Zion Research has published a new report titled “Peracetic Acid Market for Food and Beverages, Pulp and Paper, Water Treatment, Medical, Agriculture, and Others Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 – 2020”. According to the report, global demand for peracetic acid was valued at around USD 425.0 million in 2014 and is expected to reach USD 655.0 million in 2020, growing at a CAGR of above 7 % between 2015 and 2020.
Peracetic acid is an organic compound with formula CH3CO3H. Peracetic acid (PAA) is produced by hydrogen peroxide and acetic acid in the presence of catalysts. The reaction results in peracetic acid along with certain amounts of hydrogen peroxide, acetic acid and water. Peracetic acid is manufactured in various grades depending upon the concentration of peracetic acid content in the chemical mixture and the requirements of end-user applications. It is soluble in ether, sulfuric acid, ethanol, and miscible with water. It is very effective as a biocide and is used in a range of applications. Peracetic acid is primarily used as a food & beverage, pulp & paper bleaching, medical, agriculture and others industries.
Browse the full “Peracetic Acid Market for Food and Beverages, Pulp and Paper, Water Treatment, Medical, Agriculture, and Others Applications: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2014 – 2020” report at http://www.marketresearchstore.com/report/peracetic-acid-market-z47942
The peracetic acid market is mainly driven by growing demand from food processing and beverage industries. Increasing demand of peracetic acid in beverage processing industry and rising demand from the water treatment industry is likely to boost the demand for peracetic acid market. However, health hazard associated with continuous exposure of peracetic acid is expected to become key restraint for peracetic acid market.
On the basis of applications, peracetic acid market has been classified into food and beverages, pulp and paper bleaching, water treatment, medical, agriculture, and others. The food and beverages application segment dominated the market with 23% share of the total market in 2014. Water treatment followed by medical, pulp & paper industry is expected to the fastest growing applications of peracetic acid. Increased consumption of food such as frozen meat products and beverages industry is attributed to the food and beverage application is projected to drive the peracetic acid during next six years.
Geographically, North America was the leading regional market for global peracetic acid in 2014. North America is followed by Asia Pacific. The Asia Pacific also expected to dominate the fastest growing region over forecasted period as a result of high growth in peracetic acid market especially in emerging economies like India and China. North America accounted for over 28% share of total market in 2014.
Browse 30 Market Tables and 16 Figures spread through 70 Pages and an in-depth TOC on “Peracetic Acid Market – Global Size, Shares, Trends, Segment & Forecast to 2020”
Get Sample Research Reports at http://www.marketresearchstore.com/report/peracetic-acid-market-z47942#RequestSample
Some of the key players in the global peracetic acid market include Kemira Oyj, Mitsubishi Gas Chemical Inc., Aditya Birla Chemicals, Evonik Industries, Solvay S.A., Promox S.p.A., Ecolab Inc., PeroxyChem Llc., SEITZ GmbH and Enviro Tech Chemical Services Inc.
This report segments the global peracetic acid market as follows:
Global Peracetic Acid Market: Application Segment Analysis
- Food and Beverages
- Pulp and Paper Bleaching
- Water Treatment
- Medical
- Agriculture
- Others
Global Peracetic Acid Market: Regional Segment Analysis
- North America
- U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- Middle East and Africa
Related Published Research Reports:
- Water Soluble Fertilizers Market: http://www.marketresearchstore.com/report/global-water-soluble-fertilizers-market-z37352
- Bottled Water Market: http://www.marketresearchstore.com/report/bottled-water-market-z39681
About Us
Market Research Store is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Market Research Store experienced team of Analysts, Researchers, and Consultants uses proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each Market Research Store syndicated research report covers a different sector — such as pharmaceuticals, chemical, energy, food and beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports strive to serve the overall research requirement of clients.
Media Contact
Company Name: Market Research Store
Contact Person: Joel John
Email: Send Email
Phone: +1-386-310-3803
Address:3422 SW 15, Street Suit# 8138
City: Deerfield Beach
State: FL
Country: United States
Website: http://www.marketresearchstore.com/report/peracetic-acid-market-z47942