Spain Glutaraldehyde Market Size & Outlook, 2023-2030
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Spain glutaraldehyde market highlights
- The Spain glutaraldehyde market generated a revenue of USD 33.9 million in 2023 and is expected to reach USD 46.1 million by 2030.
- The Spain market is expected to grow at a CAGR of 4.5% 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 33.9 million |
| Market revenue in 2030 | USD 46.1 million |
| Growth rate | 4.5% (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, Spain accounted for 4.9% 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 47.79% in 2023. Horizon Databook has segmented the Spain glutaraldehyde market based on glutaraldehyde 25%, glutaraldehyde 50%, other covering the revenue growth of each sub-segment from 2018 to 2030.
Glutaraldehyde market in Spain is anticipated to witness significant growth in the coming years owing to the flourishing chemicals industry in the country. According to Invest Spain, this industry holds an important position in the economy of the country.
The chemicals industry in the country comprises over 3,120 companies, collectively generating a turnover of USD 82.22 billion in 2021 Over the period spanning from 2007 to 2021, this industry witnessed an impressive 55% growth in revenue, solidifying its position as a key player in the gross industrial product of Spain by accounting for a share of 13.3% of the same.
The chemicals industry held a share of 5.4% of the overall GDP of the country in 2021. Additionally, this industry serves as the second most significant exporter in Spain, with over 57% (worth USD 47.50 billion) of the chemical production of the country exported in 2021. The flourishing chemicals industry in Spain is anticipated to drive the demand for glutaraldehyde, thereby leading to the growth of the market in the country over the forecast period.
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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 |
Spain glutaraldehyde market size, by type, 2018-2030 (US$M)
Spain Glutaraldehyde Market Outlook Share, 2023 & 2030 (US$M)
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