Peracetic Acid Market Valued at $939.34 Million

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Peracetic Acid Market size was valued at USD 939.34 Mn. in 2023 and the total revenue is expected to grow at a CAGR of 9.2% through 2024 to 2030, reaching nearly USD 1826.16 Mn.

Peracetic Acid Market Dynamics

The peracetic acid market is growing robustly, driven by its increasing application in various sectors, including food and beverage, healthcare, and water treatment. Its strong antimicrobial properties make it a popular choice for disinfection and sterilization, particularly in the food industry to ensure safety and extend shelf life. The rising need for effective and environmentally friendly sanitization solutions is fueling demand. Additionally, the growing focus on public health and hygiene, coupled with stringent regulatory standards for food safety and water quality, is contributing to market growth. However, challenges such as the handling and storage of peracetic acid due to its corrosive nature and potential safety concerns need to be managed. Despite these hurdles, technological advancements and the expanding application range are expected to drive significant growth in the market.

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Peracetic Acid Market Scope
Import and export consumption, supply and demand chain, costs, shares, sales volumes, revenues, and gross profits are covered in the Peracetic Acid market analysis report. The manufacturing bases, capacity, production, factory prices, revenues, and market share of each manufacturer in the Peracetic Acid market are examined in the report.

Peracetic Acid  Market Overview
Maximize Market Research, a leading international business consultancy firm, has released its highly anticipated "Peracetic Acid  Market" Report, providing crucial insights into the market's potential in the Asia Pacific region. Despite economic challenges post the Covid lockdown period, the market has showcased resilience and an upward trend. The report positions the Asia Pacific region as a lucrative opportunity for Peracetic Acid  market and its component manufacturers over the next decade.

 

Peracetic Acid Market Segmentation

by Grade

Less than 5% Grade
5%-15% Grade
Greater than 15% Grade
by Application

Disinfectant
Sterilant
Sanitizer
Others

The peracetic acid market is divided into categories such as disinfectant, sterilizer, sanitizer, and others based on the application. In 2023, the Disinfectant segment accounted for x% of the market, the biggest share. Food is shielded from bacteria and germs by peracetic acid. When compared to standard solutions, peracetic acid solutions enable disinfections to occur more quickly than x% of the time.
by End User

Healthcare
Water treatment
Food Beverage
Pulp and paper
Others

The peracetic acid market is divided into segments according to the end user, including pulp and paper, food and beverage, water treatment, and healthcare. In 2023, the Food Beverage category accounted for % of the market, which was the highest share. Peracetic acid is an excellent antibacterial agent that has favorable effects on the environment.

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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
15.Helios Group
16.Christeyns
17.Promox S.P.A
18.SEITZ GmBH
19.Jubilant Life Sciences
20.Sopura
21.FMC Corporation
22.Hydrite Chemical Company

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Regional Analysis
The Peracetic Acid market report comprises an extensive analysis of the Peracetic Acid industry across five primary world regions are Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America. It delves into the market's key geographies and highlights notable segments and sub-segments within the industry.


Key Questions answered in the Peracetic Acid Market Report are:
• What is Peracetic Acid Market?
• What is the forecast period of the Peracetic Acid Market?
• What is the competitive scenario of the Peracetic Acid market?
• Which region held the largest market share in the Peracetic Acid Market?
• What are the opportunities for the Peracetic Acid Market?
• What are the restraining factors in the Peracetic Acid market?
• Who are the key players of the Peracetic Acid market?


Key offerings:
• Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
• Market Segmentation: A detailed analysis by Peracetic Acid
• Landscape- Leading key players and other prominent key players.

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