Peracetic Acid Market Size To Reach $1.4 Billion By 2030

January 2025 | Report Format: Electronic (PDF)

Peracetic Acid Market Growth & Trends

The global peracetic acid market size is estimated to reach USD 1.4 billion by 2030, expanding at a CAGR of 6.2% from 2025 to 2030, according to a new report by Grand View Research, Inc. The effectiveness of peracetic acid as a biocide and versatility of its usage are expected to drive the industry growth.

Peracetic acid is a colorless liquid having strong oxidizing properties. Food & beverages industry faces various issues due to microbial contamination. It is effective in curbing this activity thus finding widespread applications in the industry. Food & beverage industry has witnessed a positive growth in the recent past, and this trend is expected to continue over the forecast period thus benefitting the market demand.

Peracetic acid, unlike chlorine and sodium hypochlorite, does not degrade into environmentally harmful by-products. Also, it possesses more oxidizing potential than other disinfectants. Growing awareness regarding ill effects of chlorine in water treatment has also prompted the use of peracetic acid.

Various government agencies have approved peracetic acid for direct contact usage in food & beverages applications. Also, environmental regulations are also expected to favor the market growth. Companies have been focusing more on high growth markets such as Asia Pacific to establish manufacturing units in the region to increase their presence.

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Peracetic Acid Market Report Highlights

The global peracetic acid market size was estimated at USD 939.3 million in 2024 and is projected to grow at a CAGR of 6.2% from 2025 to 2030.
Water treatment is expected to witness the highest growth over the forecast period. Broad spectrum usage, effectiveness and compatibility with existing water treatment infrastructure are the primarily attributed reasons for this scenario.
Peracetic acid products suiting specific applications have been developed. This increases the effectiveness of the product used in the particular application.
Occupational exposure to peracetic acid is a cause of concern for manufacturers. However, companies are ensuring strict adherence to guidelines such as Globally Harmonized System of Classification and Labeling of Chemicals (GHS)

Disinfectants led the market with the largest revenue share in 2024, owing to the rising need for effective antimicrobial solutions in various sectors, notably healthcare, food processing, and water treatment.
Europe peracetic acid market held substantial market share in 2024, fueled by stringent regulations governing hygiene and safety standards across multiple industries.
Key industry participants include Ecolab, Evonik Industries AG, Evonik Industries and Solvay.Companies have been trying to gain market share by developing innovative product portfolio.

Peracetic Acid Market Segmentation

Grand View Research has segmented the global peracetic acid market based on grade, application, end use, and region:

Peracetic Acid Grade Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

<5% Grade
5%-15% Grade
>15% Grade

Peracetic Acid Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Disinfectant
Sanitizer
Sterilant
Others

Peracetic Acid End Use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Food & Beverage
- Bottling & Beverage
- Fresh Produce
- Meats, Poultry & Seafood
Healthcare
- Medical
- Surgical
- Dental
Pulp & Paper
- Bleaching
- Others
Water Treatment
- Tertiary Disinfectant
- CSO Disinfectant
- Blend Disinfectant
- Others
Others