Peracetic acid is a colorless liquid with a strong, pungent odor. It is a powerful oxidizing agent commonly used as a disinfectant and sanitizer in various industries, including food processing and healthcare. Its effectiveness against bacteria, viruses, and fungi makes it a popular choice for sterilizing equipment and surfaces. This compound is formed by combining acetic acid and hydrogen peroxide. It is valued for its ability to break down organic materials and is often used in water treatment and waste management. However, it must be handled with care due to its corrosive nature and potential health hazards.