According to the current analysis of Reports and Data, the global Peracetic Acid market was valued at USD 623.7 Million in 2018 and is expected to reach USD 1204.7 Million by year 2026, at a CAGR of 8.5%.
New York, NY -- (SBWIRE) -- 06/24/2019 -- The study covers the genre of chemicals and materials with special focus on the Peracetic Acid market. Peracetic acid (CH3CO3H), also known as Peroxyacetic acid (PAA), is an organic compound used for antimicrobial purposes. It is a colourless liquid with the specific acrid odour indicative of acetic acid. The compound is a combination of two versatile compounds namely, Hydrogen Peroxide and Acetic acid. It is manufactured industrially by autoxidation of acetaldehyde. This compound is formed upon the treatment of acetic acid with hydrogen peroxide and a strong acid catalyst. The rapid growth in the population, changing lifestyles and eating habits of consumers are said to be the triggering factors for the industries, especially for the developed and developing countries.
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Scope of the Report:
The research methodologies used for evaluating the Peracetic Acid market are inventive and also provides enough evidence on the demand and supply status, production capability, import and export, supply chain management and investment feasibility. The investigative approach applied for the extensive analysis of the sale, gross margin and profit generated by the industry are presented through resources including tables, charts, and graphic images. Importantly, these resources can be easily integrated or used for preparing business or corporate presentations.
Market Segment by manufacturers, the report covers the following companies:
BioSafe Systems, Peroxy Chem, Airedale Chemical, Evonik, Aditya Birla Chemicals, FMC Corp. and Solvay S.A.
For the purpose of this report, Reports and Data has segmented the Peracetic Acid market on the basis of type, application, end use and region:
Application (Revenue, USD Million; 2016–2026)
- Bactericide and fungicide
- Bleaching agent
- Sterilizing agent
- Polymerization catalyst
- Sanitizing agent
Type (Revenue, USD Million; 2016-2026)
- Solution Grade
- Distilled Grade
End Use (Revenue, USD Million; 2016–2026)
- Food and Beverage:
- Fresh produce
- Dairy
- Breweries
- Wineries
- Meat, Poultry and Seafood
- Agriculture
- Water Treatment
- Medical and Healthcare
- Paper and Pulp
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Regional Outlook (Revenue in USD Million; 2016–2026)
- North America
o U.S.
o Canada
- Europe
o Germany
o France
o UK
o Spain
o Italy
o Rest of the Europe
- Asia Pacific
o China
o India
o Japan
o Rest of Asia-Pacific
- Middle East & Africa
- Latin America
o Brazil
Estimating the potential size of the Peracetic Acid industry:
Industry experts conducting the study further estimate the potential of the Peracetic Acid industry. Such information is important for firms looking to launch an innovative service or product on the market. Industry experts have measured the total volume of the given market. Researchers have calculated the industry in terms of sales by the competitors and end-user – customers. Data on the entire size of the Peracetic Acid market for a particular product or a service for the forecast period, 2019 to 2026 covered in the report makes it valuable. This information reveals the upper limit of the Peracetic Acid industry for a specific product or service.
Market share:
The report discovers market's total sale that is generated by a particular firms over a time period. Industry experts calculate share by taking into account the product sales over a period and then dividing it by the overall sales of the Peracetic Acid industry over a defined period. Subject matter experts further use this metric to offer a general idea of the share and size of a firm and its immediate rivals. By providing an in-depth knowledge of the position a company as well as an entrepreneur holds in the Peracetic Acid market
The research provides answers to the following key questions:
- What is the estimated growth rate of the Peracetic Acid market for the forecast period 2019 - 2026? What will be the market share and size of the industry during the estimated period?
- What are prime factors expected to drive the Peracetic Acid industry for the estimated period?
- What are the major market leaders and what has been their winning strategy for success so far?
- What are the significant trends shaping the growth prospects of the Peracetic Acid market?
- What are the key challenges expected to restrict the progress of the industry for the forecast period, 2019 - 2026?
- What the opportunities product owners can bank on to generate high profits?
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