Global Laccase Market Growth 2023-2029

Global Laccase Market Growth 2023-2029

Laccase (EC 1.10.3.2, p-diphenol:oxygen oxidoreductase) is an enzyme belonging to the family of multicopper blue oxidase which typically found in plant and fungi. Laccase can catalyze the oxidation of a variety of compounds including ortho and para-diphenols, polyphenols, aminophenols, polyamines, lignins, aryldiamines, and a number of inorganic ions, while reducing molecular dioxygen to water.

LPI (LP Information)' newest research report, the “Laccase Industry Forecast” looks at past sales and reviews total world Laccase sales in 2022, providing a comprehensive analysis by region and market sector of projected Laccase sales for 2023 through 2029. With Laccase sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Laccase industry.

This Insight Report provides a comprehensive analysis of the global Laccase landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Laccase portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Laccase market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Laccase and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Laccase.

The global Laccase market size is projected to grow from US$ 3 million in 2022 to US$ 4 million in 2029; it is expected to grow at a CAGR of 4 from 2023 to 2029.

Laccase is an enzyme generally used in textile industry, food industry, pharmaceutical industry and others. During all those applications, textile industry is the largest field. Currently, there are six major suppliers all over the world, including Novozymes, DuPont, Amano Enzyme, Yiduoli, Sunson and Denykem. Novozymes is global leader in this industry, with a production share of 66%. DuPont is the second largest producer. Market concentration in this industry is high and total market share of those six suppliers are 98%.

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

Market Segmentation:

Segmentation by type

Fungi Source

Plants Source

Segmentation by application

Textile Industry

Food Industry

Pharmaceutical Industry

Others

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

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Novozymes

DuPont

Amano Enzyme

Yiduoli

Sunson

Denykem

Key Questions Addressed in this Report

What is the 10-year outlook for the global Laccase market?

What factors are driving Laccase market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Laccase market opportunities vary by end market size?

How does Laccase break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.