Product Code: ETC4475551 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Vietnam Peracetic Acid Market is gaining significance in the field of disinfection and sterilization, finding applications in healthcare, food processing, and water treatment. Peracetic acid is valued for its strong antimicrobial properties and eco-friendly characteristics. The market is witnessing increased adoption as industries in Vietnam prioritize effective and sustainable disinfection solutions. With a focus on hygiene and safety standards, the Peracetic Acid Market in Vietnam is expected to experience growth, driven by the demand for reliable and environmentally friendly disinfection practices.
The Vietnam Peracetic Acid Market is witnessing significant growth due to its wide range of applications. Peracetic acid is a powerful disinfectant and sterilant, making it essential for various industries such as healthcare, food and beverage, and agriculture. With an increasing awareness of the importance of sanitation and hygiene, the demand for peracetic acid as a disinfectant has surged. Furthermore, its use in water treatment and as an eco-friendly alternative to traditional chemicals has contributed to its market growth.
The Vietnam Peracetic Acid Market encounters challenges related to safety concerns and market education. Peracetic acid, a powerful disinfectant, requires careful handling and storage due to its corrosive nature. Market participants face the challenge of ensuring safe usage practices among end-users, including industries such as healthcare and food processing. Additionally, market education is crucial to communicate the benefits and proper application of peracetic acid, overcoming any skepticism or resistance from potential users.
The Peracetic acid market in Vietnam has faced disruptions attributed to the COVID-19 pandemic. The restrictions on industrial activities and disruptions in the supply chain have impacted both production and consumption. The heightened focus on hygiene and disinfection, however, has presented new opportunities for the peracetic acid market. Market players are adapting to the evolving demands, emphasizing the importance of sanitation and exploring innovative applications to navigate the challenges induced by the pandemic.
The Vietnam Peracetic Acid market features prominent players contributing significantly to the industry`s growth. Companies such as Thai Peroxide Limited, PeroxyChem LLC, Solvay SA, Evonik Industries AG, and Mitsubishi Gas Chemical Company, Inc. play crucial roles in shaping the market landscape. Thai Peroxide Limited stands out as a leading producer of peracetic acid, leveraging its extensive experience and advanced technologies to meet the growing demand in Vietnam. PeroxyChem LLC, a key global player, brings innovative solutions to the market, ensuring high-quality peracetic acid products. Solvay SA, with its global presence, is recognized for its commitment to sustainability and environmental responsibility in the production of chemicals, including peracetic acid. Evonik Industries AG contributes to the Vietnam market with its expertise in specialty chemicals and solutions. Mitsubishi Gas Chemical Company, Inc. is another significant player known for its diverse chemical portfolio, including peracetic acid, catering to the evolving needs of the Vietnamese market. These key players collectively contribute to the vibrancy and competitiveness of the Vietnam Peracetic Acid market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Peracetic Acid Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Peracetic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Peracetic Acid Market - Industry Life Cycle |
3.4 Vietnam Peracetic Acid Market - Porter's Five Forces |
3.5 Vietnam Peracetic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Vietnam Peracetic Acid Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Vietnam Peracetic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of peracetic acid as a disinfectant and sanitizer in various industries |
4.2.2 Growing awareness about the benefits of peracetic acid in water treatment applications |
4.2.3 Stringent regulations promoting the use of eco-friendly disinfectants |
4.3 Market Restraints |
4.3.1 High initial setup and operational costs associated with peracetic acid production |
4.3.2 Limited availability of raw materials for peracetic acid production |
4.3.3 Competition from alternative disinfectants and sanitizers in the market |
5 Vietnam Peracetic Acid Market Trends |
6 Vietnam Peracetic Acid Market, By Types |
6.1 Vietnam Peracetic Acid Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Peracetic Acid Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Vietnam Peracetic Acid Market Revenues & Volume, By Disinfectant, 2021-2031F |
6.1.4 Vietnam Peracetic Acid Market Revenues & Volume, By Sterilant, 2021-2031F |
6.1.5 Vietnam Peracetic Acid Market Revenues & Volume, By Sanitizer, 2021-2031F |
6.1.6 Vietnam Peracetic Acid Market Revenues & Volume, By Others, 2021-2031F |
6.2 Vietnam Peracetic Acid Market, By End-use Industry |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Peracetic Acid Market Revenues & Volume, By Food & beverage, 2021-2031F |
6.2.3 Vietnam Peracetic Acid Market Revenues & Volume, By Water treatment, 2021-2031F |
6.2.4 Vietnam Peracetic Acid Market Revenues & Volume, By Pulp & paper, 2021-2031F |
6.2.5 Vietnam Peracetic Acid Market Revenues & Volume, By Others, 2021-2031F |
7 Vietnam Peracetic Acid Market Import-Export Trade Statistics |
7.1 Vietnam Peracetic Acid Market Export to Major Countries |
7.2 Vietnam Peracetic Acid Market Imports from Major Countries |
8 Vietnam Peracetic Acid Market Key Performance Indicators |
8.1 Adoption rate of peracetic acid in different industries |
8.2 Usage of peracetic acid in water treatment applications |
8.3 Compliance with environmental regulations regarding disinfectant use |
9 Vietnam Peracetic Acid Market - Opportunity Assessment |
9.1 Vietnam Peracetic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Vietnam Peracetic Acid Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Vietnam Peracetic Acid Market - Competitive Landscape |
10.1 Vietnam Peracetic Acid Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Peracetic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |