Peracetic Acid Market worth $664.24 Million by 2018
Peracetic Acid Market worth $664.24 Million by 2018
The Report “Peracetic Acid Market by Type (Disinfectant, Sanitizer, Sterilant, & Others), by Application (Healthcare, Food,
Water Treatment, Pulp & Paper, & Others), by Geography (North America, Europe, Asia-Pacific, & ROW) - Global Trends
& Forecasts to 2018” report analyzes the global peracetic acid market with respect to market drivers, opportunities, and
trends in different regions.
Browse 83 market data tables and 33 figures spread through 221 Slides and in-depth TOC on "Peracetic Acid Market”
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The peracetic acid applications are significantly penetrating in their end-user industry markets. They have different
characteristics as per their manufacturing and application requirements in the end products. The Asia-Pacific region is
expected to dominate the global market with its growing demand for peracetic acid in different application segments,
especially the healthcare, water treatment, food, and pulp & paper. The peracetic acid market in this region is estimated to
witness a strong growth in the next five years, with the allied industries expected to stabilize the overall business need in
the respective regions.
R&D will be a key part of the peracetic acid market as the newer applications, such as agricultural premises, wineries,
breweries, and laundry can be the vital drivers of the overall market. The manufacturing companies, research associations,
and end-product manufacturers need to infuse high investments for future advancements and technology modifications of
peracetic acid to match the new demands from various end-user industries.
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Europe is the largest region, both in terms of volume and value, followed by North America and Asia-Pacific. India, China,
Brazil, and Russia are expected to persist as successful markets. The key players in the global peracetic acid market include
Solvay Chemicals (Belgium), Evonik Industries (Germany), PeroxyChem (U.S.), Kemira Chemicals (Finland), Ecolab (U.S.),
Enviro Tech Chemical Services (U.S.), and Aditya Birla Chemicals (India).
The emerging South-East Asian nations that host the global events related to chemical industry would supplement the
growth of peracetic acid market. An improved growth in industrial manufacturing, local end-user production, and increasing
population in emerging economies will drive the consumption of peracetic acid. Also, the key exporters besides the players
in China, such as Solvay Chemicals and Evonik Industries, have been expanding the capacity of peracetic acid in the recent
past.
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The global peracetic acid market was estimated to be $448.36 million in 2013, and is projected to reach $664.24 million by
2018, growing at a CAGR of 8.2% during the period under review. The high demand across the industries, such as
healthcare, food, water treatment and others will increase the overall peracetic acid consumption.
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