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Global Technical Enzymes Market Insights and Forecast to 2028

SKU ID : QYR-19941936 | Publishing Date : 11-Jan-2022 | No. of pages : 95

Enzymes are protein molecules functioning as specialized catalysts for chemical reactions. They have contributed greatly to the traditional and modern chemical industry by improving existing processes.

Technical enzymes are typically used as bulk enzymes in textile, pulp and paper industries, organic synthesis and biofuels industry.
Market Analysis and Insights: Global Technical Enzymes Market
Due to the COVID-19 pandemic, the global Technical Enzymes market size is estimated to be worth US$ 2391.3 million in 2022 and is forecast to a readjusted size of US$ 2583.9 million by 2028 with a CAGR of 1.3% during the review period. Fully considering the economic change by this health crisis, Amylases accounting for % of the Technical Enzymes global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Detergents segment is altered to an % CAGR throughout this forecast period.
Global Technical Enzymes key players include Novozymes, DuPont, BASF, Associated British Foods, etc. Global top four manufacturers hold a share about 85%.
Europe is the largest market, with a share over 45%, followed by North America and China, both have a share over 35 percent.
In terms of product, Amylases is the largest segment, with a share about 37%. And in terms of application, the largest application is Detergents, followed by Bioethanol, Paper & Pulp, Textile & Leather, etc.
In terms of production side, this report researches the Technical Enzymes capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Technical Enzymes by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Technical Enzymes Scope and Segment
Technical Enzymes market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Technical Enzymes market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.

Segment by Type

Amylases
Cellulases
Proteases
Lipases
Other

Segment by Application

Detergents
Bioethanol
Paper & Pulp
Textile & Leather
Other

By Company

Novozymes
DuPont
BASF
Associated British Foods
DSM
VTR Bio-Tech
Advanced Enzyme Technologies
SunHY
MAPS Enzyme
Production by Region
North America
Europe
China
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.