The $0.8 billion Peracetic Acid market offers strong growth prospects for companies manufacturing and distributing the products. The report presents market trends, growth outlook, business opportunities, and market size forecasts by different applications including Disinfectants, Sanitizers, Sterilant, and others. Further, the demand outlook for end-users of peracetic acid across Food and Beverages, Waste Water Treatment, Paper and Pulp, Healthcare, Oil and Gas, and others are provided in the report. Further, ten leading Peracetic acid companies are profiled in the report. The market size outlook of leading countries is forecast through 2030.
Peracetic Acid Market Size Outlook (US$ Billion) and Growth Forecasts (%), 2021- 2030
The growing demand for peracetic acid (PAA) is encouraging companies to develop a range of formulations to meet the demand from diverse end-user industries including medical, food and drink, animal biosecurity, and industrial laundry. It is an effective biocide and oxidizing agent used across the food and non-food industries for the removal of bacteria, fungi, and viruses and kills pathogens. Versatile PAA solutions are in huge demand in the Asia Pacific and other markets, throughout the shelf life of the products and also assist in extending the product life in the food industry. Further, the COVID-19 pandemic period led to robust demand for medical applications such as sterilizing medical devices and equipment, pharmaceuticals, and instruments.
The global Peracetic Acid market size stood at $0.8 billion in 2022. Further, strong end-user industry demand is driving the market outlook. From 2023 to 2030, the Peracetic Acid market is likely to register a steady revenue increase at a compounded annual growth rate of 7.73 percent to reach $1.5 billion by 2030.
Peracetic Acid Market Share Analysis- Disinfectant demand led to a sharp increase in Paracetic Acid consumption
Peracetic Acid (PAA) is a powerful and sustainable sanitizer being opted for across industries. In addition to widespread use in the food and beverage industry, animal health and welfare, industrial laundries, irrigation systems and to avoid bio-fouling in the paper and pulp industry. The bio-degradable product is marketed by companies focusing on specific industry applications. Among different applications of the global USD 772 million Peracetic acids, disinfectants are the leading users with over 50% market share. Further, sanitizers contributed 25% to the global Peracetic acid market size while sterilants accounted for 13.1% of the global market.
Peracetic Acid Market Trends- Promising application of Peracetic acid in wastewater treatment application
The wastewater treatment industry is one of the largest markets worldwide with an estimated market size of over USD 260 billion. Driven by the potential advantages of Peracetic acid in the treatment of wastewater as a biocide for inhibiting the growth of microbial organisms encourages market potential. Industrial segments continue to use large volumes of Peracetic acid to treat industrial effluents. Wastewater treatment applications accounted for the third largest share of 12% in the global Peracetic acid market size.
Peracetic Acid Market Segmentation
Applications
End Users
Companies
1. Executive Summary
1.1 Introduction to Peracetic Acid Markets
1.2 Peracetic Acid Market Size Outlook, 2021- 2030
1.3 Growth Opportunities in Peracetic Acid Industry
1.4 Winning Strategies for the post-pandemic future
2. Report Guide
2.1 Market Definition and Scope
2.2 Market Segmentation
2.3 Research Methodology
2.4 Forecast Methodology
2.5 List of Abbreviations
3. Growth Opportunity Analysis
3.1 Key Peracetic Acid Market Trends
3.1.1 Emphasis on expanding into niche markets
3.1.2 Packaged food market supports the use of PAA in the Food Disinfection market
3.1.3 A promising application of Peracetic acid in wastewater treatment application
3.2 Key Peracetic Acid Market Growth Drivers
3.2.1 Demand for wastewater treatment
3.2.2 Rapid adoption in emerging Asia-Pacific countries
3.2.3 Rapidly penetrating chlorine-based chemicals market
3.3 Key Peracetic Acid Market Growth Restraints
3.3.1 Raw material prices
3.3.2 Increasing demand for UV-disinfection
3.3.3 Low awareness restricts widespread adoption
4 Peracetic Acid Market Outlook – Scenario Analysis
4.1 Low Growth Case Scenario Forecasts: Peracetic Acid Market Size Outlook to 2030
4.2 Reference Growth Case Scenario Forecasts: Peracetic Acid Market Size Outlook to 2030
4.3 High Growth Case Scenario Forecasts: Peracetic Acid Market Size Outlook to 2030
5. Peracetic Acid Market Segmentation- Outlook by Application
5.1 Peracetic Acid Market Share Analysis by Application, 2023
5.2 Disinfectants: Market Outlook to 2030
5.3 Sanitizers: Market Outlook to 2030
5.4 Sterilants: Market Outlook to 2030
5.5 Others
6. Peracetic Acid Market Segmentation- Outlook by End-Users
6.1 Peracetic Acid Market Share Analysis by End-Users, 2023
6.2 Food and Beverages: Peracetic Acid Market Outlook to 2030
6.3 Waste Water Treatment: Peracetic Acid Market Outlook to 2030
6.4 Paper and Pulp: Peracetic Acid Market Outlook to 2030
6.5 Healthcare: Peracetic Acid Market Outlook to 2030
6.6 Oil and Gas: Peracetic Acid Market Outlook to 2030
6.7 Others
7. North America Peracetic Acid Market Outlook and Opportunities to 2030
7.1 Market Snapshot, 2023
7.2 North America Peracetic Acid Market Growth Opportunities
7.2.1 North America Peracetic Acid Market Outlook by Type, 2021 to 2030
7.2.2 North America Peracetic Acid Market Outlook by Application, 2021 to 2030
7.2.3 North America Peracetic Acid Market Outlook by Country, 2021 to 2030
7.3 United States Peracetic Acid Market Outlook, 2021 to 2030
7.4 Canada Peracetic Acid Market Outlook, 2021 to 2030
7.5 Mexico Peracetic Acid Market Outlook, 2021 to 2030
8. Europe Peracetic Acid Market Outlook and Opportunities to 2030
8.1 Market Snapshot, 2023
8.2 Europe Peracetic Acid Market Growth Opportunities
8.2.1 Europe Peracetic Acid Market Outlook by Type, 2021 to 2030
8.2.2 Europe Peracetic Acid Market Outlook by Application, 2021 to 2030
8.2.3 Europe Peracetic Acid Market Outlook by Country, 2021 to 2030
8.3 Germany Peracetic Acid Market Outlook, 2021 to 2030
8.4 France Peracetic Acid Market Outlook, 2021 to 2030
8.5 United Kingdom Peracetic Acid Market Outlook, 2021 to 2030
8.6 Spain Peracetic Acid Market Outlook, 2021 to 2030
8.7 Italy Peracetic Acid Market Outlook, 2021 to 2030
8.8 Other Europe Peracetic Acid Market Outlook, 2021 to 2030
9. Asia Pacific Peracetic Acid Market Outlook and Opportunities to 2030
9.1 Market Snapshot, 2023
9.2 Asia Pacific Peracetic Acid Market Growth Opportunities
9.2.1 Asia Pacific Peracetic Acid Market Outlook by Type, 2021 to 2030
9.2.2 Asia Pacific Peracetic Acid Market Outlook by Application, 2021 to 2030
9.2.3 Asia Pacific Peracetic Acid Market Outlook by Country, 2021 to 2030
9.3 China Peracetic Acid Market Outlook, 2021 to 2030
9.4 Japan Peracetic Acid Market Outlook, 2021 to 2030
9.5 India Peracetic Acid Market Outlook, 2021 to 2030
9.6 South Korea Peracetic Acid Market Outlook, 2021 to 2030
9.7 Indonesia Peracetic Acid Market Outlook, 2021 to 2030
9.8 Other Asia Pacific Peracetic Acid Market Outlook, 2021 to 2030
10. South and Central America Peracetic Acid Market Outlook and Opportunities to 2030
10.1 Market Snapshot, 2023
10.2 South and Central America Peracetic Acid Market Growth Opportunities
10.2.1 South and Central America Peracetic Acid Market Outlook by Type, 2021 to 2030
10.2.2 South and Central America Peracetic Acid Market Outlook by Application, 2021 to 2030
10.2.3 South and Central America Peracetic Acid Market Outlook by Country, 2021 to 2030
10.3 Brazil Peracetic Acid Market Outlook, 2021 to 2030
10.4 Argentina Peracetic Acid Market Outlook, 2021 to 2030
10.5 Other Latin America Peracetic Acid Market Outlook, 2021 to 2030
11. Middle East and Africa Peracetic Acid Market Outlook and Opportunities to 2030
11.1 Market Snapshot, 2023
11.2 Middle East and Africa Peracetic Acid Market Growth Opportunities
11.2.1 Middle East and Africa Peracetic Acid Market Outlook by Type, 2021 to 2030
11.2.2 Middle East and Africa Peracetic Acid Market Outlook by Application, 2021 to 2030
11.2.3 Middle East and Africa Peracetic Acid Market Outlook by Country, 2021 to 2030
11.3 Saudi Arabia Peracetic Acid Market Outlook, 2021 to 2030
11.4 United Arab Emirates (the UAE) Peracetic Acid Market Outlook, 2021 to 2030
11.5 Other Middle East Peracetic Acid Market Outlook, 2021 to 2030
11.6 Egypt Peracetic Acid Market Outlook, 2021 to 2030
11.7 South Africa Peracetic Acid Market Outlook, 2021 to 2030
11.8 Other Africa Peracetic Acid Market Outlook, 2021 to 2030
12. Profiles of major world Peracetic Acid Companies
12.1 Solvay SA
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
12.2 Evonik Industries Inc
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
12.3 Mitsubishi Corp
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
12.4 Ecolab Inc
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
12.5 Kemira OYJ
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
12.6 Christeyns
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
12.7 Jubilant Life Sciences
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
12.8 Seitz GmbH
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
- Financial Profile
13. Appendix
13.1 Publisher’s Expertise
13.2 List of Tables and Charts
13.3 List of Exhibits
13.4 Legal Disclaimer
Rapid adoption in emerging Asia Pacific countries, rapidly penetrating chlorine-based chemicals market, Emphasis on expanding into niche markets, Packaged food market supports the use of PAA in the Food Disinfection market, a promising application of Peracetic acid in wastewater treatment application, and others.
The global Peracetic Acid market size stood at $0.8 billion in 2022.
From 2023 to 2030, the Peracetic Acid market is likely to register a steady revenue increase at a compounded annual growth rate of 7.73 percent to reach $1.5 billion by 2030.
Solvay SA, Evonik Industries Inc, Mitsubishi Corp, Ecolab Inc, Kemira OYJ, Christeyns, Jubilant Life Sciences, Seitz GmbH, and others.
Demand for wastewater treatment in emerging countries presents robust market prospects