From GlobeNewswire: 2025-06-03 09:30:00

The Peracetic Acid Market was valued at USD 1.00 billion in 2024 and is projected to reach USD 1.72 billion by 2032, with a CAGR of 6.96% from 2025 to 2032. Its growth is fueled by the demand for efficient antimicrobial agents post-pandemic, with industries seeking safe and environmentally friendly disinfectants. Peracetic acid is a great alternative to chlorine-based disinfectants due to its harmless decomposition process. The market is driven by stringent government regulations on food safety, hospital disinfection, and wastewater treatment.

The 5%-15% grade of peracetic acid held the largest market share in 2024, around 45%, due to its efficacy, safety, and versatility in various industrial and commercial applications. In terms of application, disinfectant held the largest share, around 32%, in 2024, making it ideal for high-risk sectors like food processing and healthcare. The healthcare segment led in end-use industries, around 28% in 2024, due to the importance of effective sterilization and disinfection solutions in medical settings.

Europe dominated the market in 2024, holding around 40% market share, driven by strict environmental regulations and the push for sustainability. Recent developments include Solvay SA expanding its production facility, Evonik Industries introducing a high-stability formulation, and Enviro Tech Chemical Services launching a sustainable production initiative. SNS Insider is a leading market research and consulting agency, providing clients with up-to-date market data, consumer insights, and opinions to make informed decisions.



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