LAMEA Glutaraldehyde Market

LAMEA Glutaraldehyde Market Size, Share & Industry Trends Analysis Report By Product, By Application (Disinfection & Sterilization, Leather Tanning, Electron & Light Microscopy, Pesticide and Others), By Country and Growth Forecast, 2023 - 2030

Report Id: KBV-19299 Publication Date: December-2023 Number of Pages: 124
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Market Report Description

The Latin America, Middle East and Africa Glutaraldehyde Market would witness market growth of 5.7% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 28.30 Kilo Tonnes, showcasing a growth of 5.9% (2023-2030).

The water treatment industry relies on glutaraldehyde for its biocidal properties, employing it to control microbial growth in water systems. This includes its use in cooling towers, pipelines, and other water-circulating systems where the prevention of biofilm formation is critical for maintaining efficiency and preventing corrosion. In the oil and gas sector, glutaraldehyde is a key component in corrosion inhibitors. Its ability to form a protective layer on metal surfaces helps mitigate the impact of corrosive elements in oil and gas extraction processes.

Leather tanning is another application where glutaraldehyde finds utility. It is used to fix dyes and tanning agents, producing high-quality, durable leather products. The agricultural sector utilizes glutaraldehyde for various purposes, including as a biocide in irrigation systems to prevent algae growth and other microorganisms. Additionally, it plays a role in preserving agricultural equipment by inhibiting corrosion. In research and laboratory settings, glutaraldehyde is a fixative for biological specimens. Its ability to cross-link proteins helps preserve cell and tissue structures for microscopic examination.

According to the International Trade Administration, the personal care segment in UAE has the largest share of $518.8 million in 2023, followed by skin care ($292.5 million), cosmetics ($174.5 million), and fragrances ($142.7 million). Glutaraldehyde's antimicrobial properties make it a useful preservative in cosmetic and personal care formulations. Ongoing research and development in the cosmetic industry may lead to using glutaraldehyde in innovative formulations. The development of new products with enhanced features. Thus, the above aspects will expand the market growth across the region in the upcoming years.

The Brazil market dominated the LAMEA Glutaraldehyde Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $22.2 million by 2030. The Argentina market is showcasing a CAGR of 6.5% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 5.4% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Worldwide Glutaraldehyde Market is Projected 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.

Scope of the Study

Market Segments Covered in the Report:

By Product (Volume, Kilo Tonnes, USD Million, 2019-2030)

  • Glutaraldehyde 50%
  • Glutaraldehyde 25%
  • Others

By Application (Volume, Kilo Tonnes, USD Million, 2019-2030)

  • Disinfection Sterilization
  • Leather Tanning
  • Electron Light Microscopy
  • Pesticide
  • Others

By Country (Volume, Kilo Tonnes, USD Million, 2019-2030)

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • 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
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