New York, NY -- (SBWIRE) -- 07/31/2019 -- It provides historical analysis and evaluates the trends observed in the data gathered to speculate the growth in its size, share, demand, total earnings, and revenue. It considers the years 2016 and 2017 to collect historical data while 2018 acts as the base year, to draw predictions for the years 2019 to 2026. This study indicates a stable CAGR in the forecast duration and discusses those sectors that might boost the growth of the industry.
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Glutaraldehyde is a disinfectant, fixative, preservative, and medication, which is typically sold under the brand name of Cidex and Glutaral among others in the form of an organic liquid compound. Due to its properties – formaldehyde-free, non-carcinogenic, biodegradable, non-bio-accumulative, non-persistent – it is used in water treatment plants and hospitals. It is usually used as a solution to sterilize medical equipment along with other areas of hospitals. A 10% w/w solution of Glutaraldehyde is used as a medication to treat warts on the bottom of the feet. It is also used as a preservative in cosmetics. Another interesting fact is that Glutaraldehyde is on the World Health Organization's list of essential medicines; the list includes names of the most effective and safe medicines that are an integral part of the healthcare system.
The restraint on the Glutaraldehyde market is the concern of safety. Glutaraldehyde can cause side effects such as skin irritation. If exposed to large amounts, it can cause headache, nausea, and difficulty in breathing. Even 1% of Glutaraldehyde can be poisonous to both humans and animals. Glutaraldehyde market will continue to grow at a steady pace as it is widely used in Biocides, Aquaculture, Microscopy, Tanning, and Cleaning Agent in the food & beverages industry. Other industries, such as paper, pulp, and rising concerns for animal health might also give rise to several opportunities.
Currently, major shares of the Glutaraldehyde business are with Europe, followed by North America. The demand is expected to decrease in Europe and an increase in the Asia Pacific in the upcoming years with the leaders being China and India due to their rapid economic growth.
Some of the key findings from our Glutaraldehyde market forecast
The report highlights the prominent areas of the Glutaraldehyde market and evaluates the trends observed in the historical data to conduct an assessment and give a prediction. The document divides the industry based on the product as Glutaraldehyde 25%, Glutaraldehyde 50%, based on the application as Pharmaceuticals, Sterilization Healthcare, Fixative, Biocides, Cleaning Agent, Water Treatment, Cosmetics, Aquaculture, Microscopy, Tanning, and others to help the reader formulate better business plans and strategies to implement in the future. The demand for the Glutaraldehyde, particularly in healthcare, is speculated to bring about a stable growth rate in the coming years due to its cold disinfection properties. The healthcare and water treatment industry account for the larger share in the overall market of Glutaraldehyde. The study highlights the past data, current trends, and recent developments of the business to predict the growth of the market.
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Global Glutaraldehyde market overview:
The Global Glutaraldehyde market is speculated to grow steadily in the upcoming years. This study offers an analysis of the trends recorded in the historical years to predict the rise in the size, share, demand, gross profits, earnings, and revenue in the upcoming years. The key players profiled here are BASF, Dow Chemicals, Union Carbide, Finoric, Laohekou Jinghong Chemical, AppliChem, AerChem, JSL Chemical, Electron Microscopy Sciences, Hubei Xinjing New Material, and others. The geographical regions mapped in this report are North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. This examination gives an in-depth outlook of the global landscape to guide the investors in making well-informed executive decisions.
The top players in the market include:
- BASF
- Dow Chemicals
- Union Carbide
- Finoric
- Laohekou Jinghong Chemical
- AppliChem
- AerChem
- JSL Chemical
- Electron Microscopy Sciences
- Hubei Xinjing New Material
Market segment based on product:
- Glutaraldehyde 25%
- Glutaraldehyde 50%
Market segment based on Application:
- Pharmaceuticals
- Sterilization
- Healthcare
- Fixative
- Biocides
- Cleaning Agent
- Water Treatment
- Cosmetics
- Aquaculture
- Microscopy
- Tanning
Market segment by Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
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