TMR_Research_Reports_2017 Peracetic Acid Market Global Industry Analysis2020 | Page 2

Peracetic Market REPORT Peracetic Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 – 2020 Key companies in the global peracetic acid market are sourcing their channels to boost their presence in the emerging nations. Large investments in research and development are being made by companies to acquire an edge above other companies. Private companies in the peracetic acid market are taking the help of government agencies and are striving to generalize the use of peracetic acid in water treatment and other similar applications. Some of the vendors operating in the global peracetic acid market are: Solvay S.A., Evonik Industries, Kemira Oyj, Promox S.p.A., Mitsubishi Gas Chemical Inc., Ecolab Inc., Thai Peroxide Limited, PeroxyChem LLC, and Diversey Inc., states a new report by Transparency Market Research (TMR). According to the report, the global peracetic acid market will be worth US$652.9 mn by 2020. By end user, the global peracetic acid market will be led by the food and beverage segment on account of growing demand for frozen meat products and also for beverages such as aerated and non-aerated drinks. Browse Market Research Report @ http://www.transparencymarketresearch.com/peracetic- acid-market.html The high demand for clean and safe water not just for households but also for industrial applications is expected to boost the water treatment segment in the years to come, says a TMR analyst. On account of the high demand from emerging nations such as India and China, the Asia Pacific market is anticipated to lead in the peracetic acid market, taking the place of North America, which was leading previously on the basis of geography in the peracetic acid market. The demand will also be noteworthy from Latin America and the Middle East. This will ensure the healthy growth of the peracetic acid market in the Rest of the World Cost Effectiveness of Peracetic Acid to Drive Demand in Forecast Period The growing demand for peracetic acid from water treatment sector will fuel the growth of this market. The food and beverages segment will also drive the sales of peracetic acid in the coming years. This market is anticipated to experience a lot of interest in the coming years on account of the ability of peracetic acid to inactivate bacterial performance in a cost effective manner as opposed to other disinfection technologies. Transparency Market Research 2