Global Peroxyacetic Acid Market: Market Overview
Peroxyacetic acid is also known as peracetic acid or PAA, is an organic compound having a formula of CH3CO3H which is a colorless and highly acidic liquid. In the manufacturing process of peroxyacetic acid, acetic acid and hydrogen peroxide are used as principal constituent. Compared to parent acetic acid peroxyacetic acid is weaker acid.
This chemical is commercially sold in its refined structure, distilled or as a 1-50% solution containing hydrogen peroxide acidic acid and water. Peroxyacetic acid is considered as the most grounded oxidizing agent with a scope of applications including sanitization, disinfection, bleaching and sterilization. These applications mostly decompose in to the environment and do not leave any unsafe buildup. These flexible properties of the chemical settle on it the favored choice of different family, households and end users.
The global peroxyacetic acid market is expected to reach at US$XX billion by 2027 and is estimated to reach XX million kilo tons by 2027 at a CAGR of XX% over the forecast year.
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