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.
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 Application Outlook
+44-1173181773
sales@brandessenceresearch.com
We are always looking to hire talented individuals with equal and extraordinary proportions of industry expertise, problem solving ability and inclination interested? please email us hr@brandessenceresearch.com
JOIN USFIND ASSISTANCE
LONDON OFFICE
AI® Market Research and Consulting Pvt ltd.
124, City Road, London EC1V 2NX
FOLLOW US
© Copyright 2025-26 AI® Market Research and Consulting. All Rights Reserved | Designed by AI® Market