Market Overview:
The global embalming fluid market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as an increase in the number of deaths due to accidents and diseases, rising demand for funeral services, and increasing awareness about embalming among people. The global embalming fluid market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into below 10% methanol, 10%-20% methanol, 21%-30% methanol, 31%-40% methanol 41%-50%, and above 50%. % methanol. On the basis of application, funeral homes account for a major share of the global embalming fluid market followed by government and police stations hospitals Others). Regionally North America accounts for a major share followed by Europe Asia Pacific Latin America Middle East & Africa).
Product Definition:
Embalming fluid is a solution of formaldehyde in water, used to preserve human remains. It is injected into the arteries and tissues, then removed from the body.
Below 10% Methanol:
Below 10% methanol is a type of embalming fluid used in the process of Funeral Service Industry. It is also known as formalin, and it's primary function is to stop the decomposition of organic tissues. Embalming fluids have varied uses in different funeral services such as casketing, transportation, dressing & preparation for viewing (theater), wake/viewing (private) and internment services.
10%-20% Methanol:
10%-20% methanol is a colorless and highly flammable liquid used as an antifreeze in the food & beverage industry, chemical synthesis, and for embalming fluids.
Application Insights:
The government and police station application segment led the global embalming fluid market in 2017. The demand for the product is increasing at police stations, sheriff ¢â‚¬â„¢s departments, state governments and local authorities due to its ability to preserve biological evidence. In addition, it helps in maintaining ideal body temperature which prevents post-mortem changes.
Hospital application is expected to be the fastest-growing segment over the forecast period owing to rising awareness about advanced embalming techniques that help reduce decomposition of bodies while maintaining organs functionality. This has resulted in increased adoption of these fluids by hospitals across countries such as India, China and Indonesia where there are a large number of deaths due to infectious diseases every year.
Regional Analysis:
North America held the largest revenue share of over 35.0% in 2017, owing to the presence of a large number of cadaveric fluid manufacturing companies and suppliers in this region. The U.S., being one of the most developed countries, has a well-established healthcare system and infrastructure that enables high-quality medical treatments to its citizens; as a result, it attracts many foreign investors looking for opportunities in other markets around the world. This is also expected to drive industry expansion over the forecast period.
Asia Pacific is anticipated to witness significant growth during the forecast period due to increasing government initiatives for improving healthcare facilities across various countries such as China and India; these factors are expected lead towards an increase demand embalming fluids during 2018 - 2030 periods at a CAGR exceeding 6%.
Growth Factors:
- Increasing demand for embalming fluid in the funeral industry as a result of increasing population and life expectancy.
- Rising awareness about the benefits of embalming fluid among people, especially in developing countries.
- Technological advancements in the production of embalming fluids that make them more effective and efficient.
- Growing popularity of cremation as an alternative to traditional burial ceremonies, which is driving demand for embalming fluids globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Embalming Fluid Market Research Report
By Type
Below 10% Methanol, 10%-20% Methanol, 21%-30% Methanol, 31%-40% Methanol, 41%-50% Methanol, Above 50% Methanol
By Application
Funeral Homes, Government and Police Station, Hospital, Others
By Companies
The Champion Company, The Dodge Company, Pierce Chemicals, Frigid Fluid, ESCO, Trinity Fluids, Kelco Supply Company, Arlington Bondol, The Champion Company
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
163
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Embalming Fluid Market Report Segments:
The global Embalming Fluid market is segmented on the basis of:
Types
Below 10% Methanol, 10%-20% Methanol, 21%-30% Methanol, 31%-40% Methanol, 41%-50% Methanol, Above 50% Methanol
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Funeral Homes, Government and Police Station, Hospital, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- The Champion Company
- The Dodge Company
- Pierce Chemicals
- Frigid Fluid
- ESCO
- Trinity Fluids
- Kelco Supply Company
- Arlington Bondol
- The Champion Company
Highlights of The Embalming Fluid Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Below 10% Methanol
- 10%-20% Methanol
- 21%-30% Methanol
- 31%-40% Methanol
- 41%-50% Methanol
- Above 50% Methanol
- By Application:
- Funeral Homes
- Government and Police Station
- Hospital
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Embalming Fluid Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Embalming fluid is a type of solvent that is used to preserve the body after death. It helps to remove fluids and tissues from the body, which prevents decomposition.
Some of the key players operating in the embalming fluid market are The Champion Company, The Dodge Company, Pierce Chemicals, Frigid Fluid, ESCO, Trinity Fluids, Kelco Supply Company, Arlington Bondol, The Champion Company.
The embalming fluid market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Embalming Fluid Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Embalming Fluid Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Embalming Fluid Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Embalming Fluid Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Embalming Fluid Market Size & Forecast, 2018-2028
4.5.1 Embalming Fluid Market Size and Y-o-Y Growth
4.5.2 Embalming Fluid Market Absolute $ Opportunity
Chapter 5 Global Embalming Fluid Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Embalming Fluid Market Size Forecast by Type
5.2.1 Below 10% Methanol
5.2.2 10%-20% Methanol
5.2.3 21%-30% Methanol
5.2.4 31%-40% Methanol
5.2.5 41%-50% Methanol
5.2.6 Above 50% Methanol
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Embalming Fluid Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Embalming Fluid Market Size Forecast by Applications
6.2.1 Funeral Homes
6.2.2 Government and Police Station
6.2.3 Hospital
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Embalming Fluid Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Embalming Fluid Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Embalming Fluid Analysis and Forecast
9.1 Introduction
9.2 North America Embalming Fluid Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Embalming Fluid Market Size Forecast by Type
9.6.1 Below 10% Methanol
9.6.2 10%-20% Methanol
9.6.3 21%-30% Methanol
9.6.4 31%-40% Methanol
9.6.5 41%-50% Methanol
9.6.6 Above 50% Methanol
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Embalming Fluid Market Size Forecast by Applications
9.10.1 Funeral Homes
9.10.2 Government and Police Station
9.10.3 Hospital
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Embalming Fluid Analysis and Forecast
10.1 Introduction
10.2 Europe Embalming Fluid Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Embalming Fluid Market Size Forecast by Type
10.6.1 Below 10% Methanol
10.6.2 10%-20% Methanol
10.6.3 21%-30% Methanol
10.6.4 31%-40% Methanol
10.6.5 41%-50% Methanol
10.6.6 Above 50% Methanol
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Embalming Fluid Market Size Forecast by Applications
10.10.1 Funeral Homes
10.10.2 Government and Police Station
10.10.3 Hospital
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Embalming Fluid Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Embalming Fluid Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Embalming Fluid Market Size Forecast by Type
11.6.1 Below 10% Methanol
11.6.2 10%-20% Methanol
11.6.3 21%-30% Methanol
11.6.4 31%-40% Methanol
11.6.5 41%-50% Methanol
11.6.6 Above 50% Methanol
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Embalming Fluid Market Size Forecast by Applications
11.10.1 Funeral Homes
11.10.2 Government and Police Station
11.10.3 Hospital
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Embalming Fluid Analysis and Forecast
12.1 Introduction
12.2 Latin America Embalming Fluid Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Embalming Fluid Market Size Forecast by Type
12.6.1 Below 10% Methanol
12.6.2 10%-20% Methanol
12.6.3 21%-30% Methanol
12.6.4 31%-40% Methanol
12.6.5 41%-50% Methanol
12.6.6 Above 50% Methanol
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Embalming Fluid Market Size Forecast by Applications
12.10.1 Funeral Homes
12.10.2 Government and Police Station
12.10.3 Hospital
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Embalming Fluid Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Embalming Fluid Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Embalming Fluid Market Size Forecast by Type
13.6.1 Below 10% Methanol
13.6.2 10%-20% Methanol
13.6.3 21%-30% Methanol
13.6.4 31%-40% Methanol
13.6.5 41%-50% Methanol
13.6.6 Above 50% Methanol
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Embalming Fluid Market Size Forecast by Applications
13.10.1 Funeral Homes
13.10.2 Government and Police Station
13.10.3 Hospital
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Embalming Fluid Market: Competitive Dashboard
14.2 Global Embalming Fluid Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 The Champion Company
14.3.2 The Dodge Company
14.3.3 Pierce Chemicals
14.3.4 Frigid Fluid
14.3.5 ESCO
14.3.6 Trinity Fluids
14.3.7 Kelco Supply Company
14.3.8 Arlington Bondol
14.3.9 The Champion Company
