Press release
Peracetic Acid Market Anticipated to Grow Significantly Through 2025-2032
Peracetic Acid Market
Peracetic Acid Market size was valued at USD 1339.65 million in 2023 and is poised to grow from USD 1444.14 million in 2024 to USD 2633.66 million by 2032, growing at a CAGR of 7.8% during the forecast period (2025-2032).
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The primary factor driving the growth of global peracetic acid market is the increasing demand for peracetic acid from the water treatment industry. Increasing demand for drinking water due to the increasing population and growing water scarcity concerns drive the market's growth. Rapid industrialization worldwide requires clean and treated water for consumption and maintains health. The explosion of the paper, textile, and other manufacturing industries in both developed and developing regions is expected to drive the growth of global market. Also, the growing awareness about peracetic acid is environmental friendly, which increases its demand worldwide. The increasing demand for medical industry products for sterilizing surgical instruments and other medical devices will drive the market expansion. The growing demand of peracetic acid in infection control and increasing government investment in the healthcare industry are the factors responsible for market growth. Peracetic acid is highly flammable liquid and corrosive in nature. The liquid can cause severe skin and eye infection and can cause toxicity. This factor is expected to hamper the Peracetic Acid Market growth.
Market Segmentation:
Global Peracetic Acid Market is segmented by Grade, Application, End-Use and region. Based on Grade, the market is segmented into Solution Grade and Distilled Grade. Based on Application, the market is segmented into Disinfectant, Sterilant, Sanitizer, Oxidizer and Other Applications. Based on End-Use, the market is segmented into Healthcare, Food and Beverage, Water Treatment, Pulp and Paper, Chemicals and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Peracetic Acid Market Key Players:
Solvay S.A. (Belgium)
Evonik Industries AG (Germany)
Kemira Oyj (Finland)
Mitsubishi Gas Chemical Company, Inc. (Japan)
Ecolab Inc. (USA)
Enviro Tech Chemical Services, Inc. (USA)
PeroxyChem LLC (USA)
Airedale Chemical Company Limited (UK)
Diversey Holdings, Ltd. (USA)
SEITZ GmbH (Germany)
Loeffler Chemical Corporation (USA)
Hydrite Chemical Co. (USA)
Acuro Organics Limited (India)
Promox S.p.A. (Italy)
Christeyns NV (Belgium)
Solvay Chemicals International SA (Belgium)
Thai Peroxide Co., Ltd. (Thailand)
Helios Group (Slovenia)
Jubilant Life Sciences Limited (India)
Spartan Chemical Company, Inc. (USA)
Essential regions of the Peracetic Acid market are:
• Peracetic Acid North America Market includes (Canada, Mexico, USA)
• Peracetic Acid Europe Market includes (Germany, France, Great Britain, Italy, Spain, Russia)
• Peracetic Acid Asia-Pacific Market includes (China, Japan, India, South Korea, Australia)
• Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa)
• Peracetic Acid South America Market includes (Brazil, Argentina)
FAQs: -
1. What are the sales, production, consumption, imports, and exports of the global market (North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
2. Who are the major manufacturers who dominate the world market?
3. What are their current capacity, production, sales, pricing, cost, gross, and revenue operating levels?
4. What are the market's risks and opportunities?
What's more, it likewise covers the request and give of the promoting research concentrate in the assessed figure time frame. Explained investigation of the market players with their profile, deals examination and serious scene is given in the report. Besides, organization, joint effort and consolidations in the business are referenced for the accommodation of the investigation of the global Peracetic Acid industry.
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Objectives of the Study:
• To forecast the market size, in terms of value, for various segments with respect to five main regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
• To provide detailed information regarding the major factors influencing the growth of the Market (drivers, restraints, opportunities, and challenges)
• To strategically analyze the micro markets with respect to the individual growth trends, future prospects, and contribution to the total market
• To provide a detailed overview of the value chain and analyze market trends with the Porter's five forces analysis
• To analyze the opportunities in the market for various stakeholders by identifying the high-growth Segments
• To identify the key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for the market leaders
• To analyze competitive development such as joint ventures, mergers and acquisitions, new product launches and development, and research and development in the market
Looking ahead, the Peracetic Acid Market is poised for continued growth, driven by evolving consumer preferences and ongoing innovations. The trend towards sustainability is expected to strengthen, with more consumers seeking products that align with their values. Additionally, the integration of advanced technologies and digital platforms will likely further enhance market accessibility and consumer engagement. The global Peracetic Acid Market is a dynamic and evolving landscape, shaped by a confluence of trends and factors.
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