New Global Technical Enzymes Consumption Market 2023 Report Covers market forecast and top Companies like Novozymes, DuPont, BASF, Associated British Foods, DSM and others.

Lewes, DE -- (SBWire) -- 01/19/2019 --Global Technical Enzymes market will register a 1.7% CAGR in terms of revenue, reach US$ 2310 million by 2023, from US$ 2090 million in 2017.

Enzymes are protein molecules functioning as specialized catalysts for chemical reactions. They have contributed greatly to the traditional and modern chemical industry by improving existing processes.

Technical enzymes are typically used as bulk enzymes in textile, pulp and paper industries, organic synthesis and biofuels industry.

The global average price of Technical Enzymes is in the increasing trend, from 4618 USD/MT in 2013 to 4893 USD/MT in 2017. With the situation of global economy, prices will be in decreasing trend in the following five years.

The classification of Technical Enzymes includes Amylases, Cellulases, Proteases, Lipases and other, and the sales proportion of Amylases in 2017 is about 37.8%, the sales proportion of Cellulases in 2017 is about 24.3%.
Technical enzymes are typically used as bulk enzymes in textile, pulp and paper industries, organic synthesis and biofuels industry. The most proportion of Technical Enzymes is used Detergents, and the proportion in 2017 is about 34.1%.

Over the next five years, study projects that Technical Enzymes will register a 1.7% CAGR in terms of revenue, reach US$ 2310 million by 2023, from US$ 2090 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Technical Enzymes market by product type, application, key manufacturers and key regions.

To calculate the market size, study considers value and volume generated from the sales of the following segments:

Segmentation by product type:
Amylases
Cellulases
Proteases
Lipases
Other

Segmentation by application:
Detergents
Bioethanol
Paper & Pulp
Textile & Leather
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Novozymes
DuPont
BASF
Associated British Foods
DSM
VTR Bio-Tech
Advanced Enzyme Technologies
SunHY
MAPS Enzyme

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Technical Enzymes consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Technical Enzymes market by identifying its various subsegments.
Focuses on the key global Technical Enzymes manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Technical Enzymes with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Technical Enzymes submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Spanning over 134 pages "Forecast of Global Technical Enzymes Consumption Market 2023" report covers Scope of the Report, Executive Summary, Global Technical Enzymes by Players, Technical Enzymes by Regions, Market Drivers, Challenges and Trends, Marketing, Distributors and Customer, Global Technical Enzymes Market Forecast, Key Players Analysis, Research Findings and Conclusion.

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