Global Glutaraldehyde Market Size, Share & Industry Trends Analysis Report By Product, By Application (Disinfection & Sterilization, Leather Tanning, Electron & Light Microscopy, Pesticide and Others), By Regional Outlook and Forecast, 2023 - 2030

Global Glutaraldehyde Market Size, Share & Industry Trends Analysis Report By Product, By Application (Disinfection & Sterilization, Leather Tanning, Electron & Light Microscopy, Pesticide and Others), By Regional Outlook and Forecast, 2023 - 2030

The Global Glutaraldehyde Market size is expected to reach $923 million by 2030, rising at a market growth of 4.5% CAGR during the forecast period. In the year 2022, the market attained a volume of 257.70 Kilo Tonnes experiencing a growth of 3.6% (2019-2022).

Water scarcity and pollution concerns have prompted increased focus on water treatment and management in Asia-Pacific. Therefore, Asia Pacific segment generated $141.74 million revenue in the market in 2022. Adherence to safety and environmental regulations is crucial for chemical industries in the Asia-Pacific region. The market expansion is influenced by manufacturers adapting to and complying with regulatory standards, ensuring the safe use of glutaraldehyde in various applications. Some of the factors impacting the market are ongoing advancements in technologies, adherence to stringent regulatory standards and development of potential alternatives and substitutes.

Microencapsulation techniques have been employed to encapsulate glutaraldehyde, protecting it from environmental factors and enhancing its stability. Also, microencapsulation can also facilitate targeted delivery, ensuring that glutaraldehyde is released at the desired location or in response to specific conditions. Smart technologies, including sensors and monitoring systems, are being integrated into processes where glutaraldehyde is used. These technologies enable real-time monitoring of conditions, ensuring optimal application and allowing immediate adjustments if necessary. Additionally, Compliance with regulatory standards is often a prerequisite for market access, domestically and internationally. Manufacturers that meet or exceed regulatory requirements are better positioned to enter new markets, expand their customer base, and participate in global trade. Regulatory standards increasingly focus on sustainability and environmental responsibility. Compliance encourages the development of eco-friendly formulations, production processes, and disposal methods, aligning with global efforts toward sustainability. Thus, adherence to stringent regulatory standards is fundamental for the responsible and sustainable growth of the market. Therefore, these technological advancements will boost market growth and adherence to stringent regulatory standards is fundamental for the responsible and sustainable growth of the market.

However, increasing consumer awareness about the potential risks of certain chemicals, including glutaraldehyde, can influence purchasing decisions. Consumer preferences for products with less perceived health and environmental risks may drive the demand for alternative solutions. If alternatives are more cost-effective or offer better value for money, industries may be motivated to switch to these options. Cost considerations can significantly impact purchasing decisions, especially in industries where profit margins are tight. Due to the above factors, market growth will be hampered in the coming years.

Product Outlook

On the basis of product, the market is segmented into glutaraldehyde 25%, glutaraldehyde 50%, and others. The product is effective against various microorganisms and is used in various applications, including sterilization of healthcare equipment, leather fixatives, and chemical intermediates. It is the most commonly used cross-linking agent in processes requiring enhanced material strength and durability. Many companies produce 50% glutaraldehyde for various applications such as medical device disinfection and biocide in the oil field. The microbial solution containing 50% C5H8O2 removes bacteria for increasing operational efficiency in EOR (enhanced oil recovery) and water flooding applications.

Application Outlook

Based on application, the market is fragmented into disinfection & sterilization, leather tanning, pesticide, electron & light microscopy, and others. In 2022, the disinfection & sterilization segment held the highest revenue share in the market. Glutaraldehyde is a cold sterilant used to disinfect heat-resistant hospital equipment such as endoscopes, bronchoscopes, dental equipment, and other clinical instruments. Different companies like ACURO ORGANICS LIMITED; ASP, BASF SE; Fengchen Group Co., Ltd.; and Hebei Guanlang Biotechnology Co., Ltd., among others, are involved in the production of different grades of glutaraldehyde for the disinfection of healthcare equipment. It is used in water treatment plants as a disinfection and sterilizing agent. Its solution is added to kill pathogens like viruses, bacteria, and fungi.

Regional Outlook

Region-wise, the market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the Europe region registered the highest revenue share in the market. The flourishing healthcare industry in the UK, France, Germany, and Spain is anticipated to drive the demand for glutaraldehyde in Europe in the coming years. However, countries such as Spain, Bulgaria, and Romania have also witnessed rapid growth in their agriculture industry, leading to increased investments. It has resulted in the large-scale adoption of improved water preservation techniques. This trend of surging agricultural production amid limited farming land in the region further fuels the demand for agrochemicals, including pesticides, across Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Acuro Organics Limited, BASF SE, Lanxess AG, Neogen Corporation, Becta Laboratories, Fengchen Group Co., Ltd. (Qingdao Fengchen Technology and Trade Co., Ltd.), Hebei Guanlang Biotechnology Co., Ltd., Advanced Sterilization Products (ASP) (Fortive Corporation), Shandong Lircon Medical Technology Co., Ltd., Whiteley Corporation.

Scope of the Study

Market Segments covered in the Report:

By Product (Volume, Kilo Tonnes, USD Million, 2019-2030)

• Glutaraldehyde 50%
• Glutaraldehyde 25%
• Others

By Application (Volume, Kilo Tonnes, USD Million, 2019-2030)

• Disinfection & Sterilization
• Leather Tanning
• Electron & Light Microscopy
• Pesticide
• Others

By Geography (Volume, Kilo Tonnes, USD Million, 2019-2030)

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific
• LAMEA
• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Companies Profiled

• Acuro Organics Limited
• BASF SE
• Lanxess AG
• Neogen Corporation
• Becta Laboratories
• Fengchen Group Co., Ltd. (Qingdao Fengchen Technology and Trade Co., Ltd.)
• Hebei Guanlang Biotechnology Co., Ltd.
• Advanced Sterilization Products (ASP) (Fortive Corporation)
• Shandong Lircon Medical Technology Co., Ltd.
• Whiteley Corporation

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