Peracetic acid is an organic compound that is produced through the mixture of acetic acid and hydrogen peroxide. It has strong oxidation properties due to which it is commonly used as a bleaching agent and sanitizer. Peracetic acid’s effectiveness in disinfecting and sterilizing surfaces makes it widely applicable across industries such as food & beverages, healthcare, water treatment, and others. Rising concerns regarding safety, hygiene, and environmental protection have stimulated the demand for peracetic acid as an alternative to chlorine-based disinfectants. Growing applications in industrial wastewater treatment coupled with stringent regulations supporting the use of environment-friendly biocides are fueling the global peracetic acid market growth.
Market Dynamics:
The global peracetic acid market is driven by factors such as growth of end-use industries, rising hygiene standards, and stringent regulations promoting the use of eco-friendly sanitizers. The food industry is a major consumer as PAA helps extend the shelf-life of food products and destroy harmful microbes. Additionally, increasing utilization of PAA in healthcare facilities for the disinfection of surfaces and sterilization of medical equipment is propelling the market forward. However, stringent transportation regulations due to its hazardous nature act as a restraint. On the positive side, emerging applications in household cleaners and expansion in wastewater treatment plants present key opportunities.
Key Features of the Study:
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