The major end-use of the peracetic acid market are food, pharmaceutical, pulp & paper, and water treatment that are growing at a rapid rate in APAC. Peracetic acid is used in these industries since its development and is still a strong segment in the biocides industry. It is extensively used in the food industry, mainly in food processing and packaging of products such as juices, milk, soft drinks, and tea. Peracetic acid is also used in pharmaceutical, life sciences, hospitals, and other sectors due to the growing healthcare sector. It exhibits a stronger oxidation potential than competitive products and faster degrading residuals with fewer by-products.