Peroxyacetic Acid Market: Information, Analytical Insights and growth 2018 – 2027

Peroxyacetic acid is also known as peracetic acid or PAA, is an organic compound having a formula of CH3CO3H which is a colorless and highly acidic liquid. In the manufacturing process of peroxyacetic acid acetic acid and hydrogen peroxide are used as principal constituent. Compared to parent acetic acid peroxyacetic acid is weaker acid.

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Global peroxyacetic acid market for Sanitizer has seen a remarkable growth over the last decade and it is expected to witness the same growth during the forecast period. Sanitizer plays a crucial role in preventing and destroying microorganisms, bacterial and fungal infection from food and other non-living object. Peroxyacetic acid is predominantly used in wide range of applications ranging from food, healthcare, waste water treatment, paper & pulp and many other industrial applications. Food is one of the major application where the demand for sanitizer has increased to keep food hygienic, healthy and durable. The increased demand is majorly driven by huge populations’ preference is shifting towards packaged, frozen and preservative food. However, has created an ample demand of sanitizer. Moreover, from the water treatment industry, sanitizer is used to remove contaminants from water and helps in purifying process.

Europe and North America holds the major market share in global sanitizer market share for peroxyacetic acid. The demand for sanitizer has been increasing in these region due the driving factors such as increasing usage of peroxyacetic acid over other biocides, growing population and increasing demand for packaged food. Additionally, Asia-Pacific region has witnessed fastest growing region, where the contribution of China, Japan, Korea and other have fuelled the demand for peroxyacetic acid.

Market Research future through this report aims to provide understanding of the Global Peroxyacetic Acid Market for sanitizer and also assists identification of ongoing trends along with anticipated growth during the forecasted period. For this report, extensive primary research was conducted to gain a deeper insight of the market performance. Various industry experts and Key Opinion Leaders (KOLs) were contacted and interviewed to get an idea of global market.

List of Tables
Table 1 Global Sanitizer Market: By Regions, 2014-2027 (Usd Million) 8
Table 2 Global Sanitizer Market: By Regions, 2014-2027 (Kt) 9
Table 3 North America Sanitizer Market: By Country, 2014-2027 (Usd Million) 10
Table 4 North America Sanitizer Market: By Country, 2014-2027 (Kt) 10
Table 5 Europe Sanitizer Market: By Country, 2014-2027 (Usd Million) 12
Table 6 Europe Sanitizer Market: By Country, 2014-2027 (Kt) 12
Table 7 Asia-Pacific Sanitizer Market, 2015 (Usd Million) 13
Table 8 Asia-Pacific Sanitizer Market: By Country, 2014-2027 (Usd Million)
Table 9 Asia-Pacific Sanitizer Market: By Country, 2014-2027 (Kt)

List of Figures
Figure 1 Global Sanitizer Market Share For Peroxyacetic Acid: By Regions, 2015 (% Share)
Figure 2 Global Sanitizer Market: By Region, 2015 (Usd Million)
Figure 3 North America Sanitizer Market Share For Peroxyacetic Acid: By Regions, 2015 (% Share)
Figure 4 North America Sanitizer Market, 2015 (Usd Million) 10
Figure 5 Europe: Sanitizer Market Share For Peroxyacetic Acid: By Region, 2015 (% Share)
Figure 6 Europe Sanitizer Market, 2015 (Usd Million)
Figure 7 Asia-Pacific Sanitizer Market Share For Peroxyacetic Acid: By Region, 2015 (% Share)

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Browse similar research report of “Europe Peroxyacetic Acid Market – Forecast to 2027”

In the global peroxyacetic acid market, Europe region holds the largest market in terms of value whereas rank second in terms of volume. European market for peroxyacetic acid is growing at a rapid pace due to the established economies such as Germany, UK, France, Spain, Italy and others. European peroxyacetic market has seen a remarkable growth over the past few years. The major factors that have fuelled the demand in Europe peroxyacetic acid market are growing preference of preservative food, increasing demand of hygienic food, growing demand for purified water and others. Moreover, EU commission has approved the usage of peroxyacetic acid for six different uses such as human hygiene disinfectants, veterinary hygiene disinfectants, food and feed disinfectants, drinking water disinfectants, preservatives for products during storage and among others. However, these driving factors have fuelled the demand of peroxyacetic acid. Hence, the manufacturers have increased the production capacity to meet the current as well as future demand.

Europe has coved the market share of around 29% in terms of value in 2015. This market is expected to grow at a CAGR of 7.21%. Additionally, European peroxyacetic acid market is a very dynamic market and is expected to witness a high growth in coming five years. The demand of peroxyacetic acid is expected to be determined by growing food demand, rising population and rising preference for clean water. Furthermore, increasing demand for packaged food has also boosted the demand of peroxyacetic acid. Moreover, citing the demand and potentials of peroxyacetic acid, the governments of various countries are also providing funds and grants for developing new and advanced technology for peroxyacetic acid. However, fluctuating raw material prices and lack of product knowledge are some factors which can hinder the growth of the market up to some extent.

Market Research future through this report aims to provide understanding of the Europe peroxyacetic acid market and also assists identification of ongoing trends along with anticipated growth during the forecasted period. For this report, extensive primary research was conducted to gain a deeper insight of the market performance. Various industry experts and Key Opinion Leaders (KOLs) were contacted and interviewed to get an idea of Europe market.

Browse Full Report @ https://www.marketresearchfuture.com/statistical-reports/europe-peroxyacetic-acid-market-2945 .

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