Asia Pacific Peracetic acid market to grow at a CAGR of more than 9% through 2025
Category: #business  By Ravi Chawat  Date: 2021-03-05
  • share
  • Twitter
  • Facebook
  • LinkedIn

Asia Pacific Peracetic acid market to grow at a CAGR of more than 9% through 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 industry growth in the coming years.

Peracetic Acid Market will reach 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.

Get sample copy of this research report @ https://www.decresearch.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.

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.

Get Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/peracetic-acid-market

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.

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.

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.

Get more news:

https://www.globenewswire.com/news-release/2017/07/03/1037421/0/en/Acetic-Acid-Market-to-surpass-16bn-by-2024-Global-Market-Insights-Inc.html

https://www.globenewswire.com/news-release/2020/04/01/2010390/0/en/Titanium-Dioxide-Market-is-slated-to-surpass-27-billion-by-2026-Says-Global-Market-Insights-Inc.html

https://www.worldofchemicals.com/media/top-4-factors-driving-glycol-ether-market-outlook/5443.html

About Author

Ravi Chawat    

Ravi Chawat

Ravi Chawat holds a bachelor's degree in Electronics and Telecommunication Engineering. He has worked closely with industry specialists from different segments including chemicals, food and beverages, construction and manufacturing & energy and power. Ravi's article c...

Read More>>

More News By Ravi Chawat

Calcium Nitrate Market Growth 2020 | Industry Developments, Current Trends by 2025
Calcium Nitrate Market Growth 2020 | Industry Developments, Current Trends by 2025
By Ravi Chawat

DecResearch has recently published a study titled ‘global Calcium nitrate market research repo...

Flexible Foam Market Growth, Opportunities, Competitive Landscape, Future Plans, and Forecasts Study Till 2025
Flexible Foam Market Growth, Opportunities, Competitive Landscape, Future Plans, and Forecasts Study Till 2025
By Ravi Chawat

DecResearch has recently published a study titled ‘global Flexible Foam Market research report...

Recent Research: Detailed Analysis on Sodium Metabisulfite Market Size with Forecast to 2025
Recent Research: Detailed Analysis on Sodium Metabisulfite Market Size with Forecast to 2025
By Ravi Chawat

Industrial grade Sodium Metabisulfite Market is witnessing unprecedented demand due to an evident ri...