MRRS adds "Technical Enzymes Market by Type (Cellulases, Amylases, Proteases, Lipases, Other Enzymes), Application (Bioethanol, Paper & Pulp, Textile & Leather, Starch Processing, Other Applications), & by Region – Global Forecasts to 2021" latest studies, published in January 2017. It is a professional and in-depth study.

“Technical enzymes market is projected to grow at a CAGR of 3.4% in terms of value”
This report analyzes the technical enzymes market, in terms of type, application, and region. The technical enzymes market has grown rapidly in the last few years and is projected to reach a value of USD 1.27 billion in 2021, at a CAGR of 3.4% from 2016 to 2021. The primary factors driving the global success of technical enzymes is the increasing demand of technical enzymes in diverse industries including bioethanol producers, paper & pulp manufacturers, textile & leather processors, starch processing, and waste water treatment industries.

“Bioethanol is the fastest-growing application in the technical enzymes market”
On the basis of application, the technical enzymes market is segmented into bioethanol, paper & pulp, textile & leather, starch processing, and others (cosmetics & toiletries, waste and water treatment, oilfield & fine chemicals). Among all the applications of technical enzymes, the bioethanol segment is projected to be the fastest-growing application from 2016 to 2021. Bioethanol has comparative advantage over other types of technical enzymes as it is cost-efficient and contributes to sustainable development due to less emissions in the environment.

“China and India: The future of the technical enzymes industry”
North America dominated the global technical enzymes market in 2015. The Asia-Pacific region is projected to be the fastest-growing market from 2016 to 2021. The markets are growing in China and India due to the increasing disposable income of the people, growing urban population, and adoption of advanced technologies in developing countries are paving the path for profitable returns.

Break-up of Primaries:
• By Company Type: Tier 1 –20 %, Tier 2 – 45% and Tier 3 – 35%
• By Designation: Director level – 55%, C level – 30%, , Others – 15%
• By Region: North America – 12%, Europe – 45%, APAC – 25%, RoW – 18%

Leading players in the technical enzymes market are BASF SE (Germany), E.I. du Pont de Nemours and Company (U.S.), Associated British Foods Plc (U.K.), Koninklijke DSM N.V. (The Netherlands), and Novozymes A/S (Denmark). Other players include Dyadic International Inc. (U.S.), Advanced Enzyme Technologies Limited (India), MAPS Enzyme Limited (India), Epygen Labs FZ LLC (UAE), and Megazyme (Ireland)

Table Of Contents
1 INTRODUCTION 14
1.1 OBJECTIVES OF THE STUDY 14
1.2 MARKET DEFINITION 15
1.3 STUDY SCOPE 15
1.3.1 PERIODIZATION CONSIDERED FOR THE TECHNICAL ENZYMES MARKET 16
1.4 CURRENCY CONSIDERED 16
1.5 STAKEHOLDERS 16
2 RESEARCH METHODOLOGY 17
2.1 RESEARCH DATA 17
2.1.1 SECONDARY RESEARCH 18
2.1.1.1 Key data from secondary sources 18
2.1.2 PRIMARY DATA 19
2.1.2.1 Key data from primary sources 19
2.1.2.2 Breakdown of primary interviews 20
2.2 FACTOR ANALYSIS 21
2.2.1 INTRODUCTION 21
2.2.2 DEMAND-SIDE ANALYSIS 21
2.2.2.1 Increasing adoption of biofuels 22
2.2.2.2 Global Textile industry 23
2.2.2.3 Developing economies with higher GDP (PPP) to influence the technical enzymes market 24
2.2.3 SUPPLY-SIDE ANALYSIS 24
2.2.3.1 Research & Development of Enzymes 25
2.3 MARKET SIZE ESTIMATION 25
2.3.1 BOTTOM-UP APPROACH 26
2.3.2 TOP-DOWN APPROACH 27
2.4 MARKET BREAKDOWN & DATA TRIANGULATION 28
2.5 RESEARCH ASSUMPTIONS & LIMITATIONS 29
2.5.1 ASSUMPTIONS 29
2.5.2 LIMITATIONS 29
3 EXECUTIVE SUMMARY 30

4 PREMIUM INSIGHTS 35
4.1 EXTENSIVE MARKET OPPORTUNITIES IN THE TECHNICAL ENZYMES MARKET 35
4.2 ASIA-PACIFIC: THE SECOND LARGEST CONSUMER OF TECHNICAL ENZYMES 36
4.3 TECHNICAL ENZYMES MARKET, BY COUNTRY, 2015 37
4.4 TECHNICAL ENZYMES MARKET: DEVELOPED VS. DEVELOPING NATIONS, 2016–2021 (USD MILLION) 38
4.5 LIFE CYCLE ANALYSIS, BY REGION 39
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