Global Biofuel Enzymes Market 2022-2028

Global Biofuel Enzymes Market 2022-2028

Enzymes are typically proteins that act as catalysts, speeding up chemical reactions that would take far too long to occur on their own. They have been employed to overcome the drawbacks associated with the use of conventional chemical catalysts. For example, biofuel production by enzymatic catalyzed processes is less energy intensive and more environmental friendly compared to its production by conventional alkaline catalyzed processes. Gen Consulting Company predicts global biofuel enzymes market will grow from USD 1,334 million in 2021 to USD 2,407 million by 2028, achieving a CAGR of 8.8 percent, according to the latest edition of the Global Biofuel Enzymes Market Report.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global biofuel enzymes market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the biofuel enzymes industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, feedstock, application, and region. The global market for biofuel enzymes can be segmented by product: amylase, cellulase, xylanase, lipase, others. The amylase segment is estimated to account for the largest share of the global biofuel enzymes market. Biofuel enzymes market is further segmented by feedstock: starch, sugar, vegetable oils, animal oil & fats, waste oils & fats, algae, others. The starch segment held the largest revenue share in 2021. Based on application, the biofuel enzymes market is segmented into: bioethanol, biodiesel, biomethane, renewable diesel, biolubricant, others. Globally, the bioethanol segment made up the largest share of the biofuel enzymes market. On the basis of region, the biofuel enzymes market also can be divided into: North America, Asia Pacific, Europe, Rest of the World (ROW). Asia Pacific was the largest contributor to the global biofuel enzymes market in 2021.

By product:

• amylase
• cellulase
• xylanase
• lipase
• others

By feedstock:

• starch
• sugar
• vegetable oils
• animal oil & fats
• waste oils & fats
• algae
• others

By application:

• bioethanol
• biodiesel
• biomethane
• renewable diesel
• biolubricant
• others

By region:

• North America
• Asia Pacific
• Europe
• Rest of the World (ROW)

The market research report covers the analysis of key stake holders of the global biofuel enzymes market. Some of the leading players profiled in the report include 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., Verenium Corporation, among others.

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Historical & Forecast Period

This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report

• To analyze and forecast the market size of the global biofuel enzymes market.
• To classify and forecast the global biofuel enzymes market based on product, feedstock, application, region.
• To identify drivers and challenges for the global biofuel enzymes market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global biofuel enzymes market.
• To identify and analyze the profile of leading players operating in the global biofuel enzymes market.

Why Choose This Report

• Gain a reliable outlook of the global biofuel enzymes market forecasts from 2022 to 2028 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.