Press release
Global Biocatalysis and Biocatalysts Market: Industry Size, Share, Growth, Forecasts
Biocatalysis is a chemical process where enzymes and other biological catalysts are used to speed up the reaction between organic components. Enzymes are derived from microorganisms, animal cells, and plants. The applications of biocatalysts are growing in industries such as textile and biofuel production, due to the advances in biocatalysts technology. Biocatalysis is a useful and eco-friendly substitute to metallocatalysis and organocatalysis in industrial and laboratory scale. Biocatalysts encourage the idea of green chemistry as they are mostly renewable, less toxic, and less hazardous having less or no effect on the environment.
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Technavios analysts forecast the global biocatalysis and biocatalysts market to grow at a CAGR of 6.39% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global biocatalysis and biocatalysts market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of biocatalysis and biocatalysts.
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The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW
Technavio's report, Global Biocatalysis and Biocatalysts Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
BASF
Codexis
DuPont
Novozymes
Royal DSM
Other prominent vendors
AB Enzymes
Amano Enzymes
Chr. Hansen
Dyadic International
Soufflet Group
Lonza
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Market driver
Increasing demand from food and beverages industry
For a full, detailed list, view our report
Market challenge
Product reach affected by high price of product
For a full, detailed list, view our report
Market trend
Shift towards bio-based products
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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