Peracetic Acid Market Worth, Key Market Players, Trends & Forecast, 2020–2028

Posted by meera on October 5th, 2021

Reports and Data has recently published a new report titled “Global Peracetic Acid Market Forecast to 2028” that offers an in-depth assessment of current market scenario and dynamics along with a comprehensive impact of the COVID-19 pandemic on the materials & chemicals industry. The report provides a panoramic view of the market and insights that will help formulate better and informed business decisions. The report also discusses in detail about the key factors influencing the market growth. The report provides a comprehensive analysis of the drivers, restraints, limitations, threats, and growth opportunities in the market along with a complete analysis of key companies operating in the market. All the findings and data have been gathered through extensive primary and secondary research with further validation from industry experts, professionals, and research analysts.

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.

Market Overview:

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. 

Competitive Landscape:

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.

Type Outlook:

Solution Grade

Distilled Grade

Application Outlook:

Bactericide and fungicide

Bleaching agent

Sterilizing agent

Polymerization catalyst

Sanitizing agent

Regional Outlook:

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

Thank you for reading our research report. Kindly note that we also provide report customization as per client requirement. Contact us to know more about the customization feature and our team will offer you the best suited report.

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