Category: Business

Peracetic acid is a versatile chemical compound with strong antimicrobial properties, commonly used as a disinfectant, sanitizer, and sterilizing agent in various industries such as food and beverage, healthcare, and water treatment. It is highly effective against a wide range of microorganisms, including bacteria, viruses, fungi, and spores. Peracetic acid is known for its fast-acting and biodegradable nature, making it an environmentally friendly choice for disinfection applications. The global peracetic acid market size is projected to grow from USD 1.0 billion in 2023 to USD 1.4 billion in 2028, at a CAGR of 7.4%. Peracetic acid is a liquid mixture of hydrogen peroxide and acetic acid, play a pivotal role in various industries, including healthcare, food & beverages, water treatment, pulp & paper and others. These versatile chemicals have gained significant importance due to their wide range of applications, from disinfectant to sterilant. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1111 Peracetic Acid Manufacturers: There are various small, medium, and large players operating in the market. Some of the major market players include Solvay (Belgium), Evonik Industries AG (Germany), Ecolab Inc. (US), Mitsubishi Gas Chemical Company (Japan), Enviro Tech Chemical Services (US), Jubilant Life Sciences (India), National Peroxide Ltd. (India), Kemira Oyj (Finland), Seeler Industries Inc. (US), and Airedale Chemicals (UK) among others, have framed their strategies to penetrate and create bases in these emerging markets. These products are manufactured in accordance with the limits imposed by organizations and governments. All of these factors are projected to help to the long-term development of peracetic acid market players over the following five years. The future growth prospects for peracetic acid appear promising. The expansion of industries such as food & beverages, healthcare, pulp & paper is expected to further drive demand. peracetic acid is used as a sustainable biocide for aseptic packaging of food and beverages, in cosmetics and hair bleaching, for environmentally friendly water and wastewater treatment, for smart sustainable aquaculture solutions, for disinfection in agriculture, for chemical synthesis, for sterilisation in hospital hygiene, or for cleaning and disinfecting laundry and textiles.