Global Peracetic Acid Market Outlook 2025-2034: Trends, Innovations, And Future Outlook

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What Is the Peracetic Acid Market Size and Projected Growth Rate?
The peracetic acid market has witnessed a fast-paced growth in its size over the last few years. It is projected to increase from $1.13 billion in 2024, to $1.25 billion in 2025, which implies a compound annual growth rate (CAGR) of 10.3%. The expansion during the historic period can be credited to factors like the flourishing meat production industry, the rising demand within the food and beverages industry, the extensive use of peracetic acid in agriculture, the increasing need for effective water treatment solutions, and the demand for superior quality biocide products.

In the upcoming years, the peracetic acid market size is projected to experience accelerated growth. The market is predicted to expand to $1.83 billion by 2029, with a compound annual growth rate (CAGR) of 10.1%.The forecasted growth during this period can be linked to the increased utilization of peracetic acid within the pharmaceutical industry, surging demand for superior-quality paper products, the need for potable water, rise in healare expenditure, and expanding global population. The forecast period also indicates prominent trends such as enhanced infrastructure, integration of state-of-art reactors, better production processes, bio-based production, and the evolution of advanced heterogeneous catalysts.

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What Are the Major Segments in the Peracetic Acid Market?
The peracetic acid market covered in this report is segmented -

1) By Grade: Solution Grade; Distilled Grade
2) By Application: Disinfectant; Sterilant; Sanitizer; Other Applications
3) By End-Use: Healare; Food And Beverage; Water Treatment; Pulp And Paper; Other End-Users

Subsegments:
1) By Solution Grade: 5-15% Peracetic Acid Solution; 15-30% Peracetic Acid Solution; 30-35% Peracetic Acid Solution; Low-Concentration Peracetic Acid Solution
2) By Distilled Grade: High Purity Peracetic Acid; Analytical Grade Peracetic Acid; Industrial-Grade Distilled Peracetic Acid

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What Are The Driving Peracetic Acid Market Evolution?
The surge in demand for clean, potable water is anticipated to push the peracetic acid market's expansion. This growing need for drinkable water can be attributed to population increase, urban progression, industrial development, escalating requirements for agriculture, and the consequences of global warming on water resources, thereby escalating the rivalry for restricted freshwater supplies. Peracetic acid is an essential component for providing safe drinking water as it efficiently sterilizes pathogens without leaving destructive residues or by-products, thereby validating water safety and ecological sustainability. For example, as per a report released by United Nations Educational, Scientific, and Cultural Organization (UNESCO), a specialized agency based in France, in February 2024, approximately 2.2 billion individuals were still in need of access to safely managed drinking water up until 2022. Furthermore, it was noted that four among five individuals lacking at least basic drinking water facilities were residents of rural regions. Hence, the escalating demand for safe drinking water plays a crucial role in propelling the peracetic acid market's growth.

Which Firms Dominate The Peracetic Acid Market Segments?
Major companies operating in the peracetic acid market are Brenntag AG, Evonik Industries AG, Ecolab Inc., Univar Solutions Inc., Solvay S.A., FMC Corporation, Mitsubishi Gas Chemical Co Inc., Steris Corporation, Kemira Chemicals, Hawkins Inc., Hydrite Chemical Co., Christeyns NV, PeroxyChem LLC, Spectrum Chemical Manufacturing Corp., Airedale Chemical Company, Seeler Industries Inc, Chemtex Speciality Ltd., Acuro Organics Limited, Promox S.p.A., A. B. Enterprises, Evans Chem India Pvt. Ltd.

What Trends Are Expected to Dominate the Acquired Autoimmune Hemolytic Anemia Market in the Next 5 Years?
Leading businesses in the peracetic acid industry are concentrating on creating advanced products like recirculating aquaculture systems (RAS) and biocide to improve efficiency. RAS is an ecologically responsible fish farming technique that recycles water to control prime quality whilst decreasing environmental harm, facilitating high-density fish farming and water preservation. Biocides are chemical substances used to control or eradicate detrimental organisms, such as bacteria, fungi, viruses, and pests, in various uses like disinfection, pest management, and water purification. For example, in May 2023, Evonik introduced VIGOROX Trident, designed to effectively diminish fish pathogens in recirculating aquaculture systems and ponds, even in the fish's presence. The primary objective is to supply an efficient treatment for controlling water quality and minimizing waterborne fish pathogens in aquaculture.

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Which Is The Largest Region In The Peracetic Acid Market?
North America was the largest region in the peracetic acid market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the peracetic acid market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Peracetic Acid Market?
2. What is the CAGR expected in the Peracetic Acid Market?
3. What Are the Key Innovations Transforming the Peracetic Acid Industry?
4. Which Region Is Leading the Peracetic Acid Market?

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