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Peracetic Acid Market - Positive Long-Term Growth Outlook 2025

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. The Global Peracetic Acid Market is expected to reach USD 1.22 billion by 2025, according to a new report by Grand View Research, Inc. 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. To K...