chemical · Uncategorized

North America Peroxyacetic Acid Market to Expand with Significant Growth 6.81% of CAGR Globally by 2027

In the global peroxyacetic acid market, North America is the second largest region in terms of value with a market share of 26%. North America market for peroxyacetic is a matured market where the market is growing steadily due to the established economy such as US and Canada. North America peroxyacetic market has seen a potential growth over the past few years. The major factors that have fuelled the demand are growing preference of preservative food, increasing demand of hygienic food, growing demand for purified water and ongoing water treatment projects by big giants. Moreover, U.S. Food and Drug Administration (FDA) has approved the usage of peroxyacetic acid as antimicrobial and could be used in food application to protect food for a longer time. However, these driving factors have fuelled the demand of peroxyacetic acid. Hence, the manufacturers have increased the production capacity to meet the current as well as future demand. Several key manufacturers present in North America are PeroxyChem, Solvay, Biosan, Kemira and among others.

 

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North America has covered the market share of around 22% in terms of volume in 2015. This market is expected to grow at a CAGR of 6.81%. Additionally, North America peroxyacetic acid market is a matured market and is predictable to witness a moderate growth in coming five years. The demand of peroxyacetic acid is expected to be determined by growing food demand, rising population and rising preference for clean water. Furthermore, increasing demand for packaged food has also boosted the demand of peroxyacetic acid. However, fluctuating raw material prices and lack of product knowledge are some factors which can hinder the growth of the market up to some extent.

Market Research future through this report aims to provide understanding of the North America peroxyacetic acid market and also assists identification of ongoing trends along with anticipated growth during the forecasted period. For this report, extensive primary research was conducted to gain a deeper insight of the market performance. Various industry experts and Key Opinion Leaders (KOLs) were contacted and interviewed to get an idea of North America market.

 

List of Tables

Table 1         North America peroxyacetic acid market, by country (usd million)

Table 2         North America peroxyacetic acid market, by country (kt)

Table 3         North America peroxyacetic acid market, by type (million usd)

Table 4         North America peroxyacetic acid market, by type (kt)

Table 5         North America peroxyacetic acid market, by application (million usd)

Table 6         North America peroxyacetic acid market, by application (kt)

Table 7         United States: peroxyacetic acid market, by type (usd million)

Table 8         United States: peroxyacetic acid market, by type (kt)

Table 9         United States: peroxyacetic acid market, by application (usd million)

Table 10       United States: peroxyacetic acid market, by application (kt)

Table 11       Canada: peroxyacetic acid market, by type (usd million)

Table 12       Canada: peroxyacetic acid market, by type (kt)

Table 13       Canada: peroxyacetic acid market, by application (usd million)

Table 14       Canada: peroxyacetic acid market, by application (kt)

 

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List of figures

Figure 1       North America market share for peroxyacetic acid, by country in 2015 (% share)

Figure 2       North America peroxyacetic acid market, 2015 (usd million)

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

 

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We are thankful for the support and assistance from North America Peroxyacetic Acid Market – Forecast to 2027 chain related technical experts and marketing experts during Research Team survey and interviews.

 

Media Contact:

Akash Anand,

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India

+1 646 845 9312

Email: akash.anand@marketresearchfuture.com

 

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