The Technical Enzymes Market size is projected to grow from $1.1 billion in 2019 to $1.5 billion in 2026, recording an average annual growth rate (CAGR) of 4% over the forecast period. The growing trend of environmental issues in developing countries and the development of R&D activities for technological enzymes are the main factors expected to drive the growth of this market during the forecast period.
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Key Market Players
Key vendors in the global market include BASF (Germany), DuPont (US), Associated British Foods (UK), Novozymes (Denmark), DSM (Netherlands), Dyadic International (US), Advanced Enzymes Technologies (India), Maps Enzymes (India), Epygen Labs (India), Megazyme (Ireland), Aumgene Biosciences (India), Enzymatic Deinking Technologies (US), Tex Biosciences (India), Denykem (UK), MetGen (Finland), and Creative Enzymes (US). These players have a broad industry coverage and high operational and financial strength.
Technical Enzymes Market Segments:
By industry
• Biofuel
• Starch processing
• Textiles & leather
• Paper & pulp
• Other industries (cosmetics, wastewater treatment, and oil field & fine chemicals)
By form
• Liquid
• Dry
By type
• Amylases
• Cellulases
• Proteases
• Lipases
• Other types (pectinases, xylanases, catalases, laccases, and mannanases)
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• We cover more than 15 major industries, further segmented into more than 90 sectors.
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
