The peracetic acid market is witnessing significant growth due to its broad-spectrum antimicrobial properties and diverse applications across industries such as food processing, healthcare, water treatment, and agriculture. Its environmentally friendly nature and effectiveness as a disinfectant make it a preferred choice for various sectors.
Market Overview
Peracetic Acid Market size was valued at USD 941.02 Million
in 2023 and is poised to grow from USD 1028.53 Million in 2024 to USD 2094.97
Million by 2032, growing at a CAGR of 9.3% during the forecast period
(2025-2032).
Factors driving this growth include increased demand for
effective sanitizers, strict regulatory standards, and growing awareness of
water and food safety.
Key Market Drivers
- Rising
Demand in Food & Beverage Industry: Peracetic acid is widely used
for food disinfection and packaging sterilization to ensure food
safety and shelf-life extension.
- Stringent
Environmental Regulations: Governments are encouraging the use of eco-friendly
disinfectants like peracetic acid to reduce chemical waste and
environmental impact.
- Growing
Healthcare Sector: Increased need for hospital disinfectants and
sterilization solutions boosts market demand.
- Water
Treatment Applications: Peracetic acid's effectiveness in wastewater
disinfection drives its usage in municipal and industrial water
treatment.
- Agricultural
Demand: Use in crop protection and post-harvest treatment
supports market expansion.
Market Segmentation
By Application:
- Disinfectant:
Dominates the market due to widespread use in healthcare, food
processing, and water treatment.
- Sterilizer:
Increasing demand for medical equipment and surface sterilization.
- Sanitizer:
Essential in beverage bottling plants and food processing facilities.
- Other
Applications: Includes pulp bleaching and agricultural uses.
By End-User:
- Food
& Beverage Industry: Largest consumer for hygiene and
contamination prevention.
- Healthcare
Facilities: High usage in infection control and surgical equipment
sterilization.
- Water
Treatment Plants: Critical for safe drinking water and effluent
management.
- Agriculture:
Applied for crop protection and greenhouse sanitation.
- Pulp
& Paper Industry: Used in bleaching processes to improve
product quality.
By Form:
- Liquid
Peracetic Acid: Preferred for ease of application and rapid action.
- Powder
Form: Gaining traction in specific industrial processes
requiring stability.
Regional Insights
- North
America: Leads the market with strict sanitation regulations
and advanced food processing infrastructure.
- Europe:
Significant growth due to environmental initiatives and high hygiene
standards.
- Asia-Pacific:
Rapid expansion driven by industrial growth, rising health awareness,
and water treatment projects.
- Latin
America & Middle East: Emerging markets focusing on improving
public health and food safety.
Challenges and Opportunities
- Challenges:
Potential handling hazards and higher costs compared to
traditional disinfectants may restrain growth.
- Opportunities:
Innovations in safer formulations, expansion into emerging
markets, and increased use in organic farming present
significant opportunities.
Future Outlook
The peracetic acid market is poised for sustained
growth, supported by rising demand for eco-friendly disinfectants, advancements
in application methods, and increased focus on global hygiene standards.
Companies investing in research and safer alternatives are set to gain a
competitive edge.
Explore the full report: https://www.skyquestt.com/report/peracetic-acid-market
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