Market Overview:
United States peracetic acid market size is projected to exhibit a growth rate (CAGR) of 5.91% during 2024-2032. The expanding food and beverage industry, driven by factors such as population growth, urbanization, and changing dietary habits, which can result in an increased demand for peracetic acid for disinfection and sanitation purposes in food processing, is driving the market.
Report Attribute
|
Key Statistics
|
Base Year
|
2023 |
Forecast Years
|
2024-2032 |
Historical Years
|
2018-2023
|
Market Growth Rate (2024-2032) |
5.91% |
Peracetic acid, also known as peroxyacetic acid or PAA is a powerful and versatile chemical compound with applications across various industries. It is a peroxide-based compound formed by the combination of acetic acid and hydrogen peroxide. Peracetic acid exhibits strong antimicrobial properties, making it a widely used disinfectant, sanitizer, and sterilizing agent in food processing, healthcare, and water treatment. Its effectiveness against a broad spectrum of microorganisms, including bacteria, viruses, and fungi, has led to its adoption for preserving and decontaminating surfaces, equipment, and water. Peracetic acid's rapid degradation into harmless byproducts, such as acetic acid and oxygen, makes it an environmentally friendly disinfection option. Despite its efficacy, careful handling is essential due to its corrosive nature and potential for skin and eye irritation. As a result, peracetic acid is a key player in ensuring hygiene and safety in diverse applications, contributing to the maintenance of public health standards.
United States Peracetic Acid Market Trends:
The peracetic acid market in the United States is experiencing robust growth, driven by several key factors. Firstly, the increasing demand for disinfectants in various industries, such as healthcare, food and beverage, and water treatment, propels the market forward. Additionally, stringent regulations pertaining to water quality and food safety contribute to the escalating adoption of peracetic acid as an effective antimicrobial agent. Moreover, the rising awareness among end-users about the advantages of peracetic acid, including its eco-friendly nature and rapid degradation without leaving harmful residues, further fuels market expansion. Furthermore, the growing emphasis on maintaining stringent hygiene standards in healthcare facilities and the food processing industry amplifies the demand for peracetic acid-based disinfectants. The versatility of peracetic acid, serving as a powerful disinfectant, sanitizer, and sterilant, enhances its appeal across diverse applications. Besides this, the ongoing developments in packaging and storage technologies that ensure the stability and extended shelf life of peracetic acid products are expected to drive the market in the United States during the forecast period.
United States Peracetic Acid Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on grade, application, and end use industry.
Grade Insights:
- Solution Grade
- Distilled Grade
The report has provided a detailed breakup and analysis of the market based on the grade. This includes solution grade and distilled grade.
Application Insights:
- Disinfectant
- Sterilant
- Sanitizer
- Others
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes disinfectant, sterilant, sanitizer, and others.
End Use Industry Insights:
- Healthcare
- Food and Beverage
- Water Treatment
- Pulp and Paper
- Others
The report has provided a detailed breakup and analysis of the market based on the end use industry. This includes healthcare, food and beverage, water treatment, pulp and paper, and others.
Regional Insights:
- Northeast
- Midwest
- South
- West
The report has also provided a comprehensive analysis of all the major regional markets, which include Northeast, Midwest, South, and West.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the key players include:
- BioSafe Systems LLC.
- Diversey Inc.
- Ecolab Inc.
- Enviro Tech Chemical Services Inc
- Evonik Industries
- Hydrite Chemical Co.
- Seeler Industries
- Solvay
- Univar Solutions Inc
(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
United States Peracetic Acid Market Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
Million US$ |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
- Grade
- Application
- End Use Industry
- Region
|
Grades Covered |
Solution Grade, Distilled Grade |
Applications Covered |
Disinfectant, Sterilant, Sanitizer, Others |
End Use Industries Covered |
Healthcare, Food and Beverage, Water Treatment, Pulp and Paper, Others |
Regions Covered |
Northeast, Midwest, South, West |
Companies Covered |
BioSafe Systems LLC., Diversey Inc., Ecolab Inc., Enviro Tech Chemical Services Inc, Evonik Industries, Hydrite Chemical Co., Seeler Industries, Solvay, Univar Solutions Inc, etc. (Please note that this is only a partial list of the key players, and the complete list is provided in the report.) |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the United States peracetic acid market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the United States peracetic acid market?
- What is the breakup of the United States peracetic acid market on the basis of grade?
- What is the breakup of the United States peracetic acid market on the basis of application?
- What is the breakup of the United States peracetic acid market on the basis of end use industry?
- What are the various stages in the value chain of the United States peracetic acid market?
- What are the key driving factors and challenges in the United States peracetic acid?
- What is the structure of the United States peracetic acid market and who are the key players?
- What is the degree of competition in the United States peracetic acid market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the United States peracetic acid market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the United States peracetic acid market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the United States peracetic acid industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.