Peroxyacetic Acid market is expected to to cross USD 1,092.5 Million by 2027
As per MRFR analysis, the global peroxyacetic acid market is growing enormously well and expecting a huge growth potential during the forecast period. The major factor that drive the growth of peroxyacetic acid is increasing usage of peroxyacetic acid over other biocides, increasing population will accelerate food demand and increasing demand for packaged food and other factor as well.
Globally the market for peroxyacetic acid market is expected to grow at the rate of about 7.11% from 2016 to 2027.
Major Key players in the Global Peroxyacetic Acid Market
- Solvay Chemicals
- Evonik Industries
- Aditya Birla Chemicals
- Promox S.P.A
- Enviro Tech Chemical Services
- Seitz Gmbh
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The global peroxyacetic acid market has seen a remarkable growth over the past few years and it has been expected that the global market will keep on growing during the forecast period. Peroxyacetic Acid is majorly used in the food industry, healthcare industry, water treatment industry, pulp & paper industries and others such as agriculture and laundry.
The growing applications are resulting in the increasing demand for Peroxyacetic Acid across the globe. The major factors behind the growth of global Peroxyacetic Acid market are increasing usage of peroxyacetic acid over other biocides and increasing population will accelerate food demand. As per analysis, disinfectant is expected to account the highest growth during the forecast period due to the huge demand from the application industries.
The Major Key Finding That is important for Peroxyacetic Acid Market
- The global peroxyacetic acid market and is expected to reach $1,092.5 million by 2027.
- Disinfectant accounted for the largest market share registering CAGR of 8.37% during the forecast period.
- Regionally, Europe holds the largest market share 29%% of global peroxyacetic acid market and is expected to reach $325.1 million by 2027 from $135.5 million in 2015.
- Asia Pacific market is expected to be the fastest growing market, and expected to grow at a CAGR of 8.02% from 2016 to 2027
- On the basis of applications, food segment holds 27% market share
Taste the market data and market information presented through more than 100 market data tables and figures spread in 145 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Peroxyacetic Acid Market Information from 2016 to 2027“
Europe will be the leading market
Europe will be the dominating market for global Peroxyacetic Acid, accounting for $135.5 Million and is expected to grow over $325.1 Million by 2027. This share is attributed to the growing demand from application segment, government support and growing domestic market.
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This research report has provides the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion.
Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the Global Peroxyacetic Acid Market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.
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Segmentation by types
- Disinfectant Sanitizer
Segmentation By application
- Food, Healthcare
- Water Treatment
- Pulp & Paper
- Agriculture And Laundry
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