Technical Enzymes - Global Market Outlook (2018-2027)

According to Stratistics MRC, the Global Technical Enzymes market is accounted for $1.05 billion in 2018 and is expected to reach $1.64 billion by 2027 growing at a CAGR of 5.0% during the forecast period. Some of the key factors such as increase in demand for bio fuel and growth in environmental concerns are driving the market growth. However, stringent regulatory framework is the restraining factor for the growth of the market.

Technical enzymes are mostly used in industrial applications. In addition, the known applications in the food industry are expected to fuel the market development to a greater extent. The technical enzymes are mainly used for fats, splitting of carbohydrates, or proteins in the food industry. Moreover, it is also used in the production of textile, in which the jeans stoning sector is expected to produce lucrative opportunities for the manufacturers functioning in the technical enzymes market.

By end user, starch processing segment is expected to grow at the significant market share during the forecast period due to the presence of enzymes that are capable to quickly decrease the viscosity of starch slurries to make possible further processing and handling.

On the basis of geography, North America is anticipated to hold considerable market share during the forecast period due to the technological advancements that have made technical enzymes available for a wide range of applications in bio fuel, textile & leather, paper & pulp, starch processing, and other industries, which is estimated to make the increase in the region.

Some of the key players in Technical Enzymes Market include BASF, Advanced Enzymes Technologies, Aumgene Biosciences, Creative Enzymes, Denykem, DSM, Dupont, Enzymatic Deinking Technologies, Epygen Labs, Maps Enzymes, Megazyme, Novozymes, Sunson Industry Group, TEX Biosciences and Transbiodiesel.

Forms Covered:
• Dry (Powder & Granular)
• Liquid

Types Covered:
• Lipases
• Cellulases
• Proteases
• Amylases
• Phytases
• Other Types

Sources Covered:
• Animal
• Plant
• Microorganism

End Users Covered:
• Bioethanol
• Biofuel
• Detergents
• Paper & Pulp
• Textiles & Leather
• Starch Processing
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand      
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances