The Asia Pacific Glutaraldehyde Market would witness market growth of 5.4% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 51.99 Kilo Tonnes, showcasing a growth of 4.4% (2019-2022).
Glutaraldehyde is widely utilized as a cold sterilant to disinfect heat-sensitive healthcare instruments, such as endoscopes, bronchoscopes, and dialysis equipment. Glutaraldehyde (C5H8O2) is an active ingredient in aqueous solution, which is activated by an alkaline buffer like sodium bicarbonate. Different companies like ACURO ORGANICS LIMITED, ASP, BASF SE, Fengchen Group Co., Ltd., and Hebei Guanlang Biotechnology Co., Ltd., are involved in the production of different grades of products for the disinfection of healthcare equipment.
Two different processes are employed to synthesize the product, depending on the type of raw materials used. The traditional process involves producing methyl vinyl ether, acrolein, nitrogen, and 2-methoxy 3,4 dihydropyran, while the other method involves the synthesis of glutaral using cyclopentane. C5H8O2 is supplied in different percentages, mainly 4%, 15%, 25%, and 45%, as per its application in different industries. It is also available in its bis (sodium bisulfate) adduct form. In addition, the anhydrous form of glutaraldehyde is not available owing to its unstable nature.
Furthermore, according to the Ministry of Economy, Trade and Industry (METI) report updated in 2021, Japan's industry for cosmetics and personal care products was valued at approximately $35 billion in 2019. Skincare products are used by 53% of the Japanese cosmetics industry. Glutaraldehyde may find applications in certain skin care formulations, contributing to the stability and preservation of skincare products. The Japanese personal care industry emphasis on innovation and high-quality formulations may drive the use of glutaraldehyde in this context. Due to the aforementioned factors the market growth will drive in this region.
The China market dominated the Asia Pacific Glutaraldehyde Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $57.6 million by 2030. The Japan market is exhibiting a CAGR of 4.8% during (2023 - 2030). Additionally, The India market would experience a CAGR of 6.1% during (2023 - 2030).
Based on Product, the market is segmented into Glutaraldehyde 50%, Glutaraldehyde 25% and Others. Based on Application, the market is segmented into Disinfection Sterilization, Leather Tanning, Electron Light Microscopy, Pesticide and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Global Glutaraldehyde Market is Predict to reach USD 923 Million by 2030, at a CAGR of 4.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Acuro Organics Limited, BASF SE, Lanxess AG, Neogen Corporation, Becta Laboratories, Fengchen Group Co., Ltd. (Qingdao Fengchen Technology and Trade Co., Ltd.), Hebei Guanlang Biotechnology Co., Ltd., Advanced Sterilization Products (ASP) (Fortive Corporation), Shandong Lircon Medical Technology Co., Ltd., Whiteley Corporation.
By Product (Volume, Kilo Tonnes, USD Million, 2019-2030)
By Application (Volume, Kilo Tonnes, USD Million, 2019-2030)
By Country (Volume, Kilo Tonnes, USD Million, 2019-2030)
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