Home » Business, Manufacturing & Industry, Pharmaceuticals & Biotech, Science, World » Peracetic Acid Market to Soar at CAGR of 8.33% to 2020 Driven by Rising Demand in Asia-Pacific
The global peracetic acid market size is estimated to reach USD 783.3 million by 2020, at a CAGR of 8.33% between 2015 and 2020. High concentration, optimum performance, safe by-products, long shelf life and slow thermal degradation properties are the prime factors driving the growth of peracetic acid market. Food industry is the largest application of peracetic acid. Rising demand in Asia-Pacific is the major driver for growth of peracetic acid market.

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The worldwide peracetic acid market size is estimated to reach USD 783.3 million by 2020, at a CAGR of 8.33% between 2015 and 2020. The strong focus on delivering superior properties such as high concentration, optimum performance, safe by-products, long shelf life and slow thermal degradation are the growth factors of peracetic acid market. Their ability to impart unique performance properties in every application is fueling the overall demand for peracetic acid in the next five years.

Peracetic acid is used in various applications such as food, healthcare, water treatment, and pulp & paper, and others. In 2015, the food application segment accounted for the largest market share among all the applications, in terms of value. The food application segment is followed by healthcare, water treatment, and pulp & paper. The peracetic acid market in the food application segment is estimated to witness the highest CAGR between 2015 and 2020, in terms of volume.

The robust demand in Asia-Pacific is expected to be the major driving factor for the growth of the global peracetic acid market. China is expected to lead the demand for peracetic acid due to increased industrial production in the last 3–4 years. It is also among the leading emerging consumer of peracetic acid in the world. The markets in other emerging economies such as Brazil, India, and Mexico are also projected to grow rapidly.

In the process of determining and verifying the market size for several segments and sub-segments gathered through secondary research, extensive primary interviews of key opinion leaders in the smart glass market were conducted. In Tier 1 (33.3%), Tier 2 (22.2%), and Tier 3 (44.5%) companies. The interviews were conducted with various key people such as C-level (33.3%) and others (66.7%) operating in the global peracetic acid market. The primary interviews were conducted worldwide covering regions such as North America (66.7%), Europe (22.2%) and Asia-Pacific (11.1%).

The key companies profiled in this market research report are Solvay AG (Belgium), Ecolab (U.S.), Kemira Ojy (Finland), Evonik Industries AG (Germany), Mitsubishi Gas Chemical Company (Japan), PeroxyChem Llc. (U.S.), Airedale Chemical (U.K.), Enviro Tech Chemical Services Inc. (U.S.), SEITZ GmbH (Germany), Belinka Perkemija (Slovenia), Aditya Birla Chemicals (Thailand), Christeyns (Belgium), and Promox S.P.A. (Italy). Order a copy of Peracetic Acid Market by Type (Disinfectant, Sanitizer, Sterilant, & Others), by Application (Food, Healthcare, Water Treatment, Pulp & Paper, & Others), by Region, (North America, Europe, Asia-Pacific, & RoW) – Global Forecast to 2020 research report at:
http://www.reportsnreports.com/purchase.aspx?name=292273

This report segments the peracetic acid market comprehensively and provides the closest approximations of the market sizes for the overall market and the sub segments across different verticals and regions. The report will help stakeholders to understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

This report will help stakeholders to understand the major competitors and gain more insights to better their position in the business. The competitive landscape section includes new product developments, investments, partnerships, and mergers & acquisitions.

On a related note, another research titled Ultra-Pure Sulfuric Acid Market Global Trends and Forecasts to 2020 says, the global ultra-pure sulfuric acid market is projected to reach USD 311.2 million by 2020, registering a CAGR of 6.3% from 2015 to 2020. The production of advanced and sophisticated electronic devices is driving the consumption of ultra-pure sulfuric acid. Semiconductor is the fastest growing application for ultra-pure sulfuric acid. Asia-Pacific is the fastest growing market for ultra-pure sulfuric acid. This study has been validated through primaries conducted with various industry experts globally. Companies like BASF S.E., PVS Chemicals Inc., Chemtrade Logistics Inc., KMG Chemicals Inc., INEOS enterprises Ltd., Kanto Chemical Co. Inc., Trident Group and the Linde Group have been profiled in this 129 pages research available at:
http://www.reportsnreports.com/reports/444870-ultra-pure-sulfuric-acid-market-by-grade-ppt-ppb-by-end-use-industry-semiconductor-pharmaceutical-and-by-region-global-trends-and-forecasts-to-2020.html

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