Transparency Market Research (http://www.transparencymarketresearch.com) includes new market research report "Peracetic Acid (PAA) Market" to its huge collection of research reports.

Albany, NY -- (SBWire) -- 11/11/2014 --Peracetic acid (PAA) is derivative of acetic acid and also known as peroxy acetic acid. It is a colorless, highly corrosive liquid. It is manufactured using mixture of hydrogen peroxide and acetic acid. Peracetic acid is usually used in various products with 5%-35 % of concentration. It is excellent an oxidizing agent that is easily soluble in water and does not form environmentally hazardous byproducts.

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PAA formulations and products are registered with the U. S. Environment Protection Agency as sterilant and with the U.S. Food and Drug Administration as antimicrobial agent. Peracetic acid can be classified based on types such as disinfectants, sterilants, sanitizers and others. The applications of peracetic acid include food processing, industrial cleaning, healthcare, beverage processing, personal care, plastics, water treatment, environmental remediation and pulp & paper treatment.

Growing demand for peracetic acid from food processing and beverage industries is expected to drive the market. Peracetic acid is a registered chemical with the U.S. Food and Drug Administration as antimicrobial and can be used to protect food for longer time. It is being widely used in preserving red meat and poultry in developed countries. Growing applications of peracetic acid in beverages processing is also contributing to the global demand of peracetic acid market. In addition, growing demand for peracetic acid in disinfectants that are used in industrial cleaning, healthcare and personal care end-user applications is expected to boost the peracetic acid market.

Disinfectants market for peracetic acid includes fumigation, bulk products, irrigation, cooling water systems, food washing and equipment sanitizing. Further, rising waste water treatment application for peracetic acid is expected to drive the market growth. Peracetic acid is oxidizing agent and it is gaining demand from oil well manufacturers to control sessile bacteria and planktonic growth. For example, in the U.S. shale gas producers in Texas and Mexico are incorporating peracetic acid in chemical treatment plants.

However, high cost of application development and demand for raw materials from other applications are expected to hamper the peracetic acid market growth.

Research and development activities are expected to provide new opportunities for the players in this market. With R & D activities, newer applications are being developed in agriculture, breweries, and cleaning applications. Research associations, end product manufacturers, and peracetic acid manufacturers will need to invest heavily in technological advancement and upgrading technologies to develop new applications.

Europe was largest market for peracetic acid in terms of volume and revenue, owing to demand from various end user industries. Growing demand for peracetic acid in end user applications is expected to drive the market in this region. Europe was followed by North America region in terms of consumption. However, the peracetic acid market in Europe and North America are matured. Asia Pacific was the third largest consumer of peracetic acid with China having largest regional share. This region is expected to grow at higher pace due to growing demand in emerging markets like China and India. Rest of the World had small share in global peracetic acid market however it is expected to grow at higher growth rate as compared to matured markets.

The companies have adopted expansions and acquisitions strategies to enter in the peracetic acid market. For example, PeroxyChem Ltd. acquired FMC Corporation’s peroxygen business segment to enter the market. Key players in this market include Evonik Industries, Aditya Birla Chemicals Ltd., Lenntech BV, PeroxyChem Ltd., Solvay Chemicals, Kemira Chemicals and Enviro Tech Chemical Services among others.

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends.

Geographies analyzed under this research report include:

- North America
- Asia Pacific
- Europe
- Rest of the World

This report provides comprehensive analysis of:

- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

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