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Peracetic Acid Market Growth Potential: How Will Market Size Change Through 2030?
The peracetic acid market has witnessed substantial expansion over recent years. This market is anticipated to grow from $1.23 billion in 2025 to $1.35 billion in 2026, achieving a compound annual growth rate (CAGR) of 9.6%. Significant factors contributing to its past growth include the escalating demand for hospital infection control, its extensive application in pulp and paper bleaching, the crucial need for food processing sanitation, the abundant availability of hydrogen peroxide, and various regulatory clearances for disinfectants.
The peracetic acid market is anticipated to undergo considerable growth in the upcoming years. This market is expected to achieve a valuation of $1.94 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 9.4%. The expansion during this projected timeframe is driven by factors such as heightened investments in water reuse, the enforcement of stricter hygiene regulations, improvements in healthcare infrastructure, elevated safety standards for food exports, and the broader acceptance of eco-friendly sanitizers. Key developments anticipated within this forecast period include a surging demand for highly effective disinfectants, their increasing deployment in food safety applications, greater integration into water treatment processes, expanding needs for healthcare sterilization, and a distinct movement towards environmentally degradable oxidizers.
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#Peracetic Acid Market Growth Drivers And Industry Catalysts
The increasing need for safe drinking water is anticipated to boost the expansion of the peracetic acid market in the future. This surge in drinking water demand stems from factors such as expanding populations, urban development, industrialization, growing agricultural requirements, and the effects of climate change on water reserves, intensifying competition for finite freshwater sources. Peracetic acid plays a crucial role in delivering safe drinking water, as it efficiently eliminates pathogens while leaving no detrimental residues or byproducts, thereby guaranteeing both water security and environmental protection. For example, an August 2025 report from the United Nations International Children’s Emergency Fund, a US-based United Nations agency, highlighted that by 2024, around 2.1 billion individuals globally still did not have access to securely managed drinking water services. Consequently, the imperative for safe drinking water is a primary catalyst for the growth observed in the peracetic acid market.
Peracetic Acid Market Segmentation Trends And Revenue Drivers
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 Trends Influencing Long-Term Demand
Leading companies in the peracetic acid market are prioritizing the development of innovative products, including recirculating aquaculture systems (RAS) and biocides, to enhance productivity. Recirculating aquaculture systems offer an environmentally friendly method of fish farming that reuses water to maintain optimal conditions while minimizing environmental impact, thereby enabling high-density fish cultivation and water conservation. Biocides are chemical compounds utilized to eliminate or manage harmful organisms such as bacteria, fungi, viruses, and pests, with applications in areas like disinfection, pest control, and water treatment. For instance, in May 2023, Evonik introduced VIGOROX Trident to effectively reduce fish pathogens in recirculating aquaculture systems and ponds, even when fish are present. The main objective is to provide an efficient treatment for managing water quality and decreasing waterborne fish pathogens in aquaculture.
#Peracetic Acid Market Industry Leaders: Which Organizations Are Driving Competition?
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 Largest Region: Which Geography Holds The Highest Market Share?
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.
