Peracetic acid is an organic compound that is produced through the mixture of acetic acid and hydrogen peroxide. It has strong oxidation properties due to which it is commonly used as a bleaching agent and sanitizer. Peracetic acid’s effectiveness in disinfecting and sterilizing surfaces makes it widely applicable across industries such as food & beverages, healthcare, water treatment, and others. Rising concerns regarding safety, hygiene, and environmental protection have stimulated the demand for peracetic acid as an alternative to chlorine-based disinfectants. Growing applications in industrial wastewater treatment coupled with stringent regulations supporting the use of environment-friendly biocides are fueling the global peracetic acid market growth.

Market Dynamics:

The global peracetic acid market is driven by factors such as growth of end-use industries, rising hygiene standards, and stringent regulations promoting the use of eco-friendly sanitizers. The food industry is a major consumer as PAA helps extend the shelf-life of food products and destroy harmful microbes. Additionally, increasing utilization of PAA in healthcare facilities for the disinfection of surfaces and sterilization of medical equipment is propelling the market forward. However, stringent transportation regulations due to its hazardous nature act as a restraint. On the positive side, emerging applications in household cleaners and expansion in wastewater treatment plants present key opportunities.

 Key Features of the Study:

• This report provides an in-depth analysis of the global peracetic acid market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
• It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global peracetic acid market based on the following parameters company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include Kemira Oyj, Solvay S.A., Promox S.p.A., Evonik Industries, Ecolab Inc., Thai Peroxide Limited, Mitsubishi Gas Chemical Company, Inc., PeroxyChem LLC, Diversey Inc., Aditya Birla Chemicals Ltd., Christeyns NV, Acuro Organics Limited, RX CHEMICALS, Swiss Chemi Pvt. Ltd, and Brainerd Chemical Company.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• The global peracetic acid market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global peracetic acid market.

Detailed Segmentation-

• By Grade:
  • Less than 5% Grade
  • 5-15% Grade
  • Greater than 15% Grade
• By Application:
  • Disinfectant
  • Sterilant
  • Sanitizer
  • Others
• By End User:
  • Food and Beverages
  • Pulp and Paper Bleaching
  • Water Treatment
  • Healthcare
  • Agriculture
  • Others
• By Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Company Profiles:

• Kemira Oyj
• Solvay S.A.
• Promox S.p.A.
• Evonik Industries
• Ecolab Inc.
• Thai Peroxide Limited
• Mitsubishi Gas Chemical Company, Inc.
• PeroxyChem LLC
• Diversey Inc.
• Aditya Birla Chemicals Ltd.
• Christeyns NV
• Acuro Organics Limited
• RX CHEMICALS
• Swiss Chemi Pvt. Ltd
• Brainerd Chemical Company