Peracetic Acid Companies

In terms of value, the peracetic acid market is estimated to grow from USD 1.11 billion in 2025 to USD 1.67 billion by 2030, at a CAGR of 8.5%. The growth of this market is primarily driven by the increasing usage of this compound across multiple industries as disinfectant, sterilant, and sanitizer. In the healthcare industry, peracetic acid is widely used for sterilizing surgical instruments, endoscopes, and other medical devices, with market demand supported by rising surgical procedures and improved healthcare infrastructure, especially in developing regions. The food & beverage industry is another application area, where peracetic acid is widely used as a disinfectant for surfaces, processing equipment, and packaging materials, which helps the manufacturers meet stringent hygiene and food safety regulations. In wastewater treatment, it is used as an effective alternative to chlorine, mostly preferred due to its lower environmental impact and strong performance against a wide range of pathogens.

Rapid urbanization and industrial growth, especially in the Asia-Pacific region, is increasing the demand for advanced and eco-friendly disinfectants like peracetic acid. The agriculture sector is also adopting peracetic acid solutions for irrigation water treatment and post-harvest sanitization. Meanwhile, continuous R&D efforts are focused on improving formulation stability, enhancing antimicrobial performance, and reducing corrosiveness, further increasing its demand in various end-use industries as alternative to various compounds.

Polylactic Acid Companies

The key players profiled in the report include Solvay (Belgium), Evonik Industries AG (Germany), Ecolab Inc. (US), MITSUBISHI GAS CHEMICAL COMPANY, INC. (Japan), Enviro Tech Chemical Services (US), Jubilant Life Sciences (Jubilant Pharmova Limited) (India), National Peroxide Limited (India), Kemira OYJ (Finland), Seeler Industries Inc. (US), Airedale Chemical (UK) and among others. These players have adopted various growth strategies to strengthen their position in the market. These include introducing new technologies, expansions, acquisitions, and product launches to acquire larger market shares.

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Solvay is an advanced materials and specialty chemical company. The Group’s innovative solutions contribute to safer, cleaner, and more sustainable products for homes, food and consumer goods, planes, cars, batteries, smart devices, health care applications, water, and air purification systems. Solvay is a leading manufacturer of peracid acid and has extensive product offerings for food processing, food packaging, and water treatment applications. The company offers high-quality peracetic acid solutions under the brands PROXITANE, OXYKIL, AQUALISAN, and OXYSTRONG. It manages operations through three business segments: Materials, Chemicals, and Solutions.

Evonik Industries AG is a global leader manufacturing specialty chemicals. It has brought innovative, profitable, yet sustainable solutions to the specialty chemicals industry. The company serves the health, consumer, and real estate markets globally. It operates through five business segments: Specialty Additives, Nutrition & Care, Smart Materials, Performance Materials, and Technology & Infrastructure. It manufactures peracetic acid-based products used in the food & beverage industry for aseptic packaging (PET), in laundries and animal healthcare as an anti-slime agent, for wastewater treatment, and as a sterilant in medical applications.

The market for peracetic acid is competitive, with the major five players collectively accounting for approximately 35–40% of the total market share. Mitsubishi Gas Chemical Company leads the market, supported by its large product portfolio and strong presence across diverse applications. Evonik Industries AG holds a significant position owing to its global supply capabilities and strategic focus on the production and distribution of high purity peracetic acid. Solvay continues to strengthen its market footprint through various initiatives and strategic collaborations aimed at enhancing its product reach. Ecolab Inc. and Kemira OYJ also maintain competitive positions, leveraging their technological advancements in peracetic acid formulations to cater to demand from water treatment, food processing, and healthcare industries. The remaining 60–65% of the market consists largely of regional SMEs, which serve localized demand across applications. Competitive intensity in the market is shaped by ongoing R&D in environmentally friendly and high-performance formulations, as well as increasing demand for sustainable, non-chlorinated biocides. Additionally, the rising adoption of peracetic acid across multiple end-use industries is expected to further intensify market dynamics over the coming years.

Related Reports:

Peracetic acid Market by Grade (<5% Grade, 5–15% Grade, >15% Grade), Application (Disinfectant, Sterilant, Sanitizer), End-use Industry [Healthcare, Food & Beverage, Water Treatment, Pulp & Paper, Other End-use Industries (Agriculture, Wineries, Breweries, Laundry)], and Region - Global Forecast to 2030