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Market Research Report

Biofuel Enzymes

Published by Global Industry Analysts, Inc. Product code 222518
Published Content info 114 Pages
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Biofuel Enzymes
Published: July 1, 2020 Content info: 114 Pages
Description

Global Biofuel Enzymes Market to Reach $1.6 Billion by 2027

Amid the COVID-19 crisis, the global market for Biofuel Enzymes estimated at US$956.7 Million in the year 2020, is projected to reach a revised size of US$1.6 Billion by 2027, growing at a CAGR of 7.7% over the analysis period 2020-2027. Amylase, one of the segments analyzed in the report, is projected to record a 7.4% CAGR and reach US$629.1 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cellulase segment is readjusted to a revised 8.3% CAGR for the next 7-year period.

The U.S. Market is Estimated at $282.9 Million, While China is Forecast to Grow at 7.2% CAGR

The Biofuel Enzymes market in the U.S. is estimated at US$282.9 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$280.6 Million by the year 2027 trailing a CAGR of 7.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.1% and 6.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 6.3% CAGR.

Xylanase Segment to Record 6.9% CAGR

In the global Xylanase segment, USA, Canada, Japan, China and Europe will drive the 7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$130.8 Million in the year 2020 will reach a projected size of US$209.4 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$185.7 Million by the year 2027.We bring years of research experience to this 17th edition of our report. The 114-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,

  • AB Enzymes GmbH
  • Advanced Enzyme Technologies Ltd.
  • Agrivida, Inc.
  • BASF SE
  • CLEA Technologies B.V.
  • DuPont de Nemours Inc.
  • Enzyme Supplies Limited
  • Iogen Corporation
  • Metgen Oy
  • NextCAT, Inc.
  • Noor Enzymes Pvt. Ltd.
  • Novozymes A/S
  • Royal DSM NV
  • TransBiodiesel Ltd.
Table of Contents
Product Code: MCP-6867

TABLE OF CONTENTS

  • I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Biofuel Enzymes: Delivering Productivity, Performance and Environment Benefits in Biofuels Production
  • Recent Market Activity
  • Focus on Biofuels as the Future Energy Security Solution Drives Strong Demand for Biofuel Enzymes
  • Factors Driving the Shift towards Bio-Fuels
  • Expanding Role of Renewable Fuels in the Global Energy Mix
  • Key Pollutants Present in Petroleum-based Fuel Emissions
  • Hydrocarbons (HCs)
  • Carbon Monoxide (CO)
  • Oxides of Nitrogen (NOx)
  • Particulate Matter (PM)
  • Superiority of Enzyme-based Production over Conventional Method Drives Widespread Adoption
  • Global Market Outlook
  • Developed Markets: Key Revenue Contributors
  • Despite Slower Growth, Developing Countries Offer Huge Market Potential
  • Improving Economic Growth Encourage Optimistic Market Outlook
  • Competitive Landscape
  • Leading Players in the Biofuel Enzymes Market
  • Vendors Focus on Partnerships to Improve Prospects
  • Global Competitor Market Shares
  • Biofuel Enzymes Competitor Market Share Scenario Worldwide (in %): 2018 & 2029
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

  • AB Enzymes GmbH (Germany)
  • Advanced Enzyme Technologies Ltd. (India)
  • Agrivida, Inc. (USA)
  • BASF SE (Germany)
  • Verenium Corporation (Germany)
  • CLEA Technologies B.V. (Netherlands)
  • E. I. du Pont de Nemours and Company (USA)
  • Enzyme Supplies Limited (UK)
  • Iogen Corporation (Canada)
  • Metgen Oy (Finland)
  • NextCAT, Inc. (USA)
  • Noor Enzymes Pvt. Ltd. (India)
  • Novozymes A/S (Denmark)
  • Royal DSM NV (Netherlands)
  • TransBiodiesel Ltd. (Israel)

3. MARKET TRENDS & DRIVERS

  • Growing Use of Biofuel Enzymes in Second Generation Bioethanol and Advanced Biodiesel
  • Production Drive Market Growth
  • Expanding Footprint of Second-Generation Biofuels: An Important Opportunity Indicator
  • First Generation Vs Second Generation Biofuels: A Snapshot
  • Projected Growth in Cellulosic Biofuels Demand to Underpin Enzymes Sales
  • Cellulosic Biofuels Vs Conventional Biofuels and Petroleum
  • Improving Economics of Cellulosic Biofuel Production Augur Well
  • Switchgrass: Potential Feedstock in Advanced Biofuel Production
  • Myriad Benefits Continue to Sustain Demand for Amylases in Fuel Ethanol Production
  • New Enzyme Compounds to Drive Growth of Amylase Biofuel Enzyme Market
  • Bright Prospects for Cellulase Enzymes in Cellulosic Ethanol Production
  • Favorable Biofuel Blend Mandates & Blend Targets Offer Opportunities on a Platter
  • Biofuel Blend Mandates & Blend Targets for Major Countries
  • Enzymatic Production of Biodiesel from Low Quality Oils Gathers Steam
  • Increase in Algae-based Biofuel Production to Benefit Market Expansion
  • Innovative Technologies and Strategies Fuel Demand for Algal Fuel
  • Ongoing R&D Efforts to Strengthen Future Growth Prospects
  • IBRL's Researchers Aim to Develop Cost-Effective Ethanol Production Process
  • University of California Irvine to Develop Enzyme Processing VFD Technology
  • Fungal Species Exude Enzymes with Similar Functional Characteristics
  • Copenhagen Chemists Evaluate Role of LPMO Enzymes in Cellulose Breakdown
  • Bioforsk Aims to Use Genetically Engineered Tobacco for Biofuels Production
  • Researchers Exploit Mutated Fungus to Boost Production of Biofuel Enzymes
  • DOE-Funded Researchers Produce Structure & Functional Characterization
  • of GH55 Enzyme Family
  • NREL Researchers Develop Cellulase Enzyme from Bacterium
  • Tokyo Researchers Study CBAP Enzyme Mechanism in Biofuel Production
  • Key Issues & Challenges Hampering Market Prospects for Biofuel & Biofuel Enzymes
  • Growing Sales of Electric Vehicles
  • Decline in Crude Oil Prices
  • Widening Share of Natural Gas in the Energy Mix

4. GLOBAL MARKET PERSPECTIVE

  • TABLE 1: Biofuel Enzymes Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027
  • TABLE 2: Biofuel Enzymes Global Retrospective Market Scenario in US$ Thousand by Region/Country: 2012-2019
  • TABLE 3: Biofuel Enzymes Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
  • TABLE 4: Amylase (Type) World Market by Region/Country in US$ Thousand: 2020 to 2027
  • TABLE 5: Amylase (Type) Historic Market Analysis by Region/Country in US$ Thousand: 2012 to 2019
  • TABLE 6: Amylase (Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 7: Cellulase (Type) Potential Growth Markets Worldwide in US$ Thousand: 2020 to 2027
  • TABLE 8: Cellulase (Type) Historic Market Perspective by Region/Country in US$ Thousand: 2012 to 2019
  • TABLE 9: Cellulase (Type) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
  • TABLE 10: Xylanase (Type) Geographic Market Spread Worldwide in US$ Thousand: 2020 to 2027
  • TABLE 11: Xylanase (Type) Region Wise Breakdown of Global Historic Demand in US$ Thousand: 2012 to 2019
  • TABLE 12: Xylanase (Type) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 13: Other Types (Type) World Market Estimates and Forecasts by Region/Country in US$ Thousand: 2020 to 2027
  • TABLE 14: Other Types (Type) Market Historic Review by Region/Country in US$ Thousand: 2012 to 2019
  • TABLE 15: Other Types (Type) Market Share Breakdown by Region/Country:
  • 2012 VS 2020 VS 2027

III. MARKET ANALYSIS

  • GEOGRAPHIC MARKET ANALYSIS
  • UNITED STATES
    • Market Facts & Figures
    • US Biofuel Enzymes Market Share (in %) by Company: 2018 & 2025
    • Market Analytics
    • TABLE 16: United States Biofuel Enzymes Market Estimates and Projections in US$ Thousand by Type: 2020 to 2027
    • TABLE 17: Biofuel Enzymes Market in the United States by Type: A Historic Review in US$ Thousand for 2012-2019
    • TABLE 18: United States Biofuel Enzymes Market Share Breakdown by Type: 2012 VS 2020 VS 2027
  • CANADA
    • TABLE 19: Canadian Biofuel Enzymes Market Estimates and Forecasts in US$ Thousand by Type: 2020 to 2027
    • TABLE 20: Canadian Biofuel Enzymes Historic Market Review by Type in US$ Thousand: 2012-2019
    • TABLE 21: Biofuel Enzymes Market in Canada: Percentage Share Breakdown of Sales by Type for 2012, 2020, and 2027
  • JAPAN
    • TABLE 22: Japanese Market for Biofuel Enzymes: Annual Sales Estimates and Projections in US$ Thousand by Type for the Period 2020-2027
    • TABLE 23: Biofuel Enzymes Market in Japan: Historic Sales Analysis in US$ Thousand by Type for the Period 2012-2019
    • TABLE 24: Japanese Biofuel Enzymes Market Share Analysis by Type: 2012 VS 2020 VS 2027
  • CHINA
    • TABLE 25: Chinese Biofuel Enzymes Market Growth Prospects in US$ Thousand by Type for the Period 2020-2027
    • TABLE 26: Biofuel Enzymes Historic Market Analysis in China in US$ Thousand by Type: 2012-2019
    • TABLE 27: Chinese Biofuel Enzymes Market by Type: Percentage Breakdown of Sales for 2012, 2020, and 2027
  • EUROPE
    • Market Facts & Figures
    • European Biofuel Enzymes Market: Competitor Market Share Scenario (in %) for 2018 & 2025
    • Market Analytics
    • TABLE 28: European Biofuel Enzymes Market Demand Scenario in US$ Thousand by Region/Country: 2020-2027
    • TABLE 29: Biofuel Enzymes Market in Europe: A Historic Market Perspective in US$ Thousand by Region/Country for the Period 2012-2019
    • TABLE 30: European Biofuel Enzymes Market Share Shift by Region/Country: 2012 VS 2020 VS 2027
    • TABLE 31: European Biofuel Enzymes Market Estimates and Forecasts in US$ Thousand by Type: 2020-2027
    • TABLE 32: Biofuel Enzymes Market in Europe in US$ Thousand by Type: A Historic Review for the Period 2012-2019
    • TABLE 33: European Biofuel Enzymes Market Share Breakdown by Type: 2012 VS 2020 VS 2027
  • FRANCE
    • TABLE 34: Biofuel Enzymes Market in France by Type: Estimates and Projections in US$ Thousand for the Period 2020-2027
    • TABLE 35: French Biofuel Enzymes Historic Market Scenario in US$ Thousand by Type: 2012-2019
    • TABLE 36: French Biofuel Enzymes Market Share Analysis by Type: 2012 VS 2020 VS 2027
  • GERMANY
    • TABLE 37: Biofuel Enzymes Market in Germany: Recent Past, Current and Future Analysis in US$ Thousand by Type for the Period 2020-2027
    • TABLE 38: German Biofuel Enzymes Historic Market Analysis in US$ Thousand by Type: 2012-2019
    • TABLE 39: German Biofuel Enzymes Market Share Breakdown by Type: 2012 VS 2020 VS 2027
  • ITALY
    • TABLE 40: Italian Biofuel Enzymes Market Growth Prospects in US$ Thousand by Type for the Period 2020-2027
    • TABLE 41: Biofuel Enzymes Historic Market Analysis in Italy in US$ Thousand by Type: 2012-2019
    • TABLE 42: Italian Biofuel Enzymes Market by Type: Percentage Breakdown of Sales for 2012, 2020, and 2027
  • UNITED KINGDOM
    • TABLE 43: United Kingdom Market for Biofuel Enzymes: Annual Sales Estimates and Projections in US$ Thousand by Type for the Period 2020-2027
    • TABLE 44: Biofuel Enzymes Market in the United Kingdom: Historic Sales Analysis in US$ Thousand by Type for the Period 2012-2019
    • TABLE 45: United Kingdom Biofuel Enzymes Market Share Analysis by Type:
  • 2012 VS 2020 VS 2027
  • REST OF EUROPE
    • TABLE 46: Rest of Europe Biofuel Enzymes Market Estimates and Forecasts in US$ Thousand by Type: 2020-2027
    • TABLE 47: Biofuel Enzymes Market in Rest of Europe in US$ Thousand by Type: A Historic Review for the Period 2012-2019
    • TABLE 48: Rest of Europe Biofuel Enzymes Market Share Breakdown by Type: 2012 VS 2020 VS 2027
  • ASIA-PACIFIC
    • TABLE 49: Biofuel Enzymes Market in Asia-Pacific by Type: Estimates and Projections in US$ Thousand for the Period 2020-2027
    • TABLE 50: Asia-Pacific Biofuel Enzymes Historic Market Scenario in US$ Thousand by Type: 2012-2019
    • TABLE 51: Asia-Pacific Biofuel Enzymes Market Share Analysis by Type:
  • 2012 VS 2020 VS 2027
  • REST OF WORLD
    • TABLE 52: Rest of World Biofuel Enzymes Market Estimates and Forecasts in US$ Thousand by Type: 2020 to 2027
    • TABLE 53: Rest of World Biofuel Enzymes Historic Market Review by Type in US$ Thousand: 2012-2019
    • TABLE 54: Biofuel Enzymes Market in Rest of World: Percentage Share Breakdown of Sales by Type for 2012, 2020, and 2027

IV. COMPETITION

  • Total Companies Profiled: 24
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