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PERACETIC ACID MARKET ANALYSIS

Peracetic Acid Market, By Grade (Less than 5% Grade, 5-15% Grade, and Greater than 15% Grade), By Application (Disinfectant, Sterilant, Sanitizer, and Others), By End User (Food and Beverages, Pulp and Paper Bleaching, Water Treatment, Healthcare, Agriculture, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Key Developments

  • In 2023, Evonik launches EPA-registered VIGOROX Trident for water quality control in aquaculture
  • In April 2020, Solvay, a multinational chemical company launched Proxitane AHC against Covid-19. It is a concentrated liquid disinfectant composed of peracetic acid and hydrogen peroxide
  • In February 2020, Evonik acquired Peroxy Chem (US) for US$ 640 million. Peroxy Chem produces hydrogen peroxide (H2O2) and peracetic acid (PAA), making it suitable for high-margin special applications. This acquisition opens up further growth opportunities for Evonik, especially in the environmentally friendly disinfectant market
  • In 2020, Pilot Chemical and its subsidiary Mason Chemical Company have launched several new peracetic acid-based products

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