The global market for Peracetic Acid is estimated at US$1.0 Billion in 2023 and is projected to reach US$1.6 Billion by 2030, growing at a CAGR of 7.0% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the peracetic acid market is driven by several factors. The increasing demand for high-level disinfectants in the food and beverage industry to comply with stringent hygiene regulations is a primary driver. In the healthcare sector, the necessity for effective sterilization methods to combat hospital-acquired infections is boosting PAA usage. Technological advancements that enhance the production and application efficiency of PAA are making it more accessible and user-friendly, encouraging its adoption.
Regulatory support for environmentally benign disinfectants is also propelling the market forward. Additionally, the rising awareness of waterborne diseases and the need for sustainable water treatment solutions are significant factors fueling the demand for PAA. The compound's versatility and efficiency in various industrial applications ensure its growing relevance in the global market.
The growth in the peracetic acid market is driven by several factors. The increasing demand for high-level disinfectants in the food and beverage industry to comply with stringent hygiene regulations is a primary driver. In the healthcare sector, the necessity for effective sterilization methods to combat hospital-acquired infections is boosting PAA usage. Technological advancements that enhance the production and application efficiency of PAA are making it more accessible and user-friendly, encouraging its adoption.
Regulatory support for environmentally benign disinfectants is also propelling the market forward. Additionally, the rising awareness of waterborne diseases and the need for sustainable water treatment solutions are significant factors fueling the demand for PAA. The compound's versatility and efficiency in various industrial applications ensure its growing relevance in the global market.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Disinfectants Application segment, which is expected to reach US$765.4 Million by 2030 with a CAGR of a 7.2%. The Sanitizers Application segment is also set to grow at 6.6% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $279.6 Million in 2023, and China, forecasted to grow at an impressive 10.3% CAGR to reach $262.0 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Peracetic Acid Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Peracetic Acid Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Peracetic Acid Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Acuro Organics Limited, Biosan, LLC, California Soda Company, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 62 Featured):
- Acuro Organics Limited
- Biosan, LLC
- California Soda Company
- Diversey, Inc.
- Ecolab Inc.
- Enviro Tech Chemical Services, Inc.
- Evonik Industries AG
- Kemira OYJ
- Lenntech B.V.
- Mitsubishi Gas Chemical Company, Inc.
- Seeler Industries Inc
- Solvay SA
- Tanfac Industries Ltd
- The Vincit Group
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADACHINAFRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPEAUSTRALIAINDIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICAAFRICAIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
EUROPE
ASIA-PACIFIC
MIDDLE EAST
Companies Mentioned
- Acuro Organics Limited
- Biosan, LLC
- California Soda Company
- Diversey, Inc.
- Ecolab Inc.
- Enviro Tech Chemical Services, Inc.
- Evonik Industries AG
- Kemira OYJ
- Lenntech B.V.
- Mitsubishi Gas Chemical Company, Inc.
- Seeler Industries Inc
- Solvay SA
- Tanfac Industries Ltd
- The Vincit Group
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 423 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 1 Billion |
| Forecasted Market Value ( USD | $ 1.6 Billion |
| Compound Annual Growth Rate | 7.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 14 |
