Peracetic Acid Pricing Overview
In the fourth quarter of 2023, the price of Peracetic acid in China reached 1820 USD/Ton. In December 2023, the price in Japan was 2,260 USD/Ton. Meanwhile, in Europe, the price for q4 2023 stood at 2350 USD/Ton.
Global Peracetic Acid Import (Kilo tons)
| Region | 2018 | 2023 |
| North America | 26.75 | 36.95 |
| Europe | 28.69 | 39.61 |
| Asia Pacific | 32.50 | 44.58 |
| Latin America | 7.92 | 4.07 |
Global Peracetic Acid Export (Kilo tons)
| Region | 2018 | 2023 |
| North America | 26.42 | 36.52 |
| Europe | 20.36 | 29.00 |
| Asia Pacific | 49.38 | 59.84 |
| Latin America | 5.06 | 3.94 |
Credence research’s newly published report, “Peracetic Acid pricing report 2024: price trend, chart, news, demand, historical and forecast data,” provides a comprehensive analysis of Peracetic Acid pricing, focusing on global and regional trends and the key factors driving these price movements. The report includes an in-depth review of the spot price of Peracetic Acid at major ports, with a detailed breakdown of prices including ex works, fob, and cif. It also offers a region-wise analysis of Peracetic Acid price trends across North America, Europe, Asia pacific, Latin America, and the Middle East and Africa.
The report delves into the elements influencing Peracetic Acid price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it incorporates the latest industry news, offering stakeholders up-to-date information on demand shifts, regulatory changes, and technological advancements. This comprehensive overview aids in strategic decision-making and forecasting, providing valuable insights for stakeholders in the Peracetic Acid.
Peracetic Acid Market Analysis
The global Peracetic Acid volume reached 500.97 Kilo Ton in 2023. By 2032, Credence Research expects the volume to reach 748.49 Kilo tons, at a projected CAGR of 4.49% during 2024-2032.
- The global Peracetic acid market has seen significant growth due to its widespread applications in various industries. It is a potent disinfectant and sanitizer, which has made it a crucial component in sectors like healthcare, food processing, and water treatment.
- In the healthcare industry, Peracetic acid is extensively used for sterilizing medical instruments and surfaces. Its efficacy in killing bacteria, viruses, and fungi makes it indispensable for maintaining hygiene standards in hospitals and clinics.
- The food processing industry relies heavily on Peracetic acid for sanitizing equipment, packaging, and surfaces. It helps in preventing microbial contamination and ensuring food safety, thereby prolonging shelf life and maintaining product quality.
- Peracetic acid is also employed in water treatment processes, including wastewater treatment and potable water purification. Its strong oxidizing properties enable it to eliminate harmful microorganisms and organic contaminants effectively.
- One of the primary drivers of the Peracetic acid market is the rising awareness of hygiene and sanitation. The global emphasis on health and safety, especially in light of recent pandemics, has spurred demand for effective disinfectants and sanitizers.
- Regulatory bodies worldwide endorse the use of Peracetic acid for its environmental benefits and safety profile. Unlike chlorine-based disinfectants, it breaks down into harmless by-products, making it a preferred choice in various applications.
- There is a growing trend towards eco-friendly and sustainable disinfection solutions. Peracetic acid, being biodegradable and less harmful to the environment, fits well within this trend, driving its adoption across industries.
- Advancements in formulation and application technologies are enhancing the efficiency and effectiveness of Peracetic acid. Innovations in packaging and delivery systems are making it easier to use and more accessible to end-users.
- The market is characterized by a high level of competition, with numerous players focusing on expanding their product portfolios and geographical reach. Companies are investing in research and development to improve product efficacy and address evolving customer needs.
- The future of the Peracetic acid market looks promising, with continued demand from key industries and ongoing regulatory support. The push towards sustainable and effective disinfectants will likely sustain market growth, alongside the introduction of innovative applications and improved product formulations.
Peracetic Acid News
The report comprehensively covers the latest developments, updates, and trends affecting the global Peracetic Acid price, offering stakeholders timely and pertinent information. This section includes a broad spectrum of news items, such as the inauguration of new production facilities, advancements in Peracetic Acid production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that influence Peracetic Acid price trends.
Recent developments in the Peracetic Acid industry:
- In 2024, Solvay was mentioned as a leading supplier and manufacturer of Peracetic acid (PAA) in a report. The company’s PAA is used in various applications, including disinfecting and sterilizing equipment and packaging to guarantee food quality and safety, protecting animal health and welfare by disinfecting houses and equipment, providing Peracetic acid for the final treatment step in wastewater purification, cleaning and disinfecting industrial laundries used by hospitals and hotels, and washing fruits, vegetables, and meats to protect against harmful pathogens and food spoilage without impacting food quality.
- In 2023, Evonik expanded its peroxide production network with the full acquisition of Thai Peroxide Company Limited (TPL), located in Saraburi, Thailand.
Product Description
Peracetic acid (PAA) is a highly effective biocide known for its strong oxidizing properties. It is a colorless, organic peroxide compound formed by a combination of acetic acid and hydrogen peroxide in water. PAA is renowned for its efficacy in disinfecting and sterilizing due to its ability to break down into non-toxic by-products, namely water, oxygen, and acetic acid, making it an environmentally friendly option compared to traditional chlorine-based disinfectants.
In the healthcare sector, Peracetic acid is widely used for sterilizing medical instruments and surfaces, ensuring stringent hygiene standards are met in hospitals and clinics. Its rapid antimicrobial action makes it suitable for use in high-risk environments where infection control is paramount. The food and beverage industry also benefits significantly from PAA, where it is used to sanitize equipment, packaging, and surfaces, preventing microbial contamination and ensuring food safety.
Additionally, Peracetic acid plays a crucial role in water treatment processes, including wastewater treatment and potable water purification, due to its strong disinfectant capabilities. It is also utilized in the agriculture industry for soil irrigation and in the pulp and paper industry to protect against biofouling. The versatility and effectiveness of Peracetic acid across multiple applications underline its importance as a powerful and sustainable disinfectant solution.
Regional coverage
North America Peracetic acid Prices
Between 2018 and 2023, the Peracetic acid in North America has shown a significant increase in both import and export volumes. Imports grew from 26.75 kilotons to 36.95 kilotons, while exports rose from 26.42 kilotons to 36.52 kilotons. This growth can be attributed to the rising demand for Peracetic acid across various industries, including healthcare, food processing, and water treatment. The consistent growth in both imports and exports indicates a robust internal production capacity that meets both domestic needs and international demand.
Europe Peracetic acid Prices
In Europe, the Peracetic acid also witnessed considerable growth in imports, rising from 28.69 kilotons in 2018 to 39.61 kilotons in 2023. Similarly, exports increased from 20.36 kilotons to 29.00 kilotons during the same period. The European prices is driven by stringent environmental regulations and the increasing adoption of sustainable practices, which boost the demand for eco-friendly chemicals like Peracetic acid. The export growth underscores Europe’s role as a significant producer and supplier of Peracetic acid to other regions, indicating a well-developed production infrastructure.
Asia Pacific Peracetic acid Prices
The Asia Pacific region exhibited the highest volumes in both imports and exports of Peracetic acid. Imports increased from 32.50 kilotons in 2018 to 44.58 kilotons in 2023, while exports grew from 49.38 kilotons to 59.84 kilotons. This substantial growth is driven by rapid industrialization, urbanization, and the expansion of the food and beverage and healthcare sectors in countries like China and India. The region’s leading position in exports highlights its dominance in Peracetic acid production, benefiting from lower production costs and large-scale manufacturing capabilities.
Middle East Peracetic acid Prices
The Middle East presents a contrasting scenario with relatively lower volumes and minimal growth in Peracetic acid trade. Imports slightly decreased from 6.55 kilotons in 2018 to 6.42 kilotons in 2023, whereas exports saw a modest increase from 3.86 kilotons to 5.00 kilotons. The limited growth can be attributed to the region’s smaller industrial base and lesser focus on chemical manufacturing compared to other regions. However, the slight increase in exports suggests an emerging capacity to supply Peracetic acid, likely supported by growing industrial activities and investments in the chemical sector.
Sustainability analysis including environmental impact and eco-friendly alternatives and regulations
Peracetic acid (PAA) is widely recognized for its environmental benefits, especially in comparison to other chemical disinfectants. It decomposes into non-toxic by-products—acetic acid, water, and oxygen—minimizing its environmental footprint and making it an eco-friendly option for various applications, including water treatment, food processing, and healthcare.
However, the production of Peracetic acid does present some sustainability challenges. The process typically involves the reaction of acetic acid with hydrogen peroxide, both of which require energy-intensive production methods. Ensuring the sourcing of raw materials from sustainable processes can mitigate some environmental impacts. Additionally, advancements in production technologies aim to enhance efficiency and reduce the carbon footprint of Peracetic acid manufacturing.
Eco-friendly alternatives to traditional disinfectants include organic acids, hydrogen peroxide, and ozone, all of which share Peracetic acid’s rapid decomposition into harmless by-products. These alternatives are increasingly adopted in various sectors to meet rising environmental standards and consumer demands for sustainable products.
Regulatory frameworks across the globe, such as the U.S. Environmental Protection Agency (EPA) and the European Chemicals Agency (ECHA), enforce stringent guidelines on the production, usage, and disposal of Peracetic acid to ensure minimal environmental impact. These regulations promote the safe and sustainable use of Peracetic acid, supporting its role in environmentally conscious industrial practices.
Report details
| Key attributes | Details |
| Product name | Peracetic acid |
| Report features | Exploration of historical trends and market outlook industry demand industry supply gap analysis challenges 2-Ethylhexanoic acid price analysis and segment-wise assessment. |
| Currency/units | US$ (data can also be provided in local currency) or metric tons |
| Region/countries covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries:Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, the Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hong Kong, Singapore, Australia, and New Zealand.
Europe: Germany, France, the United Kingdom, Italy, Spain, Russia, Turkey, the Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, the Czech Republic, Portugal, and Greece. North America: the United States and Canada Latin America: Brazil, Mexico, Argentina, Colombia, Chile, Ecuador, and Peru Middle East and Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco note: the list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
| Information covered for key suppliers | Company overview business description product portfolio recent trends and developments |
| Customization scope | The report can be customized as per the requirements of the customer |
| Report price and purchase option | Plan A: monthly updates; annual subscription scope historical data for the current month forecast for next month total deliverables per year: 12 (one per month) includes: one pdf and one Excel datasheet per month post-purchase analyst support throughout the yearPlan B: quarterly updates; annual subscription scope historical data for the current quarter forecast for the next quarter Total deliverables per year: 4 (one per quarter) includes: one pdf and one Excel datasheet per quarter post-purchase analyst support throughout the year Plan C: biannually updated updates; annual subscription |
| Post-sale analyst support | 360-degree analyst support after report delivery |
| Delivery format | Pdf and excel through email (we can also provide the editable version of the report in ppt/word format on special request) |
Key benefits for stakeholders:
- Credence research’s report provides an in-depth analysis of Peracetic Acid pricing, including global and regional trends, spot prices at key ports, and detailed ex works, fob, and cif price breakdowns.
- The study explores factors influencing the Peracetic Acid price trend, such as raw material costs, supply-demand changes, geopolitical impacts, and industry developments, to offer valuable insights for informed decision-making.
- The competitive landscape review offers stakeholders essential insights into the latest market news, regulatory changes, and technological advancements, providing a comprehensive, strategic overview for forecasting and planning.
- Credence research offers various subscription options—monthly, quarterly, and biannual updates—enabling clients to stay updated with the latest market trends, ongoing developments, and extensive market insights. The Peracetic Acid price charts ensure our clients remain industry leaders.
