Market Overview:
The global technical enzymes market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for bioethanol and detergents, and rising awareness about the benefits of technical enzymes. The global technical enzymes market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into amylases, cellulases, proteases, lipases, and other enzymes. The amylase segment is expected to account for a major share of the global technical enzymes market in 2018 owing to its wide range of applications in food & beverage processing industries.
Product Definition:
A technical enzyme is a molecule that catalyzes a specific biochemical reaction. Technical enzymes are used in the production of many different types of products, including foods, drugs, and plastics. They are also used in environmental remediation and in the biotechnology industry.
Amylases:
Amylases are used for hydrolyzing the Amylose that is found in starch. Amylase is an enzyme that catalyzes the conversion of amylose into sugar syrup and dextrose. It also helps to remove inhibitors from the reaction mixture, thus increasing its rate of occurrence.
Cellulases:
Cellulases are used in the production of many technical enzymes such as amylases, cellulase, and lactase. These enzymes play an important role in catalyzing the breakdown of cellulosic material to form sugars. Cellulases are also used for other purposes such as research & development studies and manufacturing processes.
Application Insights:
Detergents were the largest application segment in 2017 and is projected to witness significant growth over the forecast period. Detergent enzymes help remove soil, protein, oil and grease from fabrics. The rising demand for washing machines across developing countries is expected to have a positive impact on industry growth over the next eight years.
Paper & pulp was another prominent application segment accounting for a share of 15% in 2017 owing to increasing demand for paper from packaging sector worldwide. Enzymes such as lipases, peroxidases and de-oiling agents are used along with bleaching earths and other additives to improve printability, brightness and color of paper produced.
Regional Analysis:
Asia Pacific was the largest market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from detergent, bio-based ethanol, paper & pulp and textile & leather applications. China is one of the major producers as well as consumers of technical enzymes across this region owing to presence of a large number of enzyme manufacturing companies in that country.
The Latin American market for technical enzymes is also anticipated to witness significant growth over the coming years due to increasing focus on biotechnology sector by various countries including Brazil, Mexico and Argentina among others which will lead them towards becoming major players in global arena.
Growth Factors:
- Increasing demand for enzymes in the food and beverage industry as a result of growing awareness about the health benefits of enzymes.
- Rising demand for enzymes from the detergent and cleaning products industry due to increasing consumer awareness about environmental sustainability.
- Growing demand for enzymes from the pharmaceuticals industry due to their use in drug discovery and development processes.
- Increasing application of enzymes in biofuel production as a result of rising concerns about climate change and energy security issues worldwide 5) Growing research on novel applications of enzymes that would open up new markets for these biocatalysts
Scope Of The Report
Report Attributes
Report Details
Report Title
Technical Enzymes Market Research Report
By Type
Amylases, Cellulases, Proteases, Lipases, Other
By Application
Detergents, Bioethanol, Paper & Pulp, Textile & Leather, Other
By Companies
Novozymes, DowDuPont, BASF, Associated British Foods, DSM, VTR Bio-Tech, Advanced Enzyme Technologies, SunHY, MAPS Enzyme
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Technical Enzymes Market Report Segments:
The global Technical Enzymes market is segmented on the basis of:
Types
Amylases, Cellulases, Proteases, Lipases, Other
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
Detergents, Bioethanol, Paper & Pulp, Textile & Leather, Other
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
- DowDuPont
- BASF
- Associated British Foods
- DSM
- VTR Bio-Tech
- Advanced Enzyme Technologies
- SunHY
- MAPS Enzyme
Highlights of The Technical Enzymes 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
- Proteases
- Lipases
- Other
- By Application:
- Detergents
- Bioethanol
- Paper & Pulp
- Textile & Leather
- Other
- 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 Technical Enzymes 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?
Technical enzymes are proteins that catalyze chemical reactions in the body. They are important for breaking down food into energy and building new molecules.
Some of the major players in the technical enzymes market are Novozymes, DowDuPont, BASF, Associated British Foods, DSM, VTR Bio-Tech, Advanced Enzyme Technologies, SunHY, MAPS Enzyme.
The technical enzymes market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Technical Enzymes Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Technical Enzymes Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Technical Enzymes Market - Supply Chain
4.5. Global Technical Enzymes Market Forecast
4.5.1. Technical Enzymes Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Technical Enzymes Market Size (000 Units) and Y-o-Y Growth
4.5.3. Technical Enzymes Market Absolute $ Opportunity
5. Global Technical Enzymes Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Technical Enzymes Market Size and Volume Forecast by Type
5.3.1. Amylases
5.3.2. Cellulases
5.3.3. Proteases
5.3.4. Lipases
5.3.5. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Technical Enzymes Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Technical Enzymes Market Size and Volume Forecast by Application
6.3.1. Detergents
6.3.2. Bioethanol
6.3.3. Paper & Pulp
6.3.4. Textile & Leather
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Technical Enzymes Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Technical Enzymes Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Technical Enzymes Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Technical Enzymes Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Technical Enzymes Demand Share Forecast, 2019-2026
9. North America Technical Enzymes Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Technical Enzymes Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Technical Enzymes Market Size and Volume Forecast by Application
9.4.1. Detergents
9.4.2. Bioethanol
9.4.3. Paper & Pulp
9.4.4. Textile & Leather
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Technical Enzymes Market Size and Volume Forecast by Type
9.7.1. Amylases
9.7.2. Cellulases
9.7.3. Proteases
9.7.4. Lipases
9.7.5. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Technical Enzymes Demand Share Forecast, 2019-2026
10. Latin America Technical Enzymes Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Technical Enzymes Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Technical Enzymes Market Size and Volume Forecast by Application
10.4.1. Detergents
10.4.2. Bioethanol
10.4.3. Paper & Pulp
10.4.4. Textile & Leather
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Technical Enzymes Market Size and Volume Forecast by Type
10.7.1. Amylases
10.7.2. Cellulases
10.7.3. Proteases
10.7.4. Lipases
10.7.5. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Technical Enzymes Demand Share Forecast, 2019-2026
11. Europe Technical Enzymes Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Technical Enzymes Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Technical Enzymes Market Size and Volume Forecast by Application
11.4.1. Detergents
11.4.2. Bioethanol
11.4.3. Paper & Pulp
11.4.4. Textile & Leather
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Technical Enzymes Market Size and Volume Forecast by Type
11.7.1. Amylases
11.7.2. Cellulases
11.7.3. Proteases
11.7.4. Lipases
11.7.5. Other
11.8. Basis Point Shae (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Technical Enzymes Demand Share, 2019-2026
12. Asia Pacific Technical Enzymes Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Technical Enzymes Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Technical Enzymes Market Size and Volume Forecast by Application
12.4.1. Detergents
12.4.2. Bioethanol
12.4.3. Paper & Pulp
12.4.4. Textile & Leather
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Technical Enzymes Market Size and Volume Forecast by Type
12.7.1. Amylases
12.7.2. Cellulases
12.7.3. Proteases
12.7.4. Lipases
12.7.5. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Technical Enzymes Demand Share, 2019-2026
13. Middle East & Africa Technical Enzymes Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Technical Enzymes Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Technical Enzymes Market Size and Volume Forecast by Application
13.4.1. Detergents
13.4.2. Bioethanol
13.4.3. Paper & Pulp
13.4.4. Textile & Leather
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Technical Enzymes Market Size and Volume Forecast by Type
13.7.1. Amylases
13.7.2. Cellulases
13.7.3. Proteases
13.7.4. Lipases
13.7.5. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Technical Enzymes Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Technical Enzymes Market: Market Share Analysis
14.2. Technical Enzymes Distributors and Customers
14.3. Technical Enzymes Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Novozymes
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. DowDuPont
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BASF
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Associated British Foods
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. DSM
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. VTR Bio-Tech
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Advanced Enzyme Technologies
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. SunHY
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. MAPS Enzyme
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
