Peracetic Acid Market Poised to Reach $664.24 Million by 2018 - Report by MarketsandMarkets

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The global peracetic acid market is growing at a CAGR of 8.2% during the period under review and focuses on the basis of its types such as (disinfectant, sanitizer, sterilant & others) applications such as (healthcare, pulp & paper, water treatment, food & others) and regions along with forecasting volumes, values.(http://www.marketsandmarkets.com/Market-Reports/peracetic-acid-market-1111.html)

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Key Players of Peracetic Acid Market: Solvay Chemicals (Belgium), Evonik Industries (Germany), PeroxyChem (U.S.), Kemira Chemicals (Finland), Ecolab (U.S.), Enviro Tech Chemical Services (U.S.), and Aditya Birla Chemicals (India).

The report "Peracetic Acid Market by Type (Disinfectant, Sanitizer, Sterilant, & Others), by Application (Healthcare, Food, Water Treatment, Pulp & Paper, & Others), by Geography (North America, Europe, Asia-Pacific, & ROW) - Global Trends & Forecasts to 2018". Peracetic Acid Market is projected to reach a market size of 229.54 kilotons by 2019, signifying a robust growth rate of over 6.2% during the period of study.

Browse 83 market data tables and 33 figures spread through 221 Slides and in-depth TOC on "Peracetic Acid Market".
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The global peracetic acid market is rapidly growing and is expected to exhibit an intense growth in the future due to the increased demand from the end-user industry. Recently, PeroxyChem (U.S.) acquired the business division peroxygens of FMC Corporation (U.S.). The company entered in the peracetic acid market, banking on the opportunity of the increasing end-user demand. In the Asia-Pacific region, Aditya Birla Chemicals (India) and Mitsubishi Gas Chemicals (Japan) are the active players. Solvay Chemicals (Belgium) has established a local subsidiary in Thailand to strengthen its global business developments. They are targeting the emerging markets in the developing countries. This is done to engage in sales and market development of the Solvay Chemicals in the Asia-Pacific region.

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R&D will be a key part of the peracetic acid market as the newer applications, such as agricultural premises, wineries, breweries, and laundry can be the vital drivers of the overall market. The manufacturing companies, research associations, and end-product manufacturers need to infuse high investments for future advancements and technology modifications of peracetic acid to match the new demands from various end-user industries.

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Europe is the largest region, both in terms of volume and value, followed by North America and Asia-Pacific. India, China, Brazil, and Russia are expected to persist as successful markets. The key players in the global peracetic acid market include Solvay Chemicals (Belgium), Evonik Industries (Germany), PeroxyChem (U.S.), Kemira Chemicals (Finland), Ecolab (U.S.), Enviro Tech Chemical Services (U.S.), and Aditya Birla Chemicals (India).

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The rising demand for peracetic acid in the Asia-Pacific region is projecting high growth in this market. So, several companies are expected to enter in this market. The players will employ organic growth strategies, such as geographic expansion, joint venture, and acquisition to expand their overall business globally. The leading companies operating in this market are engaged in bringing innovations in their products as well as enhancing their penetration in the emerging markets. They are constantly making efforts to strengthen their material research and development to provide cost-effective products. These products are manufactured adhering to the regulations set by environmental organizations and respective governments. All such developments will lead to sustainable growth in the peracetic acid market in the next five years.

The global peracetic acid market was estimated to be $448.36 Million in 2013, and is projected to reach $664.24 Million by 2018, growing at a CAGR of 8.2% during the period under review. The high demand across the industries, such as healthcare, food, water treatment and others will increase the overall peracetic acid consumption.

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