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Peracetic Acid Market Size Forecast Points To $1.94 Billion In Revenue By 2030
The peracetic acid market has demonstrated robust growth in recent years. It is projected to increase from $1.23 billion in 2025 to $1.35 billion in 2026, with a compound annual growth rate (CAGR) of 9.6%. This historical expansion can be attributed to factors such as demand for hospital infection control, its utilization in pulp and paper bleaching, the need for food processing sanitation, the availability of hydrogen peroxide, and regulatory approvals for disinfectants.
The peracetic acid market is projected to experience substantial expansion over the coming years, with its size expected to reach $1.94 billion by 2030, growing at a compound annual growth rate (CAGR) of 9.4%. This anticipated growth during the forecast period is driven by various factors, including increased investments in water reuse, the enforcement of stricter hygiene regulations, the expansion of healthcare infrastructure, stringent food export safety standards, and the rising adoption of eco-friendly sanitizers. Major trends for the forecast period include a growing demand for high-efficacy disinfectants, their increasing use in food safety applications, enhanced utilization in water treatment processes, expanding requirements for healthcare sterilization, and a shift towards environmentally degradable oxidizers.
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Peracetic Acid Market Driver Analysis: Key Factor Supporting Revenue Growth
The increasing need for safe potable water is projected to fuel expansion in the peracetic acid market. This growing demand for drinking water stems from factors such as increasing population, urbanization, industrialization, higher agricultural requirements, and the effects of climate change on water reserves, intensifying competition for finite freshwater sources. Peracetic acid is essential for ensuring safe drinking water, as it efficiently eliminates pathogens without introducing detrimental residues or byproducts, thereby guaranteeing water safety and supporting environmental sustainability. Illustratively, a report from the United Nations International Children’s Emergency Fund, a US-based United Nations agency, indicated in August 2025 that as of 2024, around 2.1 billion people globally still did not have access to safely managed drinking water services. Consequently, the impetus for safe drinking water is a key factor propelling the expansion of the peracetic acid market.
Peracetic Acid Market Segmentation Framework: Major Segments At A Glance
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
Latest Peracetic Acid Market Developments And Emerging Trends
Leading companies in the peracetic acid market are focusing on developing innovative products such as recirculating aquaculture systems (RAS) and biocides to enhance productivity. Recirculating aquaculture systems provide a sustainable fish farming method that recycles water to maintain optimal quality while minimizing environmental impact, thus allowing for high-density fish farming and water conservation. Biocides are chemical agents utilized to eliminate or manage harmful organisms, including bacteria, fungi, viruses, and pests, across various applications such as disinfection, pest management, and water treatment. For instance, in May 2023, Evonik launched VIGOROX Trident to effectively reduce fish pathogens in recirculating aquaculture systems and ponds, even in the presence of fish. The primary aim is to offer an effective treatment for managing water quality and reducing waterborne fish pathogens in aquaculture.
Which Companies Are Shaping The Peracetic Acid Market?
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 Regional Distribution: Where Is Revenue Concentrated?
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.
