Press release
Peracetic Acid Market to exceed $850mn by 2024
Increased consumption of foodstuffs and beverages because of the rising population has led to the growth of the peracetic acid market. It is widely used as a disinfectant and cleanser in the food processing industry. The vulnerability of frozen foods to microbial infection has driven the demand for the product globally.
In terms of applications, food and beverage sector will hold the largest market share of more than 30% by 2024. The government regulations have also contributed to the product market development in the field of food and beverages. Blends of peracetic acid have been approved by U.S. FDA to be used as sanitizer on food contact surfaces.
Request for a sample of this research report @ http://bit.ly/2sVY52q
nnovation in chemical products has led the horticulture industries to become more vigilant for ensuring microbial safety, which has popularized the peracetic acid market application in agriculture. With the use of distilled peracetic acid, the overall costs can be reduced in pulp and paper making industry. However, the health hazards associated with incessant exposure to the product can impede the growth of the peracetic acid market.
The medical segment market revenue is assessed to exceed USD 35 million by 2024 in Europe, because of regulated healthcare segment and increased patient awareness. The product is used as a sterilant and disinfectant in dentures, tubes, syringes, plastic implants and other medical equipment.
The versatile nature and wide range of applications in different fields has boosted the demand for peracetic acid. Escalating demand of clean water for industrial and household applications will be a fundamental factor leading to the expansion of peracetic acid market in water treatment segment.
Make an Inquiry for purchasing this report @ http://bit.ly/2DRHfbK
The existence of latest technologies in manufacturing and a strong supply chain in China has led the peracetic acid market to boost at a robust pace. Rising demand of agrochemicals in agricultural sector will augment the product market in Asia Pacific. In Europe, the market for peracetic acid in pulp and paper bleaching sector is foreseen to surpass USD 40 million by 2024 due to soaring technological innovations such as use of sustainable technologies in pulp and paper sector. Rising consumption of processed food in Middle East and Africa will drive the product market. In countries such as U.S., Australia and Canada, there are strict regulations imposed on halogen based chemicals which has advocated the use of the acid.
The production capacity is limited worldwide and the product market is consolidated with key manufacturers such as Diversey Inc., Ecolab Inc., Kemira Oyj, Mitsubishi Gas Chemicals, Inc., Thai Peroxide Ltd., Solvay S.A., Peroxychem LLC and Evonik Industries. The companies exhibiting backward integration in this category are Mitsubishi Gas Chemical Company, Inc., Solvay S.A., etc.
Browse key industry insights spread across 118 pages with 143 market data tables & 11 figures & charts from the report, “Peracetic Acid Market Size By Product (Solution Grade, Distilled Grade), By End-user (Food & Beverages, Pulp & Paper Bleaching, Water Treatment, Medical, Agriculture), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC), Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/peracetic-acid-market
Chapter 4. Peracetic Acid Market, By Product
4.1. Peracetic acid market share by product, 2016 & 2024
4.2. Solution grade
4.2.1. Market estimates and forecasts, 2013 - 2024
4.2.2. Market estimates and forecasts by region, 2013 – 2024
4.3. Distilled grade
4.3.1. Market estimates and forecasts, 2013 - 2024
4.3.2. Market estimates and forecasts by region, 2013 – 2024
About Global Market Insights
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.
Global Market Insights, Inc.
29L Atlantic Avenue,
Suite L 105
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Peracetic Acid Market to exceed $850mn by 2024 here
News-ID: 909136 • Views: …
More Releases from Global Market Insights, Inc.
Hepatitis B Vaccine Market Set to Surpass $12 Billion by 2034
The global hepatitis B vaccine market is poised for significant expansion over the next decade, fueled by rising liver disease cases, expanded immunization coverage, and advancements in vaccine development. Valued at USD 6.7 billion in 2024, the market is projected to reach USD 7.3 billion in 2025 and surge to USD 12 billion by 2034, reflecting a healthy compound annual growth rate (CAGR) of 5.7%.
A major driver behind this growth…
Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health.
This in turn has led to a surge in demand for various functional foods…
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock.
According to Global Market Insights Inc estimates…
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight.
Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091
Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group…
More Releases for Peracetic
Peracetic Acid Market Trends and Future Opportunities 2024-2032
Peracetic Acid market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses and application dominance.
The Peracetic Acid market is expanding significantly due to technological breakthroughs and rising consumer demand for small, energy-efficient electronics. Compared to conventional packaging methods, this novel approach improves performance, lowers power consumption, and conserves…
Peracetic Acid Market Analysis by Size, Share, Growth, Trends
The report published by Allied Market Research reveals that the global peracetic acid market reached $0.9 billion in 2021 and is anticipated to hit $1.8 billion by 2031, marking a compound annual growth rate (CAGR) of 7.7% from 2022 to 2031. This comprehensive report delves into various aspects including winning strategies, evolving trends, market size estimations, value chain analysis, key investment opportunities, drivers, competitive landscape, and regional dynamics. It serves…
Peracetic Acid Market Trends And Forecast 2023-2030
Innovative Peracetic Acid: A Breakthrough in Biocides Industry:
Today, we introduce a groundbreaking biocide, Peracetic Acid, renowned for its efficacy in various industries. Comprising hydrogen peroxide and acetic acid, this agent, also known as Peroxyacetic Acid, is emerging as a top-tier sterilizing solution, particularly in the food industry.
Widely employed in equipment cleaning across industries, Peroxyacetic Acid, a white liquid with a pungent odor akin to acetic acid, offers exceptional acidic properties.…
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…
Peracetic Acid Market Size & Trends
According to a new market research report published by Global Market Estimates, the global peracetic acid market is projected to grow at a CAGR value of 7.6% from 2022 to 2027.
The market is expected to be driven market by the wide usage of peracetic acid (PAA) in water treatment companies, increased demand from food and beverage, pulp and paper cleaning, healthcare, and agriculture.
Browse 153 Market Data Tables and 113 Figures…
Global Peracetic Acid Depth Analysis Report 2019
Summary
Peracetic Acid Market status and forecast, categorizes the global market size (value & volume) by key players, type, application, and region.
The Report provide in-depth analysis and the best research material of the various market. This new report on the Global Peracetic Acid Market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts.
The Global…
