According to the latest report by IMARC Group, titled “Peracetic Acid Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global peracetic acid market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 7.7% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Peracetic acid, also known as peroxyacetic acid, refers to an organic compound that is generally used as an antimicrobial and antioxidizing agent. It is also utilized as a disinfectant especially in food processing applications. The acid is produced by the acetaldehyde autoxidation and is usually available in the form of a colorless liquid with a pungent odor. Peracetic acid is widely used across diverse industries, including food and beverage, water treatment, healthcare, pulp & paper, etc.
The expanding agriculture industry, along with the rising need for preventing bacterial and fungal growth in the soil, is primarily driving the global market for peracetic acid. Furthermore, the increasing consumption of potable water is also inducing the use of peracetic acid in water treatment solutions, thereby augmenting the market growth. In addition to this, rising product utilization as a bleaching agent for food starch and antimicrobial agent for washing poultry products is further catalyzing the global market. Furthermore, in the wake of the COVID-19 pandemic, peracetic acid is extensively used as a disinfectant in the healthcare sector to combat the spread of coronavirus infection.
Peracetic Acid Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the global peracetic acid market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Aditya Birla Chemicals
- Airedale Chemical Company
- Diversey Inc.
- Ecolab Inc.
- Enviro Tech Chemical Services
- Evonik Industries
- FMC Corporation
- Jubilant Life Sciences
- Kemira Chemicals
- Mitsubishi Gas Chemical Co.
- National Peroxide Ltd.
- Seitz GmbH
- Solvay S.A.
Key Market Segmentation:
The report has segmented the global peracetic acid market on the basis of grade, application, end-use industry country.
Breakup by Grade:
- Solution Grade
- Distilled Grade
Breakup by Application:
Breakup by End-Use Industry:
- Food & Beverage
- Water Treatment
- Pulp & Paper
Breakup by Region:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Industry Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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