Peracetic Acid Market Size to Reach USD 1,899+ Million by 2033 – Rise with Steller CAGR 7.9%
The Global Peracetic Acid Market was valued at USD 905 million in 2022 and is projected to reach USD 1,899 million by 2032. Between 2023 and 2032, the market is estimated to register the highest Compound Annual Growth Rate (CAGR) of 7.9%. Peracetic acid, a highly acidic liquid chemical, is produced using acetic acid and hydrogen peroxide. It ranks among the most effective agents after ozone and finds extensive use across various industries, particularly in food, for equipment cleaning and sterilizing applications. Also known as peroxyacetic acid, peracetic acid is a colorless liquid with a distinct pungent odor similar to…
- Date: April 25, 2024
- Author: Thomas Bretz
- Category: PharmiWeb