Global Peracetic Acid Market to grow at a CAGR of 7.52% over the period 2014-2019; Finds New Report

Report forecast the global peracetic acid market to grow at a CAGR of 7.52% over the period 2014-2019.

Peroxyacetic acid or peracetic acid (PAA) is a colorless liquid that is formed by the reaction of acetic acid with hydrogen peroxide or by the autoxidation of acetaldehyde. The chemical is commercially sold in its distilled form or as a 1-50% solution containing acetic acid, hydrogen peroxide, and water. Peracetic acid is known to be one of the strongest oxidizing agent with a range of applications including disinfection, sanitization, sterilization, and bleaching. The chemical on application generally decomposes into environment-friendly products and does not leave any harmful residue. These versatile properties of the chemical make it the preferred choice of various household and industrial end-users. Also, various new applications as a reagent and potential fuel are being explored, widening the scope of its usage.

This report covers the present scenario and the growth prospects of the global peracetic acid market for the period 2015-2019. The report further provides data on the following segments of the market:

• Application (disinfectant, sanitizer, sterilant, bleaching agent, and others)
• Geography (APAC, EMEA, North America, and ROW)
• End use  (F&B packaging, waste water treatment, pulp and paper Industry, healthcare, oil and gas exploration, laundry, and others)

According to the report, a robust growth in the global F&B industry, accompanied by the demand for safe and hygienic packaging is one of the major drivers of the market. PAA's role as a disinfectant and a sanitizer has further expanded the scope of its application beyond the F&B industry and into the healthcare sector, where the chemical is used for sterilizing medical equipment.

Further, the report states that volatility in the prices of crude and petrochemical intermediaries such as acetaldehyde, the major raw material in the production of PAA, is one of the major challenges that the market faces. The recent plunge in crude oil prices has not only affected the margins of the petrochemical majors, but has also made them conservative in addition of new capacities.

Global Peracetic Acid Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report includes a comprehensive discussion on the market, segmented by geography; it also provides an extensive coverage on various applications and end-uses of the chemical, considering both the existing market landscape and its growth prospects in the coming years. The report further includes a discussion of the key vendors operating in this market, market structure based on the Herfindahl index, and a comment on the vendors’ product portfolios.

Key Regions

• APAC
• EMEA       
• North America
• ROW

Key players in the global peracetic acid market: Aditya Birla Chemicals, Arkema, Ecolab, Evonik, Kemira, PeroxyChem and Solvay

Other Prominent Vendors in the market are: Christeyns, DuPont, Enviro Tech Chemical Services, Helios group, Mitsubishi Gas Chemical Company, Promox, Seitz, Shandong Huatai Interox Chemical Co Ltd and Sigma-Aldrich

Market Driver

• Strict regulations on usage of chlorine-based chemicals
• For a full, detailed list, view our report

Market Challenge

• Increase in popularity of UV techniques for disinfection and sterilization
• For a full, detailed list, view our report

Market Trend

• Increase in popularity of on-site PAA generation equipment
• For a full, detailed list, view our report

Key Questions Answered in this Report

• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space and what is their portfolio matrix?
• What are the market opportunities and threats faced by the key vendors?
• What is the competitive landscape as characterized by geography?
• What are the strengths and weaknesses of the key vendors?

Spanning over 122 pages, “Global Peracetic Acid Market 2015-2019” report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Global PAA Market, Market Segmentation by Application, Geographical Segmentation, Market Segmentation by End-user, Key Leading Countries, Key Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and Their Impact, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit- http://mrr.cm/4eK

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