Peracetic Acid Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Peracetic acid or peroxyacetic acid is defined as an organic compound, which appears to be colorless liquid and have a pungent odor. This acid is used as an antimicrobial in several household as well as industrial processes, such as agricultural processes, food establishment, medical facilities, dairy processing plants and as a pasteurizers in breweries, wineries, and others. Moreover, it also finds its application as a disinfectant for medical supplies, and for prevention of biofilm formation in pulp industries. The demand for peracetic acid in increasing amongst food processing and beverage industries owing to diversification of application base.

MARKET DYNAMICS

The peracetic acid market has witnessed a significant growth owing to factors such as rise in water treatment procedures coupled with the approval from government from North American and European Region. However, high cost associated with the peracetic acid and the lack of knowledge of the product are the key factors projected to hamper the peracetic acid market growth over the projected period. Moreover, the primary trend followed in the peracetic acid market is diverisfication of application base across various industries.

MARKET SCOPE

The "Global Peracetic Acid Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the peracetic acid market with detailed market segmentation by grade, end user industry, application and geography. The global peracetic acid market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading peracetic acid market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global peracetic acid market is segmented on the basis of grade, application and end user industry. On the basis of grade, the peracetic acid market is segmented into solution grade and distilled grade. The peracetic acid market on the basis of the application is classified into disinfectant, sterilant, sanitizer and others. The peracetic acid market on the basis of the end user industry is classified into healthcare, food and beverage, water treatment, pulp and paper and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global peracetic acid market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The peracetic acid market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the peracetic acid market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the peracetic acid market in these regions.

MARKET PLAYERS

The reports cover key developments in the peracetic acid market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from peracetic acid market are anticipated to lucrative growth opportunities in the future with the rising demand for Peracetic acid in the global market. Below mentioned is the list of few companies engaged in the Peracetic acid market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the peracetic acid market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

- Airedale Chemical
- Ecolab Inc.
- Enviro Tech Chemical Services
- Evonik Industries Ag
- Jubilant Life Sciences
- Kemira Oyj
- Mitsubishi Gas Chemical Company
- National Peroxide Ltd.
- Peroxychem
- Solvay SA

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Peracetic Acid Report Scope