Key participants operating in the global peracetic acid industry are:
Evonik Industries
Kemira Oyj
Mitsubishi Gas Chemicals Inc
Solvay S.A
PeroxyChem LLC
SEITZ GmbH
Ecolab Inc
Authors:
Kiran Pulidindi, Akshay Prakash
Frequently Asked Questions (FAQ) :
Peracetic acid market size had surpassed USD 795 million in 2020 and will observe a CAGR of 9.1% through 2027 with rising demand from food & beverage, pulp & paper bleaching, medical, and agriculture industries.
Peracetic acid is an organic compound used as a versatile antimicrobial and antioxidant agent as well as an effective bactericide and fungicide, especially in food processing applications.
Peracetic acid market will generate a revenue of over USD 435 million from food & beverage sector by 2027 owing the rising product demand due to its excellent benefits and eco-friendly characteristics.
Peracetic acid market share in Asia Pacific will grow a CAGR of over 10% through 2027 on account of the thriving food & beverage sector in the region.
Key companies operating in peracetic acid industry are Evonik Industries, Kemira Oyj, Mitsubishi Gas Chemicals, Inc., Solvay S.A., PeroxyChem LLC, SEITZ GmbH, and Ecolab Inc., among others.