Perspectiva del mercado:
Peracetic Acid Market size is predicted to grow from USD 1.01 billion in 2024 to USD 2.33 billion by 2034, reflecting a CAGR of over 8.7% from 2025 through 2034. The industry revenue is forecasted to reach USD 1.08 billion in 2025.
Base Year Value (2024)
USD 1.01 billion
19-24
x.x %
25-34
x.x %
CAGR (2025-2034)
8.7%
19-24
x.x %
25-34
x.x %
Forecast Year Value (2034)
USD 2.33 billion
19-24
x.x %
25-34
x.x %
Historical Data Period
2019-2024
Largest Region
North America
Forecast Period
2025-2034
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Dinámica del mercado:
Growth Drivers & Opportunities:
The peracetic acid market is witnessing substantial growth, driven by increasing demand in various end-use industries, particularly in food and beverage, pharmaceuticals, and water treatment. One of the key growth drivers is the escalating need for effective and eco-friendly disinfectants and sanitizers. As consumers become more health-conscious, there is a rising preference for bio-based and environmentally benign products, which enhances the appeal of peracetic acid as a strong alternative to conventional chemical sanitizers. Additionally, the food processing industry is increasingly adopting peracetic acid for its antimicrobial properties, making it suitable for applications such as fruit and vegetable washing, and equipment sanitation.
Another significant opportunity arises from the expanding pharmaceutical sector, where peracetic acid is employed for sterilization purposes. Its efficacy against a broad spectrum of microorganisms, including bacteria, viruses, and fungi, positions it as a vital component in the production of pharmaceuticals and medical devices. Furthermore, as regulations on sanitation and sterilization become more stringent globally, the demand for peracetic acid is likely to grow, offering robust market potential. Innovations in formulation and application techniques also present opportunities for manufacturers to develop more concentrated and stabilized peracetic acid solutions, thus enhancing performance and ease of use across various industries.
Report Scope
Report Coverage | Details |
---|
Segments Covered | Type, Application |
Regions Covered | • North America (United States, Canada, Mexico)
• Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC)
• Latin America (Argentina, Brazil, Rest of South America)
• Middle East & Africa (GCC, South Africa, Rest of MEA) |
Company Profiled | Evonik, Solvay, Mitsubishi Chemical, Kemira, AkzoNobel, PeroxyChem, Tianjin Zhongtai, Peracetic Acid Inc., Shandong Jinling Chemical, Airedale Chemicals |
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Industry Restraints:
Despite its growth potential, the peracetic acid market faces several challenges that could hinder its expansion. One of the primary restraints is the stability and handling concerns associated with peracetic acid. Being a potent oxidizer, it requires careful handling and storage to mitigate risks related to thermal decomposition and potential hazardous reactions. These safety concerns may lead to stringent regulatory requirements, which can complicate the logistics and increase costs for manufacturers.
Moreover, competition from alternative sanitizers and disinfectants could pose a threat to market growth. The presence of other chemical agents that offer similar or better antimicrobial efficacy may influence the adoption rate of peracetic acid in various applications. Price fluctuations of raw materials also present a significant challenge, as the production costs can directly impact the pricing competitiveness of peracetic acid. Additionally, the relatively high cost of peracetic acid compared to some traditional disinfectants may limit its market penetration, especially among cost-sensitive industries.
Pronóstico Regional:
Largest Region
North America
XX% Market Share in 2024
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North America
The North American peracetic acid market is prominently led by the United States, driven by the increasing demand from the food and beverage industry for effective antimicrobial agents. The growing awareness regarding food safety and hygiene standards has further propelled the adoption of peracetic acid as a disinfectant in various applications. Meanwhile, Canada is also witnessing a steady demand, particularly in the healthcare and wastewater treatment sectors, driven by stringent regulatory requirements for sanitation and disinfection. The overall growth in this region is expected to be supported by advancements in industrial processing technologies that utilize peracetic acid for enhanced efficiency.
Asia Pacific
Within the Asia Pacific region, China stands out as the largest market for peracetic acid, fueled by rapid industrialization and the rising focus on clean water initiatives and food safety measures. The pharmaceutical and agricultural sectors in China are increasingly integrating peracetic acid for its oxidizing properties, enhancing crop yield and product safety. Japan and South Korea are also experiencing growth in demand, largely due to advancements in healthcare infrastructure and stricter regulations aimed at improving hygiene practices. These countries are witnessing an increasing trend toward the use of eco-friendly disinfectants, thus favoring the adoption of peracetic acid.
Europe
In Europe, the peracetic acid market is primarily influenced by Germany, the UK, and France. Germany's strong chemical manufacturing sector and stringent environmental regulations are key drivers, promoting the use of environmentally friendly sanitizers. The UK is also witnessing an increase in demand within the food processing and healthcare industries, where peracetic acid is valued for its effective sanitizing properties. Meanwhile, France is focusing on sustainable practices within its agricultural sector, utilizing peracetic acid for combating pathogens in various farming operations. As the region continues to emphasize health and sustainability, the adoption of peracetic acid is poised for growth across these influential countries.
Report Coverage & Deliverables
Historical Statistics
Growth Forecasts
Latest Trends & Innovations
Market Segmentation
Regional Opportunities
Competitive Landscape
Análisis de segmentación:
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In terms of segmentation, the global Peracetic Acid market is analyzed on the basis of Type, Application.
Type Segmentation
Peracetic acid is primarily categorized into various grades that cater to different requirements in various sectors. The most notable types include food grade, industrial grade, and healthcare grade. Among these, the food-grade segment is expected to exhibit the largest market size due to the growing demand for safe and effective food preservation methods. As food safety regulations tighten globally, the adoption of food-grade peracetic acid is surging. On the other hand, the industrial-grade segment is anticipated to show the fastest growth, driven by increasing needs for disinfection and cleaning in sectors such as water treatment and oil & gas.
Application Segmentation
The application of peracetic acid spans several industries, including food and beverage, water treatment, healthcare, and pulp & paper. The food and beverage sector is likely to hold the largest market share, as peracetic acid is widely used for sanitization in food processing, enhancing the shelf life of products while ensuring safety. Within this sector, its application in disinfection processes is gaining traction. Conversely, the healthcare application is projected to witness the fastest growth. The need for effective sterilization in medical facilities, especially in light of increased focus on hygiene due to recent global health events, is propelling the demand for peracetic acid in this niche.
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Panorama competitivo:
The competitive landscape of the Peracetic Acid Market is characterized by a diverse range of players focusing on innovation, regional expansion, and strategic partnerships to enhance their market presence. As demand for environmentally friendly disinfectants and sterilants rises, companies are investing in advanced production technologies and sustainable practices. Key trends include the development of cost-effective formulations and increased capacities to meet the growing needs of sectors such as food processing, pharmaceuticals, and wastewater treatment. The market is primarily driven by the need for effective biocides and sterilizing agents, with players actively competing on product quality, regulatory compliance, and customer service to gain a competitive edge.
Top Market Players
1. Solvay S.A.
2. Ecolab Inc.
3. Airedale Chemical Company Ltd.
4. PeroxyChem LLC
5. Evonik Industries AG
6. Mitsubishi Gas Chemical Company, Inc.
7. D corporation (Peracetic Acid)
8. BASF SE
9. ChemService Inc.
10. Alternate Energy Technologies LLC
Capítulo 1. Metodología
- Definición
- Casos de estudio
- Alcance del mercado
- Segmentation
- Regiones cubiertas
- Estimación de la base
- Cálculos de pronóstico
- Fuentes de datos
Capítulo 2. Resumen ejecutivo
Capítulo 3. Peracetic Acid Market Insights
- Panorama general del mercado
- Propulsores de mercado " oportunidad
- Restricciones de mercado " Desafíos
- Paisaje Regulador
- Ecosystem Analysis
- Technology & Innovation Outlook
- Principales desarrollos de la industria
- Partnership
- Merger/Acquisition
- Inversiones
- Producto de lanzamiento
- Análisis de la cadena de suministro
- Análisis de cinco fuerzas de Porter
- Amenaza de nuevos participantes
- Amenaza de los Sustitutos
- Industria Rivalry
- Poder de negociación de proveedores
- Poder de negociación de compradores
- COVID-19 Impacto
- PESTLE Analysis
- Paisaje político
- Economic Landscape
- Paisaje Social
- Technology Landscape
- Paisaje legal
- Environmental Landscape
- Paisaje competitivo
- Introducción
- Company Market Compartir
- Matriz de posición competitiva
Capítulo 4. Peracetic Acid Market Estadísticas, por segmentos
- Principales tendencias
- Estimaciones de mercado y pronósticos
* Lista de segmentos según el alcance/requisitos del informe
Capítulo 5. Peracetic Acid Market Estadísticas, por Región
- Principales tendencias
- Introducción
- Impacto de la recesión
- Estimaciones de mercado y pronósticos
- Alcance regional
- América del Norte
- Estados Unidos
- Canadá
- México
- Europa
- Alemania
- Reino Unido
- Francia
- Italia
- España
- El resto de Europa
- Asia Pacífico
- China
- Japón
- Corea del Sur
- Singapur
- India
- Australia
- Rest of APAC
- América Latina
- Argentina
- Brasil
- El resto de América del Sur
- Oriente Medio y África
*Lista no agotada
Capítulo 6. Datos de la empresa
- Panorama general de las empresas
- Financieras
- Ofertas de productos
- Mapping estratégico
- Partnership
- Merger/Acquisition
- Inversiones
- Producto de lanzamiento
- Desarrollo reciente
- Dominance regional
- SWOT Analysis
* Lista de empresas según el alcance/requisitos del informe