Peracetic Acid Market by Application (Sterilizer, Disinfectant, Sanitizer, Other), by End-User (Healthcare, Food & Beverages, Water Treatment, Pulp & Paper, Others), by North America (U.S., Canada, Mexico), by Europe (UK, Germany, France, Italy, Spain, Russia, Netherlands, Switzerland, Poland, Sweden, Belgium), by Asia Pacific (China, India, Japan, South Korea, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, New Zealand), by Latin America (Brazil, Mexico, Argentina, Chile, Colombia, Peru), by MEA (UAE, Saudi Arabia, South Africa, Egypt, Turkey, Israel, Nigeria, Kenya) Forecast 2024-2032
The Peracetic Acid Market size was valued at USD 1.1 USD Billion in 2023 and is projected to reach USD 2.05 USD Billion by 2032, exhibiting a CAGR of 9.3 % during the forecast period. Peracetic acid is a powerful organic acid, known chemically as peroxyacetic acid, that combines acetic acid with hydrogen peroxide. It exists in various concentrations and types, including industrial-grade and stabilized forms. The primary feature of peracetic acid is its strong oxidizing and antimicrobial properties, which make it effective in disinfection and sterilization processes. It decomposes into acetic acid, water, and oxygen, making it environmentally friendly. Peracetic acid is widely used in the food and beverage industry for sanitizing equipment and surfaces, in water treatment to control bacteria, and in healthcare for disinfecting medical instruments. Its versatility and efficacy make it a valuable compound in maintaining hygiene and safety standards across different sectors.
The Peracetic Acid Market is driven by several key trends
The Peracetic Acid Market is propelled by numerous factors
The Peracetic Acid Market faces certain challenges
The Peracetic Acid industry is driven by several growth catalysts:
Prominent players in the Peracetic Acid Market include:
Recent notable developments in the Peracetic Acid Sector include:
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 9.3% from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 9.3% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
Primary Research
Secondary Research
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