Market Research Report
Industrial Enzymes - A Global Market Overview
|Published by||Industry Experts||Product code||960269|
|Published||Content info||296 Pages, 256 Charts
Delivery time: 1-2 business days
|Industrial Enzymes - A Global Market Overview|
|Published: September 9, 2020||Content info: 296 Pages, 256 Charts||
Demand for Industrial Enzymes used in Textiles & Leather applications is anticipated to decline drastically in 2020 compared to 2019, estimated at -8.2% Y-o-Y due to the decline in Chinese textile production, with volumes shifting away from China to countries with lower enzyme penetration. Demand for Industrial Enzymes in Biofuel applications is expected to contract sharply with a negative Y-o-Y rate of 7.3% due to sharp decline in gasoline demand and consequently a significant drop in the demand for ethanol.
Industrial enzymes demand in Household Care estimated to grow at faster 9% Y-o-Y in 2020 due to increased enzymatic penetration of detergents, mainly in emerging markets, and an unanticipated surge in sales driven by COVID-19-related effects. The overall Industrial Enzymes market, globally, expected to touch US$6.1 billion in 2020.
The report analyzes the market for the following key product types of Industrial Enzymes:
The market for application segments of industrial enzymes analyzed in this study includes the following:
The report reviews, analyzes and projects the global industrial enzymes market for the period 2017-2026 in terms of market value in US$ and the compound annual growth rates (CAGRs) projected from 2019 through 2024 with a special focus on y-o-y growth for 2019-2020.