Global Peroxyacetic Acid Market Size, Share, Forecast 2032

Market Research Store has published a report on the global peroxyacetic acid market, estimating its value at USD 1452.23 Million in 2024, with projections indicating it will reach USD 2578.12 Million by the end of 2032. The market is expected to expand at a compound annual growth rate (CAGR) of around 7.54% over the forecast period. The report examines the factors driving market growth, the obstacles that could hinder this expansion, and the opportunities that may emerge in the peroxyacetic acid industry. Additionally, it offers a detailed analysis of how these elements will affect demand dynamics and market performance throughout the forecast period.

To Get more Insights, Request a Free Sample

Peroxyacetic Acid Market: Overview

The growth of the peroxyacetic acid market is fueled by rising global demand across various industries and applications. The report highlights lucrative opportunities, analyzing cost structures, key segments, emerging trends, regional dynamics, and advancements by leading players to provide comprehensive market insights. The peroxyacetic acid market report offers a detailed industry analysis from 2024 to 2032, combining quantitative and qualitative insights. It examines key factors such as pricing, market penetration, GDP impact, industry dynamics, major players, consumer behavior, and socio-economic conditions. Structured into multiple sections, the report provides a comprehensive perspective on the market from all angles.

Key sections of the peroxyacetic acid market report include market segments, outlook, competitive landscape, and company profiles. Market Segments offer in-depth details based on Product Type, Application, Concentration, End-User, and other relevant classifications to support strategic marketing initiatives. Market Outlook thoroughly analyzes market trends, growth drivers, restraints, opportunities, challenges, Porter’s Five Forces framework, macroeconomic factors, value chain analysis, and pricing trends shaping the market now and in the future. The Competitive Landscape and Company Profiles section highlights major players, their strategies, and market positioning to guide investment and business decisions. The report also identifies innovation trends, new business opportunities, and investment prospects for the forecast period.

Key Highlights:

• As per the analysis shared by our research analyst, the global peroxyacetic acid market is estimated to grow annually at a CAGR of around 7.54% over the forecast period (2025-2032).
• In terms of revenue, the global peroxyacetic acid market size was valued at around USD 1452.23 Million in 2024 and is projected to reach USD 2578.12 Million by 2032.
• The market is projected to grow at a significant rate due to rising demand for eco-friendly disinfectants, growth in food & beverage sanitation, and stringent hygiene regulations in healthcare and water treatment.
• Based on the Product Type, the Solution Grade segment is growing at a high rate and will continue to dominate the global market as per industry projections.
• On the basis of Application, the Food and Beverage segment is anticipated to command the largest market share.
• In terms of Concentration, the 5% Solution segment is projected to lead the global market.
• By End-User, the Food Industry segment is predicted to dominate the global market.
• Based on region, Asia-Pacific is projected to dominate the global market during the forecast period.

Peroxyacetic Acid Market: Report Scope

This report thoroughly analyzes the peroxyacetic acid market, exploring its historical trends, current state, and future projections. The market estimates presented result from a robust research methodology, incorporating primary research, secondary sources, and expert opinions. These estimates are influenced by the prevailing market dynamics as well as key economic, social, and political factors. Furthermore, the report considers the impact of regulations, government expenditures, and advancements in research and development on the market. Both positive and negative shifts are evaluated to ensure a comprehensive and accurate market outlook.

Peroxyacetic Acid Market: Dynamics

Key Growth Drivers :

The primary growth driver for the Peroxyacetic Acid market is the increasing demand for effective and environmentally friendly disinfectants and sanitizers. PAA is highly valued for its ability to break down into harmless byproducts like acetic acid, water, and oxygen, making it a sustainable alternative to traditional chlorine-based chemicals. This is particularly appealing to industries facing strict environmental regulations, such as water treatment and food processing. The market is also fueled by heightened hygiene and safety standards, especially in the healthcare and food and beverage sectors. The rising incidence of hospital-acquired infections and the need to prevent foodborne illnesses have led to a greater reliance on powerful and residue-free sanitizing agents like PAA.

Restraints :

Despite the strong growth drivers, the PAA market faces several notable restraints. The most significant challenge is the corrosive and hazardous nature of the chemical. PAA is a potent oxidizing agent that can cause severe burns to the skin and eyes and requires specialized, corrosion-resistant equipment for storage and handling. This adds to the cost of implementation and can be a barrier for facilities without appropriate infrastructure. The volatility of raw material prices, particularly for acetic acid and hydrogen peroxide, can also impact production costs and lead to unpredictable pricing for consumers. Furthermore, the market faces intense competition from alternative disinfectants and sanitizers, such as hydrogen peroxide and chlorine, which are often more cost-effective in certain applications.

Opportunities :

The PAA market is full of promising opportunities for innovation and expansion. A key opportunity lies in the development of more stable and user-friendly formulations, such as more concentrated solutions or those with enhanced safety features, which would broaden its appeal across various industries. The market can also capitalize on the growing demand for water treatment solutions in developing nations, where rapid urbanization and a rising focus on public health are creating a need for effective and scalable disinfectants. There is also an opportunity to expand into new application areas, such as the agriculture sector, where PAA can be used as a fungicide and bactericide for crop protection and post-harvest sanitation.

Challenges :

The market must navigate several challenges to ensure sustained growth. One of the main hurdles is managing the complex and localized supply chain, as production is highly concentrated in a few key regions. This reliance makes the market vulnerable to geopolitical tensions and logistical disruptions. The industry also needs to address the technical challenges associated with scaling up production while maintaining product stability and safety. Furthermore, adhering to a diverse range of international regulations and safety standards for chemical handling and use is a continuous challenge for brands with a global presence, requiring significant investment in compliance and quality control.

Peroxyacetic Acid Market: Segmentation Insights

The global peroxyacetic acid market is segmented based on Product Type, Application, Concentration, End-User, and Region. All the segments of the peroxyacetic acid market have been analyzed based on present & future trends and the market is estimated from 2024 to 2032.

Based on Product Type, the global peroxyacetic acid market is divided into Solution Grade, Distilled Grade.

On the basis of Application, the global peroxyacetic acid market is bifurcated into Food and Beverage, Healthcare, Water Treatment, Pulp and Paper, Agriculture, Others.

In terms of Concentration, the global peroxyacetic acid market is categorized into 5% Solution, 15% Solution, Others.

Based on End-User, the global peroxyacetic acid market is split into Food Industry, Healthcare Facilities, Water Treatment Plants, Pulp and Paper Industry, Agriculture, Others.

Peroxyacetic Acid Market: Regional Insights

North America is the dominant region in the global peroxyacetic acid market, holding the largest revenue share. This leadership is driven by stringent regulations from agencies like the FDA and EPA, high consumer demand for food safety, and widespread adoption in the food and beverage processing industry—particularly in poultry, meat, and produce disinfecting—across the United States and Canada.

The region also has a mature wastewater treatment sector that utilizes PAA. However, the Asia-Pacific region is projected to be the fastest-growing market. This growth is fueled by rapid industrialization, expanding food processing capacities, and increasing governmental focus on water treatment and hygiene standards in heavily populated countries like China and India. Europe is a significant and well-established market, with strong demand driven by strict EU biocidal product regulations and a robust food industry, particularly in Germany and the United Kingdom.

Peroxyacetic Acid Market: Competitive Landscape

The peroxyacetic acid market report offers a thorough analysis of both established and emerging players within the market. It includes a detailed list of key companies, categorized based on the types of products they offer and other relevant factors. The report also highlights the market entry year for each player, providing further context for the research analysis.

The "Global Peroxyacetic Acid Market" study offers valuable insights, focusing on the global market landscape, with an emphasis on major industry players such as;

• Solvay S.A.
• Ecolab Inc.
• Evonik Industries AG
• Kemira Oyj
• Mitsubishi Gas Chemical Company Inc.
• Aditya Birla Chemicals
• PeroxyChem LLC
• Enviro Tech Chemical Services Inc.
• Airedale Chemical Company Limited
• Seitz GmbH
• Christeyns
• Diversey Holdings Ltd.
• FMC Corporation
• BASF SE
• Habo China Co. Ltd.
• Promox S.p.A.
• Shepard Bros. Inc.
• Shandong Huatai Interox Chemical Co. Ltd.
• Solvay Chemicals International SA
• Zhonglan Industry Co. Ltd.

The Global Peroxyacetic Acid Market is Segmented as Follows:

By Product Type

• Solution Grade
• Distilled Grade

By Application

• Food and Beverage
• Healthcare
• Water Treatment
• Pulp and Paper
• Agriculture
• Others

By Concentration

• 5% Solution
• 15% Solution
• Others

By End-User

• Food Industry
• Healthcare Facilities
• Water Treatment Plants
• Pulp and Paper Industry
• Agriculture
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America

Frequently Asked Questions