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 Overview
Maximize Market Research publishes reports that help clients gain a comprehensive understanding of the Peracetic Acid Market structure. These reports are a combination of primary and secondary research, and they provide information on a wide range of topics, including trade statistics, leading players, and market metrics.
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Peracetic Acid Market Report Scope and Research Methodology
The report provides business statistics and analytical insights in plain language to help readers understand the Peracetic Acid market size, market share, growth, trends, demand, top players, industry profile, opportunities, value chain, end-users, types, and applications. The bottom-up approach was used to estimate the global and regional Peracetic Acid market size. Both primary and secondary research methodologies were used to clearly present the Peracetic Acid market structure. In the secondary research method, data was collected from a selected set of sources. This method was used to gather information on Peracetic Acid key players and current and past trends in the industry. The information gathered through secondary research was validated using the primary research method, in which Peracetic Acid industry experts were interviewed. The report also includes growth opportunities in micro and macro markets for stakeholders to invest in, with a detailed analysis of the competitive landscape and significant Peracetic Acid competitors’ product offerings. SWOT analysis was used to provide insights into the strengths and weaknesses of the Peracetic Acid market.
Peracetic Acid Market Regional Analysis
The report has been segmented into many key countries. This section provides a detailed analysis of the Peracetic Acid market in all the regions with their key countries including market size, CAGR, and import and export. The regions and their countries studied are:
- North America- U.S., Canada, Mexico
- Europe- UK, Germany, France, Spain, Rest of Europe
- Asia Pacific- China, India, Japan, Australia, South Korea, Asian Countries, Rest of APAC
- South America- Brazil
- Middle East and Africa.
Peracetic Acid Market Segmentation
The peracetic acid market is divided into disinfectant, sterilant, sanitizer, and others based on end-use. In 2022, the disinfectant market category accounted for 37% of the total market. Food is shielded from bacteria and germs by peracetic acid. In comparison to conventional are solutions, peracetic acid solutions enable more than 95% faster disinfection. They are therefore frequently utilised in high purity water treatment procedures for the production of medical devices, poultry processing facilities, and food processing services. For instance, the China Food Industry (CFI) reports that in 2022, 1.8 million bottles of disinfection solution and more than 1500 tonnes of fresh and packaged food were sold.
The peracetic acid market is divided into healthcare, water treatment, food and beverage, pulp and paper, and others based on application. In 2022, the Food & Beverage segment accounted for 31% of the market. Peracetic acid functions as an antibacterial agent and has many advantages in addition to being environmentally friendly. It is therefore frequently utilised worldwide in the food and beverage industries. Peracetic acid solutions are used to sterilise food containers in order to safeguard drinks during manufacture. The market expansion for this category is anticipated to be driven by the increased use of peracetic acid in the food and beverage industry.
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Peracetic Acid Market Key Players
1. Ecolab Inc.
2. Mitsubishi Gas Chemical Company Inc.
3. Diversey Inc.
4. Kemira Oyj
5. Evonik Industries
6. Acuro Organics Ltd.
7. Thai Peroxide Ltd.
8. PeroxyChem LLC
9. Solvay S.A.
10.Enviro Tech Chemical Services Inc.
11.Loeffler Chemical Corporation
12.Hydrite Chemical Co.
13.Airedale Chemical Company Ltd
14.Aditya Birla Chemicals
19.Jubilant Life Sciences
22.Hydrite Chemical Company
Key Questions answered in the Peracetic Acid Market Report are:
- What is Peracetic Acid?
- What will be the CAGR of the Peracetic Acid market during the forecast period?
- Which segment of the Peracetic Acid market held the largest share of the global market in 2022?
- What trends are expected to generate additional revenue for the Peracetic Acid market?
- What are the opportunities for the Peracetic Acid Market?
- What factors are driving the Peracetic Acid market growth?
- What factors are restraining the Peracetic Acid market growth?
- Which company held the largest share in the Peracetic Acid market?
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segments with their sub-segments and region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
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