Market Overview:
The global enzymes for biofuels market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for biofuels across the globe. Bioethanol is projected to be the fastest-growing application segment in the global enzymes for biofuels market during the forecast period. North America is expected to dominate the global enzymes for biofuels market in terms of revenue during 2018-2030.
Product Definition:
Enzymes are proteins that catalyze chemical reactions in the body. Enzymes for biofuels break down cellulose into glucose and other simple sugars which can be fermented into ethanol or biodiesel. The enzymes are important for biofuels because they allow us to use non-food crops like switchgrass and corn stover to produce fuel.
Amylases:
Amylases are starch- digesting enzymes. They are used for hydrolyzing the Amylose polysaccharide to smaller sizes of carbohydrates such as maltose and glucose. The resulting maltodextrin and glucose syrup is an important feedstock for biofuel production.
Cellulases:
Cellulases are naturally occurring enzymes that are used to hydrolyze cellulosic polymers. Cellulases find application in various industries such as food & beverages, pharmaceuticals, and cosmetics among others. The growing demand for biofuels on account of rising concerns regarding the depletion of fossil fuel is expected to be a key factor driving the global market growth over the forecast period.
Application Insights:
Bioethanol emerged as the dominant application segment in the global enzymes for biofuels market, accounting for over 45% of total revenue share in 2017. The segment is expected to retain its dominance throughout the forecast period owing to rising demand from emerging economies such as Brazil, China and India. These countries are moving from a sugarcane based ethanol production to a renewable source of energy i.e., cellulose-based ethanol which requires less processing and produces fewer emissions during its production process compared to other fossil fuels such as gasoline or diesel produced from sugarcane or crude oil.
The growing importance of bioethanol derived from agricultural products such as corn, sugarcane and soybean is projected to augment product demand over the forecast period especially in North America.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to maintain its position during the forecast period due to increasing focus on developing biofuel infrastructure and rising awareness among consumers regarding environmental impacts of petroleum-based fuels. In addition, supportive government regulations are also anticipated to propel industry growth over the next eight years.
Asia Pacific is projected to witness significant growth over the coming years owing to rapid industrialization and urbanization coupled with increasing disposable income levels in emerging economies such as China and India. These factors have resulted into increased demand for energy resources, which will further boost product penetration across end-use industries such as automotive, construction & housing etc.
Growth Factors:
- Increasing demand for biofuels: The global demand for biofuels is increasing rapidly due to the rising concerns over climate change and energy security. This is expected to drive the growth of the enzymes market for biofuels in the coming years.
- Rising investments in research and development: The major players in the enzymes market are investing heavily in research and development to develop new and better enzyme products that can be used for producing biofuels. This is expected to help boost the growth of this market in the coming years.
- Growing awareness about benefits of biofuels: There is a growing awareness among consumers about the benefits of using biofuels as a source of energy, which is helping fuel demand for these fuels globally. This is likely to spur growth prospects for enzymes used in their production over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Enzymes for Biofuels Market Research Report
By Type
Amylases, Cellulases, Others
By Application
Bioethanol, Biodiesel, Others
By Companies
Novozymes, DuPont, DSM, BASF, Guangdong VTR Bio-Tech
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
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Enzymes for Biofuels Market Report Segments:
The global Enzymes for Biofuels market is segmented on the basis of:
Types
Amylases, Cellulases, Others
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
Bioethanol, Biodiesel, 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:
- Novozymes
- DuPont
- DSM
- BASF
- Guangdong VTR Bio-Tech
Highlights of The Enzymes for Biofuels 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:
- Amylases
- Cellulases
- Others
- By Application:
- Bioethanol
- Biodiesel
- 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 Enzymes for Biofuels 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Enzymes are proteins that catalyze chemical reactions in the body. Enzymes can be used to convert biomass into fuels such as gasoline, diesel, and jet fuel.
Some of the major companies in the enzymes for biofuels market are Novozymes, DuPont, DSM, BASF, Guangdong VTR Bio-Tech.
The enzymes for biofuels market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Enzymes for Biofuels 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 Enzymes for Biofuels Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Enzymes for Biofuels 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 Enzymes for Biofuels 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 Enzymes for Biofuels Market Size & Forecast, 2020-2028
4.5.1 Enzymes for Biofuels Market Size and Y-o-Y Growth
4.5.2 Enzymes for Biofuels Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Amylases
5.2.2 Cellulases
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Bioethanol
6.2.2 Biodiesel
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Enzymes for Biofuels 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 Enzymes for Biofuels 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Amylases
9.6.2 Cellulases
9.6.3 Others
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 Market Size Forecast by Applications
9.10.1 Bioethanol
9.10.2 Biodiesel
9.10.3 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Amylases
10.6.2 Cellulases
10.6.3 Others
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 Market Size Forecast by Applications
10.10.1 Bioethanol
10.10.2 Biodiesel
10.10.3 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Amylases
11.6.2 Cellulases
11.6.3 Others
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 Market Size Forecast by Applications
11.10.1 Bioethanol
11.10.2 Biodiesel
11.10.3 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Amylases
12.6.2 Cellulases
12.6.3 Others
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 Market Size Forecast by Applications
12.10.1 Bioethanol
12.10.2 Biodiesel
12.10.3 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Amylases
13.6.2 Cellulases
13.6.3 Others
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) Market Size Forecast by Applications
13.10.1 Bioethanol
13.10.2 Biodiesel
13.10.3 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 Enzymes for Biofuels Market: Competitive Dashboard
14.2 Global Enzymes for Biofuels Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Novozymes
14.3.2 DuPont
14.3.3 DSM
14.3.4 BASF
14.3.5 Guangdong VTR Bio-Tech
