The report "Peracetic Acid Market by Application (Disinfectant, Sterilant, Sanitizer), End-use Industry (Healthcare, Food & Beverage, Water Treatment, Pulp & Paper), and Region (North America, Europe, APAC) - Global Forecasts to 2030" The global peracetic acid market size is projected to grow from USD 813 million in 2020 to USD 1,685 million by 2030, at a CAGR of 7.6%.
The drivers of the industry are the growing usage of peracetic acid in end-use industries and the demand for high-quality biocides products. The availability of different product grades and shift in consumer preference toward high-quality products are also important drivers of the market in recent times. An increase in the use of peracetic acid in industries, such as healthcare, food & beverage, water treatment, pulp & paper, and the emergence of new applications (laundry, breweries, wineries, and agriculture) are expected to change the market dynamics. The growing demand in India, China, Brazil, South-East Asia, and Mexico is expected to drive the market during the forecast period.
