Global Technical Enzymes Market Insights and Forecast to 2028
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
Segment by Application
Paper & Pulp
Textile & Leather
Associated British Foods
Advanced Enzyme Technologies
Production by Region
Consumption by Region
Middle East & Africa
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.