Disinfectant is projected to be the fastest-growing application of peracetic acid. A key factor for the growth of this segment is the high demand for peracetic acid-based disinfectant in the food & beverage, healthcare, wastewater treatment, and pulp & paper industries. Peracetic acid is largely used in the disinfection of medical supplies in the healthcare industry. In the pulp & paper industry, it is used to prevent biofilm formation. Peracetic acid-based disinfectant is also used in the water treatment industry to treat wastewater and sewage water. It is projected to have a high demand in the water treatment industry and is mostly used for purification and disinfection of water treatment systems.
The wastewater treatment end-use industry in on the upsurge and is expected to register a high growth rate in the next five years. The growing and developing economies of APAC, such as China and India, with their infrastructural and technological development in the end-use industries, are expected to increase the demand for disinfectants. With the upsurge in the use of peracetic acid-based disinfectants in applications, such as water treatment, food & beverage, and healthcare, the market is expected to grow in the future.
Major players operating in the peracetic acid market are Evonik Industries AG (Germany), Solvay SA (Belgium), Mitsubishi Gas Chemical Company (Japan), Ecolab Inc. (US), Enviro Tech Chemical Services (US), Kemira Ojy (Finland), Christeyns (Belgium), SEITZ GmBH (Germany), Jubilant Life Sciences (India), and Sopura (Belgium).
