Peracetic Acid Market Overview Growth, Restraints, Trends, Company Profiles

Posted by meera on October 8th, 2021

Reports and Data’s latest report, titled “Global Peracetic Acid Market,” thoroughly studies the global Peracetic Acid market to offer accurate market projections such as forecast market size and value, revenue share, and market revenue growth rate. The report is a descriptive summary of the Peracetic Acid business sphere and offers an in-depth study of the key market trends and growth prospects. It identifies the top products and services offered by this industry and analyzes their application scope and end-use industries. The report presents key industry statistics in a tabular format to help readers gain viable insights into the Peracetic Acid industry and its core mechanisms.

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.  

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.

About Us:
We are a boutique market intelligence and strategic consulting firm dedicated to make an meaningful impact on businesses across the globe. Our stellar estimation and forecasting models have earned recognition across majority of the business forum across the globe. Our services are arrayed over diverse sectors and industries looking to expand in alternative regions and products.

 

 

 

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meera

About the Author

meera
Joined: April 2nd, 2021
Articles Posted: 232

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