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Peracetic Acid - Global Strategic Business Report

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    Report

  • 423 Pages
  • December 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5030455
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.

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 SUMMARY
1. MARKET OVERVIEW
  • Global Economic Update
  • Here’s How Inflationary Pressures Affect the Economy
  • Russia-Ukraine War, the Primary Culprit Responsible for the Hardships
  • Here’s What’s Causing Inflationary Pressures in the Global Market
  • Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2024
  • Global Inflation Rates (In %) for the Years 2019 Through 2024
  • World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020 Through 2024
  • Global Number of Unemployed People (In Million) for Years 2019 Through 2024
  • Competitive Scenario
  • Peracetic Acid - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Global Peracetic Acid Market to Continue Brimming with Effervescent Radiance
  • Peracetic Acid: A Prelude
  • Global Peracetic Acid Market Maintains Zestful Stance with Promising Dynamics
  • Market Drivers
  • Market Opportunities
  • Market Restraints & Challenges
  • Analysis by Application
  • World Peracetic Acid Market by Application (2023 & 2030): Percentage Breakdown of Value Sales for Disinfectants, Sanitizers, Sterilants, and Other Applications
  • Analysis by End-Use
  • World Peracetic Acid Market by End-Use (2023 & 2030): Percentage Breakdown of Value Sales for Food & Beverage, Healthcare, Water Treatment, Pulp & Paper, and Other End-Uses
  • Regional Analysis
  • World Peracetic Acid Market by Region: Percentage Breakdown of Sales for Developed and Developing Regions (2023 & 2030)
  • World Peracetic Acid Market - Geographic Regions Ranked by CAGR (Value) for 2022-2030: Asia-Pacific, Latin America, Middle East, Africa, China, Canada, USA, Europe, and Japan
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Biocides Market Enjoys Thrilling Crescendo with Massive Pandemic Push
  • Hand Disinfection & Hygiene
  • Peracetic Acid for Surface Sanitization
  • PAA for Wastewater Disinfection
  • Growing Importance of Hygiene Drive Peracetic Acid Demand in Food & Beverage Industry
  • Demand for Peracetic Acid Benefit from the Growing Demand for Packaged Food: World Retail Market for Food & Beverages (in US$ Trillion) for the Years 2017 & 2024E
  • Peracetic Acid Comes to Rescue for Food Industry & Laundries amid COVID-19 Crisis
  • Food Industry Witnesses Increased Use of PAA Disinfection
  • Healthy Market for Processed Food to Benefit Demand for Peracetic Acid in the Food Processing Sector
  • Global Processed Foods Market Revenues (in $ Billion) for the Years 2019, 2022 and 2025
  • Dairy Products: Churning Out New Opportunities for Peracetic Acid
  • Global Production of Butter, Cheese, Skim Milk Powder, and Whole Milk Powder (in Kilo Tons) by Developed and Developing Countries for 2017 and 2026
  • Strong Demand for Beverages Spurs Growth
  • Improving Healthcare Expenditure to Bode Well for Market Growth
  • World Healthcare Expenditure (In US$ Billion) for the Years 2017-2023
  • Automated Machines for Peracetic Acid-based Sterilization
  • Increasing Prevalence of Chronic Disorders, Rise in Surgical Procedures and the Need to Prevent Transmission of Infections Fuels Market Growth
  • Leading Nosocomial Infections in the US: Percentage Breakdown of Healthcare Cost by Infection Type
  • Sterilization Equipment Market Witnesses Rapid Growth
  • Government Support to Ensure Infection Control in Clinical Settings to Boost Demand for Infection Control Products
  • Deteriorating Quality of Water: Throws Emphasis on Water Treatment
  • Percentage of Contaminated Water in Drinking Water Supplies in Africa, Asia, and Latin America and Caribbean
  • Percentage of Wastewater Treatment in Europe, Asia, Latin America, and Africa
  • World Fresh Water Resources: Percentage Breakdown by Sources of Fresh Water
  • Internal Water Resource Per Capita Ranked by Country - US, France, China, Germany, India, Netherlands and Saudi Arabia (in Cubic Meters)
  • Peracetic Acid (PAA) to Emerge as a Progressive Chemical Option for Wastewater and Potable Water Disinfection
  • Peracetic Acid Garners Attention as Sterilization Option of the Moment
  • PAA for Disinfecting Wastewater in US States
  • Growing Industry Focus on Water Reuse amid Looming Water Crisis Benefits Demand for Peracetic Acid
  • Factors Driving the Need for Water Reuse
  • Applications of Water Reuse
  • Select Stats Highlighting World Water Crisis and Need for Water Reuse
  • World Water Resources: Percentage Breakdown by Water Quality
  • Increasing Levels of Water Contamination Drive the Need for Peracetic Acid
  • Water & Wastewater Industry: Focus on Infrastructure Development Drives Demand
  • Paper & Pulp Remains Key End-Use Market for Peracetic Acid
  • Despite Digitalization and the Global Exodus towards a Paperless World, Paper Production Continue to Grow
  • Global Production Capacity of Paper and Paperboard in Million Metric Tons: 2019-2025
  • Leading Paper Producing Nations in the World (2023)
  • E-Commerce Leads to Boom in Paper Packaging
  • Global e-Commerce Market Growth Outlook (In %) For Years 2019 Through 2025
  • Global B2C E-Commerce Sales in US$ Trillion for the Years 2019, 2020, 2021, 2022, 2023, 2024, and 2025
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Peracetic Acid Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
  • TABLE 2: World Recent Past, Current & Future Analysis for Peracetic Acid by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 3: World Historic Review for Peracetic Acid by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 4: World 16-Year Perspective for Peracetic Acid by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • TABLE 5: World Recent Past, Current & Future Analysis for Disinfectants by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 6: World Historic Review for Disinfectants by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 7: World 16-Year Perspective for Disinfectants by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 8: World Recent Past, Current & Future Analysis for Sanitizers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 9: World Historic Review for Sanitizers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 10: World 16-Year Perspective for Sanitizers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 11: World Recent Past, Current & Future Analysis for Sterilants by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 12: World Historic Review for Sterilants by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 13: World 16-Year Perspective for Sterilants by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 14: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 15: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 16: World 16-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 17: World Recent Past, Current & Future Analysis for Food & Beverage by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 18: World Historic Review for Food & Beverage by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 19: World 16-Year Perspective for Food & Beverage by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 20: World Recent Past, Current & Future Analysis for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 21: World Historic Review for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 22: World 16-Year Perspective for Healthcare by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 23: World Recent Past, Current & Future Analysis for Water Treatment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 24: World Historic Review for Water Treatment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 25: World 16-Year Perspective for Water Treatment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 26: World Recent Past, Current & Future Analysis for Pulp & Paper by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 27: World Historic Review for Pulp & Paper by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 28: World 16-Year Perspective for Pulp & Paper by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 29: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 30: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 31: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Peracetic Acid Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Peracetic Acid Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
EUROPE
  • Peracetic Acid Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Peracetic Acid Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIAINDIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Peracetic Acid Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
AFRICAIV. COMPETITION

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