PUBLISHER: Polaris Market Research | PRODUCT CODE: 1786854
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1786854
The peracetic acid market size is expected to reach USD 1,685.58 million by 2034, according to a new study by Polaris Market Research. The report "Peracetic Acid Market Size, Share, Trend, Industry Analysis Report By Grade (<5% Grade, 5%-15% Grade, >15% Grade), By Application, By End Use, By Region - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The peracetic acid market represents a dynamic segment of the specialty chemicals industry, characterized by its wide applicability across sanitation, disinfection, and sterilization processes. Peracetic acid, a powerful oxidizing agent formed by combining acetic acid and hydrogen peroxide, is valued for its rapid antimicrobial activity and minimal environmental residue. Demand continues to rise in sectors requiring stringent microbial control, particularly in food processing, water treatment, and healthcare. Growing concerns over resistant pathogens and contamination risks are pushing industries toward more reliable and residue-free solutions, positioning peracetic acid as a preferred alternative to chlorine-based agents.
The peracetic acid industry is witnessing increased adoption driven by regulatory pressure for safer, environmentally responsible disinfection methods and a shift toward sustainable operational practices. End users are prioritizing nontoxic biocidal agents that meet both efficacy and environmental compliance standards. Technology providers are responding through advancements in formulation, packaging, and delivery mechanisms to improve safety, stability, and ease of use. Additionally, expanding awareness about biosecurity in agricultural practices and infection control in clinical environments is unlocking new demand potential.
There is a growing focus on product customization to meet specific industry standards and protocols, encouraging suppliers to invest in application-specific research and development (R&D). Automated dosing systems and digital monitoring tools are also emerging as enablers of precise and efficient use of peracetic acid, especially in high-throughput environments. The combination of strong regulatory backing, operational efficiency, and broad-spectrum antimicrobial efficacy continues to shape the market's evolution, creating long-term growth opportunities for both chemical manufacturers and solution integrators.
By grade, 5%-15% grade segment dominated the market in 2024 due to its balanced effectiveness and safety profile across multiple industrial and institutional applications.
Based on application, the disinfectant segment held the largest revenue share in 2024, driven by strong demand in healthcare and food processing environments where microbial control is a regulatory and operational priority.
North America held a significant share of the peracetic acid market revenue in 2024 due to strong adoption across healthcare and food processing industries, where stringent disinfection standards drive demand for high-performance biocidal agents.
The market in Asia Pacific is expected to grow significantly during the forecast period, due to rapid expansion in the food & beverage, healthcare, agriculture, and pharmaceutical sectors that demand reliable, eco-friendly sanitation agents.
A few global key players include Aditya Birla Management Corporation Pvt. Ltd.; Diversey, Inc; Ecolab; Enviro Tech Chemical Services, Inc.; Evonik Industries AG; FMC Corporation; Kemira; MITSUBISHI GAS CHEMICAL COMPANY, INC.; SEITZ GmbH; and Solvay.
Polaris Market Research has segmented the peracetic acid market report on the basis of grade, application, end use, and region:
By Grade Outlook (Volume, Kilotons; Revenue, USD Million, 2020-2034)
<5% Grade
5%-15% Grade
>15% Grade
By Application Outlook (Volume, Kilotons; Revenue, USD Million, 2020-2034)
Disinfectant
Sanitizer
Sterilant
Others
By End Use Outlook (Volume, Kilotons; Revenue, USD Million, 2020-2034)
Food & Beverage
Healthcare
Pulp & Paper
Water Treatment
Others
By Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2020-2034)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Vietnam
Australia
Rest of Asia Pacific
Latin America
Argentina
Brazil
Mexico
Rest of Latin America
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Rest of Middle East & Africa