According to a recent market research report released by Transparency Market Research, the global peracetic acid market is estimated to expand at a CAGR of 7.3% during the period between 2014 and 2020. The report, titled “Peracetic Acid Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”, projects the global peracetic acid market to reach a valuation of US$652.9 mn by 2020. The overall market was worth US$398.7 mn in 2013.
Disinfectant and oxidizing properties makes peracetic acid an important chemical for the paper and pulp bleaching industry. However, the applications of this colorless organic compound expands beyond the bleaching industry as it can also act as microbial agent for the medical, household care such as sanitizers, and water treatment. Additionally, horticultural and agricultural sectors are utilizing peracetic acid as a biocide. All these end users put together, the global peracetic acid market ... Read more