Global Peroxyacetic Acid Market Research Report - Forecast to 2025
Published | July 2019
According to BlueWeave Consulting, The Global Peroxyacetic Acid Market is expected to grow at a significant rate, during the forecast period 2019-2025. This growth is driven by a number of reasons such as mounting utilization of peracetic acid in various applications, like disinfectant, sanitizer, bleach, sterilant, industrial reagent, oxidizer. Peracetic acid is an ideal sterilant owing to its benefits, like water solubility, leaving no residue after rinsing, and no harmful health or environmental effects.
In fact, the food industry has adopted peracetic acid as a key material for sterilization method due to these positive properties and safety characteristics. The peroxyacetic acid has got approval from U.S Food and Drug Administration as a safe chemical and an antimicrobial to keep food hygiene for a longer period of time. This has helped the peroxyacetic acid to develop several new applications such as microbial disinfectants and food preservatives in a few years. The increasing uses of applications areas such as food industries, healthcare industries, beverages industries, and others boost the demand over the forecast period.
Europe accounts for the lion’s share of the Global Peroxyacetic acid market during the anticipated period.
On the basis of region, the Peroxyacetic acid market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Europe is the largest market of Peracetic acid followed by North America over the forecast period. The Asia-Pacific region is anticipated to witness the fastest growth during the forecast period. This growth is primarily attributable to the increasing demand of peracetic acid from the key industries of emerging nations, like China, India and Japan. China stands on the top most position as producers which account the total of around 50% of the global market.
Global Peroxyacetic acid Product Market Competitive Landscape
Companies, such as Solvay Chemicals, Evonik Industries, Ecolab, Aditya Birla Chemicals, Promox S.P.A, Christeyns, Enviro Tech Chemical Services, Peroxychem, Seitz GMBH and among others are the major players in the market, providing Peroxyacetic acid market.
Study Objectives of Peroxyacetic acid markets Market.
• To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Peroxyacetic acid markets Market.
• To provide insights about factors affecting the market growth.
• To analyze the Peroxyacetic acid markets market based Porter’s Five Force Analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to five geographies and their countries- North America, Europe, Asia Pacific, Middle East & Africa, and Latin America
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Peroxyacetic acid market.
• Manufactures of end-use industry
• Raw material Suppliers
• Aftermarket suppliers
• Research Institute / Education Institute
• Potential Investors
• Key executive (CEO and COO) and strategy growth manager
The reports also cover country level analysis:
· Rest of Europe
Asia – Pacific
· Rest of Asia-Pacific
Middle East & Africa