Germany Glutaraldehyde Market Size & Outlook, 2023-2030
Related Markets
Germany glutaraldehyde market highlights
- The Germany glutaraldehyde market generated a revenue of USD 73.6 million in 2023 and is expected to reach USD 109.9 million by 2030.
- The Germany market is expected to grow at a CAGR of 5.9% from 2024 to 2030.
- In terms of segment, glutaraldehyde 50% was the largest revenue generating type in 2023.
- Glutaraldehyde 50% is the most lucrative type segment registering the fastest growth during the forecast period.
Glutaraldehyde market data book summary
| Market revenue in 2023 | USD 73.6 million |
| Market revenue in 2030 | USD 109.9 million |
| Growth rate | 5.9% (CAGR from 2024 to 2030) |
| Largest segment | Glutaraldehyde 50% |
| Fastest growing segment | Glutaraldehyde 50% |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Glutaraldehyde 25%, Glutaraldehyde 50%, Other |
Other key industry trends
- In terms of revenue, Germany accounted for 10.5% of the global glutaraldehyde market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, France glutaraldehyde market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 109.9 million by 2030.
Glutaraldehyde 50% was the largest segment with a revenue share of 50.82% in 2023. Horizon Databook has segmented the Germany glutaraldehyde market based on glutaraldehyde 25%, glutaraldehyde 50%, other covering the revenue growth of each sub-segment from 2018 to 2030.
The chemicals and pharmaceuticals industries in Germany generated a turnover of USD 241.74 billion. According to the European Chemical Industry Council, nearly 80% of chemical and healthcare companies in the country carry out research activities, resulting in a substantial expenditure of USD 14.05 billion on these activities in 2021.
Although the funding of the Government of Germany contributes only 1% to the total research and development expenditures of chemical companies based in the country, there is a well-established tradition of collaboration between industry and academia in Germany. Remarkably, one-third of chemical companies in the country actively collaborate with academic institutions for different research projects.
The chemicals industry in Germany aims to further strengthen its research efforts by 2050 to maintain its competitive advantage. Thus, the surging number of research and development laboratories and the flourishing healthcare and chemicals industries in the country are anticipated to drive the demand for glutaraldehyde used in these industries during the forecast period.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Glutaraldehyde Market Scope
Glutaraldehyde Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hebei Guanlang Biotechnology Co. | View profile | 51-100 | Shijiazhuang, Hebei, China, Asia | https://www.guanlang-group.com |
| Acuro Organics Limited | View profile | 51-100 | Noida, Uttar Pradesh, India, Asia | http://acuro.in/ |
| Lanxess AG | View profile | 12621 | Kennedyplatz 1, Cologne, Germany, 50569 | https://www.lanxess.com |
| Neogen Corp | View profile | 2640 | 620 Lesher Place, Lansing, MI, United States, 48912 | https://www.neogen.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
| Fortive Corp | View profile | 18000 | 6920 Seaway Boulevard, Everett, WA, United States, 98203 | https://www.fortive.com |
Germany glutaraldehyde market size, by type, 2018-2030 (US$M)
Germany Glutaraldehyde Market Outlook Share, 2023 & 2030 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
