Global Peroxyacetic Acid Market Outlook – research report, by product types (Disinfectant, Sanitizer & Sterilant) by applications (food industry, healthcare industry, water treatment, Pulp & Paper Industries, Others) - forecast to 2027
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.
Global Peroxyacetic Acid Market: Applications
Peroxyacetic Acid is used in the major applications such as food industry, healthcare industry, water treatment industry, pulp & paper industries and others such as agriculture and laundry. Peroxyacetic acid is utilized as an antimicrobial for indoor hard surfaces, for example, bathrooms, washrooms, medicinal offices, sustenance foundations and rural premises. It can furthermore be utilized as a part of wineries, beverage plants, and bottling works as pasteurizers, on nourishment preparing equipment, in dairy/cheddar handling plants, as disinfectant in therapeutic supplies, in pulp industry for anticipation of bio film development, and as disinfectant and water purifier. It can also be used to protect food for a longer period of time.
Global Peroxyacetic Acid Market: Market Growth Influencer
The global peroxyacetic acid market is completely driven by the rising in the use of applications areas such as food industries, healthcare industries, beverages industries and others. The demand from these industries have resulted increase in demand of peroxyacetic acid. The peroxyacetic acid has got the approval from U.S Food and Drug Administration as a safe chemical and an antimicrobial for 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 the few years. Peroxyacetic acid is widely used in the food and processing industry to preserve fishery, meat and poultry product for a longer time. Application such as beverages processing, is also a major driving factor of the global peroxyacetic acid market. The advanced production technologies and increasing recognition of bio based chemical along with innovative techniques in various applications has created a positive impact on the global peroxyacetic acid market.
Global Peroxyacetic Acid Market: Market Segmentation
The global peroxyacetic acid market is segmented into product types and application types.
The product type is divided into three types which include: Disinfectant Sanitizer Sterilant The application type is divided into five types which include: Food Industry Healthcare Industry Water Treatment Industry Pulp & Paper Industries Others Such As Agriculture And Laundry
Global Peroxyacetic Acid Market: Regional Analysis
Peroxyacetic Acid holds a strong presence in the global market and has got popularity for preventive food from getting ruined. This product is majorly preferred in the food and beverages industries. As per MRFR analysis, Western Europe has been considered as the largest market for Peroxyacetic Acid where North America holds the second largest market. Asia – Pacific is one of the fastest growing regions where China and India are considered as the largest market share and particularly China is known for huge consumption. The Middle East & Africa and Rest of the World have a potential scope to grow and are expected to have a health market environment in the forecasted year. Even Middle East & Africa is one of the most preferred meet and processed food consumption region which can help the global peroxyacetic market to create a good hold in the market.
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Global Peroxyacetic Acid Market: Key Players
The key players present in the Carrageenan Market includes Promox S.P.A., Christeyns, Helios Group, Enviro Tech Chemical Services, Peroxychem, Evonik Industries, Solvay Chemicals, Ecolab, Aditya Birla Chemicals, Seitz GMBH, Mitsubishi Gas Chemicals, Kemira Chemicals and others.
Market Research Future introduces about the Global Peroxyacetic Acid Market during the forecast period 2017-2027 which mainly includes the growth drivers, trends and restraints and how the market will grow in the future across the globe. In this report, Market Research Future has focused on the current market scenario which includes market segmentation, market dynamics, and competitive landscape along with company profiles.
The reports also covers brief analysis of Geographical Region includes:
North America US Canada Latin America Argentina Brazil Mexico Rest of LATAM
Western Europe Germany France Italy Spain U.K Rest of Western Europe Eastern Europe Poland Russia
Asia – Pacific
Asia China India Japan South Korea Rest of Asia Pacific Countries Australia New Zealand
The Middle East & Africa
Middle East Saudi Qatar UAE Rest of Middle East Africa South Africa Rest of Africa
Every report of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report also gives a broad study of the different market segments and regions.
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