North America Glutaraldehyde Market Size & Outlook
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North America glutaraldehyde market highlights
- The North America glutaraldehyde market generated a revenue of USD 164.6 million in 2023.
- The market is expected to grow at a CAGR of 4.6% 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 164.6 million |
| Market revenue in 2030 | USD 226.1 million |
| Growth rate | 4.6% (CAGR from 2024 to 2030) |
| Largest segment | Glutaraldehyde 50% |
| Fastest growing segment | Glutaraldehyde 50% |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Glutaraldehyde 25%, Glutaraldehyde 50%, Other |
Other key industry trends
- In terms of revenue, North America region accounted for 23.6% of the global glutaraldehyde market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 196.2 million by 2030.
Glutaraldehyde 50% was the largest segment with a revenue share of 48.12% in 2023. Horizon Databook has segmented the North America glutaraldehyde market based on glutaraldehyde 25%, glutaraldehyde 50%, other covering the revenue growth of each sub-segment from 2018 to 2030.
The significant presence of healthcare, chemical, and agrochemical companies in North America has been fueling the demand for glutaraldehyde in the region over the past few years. Moreover, the surge in water treatment activities has been playing a key role in driving the demand for glutaraldehyde in North America.
Countries in the region, including the U.S., Canada, and Mexico, have made major investments in water and wastewater recycling programs. Rising water treatment expenditure in the region is anticipated to contribute to the consumption of glutaraldehyde in North America over the forecast period.
According to the European Federation of Pharmaceutical Industries and Associations, pharmaceutical and healthcare market in North America, was the largest in the world in 2021. The region accounted for a share of 49.1% of the global market in the same year. Glutaraldehyde is widely used as a disinfectant and a sterilization agent in the healthcare industry.
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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 |
North America glutaraldehyde market size, by country, 2018-2030 (US$M)
North America Glutaraldehyde Market Outlook Share, 2023 & 2030 (US$M)
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