The global Peracetic Acid (PAA) market size was US$ 862 million in 2024 and is forecast to a readjusted size of US$ 1348 million by 2031 with a CAGR of 6.7% during the forecast period 2025-2031.
Peracetic acid (also known as peroxyacetic acid, or PAA), is an organic compound. It is a clear colorless liquid with a characteristic pungent odor reminiscent of household vinegar. All commercially available PAA products contain equilibrium of PAA, hydrogen peroxide, acetic acid, and water. Its formula is CH3CO3H.
The rising global focus on hygiene, particularly after the COVID-19 pandemic, has driven the demand for disinfectants. Peracetic acid's strong antimicrobial properties make it a preferred choice in sectors like healthcare, food processing, and water treatment.
Compared to chlorine-based disinfectants and other traditional chemicals, peracetic acid breaks down into acetic acid and water, making it an environmentally friendly option. This aligns with increasing regulatory pressure for more sustainable and eco-friendly chemicals in various industries.
Peracetic acid is widely used in the food industry for sanitizing equipment, processing lines, and even for treating water used in food production. As consumer awareness of food safety and hygiene increases, the demand for effective sanitization methods like peracetic acid grows.
Market Challenges:
Regulatory Challenges: Stringent regulations in some countries regarding the use of disinfectants and sanitizers may limit the growth of the peracetic acid market. Compliance with varying global regulations and standards adds complexity to the production and distribution of peracetic acid.
Alternatives and Substitutes: The availability of alternative disinfectants and sanitizers, such as chlorine dioxide, ozone, and quaternary ammonium compounds, presents a challenge to the widespread adoption of peracetic acid. The cost-effectiveness and user-friendliness of these alternatives may pose competition to peracetic acid in certain applications.
The global Peracetic Acid (PAA) market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on sales, revenue, and forecasts across regions, by Type, and by Application for 2020-2031.
Market Segmentation
By Company:
Evonik
Solvay
Mitsubishi Gas Chemical
Kemira
Enviro Tech Chemical Services
STOCKMEIER Chemie Eilenburg
Daicel
Novadan
PROMOX
Biosan
National Peroxide Limited
Tanfac Industries Limited
Henan Huize Biochemical
By Type: (Dominant Segment vs High-Margin Innovation)
5%-15% PAA
Less than 5%PAA
Above 15% PAA
By Application: (Core Demand Driver vs Emerging Opportunity)
Food and Beverages
Water Treatment
Healthcare
Pulp and Paper
Others
By Region
Macro-Regional Analysis: Market Size & Growth Forecasts
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Micro-Local Market Deep Dive: Strategic Insights
- Competitive Landscape: Player dominance vs. disruptors (e.g., Evonik in Europe)
- Emerging Product Trends: 5%-15% PAA adoption vs. Less than 5%PAA premiumization
- Demand-Side Dynamics: Food and Beverages growth in China vs. Water Treatment potential in North America
- Localized Consumer Needs: Regulatory hurdles in EU vs. price sensitivity in India
Focus Markets:
North America
Europe
China
Japan
Chapter Outline
Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term).
Chapter 2: Quantitative analysis of Peracetic Acid (PAA) market size and growth potential at global, regional, and country levels.
Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus).
Chapter 4: Type-based segmentation analysis – Uncovering blue ocean markets (e.g., Less than 5%PAA in China).
Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities (e.g., Water Treatment in India).
Chapter 6: Regional sales and revenue breakdown by company, type, application and customer.
Chapter 7: Key manufacturer profiles – Financials, product portfolios, and strategic developments.
Chapter 8: Market dynamics – Drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 9: Actionable conclusions and strategic recommendations.
Why This Report?
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Peracetic Acid (PAA) value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Market Overview
1.1 Peracetic Acid (PAA) Product Scope
1.2 Peracetic Acid (PAA) by Type
1.2.1 Global Peracetic Acid (PAA) Sales by Type (2020 & 2024 & 2031)
1.2.2 5%-15% PAA
1.2.3 Less than 5%PAA
1.2.4 Above 15% PAA
1.3 Peracetic Acid (PAA) by Application
1.3.1 Global Peracetic Acid (PAA) Sales Comparison by Application (2020 & 2024 & 2031)
1.3.2 Food and Beverages
1.3.3 Water Treatment
1.3.4 Healthcare
1.3.5 Pulp and Paper
1.3.6 Others
1.4 Global Peracetic Acid (PAA) Market Estimates and Forecasts (2020-2031)
1.4.1 Global Peracetic Acid (PAA) Market Size in Value Growth Rate (2020-2031)
1.4.2 Global Peracetic Acid (PAA) Market Size in Volume Growth Rate (2020-2031)
1.4.3 Global Peracetic Acid (PAA) Price Trends (2020-2031)
1.5 Assumptions and Limitations
2 Market Size and Prospective by Region
2.1 Global Peracetic Acid (PAA) Market Size by Region: 2020 VS 2024 VS 2031
2.2 Global Peracetic Acid (PAA) Retrospective Market Scenario by Region (2020-2025)
2.2.1 Global Peracetic Acid (PAA) Sales Market Share by Region (2020-2025)
2.2.2 Global Peracetic Acid (PAA) Revenue Market Share by Region (2020-2025)
2.3 Global Peracetic Acid (PAA) Market Estimates and Forecasts by Region (2026-2031)
2.3.1 Global Peracetic Acid (PAA) Sales Estimates and Forecasts by Region (2026-2031)
2.3.2 Global Peracetic Acid (PAA) Revenue Forecast by Region (2026-2031)
2.4 Major Region and Emerging Market Analysis
2.4.1 North America Peracetic Acid (PAA) Market Size and Prospective (2020-2031)
2.4.2 Europe Peracetic Acid (PAA) Market Size and Prospective (2020-2031)
2.4.3 China Peracetic Acid (PAA) Market Size and Prospective (2020-2031)
2.4.4 Japan Peracetic Acid (PAA) Market Size and Prospective (2020-2031)
3 Global Market Size by Type
3.1 Global Peracetic Acid (PAA) Historic Market Review by Type (2020-2025)
3.1.1 Global Peracetic Acid (PAA) Sales by Type (2020-2025)
3.1.2 Global Peracetic Acid (PAA) Revenue by Type (2020-2025)
3.1.3 Global Peracetic Acid (PAA) Price by Type (2020-2025)
3.2 Global Peracetic Acid (PAA) Market Estimates and Forecasts by Type (2026-2031)
3.2.1 Global Peracetic Acid (PAA) Sales Forecast by Type (2026-2031)
3.2.2 Global Peracetic Acid (PAA) Revenue Forecast by Type (2026-2031)
3.2.3 Global Peracetic Acid (PAA) Price Forecast by Type (2026-2031)
3.3 Different Types Peracetic Acid (PAA) Representative Players
4 Global Market Size by Application
4.1 Global Peracetic Acid (PAA) Historic Market Review by Application (2020-2025)
4.1.1 Global Peracetic Acid (PAA) Sales by Application (2020-2025)
4.1.2 Global Peracetic Acid (PAA) Revenue by Application (2020-2025)
4.1.3 Global Peracetic Acid (PAA) Price by Application (2020-2025)
4.2 Global Peracetic Acid (PAA) Market Estimates and Forecasts by Application (2026-2031)
4.2.1 Global Peracetic Acid (PAA) Sales Forecast by Application (2026-2031)
4.2.2 Global Peracetic Acid (PAA) Revenue Forecast by Application (2026-2031)
4.2.3 Global Peracetic Acid (PAA) Price Forecast by Application (2026-2031)
4.3 New Sources of Growth in Peracetic Acid (PAA) Application
5 Competition Landscape by Players
5.1 Global Peracetic Acid (PAA) Sales by Players (2020-2025)
5.2 Global Top Peracetic Acid (PAA) Players by Revenue (2020-2025)
5.3 Global Peracetic Acid (PAA) Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Peracetic Acid (PAA) as of 2024)
5.4 Global Peracetic Acid (PAA) Average Price by Company (2020-2025)
5.5 Global Key Manufacturers of Peracetic Acid (PAA), Manufacturing Sites & Headquarters
5.6 Global Key Manufacturers of Peracetic Acid (PAA), Product Type & Application
5.7 Global Key Manufacturers of Peracetic Acid (PAA), Date of Enter into This Industry
5.8 Manufacturers Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 North America Market: Players, Segments, Downstream and Major Customers
6.1.1 North America Peracetic Acid (PAA) Sales by Company
6.1.1.1 North America Peracetic Acid (PAA) Sales by Company (2020-2025)
6.1.1.2 North America Peracetic Acid (PAA) Revenue by Company (2020-2025)
6.1.2 North America Peracetic Acid (PAA) Sales Breakdown by Type (2020-2025)
6.1.3 North America Peracetic Acid (PAA) Sales Breakdown by Application (2020-2025)
6.1.4 North America Peracetic Acid (PAA) Major Customer
6.1.5 North America Market Trend and Opportunities
6.2 Europe Market: Players, Segments, Downstream and Major Customers
6.2.1 Europe Peracetic Acid (PAA) Sales by Company
6.2.1.1 Europe Peracetic Acid (PAA) Sales by Company (2020-2025)
6.2.1.2 Europe Peracetic Acid (PAA) Revenue by Company (2020-2025)
6.2.2 Europe Peracetic Acid (PAA) Sales Breakdown by Type (2020-2025)
6.2.3 Europe Peracetic Acid (PAA) Sales Breakdown by Application (2020-2025)
6.2.4 Europe Peracetic Acid (PAA) Major Customer
6.2.5 Europe Market Trend and Opportunities
6.3 China Market: Players, Segments, Downstream and Major Customers
6.3.1 China Peracetic Acid (PAA) Sales by Company
6.3.1.1 China Peracetic Acid (PAA) Sales by Company (2020-2025)
6.3.1.2 China Peracetic Acid (PAA) Revenue by Company (2020-2025)
6.3.2 China Peracetic Acid (PAA) Sales Breakdown by Type (2020-2025)
6.3.3 China Peracetic Acid (PAA) Sales Breakdown by Application (2020-2025)
6.3.4 China Peracetic Acid (PAA) Major Customer
6.3.5 China Market Trend and Opportunities
6.4 Japan Market: Players, Segments, Downstream and Major Customers
6.4.1 Japan Peracetic Acid (PAA) Sales by Company
6.4.1.1 Japan Peracetic Acid (PAA) Sales by Company (2020-2025)
6.4.1.2 Japan Peracetic Acid (PAA) Revenue by Company (2020-2025)
6.4.2 Japan Peracetic Acid (PAA) Sales Breakdown by Type (2020-2025)
6.4.3 Japan Peracetic Acid (PAA) Sales Breakdown by Application (2020-2025)
6.4.4 Japan Peracetic Acid (PAA) Major Customer
6.4.5 Japan Market Trend and Opportunities
7 Company Profiles and Key Figures
7.1 Evonik
7.1.1 Evonik Company Information
7.1.2 Evonik Business Overview
7.1.3 Evonik Peracetic Acid (PAA) Sales, Revenue and Gross Margin (2020-2025)
7.1.4 Evonik Peracetic Acid (PAA) Products Offered
7.1.5 Evonik Recent Development
7.2 Solvay
7.2.1 Solvay Company Information
7.2.2 Solvay Business Overview
7.2.3 Solvay Peracetic Acid (PAA) Sales, Revenue and Gross Margin (2020-2025)
7.2.4 Solvay Peracetic Acid (PAA) Products Offered
7.2.5 Solvay Recent Development
7.3 Mitsubishi Gas Chemical
7.3.1 Mitsubishi Gas Chemical Company Information
7.3.2 Mitsubishi Gas Chemical Business Overview
7.3.3 Mitsubishi Gas Chemical Peracetic Acid (PAA) Sales, Revenue and Gross Margin (2020-2025)
7.3.4 Mitsubishi Gas Chemical Peracetic Acid (PAA) Products Offered
7.3.5 Mitsubishi Gas Chemical Recent Development
7.4 Kemira
7.4.1 Kemira Company Information
7.4.2 Kemira Business Overview
7.4.3 Kemira Peracetic Acid (PAA) Sales, Revenue and Gross Margin (2020-2025)
7.4.4 Kemira Peracetic Acid (PAA) Products Offered
7.4.5 Kemira Recent Development
7.5 Enviro Tech Chemical Services
7.5.1 Enviro Tech Chemical Services Company Information
7.5.2 Enviro Tech Chemical Services Business Overview
7.5.3 Enviro Tech Chemical Services Peracetic Acid (PAA) Sales, Revenue and Gross Margin (2020-2025)
7.5.4 Enviro Tech Chemical Services Peracetic Acid (PAA) Products Offered
7.5.5 Enviro Tech Chemical Services Recent Development
7.6 STOCKMEIER Chemie Eilenburg
7.6.1 STOCKMEIER Chemie Eilenburg Company Information
7.6.2 STOCKMEIER Chemie Eilenburg Business Overview
7.6.3 STOCKMEIER Chemie Eilenburg Peracetic Acid (PAA) Sales, Revenue and Gross Margin (2020-2025)
7.6.4 STOCKMEIER Chemie Eilenburg Peracetic Acid (PAA) Products Offered
7.6.5 STOCKMEIER Chemie Eilenburg Recent Development
7.7 Daicel
7.7.1 Daicel Company Information
7.7.2 Daicel Business Overview
7.7.3 Daicel Peracetic Acid (PAA) Sales, Revenue and Gross Margin (2020-2025)
7.7.4 Daicel Peracetic Acid (PAA) Products Offered
7.7.5 Daicel Recent Development
7.8 Novadan
7.8.1 Novadan Company Information
7.8.2 Novadan Business Overview
7.8.3 Novadan Peracetic Acid (PAA) Sales, Revenue and Gross Margin (2020-2025)
7.8.4 Novadan Peracetic Acid (PAA) Products Offered
7.8.5 Novadan Recent Development
7.9 PROMOX
7.9.1 PROMOX Company Information
7.9.2 PROMOX Business Overview
7.9.3 PROMOX Peracetic Acid (PAA) Sales, Revenue and Gross Margin (2020-2025)
7.9.4 PROMOX Peracetic Acid (PAA) Products Offered
7.9.5 PROMOX Recent Development
7.10 Biosan
7.10.1 Biosan Company Information
7.10.2 Biosan Business Overview
7.10.3 Biosan Peracetic Acid (PAA) Sales, Revenue and Gross Margin (2020-2025)
7.10.4 Biosan Peracetic Acid (PAA) Products Offered
7.10.5 Biosan Recent Development
7.11 National Peroxide Limited
7.11.1 National Peroxide Limited Company Information
7.11.2 National Peroxide Limited Business Overview
7.11.3 National Peroxide Limited Peracetic Acid (PAA) Sales, Revenue and Gross Margin (2020-2025)
7.11.4 National Peroxide Limited Peracetic Acid (PAA) Products Offered
7.11.5 National Peroxide Limited Recent Development
7.12 Tanfac Industries Limited
7.12.1 Tanfac Industries Limited Company Information
7.12.2 Tanfac Industries Limited Business Overview
7.12.3 Tanfac Industries Limited Peracetic Acid (PAA) Sales, Revenue and Gross Margin (2020-2025)
7.12.4 Tanfac Industries Limited Peracetic Acid (PAA) Products Offered
7.12.5 Tanfac Industries Limited Recent Development
7.13 Henan Huize Biochemical
7.13.1 Henan Huize Biochemical Company Information
7.13.2 Henan Huize Biochemical Business Overview
7.13.3 Henan Huize Biochemical Peracetic Acid (PAA) Sales, Revenue and Gross Margin (2020-2025)
7.13.4 Henan Huize Biochemical Peracetic Acid (PAA) Products Offered
7.13.5 Henan Huize Biochemical Recent Development
8 Peracetic Acid (PAA) Manufacturing Cost Analysis
8.1 Peracetic Acid (PAA) Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Peracetic Acid (PAA)
8.4 Peracetic Acid (PAA) Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 Peracetic Acid (PAA) Distributors List
9.3 Peracetic Acid (PAA) Customers
10 Peracetic Acid (PAA) Market Dynamics
10.1 Peracetic Acid (PAA) Industry Trends
10.2 Peracetic Acid (PAA) Market Drivers
10.3 Peracetic Acid (PAA) Market Challenges
10.4 Peracetic Acid (PAA) Market Restraints
11 Research Findings and Conclusion
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.1.1 Research Programs/Design
12.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
12.1.2 Data Source
12.1.2.1 Secondary Sources
12.1.2.2 Primary Sources
12.2 Author Details
12.3 Disclaimer
Evonik
Solvay
Mitsubishi Gas Chemical
Kemira
Enviro Tech Chemical Services
STOCKMEIER Chemie Eilenburg
Daicel
Novadan
PROMOX
Biosan
National Peroxide Limited
Tanfac Industries Limited
Henan Huize Biochemical
Ìý
Ìý
*If Applicable.
