause severe side effects when exposed to the human body.

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