Peracetic Acid Market Segmentation Analysis, Characteristics, Sizing and Forecast 2025 “Growing prolonged illnesses, extended period of hospitalization, and the initiative taken by the government projected to increase the market above the prediction period.
Global Peracetic Acid Market is expected to grow considerably in the years to come owing to the increase in demand from food and beverage industry majorly. Peracetic acid, also known as Peroxyacetic acid (PAA) is a powerful oxidizing sanitizer. It reacts with several metals and other contact bases like aluminum, tin-plated iron, and stainless steel but galvanized iron, plain steel, copper, bronze, and brass, are prone to corrosion and reaction. Growing applications of peracetic acid in several industries like food and beverage are the major drivers of peracetic acid market. Peracetic acid initially gained popularity from the United States (FDA) Food and Drug Administration as safe chemical and antimicrobial for food preservation. This introduced numerous other application of peracetic acid as microbial disinfectants and food preservatives in the recent years. The acid is extensively used in food industry as preservative for poultry, fisheries and meat items. Additionally, increase in the demand of peracetic acid in several beverages processing is also influencing the growth of peracetic acid industry. However, the conventional applications of the acid in healthcare, personal care, and industrial cleaning disinfectants is growing, which ultimately drives peracetic acid market. Developments in manufacturing technology, innovative techniques for using peracetic acid in wide applications and growing acceptance of bio-based chemicals is expected to introduce new opportunities in peracetic market in the years to come. Conversely, direct exposure of peracetic acid can cause allergy, burns and other hazardous infection to eyes, skin and respiratory organs. If the acid is consumed in high concentrations, the effects could be more dangerous. Altogether, peracetic acid is restricting its approval in household applications, which hampers the growth of peracetic market.
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