Peracetic Acid Market Research Report - Global Forecast till 2027

Peracetic Acid Market: Information by Application (Sanitizer, Disinfectant, Sterilant, Bleaching Agent, Oxidizer, Biocide, Polymerization Catalyst and others), End-Use Industry (Food & Beverage, Water Treatment, Healthcare, Pulp & Paper, Chemicals, Agriculture and others) and Region (North America, Europe, Asia-Pacific, Latin America and Middle East & Africa) - Forecast till 2027

ID: MRFR/CnM/6767-HCR | February 2021 | Region: Global | 140 pages

Please note that the assessment period of report has been updated from 2017−2025 to 2020-2027. Cordially fill the sample form for updated data.

Market Overview


The Global Peracetic Acid Market is estimated to reach a value of USD 1,181.2 Million by 2025, registering a CAGR of over 8%.


Peracetic acid, also known as peroxyacetic acid (PAA), is an organic compound with formula CH3CO3H. It is a colorless liquid with a strong vinegar-like odor. Peracetic acid is an equilibrium mixture of peracetic acid, hydrogen peroxide, acetic acid, and water available in various grades.


The widespread use of peracetic acid in the food & beverage industry is expected to be the major factor driving the growth of the global peracetic acid market. It is used as a bleaching agent for food starch as well as an antimicrobial agent for washing of poultry carcasses and fruits. The increasing inclination toward the use of peracetic acid as an antimicrobial solution instead of chlorine or quaternary amines used for reduction of pathogens in vegetables and fruits is projected to fuel the demand for peracetic acid. This is attributed to its high effectiveness as compared to chlorine or quaternary amines. When used for washing fruits and vegetables, the peracetic acid breaks down into non-toxic by-products, water, oxygen, and carbon dioxide. It is widely used for cleaning in place (CIP) and sanitization in place (SIP) as it ensures efficient and consistent cleaning process. Additionally, it saves resources as it disinfects at a low temperature, and is effective with a lower unit concentration compared to other commonly used biocides. Additionally, it is being used to sterilize finished packaging, i.e., aseptic packaging, especially PET bottles used in beverage bottling. Growing population, increasing working population, changing lifestyles, and eating habits have resulted in high demand for processed food across the globe. Moreover, the product has been approved by the US Food and Drug Administration (FDA) as a safe chemical for food protection, which is further expected to drive the demand for peracetic acid.


The other factors driving the demand for peracetic acid include its use as a bleaching agent and slimicide in the paper and textile industries, as a polymerization catalyst or co-catalyst in the polymer industry, and as an oxidizer in chemical synthesis.


However, exposure to peracetic acid can result in severe burns, allergy, and other hazardous health effects to the eyes, skin, and respiratory organs, which is projected to restrain the market growth during the forecast period.


Global Peracetic Acid Market, by End-Use Industry (%)  Peracetic Acid Market


Source: MRFR Analysis


Regional Analysis


The global peracetic acid market has been studied for five regions, namely Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.


Asia-Pacific emerged as the fastest growing regional market during the review period. This is due to the fast-paced industrialization and urbanization in the region, which has created numerous opportunities for the players in the food & beverage, water treatment, healthcare, and paper & pulp industries.


The European market accounted for the largest share on account of the high demand for the product in major end-use industries such as food & beverage, water treatment, healthcare, and pulp & paper. Germany, the UK, France, and Russia are some of the major contributors to the growth of the peracetic acid market in the region.


Segmentation


The global peracetic acid market has been segmented on the basis of application, end-use industry, and region.


On the basis of application, the market has been classified into sanitizer, disinfectant, sterilant, bleaching agent, oxidizer, biocide, polymerization catalyst, and others.


Bases on end-use industry, the global peracetic acid market has been segmented into food & beverage, water treatment, healthcare, pulp & paper, chemicals, agriculture, and others.


Key Players


Solvay (Belgium), Evonik Industries AG (Germany), Ecolab (US), Enviro Tech Chemical Services, Inc (US), MITSUBISHI GAS CHEMICAL COMPANY, INC (Japan), Jubilant Life Sciences Ltd (India), Aditya Birla Chemicals (India), ACURO ORGANICS LIMITED (India), Hydrite Chemical (US), Belinka Perkemija, d.o.o. (Solvenia), Promox (Italy), and Kemira Oyj (Finland).


Intended Audience



  • Peracetic acid manufacturers

  • Traders and distributors of peracetic acid

  • Research and development institutes

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratories



Frequently Asked Questions (FAQ) :


Global peracetic acid market is expected to record a substantial market valuation of USD 1.18 billion by 2025.

Global peracetic acid market is projected to register a moderate 8% CAGR in the forecast period.

The sanitizer segment is expected to observe substantial demand over the review period.

The water treatment segment is slated to expand as the fastest-growing segment.

A few eminent market players operating in the global peracetic acid market are Evonik Industries AG (Germany), Solvay (Belgium), Ecolab (US), among others.

Table of Contents

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Supply Chain Analysis

4.1.1 Raw Material Suppliers

4.1.2 Manufacturers/Producers

4.1.3 Distributors/Retailers/Wholesalers/E-Commerce

4.1.4 End Use

4.2 Porter’s Five Forces Analysis

4.2.1 Threat of New Entrants

4.2.2 Bargaining Power of Buyers

4.2.3 Bargaining Power of Suppliers

4.2.4 Threat of Substitutes

4.2.5 Intensity of Competitive Rivalry

5 Market Dynamics of Global Peracetic Acid Market

5.1 Introduction

5.2 Drivers

5.3 Restraints

5.4 Opportunities

5.5 Challenges

5.6 Trends/Technology

6. Global Peracetic Acid Market, by Application

6.1 Introduction

6.2 Sanitizer

6.2.1 Market Estimates & Forecast, 2020-2027

6.2.2 Market Estimates & Forecast, by Region, 2020-2027

6.3 Disinfectant

6.3.1 Market Estimates & Forecast, 2020-2027

6.3.2 Market Estimates & Forecast, by Region, 2020-2027

6.4 Sterilant

6.4.1 Market Estimates & Forecast, 2020-2027

6.4.2 Market Estimates & Forecast, by Region, 2020-2027

6.5 Bleaching Agent

6.5.1 Market Estimates & Forecast, 2020-2027

6.5.2 Market Estimates & Forecast, by Region, 2020-2027

6.6 Oxidizer

6.6.1 Market Estimates & Forecast, 2020-2027

6.6.2 Market Estimates & Forecast, by Region, 2020-2027

6.7 Biocide

6.7.1 Market Estimates & Forecast, 2020-2027

6.7.2 Market Estimates & Forecast, by Region, 2020-2027

6.8 Polymerization Catalyst

6.8.1 Market Estimates & Forecast, 2020-2027

6.8.2 Market Estimates & Forecast, by Region, 2020-2027

6.9 Others

6.9.1 Market Estimates & Forecast, 2020-2027

6.9.2 Market Estimates & Forecast, by Region, 2020-2027

7. Global Peracetic Acid Market, by End-Use Industry

7.1 Introduction

7.2 Food & Beverage

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast, by Region, 2020-2027

7.3 Water Treatment

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast, by Region, 2020-2027

7.4 Healthcare

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast, by Region, 2020-2027

7.5 Pulp & Paper

7.5.1 Market Estimates & Forecast, 2020-2027

7.5.2 Market Estimates & Forecast, by Region, 2020-2027

7.6 Chemicals

7.6.1 Market Estimates & Forecast, 2020-2027

7.6.2 Market Estimates & Forecast, by Region, 2020-2027

7.7 Agriculture

7.7.1 Market Estimates & Forecast, 2020-2027

7.7.2 Market Estimates & Forecast, by Region, 2020-2027

7.8 Others

7.8.1 Market Estimates & Forecast, 2020-2027

7.8.2 Market Estimates & Forecast, by Region, 2020-2027

8. Global Peracetic Acid Market, by Region

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast, by Application, 2020-2027

8.2.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.2.4 US

8.2.4.1 Market Estimates & Forecast, 2020-2027

8.2.4.2 Market Estimates & Forecast, by Application, 2020-2027

8.2.4.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.2.5 Canada

8.2.5.1 Market Estimates & Forecast, 2020-2027

8.2.5.2 Market Estimates & Forecast, by Application, 2020-2027

8.2.5.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.3 Europe

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast, by Application, 2020-2027

8.3.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.3.4 Germany

8.3.4.1 Market Estimates & Forecast, 2020-2027

8.3.4.2 Market Estimates & Forecast, by Application, 2020-2027

8.3.4.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.3.5 France

8.3.5.1 Market Estimates & Forecast, 2020-2027

8.3.5.2 Market Estimates & Forecast, by Application, 2020-2027

8.3.5.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.3.6 Italy

8.3.6.1 Market Estimates & Forecast, 2020-2027

8.3.6.2 Market Estimates & Forecast, by Application, 2020-2027

8.3.6.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.3.7 Spain

8.3.7.1 Market Estimates & Forecast, 2020-2027

8.3.7.2 Market Estimates & Forecast, by Application,2020-2027

8.3.7.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.3.8 UK

8.3.8.1 Market Estimates & Forecast, 2020-2027

8.3.8.2 Market Estimates & Forecast, by Application,2020-2027

8.3.8.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.3.9 Russia

8.3.9.1 Market Estimates & Forecast, 2020-2027

8.3.9.2 Market Estimates & Forecast, by Application,2020-2027

8.3.9.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.3.10 Poland

8.3.10.1 Market Estimates & Forecast, 2020-2027

8.3.10.2 Market Estimates & Forecast, by Application, 2020-2027

8.3.10.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.3.11 Rest of Europe

8.3.11.1 Market Estimates & Forecast, 2020-2027

8.3.11.2 Market Estimates & Forecast, by Application, 2020-2027

8.3.11.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.4 Asia-Pacific

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast, by Application, 2020-2027

8.4.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.4.4 China

8.4.4.1 Market Estimates & Forecast, 2020-2027

8.4.4.2 Market Estimates & Forecast, by Application, 2020-2027

8.4.4.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.4.5 India

8.4.5.1 Market Estimates & Forecast, 2020-2027

8.4.5.2 Market Estimates & Forecast, by Application, 2020-2027

8.4.5.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.4.6 Japan

8.4.6.1 Market Estimates & Forecast, 2020-2027

8.4.6.2 Market Estimates & Forecast, by Application, 2020-2027

8.4.6.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.4.7 Australia & New Zealand

8.4.7.1 Market Estimates & Forecast, 2020-2027

8.4.7.2 Market Estimates & Forecast, by Application, 2020-2027

8.4.7.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.4.8 Rest of Asia-Pacific

8.4.8.1 Market Estimates & Forecast, 2020-2027

8.4.8.2 Market Estimates & Forecast, by Application, 2020-2027

8.4.8.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.5 Middle East & Africa

8.5.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast, by Application, 2020-2027

8.5.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.5.4 UAE

8.5.4.1 Market Estimates & Forecast, 2020-2027

8.5.4.2 Market Estimates & Forecast, by Application, 2020-2027

8.5.4.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.5.5 Israel

8.5.5.1 Market Estimates & Forecast, 2020-2027

8.5.5.2 Market Estimates & Forecast, by Application, 2020-2027

8.5.5.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.5.6 North Africa

8.5.6.1 Market Estimates & Forecast, 2020-2027

8.5.6.2 Market Estimates & Forecast, by Application, 2020-2027

8.5.6.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.5.7 Turkey

8.5.7.1 Market Estimates & Forecast, 2020-2027

8.5.7.2 Market Estimates & Forecast, by Application, 2020-2027

8.5.7.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.5.8 Rest of Middle East & Africa

8.5.8.1 Market Estimates & Forecast, 2020-2027

8.5.8.2 Market Estimates & Forecast, by Application, 2020-2027

8.5.8.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.6 Latin America

8.6.1 Market Estimates & Forecast, 2020-2027

8.6.2 Market Estimates & Forecast, by Application, 2020-2027

8.6.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.6.4 Brazil

8.6.4.1 Market Estimates & Forecast, 2020-2027

8.6.4.2 Market Estimates & Forecast, by Application, 2020-2027

8.6.4.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.6.5 Argentina

8.6.5.1 Market Estimates & Forecast, 2020-2027

8.6.5.2 Market Estimates & Forecast, by Application, 2020-2027

8.6.5.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.6.6 Mexico

8.6.6.1 Market Estimates & Forecast, 2020-2027

8.6.6.2 Market Estimates & Forecast, by Application, 2020-2027

8.6.6.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

8.6.7 Rest of Latin America

8.6.7.1 Market Estimates & Forecast, 2020-2027

8.6.7.2 Market Estimates & Forecast, by Application, 2020-2027

8.6.7.3 Market Estimates & Forecast, by End-Use Industry, 2020-2027

9. Company Landscape

9.1 Introduction

9.2 Market Strategy

9.3 Key Development Analysis (Expansion/Mergers & Acquisitions/Joint Venture/New Product Development/Agreement/Investments)

10. Company Profiles

10.1 Solvay

10.1.1 Company Overview

10.1.2 Financial Updates

10.1.3 Product/Business Segment Overview

10.1.4 Strategy

10.1.5 Key Developments

10.1.6 SWOT Analysis

10.2 Evonik Industries AG

10.2.1 Company Overview

10.2.2 Financial Updates

10.2.3 Product/Business Segment Overview

10.2.4 Strategy

10.2.5 Key Developments

10.2.6 SWOT Analysis

10.3 Ecolab

10.3.1 Company Overview

10.3.2 Financial Updates

10.3.3 Product/Business Segment Overview

10.3.4 Strategy

10.3.5 Key Developments

10.3.6 SWOT Analysis

10.4 Enviro Tech Chemical Services, Inc

10.4.1 Company Overview

10.4.2 Financial Updates

10.4.3 Product/Business Segment Overview

10.4.4 Strategy

10.4.5 Key Developments

10.4.6 SWOT Analysis

10.5 MITSUBISHI GAS CHEMICAL COMPANY, INC

10.5.1 Company Overview

10.5.2 Financial Updates

10.5.3 Product/Business Segment Overview

10.5.4 Strategy

10.5.5 Key Developments

10.5.6 SWOT Analysis

10.6 Jubilant Life Sciences Ltd

10.6.1 Company Overview

10.6.2 Financial Updates

10.6.3 Product/Business Segment Overview

10.6.4 Strategy

10.6.5 Key Developments

10.6.6 SWOT Analysis

10.7 Aditya Birla Chemicals

10.7.1 Company Overview

10.7.2 Financial Updates

10.7.3 Product/Business Segment Overview

10.7.4 Strategy

10.7.5 Key Developments

10.7.6 SWOT Analysis

10.8 ACURO ORGANICS LIMITED

10.8.1 Company Overview

10.8.2 Financial Updates

10.8.3 Product/Business Segment Overview

10.8.4 Strategy

10.8.5 Key Developments

10.8.6 SWOT Analysis

10.9 Hydrite Chemical

10.9.1 Company Overview

10.9.2 Financial Updates

10.9.3 Product/Business Segment Overview

10.9.4 Strategy

10.9.5 Key Developments

10.9.6 SWOT Analysis

10.10 Belinka Perkemija, d.o.o.

10.10.1 Company Overview

10.10.2 Financial Updates

10.10.3 Product/Business Segment Overview

10.10.4 Strategy

10.10.5 Key Developments

10.10.6 SWOT Analysis

10.11 Promox

10.11.1 Company Overview

10.11.2 Financial Updates

10.11.3 Product/Business Segment Overview

10.11.4 Strategy

10.11.5 Key Developments

10.11.6 SWOT Analysis

10.12 Kemira Oyj

10.12.1 Company Overview

10.12.2 Financial Updates

10.12.3 Product/Business Segment Overview

10.12.4 Strategy

10.12.5 Key Developments

10.12.6 SWOT Analysis

11. Conclusion

LIST OF TABLES

Table 1 Global Peracetic Acid Market: by Region, 2020-2027

Table 2 North America: Peracetic Acid Market, by Country, 2020-2027

Table 3 Europe: Peracetic Acid Market, by Country, 2020-2027

Table 4 Asia-Pacific: Peracetic Acid Market. by Country, 2020-2027

Table 5 Middle East & Africa: Peracetic Acid Market, by Country, 2020-2027

Table 6 Latin America: Peracetic Acid Market, by Country, 2020-2027

Table 7 Global Peracetic Acid Application Market, by Regions, 2020-2027

Table 8 North America: Peracetic Acid Application Market, by Country, 2020-2027

Table 9 Europe: Peracetic Acid Application Market, by Country, 2020-2027

Table10 Asia-Pacific: Peracetic Acid Application Market, by Country, 2020-2027

Table11 Middle East & Africa: Peracetic Acid Application Market, by Country, 2020-2027

Table12 Latin America: Peracetic Acid Application Market, by Country, 2020-2027

Table 13 Global Peracetic Acid End-Use Industry Market, by Regions, 2020-2027

Table14 North America: Peracetic Acid End-Use Industry Market, by Country, 2020-2027

Table15 Europe: Peracetic Acid End-Use Industry Market, by Country, 2020-2027

Table16 Asia-Pacific: Peracetic Acid End-Use Industry Market, by Country, 2020-2027

Table17 Middle East & Africa: Peracetic Acid End-Use Industry Market, by Country, 2020-2027

Table18 Latin America: Peracetic Acid by End-Use Industry Market, by Country, 2016-2023

Table19 Global Application Market, by Region, 2020-2027

Table20 Global End-Use Industry Market, by Region, 2020-2027

Table21 North America: Peracetic Acid Market, by Country, 2020-2027

Table22 North America: Peracetic Acid Market, by Application, 2020-2027

Table23 North America: Peracetic Acid Market, by End-Use Industry, 2020-2027

Table24 Europe: Peracetic Acid Market, by Country, 2020-2027

Table25 Europe: Peracetic Acid Market, by Application, 2020-2027

Table26 Europe: Peracetic Acid Market, by End-Use Industry, 2020-2027

Table27 Asia-Pacific: Peracetic Acid Market, by Country, 2020-2027

Table28 Asia-Pacific: Peracetic Acid Market, by Application, 2020-2027

Table29 Asia-Pacific: Peracetic Acid Market, by End-Use Industry, 2020-2027

Table30 Middle East & Africa: Peracetic Acid Market, by Country, 2020-2027

Table31 Middle East & Africa: Peracetic Acid Market, by Application, 2020-2027

Table32 Middle East & Africa: Peracetic Acid Market, by End-Use Industry, 2020-2027

Table33 Latin America: Peracetic Acid Market, by Country, 2020-2027

Table34 Latin America: Peracetic Acid Market, by Application, 2020-2027

Table35 Latin America: Peracetic Acid Market, by End-Use Industry, 2020-2027

LIST OF FIGURES

FIGURE 1 Global Peracetic Acid Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Peracetic Acid Market

FIGURE 4 Value Chain of Global Peracetic Acid Market

FIGURE 5 Share of Global Peracetic Acid Market in 2020, by Country

FIGURE 6 Global Peracetic Acid Market, 2020-2027,

FIGURE 7 Global Peracetic Acid Market Size, by Application, 2020

FIGURE 8 Share of Global Peracetic Acid Market, by Application, 2020-2027

FIGURE 9 Global Peracetic Acid Market Size, by End-Use Industry, 2020

FIGURE10 Share of Global Peracetic Acid Market, by End-Use Industry, 2020-2027