PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1752182
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1752182
The Global Peracetic Acid Market is valued at approximately USD 0.16 billion in 2024 and is anticipated to expand at a CAGR of 7.80% over the forecast period from 2025 to 2035. Peracetic acid (PAA), a potent oxidizer with broad-spectrum antimicrobial properties, has increasingly carved out its role in various industrial and institutional domains. This colorless, highly reactive liquid has surged in prominence due to its rapid decomposition into environmentally benign residues-making it a preferable substitute over conventional chlorine-based disinfectants. The shifting tide toward sustainable sanitation practices, coupled with rising regulatory scrutiny on chemical toxicity, has accelerated the transition toward PAA-based applications across food processing, water treatment, and healthcare sterilization sectors.
The swelling global awareness regarding food hygiene, water-borne infections, and surface disinfection in sensitive environments has contributed significantly to the rising demand for peracetic acid. The compound's effectiveness in biofilm removal and microbial load reduction has seen it gain traction in the beverage industry, clean-in-place (CIP) systems, and agricultural sanitation practices. Concurrently, innovations in formulation stability and concentration optimization are enabling safer and more efficient industrial usage, thereby expanding the operational scope of peracetic acid across more specialized applications such as polymerization catalysts and medical device sterilants. However, despite its environmental benefits, its corrosive nature, high reactivity, and handling hazards continue to pose operational constraints that manufacturers are striving to mitigate with buffered or diluted variants.
Regionally, North America remains at the helm of the peracetic acid market, owing to its strong regulatory framework, growing biocidal application demand, and technological advancements in water treatment and food safety. The region's high penetration in healthcare and pharma sectors further supports its dominant share. Europe follows closely, buoyed by its stringent environmental directives and robust pulp & paper industry, which has integrated peracetic acid into eco-friendly bleaching processes. Meanwhile, Asia Pacific is witnessing the fastest growth, driven by rapid urbanization, industrial expansion, and rising healthcare infrastructure investments in emerging economies like India and China. Government-driven sanitation initiatives and clean water mandates are especially catalyzing the region's demand for PAA-based formulations.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained below: