Peracetic Acid in South Korea Trends and Forecast
The future of the peracetic acid market in South Korea looks promising with opportunities in the healthcare, food & beverage, water treatment, and pulp & paper markets. The global peracetic acid market is expected to reach an estimated $1.5 billion by 2031 with a CAGR of 7.0% from 2025 to 2031. The peracetic acid market in South Korea is also forecasted to witness strong growth over the forecast period. The major drivers for this market are the increase in peracetic acid usage in the pharmaceutical sector, the growing use of peracetic acid for effective water treatment solutions, and the increasing need to sanitize surgical instruments.
• Lucintel forecasts that, within the application category, disinfectant will remain the largest segment over the forecast period due to its efficiency, minimal toxicity, and environmental friendliness, along with the broad use in a variety of industries, such as agriculture, water purification, food & beverage, and healthcare.
Emerging Trends in the Peracetic Acid Market in South Korea
The peracetic acid (PAA) market in South Korea is experiencing notable growth, driven by increasing demand for effective and eco-friendly disinfectants across various industries. Factors such as stringent hygiene regulations, advancements in healthcare infrastructure, and the need for sustainable solutions are propelling the adoption of PAA. Recent developments include technological innovations, strategic partnerships, and regulatory changes that are shaping the landscape of PAA applications in the region. This analysis outlines five key trends impacting the PAA market in South Korea, highlighting their implications and the evolving opportunities within this sector.
• Expansion in Healthcare Applications: The healthcare sector in South Korea is increasingly adopting peracetic acid for sterilizing medical equipment and disinfecting facilities. PAAÄX%$%Xs broad-spectrum antimicrobial activity and rapid action make it suitable for high-level disinfection in hospitals and clinics. The shift towards using PAA in healthcare settings is influenced by the need to prevent healthcare-associated infections and maintain stringent hygiene standards. This trend is expanding PAAÄX%$%Xs market presence in the healthcare sector and contributing to improved patient safety outcomes.
• Growth in Food and Beverage Industry Usage: The food and beverage industry in South Korea is witnessing increased utilization of peracetic acid for sanitation purposes. PAAÄX%$%Xs effectiveness in disinfecting equipment, surfaces, and packaging materials without leaving toxic residues aligns with the industryÄX%$%Xs focus on food safety and hygiene. As consumer demand for safe and high-quality food products rises, food processing companies are integrating PAA into their sanitation protocols. This trend is driving market growth and reinforcing PAAÄX%$%Xs role as a critical component in ensuring food safety standards.
• Advancements in Water Treatment Processes: South Korea faces ongoing challenges related to water scarcity and quality, prompting municipalities and industries to seek effective water treatment solutions. Peracetic acid has emerged as a preferred disinfectant due to its strong oxidizing properties and environmentally friendly profile. Its application in municipal and industrial water treatment processes ensures the elimination of pathogens without harmful by-products. This development is enhancing the adoption of PAA in water treatment facilities, contributing to improved public health outcomes and compliance with stringent water quality regulations.
• Technological Innovations and Product Development: Manufacturers are developing stabilized peracetic acid formulations to enhance shelf life and efficacy. These innovations address challenges related to PAAÄX%$%Xs stability and handling, making it more convenient for end-users across various industries. Stabilized formulations offer consistent performance, reduced degradation, and improved safety profiles. The availability of these advanced products is facilitating broader adoption of PAA in sectors such as agriculture, food processing, and healthcare, thereby driving market expansion.
• Regulatory Support for Eco-Friendly Disinfectants: South Korean regulatory bodies are increasingly endorsing the use of environmentally friendly disinfectants, including peracetic acid. Policies promoting sustainable practices and the reduction of harmful chemical usage are encouraging industries to transition to biodegradable and non-toxic alternatives. PAAÄX%$%Xs compliance with environmental regulations and its minimal ecological impact position it as a favorable choice for companies aiming to meet sustainability goals. This regulatory support is bolstering the adoption of PAA across multiple sectors.
The peracetic acid market in South Korea is undergoing transformative developments characterized by increased applications in healthcare, food safety, water treatment, and technological innovations. Regulatory encouragement for eco-friendly disinfectants further accelerates PAAÄX%$%Xs adoption. These advancements are collectively reshaping the market, positioning peracetic acid as a versatile and sustainable solution across various industries, and setting the stage for continued growth and innovation in the region.
Recent Developments in the Peracetic Acid Market in South Korea
The peracetic acid market in South Korea is experiencing significant growth, driven by increasing demand across various sectors such as healthcare, food and beverage, and water treatment. This surge is propelled by the compoundÄX%$%Xs effectiveness as a disinfectant and its environmentally friendly properties. As industries prioritize sustainable and efficient solutions, peracetic acid emerges as a preferred choice, aligning with global trends towards eco-friendly practices. South KoreaÄX%$%Xs commitment to technological advancement and stringent regulatory standards further bolsters the adoption of peracetic acid, positioning the country as a key player in the Asia-Pacific regionÄX%$%Xs chemical industry.
• Expansion of Production Facilities: Leading manufacturers are expanding their production capacities to meet growing demand. New facilities and upgrades to existing plants are being implemented to address the increasing needs of various industries, including food processing and water treatment. This expansion ensures a steady supply of peracetic acid, catering to both domestic consumption and export markets, thereby strengthening South KoreaÄX%$%Xs position in the global chemical industry.
• Regulatory Approvals and Standards: Recent updates in regulatory standards have reinforced the use of peracetic acid in disinfection and sanitation. Regulatory bodies in several regions have approved new applications and usage guidelines, ensuring its compliance with health and safety standards. These approvals facilitate broader adoption across industries, enhancing public health measures and environmental safety.
• Market Expansion in Emerging Regions: Companies are strategically targeting emerging markets, particularly in Asia-Pacific and Latin America, due to their rapid industrialization and urbanization. This includes establishing local distribution networks and partnerships to enhance market penetration. Such expansion efforts not only increase the global footprint of South Korean manufacturers but also contribute to the global availability of peracetic acid.
• Increased Adoption in Water Treatment: There is a growing trend towards using peracetic acid in municipal and industrial water treatment due to its effectiveness in disinfecting water and reducing chemical by-products. Its ability to break down into harmless components makes it an attractive alternative to chlorine-based treatments, aligning with environmental sustainability goals. This adoption enhances water quality and safety, addressing public health concerns.
• Focus on Eco-Friendly Solutions: There is a notable shift towards environmentally friendly and sustainable disinfectants. Peracetic acid, being biodegradable and producing minimal environmental impact, aligns well with the growing emphasis on green chemistry and sustainability. This focus not only meets regulatory requirements but also caters to consumer preferences for eco-friendly products, driving market growth.
These developments collectively signify a robust growth trajectory for the peracetic acid market in South Korea. The expansion of production facilities ensures a stable supply to meet rising demand, while regulatory approvals facilitate broader application across industries. Strategic market expansion efforts enhance global reach, and increased adoption in water treatment underscores the compoundÄX%$%Xs efficacy and environmental benefits. The focus on eco-friendly solutions aligns with global sustainability trends, positioning peracetic acid as a key component in various industrial applications. Together, these factors reinforce South KoreaÄX%$%Xs pivotal role in the evolving landscape of the peracetic acid industry
Strategic Growth Opportunities for Peracetic Acid Market in South Korea
The peracetic acid market in South Korea is poised for substantial growth, driven by its versatile applications across various industries. As a potent oxidizing agent, PAA is increasingly favored for its effectiveness in disinfection and sterilization processes. The countryÄX%$%Xs commitment to environmental sustainability and stringent regulatory standards further bolsters the adoption of PAA. Key sectors such as healthcare, food and beverage, water treatment, pulp and paper, and agriculture are exploring strategic growth opportunities, leveraging PAAÄX%$%Xs benefits to enhance safety, efficiency, and compliance.
• Healthcare Sector: In South KoreaÄX%$%Xs healthcare industry, the demand for effective sterilization methods is escalating. Peracetic acid is gaining prominence due to its ability to sterilize medical instruments without leaving harmful residues. Its efficacy against a broad spectrum of microorganisms makes it ideal for disinfecting surgical tools and endoscopes. The adoption of PAA aligns with the sectorÄX%$%Xs focus on patient safety and infection control, offering a reliable alternative to traditional sterilants. This trend is expected to drive significant growth in PAA usage within medical facilities.
• Food and Beverage Industry: The food and beverage sector in South Korea is increasingly utilizing peracetic acid for sanitation purposes. PAAÄX%$%Xs effectiveness in eliminating pathogens without affecting the taste or quality of food products makes it a preferred choice for sanitizing equipment and surfaces. Its application extends to meat processing, dairy production, and beverage bottling, ensuring compliance with stringent food safety regulations. The industryÄX%$%Xs emphasis on hygiene and consumer safety is propelling the demand for PAA-based sanitizers.
• Water Treatment: With growing concerns over water pollution and scarcity, South Korea is investing in advanced water treatment solutions. Peracetic acid serves as an effective disinfectant in wastewater treatment plants, offering rapid microbial control without forming harmful by-products. Its biodegradability and minimal environmental impact align with the countryÄX%$%Xs sustainability goals. The integration of PAA in water treatment processes is anticipated to enhance water quality and support public health initiatives.
• Pulp and Paper Industry: The pulp and paper industry is exploring peracetic acid as a means to improve bleaching processes and control microbial growth. PAAÄX%$%Xs strong oxidizing properties facilitate the removal of lignin, enhancing the brightness of paper products. Additionally, its application helps prevent biofilm formation in processing equipment, reducing downtime and maintenance costs. The industryÄX%$%Xs pursuit of efficient and eco-friendly production methods is driving the adoption of PAA-based solutions.
• Agriculture: In agriculture, peracetic acid is being utilized to disinfect irrigation systems and control plant pathogens. Its application helps in preventing the spread of diseases, promoting healthier crop yields. PAAÄX%$%Xs rapid decomposition into non-toxic by-products ensures that it does not accumulate in the environment, making it a sustainable choice for farmers. The emphasis on sustainable farming practices and food safety is encouraging the use of PAA in agricultural applications.
The strategic growth opportunities for peracetic acid market in South Korea are multifaceted, spanning critical sectors that prioritize safety, efficiency, and environmental responsibility. The healthcare industryÄX%$%Xs focus on effective sterilization, the food and beverage sectorÄX%$%Xs commitment to hygiene, advancements in water treatment, innovations in the pulp and paper industry, and sustainable agricultural practices collectively contribute to the rising demand for PAA. As these industries continue to evolve, peracetic acid is set to play a pivotal role in supporting South KoreaÄX%$%Xs economic and environmental objectives.
Peracetic Acid Market in South Korea Driver and Challenges
The peracetic acid market in South Korea is being shaped by a combination of technological innovations, economic trends, and regulatory developments. As industries across the country seek more sustainable and effective disinfection solutions, peracetic acid is gaining traction due to its efficiency and environmental safety. However, despite strong growth potential, the market also faces notable challenges that could influence its future trajectory. Understanding the key drivers and obstacles is essential for stakeholders to navigate this evolving landscape and leverage opportunities while mitigating risks.
The factors responsible for driving the peracetic acid market in South Korea include:
• Increased Demand for Eco-Friendly Disinfectants: Growing environmental concerns and stringent regulations are driving the demand for biodegradable and sustainable disinfectants. Peracetic acid, which breaks down into harmless substances, aligns well with South Korea environmental policies. As industries prioritize green alternatives, peracetic acid becomes a preferred option. This trend is especially evident in sectors like water treatment and food processing, where eco-compliance is critical. The rise of green chemistry practices across industries supports the consistent growth of this market and encourages innovation in cleaner disinfection methods.
• Expansion in Healthcare and Medical Sterilization: South Korea advanced healthcare infrastructure is expanding its use of peracetic acid for sterilizing surgical tools and medical equipment. Unlike other sterilants, peracetic acid is effective at low temperatures and does not leave toxic residues. As infection control protocols become stricter, hospitals and clinics are increasingly adopting this compound. The aging population and a higher number of medical procedures have further increased the need for safe sterilization, positioning peracetic acid as a key solution in the healthcare sector.
• Growing Food and Beverage Industry Compliance: South Korea food and beverage industry is under pressure to meet high hygiene standards due to consumer safety demands and international trade requirements. Peracetic acid is widely used to sanitize processing equipment and food contact surfaces without altering food quality. The trend towards ready-to-eat meals and processed food has elevated the need for effective and safe sanitizers. This widespread usage of peracetic acid ensures compliance with health regulations while supporting efficiency in food production facilities.
• Advancements in Water Treatment Technologies: Water quality is a top priority in South Korea, especially with increasing concerns about pollution and waterborne diseases. Peracetic acid is gaining ground as a replacement for chlorine due to its rapid action and minimal harmful by-products. Municipalities and industries are investing in advanced water treatment systems that incorporate peracetic acid as a key disinfectant. The government push for sustainable water management is also encouraging widespread adoption. These efforts reflect a national commitment to environmental health and public safety.
• Robust Regulatory Support and Safety Standards: Government agencies in South Korea have established clear guidelines for the safe use of peracetic acid across industries. These regulations have helped build trust and reduce resistance to adoption, particularly in sensitive sectors like food and healthcare. Moreover, the transparent regulatory environment encourages foreign investment and local production. Compliance frameworks ensure quality control and enhance market stability. The proactive stance of regulatory authorities continues to support the integration of peracetic acid in essential industrial processes.
Challenges in the peracetic acid market in South Korea are:
• Handling and Storage Complications: Peracetic acid is a highly reactive and corrosive substance that requires careful handling and storage. This presents a challenge for facilities that do not have the proper infrastructure or trained personnel. Improper storage can lead to health hazards and accidents, discouraging smaller businesses from adopting it. Companies must invest in specialized containers and training, which adds to operational costs. These safety concerns can slow down the pace of adoption and limit its use in certain environments.
• High Production and Operational Costs: The cost of manufacturing and maintaining peracetic acid systems is relatively high compared to traditional disinfectants. The need for specialized equipment and safety protocols increases the total expenditure. For cost-sensitive industries, especially small and medium enterprises, this can be a major deterrent. While long-term benefits exist, the upfront investment can be prohibitive. The financial burden may also impact pricing strategies and competitiveness in both domestic and international markets.
• Limited Awareness Among End Users: Despite its benefits, many potential users remain unaware of peracetic acid advantages over traditional chemicals. This lack of awareness hampers market growth, especially in non-urban and smaller industrial settings. There is a need for education and outreach to inform stakeholders about its applications, benefits, and safe usage. Without adequate knowledge dissemination, adoption rates may remain stagnant in key sectors. This challenge underscores the importance of marketing and technical support initiatives.
The peracetic acid market in South Korea is advancing due to its environmental advantages, growing applications, and regulatory support. However, challenges related to cost, safety, and awareness need to be addressed to sustain growth. While major drivers continue to push adoption across healthcare, food, and water sectors, the market must overcome operational and knowledge barriers. Strategic investment, education, and infrastructure development will be critical to fully realizing the potential of peracetic acid in the South Korean chemical landscape.
List of Peracetic Acid Market in South Korea Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. Through these strategies, peracetic acid companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the peracetic acid companies profiled in this report include:
• Company 1
• Company 2
• Company 3
• Company 4
• Company 5
• Company 6
• Company 7
• Company 8
• Company 9
• Company 10
Peracetic Acid Market in South Korea by Segment
The study includes a forecast for the peracetic acid market in South Korea by grade, application, and end use.
Peracetic Acid Market in South Korea by Grade [Analysis by Value from 2019 to 2031]:
• <5% Grade
• 5-15% Grade
• >15% Grade
Peracetic Acid Market in South Korea by Application [Analysis by Value from 2019 to 2031]:
• Disinfectant
• Sterilant
• Sanitizer
• Others
Peracetic Acid Market in South Korea by End Use [Analysis by Value from 2019 to 2031]:
• Healthcare
• Food & Beverage
• Water Treatment
• Pulp & Paper
• Others
Features of the Peracetic Acid Market in South Korea
Market Size Estimates: Peracetic acid in South Korea market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends and forecasts by various segments.
Segmentation Analysis: Peracetic acid in South Korea market size by grade, application, and end use in terms of value ($B).
Growth Opportunities: Analysis of growth opportunities in different grade, application, and end use for the peracetic acid in South Korea.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the peracetic acid in South Korea.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
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FAQ
Q1. What are the major drivers influencing the growth of the peracetic acid market in South Korea?
Answer: The major drivers for this market are the increase in peracetic acid usage in the pharmaceutical sector, the growing use of peracetic acid for effective water treatment solutions, and the increasing need to sanitize surgical instruments.
Q2. What are the major segments for peracetic acid market in South Korea?
Answer: The future of the peracetic acid market in South Korea looks promising with opportunities in the healthcare, food & beverage, water treatment, and pulp & paper markets.
Q3. Which peracetic acid market segment in South Korea will be the largest in future?
Answer: Lucintel forecasts that disinfectant will remain the largest segment over the forecast period due to its efficiency, minimal toxicity, and environmental friendliness, along with the broad use in a variety of industries, such as agriculture, water purification, food & beverage, and healthcare.
Q4. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 10 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the peracetic acid market in South Korea by grade (<5% grade, 5-15% grade, and >15% grade), application (disinfectant, sterilant, sanitizer, and others), and end use (healthcare, food & beverage, water treatment, pulp & paper, and others)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.4. What are the business risks and competitive threats in this market?
Q.5. What are the emerging trends in this market and the reasons behind them?
Q.6. What are some of the changing demands of customers in the market?
Q.7. What are the new developments in the market? Which companies are leading these developments?
Q.8. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.9. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.10. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Peracetic Acid Market in South Korea, Peracetic Acid Market in South Korea Size, Peracetic Acid Market in South Korea Growth, Peracetic Acid Market in South Korea Analysis, Peracetic Acid Market in South Korea Report, Peracetic Acid Market in South Korea Share, Peracetic Acid Market in South Korea Trends, Peracetic Acid Market in South Korea Forecast, Peracetic Acid Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.