Global Embalming Chemicals Market is expected to grow with a CAGR of 2.5% during the forecast period of 2017 to 2022. The embalming mixtures segment garnered the highest revenue share in the global embalming chemicals market.
The art and science of preserving human remains by treating them with chemicals, to forestall decomposition, is referred to as embalming. Embalming is carried out with an intention to keep the cadaver suitable for public display at a funeral, for religious reasons, or for medical and scientific purposes such as their use as anatomical specimens. Sanitation/disinfection, temporary preservation, and restoration are the tripods governing the basic concept of embalming. A variety of preservatives, sanitizing & disinfectant agents, and additives are used in modern embalming to temporarily prevent the decomposition and restore natural appearance for viewing a body after death. Such embalming chemicals primarily consist of solutions and mixtures containing formaldehyde, paraformaldehyde, glutaraldehyde, ethanol and phenol. Embalming has a very long and cross-cultural history, with many cultures giving the embalming processes a religious scope. In today’s world, embalming is commonly practiced in North America and New Zealand while it is somewhat less frequent in Europe.
The global embalming chemicals market has witnessed notable growth in the recent years. The increasing trend of preserving the body for display at funerals is the key market determinant fueling the growth of global embalming chemicals market. Moreover, the need to keep the cadavers suitable for medical and scientific purposes is also a prime determinant driving the market growth. In addition, the requirement of preserving the body until all the legal requirements and clinical investigations have been done is boosting the market growth. However, the carcinogenic effects of certain embalming chemicals is anticipated to hamper the market growth. The market players are coming up with suitable alternatives that are diminishing the existing market of embalming chemicals.
GLOBAL EMBALMING CHEMICALS MARKET SIZE STATUS AND OUTLOOK (2012-2022)
The global embalming chemicals market is segmented on the basis of type, application, and geography. By type, the market is segmented into formaldehyde, phenol, ethanol, and mixtures. On the basis of application, the market is segmented into university medical centers, anatomical institutes, pathological institutes, hospitals, and funeral homes. Geography wise, the market is segmented into North America, China, Europe, Japan, South east Asia, India, South America, and Middle East and Africa. North America was the largest revenue generator in the embalming chemicals market, in 2016, by holding nearly half of the global market share. However, China is anticipated to grow with the highest CAGR of 3.5% during the forecast period.
JAPAN EMBALMING CHEMICALS CAPACITY, PRODUCTION AND REVENUE, 2012-2017
Some prominent market players are Champion, Dodge, Pierce Chemicals, Frigid Fluid, European Embalming, ESCO, Trinity Fluids, Green tech enterprise, and Shanghai Yezeal Biotechnology Company.
GLOBAL EMBALMING CHEMICALS MARKET SEGMENTATION
• University medical centers
• Anatomical institutes
• Pathological institutes
• Funeral homes
• North America
• South east Asia
• South America
• Middle East and Africa
KEY MARKET PLAYERS
• Pierce Chemicals
• Frigid Fluid
• European Embalming
• Trinity Fluids
• Green tech enterprise
• Shanghai Yezeal Biotechnology Company