Global Peracetic Acid (PAA) Market Analysis
Market Size, Share Global Outlook and Forecast 2025-2032
Global Peracetic Acid (PAA) Paper Market Overview
Global Peracetic Acid (PAA)
North America’s PAA market reached USD 220.41 million in 2023, with steady growth expected at a CAGR of 5.74%.
Demand is driven by stringent sanitation standards in food processing and water treatment
Key players like Solvay, Evonik, and PeroxyChem lead the market with innovations in eco-friendly disinfectants. Their focus is on expanding applications across healthcare, pulp & paper, and industrial sectors.
The 5%–15% PAA concentration segment dominates due to its balanced effectiveness and safety, widely used in food and beverage sanitation and medical sterilization.
Environmental concerns and regulatory mandates are encouraging the shift from chlorine-based disinfectants to PAA, further fueling market demand across regions.
Market Value & Growth Projections
Market Value & Growth Projections:
• Global Market Value (2023): US$ 756.50 million
• Projected Market Value (2032): US$ 1356.09 Billion • CAGR (2023-2032): 6.70%
Key Market Drivers:
Rising Demand for Food Safety and Sanitation
Growing Water Treatment Applications
Market Segmentation
By Type
By Application
5%-15% PAA
Less than 5%PAA
Above 15% PAA
By Region
Food and Beverages
Water Treatment
Key Market Players
Shepard Bros
Evonik
Enviro Tech
Chemical
Regional Market Analysis
North America
The North American Peracetic Acid market, valued at USD 220.41 million in 2023, is growing steadily due to demand in water treatment, healthcare, and food sectors. Europe’s market is also expanding, driven by strict regulations and increased use in food processing and industrial applications, despite some regulatory challenges. Key players in both regions focus on innovation and partnerships to strengthen their market position.
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