1 / 6

Peracetic Acid Market Trends, Size, Segment and Growth by Forecast to 2027

The peracetic acid market is set to record robust growth by 2027 on account of increasing focus on safety and hygiene standards in the global food & beverage industry.

marketreportsinsights
Download Presentation

Peracetic Acid Market Trends, Size, Segment and Growth by Forecast to 2027

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Peracetic Acid Market Analytical Overview, Comprehensive Analysis, Segmentation, Competitive Landscape and Industry Poised for Rapid Growth 2027

  2. The peracetic acid market is set to record robust growth by 2027 on account of increasing focus on safety and hygiene standards in the global food & beverage industry. • Peracetic acid (PAA) is an organic acid, which is commonly used as a disinfectant across several industries, including pharmaceutical, food & beverage, medical, and water treatment, among others. It is extensively used to sterilize products, devices, and containers that are used in production facilities. Growing emphasis on hygiene in the production process due to the ongoing COVID-19 pandemic, along with surging demand for effective disinfectants and sanitizers, has accelerated product adoption in recent years. • Furthermore, industry players are engaging in lucrative strategies to strengthen their foothold in the emerging market, which has enhanced the overall business outlook. For instance, in August 2020, Ecolab Inc., a prominent food safety solutions provider, launched its novel no-rinse sanitizer, dubbed Ecolab SynergexTM, which was the first ever product of its kind to receive approval from the U.S. Environment Protection Agency (EPA) attributable to its efficacy against biofilms, a complex population of bacteria, on hard and non-porous food contact surfaces.

  3. In another instance, in February 2020, Evonik Industries, a leading specialty chemicals manufacturer, completed the acquisition of PeroxyChem LLC, a major chemical manufacturing company. The deal was intended to expand Evonik's product portfolio with the integration of PeroxyChem's well-positioned business for peracetic acid and hydrogen peroxide. • The peracetic acid market has been bifurcated on the basis of end-user, product, and region. With respect to end-user, the market has further been segregated into water treatment, agriculture, food & beverage, medical, and pulp & paper bleaching. • The food & beverage sub-segment is projected to amass notable gains by 2027, registering a CAGR of approximately 9.5% over the estimated timeline. Prevalent usage of peracetic acid in the food industry as a disinfectant as well as to prevent the growth of microbes in the production facility is likely to augment segmental growth in the coming years. • Browse key industry insights spread across 240 pages with 246 market data tables & 27 figures & charts from the report, “Peracetic Acid Market” in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/peracetic-acid-market

  4. Request for a Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/1524

  5. Latest Research Report On Peracetic Acid Market @ https://www.gminsights.com/industry-analysis/peracetic-acid-market Request for a Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/1524 Request for customization @ https://www.gminsights.com/roc/1524

  6. THANK YOU www.gminsights.com

More Related