Product Code: CH 2597
The peracetic acid market size is projected to reach USD 1.67 billion by 2030 at a CAGR of 8.5% from USD 1.11 billion in 2025. Europe is estimated to account for the largest share in terms of value of the peracetic acid market in 2025.
Scope of the Report |
Years Considered for the Study | 2020-2030 |
Base Year | 2024 |
Forecast Period | 2025-2030 |
Units Considered | Value (USD Million) and Volume (Kiloton) |
Segments | Grade, Application, End-use Industry, and Region |
Regions covered | Asia Pacific, Europe, North America, Middle East & Africa, and South America |
Peracetic acid offers a highly efficient option in numerous applications because of its potent oxidizing characteristics, antimicrobial effectiveness, and eco-friendly nature. In the medical field, it is commonly utilized for sterilization and disinfection due to its capacity to eradicate a wide range of pathogens. In the food & beverage industry, it is essential for cleaning equipment and disinfecting surfaces, guaranteeing food safety and adherence to hygiene regulations. With the rapid pace of industrialization and urbanization, the need for peracetic acid increases in industries like healthcare, food processing, water treatment, and agriculture. Moreover, infrastructural advancements in areas such as Asia Pacific are boosting its application in environmental sanitation and wastewater disinfection, aiding its ongoing market expansion.
"Russia, in Europe is forecasted to be the fastest-growing peracetic acid market during the forecast period."
In the Europe region, Russia is anticipated to experience the highest growth in the peracetic acid market during the forecast period. This expansion is mainly fueled by rising investments in the nation's food processing, healthcare, and water treatment industries. Increasing worries about sanitation and microbial contamination, particularly following tougher regulatory requirements, have sped up the use of potent biocidal agents such as peracetic acid. Moreover, the government's emphasis on enhancing public health infrastructure and increasing wastewater treatment capacity is further aiding market growth. Due to continuous industrial growth and an increasing focus on sustainable disinfection options, Russia is anticipated to experience significant demand for peracetic acid in various end-use sectors.
"North America is likely to account for the second-largest share of peracetic acid market in terms of value."
North America represented the second-largest portion of the global peracetic acid market. The area's robust market presence is due to the extensive application of peracetic acid in essential sectors like food & beverage processing, healthcare, pharmaceuticals, and water treatment. The US has experienced significant use of peracetic acid because of its efficiency as a non-chlorinated disinfectant and adherence to stringent regulatory guidelines from organizations like the FDA, EPA, and USDA. Additionally, the increasing focus on food safety, infection prevention, and sustainable sanitation options continues to boost the demand for peracetic acid throughout the area.
"China is projected to be the largest market of peracetic acid in Asia Pacific during the forecast period."
In the Asia Pacific area, China will be the biggest market for peracetic acid in 2025. This prominent role is fueled by the nation's strong industrial foundation, developing food processing industry, and increasing investments in healthcare and wastewater treatment facilities. China's stringent regulations concerning hygiene and environmental safety, especially within the food & beverage and pharmaceutical sectors, have led to a rise in the usage of peracetic acid as a favored disinfectant. Moreover, the swift rate of urban growth and industrial development has increased the need for sustainable and effective sanitation solutions, further enhancing the market. With the nation focusing on public health and environmental safeguards, the need for peracetic acid is likely to stay robust across multiple end-use sectors.
Interviews:
- By Company Type: Tier 1 - 33%, Tier 2 - 40%, and Tier 3 - 27%
- By Designation: C Level - 21%, D Level - 23%, and Others - 56%
- By Region: North America - 36%, Europe - 23%, Asia Pacific - 27%, Middle East & Africa - 10% and South America - 4%
The key players profiled in the report include Solvay (Belgium), Evonik Industries AG (Germany), Ecolab Inc. (US), MITSUBISHI GAS CHEMICAL COMPANY, INC. (Japan), Enviro Tech Chemical Services (US), Jubilant Life Sciences (Jubilant Pharmova Limited) (India), National Peroxide Limited (India), Kemira OYJ (Finland), Seeler Industries Inc. (US), and Airedale Chemical (UK), among others.
Research Coverage
This report segments the market for peracetic acid based on grade, application, end-use industry, and region and provides estimations of value (USD Million) for the overall market size across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, services, and key strategies, associated with the market for peracetic acid.
Reasons to Buy this Report
This report provides insights on the following pointers:
- Analysis of key drivers (Advantages of peracetic acid over other substitutes biocides, favorable government regulations in European and North American regions, increasing water treatment procedures, rising focus on food sterilization and disinfection), opportunities (High growth potential in Asia Pacific), and restraints (Handling and storage challenges due to its highly reactive and unstable nature).
- Product Development/Innovation: Detailed insights into upcoming technologies, research & development activities, and product launches in the peracetic acid market.
- Market Development: Comprehensive information about markets - the report analyzes the peracetic acid market across varied regions.
- Market Diversification: Exclusive information about the new products & services, untapped geographies, recent developments, and investments in the peracetic acid market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Solvay (Belgium), Evonik Industries AG (Germany), Ecolab Inc. (US), MITSUBISHI GAS CHEMICAL COMPANY, INC. (Japan), and Enviro Tech Chemical Services (US) in the peracetic acid market.
TABLE OF CONTENTS
1 INTRODUCTION
- 1.1 STUDY OBJECTIVES
- 1.2 MARKET DEFINITION
- 1.3 STUDY SCOPE
- 1.3.1 MARKETS COVERED AND REGIONAL SCOPE
- 1.3.2 INCLUSIONS AND EXCLUSIONS
- 1.3.3 YEARS CONSIDERED
- 1.3.4 CURRENCY CONSIDERED
- 1.3.5 UNIT CONSIDERED
- 1.4 STAKEHOLDERS
- 1.5 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
- 2.1 RESEARCH DATA
- 2.1.1 SECONDARY DATA
- 2.1.1.1 Key data from secondary sources
- 2.1.2 PRIMARY DATA
- 2.1.2.1 Primary interviews - demand and supply sides
- 2.1.2.2 Key industry insights
- 2.1.2.3 Breakdown of primary interviews
- 2.2 MARKET SIZE ESTIMATION
- 2.2.1 BOTTOM-UP APPROACH
- 2.2.2 TOP-DOWN APPROACH
- 2.3 DATA TRIANGULATION
- 2.4 GROWTH FORECAST
- 2.4.1 SUPPLY SIDE
- 2.4.2 DEMAND SIDE
- 2.5 RESEARCH ASSUMPTIONS
- 2.6 RESEARCH LIMITATIONS
- 2.7 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
- 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN PERACETIC ACID MARKET
- 4.2 PERACETIC ACID MARKET, BY APPLICATION
- 4.3 PERACETIC ACID MARKET IN EUROPE, BY APPLICATION AND COUNTRY
- 4.4 PERACETIC ACID MARKET, BY APPLICATION
- 4.5 PERACETIC ACID MARKET, BY COUNTRY
5 MARKET OVERVIEW
- 5.1 INTRODUCTION
- 5.2 MARKET DYNAMICS
- 5.2.1 DRIVERS
- 5.2.1.1 Advantages of peracetic acid over substitute biocides
- 5.2.1.2 Favorable government regulations in European and North American regions
- 5.2.1.3 Increasing demand for water treatment procedures
- 5.2.1.4 Rising focus on food sterilization and disinfection
- 5.2.2 RESTRAINTS
- 5.2.2.1 High cost and low awareness about benefits
- 5.2.3 OPPORTUNITIES
- 5.2.3.1 High growth potential in Asia Pacific
- 5.2.3.2 Emerging applications across various industries
- 5.2.3.3 Potential substitute for biocides
- 5.2.4 CHALLENGES
- 5.2.4.1 High reactivity and corrosiveness of product
- 5.3 PORTER'S FIVE FORCES ANALYSIS
- 5.3.1 THREAT OF NEW ENTRANTS
- 5.3.2 THREAT OF SUBSTITUTES
- 5.3.3 BARGAINING POWER OF BUYERS
- 5.3.4 BARGAINING POWER OF SUPPLIERS
- 5.3.5 INTENSITY OF COMPETITIVE RIVALRY
- 5.4 KEY STAKEHOLDERS AND BUYING CRITERIA
- 5.4.1 KEY STAKEHOLDERS IN BUYING PROCESS
- 5.4.2 BUYING CRITERIA
- 5.5 MACROECONOMIC OUTLOOK
- 5.5.1 INTRODUCTION
- 5.5.2 GDP TRENDS AND FORECAST
- 5.5.3 TRENDS AND FORECAST OF GLOBAL FOOD & BEVERAGE INDUSTRY
- 5.5.4 TRENDS AND FORECAST OF HEALTHCARE INDUSTRY
- 5.5.5 TRENDS AND FORECAST OF PULP & PAPER INDUSTRY
6 INDUSTRY TRENDS
- 6.1 SUPPLY CHAIN ANALYSIS
- 6.1.1 RAW MATERIAL SUPPLIERS
- 6.1.2 PERACETIC ACID MANUFACTURERS
- 6.1.3 DISTRIBUTORS
- 6.1.4 END USERS
- 6.2 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
- 6.3 ECOSYSTEM ANALYSIS
- 6.4 PRICING ANALYSIS
- 6.4.1 AVERAGE SELLING PRICE OF PERACETIC ACID AMONG KEY PLAYERS, BY APPLICATION, 2024
- 6.4.2 AVERAGE SELLING PRICE TREND OF PERACETIC ACID, BY REGION, 2022-2030
- 6.5 TRADE ANALYSIS
- 6.5.1 IMPORT SCENARIO (HS CODE 291539)
- 6.5.2 EXPORT SCENARIO (HS CODE 291539)
- 6.6 TECHNOLOGY ANALYSIS
- 6.6.1 KEY TECHNOLOGIES
- 6.6.1.1 Stabilized formulations for enhanced safety and efficacy
- 6.6.1.2 Advanced application systems for precision delivery
- 6.6.1.3 Eco-friendly and sustainable production methods
- 6.6.2 COMPLEMENTARY TECHNOLOGIES
- 6.6.2.1 Electrochemical generation systems for on-site production
- 6.6.2.2 Microencapsulation for controlled-release applications
- 6.6.2.3 Hybrid oxidation processes for enhanced pathogen inactivation
- 6.7 CASE STUDY ANALYSIS
- 6.7.1 ENDOSCOPE STERILIZATION AT CLINICAL SCALE
- 6.7.2 POULTRY CHILLER ANTIMICROBIAL INTERVENTION
- 6.8 REGULATORY LANDSCAPE
- 6.8.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- 6.8.2 REGULATORY FRAMEWORK
- 6.8.2.1 REACH: Ensuring safe use of chemicals
- 6.8.2.2 ISO 15883: Standards for washer-disinfectors
- 6.8.2.3 Global Harmonized System (GHS) for classification and labeling
- 6.8.2.4 FDA and EFSA: Food contact and processing approvals
- 6.8.2.5 WHO guidelines for water disinfection
- 6.8.2.6 Industry-specific regulatory frameworks
- 6.8.2.7 Sustainability and environmental considerations
- 6.9 KEY CONFERENCES & EVENTS DURING 2025
- 6.10 INVESTMENT AND FUNDING SCENARIO
- 6.11 PATENT ANALYSIS
- 6.11.1 APPROACH
- 6.11.2 TOP APPLICANTS
- 6.11.3 JURISDICTION ANALYSIS
- 6.12 IMPACT OF AI/GEN AI ON PERACETIC ACID
- 6.13 IMPACT OF 2025 US TARIFF ON PERACETIC ACID MARKET
- 6.13.1 INTRODUCTION
- 6.13.2 KEY TARIFF RATES
- 6.13.3 PRICE IMPACT ANALYSIS
- 6.13.4 IMPACT ON COUNTRY/REGION
- 6.13.4.1 US
- 6.13.4.2 Europe
- 6.13.4.3 Asia Pacific
- 6.13.5 IMPACT ON PERACETIC ACID MARKET
7 PERACETIC ACID MARKET, BY GRADE
- 7.1 INTRODUCTION
- 7.2 <5% GRADE
- 7.2.1 APPLICATIONS FOR FOOD CONTACT SURFACES, DISINFECTING EQUIPMENT, AND FINAL RINSE FOR FRUITS AND VEGETABLES TO DRIVE MARKET
- 7.3 5-15% GRADE
- 7.3.1 ADVANTAGE IN RAPID DISINFECTION APPLICATIONS TO DRIVE MARKET
- 7.4 >15% GRADE
- 7.4.1 HIGH LEVEL DISINFECTION APPLICATIONS TO DRIVE MARKET
8 PERACETIC ACID MARKET, BY APPLICATION
- 8.1 INTRODUCTION
- 8.2 DISINFECTANT
- 8.2.1 DEMAND FOR DISINFECTING MEDICAL SUPPLIES TO DRIVE MARKET
- 8.3 STERILANT
- 8.3.1 ADOPTION BY FOOD INDUSTRY TO DRIVE MARKET
- 8.4 SANITIZER
- 8.4.1 APPROVAL BY REGULATORY BODIES ACROSS REGIONS TO DRIVE MARKET
- 8.5 OTHER APPLICATIONS
9 PERACETIC ACID MARKET, BY END-USE INDUSTRY
- 9.1 INTRODUCTION
- 9.2 HEALTHCARE
- 9.2.1 STERILIZATION OF MEDICAL DEVICES TO DRIVE MARKET
- 9.3 FOOD & BEVERAGE
- 9.3.1 GROWING HEALTH CONSCIOUSNESS IN EUROPE TO DRIVE MARKET
- 9.4 WATER TREATMENT
- 9.4.1 STRINGENT REGULATIONS BY WATER TREATMENT AUTHORITIES TO DRIVE MARKET
- 9.5 PULP & PAPER
- 9.5.1 USE FOR SLIME CONTROL AND AS BLEACHING AGENT TO DRIVE MARKET
- 9.6 OTHER END-USE INDUSTRIES
- 9.6.1 AGRICULTURE
- 9.6.2 WINERIES
- 9.6.3 BREWERIES
- 9.6.4 LAUNDRIES
10 PERACETIC ACID MARKET, BY FORM
- 10.1 INTRODUCTION
- 10.2 LIQUID
- 10.2.1 STANDARD COMMERCIAL FORM WIDELY USED IN DISINFECTION AND SANITATION
- 10.3 STABILIZED
- 10.3.1 ENHANCED SHELF LIFE AND SAFETY
- 10.4 POWDERED
- 10.4.1 SOLID PRECURSORS OFFERING SAFER TRANSPORT AND ON-DEMAND ACTIVATION
- 10.5 ON-SITE GENERATED
- 10.5.1 CUSTOM PREPARATION AT LARGE FACILITIES TO REDUCE STORAGE RISKS
11 PERACETIC ACID MARKET, BY REGION
- 11.1 INTRODUCTION
- 11.2 ASIA PACIFIC
- 11.2.1 CHINA
- 11.2.1.1 Government initiatives for industrial growth to drive market
- 11.2.2 INDIA
- 11.2.2.1 Growing domestic pharmaceutical sector and global investments to drive market
- 11.2.3 JAPAN
- 11.2.3.1 Well-established end-use industries to drive market
- 11.2.4 SOUTH KOREA
- 11.2.4.1 Implementation of stringent wastewater treatment regulations and expansion of food & beverage industry to drive market
- 11.3 NORTH AMERICA
- 11.3.1 US
- 11.3.1.1 Presence of major manufacturers to drive market
- 11.3.2 CANADA
- 11.3.2.1 Treatment of industrial and drinking water to drive market
- 11.3.3 MEXICO
- 11.3.3.1 Infrastructural developments to drive market
- 11.4 EUROPE
- 11.4.1 GERMANY
- 11.4.1.1 Growing food & beverage sector to drive market
- 11.4.2 UK
- 11.4.2.1 Demand for sustainable and quality products to propel market
- 11.4.3 FRANCE
- 11.4.3.1 Requirement for disinfection to drive market
- 11.4.4 ITALY
- 11.4.4.1 Government subsidy for purchase of safe biocide products to drive market
- 11.4.5 RUSSIA
- 11.4.5.1 The increasing focus on modernization and sustainability within Russia's industrial landscape to drive market
- 11.5 SOUTH AMERICA
- 11.5.1 BRAZIL
- 11.5.1.1 Easy availability of raw materials to boost market
- 11.6 MIDDLE EAST & AFRICA
- 11.6.1 UAE
- 11.6.1.1 Wastewater treatment and desalination of water to drive market
- 11.6.2 SAUDI ARABIA
- 11.6.2.1 Increasing population and expansion of healthcare sector to drive market
- 11.6.3 SOUTH AFRICA
- 11.6.3.1 Favorable government initiatives to drive market
12 COMPETITIVE LANDSCAPE
- 12.1 INTRODUCTION
- 12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
- 12.3 MARKET SHARE ANALYSIS, 2024
- 12.4 REVENUE ANALYSIS, 2024
- 12.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
- 12.5.1 STARS
- 12.5.2 EMERGING LEADERS
- 12.5.3 PERVASIVE PLAYERS
- 12.5.4 PARTICIPANTS
- 12.5.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024
- 12.5.5.1 Company footprint
- 12.5.5.2 Region footprint
- 12.5.5.3 Grade footprint
- 12.5.5.4 Application footprint
- 12.5.5.5 End-use industry footprint
- 12.6 COMPANY EVALUATION MATRIX: START-UPS/SMES, 2024
- 12.6.1 PROGRESSIVE COMPANIES
- 12.6.2 RESPONSIVE COMPANIES
- 12.6.3 DYNAMIC COMPANIES
- 12.6.4 STARTING BLOCKS
- 12.6.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024
- 12.6.5.1 Detailed list of key startups/SMEs
- 12.6.5.2 Competitive benchmarking of key startups/SMEs
- 12.7 COMPANY VALUATION AND FINANCIAL METRICS
- 12.8 PRODUCT COMPARISON
- 12.9 COMPETITIVE SCENARIO
- 12.9.1 PRODUCT LAUNCHES
- 12.9.2 DEALS
13 COMPANY PROFILES
- 13.1 MAJOR PLAYERS
- 13.1.1 SOLVAY
- 13.1.1.1 Business overview
- 13.1.1.2 Products/Solutions/Services offered
- 13.1.1.3 MnM view
- 13.1.1.3.1 Right to win
- 13.1.1.3.2 Strategic choices
- 13.1.1.3.3 Weaknesses & competitive threats
- 13.1.2 EVONIK INDUSTRIES AG
- 13.1.2.1 Business overview
- 13.1.2.2 Products/Solutions/Services offered
- 13.1.2.3 Recent developments
- 13.1.2.4 MnM view
- 13.1.2.4.1 Right to win
- 13.1.2.4.2 Strategic choices
- 13.1.2.4.3 Weaknesses & competitive threats
- 13.1.3 ECOLAB INC.
- 13.1.3.1 Business overview
- 13.1.3.2 Products/Solutions/Services offered
- 13.1.3.3 MnM view
- 13.1.3.3.1 Right to win
- 13.1.3.3.2 Strategic choices
- 13.1.3.3.3 Weaknesses & competitive threats
- 13.1.4 MITSUBISHI GAS CHEMICAL COMPANY
- 13.1.4.1 Business overview
- 13.1.4.2 Products/Solutions/Services offered
- 13.1.4.3 MnM view
- 13.1.4.3.1 Right to win
- 13.1.4.3.2 Strategic choices
- 13.1.4.3.3 Weaknesses & competitive threats
- 13.1.5 ARXADA AG
- 13.1.5.1 Business overview
- 13.1.5.2 Products/Solutions/Services offered
- 13.1.5.3 Recent developments
- 13.1.5.3.1 Product Launches
- 13.1.5.3.2 Deals
- 13.1.5.4 MnM view
- 13.1.5.4.1 Right to win
- 13.1.5.4.2 Strategic choices
- 13.1.5.4.3 Weaknesses & competitive threats
- 13.1.6 JUBILANT LIFE SCIENCES (JUBILANT PHARMOVA LIMITED)
- 13.1.6.1 Business overview
- 13.1.6.2 Products/Solutions/Services offered
- 13.1.6.3 MnM view
- 13.1.6.3.1 Right to win
- 13.1.6.3.2 Strategic choices
- 13.1.6.3.3 Weaknesses & competitive threats
- 13.1.7 NATIONAL PEROXIDE LIMITED
- 13.1.7.1 Business overview
- 13.1.7.2 Products/Solutions/Services offered
- 13.1.7.3 MnM view
- 13.1.7.3.1 Right to win
- 13.1.7.3.2 Strategic choices
- 13.1.7.3.3 Weaknesses & competitive threats
- 13.1.8 KEMIRA OYJ
- 13.1.8.1 Business overview
- 13.1.8.2 Products/Solutions/Services offered
- 13.1.8.3 MnM view
- 13.1.8.3.1 Right to win
- 13.1.8.3.2 Strategic choices
- 13.1.8.3.3 Weaknesses & competitive threats
- 13.1.9 SEELER INDUSTRIES INC.
- 13.1.9.1 Business overview
- 13.1.9.2 Products/Solutions/Services offered
- 13.1.9.3 MnM view
- 13.1.9.3.1 Right to win
- 13.1.9.3.2 Strategic choices
- 13.1.9.3.3 Weaknesses & competitive threats
- 13.1.10 AIREDALE CHEMICAL
- 13.1.10.1 Business overview
- 13.1.10.2 Products/Solutions/Services offered
- 13.1.10.3 MnM View
- 13.1.10.3.1 Right to win
- 13.1.10.3.2 Strategic choices
- 13.1.10.3.3 Weaknesses & competitive threats
- 13.2 OTHER PLAYERS
- 13.2.1 SEITZ GMBH
- 13.2.2 BELINKA PERKEMIJA
- 13.2.3 THAI PEROXIDE LIMITED (ADITYA BIRLA CHEMICALS)
- 13.2.4 CHRISTEYNS
- 13.2.5 PROMOX
- 13.2.6 ACURO ORGANICS LIMITED
- 13.2.7 STOCKMEIER GROUP
- 13.2.8 KERSIA GROUP
- 13.2.9 NOVADAN APS
- 13.2.10 HYDRITE CHEMICAL CO.
- 13.2.11 EVOQUA WATER TECHNOLOGIES LLC.
- 13.2.12 BIOSAFE SYSTEMS
- 13.2.13 LUBRIZOL
- 13.2.14 CHEMTEX SPECIALITY LIMITED
- 13.2.15 VIROX TECHNOLOGIES INC.
14 ADJACENT & RELATED MARKETS
- 14.1 INTRODUCTION
- 14.2 LIMITATIONS
- 14.3 WATER TREATMENT CHEMICALS
- 14.3.1 MARKET DEFINITION
- 14.3.2 MARKET OVERVIEW
- 14.3.3 WATER TREATMENT CHEMICALS MARKET, BY REGION
- 14.3.3.1 Asia Pacific
- 14.3.3.2 Europe
- 14.3.3.3 North America
- 14.3.3.4 Middle East & Africa
- 14.3.3.5 South America
15 APPENDIX
- 15.1 DISCUSSION GUIDE
- 15.2 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
- 15.3 CUSTOMIZATION OPTIONS
- 15.4 RELATED REPORTS
- 15.5 AUTHOR DETAILS