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Urease Market Revenue, Opportunity, Forecast and Value Chain 2016-2024
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The urease market is primarily driven by its increasing use in the industrial applications such as biosensors. Since plant sourced urease results in less toxicity and almost no side effects further benefits the growth of global urease market. The agronomic and eco-friendly benefits of urease in the inhibitors will fuel the global urease market. Also, the global trend of adoption of organic items over synthetic ones and increasing consumption in clinical diagnostics will aid the growth of global urease market.
The global urease market is segmented on the basis of source and application.
Based on the source, global urease market is segmented into:
Plant Source
Jack Beans
Soy Beans
Bacterial Source
Lactobacillus ruminis
Corynebacterium lillium
Lactobacillus fermentum
Lactobacillus reuteri
Bacillus fastidiosus
Arthrobacter globiformis
Escherichia coli
Fungi Source
Aspergillus niger
Aspergillus nidulans
Rhizopus oryzae
Others
Based on the application, the global urease market is segmented into:
Biosensors
Clinical Chemistry (Diagnostic kits, reducing agent in alcoholic beverages)
Others
The global urease market is geographically divided in to five key regions including North America, Latin America, Europe, Asia-Pacific and Middle East & Africa. North America, especially US holds major share of urease market due the increase consumption in clinical research. Followed by North America is Europe and Asia Pacific, Latin America and MEA. In Asia Pacific India, Korea, and Bhutan possess major prospectus for urease consumption with majority use as inhibitors for agro industries. The consumption of urease in Latin America is expected to increase during the forecast period with companies such as DASA, the renowned medical diagnostic company in Brazil. The global urease market will show increasing trend of consumption due to industrial applications and clinical diagnostic tests during the forecast period.
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Some of the key players identified in the global urease market are BBI Solutions, Sekisui Diagnostics Limited, Sigma-Aldrich Co. LLC., Sisco Research Laboratories Pvt. Ltd etc.
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