United States Peracetic Acid Market Overview
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Growth Rate: 5.91% (2024-2032)
The United States Peracetic Acid Market size is experiencing significant growth, driven by consumer preferences for convenience and time-saving solutions. According to the latest report by IMARC Group, the market is projected to grow at a CAGR of 5.91% from 2024 to 2032.
United States Peracetic Acid Industry Trends and Drivers:
Peracetic acid (PAA) is a potent oxidizing agent used as a disinfectant and sanitizer in various industries. It is a colorless, liquid organic peroxide with a sharp, pungent odor, composed of a combination of acetic acid and hydrogen peroxide. Known for its strong antimicrobial properties, peracetic acid effectively kills bacteria, viruses, and fungi, making it ideal for applications in the food and beverage industry, healthcare, water treatment, and agriculture. Peracetic acid decomposes into non-toxic byproducts—acetic acid, oxygen, and water making it an environmentally friendly option. Its broad-spectrum efficacy, rapid action, and minimal environmental impact contribute to its widespread use as a sanitizer and disinfectant in diverse sectors.
The expanding food and beverage industry demands efficient sanitization solutions to ensure food safety and extend shelf life. Peracetic acid is widely used in this industry for its ability to disinfect equipment, packaging, and produce without leaving harmful residues. The increasing concerns about water quality and the need for safe disinfection methods in municipal and industrial water treatment are boosting the demand for peracetic acid. It effectively controls biofilm and microbial contamination without forming harmful byproducts like trihalomethanes (THMs). The growing healthcare sector requires reliable disinfectants to maintain sterile environments. Peracetic acid is used in hospitals and clinics for sterilizing medical instruments and surfaces due to its rapid action and efficacy against a wide range of pathogens. With heightened awareness of hygiene and infection control, especially post-COVID-19, there is a significant increase in the demand for effective disinfectants.
Peracetic acid's broad-spectrum antimicrobial properties make it a preferred choice in healthcare, food processing, and water treatment sectors. Stricter environmental regulations and a shift towards sustainable and eco-friendly chemicals are driving the adoption of peracetic acid. PAA decomposes into harmless byproducts acetic acid, oxygen, and water making it an environmentally safe alternative to chlorine-based disinfectants. Continuous advancements in production processes and the development of more stable and concentrated peracetic acid formulations are enhancing its effectiveness and expanding its applications across various industries which is facilitating the market growth.
United States Peracetic Acid Industry Segmentation:
The report has segmented the market into the following categories:
Grade Insights:
- Solution Grade
- Distilled Grade
Application Insights:
- Disinfectant
- Sterilant
- Sanitizer
- Others
End Use Industry Insights:
- Healthcare
- Food and Beverage
- Water Treatment
- Pulp and Paper
- Others
Regional Insights:
- Northeast
- Midwest
- South
- West
Competitive Landscape with Key Player:
- BioSafe Systems LLC.
- Diversey Inc.
- Ecolab Inc.
- Enviro Tech Chemical Services Inc
- Evonik Industries
- Hydrite Chemical Co.
- Seeler Industries
- Solvay
- Univar Solutions Inc
Key highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
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