The peracetic acid market is projected to grow from USD 1.11 billion in 2025 to USD 1.67 billion by 2030, at a CAGR of 8.5%, in terms of value. Peracetic acid is a liquid mixture of hydrogen peroxide and acetic acid, play a pivotal role in various industries, including healthcare, food & beverages, water treatment, pulp & paper and others. These versatile chemicals have gained significant importance due to their wide range of applications, from disinfectant to sterilant. The report delivers key projections on essential factors such as peracetic acid market size, production, revenue, consumption, CAGR, gross margin, and pricing. The report is based on the most reliable primary and secondary research methodologies and sources.
Rapid urbanization and industrial growth, especially in the Asia-Pacific region, is increasing the demand for advanced and eco-friendly disinfectants like peracetic acid. The agriculture sector is also adopting peracetic acid solutions for irrigation water treatment and post-harvest sanitization. Meanwhile, continuous R&D efforts are focused on improving formulation stability, enhancing antimicrobial performance, and reducing corrosiveness, further increasing its demand in various end-use industries as alternative to various compounds.
The key players profiled in the report include Solvay (Belgium), Evonik Industries AG (Germany), Ecolab Inc. (US), MITSUBISHI GAS CHEMICAL COMPANY, INC. (Japan), Enviro Tech Chemical Services (US), Jubilant Life Sciences (Jubilant Pharmova Limited) (India), National Peroxide Limited (India), Kemira OYJ (Finland), Seeler Industries Inc. (US), Airedale Chemical (UK) and among others. These players have adopted various growth strategies to strengthen their position in the market. These include introducing new technologies, expansions, acquisitions, and product launches to acquire larger market shares.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1111
Solvay is an advanced materials and specialty chemical company. The Group’s innovative solutions contribute to safer, cleaner, and more sustainable products for homes, food and consumer goods, planes, cars, batteries, smart devices, health care applications, water, and air purification systems. Solvay is a leading manufacturer of peracid acid and has extensive product offerings for food processing, food packaging, and water treatment applications. The company offers high-quality peracetic acid solutions under the brands PROXITANE, OXYKIL, AQUALISAN, and OXYSTRONG. It manages operations through three business segments: Materials, Chemicals, and Solutions.
Evonik Industries AG is a global leader manufacturing specialty chemicals. It has brought innovative, profitable, yet sustainable solutions to the specialty chemicals industry. The company serves the health, consumer, and real estate markets globally. It operates through five business segments: Specialty Additives, Nutrition & Care, Smart Materials, Performance Materials, and Technology & Infrastructure. It manufactures peracetic acid-based products used in the food & beverage industry for aseptic packaging (PET), in laundries and animal healthcare as an anti-slime agent, for wastewater treatment, and as a sterilant in medical applications.
The market for peracetic acid is competitive, with the major five players collectively accounting for approximately 35–40% of the total market share. Mitsubishi Gas Chemical Company leads the market, supported by its large product portfolio and strong presence across diverse applications. Evonik Industries AG holds a significant position owing to its global supply capabilities and strategic focus on the production and distribution of high purity peracetic acid. Solvay continues to strengthen its market footprint through various initiatives and strategic collaborations aimed at enhancing its product reach. Ecolab Inc. and Kemira OYJ also maintain competitive positions, leveraging their technological advancements in peracetic acid formulations to cater to demand from water treatment, food processing, and healthcare industries. The remaining 60–65% of the market consists largely of regional SMEs, which serve localized demand across applications. Competitive intensity in the market is shaped by ongoing R&D in environmentally friendly and high-performance formulations, as well as increasing demand for sustainable, non-chlorinated biocides. Additionally, the rising adoption of peracetic acid across multiple end-use industries is expected to further intensify market dynamics over the coming years.
Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=1111
North America is expected to be the second-largest region in the global peracetic acid market in terms of value, in 2025.
North America represented the second-biggest portion of the peracetic acid market by value, in 2025. This robust market stance is mainly fueled by the area’s sophisticated industrial framework, strict regulatory requirements, and elevated demand in crucial industries including food & beverage, healthcare, and water treatment. The extensive application of peracetic acid as an environmentally safe, non-chlorinated disinfectant complies with regulatory standards set by organizations such as the FDA, EPA, and USDA, especially in the US. The increasing focus on food safety, infection prevention, and sustainable sanitation methods has further accelerated its uptake. Additionally, continuous funding in municipal water treatment and public health infrastructure helps maintain consistent demand for peracetic acid throughout the region.
Asia Pacific region is likely to be the fastest-growing peracetic acid market during the forecast period.
The peracetic acid market is expected to grow the fastest in the Asia Pacific region during the forecast period. This expansion is driven by fast industrial development, growing urban populations, and heightened investments in infrastructure, healthcare, and food processing industries in nations like China, India, and countries in Southeast Asia. The increasing demand for efficient sanitation and disinfection methods, especially in food safety and water treatment, is fueling the need for peracetic acid in the area. Moreover, increased awareness regarding environmental sustainability and the transition to non-chlorinated disinfectants are also facilitating market growth. Government efforts to enhance public health standards, bolster wastewater management systems, and impose tighter hygiene regulations are further aiding in the rise of adoption. With ongoing economic and industrial development, the Asia Pacific region is projected to see robust and continuous growth in peracetic acid usage across various end-use sectors.
Speak to Expert: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=1111
Attractive Opportunities in the Peracetic Acid Market
- Growing demand from the healthcare and food & beverage industries is driving the global peracetic acid market.
- Mergers & acquisitions and product launches are the key strategies adopted by companies operating in this market.
- An increase in the use of peracetic acid in the wastewater treatment industry creates an opportunity for the growth of the market.
- The global peracetic acid market projected to grow at a CAGR of 8.5% in terms of value, during the forecast period.