Peracetic Acid Market Segmentation and Analysis by Recent Trends, Development and Growth by Regions to 2025
Date: 2019-01-21   Author: Ronak Bora  Category: #market

Peracetic Acid Market Segmentation and Analysis by Recent Trends, Development and Growth by Regions to 2025

Asia Pacific holds a significant regional peracetic acid market which is most likely to grow at a CAGR of more than 9%. Increasing demand for the product from China and India would augment the peracetic acid market growth in the coming years.

Peracetic Acid Market will likely surpass USD 1.2 billion by 2025; according to a new research report. Developments in the food and beverage industry would be a growth enabler in the peracetic acid market in the coming years. This is due to the product usage in the food & beverage industry as a disinfectant. The product is used as a disinfectant in various segments of the food & beverage industry like beverages, dairy products, meat and poultry products, pulses, grains & cereals, fruits & vegetables, etc. Peracetic acid is widely used as a sanitizer in the brewing industry as it is highly effective against microbial contamination. It is also an effective sterilant against several bacteria, viruses, fungi, and yeasts. Peracetic acid is very reactive and quickly decomposes to acetic acid, oxygen and water. Hence, this compound is directly applied to the food items as it does not leave any harmful residues.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1524

Even though, the high reactivity of peracetic acid enables it to quickly degrade to harmless byproducts, it is also accompanied by certain occupational hazards. This chemical compound can cause very serious side effects if inhaled, ingested, or absorbed via dermal exposure including death. Peracetic acid is commonly sprayed on animal carcasses, food packaging, and produce to kill bacteria. If this spray is not adequately contained, human exposure occurs. Lack of proper ventilation is another reason behind these rising occupational hazards. Hence, this could negatively affect the growth of peracetic acid market.

Peracetic acid is commercially traded in solution form which is a mixture with hydrogen peroxide and acetic acid to maintain its constancy. The commercial grade comprises of peracetic concentration ranging between 0.3% to 40% by weight. The demand for this product in the peracetic acid market has been growing in applications such as pulp & paper bleaching, water treatment, medical, agricultural, etc. In the coming years this product would gain prominence and boost up the demand in peracetic acid market as this product is environment friendly. Distilled grade contains less proportion of other chemicals and are increasingly used in the paper & pulp industry.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1524

Pulp & paper bleaching is a significant division in peracetic acid market which is expected to develop at a rate of approximately 8% in the coming years. The product is used in the pulp & paper industry to prevent the formation of biofilms. It is used in the water industry as a purifier. Increasing demand from industries like food & beverage, pharmaceuticals and medical would further augment the growth in the peracetic acid market in the forecast timeframe.

Major companies of the peracetic acid market include Mitsubishi Gas Chemical Company, Inc., Kemira, Solvay S.A., Evonik Industries, Thai Peroxide Limited, PeroxyChem LLC, Enviro Tech Chemical Services, Inc etc.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.



About Author


Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for AlgosOnline and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport.

...

Read More

More from Ronak


Post Recommendents

Neuromorphic Computing Market Global Outlook on Key Growth Trends, Factors
Author: Partha Ray

The latest report on ' Neuromorphic Computing market' as Added by Market Study Report, LLC, offers comprehensive details on industry size, regional spectrum and revenue estimates of the business. In addition, the report stresses on major challenge...


Nerve Monitoring System Market 2019 Global Analysis, Trends, Forecast up to 2025
Author: Partha Ray

The newest report on ' Nerve Monitoring System market' now available a MarketStudyReport.com, offers concise facts about the geographical landscape, industry size and revenue estimation of the business. Additionally, the report focuses on challeng...


Needles Market Detail Analysis focusing on Application, Types and Regional Outlook
Author: Partha Ray

The latest report on ' Needles market' now available at MarketStudyReport.com, delivers facts and numbers regarding the market size, geographical landscape and profit forecast of the ' Needles market'. In addition, the report focuses on major obst...