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Peracetic Acid Market

Peracetic Acid Market Size, Share & Trends Analysis Report

Peracetic Acid Market

Published
Report ID : AIMR 1645
Number of pages : 300
Published Date : Mar 2024
Category : Materials
Delivery Timeline : 48 hrs

Global Peracetic Acid Market Overview

The Peracetic Acid Market is projected to reach USD 1.9 billion by 2030, with a CAGR of 7.75% during 2023-2030. Growing utilization of PAA in sanitizer, bleaching agent, and disinfectant manufacturing across food & beverage, water treatment, and healthcare sectors is anticipated to fuel market expansion. Furthermore, the rise of new applications and product concentration is expected to further drive market growth.

Key Companies in the Peracetic Acid market include

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

Peracetic Acid Industry Developments

In September 2019, Enviro Tech, a leading manufacturer of Air Pollution Monitoring Instruments, invested US$ 8 million to construct a state-of-the-art manufacturing facility in Level and, Texas Industrial Rail Park. The new plant utilizes advanced water treatment and recycling technologies, recycles 90% of solid waste, and incorporates energy-efficient plant designs and equipment.

In February 2020, Evonik acquired Peroxy Chem (US) for US$ 640 million. Peroxy Chem specializes in producing hydrogen peroxide (H2O2) and peracetic acid (PAA), catering to high-margin special applications. This acquisition positions Evonik for further growth, particularly in the environmentally friendly disinfectant market.

In April 2020, Solvay obtained approval for the use of Proxitane AHC against COVID-19. Proxitane AHC is a concentrated liquid disinfectant containing peracetic and hydrogen peroxide.

In August 2023, Spartan Chemical Company introduced a new peracetic acid-based sanitizer designed for use in swimming pools and spas. This sanitizer effectively eliminates bacteria, algae, and other microorganisms, ensuring the safety of swimming pools and spas.

Peracetic Acid Market Segmentation

Peracetic Acid Application Outlook

  • Sterilizer
  • Disinfectant
  • Sanitizer
  • Other
Peracetic Acid Grade
  • <5% Grade
  •  5-15% Grade
  •  >15% Grade
Peracetic Acid End-user Outlook
  • Healthcare
  • Food & Beverages
  • Water Treatment
  • Pulp & Paper
  • Others
Peracetic Acid Regional Outlook
  • North America
    • US
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • Rest of the World
    • Middle East
    • Africa
    • Latin America
 
SUMMARY
VishalSawant
Vishal Sawant
Business Development
vishal@brandessenceresearch.com
+91 8830 254 358
Country
Regions and Country

North America

  • U.S.
  • Canada

Europe

  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Sweden
  • Netherlands
  • Turkey
  • Switzerland
  • Belgium
  • Rest of Europe

Asia-Pacific

  • South Korea
  • Japan
  • China
  • India
  • Australia
  • Philippines
  • Singapore
  • Malaysia
  • Thailand
  • Indonesia
  • Rest of APAC

Latin America

  • Mexico
  • Colombia
  • Brazil
  • Argentina
  • Peru
  • Rest of South America

Middle East and Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest of MEA

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