Enzymes are basically proteins that function as a catalyst for accelerating the chemical reactions in the manufacturing of biofuels. The use of conventional chemical catalysts has several drawbacks due to which enzymes are employed to overcome these limitations.
According
to the research report, ‘Global
Biofuel Enzymes Market 2022-2028’ states that AB Enzymes GmbH, c-LEcta
GmbH, Codexis, Inc., Danisco A/S, Dyadic International, Inc., Enzyme
Development Corporation, Enzyme Solutions Inc., Enzyme Supplies Limited, Iogen
Corporation, Jiangsu Boli Bioproducts Co., Ltd., Koninklijke DSM N.V.,
Novozymes A/S, Schaumann BioEnergy GmbH, Specialty Enzymes and Biotechnologies
Co. (SEB), TransBiodiesel Ltd., and Verenium Corporation are some of the prime
players functioning in the industry. The report presents an inclusive study of
important sections like corporation trends, industry news and policies, cost
structure analysis, sales, and marketing model, and much more. It further
includes company profiling of each player aforementioned based on parameters
like a company overview, Production Capacity, Revenue, Key business offerings,
financial performance, Risk analysis, Recent developments, regional presence,
and SWOT analysis. It further reviews how far along the player stands in the
competition referring to the intense competition among several players to gain
a major share in the market.
The
Global Biofuel Enzymes Market has been globally further segmented by Product
(amylase, cellulase, xylanase, lipase, and others) under which the amylase
segment is expected to flourish during the forecast period, By Feedstock
(starch, sugar, vegetable oils, animal oil & fats, waste oils & fats,
algae, and others) among which the starch segment generates the maximum
revenue, By Application (bioethanol, biodiesel, biomethane, renewable diesel,
bio lubricant, and others) amongst which the bioethanol sector is the market
leader by acquiring the largest share globally. The report also includes a
detailed analysis of the market type by region focusing on its sales, sales
volume & revenue forecast. The regions covered under this report are - Asia
Pacific, Europe, North America, and the Rest of the world (RoW). The report
identifies the Asia-Pacific region as the largest market for Biofuel Enzymes.
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The
research report is equipped with various dimensions such as dynamics of the
market both globally and region-wise, analysis of historical data, and
technology development, strategies adopted by the aforementioned companies, and
study of the market size (in terms of value and volume) based on demand and
supply, market growth drivers, application details, market features,
restraints, regional and industry wise investment opportunities and much more.
It also analyses the research methodology and assumptions through various
functional and analytical methods. The report also has dedicated sections
focused on the covid-19 outbreak in the global biofuel enzymes market. These
sections include market dynamics, historical and current market trends, impact
on the product industry chain based on the upstream and downstream markets, and
region-based synopsis.
In
the forthcoming years, the global biofuel enzymes market will continue to
increase and is anticipated to reach a value in terms of revenue of USD million
by the end of 2028 with a double-digit CAGR during the review period of
2022-2028. Increasing use of biofuels in the transportation sector due to
rising oil prices, a shift towards more renewable and sustainable forms of
energy, and growing environmental concerns are some of the crucial factors
responsible for the growth of biofuel enzymes globally.
For More
Information, refer to below link:-
Industrial
Enzymes for Biofuels Production
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Research
Ankur
Gupta, Head Marketing & Communications
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