Global Peracetic Acid Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Types;
Disinfectant, Sterilant, Sanitizer, and Others.By Grade;
Lees Than 5% Grade, 5%-15% Grade, and Greater Than 15% Grade.By Applications;
Healthcare, Water Treatment, Food, Pulp & Paper, and Others.By End Use (Healthcare, Food &
Beverages, Water Treatment, Pulp & PaperBy Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Peracetic Acid Market (USD Million), 2021 - 2031
In the year 2024, the Global Peracetic Acid Market was valued at USD 959.35 million. The size of this market is expected to increase to USD 1,622.97 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.8%.
The Global Peracetic Acid Market is poised for significant growth driven by its versatile applications across various industries. Peracetic acid, known for its strong antimicrobial properties and oxidative capabilities, finds extensive use as a disinfectant, sanitizer, and bleaching agent in sectors ranging from food and beverage processing to healthcare and water treatment. Its effectiveness in eliminating a wide spectrum of microorganisms, including bacteria, viruses, and fungi, has propelled its adoption in industries where stringent hygiene standards are paramount.
In recent years, heightened awareness about food safety and water sanitation regulations has underscored the importance of effective disinfection solutions, thereby boosting the demand for peracetic acid. Advancements in manufacturing processes and formulations have enhanced the stability and efficacy of peracetic acid products, catering to diverse industrial requirements while minimizing environmental impact. As industries continue to prioritize hygiene and regulatory compliance, the global market for peracetic acid is expected to witness robust growth, driven by innovations in application technologies and expanding industrial applications.
Global Peracetic Acid Market Recent Developments
- In February 2020, The purchase of PeroxyChem (US) by Evonik was completed successfully. Manufacturer of peracetic acid and hydrogen peroxide, PeroxyChem is well-positioned in niche markets with strong margins. For Evonik, the purchase opened up new development prospects, particularly in the market for environmentally friendly disinfectants.
- In April 2020, The US Environmental Protection Agency authorised Solvay's PROXITANE AHC for use against SARS-CoV-2, the viral strain that causes COVID-19. It has been added to the list of cleaners that can be used to combat SARS-CoV-2
Segment Analysis
The global peracetic acid market is segmented based on types, grades, applications, and geographical regions. In terms of types, the disinfectant segment holds the largest share, driven by increasing concerns regarding sanitation and hygiene across industries. Peracetic acid is widely recognized for its effectiveness as a disinfectant, especially in the healthcare and food processing industries. The sterilant and sanitizer segments are also growing, as peracetic acid is known for its broad-spectrum antimicrobial properties, making it valuable in sterilization processes and sanitation practices.
When categorized by grade, the market is split into three segments: less than 5%, 5%-15%, and greater than 15% grades. The greater than 15% grade is witnessing high demand due to its use in industrial applications such as water treatment and pulp & paper, where a higher concentration is essential for effective treatment. The 5%-15% grade is commonly used in food processing and healthcare applications, offering a balance between efficiency and safety. The less than 5% grade is typically used in applications where a lower concentration is sufficient for sanitization purposes.
Peracetic acid finds its applications in various sectors, including healthcare, water treatment, food, pulp & paper, and others. In healthcare, it is used for sterilizing medical equipment and surfaces, ensuring high standards of hygiene. The water treatment segment is growing due to increased awareness regarding waterborne diseases and the need for effective disinfection methods. In the food and beverage industry, peracetic acid is utilized for sanitizing equipment, disinfecting surfaces, and extending the shelf life of products, while in pulp & paper, it is used for bleaching and disinfecting processes. Other applications include agriculture and textile industries, where peracetic acid aids in disinfection and cleaning.
Geographically, North America and Europe dominate the peracetic acid market, with a significant presence of industries that require stringent hygiene standards, such as healthcare and food processing. In these regions, regulations around sanitation and water treatment are driving market growth. Asia Pacific is expected to witness the fastest growth due to the expanding industrial sector and the increasing demand for water treatment solutions. The Middle East and Africa, along with Latin America, also show promising growth, primarily due to the rise in food safety concerns and the need for effective sanitation in various industries.
Global Peracetic Acid Segment Analysis
In this report, the Global Peracetic Acid Market has been segmented by Types, Grade, Applications, End Use and Geography.
Global Peracetic Acid Market, Segmentation by Types
The Global Peracetic Acid Market has been segmented by Types into Disinfectant, Sterilant, Sanitizer and Others.
One of the primary segments is disinfectants, where peracetic acid plays a crucial role in effectively eliminating a wide spectrum of pathogens. Its rapid antimicrobial action makes it indispensable in healthcare settings, food processing facilities, and municipal water treatment plants. Peracetic acid-based disinfectants are valued for their ability to maintain hygiene standards and prevent the spread of infections, driving their widespread adoption in critical environments where cleanliness is paramount.
Sterilants represent another significant segment within the market, where peracetic acid's potent oxidative properties make it highly effective for sterilizing medical instruments, pharmaceutical manufacturing equipment, and other high-risk environments requiring complete microbial elimination. The demand for reliable sterilization solutions continues to grow across healthcare and industrial sectors, supporting the market expansion of peracetic acid as a preferred sterilant due to its rapid action and residue-free properties.
Sanitizers, another segment in the peracetic acid market, are essential for maintaining sanitation in food processing facilities, agricultural settings, and public spaces. Peracetic acid-based sanitizers offer effective disinfection against bacteria and viruses while meeting regulatory requirements for food safety and hygiene. Their non-corrosive nature and ability to degrade into harmless by-products make them suitable for various sanitization applications, contributing to their increasing use in ensuring safe and hygienic environments globally.
In addition to these primary segments, peracetic acid finds applications in other specialized areas where its unique properties, such as oxidative strength and biodegradability, provide tailored solutions to specific industrial needs. As industries prioritize sustainable and effective disinfection solutions, peracetic acid's versatility across disinfectants, sterilants, sanitizers, and other applications positions it as a key player in the global market, meeting diverse regulatory and operational requirements across various sectors.
Global Peracetic Acid Market, Segmentation by Grade
The Global Peracetic Acid Market has been segmented by Grade into Less Than 5% Grade, 5%-15% Grade, and Greater Than 15% Grade.
The global peracetic acid market is categorized into three distinct segments based on the grade of the product: Less Than 5% Grade, 5%-15% Grade, and Greater Than 15% Grade. Each grade serves different industrial applications, with varying concentrations impacting the strength and suitability of the acid for specific uses. The Less Than 5% Grade is typically utilized in industries requiring a lower concentration, such as in food and beverage sanitation and water treatment, where moderate disinfecting power is sufficient.
The 5%-15% Grade of peracetic acid is widely used in sectors such as healthcare, pharmaceuticals, and pulp and paper industries. This grade offers a balanced level of effectiveness in sterilization and disinfection processes while being safe for handling. It is also used in the agriculture industry for crop protection and post-harvest treatment, where higher concentrations are not necessary but effectiveness is still crucial.
The Greater Than 15% Grade of peracetic acid is used primarily in industrial applications that demand high concentrations of this powerful disinfectant. It is commonly found in sectors such as textiles, chemicals, and large-scale sanitation processes, where its strong oxidizing properties make it ideal for removing tough contaminants and ensuring high-level disinfection. This grade requires more careful handling due to its increased potency, but its effectiveness in demanding environments makes it a preferred choice in large-scale industrial operations.
Global Peracetic Acid Market, Segmentation by Applications
The Global Peracetic Acid Market has been segmented by Applications into Healthcare, Water Treatment, Food, Pulp And Paper and Others.
Healthcare stands as a prominent application segment for peracetic acid, owing to its exceptional disinfection properties essential for maintaining stringent hygiene standards in hospitals, clinics, and healthcare facilities worldwide. Peracetic acid is widely utilized for sterilizing medical equipment, surfaces, and instruments due to its effectiveness against a broad spectrum of pathogens, including bacteria, viruses, and fungi. The increasing focus on infection prevention and control measures within healthcare settings continues to bolster the demand for peracetic acid-based disinfectants.
Water treatment represents another significant application area for peracetic acid, driven by rising concerns over water quality and environmental sustainability. Municipalities, industrial facilities, and agricultural operations rely on peracetic acid for its potent biocidal properties, effective in treating wastewater and disinfecting potable water sources. Its ability to degrade into harmless by-products and comply with stringent regulatory standards makes peracetic acid a preferred choice for ensuring safe and compliant water supplies globally.
The food industry also heavily relies on peracetic acid for its powerful antimicrobial properties and versatility in food processing applications. From disinfecting food contact surfaces to sanitizing processing equipment, peracetic acid plays a crucial role in maintaining food safety and extending shelf life. As food safety regulations become more stringent globally, the demand for effective disinfectants like peracetic acid continues to grow, driven by the industry's commitment to meeting stringent hygiene standards and ensuring consumer safety.
In addition to healthcare, water treatment, and food industries, peracetic acid finds applications in the pulp and paper sector for bleaching and disinfection purposes, among others. The versatility of peracetic acid across these diverse applications underscores its importance and growing market presence as industries worldwide prioritize effective, sustainable, and regulatory-compliant disinfection solutions.
Global Peracetic Acid Market, Segmentation by End Use
The Global Peracetic Acid Market has been segmented by End Use into Healthcare, Food & Beverages, Water Treatment, Pulp & Paper
The global peracetic acid market is segmented by end use, with healthcare being one of the key industries utilizing this chemical. In healthcare, peracetic acid is primarily used for disinfection and sterilization purposes. It is employed in cleaning medical equipment, surfaces, and instruments due to its strong antimicrobial properties. Hospitals, clinics, and surgical centers rely on peracetic acid to ensure high levels of hygiene and infection control, making it a critical component in maintaining sterile environments.
Another significant segment of the peracetic acid market is the food and beverage industry. Peracetic acid is widely used as a disinfectant for food processing and packaging. It helps to eliminate harmful microorganisms, ensuring the safety and quality of food products. In addition to its use in food processing plants, peracetic acid is also used in the production of beverages like fruit juices and soft drinks, where it aids in maintaining hygiene during the bottling and packaging processes.
The water treatment industry also represents a substantial portion of the peracetic acid market. This chemical is used in various water treatment applications, including wastewater treatment, to remove organic contaminants and disinfect water. Peracetic acid is favored in this sector due to its effectiveness in eliminating bacteria, viruses, and other pathogens. Additionally, the pulp and paper industry utilizes peracetic acid in bleaching processes to achieve high-quality paper products, making it a versatile chemical across multiple sectors with varying end-use requirements.
Global Peracetic Acid Market, Segmentation by Geography
In this report, the Global Peracetic Acid Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Peracetic Acid Market Share (%), by Geographical Region, 2024
North America leads the global peracetic acid market, driven by stringent regulatory frameworks emphasizing water and food safety. The region's robust healthcare infrastructure and high adoption rates of advanced disinfectants bolster market growth. Moreover, technological advancements and a strong focus on sustainable practices further propel the demand for peracetic acid in various industrial applications across the United States and Canada.
Europe follows closely, characterized by stringent environmental regulations and a proactive approach towards adopting eco-friendly disinfection solutions. Countries like Germany and the UK are pivotal in driving market expansion, supported by increasing investments in wastewater treatment facilities and pharmaceutical manufacturing. The region's mature healthcare sector and growing emphasis on infection prevention in medical settings continue to drive demand for peracetic acid-based products.
Asia Pacific emerges as a rapidly growing market for peracetic acid, fueled by industrialization, urbanization, and improving sanitation standards across countries such as China, India, and Japan. Rising awareness about water quality and food safety drives the adoption of peracetic acid in agricultural, food processing, and municipal water treatment applications. Government initiatives promoting hygiene and sanitation further contribute to market expansion in the region.
In the Middle East & Africa and Latin America regions, the market for peracetic acid shows significant growth potential. Increasing investments in healthcare infrastructure and stringent regulations governing water quality and food safety drive market demand. Latin America, with its expanding pharmaceutical and food processing industries, presents lucrative opportunities for peracetic acid manufacturers aiming to capitalize on the region's evolving regulatory landscape and growing industrial base.
Overall, geographical segmentation highlights diverse regional dynamics and growth opportunities within the Global Peracetic Acid Market, influenced by regulatory environments, industrial activities, and healthcare infrastructure development across North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Peracetic Acid Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Safety regulations compliance
- Demand for eco-friendly disinfectants
- Growth in food processing
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Increasing healthcare facilities- The demand for peracetic acid has seen a notable surge due to the expansion and modernization of healthcare facilities worldwide. Hospitals, clinics, and medical centers are increasingly adopting peracetic acid-based disinfectants and sterilizers to maintain stringent hygiene standards and combat healthcare-associated infections (HAIs). Peracetic acid's efficacy in eliminating a broad spectrum of pathogens, including bacteria, viruses, fungi, and spores, makes it indispensable in healthcare settings where cleanliness and infection control are paramount.
In recent years, the rise in outpatient procedures, surgical interventions, and the prevalence of antibiotic-resistant infections has further propelled the use of peracetic acid. Healthcare facilities prioritize disinfectants that offer rapid and reliable sterilization without leaving harmful residues. Peracetic acid meets these criteria, promoting its widespread adoption in operating rooms, patient rooms, laboratories, and medical equipment sterilization processes. Moreover, advancements in peracetic acid formulations, such as reduced corrosiveness and improved stability, cater specifically to healthcare applications, enhancing its efficacy and safety profile.
Restraints:
- Handling hazards
- Price volatility
- Regulatory complexities
-
Competition from substitutes- Despite its efficacy and versatility, the global peracetic acid market faces competition from various substitute products. Chlorine-based disinfectants, hydrogen peroxide, and quaternary ammonium compounds are among the primary alternatives that challenge peracetic acid's market share. Each substitute offers distinct advantages and limitations, influencing their adoption in different industries and applications.
Chlorine-based disinfectants, for example, are widely used due to their low cost and established efficacy against a range of pathogens. However, concerns about environmental impact, disinfection by-products (DBPs), and corrosiveness limit their application in certain sensitive sectors like food processing and healthcare. Hydrogen peroxide, on the other hand, is valued for its broad-spectrum antimicrobial properties and biodegradability but may require higher concentrations or longer contact times compared to peracetic acid.
In response to competition, manufacturers of peracetic acid continually innovate to enhance product performance, reduce environmental footprint, and improve cost-effectiveness. Formulation advancements, such as stabilized blends and synergistic combinations with other disinfectants, aim to broaden peracetic acid's applicability and competitiveness across diverse industrial sectors. Moreover, regulatory shifts towards stricter environmental norms and safety standards encourage end-users to explore safer and sustainable disinfection alternatives, thereby influencing market dynamics and competitive strategies in the peracetic acid industry.
Opportunities:
- Expansion in emerging markets
- Technological advancements
- Rising healthcare expenditure
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Water treatment applications- Water treatment represents a pivotal application area for peracetic acid, driven by increasing global concerns over water quality and environmental sustainability. Peracetic acid's oxidative properties make it highly effective in disinfecting and treating water sources contaminated with bacteria, viruses, algae, and organic pollutants. Municipalities, industrial facilities, and agricultural operations rely on peracetic acid as a potent biocide capable of maintaining safe and compliant water supplies.
In municipal water treatment, peracetic acid serves as a reliable disinfectant during primary and secondary wastewater treatment processes. Its rapid action and ability to degrade into non-toxic by-products align with stringent regulatory standards, promoting its use in disinfection and odor control applications. Similarly, in industrial settings such as food and beverage processing, peracetic acid ensures microbial control in process water, ensuring product quality and compliance with food safety regulations.
Advancements in peracetic acid formulations tailored for water treatment applications, including stabilized blends and pH-neutral solutions, address specific industry requirements while optimizing disinfection efficacy and operational efficiency. Furthermore, ongoing research and development initiatives focus on exploring novel applications, such as biofilm control and Legionella prevention, expanding the market potential of peracetic acid in niche water treatment segments.
Competitive Landscape Analysis
Key players in Global Peracetic Acid Market include:
- Solvay Chemicals
- Evonik Industries
- PeroxyChem
- Kemira Chemicals
- Ecolab
- Enviro Tech Chemical Services
- Aditya Birla Chemicals
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Types
- Market Snapshot, By Grade
- Market Snapshot, By Applications
- Market Snapshot, By End Use
- Market Snapshot, By Region
- Global Peracetic Acid Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Safety regulations compliance
- Demand for eco-friendly disinfectants
- Growth in food processing
- Increasing healthcare facilities
- Restraints
- Handling hazards
- Price volatility
- Regulatory complexities
- Competition from substitutes
- Opportunities
- Expansion in emerging markets
- Technological advancements
- Rising healthcare expenditure
- Water treatment applications
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Peracetic Acid Market, By Types, 2021 - 2031 (USD Million)
- Disinfectant
- Sterilant
- Sanitizer
- Others
- Global Peracetic Acid Market, By Grade, 2021 - 2031 (USD Million)
- Less Than 5% Grade
- 5%-15% Grade
- Greater Than 15% Grade
- Global Peracetic Acid Market, By Applications, 2021 - 2031 (USD Million)
- Healthcare
- Water Treatment
- Food
- Pulp & Paper
- Others
- Global Peracetic Acid Market, By End Use, 2021 - 2031 (USD Million)
- Healthcare
- Food & Beverages
- Water Treatment
- Pulp & Paper
- Global Peracetic Acid Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Peracetic Acid Market, By Types, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Solvay Chemicals
- Evonik Industries
- PeroxyChem
- Kemira Chemicals
- Ecolab
- Enviro Tech Chemical Services
- Aditya Birla Chemicals
- Company Profiles
- Analyst Views
- Future Outlook of the Market