Peracetic Acid Market Report by Grade (Solution Grade, Distilled Grade), Application (Disinfectant, Sterilant, Sanitizer, and Others), End-Use Industry (Healthcare, Food & Beverage, Water Treatment, Pulp & Paper, and Others), and Region 2025-2033
The global peracetic acid market size reached USD 1,044.6 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,903.9 Million by 2033, exhibiting a growth rate (CAGR) of 6.55% during 2025-2033. The market is predominantly driven by the heightening chemical demand in key industries like wastewater treatment, food safety, and healthcare due to its exceptional disinfection attributes and environmentally friendly nature. Moreover, increasing regulatory aid and environmental concerns is also supporting market expansion.
Peracetic Acid Market Analysis:
Major Market Drivers: The market is chiefly driven by the increasing demand in industries such as healthcare, water treatment, and food processing due to its exceptional disinfection abilities. Its biodegradable and eco-friendly profile aligns with rising environmental concerns, further boosting product demand. In addition, regulatory assistance from administrative bodies endorsing sustainable disinfection chemicals has fostered its extensive adoption. Moreover, escalating awareness regarding hygiene and sanitation, particularly in the post-pandemic landscape, also spurs market expansion. The dynamism of peracetic acid in mitigating broad range of sanitation issues makes it an ideal choice in numerous industries.
Key Market Trends: The magnifying utilization of the chemical in sectors such as food processing and healthcare, coupled with technological innovations in chemical formulations, are key trends significantly contributing to a positive peracetic acid market outlook. The need for biodegradable and sustainable disinfectants is currently escalating, with peracetic acid rapidly gaining momentum because of its minimal impact on the ecosystem. In addition, the inclination toward non-toxic, greener substitutes in industrial sanitation further solidifies its market position. Moreover, advancements in storage and packaging methods are improving the chemical's shelf life, reinforcing its adoption across diverse segments.
Geographical Trends: Europe is the dominant regional market primarily due to its strict environmental policies and robust industrial base. Countries like the UK, France, and Germany are major contributors, where product demand in predominantly propelled by its versatile applications in healthcare, food safety, or water treatment segments. In addition, governmental organizations of Europe are currently focusing on the utilization of environmentally friendly chemicals, resultantly bolstering the prominence of peracetic acid. The region's emphasis on hygiene regulations and sustainability across crucial industries fortifies its leadership in the global market.
Competitive Landscape: Some of the major market players in the peracetic acid industry include Aditya Birla Chemicals, Airedale Chemical Company, Diversey Inc., Ecolab Inc., Enviro Tech Chemical Services, Evonik Industries, FMC Corporation, Jubilant Life Sciences, Kemira Chemicals, Lenntech, Mitsubishi Gas Chemical Co., National Peroxide Ltd., PeroxyChem, Seitz GmbH, Solvay S.A., among many others.
Challenges and Opportunities: Some of the key peracetic acid market recent opportunities are arising from increased implementation of regulatory policies to leverage sustainable disinfection chemicals, particularly in industries such as healthcare and food. However, various challenges are witnessed in the market, like storage as well as handling complications due to the highly reactive nature of the product. The market also experiences intense competition from alternative disinfectants, which could significantly restrict the market expansion. Despite such challenges, technological innovations in formulations and amplifying awareness among both producers and consumers regarding environmental safety offer substantial prospects for further product expansion in diverse industries globally, with particular emphasis on heightening demand for non-toxic, greener products.
Peracetic Acid Market Trends:
Increasing Product Demand in Food and Beverage Sector
The global peracetic acid market is experiencing magnified demand within the food and beverage sector, mainly driven by strict safety and hygiene policies. The excellent antimicrobial properties of peracetic acid position it as a preferable chemical for disinfecting equipment and surfaces in food processing units. According to a research article published in May 2023, peracetic acid and its commercial disinfectant formulation demonstrated 3-log reduction (99.9% reduction in viral growth) within 1 minute at 80 ppm and a 4-log reduction (99.99%) within 5 minutes at 50 ppm against murine norovirus 1 on stainless steel surfaces, which are extensively used in the food industry. Moreover, as customer need for hygienic and safe food product escalates, governing bodies are implementing stringent sanitation policies, further bolstering the peracetic acid demand. Its efficacy against variety of harmful microbes ensures its amplifying adoption in this highly regulated industry.
Increasing Demand for Eco-Friendly Disinfectants
The global market for peracetic acid is witnessing significant expansion due to the rising demand for eco-friendly disinfectants across various sectors such as wastewater treatment, food processing, and healthcare. The biodegradable profile and ability to not yield any toxic residues make peracetic acid a preferable option over conventional disinfecting chemicals such as chlorine. As per industry reports, chlorine containing bleach yields harmful organic residues in wastewater and production of these bleaches releases almost 150 million tons of carbon dioxide annually. Moreover, this trend is also supported by regulatory agencies compelling manufacturers to formulate more sustainable disinfectants to minimize the environmental impact. As numerous businesses are currently focusing on adoption greener methodologies, the peracetic acid market growth is expected to fuel significantly in applications demanding eco-conscious and efficient sanitation.
Rising Product Adoption in Wastewater Treatment
One of the key trends in the global peracetic acid market is its accelerating adoption in wastewater treatment applications. Due to its superior oxidizing properties and capability to hydrolyze into non-toxic byproducts, peracetic acid is rapidly emerging as an ideal chemical for disinfecting polluted or wastewater without yielding any detrimental residues. Moreover, this chemical is highly effective against a wide range of microorganisms, including viruses and bacteria, positioning it as a valuable solution in treating industrial as well as municipal wastewater. According to a research article published in the journal Chemosphere in February 2023, approximately 380 trillion liters of wastewater is generated worldwide annually. As governments enforce stringent policies regarding wastewater treatment, the demand for superior disinfectants in anticipated to grow globally, ultimately increasing the peracetic acid market revenue.
Peracetic Acid Market Segmentation:
Breakup by Grade:
Solution Grade
Distilled Grade
Solution grade accounts for the majority of the market share
According to the peracetic acid market forecast, solution grade is anticipated to sustain its dominance as extensively utilized form of the chemical, majorly due to its multifunctionality across numerous industrial processes. It is widely leveraged in sanitization and water treatment applications due to its excellent efficacy in eliminating both inorganic and organic contaminants. The effective and stable formulation of solution-grade peracetic acid establishes it as a preferable option for industrial processes demanding superior purity levels. In addition, its capability to function at low concentrations while sustaining its resilient disinfectant attributes has further fueled its demand in industrial and environmental sectors globally.
Breakup by Application:
Disinfectant
Sterilant
Sanitizer
Others
Disinfectant holds the largest share of the industry
As per the peracetic acid market report, peracetic acid is dominantly used in disinfectant applications across critical sectors such as food processing, water treatment, and healthcare. The wide-spectrum antimicrobial activity of peracetic acid against various viruses, bacteria, and fungi positions it as an exceptionally efficient disinfectant. In addition, its eco-friendly profile, yielding no harmful residues, appeals to sectors striving to adhere to strict environmental and hygiene regulatory standards. According to the Center for Disease Control and Prevention, globally, 1.5 billion people lack basic sanitation services while 2 billion are deprived of basic hygiene facilities. Consequently, the focus on public sanitation and health in both emerging and developing economies is rising, further amplifying the requirement for peracetic acid as a credible disinfectant.
Breakup by End-Use Industry:
Healthcare
Food & Beverage
Water Treatment
Pulp & Paper
Others
Food & beverage represents the leading market segment
According to the peracetic acid market overview, the food & beverage sector has emerged as the dominant end-use industry that extensively utilizes peracetic acid in sanitizing surfaces, equipment, and process water, guaranteeing food hygiene and safety. The regulatory approval for its utilization in food-contact surfaces, combined with its efficacy in controlling contamination without altering the food quality, significantly bolsters its demand. In addition, with escalating customer awareness regarding food safety policies, the usage of peracetic acid in the food and beverage sector is anticipated to fuel substantially in the coming years.
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Europe leads the market, accounting for the largest peracetic acid market share
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Europe represents the largest regional market for peracetic acid.
Europe has established itself as the largest regional market for peracetic acid, principally driven by a magnifying need for sustainable disinfection chemicals and strict environmental protocols. Europe's commitment to environmentally friendly solutions further boosts the demand for sustainable chemicals like peracetic acid. Moreover, peracetic acid market recent developments in the region, such as heightened utilization in wastewater disinfection processes, especially in industries like food and beverage, are fostering its growth. According to the Water Information System for Europe, households and specific industries across 21,708 urban areas in the European Union generate approximately 544.4 million population equivalents of wastewater daily, equating to around 108.85 million cubic meters. This wastewater is treated in 20,087 treatment plants before being discharged, ensuring proper environmental management and compliance with regulatory standards. In addition, key countries, including France, Germany, and the UK, are dominantly steering the market due to stringent regulatory frameworks and intensified emphasis on environmental sustainability and hygiene, further solidifying Europe's dominance in the global peracetic acid market.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the major market players in the peracetic acid industry include Aditya Birla Chemicals, Airedale Chemical Company, Diversey Inc., Ecolab Inc., Enviro Tech Chemical Services, Evonik Industries, FMC Corporation, Jubilant Life Sciences, Kemira Chemicals, Lenntech, Mitsubishi Gas Chemical Co., National Peroxide Ltd., PeroxyChem, Seitz GmbH, and Solvay S.A.
(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
The competitive landscape is characterized by the presence of numerous prominent players that are currently emphasizing on solidifying their geographic presence, product innovation, and forming tactical partnerships to expand their market share. For instance, in April 2023, Solvay, a leading manufacturer of peracetic acid solutions, announced a strategic collaboration with Ginkgo Bioworks to leverage synthetic biology in developing more sustainable chemicals and materials. This partnership aims to accelerate the transition toward environmentally friendly solutions, aligning with Solvay's commitment to innovation and sustainability in the chemicals sector. Moreover, strategic acquisitions and mergers are highly prevalent in the market as major companies are striving to improve their product portfolio and cater to the escalating demand for sustainable disinfection solutions. Heavy investments in research and development projects further magnifies competition within this evolving market.
Key Questions Answered in This Report
1.What is the expected growth rate of the global peracetic acid market during 2025-2033?
2.What are the key factors driving the global peracetic acid market?
3.What has been the impact of COVID-19 on the global peracetic acid market?
4.What is the breakup of the global peracetic acid market based on the grade?
5.What is the breakup of the global peracetic acid market based on the application?
6.What is the breakup of the global peracetic acid market based on the end-use industry?
7.What are the key regions in the global peracetic acid market?
8.Who are the key players/companies in the global peracetic acid market?