The Embalming Fluid Market is expected to reach USD 14.91 Billion by 2028, according to a new report by Reports and Data. Embalming is the process of preserving the cadavers to delay the decomposition so that the cadavers can be used for various studies in the scientific and medical field. Embalming is also used to preserve the corpses for various other reasons including the preserving corpses of eminent personalities for showcasing the public. The chemicals used for embalming are called Embalming Fluid.
Professionals and practitioners in the medical sector need to practically examine the human body parts and organs to have a more precise and in-depth understanding of the functioning of the human body as well various ailments and disorders of the human body. Embalming plays a vital role in such cases by preserving the cadavers of deceased humans so that researchers can study the cause of death and various other things of professional interest.
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There has been a growing demand to delay the decaying of dead bodies for personal and public reasons, which in turn would fuel the market demand for Embalming Fluid.
A growing trend for green funerals attributing to the harmful effects of Embalming Fluid is estimated to hinder the market growth of Embalming Fluid.
Key participants include Dodge, Champion, Frigid Fluid, Pierce Chemicals, Trinity Fluids, Green Tech Enterprise, European Embalming Products, ESCO, Shanghai Yezeal Biotechnology Company, Arlington Chemical Company Inc., and Thomasnet among others.
Market Overview:
A material is a substance or a mixture of substances that makes up an object. In the manufacturing process, materials are employed as inputs to make items or more complicated materials. Businesses that create industrial chemicals make up the chemical industry. In this industry, chemical reactions and refining technologies are utilised to transform fundamental resources such as oil, air, water, natural gas, metals, and minerals into thousands of various products. The materials and chemicals industry trends range from solutions for surface engineering, lightweighting, sustainability, nano-formulations (biomaterials), 3D printing, and developing advanced composites to meet the changing industry demands.
To identify the key trends in the industry, click on the link below:
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Further key findings from the report suggest
- The market for formaldehyde occupies the largest market share in the year 2020, but the awareness among the people regarding the ill-effects of formaldehyde is expected to have an impact on the market dominance of this chemical.
- Funeral homes are projected to contribute to the largest market share with a CAGR of 2.32% during the forecast period with USD 6.37 billion in 2020. This can be attributed to the growing demand by the near and dear ones of the deceased person, to pay a final visit to the late person and thereby requiring the need to delay the decaying process of the corpse. Hospital
- The Embalming Fluid market for preservative application is expected to contribute to the largest market share during the forecast period with a market size of USD 6.55 billion in 2020.
- The market in North America is expected to have the largest market share in the forecast period owing to the massive demand of embalming chemical in the region for various reasons including the need to bid a final farewell to the late person in a grand manner.
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For the purpose of this report, Reports and Data have segmented global Embalming Fluid market on the basis of type, fluids, response, process steps, application, end-user, and region:
Chemical Type Outlook (Volume, Kilo Tons; and Revenue, USD Million; 2020-2028)
- Formaldehyde
- Phenol
- Ethanol
- Mixtures
Application Outlook (Volume, Kilo Tons; and Revenue, USD Million; 2020-2028)
- Preservatives
- Germicides
- Anti-Coagulants
- Surfactants
- Others
End-user Outlook (Volume, Kilo Tons; and Revenue, USD Million; 2020-2028)
- Funeral Homes
- Hospitals
- Pathological Institutes
- Anatomical Institutes
- University Medical Centers
- Others
Regional Outlook (Volume, Kilo Tons; and Revenue, USD Million; 2020-2028)
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
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