Peracetic Acid Market Report 2026

The peracetic acid market size has grown strongly in recent years. It will grow from $1.23 billion in 2025 to $1.35 billion in 2026 at a compound annual growth rate (CAGR) of 9.6%. The growth in the historic period can be attributed to hospital infection control demand, pulp and paper bleaching usage, food processing sanitation needs, availability of hydrogen peroxide, regulatory approval for disinfectants.

The peracetic acid market size is expected to see strong growth in the next few years. It will grow to $1.94 billion in 2030 at a compound annual growth rate (CAGR) of 9.4%. The growth in the forecast period can be attributed to water reuse investments, stricter hygiene regulations, growth in healthcare infrastructure, food export safety standards, eco friendly sanitizer adoption. Major trends in the forecast period include rising demand for high efficacy disinfectants, growing adoption in food safety applications, increased use in water treatment processes, expansion of healthcare sterilization needs, shift toward environmentally degradable oxidizers.

The rising demand for safe drinking water is expected to drive the growth of the peracetic acid market going forward. Increasing population, urbanization, industrialization, growing agricultural needs, and the effects of climate change on water resources are intensifying competition for limited freshwater supplies. Peracetic acid plays a crucial role in providing safe drinking water by effectively disinfecting pathogens without generating harmful residues or byproducts, ensuring both water safety and environmental sustainability. For example, in August 2025, according to a report by the United Nations International Children’s Emergency Fund (UNICEF), a US-based UN agency, approximately 2.1 billion people worldwide lacked access to safely managed drinking water services as of 2024. Therefore, the growing need for safe drinking water is fueling the expansion of the peracetic acid market.

Major companies in the peracetic acid market are concentrating on developing innovative products like recirculating aquaculture systems (RAS) and biocides to boost productivity. Recirculating aquaculture systems represent a sustainable fish farming approach that recycles water to maintain optimal quality while minimizing environmental impact, enabling high-density fish farming and promoting water conservation. Biocides are chemical agents used to eliminate or control harmful organisms such as bacteria, fungi, viruses, and pests across various applications, including disinfection, pest management, and water treatment. For example, in May 2023, Evonik introduced VIGOROX Trident, designed to effectively reduce fish pathogens in recirculating aquaculture systems and ponds, even in the presence of fish. The primary objective is to provide an effective solution for managing water quality and minimizing waterborne fish pathogens in aquaculture.

In January 2024, Evonik Industries AG, a chemical company based in Germany, acquired Thai Peroxide Co. Ltd. for an undisclosed sum. This acquisition is intended to bolster Evonik's hydrogen peroxide and peracetic acid specialties business in the rapidly expanding Asia Pacific region, enhancing its ability to provide customized solutions for a variety of industrial applications. Thai Peroxide Co. Ltd. is a chemical manufacturing company located in Thailand, specializing in the production of hydrogen peroxide and peracetic acid.

Major companies operating in the peracetic acid market are Evonik Industries AG, Solvay S.A., Arkema S.A., Mitsubishi Gas Chemical Co., Inc., FMC Corporation, Kemira Oyj, Nouryon, BASF SE, LANXESS AG, OCI N.V., ADEKA Corporation, Daicel Corporation, STERIS plc, Christeyns NV, Promox S.p.A., Seeler Industries Inc., Airedale Chemical Company, Chemtex Speciality Ltd., Acuro Organics Limited, Evans Chem India Pvt. Ltd.

North America was the largest region in the peracetic acid market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the peracetic acid market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the peracetic acid market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The peracetic acid market consists of sales of water treatment chemicals, industrial cleaners, antimicrobial surface sprays, pulp and paper bleaching agents. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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