Peracetic Acid Market Overview: Trends and Growth Prospects

The Peracetic Acid Market was valued at US $ 939.32 Mn. in 2022. Global Peracetic Acid Market size is estimated to grow at a CAGR of 9.1%.

Peracetic Acid Market Report Scope and Research Methodology

Report Scope: The report provides a comprehensive overview of the Peracetic Acid Market. It delves into the following key aspects:

Research Methodology: To ensure accuracy and reliability, the report employs a rigorous research methodology, encompassing primary and secondary research, data collection, analysis, and validation. This methodology is designed to present high-quality insights and findings to stakeholders.

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What are Peracetic Acid Market Dynamics?

Market Drivers: The Peracetic Acid Market is experiencing sustained growth, primarily due to its increasing utilization as an antimicrobial agent in the global food and beverage industry. It plays a crucial role in extending the shelf life of food products. Furthermore, factors such as rapid population growth, evolving lifestyles, and changing dietary preferences are driving the demand for packaged food, thereby boosting the market for peracetic acid.

Market Restraints: Despite its numerous advantages, the market faces challenges, including limited consumer awareness and relatively higher costs compared to substitutes like hydrogen peroxide and chlorine. These factors may potentially hinder market growth.

Peracetic Acid Market Segmentation:

The peracetic acid market is divided into disinfectant, sterilant, sanitizer, and others based on end-use. In 2022, the disinfectant market category accounted for 37% of the total market. Food is shielded from bacteria and germs by peracetic acid. In comparison to conventional are solutions, peracetic acid solutions enable more than 95% quicker disinfection. They are therefore often utilized in high purity water treatment procedures for the production of medical devices, poultry processing facilities, and food processing services. For instance, the China Food Industry (CFI) reports that in 2022, 1.8 million bottles of disinfection solution and more than 1500 tonnes of fresh and packaged food were sold.

The peracetic acid market is divided into healthcare, water treatment, food and beverage, pulp and paper, and others based on application. In 2022, the Food & Beverage category accounted for 31% of the market. Peracetic acid functions as an antibacterial agent and has several advantages in addition to being environmentally friendly. It is therefore frequently utilized worldwide in the food and beverage industries. Peracetic acid solutions are used to sterilize food containers in order to safeguard drinks during manufacture. The market expansion for this category is anticipated to be driven by the increased use of peracetic acid in the food and beverage industry.

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Who are Peracetic Acid Market Key Players?

1. Ecolab Inc.
2. Mitsubishi Gas Chemical Company Inc.
3. Diversey Inc.
4. Kemira Oyj
5. Evonik Industries
6. Acuro Organics Ltd.
7. Thai Peroxide Ltd.
8. PeroxyChem LLC
9. Solvay S.A.
10.Enviro Tech Chemical Services Inc.
11.Loeffler Chemical Corporation
12.Hydrite Chemical Co.
13.Airedale Chemical Company Ltd
14.Aditya Birla Chemicals
15.Helios Group
16.Christeyns
17.Promox S.P.A
18.SEITZ GmBH
19.Jubilant Life Sciences
20.Sopura
21.FMC Corporation
22.Hydrite Chemical Company

Table of Content: Peracetic Acid Market

Part 01: Executive Summary

Part 02: Scope of the Peracetic Acid Market Report

Part 03: Global Peracetic Acid Market Landscape

Part 04: Global Peracetic Acid Market Sizing

Part 05: Global Peracetic Acid Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Regional Insights:

Asia Pacific dominated the market in 2022, driven by the extensive use of peracetic acid in various applications, including healthcare, water treatment, food & beverage, and pulp and paper industries.

North America is expected to witness substantial growth, with a notable CAGR. This growth is attributed to increased healthcare expenditure in the region, making peracetic acid a vital component in various applications.

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)

Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

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