Peroxyacetic Acid Market is predicted to reach USD 2.39 billion at a CAGR of 8% during the forecast period

Pune, India, September 2023 /MRFR Press Release/- Market Research Future published a cooked research report on Peroxyacetic Acid market. The global market for peroxyacetic acid market is expected to grow over the CAGR of 8% during the period 2023 to 2032 from USD 2.39 Billion in 2032.

Market Research Future (MRFR) has published a cooked research report on the “Global Peroxyacetic Acid Market” that contains information from 2023 to 2032. The Global Peroxyacetic Acid Market is estimated to register a CAGR of 8% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the Global Peroxyacetic Acid Market— Solvay Chemicals, Evonik Industries, Ecolab, Aditya Birla Chemicals, Promox S.P.A, Christeyns, Enviro Tech Chemical Services, Peroxy, and Chemnitz Gmbh.

Market Highlights

Global Peroxyacetic Acid Market is accounted to register a CAGR of 8% during the forecast period and is estimated to reach USD 2.39 Billion by 2032.

Peroxyacetic acid, often abbreviated as PAA, is a powerful organic chemical compound with the molecular formula CH3CO3H. It is a peroxy carboxylic acid, which means it contains both peroxy (O-O) and carboxyl (COOH) functional groups in its structure. Peroxyacetic acid is a highly reactive compound and is commonly used as a strong oxidizing and disinfecting agent in various industrial, agricultural, and healthcare applications. Peroxyacetic acid is a colorless liquid with a pungent odor, similar to that of acetic acid (vinegar) due to its structural resemblance. It is often used as a biocide and sanitizer, particularly in food processing, water treatment, and medical settings, due to its ability to effectively kill a wide range of microorganisms, including bacteria, viruses, fungi, and algae.

Segment Analysis

The Global Peroxyacetic Acid Market has been segmented based on Type, Application.

Based on Type, the market is segmented into Disinfectant, Sanitizer, and Sterilant. The dominance of the Disinfectant category in the Peroxyacetic Acid market is attributed to its strong antimicrobial properties and ability to effectively eliminate a wide range of microorganisms.

Based on Application, the market is segmented into Food, Healthcare, Water Treatment, Pulp & Paper, and Others. The Food category dominates the Peroxyacetic Acid market due to its crucial role in ensuring food safety by effectively disinfecting and sanitizing surfaces, equipment, and water used in food processing and production.

Regional Analysis

The Global Peroxyacetic Acid Market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Peroxyacetic Acid Market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Peroxyacetic Acid Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World's Global Peroxyacetic Acid Market comprises of Middle East, Africa, and Latin America.

During the projected period, the Peroxyacetic Acid market in Europe is poised to dominate due to its frequent application in clarifying, disinfecting, and purifying saline water and wastewater, catering to industries like chemical manufacturing, food processing, and pulp & paper. Among these, the German market commands the largest share, while the UK market shows consistent growth.

In North America, the Peroxyacetic Acid market ranks second in market share and revenue. Increasing R&D and technological advancements are spurring demand across end-use sectors, driving market growth.

The Asia-Pacific Peroxyacetic Acid market is anticipated to experience rapid growth within the projected timeframe. The region benefits from accessible raw materials and cost-effective labor, attracting foreign investments. Notably, China leads in market share, and India's market is expected to steadily expand in the Asia-Pacific region throughout the projected period.

Key Findings of the Study

• The Global Peroxyacetic Acid Market is expected to reach USD 2.39 Billion by 2032, at a CAGR of 8% during the forecast period.


• Europe is positioned for dominance due to its frequent utilization in purifying saline water and wastewater, disinfecting, and clarifying, serving industries such as chemical manufacturing, food processing, and pulp & paper. Among these sectors, the German market takes the lead in market share, while the UK market demonstrates steady expansion.


• Based on the Application, the Market has been segmented into Food holding the largest market in 2023.


• Solvay Chemicals, Evonik Industries, Ecolab, Aditya Birla Chemicals, Promox S.P.A, Christeyns, Enviro Tech Chemical Services, Peroxy, and ChemSeitz Gmbh.

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