Peracetic acid is a mixture of acetic acid and hydrogen peroxide in a watery solution. It can also be by oxidation of acethaldehyde. It is a bright, colorless liquid that has a piercing odor, low pH value and is usually produced in concentrations of 5-15%. Furthermore, it is highly water soluble and does not produce any health and environmentally hazardous byproducts. Besides, peracetic acid is an environmentally safe an versatile anti-microbial agent and a powerful antioxidant which is used in various industrial as well as household processes, which includes food establishment, agricultural processes, medical facilities, lavatories, dairy processing plants, wineries and beverage plants. Moreover, peracetic acid is also applied for the disinfection of medical supplies and to prevent bio film formation in pulp industries. In addition, due to growing demand for peracetic acid in food processing and beverage industries, the market for peracetic acid is anticipated to propel in near future.
The factors such as advancement in manufacturing technology, increasing water treatment procedures and growing demand of frozen foods are driving the global peracetic acid market. Additionally, government approval in the European and North American region has also impacted the growth of the peracetic acid market globally. Whereas, continuous fluctuations in the cost of raw materials and direct exposure of peracetic acid causes severe burns and allergy are some factors impeding the peracetic acid market growth.
The peracetic acid market is segmented by Type, application and geography.
Various types were studied in the report such as disinfectant, sterilant and sanitizer. Peracetic acid has outstanding disinfectant properties and acts as a potent antimicrobial agent, even at low concentration. It is effective against bacteria, yeasts, molds and virus. They are used to disinfect or sterilize equipment, surfaces, tanks, pipes and plastic bottles. Furthermore, sterilizing the packaging material with peracetic acid solutions or vapour in the rinsing step of the bottle filling line is used for aseptic cold filling to protect beverages along the production chain.
Based on application, the peracetic acid market is classified into healthcare, food & beverage, water treatment, pulp & paper and others. Whereas, others segment consist of agriculture, wineries, breweries and laundry. In food & beverage packaging applications, many types of products are packaged in plastic bottles which are made from PE or PET. Juices, soft drinks, tea and liquid dairy products require perfect hygienic conditions during the packaging process, to guarantee there long shelf life peracetic acid is used. Furthermore, peracetic acid is used as a sanitizing agent in water treatment process because water systems are very often contain bacteria. Sanitizing cleans the system and eliminates growth of bacteria.
The peracetic acid market report is studied across the key countries of North America, Europe, Asia Pacific and Rest of the World. Due to massive number of industrial activities and companies in the United States, the North America region dominated the peracetic acid market. Whereas, Asia Pacific is anticipated to witness the fastest growth rate during the forecast period, owing to the rising demand of peracetic acid in the food & beverage, water systems and healthcare industries in this region.
The key market players that are dominating the hemostats market include Solvay SA, Evonik Industries AG, Ecolab Inc., Kemira OYJ, Mitsubishi Gas Chemical Company, Jubilant Life Sciences, National Peroxide Ltd., Enviro Tech Chemical Services, Peroxychem and Airedale Chemical. Leading companies have invested massive capital in research & development and mergers & acquisitions activities to develop innovative products in the market.
The peracetic acid market is segmented by Type, application and geography. Various types were studied in the report such as disinfectant, sterilant and sanitizer. Peracetic acid has outstanding disinfectant properties and acts as a potent antimicrobial agent, even at low concentration. It is effective against bacteria, yeasts, molds and virus. They are used to disinfect or sterilize equipment, surfaces, tanks, pipes and plastic bottles. Based on application, the peracetic acid market is classified into healthcare, food & beverage, water treatment, pulp & paper and others. Whereas, others segment consist of agriculture, wineries, breweries and laundry. In food & beverage packaging applications, many types of products are packaged in plastic bottles which are made from PE or PET. Juices, soft drinks, tea and liquid dairy products require perfect hygienic conditions during the packaging process, to guarantee there long shelf life peracetic acid is used. Furthermore, peracetic acid is used as a sanitizing agent in water treatment process because water systems are very often contain bacteria. Sanitizing cleans the system and eliminates growth of bacteria. The peracetic acid market report is studied across the key countries of North America, Europe, Asia Pacific and Rest of the World. Due to massive number of industrial activities and companies in the United States, the North America region dominated the peracetic acid market. Whereas, Asia Pacific is anticipated to witness the fastest growth rate during the forecast period
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