Middle East & Africa Glutaraldehyde Market Size & Outlook
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MEA glutaraldehyde market highlights
- The MEA glutaraldehyde market generated a revenue of USD 33.7 million in 2023.
- The market is expected to grow at a CAGR of 1.2% 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.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 33.7 million |
| Market revenue in 2030 | USD 36.7 million |
| Growth rate | 1.2% (CAGR from 2024 to 2030) |
| Largest segment | Glutaraldehyde 50% |
| Fastest growing segment | Glutaraldehyde 50% |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Glutaraldehyde 25%, Glutaraldehyde 50%, Other |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.8% of the global glutaraldehyde market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 196.2 million by 2030.
Glutaraldehyde 50% was the largest segment with a revenue share of 47.77% in 2023. Horizon Databook has segmented the Middle East & Africa glutaraldehyde market based on glutaraldehyde 25%, glutaraldehyde 50%, other covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for glutaraldehyde in the Middle East & Africa has steadily increased over the past few years owing to a wide range of applications of these compounds in various end-use industries such as healthcare, water treatment, oil & gas, and agriculture.
The spread of COVID-19 has led to a rise in demand for glutaraldehyde in the region to ensure sanitation and hygiene, as well as to prevent the spread of infection from healthcare facilities.
The demand for glutaraldehyde in Saudi Arabia is driven by its surged use in healthcare facilities and wastewater treatment plants, while South Africa witnesses the highest consumption of this compound in its healthcare industry.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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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 |
MEA glutaraldehyde market size, by country, 2018-2030 (US$M)
Middle East & Africa Glutaraldehyde Market Outlook Share, 2023 & 2030 (US$M)
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