The global peracetic acid market will reach tens of billions, with huge space in the medical field
The chemical formula of peroxyacetic acid is CH3COOOH, also known as peracetic acid and peroxyacetic acid. It is a strong oxidant soluble in water, alcohol, ether, and sulfuric acid. It is mainly used in paper, paraffin, wood, fabric, grease, and starch. of bleach. Peracetic acid is also a green, broad-spectrum, fast-acting and highly efficient sterilant. It leaves almost no residue in the environment after use. It can be used as a disinfectant for drinking water, food and to prevent infectious diseases. It is especially suitable for indoor confined spaces in homes. air disinfection.
Industrial Research Center released “2023-2028 Oxygen “In-depth analysis of the acetic acid industry and the “14th Five-Year Plan” Development Plan Guidance Report” shows that in recent years, with the increase in the demand for disinfection of various environments and equipment, especially the disinfection of homes and public places during the epidemic With the increase in demand, the global peracetic acid industry has developed rapidly. The global peracetic acid market size will exceed 6 billion yuan in 2022. It is expected that in 2028, although the impact of the epidemic will gradually disappear, residents’ health awareness has significantly improved, and future disinfection needs There is still room for further improvement. The market size of China’s peracetic acid industry is still showing a growth trend, and the global peracetic acid industry market size will reach about 10 billion yuan.
(1) The epidemic has promoted the rapid growth of the global peracetic acid market
Peracetic acid has strong oxidizing properties and excellent sterilization and disinfection properties (broad spectrum, high efficiency, fast, low temperature). It is widely used in chemical synthesis and various items (food processing equipment, medical equipment, etc.) and various places. (Food factories, hospital wards, etc.) Sterilization and disinfection, etc. From 2020 to 2022, with the outbreak and prevalence of the new coronavirus pneumonia, the demand for disinfection of families, schools and outdoor public places around the world has increased significantly, driving the rapid growth of global demand for peracetic acid.
(2) Europe is the largest demand market
At present, the European region is the world’s largest demand market for peracetic acid. On the one hand, peracetic acid is widely used in the food industry in Europe, especially in Germany and the United Kingdom, and is allowed to be used for disinfection of surfaces in direct contact with food; on the other hand, peracetic acid is widely used in the food industry in Europe, especially Germany and the United Kingdom. , European animal husbandry, beverage, and meat processing industries also use peracetic acid as a disinfectant in large quantities, further promoting the growth of peracetic acid demand in Europe. World-renowned peracetic acid production companies such as Solvay (Belgium), Evonik (Germany), Airedale Chemicals (UK), Kemira (Finland), etc. are all located in Europe.
(3) There is huge demand in the medical field
Peracetic acid can be used as a disinfectant in food, medical and other fields, and as a bleaching agent in papermaking, water treatment and other fields. Among them, the food field is the traditional application field of peracetic acid, and it has been widely used in food, beverages, Sterilization and disinfection of milk, tea and other products. However, its application in the medical field is not as good as that of alcohol. Since peracetic acid has stronger oxidation potential, faster degradation and less residue, the application of peracetic acid in the medical field will be further expanded in the future, and the demand for peracetic acid in the medical field is huge.
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