Bio Derived Enzymes For Detergents Market Expected to Expand at a Steady CAGR through 2026
Future Market Insights has announced the addition of the “Bio Derived Enzymes For Detergents Market: Global Industry Analysis and Opportunity Assessment 2016-2026 ”report to their offering.
Bio derived enzymes for detergents refers to the enzymes obtained by the fermentation of genetically modified micro-organisms such as bacteria, fungi etc. These enzymes are designed in such a manner that it helps in breaking down of protein, starches, and fat present in the stains. Bio derived enzymes for detergents remain active at lower washing temperature. Bio derived enzymes have found largest application in detergents owing to its eco-friendly nature and ability to enhance the cleaning ability of detergents. The increasing environmental concerns raised from the use of chemical based detergents have shifted the focus of manufacturers towards the development of Bio derived enzymes in detergents. Bio derived enzymes in detergents serve as a cost-effective cleaning agent, biodegradable and non-toxic in nature, and leave no harmful residue in the environment.
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Market Dynamics of Bio derived enzymes for detergents:
The market of bio derived enzymes for detergents is expected to grow at a rapid pace in the coming years. Some of the factors contributing to the high growth of bio derived enzymes for detergents market include the biodegradability, eco-friendly behavior of enzymes, reduced energy consumption, eco-friendly by-products, reduction of greenhouse gas emissions, and the minimal use of non-renewable sources and chemicals in the environment. The increased preference for greener detergent in developed and developing economies have acted as an impetus in the demand of Bio derived enzymes for detergents. However, the increasing cost of production of enzymes act as a challenge in the usage of bio derived enzymes for detergents. Companies are trying to overcome this challenge by employing various molecular techniques that can enhance the production of enzymes in the purified form.
Market Segmentation of Bio derived enzymes for detergents:
The segmentation of bio derived enzymes for detergents market is based upon type, application, and geography. On the basis of type, bio derived enzymes for detergentsmarket is segmented into proteases, amylases, lipases, and cellulases. The demand of proteases is expected to be higher in the bio derived enzymes for detergents market. Proteases are the enzymes widely used to remove protein stains such as blood, sweat, eggs that have a tendency to stick strongly on textile fibers. Based on application, bio derived enzymes for detergents market is segmented into textile, medical, agriculture, and others such as household, and industrial applications. Bio derived enzymes for detergents market is poised to witness large consumption in the textile segment due to its increased application in cleaning stains, bleaching etc. The medicinal applications such as to clean medical instruments, have further enhanced the demand of bio derived enzymes for detergents.
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Regional Outlook of Bio derived enzymes for detergents:
On the basis of geography, bio derived enzymes for detergents market is segmented into seven different regions namely North America, Latin America, Eastern Europe, Western Europe, and Asia-Pacific region, Japan and Middle East and Africa. Although the emerging economies possess high growth potential for bio derived enzymes for detergents, the consumption is limited due to lack of awareness about advantages of bio derived enzymes and price sensitivity of consumers. In Europe, the European Commission (EC) 648/2004, Detergent Directive regulates the detergent industry. Regulations with regards to the use of bio derived enzymes for increasing the effectiveness of detergents in an eco-friendly manner, has fuelled the growth of bio derived enzyme for detergents in the European region.
Key Market Players in bio derived enzymes for detergents:
The key focus of players in the bio derived enzymes for detergents market lies upon the continuous and extensive screening of micro-organisms that have the stability at higher temperature, are effective at lower temperature, remain active at alkaline conditions, and don’t lose stability due to the presence of other additives in the detergents. Some of the key players in the bio derived enzymes for detergents market include Advanced Enzymes Technologies Ltd., Americos Industries Inc., Catalyst Biosciences, Inc., Specialty Enzymes and Biochemicals, Genencor International Inc., Novozymes A/S, BASF SE, E.I. du Pont de Nemours and Company, DSM N.V. Enzymes, among others.
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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature.
Nov 08, 2016