Embalming Fluid Market Size

Embalming Fluid Market size was valued at USD 6.31 Billion in 2023 and is likely to cross USD 12.2 Billion by the end of 2036, registering more than 5.2% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of embalming fluid is estimated at USD 6.61 Billion. The market growth is mainly owing to the increasing demand for preservatives for organ and body part preservation in hospitals and evidence preservation in police stations. An embalming solution is a chemical used to temporarily prevent spoilage. Rising demand for embalming solutions in hospitals for preserving organs from donors is estimated to fuel the growth of the market. According to the Global Observatory on Donation and Transplantation, worldwide in the year 2019, 41,860 organs were donated to deceased people.

Additionally, increasing adoption of preservatives for corpse preservation in funeral homes is expected to boost the market growth. In addition, various uses of these chemicals, such as, regulating water hardness, removing excess water from the body and inactivating chemotherapy drugs, are expected to drive the market growth over the forecast period. It was noted that in the year 2022, over 42,000 transplants had been performed. Embalming is the process of chemically preserving tissue using chemical fixatives such as formalin and other liquids that can interfere with toxicological analysis. Common ingredients in embalming solutions include formaldehyde, methanol, sodium borate, sodium nitrate, glycerin, dyes, and water.