Rising Demand for Peracetic Acid

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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

Because peracetic acid is increasingly being used as an antibacterial agent in the food and beverage industry worldwide, the market for peracetic acid is expanding steadily in a northerly direction. In the food and beverage business, it is commonly used to preserve food for an extended period of time. Additionally, the need for food packaging is rising due to changing global eating patterns, fast population increase, and changing lifestyles. These factors are anticipated to support the growth of the peracetic acid market over the projected period.

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 forPeracetic Acid market and its component manufacturers over the next decade.

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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 thePeracetic Acid market analysis report. The manufacturing bases, capacity, production, factory prices, revenues, and market share of each manufacturer in thePeracetic Acid market are examined in the report.

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 % 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 % of the time. They are therefore frequently employed in high purity water treatment procedures for the production of medical devices.
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. It is therefore extensively utilized in the food and beverage industries all over the world. Peracetic acid solutions are used to sanitize food containers in order to preserve beverages during the manufacturing process. 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
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

Table of content for the Peracetic Acid  Market includes: 

Part 01: Executive Summary

Part 02: Scope of thePeracetic Acid Market Report

Part 03:Peracetic Acid Market Landscape

Part 04:Peracetic Acid Market Sizing

Part 05:Peracetic Acid Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Regional Analysis

ThePeracetic Acid market report comprises an extensive analysis of thePeracetic 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 thePeracetic Acid Market Report are:

  • What isPeracetic Acid Market?
  • What is the forecast period of thePeracetic Acid Market?
  • What is the competitive scenario of thePeracetic Acid market?
  • Which region held the largest market share in thePeracetic Acid Market?
  • What are the opportunities for thePeracetic Acid Market?
  • What are the restraining factors in thePeracetic Acid market?
  • Who are the key players of thePeracetic Acid market?

Key offerings:

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

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