The Biocatalysis and Biocatalysts market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
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.
The biocatalysts market is anticipated to show a steady growth rate in the coming years. Applications such as biopharmaceuticals production and biofuel production are predicted to show higher growth than other applications. The global biocatalysts market demand, by volume is estimated to reach around 145 KT by 2022.
In the global Biocatalysis and Biocatalysts market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
In global market, the following companies are covered:
BASF
Codexis
Dupont
Novozymes
Royal DSM
AB Enzymes
Amano Enzymes
Chr. Hansen
Dyadic International
Soufflet Group
Market Segment by Product Type:
Hydrolases
Oxidoreductases
Transferases
Others
Market Segment by Application:
Food & Beverages
Cleaning Agents
Biofuel Production
Agriculture & Feed
Biopharmaceuticals
Others
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Biocatalysis and Biocatalysts market for the forecast period 2020 - 2025?
• What are the driving forces in the Biocatalysis and Biocatalysts market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Biocatalysis and Biocatalysts industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?