South Africa Glutaraldehyde Market Size & Outlook, 2023-2030
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South Africa glutaraldehyde market highlights
- The South Africa glutaraldehyde market generated a revenue of USD 11.1 million in 2023 and is expected to reach USD 12.4 million by 2030.
- The South Africa market is expected to grow at a CAGR of 1.5% 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 11.1 million |
| Market revenue in 2030 | USD 12.4 million |
| Growth rate | 1.5% (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, South Africa accounted for 1.6% 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 Middle East & Africa, South Africa glutaraldehyde market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 12.4 million by 2030.
Glutaraldehyde 50% was the largest segment with a revenue share of 48.65% in 2023. Horizon Databook has segmented the South Africa glutaraldehyde market based on glutaraldehyde 25%, glutaraldehyde 50%, other covering the revenue growth of each sub-segment from 2018 to 2030.
According to the International Trade Administration, in 2022 Saudi Arabia accounts for a share of approximately 60% of the total healthcare expenditure of Gulf Cooperation Council countries. In 2022, Saudi Arabia spent around USD 36.8 billion on social development and healthcare projects.
Moreover, under the 2030 Vision program, the Government of Saudi Arabia plans to invest USD 65 billion to develop the healthcare infrastructure in the country and aims to increase the private sector contribution of healthcare from 40% to 65%.
Moreover, according to the International Trade Administration (ITA), water reuse market in Saudi Arabia is the third largest in the world after China and the U.S. as per. The country has set a goal to achieve 100% reuse of treated urban wastewater by 2025. These initiatives are further expected to create growth opportunities for glutaraldehyde market in Saudi Arabia during 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 |
South Africa glutaraldehyde market size, by type, 2018-2030 (US$M)
South Africa Glutaraldehyde Market Outlook Share, 2023 & 2030 (US$M)
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