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

The Peracetic Acid Market is expected to register a CAGR of 7% from 2024 to 2031, with a market size expanding from US$ XX Million in 2023 to US$ XX Million by 2031.

The peracetic acid market report is segmented by application (sanitization, sterilization, disinfection, and others). The market is segmented based on end use (water treatment, healthcare, pulp and paper, chemical intermediate, food and beverage, livestock and aquaculture, and others). The market size and forecast at global, regional, and country levels for all the key market segments are covered under the scope. The report offers the value in USD for the above analysis, segments, regions, and countries. The report covers market trends, as well as market dynamics such as drivers, restraints, and key opportunities. The report also covers industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the market.

Purpose of the Report

The report Peracetic Acid Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

• Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
• Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
• Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Peracetic Acid Market Segmentation

Application

• Sanitization
• Sterilization
• Disinfection

End Use

• Water Treatment
• Healthcare
• Pulp and Paper
• Chemical Intermediate
• Food and Beverage
• Livestock and Aquaculture

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Peracetic Acid Market Growth Drivers

• Increasing Demand in Disinfection: The rising need for effective disinfection, particularly in food and beverage, healthcare, and water treatment industries, is driving the market for peracetic acid. Its powerful antimicrobial properties make it an ideal choice for sanitization, boosting its demand in sectors requiring strict hygiene standards.
• Sustainability and Environmentally Friendly Solutions: Peracetic acid is gaining traction as an environmentally friendly alternative to traditional disinfectants, as it breaks down into acetic acid and oxygen without leaving harmful residues. This eco-friendly profile is driving demand in industries focused on reducing environmental impact, such as agriculture, food processing, and water treatment.
• Growth in Food Safety Regulations: Stricter food safety regulations are driving the demand for peracetic acid, particularly for sanitizing and disinfecting food contact surfaces and processing equipment. Its effectiveness against a broad spectrum of pathogens and ability to meet hygiene standards in food production is fueling its adoption in the food industry.

Peracetic Acid Market Future Trends

• Shift Towards Green Chemistry: The trend towards green chemistry is influencing the peracetic acid market, as it is produced from natural substances like hydrogen peroxide and acetic acid. This aligns with the demand for safer, sustainable alternatives in industries such as food processing, agriculture, and water treatment.
• Increasing Use in Healthcare and Pharmaceuticals: Peracetic acid is increasingly being used in healthcare and pharmaceutical industries for sterilization and surface disinfection. With the growing focus on infection control in hospitals, clinics, and laboratories, its role in maintaining strict hygiene standards in medical environments is a key trend.
• Integration with Advanced Water Treatment: Peracetic acid is gaining popularity in water treatment applications, particularly for municipal and industrial water disinfection. Its ability to degrade organic pollutants and kill pathogens efficiently makes it a preferred choice for enhancing water quality, contributing to the growing trend of advanced, eco-friendly water treatment technologies.

Peracetic Acid Market Opportunities

• Growth in Organic Farming: The rise in organic farming and the need for natural pest control methods present an opportunity for peracetic acid. As an environmentally safe solution for sanitizing crops and controlling microbial growth, peracetic acid offers organic farmers a viable alternative to chemical pesticides and fungicides.
• Expansion in Food Processing: Peracetic acid’s effectiveness in controlling microbial contamination offers significant opportunities in the growing food processing industry. With increasing consumer demand for safe and organic food products, peracetic acid can be used to enhance food safety and quality in meat, dairy, and fresh produce sectors.
• Development of New Applications: There are opportunities for expanding the use of peracetic acid in emerging sectors such as bioremediation and wastewater treatment. As the demand for efficient environmental solutions grows, peracetic acid’s ability to treat organic waste and decompose harmful substances presents untapped potential in environmental and waste management industries.

Peracetic Acid Market Regional Insights

The regional trends and factors influencing the Peracetic Acid Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Peracetic Acid Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Peracetic Acid Market Report Scope

Peracetic Acid Market Players Density: Understanding Its Impact on Business Dynamics

The Peracetic Acid Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the Peracetic Acid Market are:

1. SOLVAY SA
2. STOCKMEIER Chemie Eilenburg GmbH and Co. KG
3. Evonik Industries AG
4. MITSUBISHI GAS CHEMICAL COMPANY INC.
5. Kemira Oyj

Disclaimer: The companies listed above are not ranked in any particular order.

Key Selling Points

• Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Peracetic Acid Market, providing a holistic landscape.
• Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
• Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
• Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

The research report on the Peracetic Acid Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.