Peroxyacetic Acid Market Key Players:
Peroxyacetic Acid Market Key Players in this included are: Solvay Chemicals, Evonik Industries, Ecolab, Aditya Birla Chemicals, Promox S.P.A, Christeyns, Enviro Tech Chemical Services, Peroxychem, Seitz Gmbh and others.
Peroxyacetic Acid Market Segmentation:
By Types: Disinfectant, Sanitizer and Sterilant
By Application: Food, Healthcare, Water Treatment, Pulp & Paper and Others (Agriculture and Laundry)
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Peroxyacetic Acid Market Highlights:
Peroxyacetic Acid Market is expected to touch USD 1,092.5 Million by the end of forecasted year with a CAGR of 7.11%.
Peroxyacetic Acid Market has been evaluated as growing market and expected that the market will touch high growth figures. In last decade the global peroxyacetic acid manufacturers have found wide range of applications in peroxyacetic acid. This has shifted the momentum of the peroxyacetic acid market there by boosting the revenues with the growth rate of over 7.11% per year.
Peroxyacetic Acid Market Dynamics:
Peroxyacetic Acid Market is a very dynamic market and is expected to witness a high growth in coming five years. The demand of peroxyacetic acid is poised to be driven by growing food demand, rising population and rising preference for clean water. Furthermore, increasing demand for packaged food has also propelled the demand of peroxyacetic acid. Moreover, citing the demand and potentials of peroxyacetic acid, the governments of various countries are also providing funds and grants for developing new and advanced technology for peroxyacetic acid. However, fluctuating raw material prices and lack of product knowledge are some factors which can hinder the growth of the market up to some extent.
Peroxyacetic Acid Market Key Findings:
Peroxyacetic Acid Market and is expected to reach USD 1,092.5 Mn by 2027
Disinfectant accounted for the largest market share registering CAGR of 8.37% during the forecast period
Regionally, Europe holds the largest market share 29%% of global peroxyacetic acid market and is expected to reach USD 325.1 Mn by 2027 from USD 135.5 Mn in 2015
Asia Pacific market is expected to be the fastest growing market, and expected to grow at a CAGR of 8.02% from 2016 to 2027
On the basis of applications, food segment holds 27% market share
Peroxyacetic Acid Market Table of Content to be Continue…….,
Complete List of Tables and Figures @ https://www.marketresearchfuture.com/reports/peroxyacetic-acid-market-708
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