Technavio has been monitoring the peracetic acid (PAA) market and it is poised to grow by USD 320.72 million during 2020-2024, progressing at a CAGR of over 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Peracetic Acid Market 2020-2024 (Graphic: Business Wire)
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This Report Addresses:
The market size from 2020-2024
Expected market growth until 2024
Forecast of how market drivers, restraints, and future opportunities will affect the market dynamics
Segments and regions that will drive or lead market growth and why
Comprehensive mapping of the competitive landscape
In-depth analysis of key sustainability strategies adopted by market players
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Frequently Asked Questions-
What are the major trends in the market?
Growing demand for PAA in APAC is one of the major trends in the market.
At what rate is the market projected to grow?
Growing at a CAGR of over 8%, the incremental growth of the market is anticipated to be USD 320.72 million.
Who are the top players in the market?
Aditya Birla Management Corp. Pvt. Ltd., Christeyns NV, Ecolab Inc., Enviro Tech International Inc., Evonik Industries AG, Kemira Oyj, Merck KGaA, Mitsubishi Chemical Holdings Corp., SEITZ GmbH, and Solvay SA. are some of the major market participants.
What are the key market drivers and challenges?
Increasing demand for wastewater treatment is one of the major factors driving the market. However, the rising health concerns due to extensive use of PAA will restrain market growth.
How big is the North America market?
The North America region will contribute 41% of market growth.
The market is concentrated, and the degree of concentration will accelerate during the forecast period. Aditya Birla Management Corp. Pvt. Ltd., Christeyns NV, Ecolab Inc., Enviro Tech International Inc., Evonik Industries AG, Kemira Oyj, Merck KGaA, Mitsubishi Chemical Holdings Corp., SEITZ GmbH, and Solvay SA are some of the major market participants. The increasing demand for wastewater treatment will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
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Peracetic Acid Market 2020-2024: Segmentation
Peracetic Acid Market is segmented as below:
Food and Beverages
Pulp and Paper
Peracetic Acid Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The peracetic acid market report covers the following areas:
Peracetic Acid Market Size
Peracetic Acid Market Trends
Peracetic Acid Market Analysis
This study identifies growing demand for PAA in APAC as one of the prime reasons driving the peracetic acid market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Peracetic Acid Market 2020-2024: Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist peracetic acid market growth during the next five years
Estimation of the peracetic acid market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the peracetic acid market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of peracetic acid market vendors
Table of Contents:
Value chain analysis
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Five Force Summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by Application
Comparison by Application
Disinfectants - Market size and forecast 2019-2024
Sanitizers - Market size and forecast 2019-2024
Sterilants - Market size and forecast 2019-2024
Others - Market size and forecast 2019-2024
Market opportunity by Application
Market Segmentation by End user
Comparison by End user
Food and beverages - Market size and forecast 2019-2024
Wastewater treatment - Market size and forecast 2019-2024
Pulp and paper - Market size and forecast 2019-2024
Healthcare - Market size and forecast 2019-2024
Oil and gas - Market size and forecast 2019-2024
Others - Market size and forecast 2019-2024
Market opportunity by End user
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
APAC - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Volume driver- Demand led growth
Market positioning of vendors
Aditya Birla Management Corp. Pvt. Ltd.
Enviro Tech International Inc.
Evonik Industries AG
Mitsubishi Chemical Holdings Corp.
Scope of the report
Currency conversion rates for US$
List of abbreviations
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