Published Date: 2019-10-11 | Pages: Ongoing | Tables: Ongoing | Report ID: 8154 | Industry: Chemical & Material |
Format :
The global glutaraldehyde market is anticipated to create profit-making growth opportunities for players on the back of increased application of the chemical as a disinfectant. Glutaraldehyde is used in a range of applications besides disinfection, which could maintain its demand during the forecast period. It finds application in the development of bioprostheses and grafts and is used in embalming solutions. It is also used in oil and gas pipelines and metalworking fluids as a biocide. In the cosmetics and papermaking industries, it is used as a preservative and slimicide agent respectively. In the medical equipment and healthcare industries, it is largely adopted as a disinfectant for dialysis treatment equipment, dialyzers, X-ray tabletops, anesthesia equipment parts, and surgical instruments.
According to market analysts, top players are expected to merger with other companies or acquire them to expand their business in the global glutaraldehyde market. In September 2019, DuPont announced the acquisition of the ultrafiltration membrane business of BASF.
Players to Sign Merger and Acquisition Deals to Increase Market Share
Readers of the report are provided with detailed analysis of the business of leading players of the global glutaraldehyde market, including Dow, DuPont, Hubei Xinjing New Material, BASF, Jinghong Chemical, and Wuhan Dico Chemical. Players are expected to adopt merger and acquisition as a strategy to cement a strong position in the global glutaraldehyde market. In October 2019, DuPont entered into an agreement for the acquisition of the membrane business of Evoqua Water Technologies. The Memcor business of Evoqua Water Technologies includes membrane biofiltration and ultrafiltration technologies.
Increasing Application of Glutaraldehyde as Cold Sterilant to Improve Demand
High use of glutaraldehyde in the cold sterilization, cleaning, and disinfection of heat-sensitive dental, surgical, and medical equipment is expected to promise growth opportunities to players operating in the global glutaraldehyde market. Important application of glutaraldehyde as a hardening agent in the development and processing of X-ray films is anticipated to push forward the demand for glutaraldehyde. In pathology and histology laboratories, glutaraldehyde could be used in the application of tissue fixation.
However, X-ray developers, laboratory workers, pharmacy personnel, hospital staff, and other end users of glutaraldehyde may suffer from certain long-term and short-term negative health effects of the chemical. This could act as a growth restraint of the global glutaraldehyde market.
Growth Obstacles in Global Glutaraldehyde Market
Market Segments
By Product Type
● Glutaraldehyde 50%
● Glutaraldehyde 25%
By Application
● Pharmaceuticals
● Sterilization
● Others
On the basis of product type, the global glutaraldehyde market is segmented into glutaraldehyde 25% and glutaraldehyde 50%. According to experts in the chemicals industry, glutaraldehyde 50% could be used as a cross-linking agent for polyheptapeptides, polyvinyl alcohol, and gelatin. Based on application, the global glutaraldehyde market is segmented into sterilization, pharmaceuticals, and others. Glutaraldehyde finds application in the disinfection of surgical instruments that cannot be sterilized using heat. It is also used to disinfect physical therapy whirlpool tubs, bronchoscopes, and respiratory therapy equipment.
Regional Analysis
By Region
In the near future, Europe and North America are anticipated to show substantial growth in the global glutaraldehyde market. European countries such as France, Norway, and the UK could significantly increase the demand for glutaraldehyde in the coming years. Market researchers predict Asia Pacific to create growth opportunities in the glutaraldehyde market on the back of key countries such as India, Japan, China, and Australia. The report offers exhaustive analysis of all important regions and countries and shows how they are performing in the global glutaraldehyde market. Each regional market is comprehensively researched about in the report with large focus on its market share, recent developments, future growth potential, and other significant factors.
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