Peracetic Acid (PAA) Market to Grow at CAGR of %% through 2023 by Planet Market Reports
Peracetic Acid PAA Consumption Market | Forecast 2018-2023
In this report, Planet Market Reports covers the present scenario with the base year being 2017 and the growth prospects of global Peracetic Acid PAA market for 2018-2023.
Peracetic acid also known as peroxyacetic acid, or PAA , is an organic compound. It is a clear colorless liquid with a characteristic pungent odor reminiscent of household vinegar. All commercially available PAA products contain equilibrium of PAA, hydrogen peroxide, acetic acid, and water. Its formula is CH3CO3H.
Leading players in peracetic acid industry are PeroxyChem and is the largest manufacturer, with the sales market share of 24.45% in 2016. The top three companies occupied about 54.83% consumption share of the market in 2016.
In the U.S., demand for food & beverages were the highest in 2016, and this trend is expected to continue over the forecast period. Key applications of peracetic acid are food & beverages and water treatment. PAA finds widespread applications in water treatment. It does not decompose into environmentally harmful by products thus is being favored by government agencies such as EPA.
Over the next five years, Planet Market Reports projects that Peracetic Acid PAA will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Peracetic Acid PAA market by product type, application, key manufacturers and key regions.
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To calculate the market size, Planet Market Reports considers value and volume generated from the sales of the following segments:
Segmentation by product type:
5%-15% PAA
Less than 5% PAA
Above 15% PAA
Segmentation by application:
Food & Beverages
Water Treatment
Healthcare
Pulp & Paper
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
PeroxyChem
Solvay
Evonik
Kemira
Enviro Tech Chemical
BioSafe Systems
Biosan
Shepard Bros
Mitsubishi Gas Chemical
Habo
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Peracetic Acid PAA consumption value & volume by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Peracetic Acid PAA market by identifying its various subsegments.
Focuses on the key global Peracetic Acid PAA manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Peracetic Acid PAA with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks .
To project the consumption of Peracetic Acid PAA submarkets, with respect to key regions along with their respective key countries .
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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