The Emergence of COVID-19 to Augment the Peracetic Acid Market Growth
Peracetic acid (PAA) is an organic chemical compound widely used across disinfectant applications, such as disinfectant during water treatment, sanitizer in the food industry, and chemical disinfectant in healthcare. Peracetic acid is considered as one of the most effective agents after ozone and is produced by using acetic acid and hydrogen peroxide. It is used as an antimicrobial in various industrial as well as household processes, such as breweries, wineries, pasteurizers in beverage, food establishment, agricultural processes, medical facilities, dairy processing plants, lavatories, etc. The natural form of this compound is known as peracetic acid or simply peracetic. There are different forms of this acid available in the market as both as oils and as a powder. Market Dynamics: Increasing demand for sanitizers, disinfectants, and cleaning supplies due to the COVID-19 outbreak is expected to propel the growth of the peracetic acid market over the forecast period. For i...