#Peracetic Acid Market Demand
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pearlsmith25 · 11 months ago
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Global Resilience: Peracetic Acid Market's Response to Economic and Environmental Challenges
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Peracetic acid (PAA) is an organic compound widely used as a sterilant and disinfectant in various industries including food, healthcare, and water treatment. It provides effective antimicrobial activity against viruses, bacteria, yeasts, molds, and spores. PAA breaks down into acetic acid, oxygen, and water and does not leave any toxic residues. It is adopted as an eco-friendly alternative to chlorine-based disinfectants. Increasing concerns regarding waterborne diseases have augmented the demand for PAA from water treatment applications. The global peracetic acid market is estimated to be valued at US$ 872.06 mn in 2023 and is expected to exhibit a CAGR of 7.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The growing water scarcity around the world has emphasized the need for improved water treatment processes. Peracetic acid effectively inactivates microorganisms in water and aids in disinfecting drinking water. It leaves no disinfection by-products and residue, unlike chlorine. Various governments and international organizations are undertaking initiatives and investments towards expanding access to clean water. This growing focus on water treatment infrastructure development presents significant opportunities for peracetic acid manufacturers. Advanced purification technologies using peracetic acid can help address critical issues of water contamination. This will further drive the demand for peracetic acid from the water treatment segment over the forecast period. Porter’s Analysis Threat of new entrants: The peracetic acid market��requires large capital investments for R&D, manufacturing facilities and distribution channels. Therefore threat of new entrants is moderate. Bargaining power of buyers: The buyers have moderate bargaining power due to presence of multiple established manufacturers. Bargaining power of suppliers: Few manufacturers control global supply of key raw materials which gives them strong bargaining power over buyers. Threat of new substitutes: No major substitutes currently exist for peracetic acid. However hydrogen peroxide can partly substitute peracetic acid. Competitive rivalry: The market is mature with established players. Price competition is high due to availability of substitutes. SWOT Analysis Strength: Wide industrial uses of peracetic acid as sterilant and disinfectant. Stringent food safety regulations driving demand. Weakness: Highly unstable and corrosive in nature requiring safe handling and transportation. Fluctuating raw material prices. Opportunity: Growing end-use industries especially food and medical sectors in Asia Pacific region. Development of innovative application specific products. Threats: Stringent environmental regulations around the use of hazardous chemicals. Competition from substitutes like hydrogen peroxide. Key Takeaways The global peracetic acid market is expected to witness high growth over the forecast period of 2023 to 2030. The market size for 2024 is US$ 872.06 Mn.
Regional analysis: North America dominates currently due to stringent food safety regulations. Asia Pacific is growing fastest with increasing consumption in China, India.
Key players: Kemira Oyj, Solvay S.A., Promox S.p.A., Evonik Industries, Ecolab Inc are major players. They are focusing on capacity expansion to cater to growing demand.
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marketanalysisdata · 11 days ago
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Biocides Market Share and Specification forecast To 2030
The global biocides market was valued at approximately USD 9.29 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 4.2% from 2025 to 2030. This market growth is largely driven by demand from the consumer products sector, where biocides play an essential role in a wide range of goods. In this segment, biocides are incorporated into products like cleaning agents, cosmetics, disinfectants, sanitary wipes, laundry products, toothpaste, and various types of detergents. Beyond consumer products, biocides are also increasingly applied in other formulations, such as insecticides, preservatives, fungicides, antiseptics, and herbicides, reflecting their diverse utility across multiple industries.
The global biocides market comprises two primary types based on their mode of action: oxidizing and non-oxidizing biocides. Oxidizing biocides, which work by breaking down microorganisms through oxidation, are produced using chemicals such as sodium bromide, peracetic acid, and chlorine. In contrast, non-oxidizing biocides work through a different mechanism, often targeting specific cellular processes in microbes. These are produced with chemicals like 5-chloro-2-methyl-4-isothiazolin-3-one and 1,2-benzisothiazolin-3-one, among others, which are effective in preventing microbial growth in various applications.
Gather more insights about the market drivers, restrains and growth of the Biocides Market
Stricter regulatory measures and an emphasis on sustainable development have led to a steady decrease in chemical production in the European Union. This reduction, combined with the comparatively higher production costs in the EU and the U.S., has provided a competitive edge to the Asia Pacific region, particularly countries like China, Japan, South Korea, India, and Taiwan. These countries benefit from readily available raw materials and lower production costs, enhancing their position in the global biocides market.
In the food industry, the demand for biocides is notably high as they play a vital role in controlling microbial contamination in food and beverages. Biocides are also applied to disinfect food storage containers, surfaces, and piping systems used in food logistics. As major multinational companies work to expand their product portfolios, they are increasingly focusing on innovations that minimize the potential hazards associated with biocides. This trend is anticipated to broaden the scope of biocide use in the food sector in the coming years.
End Use Segmentation Insights:
Within the biocides market, the paints and coatings segment held a significant revenue share of 26.0% during the forecast period. Paints and coatings are highly susceptible to microbial contamination, as they are often exposed to contaminants from water and air during bulk handling and storage. The use of biocides in this segment serves multiple purposes, including preserving the dry film, preventing microbial growth, and ensuring the preservation of the product within containers. Additionally, biocides help to prevent fungal growth on paint after it has dried and the film has formed. These agents are applied during the production process of paints and coatings and also in treating wastewater generated during their production. By applying biocides, manufacturers can prevent product degradation and ensure longevity and quality.
Water treatment is another major application for biocides. In this area, biocides are essential to prevent antifouling, biofilm formation, and contamination caused by bacteria or algae in a variety of water systems. These systems include cooling towers, pools and spas, paper manufacturing facilities, municipal drinking water treatment plants, and industrial water treatment operations. Commonly used biocides in these water treatment applications include chemicals such as hypobromous acid, sodium bromide, silver, bromine, hydrogen peroxide, stabilized bromine, chlorine tablets, calcium hypochlorite, sodium hypochlorite, quaternary ammonium compounds (QACs), Bronopol, and isothiazolinones. These biocides play a crucial role in ensuring that water systems remain clean, uncontaminated, and free from biofouling, which helps maintain operational efficiency across various industries.
Order a free sample PDF of the Biocides Market Intelligence Study, published by Grand View Research.
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marketstudyreport · 11 days ago
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Biocides Market In-Depth Analysis of Industry Share, Growth Outlook 2030
The global biocides market was valued at approximately USD 9.29 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 4.2% from 2025 to 2030. This market growth is largely driven by demand from the consumer products sector, where biocides play an essential role in a wide range of goods. In this segment, biocides are incorporated into products like cleaning agents, cosmetics, disinfectants, sanitary wipes, laundry products, toothpaste, and various types of detergents. Beyond consumer products, biocides are also increasingly applied in other formulations, such as insecticides, preservatives, fungicides, antiseptics, and herbicides, reflecting their diverse utility across multiple industries.
The global biocides market comprises two primary types based on their mode of action: oxidizing and non-oxidizing biocides. Oxidizing biocides, which work by breaking down microorganisms through oxidation, are produced using chemicals such as sodium bromide, peracetic acid, and chlorine. In contrast, non-oxidizing biocides work through a different mechanism, often targeting specific cellular processes in microbes. These are produced with chemicals like 5-chloro-2-methyl-4-isothiazolin-3-one and 1,2-benzisothiazolin-3-one, among others, which are effective in preventing microbial growth in various applications.
Gather more insights about the market drivers, restrains and growth of the Biocides Market
Stricter regulatory measures and an emphasis on sustainable development have led to a steady decrease in chemical production in the European Union. This reduction, combined with the comparatively higher production costs in the EU and the U.S., has provided a competitive edge to the Asia Pacific region, particularly countries like China, Japan, South Korea, India, and Taiwan. These countries benefit from readily available raw materials and lower production costs, enhancing their position in the global biocides market.
In the food industry, the demand for biocides is notably high as they play a vital role in controlling microbial contamination in food and beverages. Biocides are also applied to disinfect food storage containers, surfaces, and piping systems used in food logistics. As major multinational companies work to expand their product portfolios, they are increasingly focusing on innovations that minimize the potential hazards associated with biocides. This trend is anticipated to broaden the scope of biocide use in the food sector in the coming years.
End Use Segmentation Insights:
Within the biocides market, the paints and coatings segment held a significant revenue share of 26.0% during the forecast period. Paints and coatings are highly susceptible to microbial contamination, as they are often exposed to contaminants from water and air during bulk handling and storage. The use of biocides in this segment serves multiple purposes, including preserving the dry film, preventing microbial growth, and ensuring the preservation of the product within containers. Additionally, biocides help to prevent fungal growth on paint after it has dried and the film has formed. These agents are applied during the production process of paints and coatings and also in treating wastewater generated during their production. By applying biocides, manufacturers can prevent product degradation and ensure longevity and quality.
Water treatment is another major application for biocides. In this area, biocides are essential to prevent antifouling, biofilm formation, and contamination caused by bacteria or algae in a variety of water systems. These systems include cooling towers, pools and spas, paper manufacturing facilities, municipal drinking water treatment plants, and industrial water treatment operations. Commonly used biocides in these water treatment applications include chemicals such as hypobromous acid, sodium bromide, silver, bromine, hydrogen peroxide, stabilized bromine, chlorine tablets, calcium hypochlorite, sodium hypochlorite, quaternary ammonium compounds (QACs), Bronopol, and isothiazolinones. These biocides play a crucial role in ensuring that water systems remain clean, uncontaminated, and free from biofouling, which helps maintain operational efficiency across various industries.
Order a free sample PDF of the Biocides Market Intelligence Study, published by Grand View Research.
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healthcarehubhh · 4 months ago
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Bio Decontamination Market Will Exhibit Strong Growth Owing To Increasing Need for Advanced Medical Facilities
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The bio decontamination market involves products and services for decontaminating rooms and spaces where hazardous biological agents are present. Bio decontamination equipment and services help disinfect spaces like biosafety labs, isolation rooms, and operating rooms from potentially dangerous biological contaminants such as bacteria, spores, and viruses. The products utilize vaporized hydrogen peroxide, chlorine dioxide, and peracetic acid to decontaminate surfaces and air. Growing prevalence of hospital acquired infections and implementation of stringent hygiene standards across medical facilities have driven demand for reliable bio decontamination approaches.
The global bio decontamination market is estimated to be valued at US$ 268.5 million in 2024 and is expected to exhibit a CAGR of 9.6% over the forecast period 2024 to 2031. Key Takeaways Key players operating in the bio decontamination market are STERIS Corporation, Ecolab, Inc., TOMI Environmental Solutions, Inc., JCE Biotechnology, Fedegari Autoclavi SpA, Howorth Air Technology Ltd., Noxilizer, Inc., ClorDiSys Solutions, Inc., Wales Group, and Wenzhou Weike Biological Laboratory Equipment Co., Ltd. These major players account for a sizable portion of the overall market share and are focusing on new product launches and mergers & acquisitions to enhance their global presence. Growing incidence of hospital acquired infections has boosted demand for effective bio decontamination services and products across healthcare settings. Strict government mandates regarding decontamination of high-risk spaces such as biosafety labs prior to maintenance work is also propelling market growth. Furthermore, increasing R&D towards advanced bio decontamination technologies such as hydrogen peroxide vapor systems and UV light based solutions is anticipated to drive the market during the forecast period. Technological advancements have enabled development of portable, convenient to use and automated bio decontamination devices. Key players are focusing on launching bio decontamination products with improved functionalities such as shorter decontamination cycles and real-time monitoring of contamination levels. Increased integration of sensors, IoT, and AI is helping optimize bio decontamination processes. Market Trends Increasing Adoption of Hydrogen Peroxide Vapor (HPV) Systems - HPV systems have emerged as one of the most effective and affordable bio decontamination technique. They efficiently inactivate a wide range of microbes with minimal impact on materials and equipment. Growing popularity of HPV among healthcare and laboratory facilities is a key market trend. Focus on Portable and Standardized Bio Decontamination Products - Manufacturers are developing portable, plug-and-play bio decontamination devices to facilitate point-of-use decontamination. Standardization of bio decontamination processes across various industries is also being emphasized. This promotes product consistency and ease of regulatory compliance. Market Opportunities Rising Commercial Cleanroom Demand from Pharmaceutical Industry - Growing pharmaceutical manufacturing output and stringent quality controls have boosted cleanroom construction. This offers opportunities for specialized bio decontamination systems for periodic disinfection of aseptic production spaces. Increasing Collaboration between Industry Players and Research Institutes - Joint R&D initiatives focused on development of novel, environment-friendly, spore-killing technologies can help address current limitations and widen the scope of bio decontamination applications. This presents lucrative prospects.
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deshpandeisha · 5 months ago
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Exploring Bio Decontamination: Understanding Its Importance
The bio decontamination market had a value of USD 147.7 million in 2021 and is projected to grow at a 7.3% CAGR in terms of revenue over the next five years. Hospital acquired infections are becoming more common, which can be used to explain the bio decontamination market's consistent revenue growth (HAIs). Currently, for every 100 patients in acute-care hospitals, seven patients in high-income countries and 15 patients in low- and middle-income countries would be exposed to at least one HAI during their hospital stay.
The report studies the historical data of the Bio Decontamination market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects. The report offers an accurate forecast estimation of the Bio Decontamination industry based on the recent technological and research advancements. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Bio Decontamination market.
Download Free Sample Report of Global Bio Decontamination Market @ https://www.emergenresearch.com/request-sample/1460
The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
The leading market contenders listed in the report are:
STERIS, Ecolab, TOMI Environmental Solutions, Inc., Fedegari Autoclavi S.p.A., Zhejiang TAILIN Bioengineering Co., LTD, Howorth Air Technology Limited, Solidfog Technologies, ClorDiSys Solutions Inc., Amira Srl Unipersonale, and Noxilizer, Inc
Research Report on the Bio Decontamination Market Addresses the Following Key Questions:
Who are the dominant players of the Bio Decontamination market?
Which regional market is anticipated to have a high growth rate over the projected period?
What consumer trends and demands are expected to influence the operations of the market players in the Bio Decontamination market?
What are the key growth drivers and restraining factors of the Bio Decontamination market?
What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
What is the overall impact of the COVID-19 pandemic on the Bio Decontamination market and its key segments?
Browse Full Report Description + Research Methodology + Table of Content + Infographics@ https://www.emergenresearch.com/industry-report/bio-decontamination-market
Emergen Research has segmented the global Bio Decontamination market on the basis of type, type of care, and region
Segments Covered in this report are:
Product & Service Outlook (Revenue, USD Million; 2019-2030)
Equipment
Services
Consumables
Agent Type Outlook (Revenue, USD Million; 2019-2030)
Hydrogen Peroxide
Chlorine Dioxide
Peracetic Acid
Nitrogen Dioxide
Type Outlook (Revenue, USD Million; 2019-2030)
Chamber Decontamination
Room Decontamination
In conclusion, the Bio Decontamination Market report is an exhaustive database that will help readers formulate lucrative strategies. The Bio Decontamination Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
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chemicalresearchupdates · 8 months ago
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The Impact of COVID-19 on the Disinfectants Market: Insights and Future Outlook
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The disinfectants market comprises various chemical based products used to kill or inhibit the growth of various microorganisms such as viruses, bacteria, molds, and fungi. Disinfectants products are available in various forms including liquids, sprays, and wipes. Some key types of disinfectants include chlorine compounds, quaternary ammonium compounds, hydrogen peroxide, and peracetic acid. Disinfectants are widely used across healthcare facilities, households, food and beverage industry, and other commercial settings to prevent the spread of infectious diseases. The Global Disinfectants Market is estimated to be valued at US$ 49.0 Bn in 2024 and is expected to exhibit a CAGR of 6.0% over the forecast period 2023 to 2030. Key Takeaways Key players operating in the disinfectants market are Solvay S.A., Unilever Group, Evonik Industries AG, 3M Company, Procter & Gamble Corporation, dowdupont Inc., Lanxess AG, BASF S.E., The Clorox Company, and Reckitt Benckiser Plc. Growing awareness regarding health and hygiene along with rising prevalence of hospital acquired infections is propelling the demand for various disinfectant products. Major players are investing in research & development to develop innovative product formulations with better efficacy and new active ingredients having broader disinfection spectrum. The rising incidence of infectious diseases across the world coupled with increasing healthcare spending is a key factor augmenting the growth of the global disinfectants market. According to the Center for Disease Control and Prevention (CDC), over 700,000 people die annually due to drug-resistant infections worldwide. Furthermore, growing food safety concerns is another major factor boosting demand for various disinfectants in the food industry. Advanced technologies and formulations are helping disinfectants to become more effective. For instance, self-disinfecting surfaces that destroy bacteria and prevent disease transmission. UV disinfection technology is also gaining popularity due to its effectiveness in disinfecting air and surfaces. Smart disinfecting robots using UV light are being developed for hospitals to automate disinfection of rooms and operate hands free. Market Trends Growing preference for eco-friendly disinfectants - With increasing emphasis on sustainability, manufacturers are focusing on developing bio-based and plant-derived disinfectants using essential oils and botanical extracts. Innovation in product forms - New delivery forms such as disinfecting wipes and sprays are gaining traction over conventional liquids due to ease of application. Trigger spray bottles and portable spray cans offer improved portability and usability. Market Opportunities Rising cleaning requirements in food industry due to COVID-19 - The pandemic has increased awareness about hygiene and cleaning in the food industry. This is expected to boost demand for various surface disinfectants. Increasing healthcare expenditure in emerging economies - Emerging nations in Latin America, Asia Pacific and Africa are witnessing increased government investments in healthcare infrastructure which will drive market growth.
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bizworldinsights · 9 months ago
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Peracetic Acid 
The global Peracetic Acid market is estimated to be valued at over USD 710 million in 2019, with a projected Compound Annual Growth Rate (CAGR) of 5.7% during the forecast period. This growth is primarily fueled by the expanding sales within the food and beverage industry, creating a favorable ecosystem for industry players. Peracetic acid, also known as acetyl hydroperoxide, is produced in a controlled environment through reactions between hydrogen peroxide and acetic acid, positioning itself as one of the most oxidizing agents, second only to ozone.
Known for its antimicrobial properties and as an effective preservative, peracetic acid finds significant application in the food and beverage sector, particularly in processed foods. Contributing factors to the rising demand include the increasing global population, higher per capita income, and evolving lifestyles. The surge in corporate lifestyles has led to a spike in packaged food sales, benefiting the entire allied ecosystem, including the peracetic acid market. The chemical is extensively used in the poultry and fishery industries, and beyond food applications, it serves as a disinfectant and finds applications in personal care products. However, it is essential to note that direct exposure to peracetic acid can lead to allergies and other potential health effects, and high concentrations are generally avoided.
Global Peracetic Acid Market Size and Forecast: By Product Type
The revenue segmentation by product type includes solution grade and distilled grade, with solution grade holding the highest share. Solution grades, with 12% to 15% peracetic acid content, are widely used on a large scale.
Global Peracetic Acid Market Size and Forecast: By End-User
The market is segmented by end-use into food & beverages, pulp & paper bleaching, water treatment, agriculture, medical, and others. The food & beverage segment accounted for a significant 44% market share in 2018, with the processed food industry surpassing USD 79 billion in 2018 and showing impressive growth, particularly in developing regions.
Global Peracetic Acid Market Size and Forecast: Regional Analysis
In 2018, Asia Pacific held 39% of the global market share, with continued significant growth anticipated during the forecast period. China leads the region, followed by India and Japan, positioning Asia Pacific for the fastest growth.
Western Europe follows closely behind Asia Pacific, with Germany, France, and the UK being key countries. Together, they accounted for 69% of the regional share in 2018. However, these countries are expected to experience a slight market share decline by 377 basis points.
Global Peracetic Acid Market Size and Forecast: Competition Landscape
The industry is highly consolidated, with leading players securing a major share of the market.
Key players in the Peracetic Acid market include:
Peroxychem
Diversey
Airedale Chemical Company
Evonik
Loeffler Chemical Corporation
Mitsubishi
Ecolab
Kemira
Enviro Tech Chemical Services
Thai Peroxide
Solvay
SEITZ
Hydrite Chemical
Industry Segmentation
By Type:
Solution
Filtered
By Application:
Food & Beverages
Healthcare
Agriculture
Paper and Pulp
Water Treatment
Others
The global Peracetic Acid market, with its substantial valuation and growth prospects, reflects the chemical's pivotal role in the food and beverage industry. As industry players compete in this dynamic landscape, sustained growth is expected across various regions.
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vaiswr · 10 months ago
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Peracetic Acid Market Business Scenario Analysis By Global Industry Trend, Share, Sales Revenue and Opportunity Assessment till 2032
The global Peracetic Acid (PAA) market size was USD 934.2 Million in 2022 and is expected to register a rapid revenue CAGR of 7.2% during the forecast period. Rising demand for PAA from the processed food industry and medical industry for disinfecting surgical devices and increasing adoption of advanced technologies in the water treatment industry, and PAA in critical end-use applications are key factors driving market revenue growth.
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john9028 · 1 year ago
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Surface Disinfectant Market share, size, future Growth and Segmentation Analysis 2032
Surface Disinfectant Market growth can be attributed to several factors, including increased vehicle production, construction and infrastructure activities, travel, leisure and business, industrial production, and the need for cleanliness in these locations. In addition, the growing demand for environmentally friendly solutions such as bio-based surface disinfectants in various countries continues to contribute to the growth of the industry. The alcohol segment is expected to hold a large market share over the next few years. In addition, increasing the use of alcohol on the hard surfaces of laboratories and hospitals is expected to drive segment growth. Other major segments, including peracetic acid and hydrogen peroxide, are expected to grow significantly, due to their increasing use of surface disinfectants. Read More: https://wemarketresearch.com/reports/surface-disinfectant-market/74
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pearlsmith25 · 11 months ago
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Peracetic Acid Market Insights: Harnessing Innovation for Sustainable Solutions
Peracetic acid is an organic compound widely used as a strong and effective disinfectant and sterilant agent in various end-use industries like healthcare, food and beverage, and water treatment. It is used for disinfecting medical devices, food processing equipment, and cleaning floors and surfaces in hospitals with its rapid microbicidal activity against bacteria, viruses, yeasts, and molds. The global peracetic acid market is estimated to be valued at US$ 872.6 Mn in 2023 and is expected to exhibit a CAGR of 7.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Dynamics: Increasing demand from food and beverage disinfection applications is estimated to drive the growth of the peracetic acid market over the forecast period. Peracetic acid is widely used as a disinfectant and sterilant in the food and beverage industry for cleaning and disinfecting food processing equipment, facilities, and production areas. It helps reduce microbial contamination and prevent foodborne illnesses. Moreover, rapid microbicidal activity, non-toxic to humans and safe for equipment also contributes to its increasing usage in the F&B industry. Another factor expected to propel the market growth includes expanding healthcare sector which is employing peracetic acid on a large scale for sterilizing medical devices and hospital surfaces.
SWOT Analysis Strength: Peracetic acid is an effective sterilizer and disinfectant which kills a wide range of microorganisms in a short period of time. It leaves no toxic residues and breaks down to oxygen, acetic acid and water after use. It does not require activated wastewater treatment like chlorine-based disinfectants. This reduces the environmental impact of wastewater discharge. Peracetic acid decomposes into non-toxic byproducts and does not leave toxic residues that require removal from treated water. Weakness: Peracetic acid is highly reactive and corrosive. Precautions must be taken during transportation, storage and handling. Workers directly exposed to peracetic acid may experience skin or eye irritation. Peracetic acid is also more expensive than alternative sterilants and disinfectants like chlorine. Opportunity: Food safety concerns are increasing globally which is driving demand for more effective and natural disinfectants and sterilants. Peracetic acid is being widely used in food and beverage industry for disinfecting food processing equipment and facilities. Growing demand from various end use industries like healthcare, agriculture and wastewater treatment also presents significant growth opportunities. Threats: Presence of alternative disinfectants and sterilants like chlorine based compounds poses competition to peracetic acid market. Strict regulations regarding the transportation and use of peracetic acid are a challenge. Availability of substitute chemicals can also threaten the demand.
Key Takeaways
The global peracetic acid market is expected to witness high growth over the forecast period of 2023-2030. Recent innovations focused on developing safer and more effective formulations are driving the growth. The market is estimated to reach a value of US$ 872.6 Mn in 2023 and expected to surpass US$ 1 billion by 2030, expanding at a CAGR of 7.8%.
Regional analysis: North America dominates the global peracetic acid market currently, accounting for over 35% of the total demand. Stringent food safety and wastewater treatment regulations in the region are propelling the market. Asia Pacific is expected to be the fastest growing market going forward due to rising consumption in industries such as healthcare, food processing, and water treatment. Countries like China, India are major producers and consumers of peracetic acid in the region.
Key players: Key players operating in the peracetic acid market are Kemira Oyj, Solvay S.A., Promox S.p.A., Evonik Industries, Ecolab Inc., Thai Peroxide Limited, Mitsubishi Gas Chemical Company, Inc., PeroxyChem LLC and Diversey Inc. Innovation in production technologies and development of new application specific formulations are the focus of major companies to gain competitive advantage.
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severepeanutperfection · 1 year ago
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Peracetic Acid Market Expectations and Growth Trends Highlighted Until 2032
The Peracetic Acid Market is a thriving sector within the chemical industry, driven by its widespread application as a powerful disinfectant, sanitizer, and sterilant. Peracetic acid is a highly effective oxidizing agent, known for its broad-spectrum antimicrobial properties. It is widely used in various industries, including food and beverage processing, healthcare, water treatment, and agriculture. Peracetic acid offers a safe and environmentally friendly alternative to traditional disinfectants, as it decomposes into harmless by-products, making it a popular choice for industries seeking sustainable and efficient antimicrobial solutions.
One of the key drivers behind the growth of the Peracetic Acid Market is the increasing focus on food safety and hygiene in the food and beverage industry. As consumers become more conscious of foodborne illnesses and contamination risks, food manufacturers and processors are embracing peracetic acid as a reliable disinfectant for equipment, surfaces, and water used in the production process. Its ability to eliminate a wide range of microorganisms, including bacteria, viruses, and fungi, makes it an essential tool in maintaining food safety standards.
The healthcare sector is another significant contributor to the demand for peracetic acid. It is widely used for medical equipment sterilization, surface disinfection, and as a water treatment agent in healthcare facilities. Its quick action and ability to eliminate even the most resistant pathogens have made it a preferred choice for infection control and prevention in hospitals and healthcare settings.
Moreover, the growing awareness of environmental sustainability and the shift towards eco-friendly chemicals are propelling the adoption of peracetic acid. Unlike some traditional disinfectants, peracetic acid breaks down into harmless by-products, such as water, oxygen, and acetic acid, without leaving any harmful residues. This characteristic aligns with the growing preference for green and sustainable solutions, contributing to the market's expansion.
For More Info@ https://www.openpr.com/news/2727728/peracetic-acid-market-analysis-by-key-players-applications
In conclusion, the Peracetic Acid Market is witnessing steady growth due to its remarkable effectiveness as a disinfectant and sterilant across various industries. As global health and hygiene standards continue to be a priority, the demand for peracetic acid is expected to remain strong. Additionally, its eco-friendly nature and safety profile make it a favored choice among industries aiming to improve their environmental footprint and offer safe products and services. With ongoing research and development efforts to optimize its applications, the market for peracetic acid is likely to witness further advancements and increased adoption in the coming years.
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marketanalysisdata · 17 days ago
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Surface Disinfectant Industry 2030 Future Scope, Size Estimation, Regional Outlook
In 2023, the global surface disinfectant market reached a value of USD 5.85 billion and is projected to grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2030. This growth is driven by several factors, including changing lifestyles in developing economies, a rising awareness among livestock farmers about animal diseases, and the importance of disinfection in livestock farms. Since the COVID-19 pandemic, there has been an increased focus on hygiene and sanitation worldwide, which has led to a surge in demand for surface disinfectants, sanitizers, and cleaning products. This heightened awareness of cleanliness to prevent illness has greatly fueled the demand for products that effectively eliminate germs and viruses from surfaces, positively influencing the market's expansion.
Surface disinfectants primarily rely on raw materials that are by-products of the petroleum industry, and manufacturers in Europe, North America, and China are major sources of these ingredients. However, a shift towards eco-friendly products has led to a growing interest in biodegradable disinfectants to prevent chemical-related toxicity. These bio-based disinfectants are made from cheaper, more accessible materials compared to traditional chemicals, and as a result, they are expected to surpass conventional petroleum-based disinfectants in demand in the near future.
Since the pandemic, the market has seen a slight to moderate increase in surface disinfectant prices. The surge in demand due to COVID-19, along with an increasing prevalence of chronic diseases and hospital-acquired infections (HAIs), is driving market growth, especially in developed regions like North America and Europe. Additionally, government initiatives and strict regulations on disinfection and sterilization practices have further boosted demand for these products in healthcare, food processing, and various public sectors.
Gather more insights about the market drivers, restrains and growth of the Surface Disinfectant Market
Composition Segmentation Insights:
In 2023, chemical disinfectants dominated the surface disinfectant market, accounting for over 90% of the revenue. Their widespread use can be attributed to the effectiveness of chemical agents like hydrogen peroxide, which is commonly utilized in the food packaging industry and healthcare facilities to disinfect surfaces. The use of other chemicals, such as quaternary ammonium compounds and alcohols, is also anticipated to support market growth due to their proven efficacy.
Chemical disinfectants are generally divided into two categories: oxidizing and non-oxidizing disinfectants. Non-oxidizing disinfectants include aldehydes, amphoteric phenolics, alcohols, and quaternary ammonium compounds (QACs). They are further classified into three main levels based on their efficacy: low-level disinfectants (e.g., QAC, phenolic compounds), intermediate-level disinfectants (e.g., iodine, alcohols, iodophores, hypochlorites), and high-level disinfectants (e.g., ortho-phthalaldehyde, hydrogen peroxide, peracetic acid, formaldehyde, and glutaraldehyde). Each level offers a different degree of antimicrobial activity, enabling industries and healthcare facilities to select products that align with their specific disinfection needs.
Bio-based surface disinfectants are emerging as a viable alternative to chemical disinfectants due to their non-toxic, biodegradable, and environmentally friendly properties. With the FDA’s approval of bio-based products for commercial use and the formulation of surface disinfectants, bio-based disinfectants present a considerable opportunity for market players. The growing application scope of these eco-friendly disinfectants, coupled with their potential to replace chemical disinfectants at cost-effective levels, is expected to create substantial market opportunities for both existing participants and new entrants.
Order a free sample PDF of the Surface Disinfectant Market Intelligence Study, published by Grand View Research.
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marketstudyreport · 17 days ago
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Surface Disinfectant Market Outlook to 2030: Top Manufacturer Analysis, Overview and Forecast Report
In 2023, the global surface disinfectant market reached a value of USD 5.85 billion and is projected to grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2030. This growth is driven by several factors, including changing lifestyles in developing economies, a rising awareness among livestock farmers about animal diseases, and the importance of disinfection in livestock farms. Since the COVID-19 pandemic, there has been an increased focus on hygiene and sanitation worldwide, which has led to a surge in demand for surface disinfectants, sanitizers, and cleaning products. This heightened awareness of cleanliness to prevent illness has greatly fueled the demand for products that effectively eliminate germs and viruses from surfaces, positively influencing the market's expansion.
Surface disinfectants primarily rely on raw materials that are by-products of the petroleum industry, and manufacturers in Europe, North America, and China are major sources of these ingredients. However, a shift towards eco-friendly products has led to a growing interest in biodegradable disinfectants to prevent chemical-related toxicity. These bio-based disinfectants are made from cheaper, more accessible materials compared to traditional chemicals, and as a result, they are expected to surpass conventional petroleum-based disinfectants in demand in the near future.
Since the pandemic, the market has seen a slight to moderate increase in surface disinfectant prices. The surge in demand due to COVID-19, along with an increasing prevalence of chronic diseases and hospital-acquired infections (HAIs), is driving market growth, especially in developed regions like North America and Europe. Additionally, government initiatives and strict regulations on disinfection and sterilization practices have further boosted demand for these products in healthcare, food processing, and various public sectors.
Gather more insights about the market drivers, restrains and growth of the Surface Disinfectant Market
Composition Segmentation Insights:
In 2023, chemical disinfectants dominated the surface disinfectant market, accounting for over 90% of the revenue. Their widespread use can be attributed to the effectiveness of chemical agents like hydrogen peroxide, which is commonly utilized in the food packaging industry and healthcare facilities to disinfect surfaces. The use of other chemicals, such as quaternary ammonium compounds and alcohols, is also anticipated to support market growth due to their proven efficacy.
Chemical disinfectants are generally divided into two categories: oxidizing and non-oxidizing disinfectants. Non-oxidizing disinfectants include aldehydes, amphoteric phenolics, alcohols, and quaternary ammonium compounds (QACs). They are further classified into three main levels based on their efficacy: low-level disinfectants (e.g., QAC, phenolic compounds), intermediate-level disinfectants (e.g., iodine, alcohols, iodophores, hypochlorites), and high-level disinfectants (e.g., ortho-phthalaldehyde, hydrogen peroxide, peracetic acid, formaldehyde, and glutaraldehyde). Each level offers a different degree of antimicrobial activity, enabling industries and healthcare facilities to select products that align with their specific disinfection needs.
Bio-based surface disinfectants are emerging as a viable alternative to chemical disinfectants due to their non-toxic, biodegradable, and environmentally friendly properties. With the FDA’s approval of bio-based products for commercial use and the formulation of surface disinfectants, bio-based disinfectants present a considerable opportunity for market players. The growing application scope of these eco-friendly disinfectants, coupled with their potential to replace chemical disinfectants at cost-effective levels, is expected to create substantial market opportunities for both existing participants and new entrants.
Order a free sample PDF of the Surface Disinfectant Market Intelligence Study, published by Grand View Research.
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lovingtyphooncupcake · 2 years ago
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Cleaning Up the Competition: An In-Depth Analysis of the Surface Disinfectant Market
The global surface disinfectant market is set to gain impetus from the emergence of COVID-19 pandemic worldwide. It has surged the need for surface disinfectant as people are persistently sanitizing the places and objects that are coming into frequent human contact for reducing the impact of the virus. This information is given by Fortune Business Insights™ in a recent report, titled, “Surface Disinfectant Market Size, Share & Industry Analysis, By Type (Aerosol, Gel, Liquid, and Wipe), By Composition (Alcohols, Chlorine Compounds, Quaternary Ammonium Compounds, Hydrogen Peroxide, Peracetic Acid, and Others), By Application (Residential, Commercial, Health Care Facility, and Others), and Regional Forecast, 2020-2027.” The report further states that the global surface disinfectant market size was USD 770.6 million in 2019 and is projected to reach USD 1,547.7 million by 2027, exhibiting a CAGR of 9.1% during the forecast period.
Information Source - https://www.fortunebusinessinsights.com/surface-disinfectant-market-103062
This Report Answers the Following Questions:
What are the market drivers, hindrances, and dynamics?
How will the market be affected in the coming years?
Which strategies are being adopted by prominent companies to intensify competition?
Which region is expected to lead the market?
How will the spread of coronavirus infection impact the market?
Drivers & Restraints-
Increasing Prevalence of Hospital-Acquired Infections to Propel Growth
The cases of hospital-acquired infections (HAIs) are expected to surge the demand for surface disinfectant in the near future. These infections mainly occur when the patients are being treated in the hospitals and are not often detected during the admission procedure. The infections associated with the invasive devices and medical equipment consist of ventilator-associated pneumonia, catheter associated infections, and surgical site infection. However, surface disinfectants include a wide range of chemicals, namely, acetic acid, peroxides, and hypochlorite. These are very harmful for the human health, as well as for the environment. These factors are expected to hamper the surface disinfectant market growth in the coming years.
Segment-
Residential Segment to Grow Steadily Owing to Awareness About Infections
In terms of applications, the market is divided into health care facilities, commercial, residential, and others. Out of these, the residential segment held 16.1% surface disinfectant market share in 2019. This growth is attributable to the increasing awareness amongst the populaces about the benefits of using surface disinfectants and the spread of several infections. Additionally, the outbreak of COVID-19 pandemic is rapidly driving the demand for surface disinfectants.
Regional Analysis-
Rising Government Laws to Maintain Hygiene will Favor Growth in North America
In 2019, North America procured USD 299.9 million in terms of revenue. This growth is attributable to the increasing number of stringent laws put forward by the governments for maintaining proper sanitation and hygiene at public places, food establishments, and hospitals. Europe is set to experience significant growth stoked by the rising utilization of surface disinfectants, especially for household applications. Asia Pacific, on the other hand, is anticipated to exhibit the fastest growth fueled by the increasing expenditure of the governments of numerous countries on public health and cleanliness.
Competitive Landscape-
Key Companies Focus on Product Launches & Collaborations to Surge Sales
The market is highly competitive because of the presence of a large number of international and regional companies. Most of them are either following the strategy of joint ventures and partnerships, or are investing huge sums to launch novel surface disinfectants in the market. These steps are helping them to gain a competitive edge. Below are two of the latest industry developments:
January 2019: Reckitt Benckiser joined hands with Diversey to broaden its presence in North America and to reach out to more hospitals, food joints, and educational institutions.
November 2018: Diversey Inc. launched its one-step cleaner, ready-to-use deodorizer and disinfectant called SureTouch. It contains hydrogen peroxide and was approved by the Environmental Protection Agency (EPA) for effectively cleaning the facilities.
Fortune Business Insights™ lists out the names of all the surface disinfectant manufacturers operating in the global market. They are as follows:
3M (U.S.)
The Proctor & Gamble Company(U.S.)
Kimberley-Clark Corporation(U.S.)
SC Johnson Professional(U.S.)
The Clorox Company(U.S.)
Ecolab (U.S.)
Metrex Research LLC(U.S.)
Reckitt Benckiser (U.K.)
Diversey Inc.(U.S.)
STERIS plc (Ireland)
Whiteley Corporation (Australia)
Other Key Players
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ananya5400 · 2 years ago
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Factors Driving the Animal Disinfectants Market
The report "Animal Disinfectants Market by Application (Dairy Cleaning, Swine, Poultry, Equine, Dairy Ruminants, and Aquaculture), Form (Liquid and Powder), Type (Iodine, Lactic Acid, Hydrogen Peroxide), and Region- Global Forecast to 2027", size is estimated to be valued at USD 3.2 billion in 2022. It is projected to reach USD 4.6 billion by 2027, recording a CAGR of 7.6% during the forecast period. The growth of the animal disinfectants market is attributed to the increasing trade of sanitation amidst this COVID-19 pandemic and increasing demand for meat and other animal products among countries such as Mexico, Brazil, Argentina, the UAE, India, and China. Animal disinfection is a technique that involve cleaning both the animals such as swine, equine, ruminants, poultry, and fishes and the surfaces to guarantee that microbial and other illnesses do not affect the animals or enter the food chain through the production process at the facilities. The animal disinfectants market is witnessing significant growth due to the increasing consumption of meat products in developing countries such as India, China, South Africa, and Brazil, compelling manufacturers to increase production.
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By type, the iodine segment is estimated to account for the largest share in the animal disinfectants market in 2022.
On the basis of product type segment, the iodine segment is estimated to dominate the animal disinfectants market in 2022. In recent years, China is being observed as an emerging country in the animal disinfectants market due to the increasing awareness in sanitation and increasing livestock production. For effective cleaning and disinfection, manufacturers use chemicals such as lactic acid, glycolic acid, phenolic acid, hydrogen peroxide, peracetic acid, and iodine in various chemical disinfection. However, the use use of iodine has dominated the use of all other compounds owing to its easy availability and wide applicability.
By application, dairy cleaning segment is projected to be the fastest-growing segment during the forecast period in the animal disinfectant market
During the forecast period, the dairy cleaning segment is projected to grow at the highest CAGR in the animal disinfectants market, in terms of value. Disinfectants are widely used in the dairy industry for cleaning dairy equipment. The cleaning of dairy cattle involves removing equipment and bedding before cleaning. The nature of the surfaces will influence the disinfection process. Rough and porous surfaces are difficult to disinfect in comparison to smooth surfaces. Both the milking parlor and milking machines must be cleaned daily to ensure more hygienic products.
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The Europe is estimated to dominate the animal disinfectant market in 2022
The Europe is estimated to account for the largest market share in the animal disinfectants market in 2022. The disinfectant industry in Europe offers the animal disinfectants market a large consumer base with opportunistic growth prospects. The growth of this market in the region is projected to be driven by developments in the livestock and meat industry in the Eastern European countries. Increasing consumption of meat products in this region has also compelled manufacturers to source and export of animal disinfectants to other parts of the world for an uninterrupted supply of advanced disinfectants.
This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, such as Neogen Corporation (US), GEA (Germany), Lanxess AG (Germany), Zoetis (US), Kersia Group (France), CID Lines (Belgium), Albert Kerbl GmbH (Germany), PCC Group (Germany), Laboratoires Ceetel- CMPC (France), G SheperdAnimal Health (UK), Sanosil AG (Switzerland), DeLaval Inc. (Sweden), Diversey Holdings Ltd. (US), Fink Tec GmbH (Germany), Evans Vanodine International PLC (UK), Virox Animal Health (Canada) and Kemin Industries (US)
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coldpenguintaco · 2 years ago
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Increasing Peracetic Acid Adoption will Surge the Market Growth Further| Evonik Industries, Kemira Oyj, Mitsubishi Gas Chemicals, Inc., Solvay S.A., PeroxyChem LLC, SEITZ GmbH, and Ecolab Inc., among others
Increasing Peracetic Acid Adoption will Surge the Market Growth Further| Evonik Industries, Kemira Oyj, Mitsubishi Gas Chemicals, Inc., Solvay S.A., PeroxyChem LLC, SEITZ GmbH, and Ecolab Inc., among others
North America Peracetic Acid The global peracetic acid market size is estimated to be USD 813 million in 2020 and is projected to reach USD 1,685 million by 2030, at a CAGR of 7.6%, between 2020 and 2030. Peracetic acid is widely used as disinfectant, sanitizer, bleach, sterilant, industrial reagent, oxidizer, and polymerization catalyst. It is a strong oxidizing agent and has stronger oxidation…
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