Mexico Glutaraldehyde Market Size & Outlook, 2023-2030
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Mexico glutaraldehyde market highlights
- The Mexico glutaraldehyde market generated a revenue of USD 17.9 million in 2023 and is expected to reach USD 21.4 million by 2030.
- The Mexico market is expected to grow at a CAGR of 2.5% 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 17.9 million |
| Market revenue in 2030 | USD 21.4 million |
| Growth rate | 2.5% (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, Mexico accounted for 2.6% 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 North America, U.S. glutaraldehyde market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 163.2 million by 2030.
Glutaraldehyde 50% was the largest segment with a revenue share of 51.96% in 2023. Horizon Databook has segmented the Mexico glutaraldehyde market based on glutaraldehyde 25%, glutaraldehyde 50%, other covering the revenue growth of each sub-segment from 2018 to 2030.
Water pollution is one of the major environmental challenges in Mexico. The release of industrial effluents and untreated municipal sewage into the environment, as well as the adoption of poor agricultural practices, are some factors responsible for pollution in rivers and other water bodies.
Thus, rising water pollution level is expected to drive the demand for water treatment systems in the country in the coming years. Moreover, limited access of the masses to a clean drinking water supply is also expected to surge the adoption of water treatment systems in Mexico in the coming years.
In 2022, the International Boundary and Water Commission (IBWC) that is responsible for water boundaries between the U.S. and Mexico announced a significant agreement aimed at addressing wastewater flow, treatment, and discharge in San Diego and Tijuana.
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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 |
Mexico glutaraldehyde market size, by type, 2018-2030 (US$M)
Mexico Glutaraldehyde Market Outlook Share, 2023 & 2030 (US$M)
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