Global Textile Enzymes Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
Global Textile Enzymes Market Overview
"The Textile Enzymes Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031."
This report is based on the synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the global market.
In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the global textile enzymes market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Enzymes are proteins that act as a catalyst and supports or increase the rate of a complex chemical reaction. Enzymes used for textiles are classified as amylases, lipases, pectinase, and cellulase. Enzymes act or react with substrate molecules that can be used to degrade excess hydrogen peroxide, remove starch, bleach textiles, and degrade lignin in textile industries.
Increasing concerns about hazardous emission of air pollutants that are released during chemical processing among textile manufacturing industries is a major factor expected to drive the growth of the global textile enzymes market during the forecast period, owing to the non-toxic and eco-friendly characteristics of textiles enzymes.
In addition, increasing adoption of various textile enzymes among chemical processing industries to reduce environmental pollution is expected to support the growth of the global market, owing to various benefits of textile enzymes such as optimization in processing time, energy and water-efficient procedure, improved product quality, and a high potential for process integration.
In addition, the growing demand for de-sizing and bio-polishing of fabrics in the textile industry across the globe is another factor expected to proliferate the growth of the global textile enzymes market, owing to the increase in disposable income of individuals and changing lifestyle trends.
Furthermore, increasing technological advancements associated with enzymes such as cellulases for denim finishing and lactases to remove the color of textile effluents and textile bleaching that offers high-quality textile material with reduced chemical processing pollution are expected to boost the growth of the global market in the near future.
However, the high cost associated with enzyme production is a major factor expected to restrain the growth of the global textile enzymes market. Also, emerging stringent regulations related to enzyme production may affect the growth of the target market to a certain extent.
Market in the Asia Pacific is expected to witness a significant share in the global market owing to the high demand for cellulase textile enzymes in the textile industry sector, owing to the implementation of stringent government regulations associated with environmental pollution. In addition, increasing disposable income and changing lifestyle among emerging countries such as China, India, and Japan is expected to support the growth of the global market.
Market in Europe is expected to account for the highest growth in terms of revenue, owing to well-developed textile manufacturing infrastructure and well-developed human health and environment safety measurements among countries in the region.
Market in North America is expected to witness lucrative growth of the global market in terms of revenue, owing to the growing demand for eco-friendly garments and industrial textiles among countries in the region that supports a clean environment and save energy during the production process.
Global Textile Enzymes Market Segmentation:
Global Textile Enzymes Market Segmentation, by enzyme type:
- Others (Ligninase, Collagenases, Esterases, and Nitrilases)
Global Textile Enzymes Market Segmentation, by application:
- Enzymatic De-sizing
- Enzymatic Bleaching
- Enzymatic Treatment to Denim
- Enzymatic Scouring (Bio-scouring)
Global Textile Enzymes Market Segmentation, by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Megazyme u.c.
- Genotek Biochem
- Lumis, AB Enzymes
- Maps Enzymes Ltd.
- Zytex (India) Pvt. Ltd.
- Koninklijke DSM N.V.
- Amano Enzyme Incorporated
- Sunson Industry Group Co., Ltd.
- Refnol Resins & Chemicals Ltd.
- I.du Pont de Nemours and Company
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