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Global Peracetic Acid Market to reach USD XX billion by the end of 2030.

Global Peracetic Acid Market Size study & Forecast, by Application (Sterilizer, Disinfectant, Sanitizer, Other), by End-User (Healthcare, Food & Beverages, Water Treatment, Pulp & Paper, Others) and Regional Analysis, 2023-2030

Product Code: CMCC-25910543
Publish Date: 10-01-2024
Page: 200

Global Peracetic Acid Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% during the forecast period 2023-2030. Peracetic acid is a strong and versatile oxidizing agent. It is a chemical compound with the formula CH₃CO₃H. Peracetic acid is a colorless liquid with a pungent odor, and it is highly reactive due to the presence of the peroxide and peroxy functional groups. The key factors driving the market growth are growing demand for water treatment procedures, rising focus on food sterilization and disinfection, and expansion in healthcare & life sciences that are anticipated to support the market growth during the projected period 2023-2030.

Additionally, the growing water and wastewater treatment sector has been a significant driver for the Peracetic Acid Market. Peracetic acid is a potent disinfectant and sterilization agent. In water and wastewater treatment, it is used to eliminate or control the growth of microorganisms such as bacteria, viruses, and fungi. As the demand for effective disinfection in water treatment plants increases, peracetic acid becomes a preferred choice due to its efficacy and ability to break down into environmentally friendly byproducts. According to Statista, in 2022, the global water and wastewater treatment market was valued at USD 301.77 billion, and it is anticipated to reach USD 536.41 billion by 2030. As a result, the growing water and wastewater treatment is anticipated to support the market growth. Moreover, growing awareness of eco-friendly disinfectants and emerging applications across various industries is anticipated to create a lucrative opportunity for the market over the projected period. However, the high cost and low awareness about benefits stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Peracetic Acid Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the growing water and wastewater treatment plants, the presence of key market players, and the growing food and beverages industry. Whereas, the Asia Pacific is expected to grow with the highest CAGR over the forecast period, owing to factors such as the expansion in healthcare and pharmaceutical sectors, growing awareness of environmental benefits, and increasing demand in food and beverage industry.

Major market player included in this report are:
Solvay (Belgium)
Evonik Industries AG (Germany)
Ecolab Inc. (US)
Mitsubishi Gas Chemical Company, Inc. (Japan)
Enviro Tech Chemical Services, Inc (US)
Jubilant Pharmova Limited (India)
National Peroxide Ltd. (India)
Kemira Oyj (Finland)
Seeler Industries Inc. (US)
Airedale Chemical Co Ltd (UK)

Recent Developments in the Market:
Ø In May 2023, Evonik Industries AG has achieved registration approval from the U.S. Environmental Protection Agency (EPA) for its groundbreaking product, VIGOROX, a peracetic solution. This EPA-registered trident now stands as a powerful tool in aquaculture for maintaining water quality. The introduction of VIGOROX marks a significant enhancement to Evonik’s product portfolio, showcasing the company’s commitment to innovative solutions in the field.

Global Peracetic Acid Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Application, End-User, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application:
Sterilizer
Disinfectant
Sanitizer
Other

By End-User:
Healthcare
Food & Beverages
Water Treatment
Pulp & Paper
Others

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Peracetic Acid Market, by Region, 2020-2030 (USD Billion)
1.2.2. Peracetic Acid Market, by Application, 2020-2030 (USD Billion)
1.2.3. Peracetic Acid Market, by End-User, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Peracetic Acid Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Peracetic Acid Market Dynamics
3.1. Peracetic Acid Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Growing demand for water treatment procedures
3.1.1.2. Rising focus on food sterilization and disinfection
3.1.1.3. Expansion in healthcare & life sciences
3.1.2. Market Challenges
3.1.2.1. High cost and low awareness about benefits
3.1.3. Market Opportunities
3.1.3.1. Growing awareness of eco-friendly disinfectants
3.1.3.2. Emerging applications across various industries
Chapter 4. Global Peracetic Acid Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Peracetic Acid Market, by Application
5.1. Market Snapshot
5.2. Global Peracetic Acid Market by Application, Performance – Potential Analysis
5.3. Global Peracetic Acid Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
5.4. Peracetic Acid Market, Sub Segment Analysis
5.4.1. Sterilizer
5.4.2. Disinfectant
5.4.3. Sanitizer
5.4.4. Other
Chapter 6. Global Peracetic Acid Market, by End-User
6.1. Market Snapshot
6.2. Global Peracetic Acid Market by End-User, Performance – Potential Analysis
6.3. Global Peracetic Acid Market Estimates & Forecasts by End-User 2020-2030 (USD Billion)
6.4. Peracetic Acid Market, Sub Segment Analysis
6.4.1. Healthcare
6.4.2. Food & Beverages
6.4.3. Water Treatment
6.4.4. Pulp & Paper
6.4.5. Others
Chapter 7. Global Peracetic Acid Market, Regional Analysis
7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Peracetic Acid Market, Regional Market Snapshot
7.4. North America Peracetic Acid Market
7.4.1. U.S. Peracetic Acid Market
7.4.1.1. Application breakdown estimates & forecasts, 2020-2030
7.4.1.2. End-User breakdown estimates & forecasts, 2020-2030
7.4.2. Canada Peracetic Acid Market
7.5. Europe Peracetic Acid Market Snapshot
7.5.1. U.K. Peracetic Acid Market
7.5.2. Germany Peracetic Acid Market
7.5.3. France Peracetic Acid Market
7.5.4. Spain Peracetic Acid Market
7.5.5. Italy Peracetic Acid Market
7.5.6. Rest of Europe Peracetic Acid Market
7.6. Asia-Pacific Peracetic Acid Market Snapshot
7.6.1. China Peracetic Acid Market
7.6.2. India Peracetic Acid Market
7.6.3. Japan Peracetic Acid Market
7.6.4. Australia Peracetic Acid Market
7.6.5. South Korea Peracetic Acid Market
7.6.6. Rest of Asia Pacific Peracetic Acid Market
7.7. Latin America Peracetic Acid Market Snapshot
7.7.1. Brazil Peracetic Acid Market
7.7.2. Mexico Peracetic Acid Market
7.8. Middle East & Africa Peracetic Acid Market
7.8.1. Saudi Arabia Peracetic Acid Market
7.8.2. South Africa Peracetic Acid Market
7.8.3. Rest of Middle East & Africa Peracetic Acid Market

Chapter 8. Competitive Intelligence
8.1. Key Company SWOT Analysis
8.1.1. Company 1
8.1.2. Company 2
8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. Solvay (Belgium)
8.3.1.1. Key Information
8.3.1.2. Overview
8.3.1.3. Financial (Subject to Data Availability)
8.3.1.4. Product Summary
8.3.1.5. Recent Developments
8.3.2. Evonik Industries AG (Germany)
8.3.3. Ecolab Inc. (US)
8.3.4. Mitsubishi Gas Chemical Company, Inc. Mitsubishi Gas Chemical Company (Japan)
8.3.5. Enviro Tech Chemical Services, Inc (US)
8.3.6. Jubilant Pharmova Limited Jubilant Life Sciences (India)
8.3.7. National Peroxide Ltd. (India)
8.3.8. Kemira Oyj (Finland)
8.3.9. Seeler Industries Inc. (US)
8.3.10. Airedale Chemical Co Ltd Airedale Chemicals (UK)
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
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Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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