Peracetic Acid Market Sales,Size,Opportunities and Global Forecast to 2028
Posted by meera on October 1st, 2021
The research report on the Global Peracetic Acid Market presents a comprehensive assessment of the market, including future trends, current factors driving the growth of the market, and validated market data. The report is updated with the current economic scenario and business landscape owing to the COVID-19 pandemic. The subsequent economic slowdown and social restrictions have impacted the key segments of the markets. The report provides an extensive analysis of the impact of COVID-19 on the current market scenario and key insights into the future outlook of the market growth. The report also discusses the market segmentation by types, applications, and key regions. Key manufacturers and companies are profiled in the report.
According to the current analysis of Reports and Data, the global Peracetic Acid market was valued at USD 815.1 Million in 2020 and is expected to reach USD 1.48 Billion by year 2028, at a CAGR of 7.80%. The study covers the genre of chemicals and materials with special focus on the Peracetic Acid market. Peracetic acid (CH3CO3H), also known as Peroxyacetic acid (PAA), is an organic compound used for antimicrobial purposes. It is a colourless liquid with the specific acrid odour indicative of acetic acid.
Some of the major key companies operating in the global Peracetic Acid Market Report include:
BioSafe Systems, Peroxy Chem, Airedale Chemical, Evonik, Aditya Birla Chemicals, FMC Corp. and Solvay S.A.
The materials and chemicals industry is rapidly gaining traction in the last few years and is expected to register significant revenue growth throughout the forecast period. Raw material and chemicals are widely used across various industrial sector such as biotechnology and pharmaceutical, paper and pulp, food and beverages, agriculture, chemical and medical. Revenue growth of the global Peracetic Acid market is significantly driven by factors such as increasing investments by various market players to develop and launch enhanced products, rapid urbanization and industrial developments, rising per capita income and increasing adoption of green energy. In addition, rising funds by private and public organizations for equipment and rising adoption of biodegradable products due to increasing awareness about carbon emission concerns is further boosting market growth.
The report offers details about global positional, financial standing, license agreement, business expansion plans and product portfolios of each market player. The global Peracetic Acid market is extremely competitive and comprises various market players at regional and global levels. Major players are focusing on adopting various strategies such as product launches, mergers and acquisition, collaborations, joint ventures and partnerships to gain robust market footing and enhance their product base.
Bactericide and fungicide
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
Latin America (Brazil, Rest of LATAM)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Features of the Global Peracetic Acid Market Report:
Global Peracetic Acid market report provides details about market revenue share, drivers, restraints, opportunities, threats, limitations
The data is collected through extensive research, verified by experts and professionals in the industry
Advanced analytical tools such as feasibility analysis, Porter’s Five Forces and SWOT analysis
In depth analysis of competitive landscape with various strategic plans like business expansion, partnerships, joint ventures, product launches, mergers and acquisitions
Analysis of each segments focusing on growth trends and revenue contributions
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About the Authormeera
Joined: April 2nd, 2021
Articles Posted: 232
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