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Peracetic Acid Market CAGR Outlook And Future Development
The peracetic acid market size has experienced significant expansion in recent years. It is forecast to rise from $1.23 billion in 2025 to $1.35 billion in 2026, exhibiting a compound annual growth rate (CAGR) of 9.6%. The historical growth of this market can be attributed to factors like the demand for hospital infection control, its utilization in pulp and paper bleaching, the requirements for sanitation in food processing, the availability of hydrogen peroxide, and regulatory approvals for disinfectants.
The peracetic acid market size is projected to experience substantial expansion over the upcoming years. By 2030, its value is anticipated to reach $1.94 billion, exhibiting a compound annual growth rate (CAGR) of 9.4%. This anticipated growth during the forecast period is primarily driven by factors such as increased investments in water reuse, more stringent hygiene regulations, the expansion of healthcare infrastructure, elevated food export safety standards, and the adoption of environmentally friendly sanitizers. Key trends observed within this period encompass a surging demand for highly effective disinfectants, their increasing integration into food safety applications, broader utilization in water treatment procedures, the broadening scope of healthcare sterilization requirements, and a general move towards oxidizers that are environmentally degradable.
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Peracetic Acid Market Development Factors: What’s Supporting Demand?
The future expansion of the peracetic acid market is expected to be propelled by the increasing demand for safe drinking water. The need for drinking water is escalating due to factors such as population growth, urbanization, industrialization, heightened agricultural requirements, and the impact of climate change on water resources, collectively leading to greater competition for finite freshwater supplies. Peracetic acid is essential for providing safe drinking water because it efficiently disinfects pathogens without depositing harmful residues or byproducts, thus ensuring both water safety and environmental sustainability. For instance, a report from the United Nations International Children’s Emergency Fund, a US-based United Nations agency, indicated in August 2025 that, by 2024, approximately 2.1 billion people worldwide continued to lack access to safely managed drinking water services. Consequently, the demand for safe drinking water is driving the growth of the peracetic acid market.
Peracetic Acid Market Segment Analysis Spotlighting Growth Areas
The peracetic acid market covered in this report is segmented –
1) By Grade: Solution Grade, Distilled Grade
2) By Application: Disinfectant, Sterilant, Sanitizer, Other Applications
3) By End-Use: Healthcare, Food And Beverage, Water Treatment, Pulp And Paper, Other End-Users
Subsegments:
1) By Solution Grade: 5-15% Peracetic Acid Solution, 15-30% Peracetic Acid Solution, 30-35% Peracetic Acid Solution, Low-Concentration Peracetic Acid Solution
2) By Distilled Grade: High Purity Peracetic Acid, Analytical Grade Peracetic Acid, Industrial-Grade Distilled Peracetic Acid
Peracetic Acid Market Transformation Trends: What Innovations Are Driving Change?
Leading companies in the peracetic acid market are focusing on developing innovative products like recirculating aquaculture systems (RAS) and biocides to enhance productivity. Recirculating aquaculture systems are a sustainable fish farming technique that reuses water to maintain optimal quality while minimizing environmental impact, facilitating high-density fish farming and water conservation. Biocides are chemical substances used to eliminate or control harmful organisms, such as bacteria, fungi, viruses, and pests, in various applications including disinfection, pest management, and water treatment. For example, in May 2023, Evonik introduced VIGOROX Trident to efficiently reduce fish pathogens in recirculating aquaculture systems and ponds, even when fish are present. The primary goal is to provide an effective treatment for managing water quality and reducing waterborne fish pathogens in aquaculture.
Peracetic Acid Market Leading Companies: Who Holds The Strongest Market Presence?
Major companies operating in the peracetic acid market are Evonik Industries AG, Solvay S.A., Arkema S.A., Mitsubishi Gas Chemical Co., Inc., FMC Corporation, Kemira Oyj, Nouryon, BASF SE, LANXESS AG, OCI N.V., ADEKA Corporation, Daicel Corporation, STERIS plc, Christeyns NV, Promox S.p.A., Seeler Industries Inc., Airedale Chemical Company, Chemtex Speciality Ltd., Acuro Organics Limited, Evans Chem India Pvt. Ltd.
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Peracetic Acid Market Leading Geography: Which Region Contributes The Most Revenue?
North America was the largest region in the peracetic acid market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the peracetic acid market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
