Global Glutaraldehyde Market is valued at approximately USD 450.00 million in 2021 and is anticipated to grow with a healthy growth rate of more than 5.0 % over the forecast period 2022-2028. Glutaraldehyde is a colourless oily liquid with a strong odour that can be sterilised and preserved as an aqueous solution. Glutaraldehyde is a biodegradable, formaldehyde-free, non-carcinogenic, non-bioaccumulative, non-persistent, and antimicrobial compound. Chemically written as C5H8O2, is with two aldehyde groups which are extensively employed in the tanning of leather and the fixation of biological tissues. Expansion of healthcare industry, rising demand for Glutaraldehyde as a disinfectant, rising expenditure on healthcare facilities, and rising investments in pipeline projects have driven the adoption of Glutaraldehyde across the projected period. For Instance: By 2024, the Indian government will be going to invest USD 61 billion in natural gas infrastructure in India including the construction of Gas Pipelines and LNG Terminal. Also, rising application of Glutaraldehyde and the thriving healthcare and medical industry are most likely to boost the overall growth of the Glutaraldehyde market. However, chronic health risks associated with GA and severe skin irritation can obstruct the market’s expansion over the projection period of 2022-2028.
The key regions considered for the global Glutaraldehyde market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading region across the world. Presence of leading research-based pharmaceutical and tanning industries is driving the market growth in Europe. Whereas, Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. The market is expected to grow during the projected period, due to the rising healthcare and medical industry.
Major market players included in this report are:
Union Carbide Corporation
Laohekou Jinghong Chemicals Co., Ltd.
Universal Preserv-A- Chem Inc.
Sisco Research Laboratories Pvt. Ltd.
Advanced Sterilization Product
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Glutaraldehyde Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers