Global Peracetic Acid Market 2017-2021: Increasing Demand for Wastewater Treatment - Research and Markets

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24 Apr, 2017, 17:15 GMT

DUBLIN, Apr. 24, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Peracetic Acid Market 2017-2021" report to their offering.

The global peracetic acid market to grow at a CAGR of 7.83% during the period 2017-2021.

Global Peracetic Acid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

The latest trend gaining momentum in the market is government regulation in developing countries. PAA is often expensive than halogen-based chemicals. As a result, emerging countries, particularly in Southeast Asia, Africa, and South America, still rely on cheaper alternatives for disinfection, sanitization, and bleaching. In contrast, developed countries such as America, Canada, and Australia have strict regulations on the use of halogen-based chemicals. These nations advocate the use of greener chemicals such as hydrogen peroxide and PAA.

According to the report, one of the major drivers for this market is increasing demand for wastewater treatment. Rising demand for safe and clean water for households and industrial applications will play a pivotal role in the development of the water treatment segment in the market during the forecast period. PAA is applied to prevent biofilm creation in paper and pulp industries and act as a disinfection for medical supplies. It is also useful as a disinfectant during water purification. PAA is used for cooling tower water disinfection. It effectively prevents the formation of biofilm and controls Legionella bacteria.

Market Dynamics

Market drivers

  • Increasing demand for wastewater treatment
  • Growing demand for PAA in APAC
  • Application of disinfectants in healthcare sector
  • Strict regulations on use of chlorine-based chemicals
  • Downtrend in crude oil prices

Market challenges

  • Rising health concerns due to extensive use of PAA
  • Volatility in raw material prices
  • Increasing demand for UV-disinfection
  • Protectionism and trade barriers

Market trends

  • Government regulation in developing countries
  • Penetration into niche markets
  • Availability of reagents
  • Popularity of on-site PAA generation equipment
  • Growth in demand from food and beverage processing industry

Key vendors

  • Ecolab
  • Evonik
  • Kemira
  • Mitsubishi Gas Chemical Company
  • Solvay

Other prominent vendors

  • Aditya Birla Chemicals
  • Christeyns
  • Enviro Tech Chemical Services
  • Shandong Huatai Interox Chemical
  • Sigma-Aldrich 

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by application

Part 07: Market segmentation by end-user

Part 08: Geographical segmentation

Part 09: Market drivers

Part 10: Impact of drivers

Part 11: Market challenges

Part 12: Impact of drivers and challenges

Part 13: Market trends

Part 14: Vendor landscape

Part 15: Key vendor analysis

Part 16: Appendix

Part 17: About the Author

For more information about this report visit http://www.researchandmarkets.com/research/hnlhtl/global_peracetic

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