The Global Peracetic Acid Market is expected to reach USD 1113.45 million by 2025, from USD 615.55 million in 2017 growing at a CAGR of 7.8% during the forecast period of 2018 to 2025. The upcoming market report contains data for the historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Thorough and transparent research studies conducted by a team work of experts in their own domain accomplish this global Peracetic Acid market research report. Not to mention, this data and information helps businesses decide upon the advertising, promotion, marketing and sales strategy more valuably and also assists in taking sound and proficient decisions. This report deals with several industry and market parameters about chemical and materials industry including latest trends, market segmentation, new market entry, industry forecasting, target market analysis, future directions, opportunity identification, strategic analysis, insights and innovation. This report gives important, thoughtful and meaningful market insights for your business by taking into account various factors.
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Peracetic acid or peroxy acetic acid is a colourless but highly acidic and reactive acid. It is obtained by mixing acetic acid and hydrogen peroxide. It is classified as one the most effective oxidizing agent after Ozone and is soluble in water. Contamination in direct form with peracetic acid can cause burns, allergy and other ill effects to the human body and organs. The product is suitable and green and has lesser toxicity as compared to the other substitutes in the market. Solvay underwent an agreement with the US Environmental Protection Agency (EPA) for carrying out tests on water treatment and also regarding the usage of peracetic acid (PAA) for the same. Studies related to the economic and commercialization aspects of PAA in water treatment applications were also included in the agreement.
Leading Players of Peracetic Acid Market are Solvay, Evonik, Ecolab, Kemira, FMC Corporation, Airedale Chemical, Hydrite, Enviro Tech Chemical Services, PeroxyChem, Diversey, Sigma-Aldrich, Seitz GmbH, Belinka d.d., Christeyns, NOVADAN APS, Sopura, Quaron, Mar Cor Purification, BioSafe Systems, LLC, Warwick International Group, Loeffler Chemical Corporation, Helios – The European Coatings Group, Christeyns UK, STOCKMEIER Gruppe, Mitsubishi Gas Chemical America, Mitsubishi Gas Chemical Europe GmbH, Jubilant Life Sciences Ltd. NATIONAL PEROXIDE LIMITED, Aditya Birla Chemicals, STOCKMEIER Chemie, Shandong Yanggu Huatai Chemical Co., Ltd., PROMOX S.P.A., and so on
Recent industry Developments
In July 2018, Enviro Tech Chemical Services Inc., upgraded their AR facilities namely Modesto, CA and Helena from SQF certification level 2 to level 3. The firm is the only SQF certified peracetic acid producer in California. Europe holds the highest market share by value and is expected to hold that ranking whereas North America dominates the market in terms of volume during the forecast period with the most demand (around 65 kilo tonnes) coming from the food & beverage industry. Solvay underwent an agreement with the US Environmental Protection Agency (EPA) for carrying out tests on water treatment and also regarding the usage of peracetic acid (PAA) for the same.
Global Peracetic Acid market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global Peracetic Acid drug market for global Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Important queries have been answered in top-notch report
In this section, various Peracetic Acid industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost, and revenue.
- Sales and Revenue Analysis
Both, sales and revenue are studied for the different regions of the Peracetic Acid Market. Another major aspect, price, which plays an important part in the revenue generation, is also assessed in this section for the various regions.
- Market Dynamics
The analysts explore critical influence factors, market drivers, challenges, risk factors, opportunities, and market trends in this section.
- Application Usage
The section provides up-to-date information on the customer experience which can help identify the problems as well as detailed errors in the products. Through these findings, you will be able to provide solutions to it.
Major Highlights of TOC:
Chapter One: Peracetic Acid Industry Overview
1.1 Peracetic Acid Industry
1.1.2 Products of Major Companies
1.2 Peracetic Acid Segment
1.2.1 Industry Chain
1.2.2 Consumer Distribution
1.3 Price & Cost Overview
Chapter Two: Peracetic Acid Demand
2.1 Segment Overview
2.1.1 APPLICATION 1
2.1.2 APPLICATION 2
2.2 Peracetic Acid Size by Demand
2.3 Peracetic Acid Forecast by Demand
Chapter Three: Peracetic Acid by Type
3.1 By Type
3.1.1 TYPE 1
3.1.2 TYPE 2
3.2 Peracetic Acid Size by Type
3.3 Peracetic Acid Forecast by Type
Chapter Four: Major Region of Peracetic Acid Market
4.1 Peracetic Acid Sales
4.2 Peracetic Acid Revenue & market share
Chapter Five: Major Companies List
Chapter Six: Conclusion
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Key Market Segmentation of Peracetic Acid
By Application – Disinfectant, Sterilant, Sanitizer, Othersd
By End Use Industry – Healthcare, Food & beverage, Water treatment, Pulp & paper, others
On the basis of geography – North America & South America, Europe, Asia-Pacific, Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Major Market Drivers and Restraints: Global Peracetic Acid Market
Wide acceptance and applications of peracetic acids among end users.
Rapid innovation and advancement in technologies related to the manufacturing and growing popularity of bio chemicals.
Approval from US Food and drug Administration (FDA) as antimicrobial.
High costs of raw materials involved and lack of knowledge regarding biochemicals.
High reactive nature and hazardous health effects of peracetic acid.
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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