Peracetic Acid Market Size, Share, and Growth Analysis, By Grade (Solution Grade, Distilled Grade), By Application (Disinfectant, Sterilant), By End-Use, By Region - Industry Forecast 2026-2033

Peracetic Acid Market size was valued at USD 1444.14 Million in 2024 and is poised to grow from USD 1556.78 Million in 2025 to USD 2839.08 Million by 2033, growing at a CAGR of 7.8% during the forecast period (2026-2033).

The peracetic acid market is experiencing notable growth, primarily driven by its increasing application in water treatment due to rising demands for safe drinking water amid population growth and water scarcity. This versatile compound is essential in various industries such as dairy, food processing, and beverage production, where it serves as an effective disinfectant. Additionally, its use in medical settings for sterilizing instruments reflects its importance in healthcare. Rapid industrialization, coupled with heightened awareness of environmental benefits, further fuels demand across sectors like textiles and paper manufacturing. However, the market faces challenges due to peracetic acid's corrosive nature and potential toxicity, which may impact its adoption and require careful handling advancements.

Top-down and bottom-up approaches were used to estimate and validate the size of the Peracetic Acid market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Peracetic Acid Market Segments Analysis

Global Peracetic Acid Market is segmented by Grade, Application, End-Use and region. Based on Grade, the market is segmented into Solution Grade and Distilled Grade. Based on Application, the market is segmented into Disinfectant, Sterilant, Sanitizer, Oxidizer and Other Applications. Based on End-Use, the market is segmented into Healthcare, Food and Beverage,Water Treatment, Pulp and Paper, Chemicals and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Peracetic Acid Market

The demand for peracetic acid is experiencing growth due to its effective application in wastewater disinfection. Utility companies utilize this disinfectant to eliminate pathogenic microorganisms that pose risks of waterborne diseases. Peracetic acid demonstrates the ability to treat a wide range of disease-causing agents, including bacteria, helminths, spores, and protozoa, making it an ideal choice for disinfection. Available in concentrations between 5% and 22%, it releases free hydrogen peroxyl (HO2) and hydroxyl (OH) radicals when dissolved in water, which significantly enhance its oxidizing properties and disinfection effectiveness. As wastewater treatment processes expand, the global peracetic acid market is poised for continued growth.

Restraints in the Peracetic Acid Market

The peracetic acid market faces significant challenges due to the chemical's strong, unpleasant odor and corrosive properties. Exposure to peracetic acid poses various health risks, making it potentially hazardous to skin, eyes, and the respiratory system. Additionally, the chemical's violent reactions with soft metals like brass, copper, iron, and zinc can lead to severe damage and safety concerns. These factors contribute to its limited acceptance and use, ultimately restraining the growth and expansion of the global peracetic acid market. Consequently, safety regulations and handling procedures must be strictly enforced to mitigate these risks.

Market Trends of the Peracetic Acid Market

The Peracetic Acid market is witnessing significant growth driven by evolving consumer lifestyles and rising purchasing power across both emerging and developed regions. The upsurge in urban populations, coupled with the increasing number of working women, is fueling demand for processed food and higher standards of water quality. As a versatile sanitizer and preservative, Peracetic Acid's application in meat, poultry, and seafood products underscores its importance in food safety and preservation. The ongoing emphasis on hygiene and food quality, alongside growing environmental concerns, highlights Peracetic Acid's role in sanitary practices, positioning it favorably for market expansion.