The Europe Glutaraldehyde Market would witness market growth of 3.9% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 63.14 Kilo Tonnes, showcasing a growth of 3.0% (2019-2022).
Medical equipment requires sterilization after every use to obtain a high disinfection level. Most of the above-mentioned healthcare equipment are sensitive to heat and, thus, require a cold sterilizer for disinfection. Glutaraldehyde, a cold sterilizer, is important in cleansing healthcare equipment. Glutaraldehyde is also used as a tanning agent in leather tanning due to its excellent cross-linking properties. It improves the quality and durability of leather by reducing its shrinkage and improving its resistance against microbial attack.
This compound is used in addition or combination with other tanning reagents to achieve the required leather characteristics. The market faces intense competition from other types of cleansing agents, surfactants, and sanitizing products as they act as alternatives to this compound. Products such as hydrogen peroxide, ortho-paraldehyde, and peracetic acid may act as viable alternatives to glutaraldehyde in certain applications, thereby intensifying competition in the market.
As a part of the European Union, Germany adheres to stringent quality standards in industrial processes. Using glutaraldehyde as a slimicide helps paper manufacturers meet these standards by ensuring microbial control and maintaining high levels of hygiene in the production environment. Slime formation in paper machines can lead to various operational challenges, including reduced paper quality, increased downtime, and higher maintenance costs. Glutaraldehyde serves as a slime control agent, preventing the growth of microorganisms that contribute to slime issues. This aligns with the European paper industry's emphasis on sustainable and environmentally friendly practices. Therefore, the factors mentioned above will propel the market growth in this region.
The Germany market dominated the Europe Glutaraldehyde Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $87.9 million by 2030. The UK market is registering a CAGR of 3% during (2023 - 2030). Additionally, The France market would showcase a CAGR of 4.7% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Glutaraldehyde Market will Hit 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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