Global Peracetic Acid Market
Global Peracetic Acid Market
By Product (Sterilant, Sanitizer, Disinfectant), Application (Pulp and Paper, Water Treatment, Healthcare, Food) and Regional Market Size, Status and Forecast to 2025
The global Peracetic Acid market was valued at USD 568.0 million in 2016 and is projected to reach USD 1154.6 million by 2025, growing at a CAGR of 8.2% from 2017 to 2025.
Peracetic acid is an organic peroxide available in a colorless liquid form. The antimicrobial properties offered by Peracetic acid is the major reason behind rapidly increasing demand for these chemicals. The growing application in food related segments is expected to boost market demand over the forecast period.
1. Market Drivers
1.1 Rising usage in biocides
1.2 Government approval in Europe and North America
2. Market Restraints
2.1 Lack of product knowledge and high cost
The global Peracetic Acid market is segmented on the product, application and region.
1. By Product:
2. By Application:
2.1 Pulp and Paper
2.4 Water Treatment
3. By Region:
3.1 North America (U.S., Canada, Mexico)
3.2 Europe (Germany, UK, France, Rest of Europe)
3.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
3.4 Latin America (Brazil, Argentina, Rest of Latin America)
3.5 Middle East & Africa
The major players in the market are as follows:
1. Ecolab Inc.
2. Solvay SA
3. Evonik Industries AG
4. Kemira OYJ
5. Peroxychem LLC
6. Mitsubishi Gas Chemical Company
7. Airedale Chemical
8. Seitz GmbH
9. Aditya Birla Chemicals
10. Promox SPA
12. Enviro Tech Chemical Services Inc.
13. Belinka Perkemija
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Peracetic Acid market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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