Saudi Arabia Glutaraldehyde Market Size & Outlook
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Saudi Arabia glutaraldehyde market highlights
- The Saudi Arabia glutaraldehyde market generated a revenue of USD 8.7 million in 2023 and is expected to reach USD 9.5 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 1.3% 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 8.7 million |
| Market revenue in 2030 | USD 9.5 million |
| Growth rate | 1.3% (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, Saudi Arabia accounted for 1.2% 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 Middle East & Africa, South Africa glutaraldehyde market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 12.4 million by 2030.
Glutaraldehyde 50% was the largest segment with a revenue share of 47.13% in 2023. Horizon Databook has segmented the Saudi Arabia glutaraldehyde market based on glutaraldehyde 25%, glutaraldehyde 50%, other covering the revenue growth of each sub-segment from 2018 to 2030.
South Africa is saddled with three major diseases, including HIV (human immunodeficiency virus), AIDS (acquired immune deficiency syndrome), and Tuberculosis. These are communicable diseases that can be transmitted easily through contaminated medical equipment.
The demand for surface disinfectants is high in the country to carry out the continuous and timely sterilization of healthcare equipment. In addition, as per ITA, the market size for medical devices in 2020 was USD 1.07 billion that is further projected to reach USD 1.19 billion by 2023. This drives the demand for surface disinfectants such as glutaraldehyde in the country.
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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 |
Saudi Arabia glutaraldehyde market size, by type, 2018-2030 (US$M)
Saudi Arabia Glutaraldehyde Market Outlook Share, 2023 & 2030 (US$M)
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