PUBLISHER: IMARC | PRODUCT CODE: 1746971
PUBLISHER: IMARC | PRODUCT CODE: 1746971
Japan peracetic acid market size reached USD 61.8 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 96.6 Million by 2033, exhibiting a growth rate (CAGR) of 5.1% during 2025-2033. The escalating demand for processed and frozen food products is propelling the usage of peracetic acid to preserve the quality, freshness, and taste of meat products, which is primarily driving the market growth.
Peracetic acid serves as a potent oxidizing agent extensively employed for its disinfection, sterilization, and sanitization attributes across diverse sectors, including food processing, healthcare, and water treatment. This chemical is characterized by its clear, colorless nature and remarkable reactivity, accompanied by a sharp odor reminiscent of acetic acid. Peracetic acid belongs to the peroxide family, characterized by the presence of an oxygen-oxygen single bond. Its synthesis involves the reaction between acetic acid and hydrogen peroxide, resulting in the in-situ production of peracetic acid. Notably, peracetic acid demonstrates exceptional efficacy against a wide spectrum of microorganisms, encompassing viruses, bacteria, fungi, and spores. Its antimicrobial action is broad, disrupting the cellular membranes of microorganisms, ultimately leading to their demise. Additionally, peracetic acid exhibits proficiency in eradicating biofilms, a common source of contamination in various industrial settings.
The burgeoning agricultural sector stands as a primary driver propelling the Japan peracetic acid market forward. This growth is substantiated by the widespread adoption of the agent in agriculture, where it effectively mitigates bacterial and fungal infestations in soil and crops. Furthermore, the market benefits from the increasing use of peracetic acid in water treatment applications to meet the escalating demand for safe and potable water supplies. Simultaneously, the healthcare domain contributes significantly to the demand for peracetic acid. Its use extends to surface disinfection, equipment sterilization, and high-level disinfection of medical instruments, all crucial aspects in the ongoing battle against hospital-acquired infections (HAIs). In addition, the pulp and paper industry utilizes peracetic acid to fulfill the mounting requirement for high-quality paper products while adhering to eco-friendly production practices. The eco-conscious consumer trend also fuels the adoption of peracetic acid in organic and natural products, ensuring the absence of harmful chemicals and toxins. The market's growth trajectory benefits further from innovations in reactor technology and optimized production processes, enhancing peracetic acid production capacity and fostering a positive market outlook. These factors will collectively fuel the market growth in the coming years.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the key players include: