Peracetic Acid Market Growth, Analysis Report & Opportunities, 2017 – 2024.

Europe peracetic acid market in the pulp & paper bleaching sector is expected to hit USD 40 million by 2024, owing to the prominent use of green technologies. An increase in the intake of processed food items in Middle East & Africa will further elevate the market expansion. North America peracetic acid industry, which amassed a revenue of more than USD 176.3 million in 2016, is foreseen to observe a strong growth over the coming timeline. Rapidly expanding water treatment sector is predicted to make significant contributions towards the industry revenue.

Peracetic Acid Market graph is expected to observe an upward trend over the coming years, subject to escalating product application in the agriculture, food & beverages, medical, pulp & paper bleaching, and water treatment sectors. Rampant use of the product as an antimicrobial agent is expected to create lucrative growth prospects for the business players and help them in exploring the rising growth potential of peracetic acid market. Growing end-user preference for green and sustainable products to maintain a clean environment will further drive the market trends. According to Global Market Insights, Inc., “Peracetic acid industry, which was estimated at USD 485 million in 2016, is expected to accrue a revenue of more than USD 850 million by 2024.”

Make an Inquiry before buying @ https://www.gminsights.com/inquiry-before-buying/1524

Peracetic products are basically classified as distilled grade and solution grade products, based on the type and number of catalysts used. While solution grade products dominated peracetic acid market in 2016, distilled grade products are also on their way to experience a renewed traction over 2017-2024. These products are used heavily across the F&B, wastewater treatment, medical, paper & pulp, and agricultural sectors.

Speaking along similar lines, the F&B sector exerted its dominance on the overall peracetic acid industry in 2016, and is expected to grow at a remarkable rate over the years ahead. This growth can be credited to a plethora of factors, including the massive growth of the F&B sector, changing consumer preferences, and the rising consumer consciousness regarding hygiene and sanitization. Peracetic acid products act as a highly effective sterilant against viruses, bacteria, yeasts, and fungi. The brewing industry is also a primary business sphere incorporating the usage of peracetic acid products, owing to the fact they ensure protection against microbial contamination.

Request for a Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/1524

Water treatment applications are expected to grow at a cumulative rate of more than 7% over the coming seven years, driven by the eco-friendly & low toxic nature of the product along with its ability to disinfect recycled water.

High clean water requirements for industrial and household purposes are expected to drive peracetic acid market share in the water treatment sector in the future. Pulp and paper bleaching applications are also expected to contribute significantly toward peracetic acid market revenue over the coming timeline, subject to rising product popularity in bleaching fiber to provide better whitening over hypochlorite bleaching. Furthermore, the product also helps in retaining a large proportion of the chemicals such as biocides and optical brighteners during the bleaching process, thereby reducing the pulp and paper bleaching costs.

Peracetic Acid Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.3.2. Distributor channel analysis
3.4. Industry impact forces
3.4.1. Growth drivers
3.4.1.1. Increased product demand in food and beverage industry
3.4.1.2. Environment friendly traits of the product
3.4.2. Industry pitfalls & challenges
3.4.2.1. Health hazards associated with continuous exposure to the product
3.5. Growth potential analysis
3.6. Regulatory trends
3.6.1. U.S.
3.6.2. Europe
3.6.3. China
3.7. Porter’s analysis
3.8. Company market share analysis, 2016
3.8.1. Strategy dashboard
3.8.2. Patent landscape
3.9. PESTEL analysis
3.10. Regional price trends
3.10.1. Cost structure analysis
3.10.2. Raw material trends

View a summary and Industry Analysis Report @ https://www.gminsights.com/industry-analysis/peracetic-acid-market

Peracetic acid industry is highly consolidated with only a few market players contributing nearly 94% towards the global market share. SEITZ GmbH, Ecolab Incorporation, Loeffler Chemical Corporation, Evonik Industries, Mitsubishi Gas Chemical Company Incorporation, Hydrite Chemical Company, Kemira Oyj, Acuro Organics Limited, Enviro Tech Chemical Services Incorporation, Peroxychem LLC, Diversey Incorporation, Solvay S.A., Thai Peroxide Limited, and Airedale Chemical Company Limited are the major participants of peracetic acid market.

About Global Market Insights, Inc.
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

29L Atlantic Avenue, Suite L 105
Ocean View Delaware 19970 United States
Email: sales@gminsights.com

This release was published on openPR.