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Peracetic Acid Market Report by Grade (Solution Grade, Distilled Grade), Application (Disinfectant, Sterilant, Sanitizer, and Others), End-Use Industry (Healthcare, Food & Beverage, Water Treatment, Pulp & Paper, and Others), and Region 2024-2032
Market Report I 2024-07-01 I 136 Pages I IMARC Group
The global peracetic acid market size reached US$ 977.2 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,813.3 Million by 2032, exhibiting a growth rate (CAGR) of 6.9% during 2024-2032. The widespread adoption of peracetic acid in the agricultural sector, the rising adoption of peracetic acid for efficient water treatment solutions, and the growing utilization of peracetic acid in healthcare settings represent some of the key factors driving the market.
Peracetic acid is a powerful oxidizing agent that is commonly used as a disinfectant, sterilant, and sanitizer in various fields, such as food processing, healthcare, and water treatment. It is a clear, colorless, and highly reactive liquid with a pungent odor, which is similar to the smell of acetic acid. It is a peroxide family member, which means it contains an oxygen-oxygen single bond. It is produced by the reaction of acetic acid with hydrogen peroxide, which generates peracetic acid in situ. Additionally, it is highly effective against a wide range of microorganisms, including viruses, bacteria, fungi, and spores. It has a broad-spectrum antimicrobial activity and disrupts microorganisms' cellular membranes, leading to their death. It is also known to be effective in removing biofilms, which are a common cause of contamination in various industries. It is considered to be an environmentally friendly disinfectant as it rapidly breaks down into harmless byproducts, such as water, oxygen, and acetic acid. It does not leave any harmful residues, making it ideal for use in the food industry, where residues of disinfectants could affect the quality and safety of food products.
Peracetic Acid Market Trends:
Significant growth in the agriculture industry majorly drives the global market. This can be supported by the widespread adoption of peracetic acid in the agricultural sector due to its ability to prevent and manage bacterial and fungal growth in soil and crops. Additionally, the rising adoption of peracetic acid for efficient water treatment solutions, as well as the growing global demand for safe drinking water is significantly supporting the market. Along with this, the growing utilization of peracetic acid in healthcare settings for surface disinfection, equipment sterilization, and as a high-level disinfectant for medical instruments is significantly supporting the demand. This is due to the increasing prevalence of hospital acquired infections (HAIs) and the need for effective disinfection and sterilization practices. In addition, the growing demand for high-quality paper products and the rising need for eco-friendly production practices are driving the use of peracetic acid in the pulp and paper industry, which is acting as another growth-inducing factor. Apart from this, the increasing use of peracetic acid in organic and natural products to ensure the absence of harmful chemicals and toxins, thereby meeting the growing demand for sustainable and environmentally friendly products, is also driving the market. Furthermore, the integration of advanced reactors and optimized production processes enhance the production capacity of peracetic acid, is creating a positive market outlook. Some of the other factors driving the market include rapid industrialization and continual technological advancements.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global peracetic acid market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on grade, application and end-use industry.
Grade Insights:
Solution Grade
Distilled Grade
The report has provided a detailed breakup and analysis of the peracetic acid market based on the grade. This includes solution grade and distilled grade. According to the report, solution grade represented the largest segment.
Application Insights :
Disinfectant
Sterilant
Sanitizer
Others
A detailed breakup and analysis of the peracetic acid market based on the application has also been provided in the report. This includes disinfectant, sterilant, sanitizer, and others. According to the report, disinfectant accounted for the largest market share.
End-Use Industry Insights:
Healthcare
Food & Beverage
Water Treatment
Pulp & Paper
Others
The report has provided a detailed breakup and analysis of the peracetic acid market based on the end-use industry. This includes healthcare, food & beverage, water treatment, pulp & paper, and others. According to the report, food & beverage represented the largest segment.
Regional Insights:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Europe was the largest market for peracetic acid. Some of the factors driving Europe peracetic acid market included the significant growth in the agriculture industry, technological advancements, and favorable government regulations.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global peracetic acid market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Aditya Birla Chemicals, Airedale Chemical Company, Diversey Inc., Ecolab Inc., Enviro Tech Chemical Services, Evonik Industries, FMC Corporation, Jubilant Life Sciences, Kemira Chemicals, Lenntech, Mitsubishi Gas Chemical Co., National Peroxide Ltd., PeroxyChem, Seitz GmbH, Solvay S.A., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report
1. What is the expected growth rate of the global peracetic acid market during 2024-2032?
2. What are the key factors driving the global peracetic acid market?
3. What has been the impact of COVID-19 on the global peracetic acid market?
4. What is the breakup of the global peracetic acid market based on the grade?
5. What is the breakup of the global peracetic acid market based on the application?
6. What is the breakup of the global peracetic acid market based on the end-use industry?
7. What are the key regions in the global peracetic acid market?
8. Who are the key players/companies in the global peracetic acid market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Peracetic Acid Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Grade
6.1 Solution Grade
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Distilled Grade
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Application
7.1 Disinfectant
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Sterilant
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Sanitizer
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by End-Use Industry
8.1 Healthcare
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Food & Beverage
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Water Treatment
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Pulp & Paper
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Price Indicators
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Aditya Birla Chemicals
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Airedale Chemical Company
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Diversey Inc.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Ecolab Inc.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Enviro Tech Chemical Services
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Evonik Industries
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 FMC Corporation
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Jubilant Life Sciences
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Kemira Chemicals
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Lenntech
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 Mitsubishi Gas Chemical Co.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 National Peroxide Ltd.
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.13 PeroxyChem
14.3.13.1 Company Overview
14.3.13.2 Product Portfolio
14.3.14 Seitz GmbH
14.3.14.1 Company Overview
14.3.14.2 Product Portfolio
14.3.15 Solvay S.A.
14.3.15.1 Company Overview
14.3.15.2 Product Portfolio
Figure 1: Global: Peracetic Acid Market: Major Drivers and Challenges
Figure 2: Global: Peracetic Acid Market: Sales Value (in Million US$), 2018-2023
Figure 3: Global: Peracetic Acid Market: Breakup by Grade (in %), 2023
Figure 4: Global: Peracetic Acid Market: Breakup by Application (in %), 2023
Figure 5: Global: Peracetic Acid Market: Breakup by End-Use Industry (in %), 2023
Figure 6: Global: Peracetic Acid Market: Breakup by Region (in %), 2023
Figure 7: Global: Peracetic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 8: Global: Peracetic Acid (Solution Grade) Market: Sales Value (in Million US$), 2018 & 2023
Figure 9: Global: Peracetic Acid (Solution Grade) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 10: Global: Peracetic Acid (Distilled Grade) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Peracetic Acid (Distilled Grade) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Peracetic Acid (Disinfectant) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Peracetic Acid (Disinfectant) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Peracetic Acid (Sterilant) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Peracetic Acid (Sterilant) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Peracetic Acid (Sanitizer) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Peracetic Acid (Sanitizer) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Peracetic Acid (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Peracetic Acid (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Peracetic Acid (Healthcare) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Peracetic Acid (Healthcare) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: Peracetic Acid (Food & Beverage) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: Peracetic Acid (Food & Beverage) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: Peracetic Acid (Water Treatment) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: Peracetic Acid (Water Treatment) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Global: Peracetic Acid (Pulp & Paper) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: Peracetic Acid (Pulp & Paper) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Global: Peracetic Acid (Other End-Use Industries) Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Global: Peracetic Acid (Other End-Use Industries) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: North America: Peracetic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: North America: Peracetic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: United States: Peracetic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: United States: Peracetic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Canada: Peracetic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Canada: Peracetic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Asia Pacific: Peracetic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: Asia Pacific: Peracetic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: China: Peracetic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: China: Peracetic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: Japan: Peracetic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: Japan: Peracetic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: India: Peracetic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: India: Peracetic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: South Korea: Peracetic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: South Korea: Peracetic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: Australia: Peracetic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: Australia: Peracetic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Indonesia: Peracetic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Indonesia: Peracetic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: Others: Peracetic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: Others: Peracetic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: Europe: Peracetic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: Europe: Peracetic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Germany: Peracetic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Germany: Peracetic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: France: Peracetic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: France: Peracetic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: United Kingdom: Peracetic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: United Kingdom: Peracetic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: Italy: Peracetic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: Italy: Peracetic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: Spain: Peracetic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: Spain: Peracetic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: Russia: Peracetic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: Russia: Peracetic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: Others: Peracetic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: Others: Peracetic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Latin America: Peracetic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Latin America: Peracetic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: Brazil: Peracetic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: Brazil: Peracetic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: Mexico: Peracetic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 73: Mexico: Peracetic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 74: Others: Peracetic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 75: Others: Peracetic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 76: Middle East and Africa: Peracetic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 77: Middle East and Africa: Peracetic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 78: Global: Peracetic Acid Industry: SWOT Analysis
Figure 79: Global: Peracetic Acid Industry: Value Chain Analysis
Figure 80: Global: Peracetic Acid Industry: Porter's Five Forces Analysis
Table 1: Global: Peracetic Acid Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Peracetic Acid Market Forecast: Breakup by Grade (in Million US$), 2024-2032
Table 3: Global: Peracetic Acid Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 4: Global: Peracetic Acid Market Forecast: Breakup by End-Use Industry (in Million US$), 2024-2032
Table 5: Global: Peracetic Acid Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 6: Global: Peracetic Acid Market Structure
Table 7: Global: Peracetic Acid Market: Key Players
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