Global PET Enzymatic Depolymerization Market Growth (Status and Outlook) 2024-2030
PET enzymatic depolymerization is a sustainable process that uses specific enzymes to break down polyethylene terephthalate (PET), a common plastic, into its monomeric components. Unlike traditional recycling methods, which involve high temperatures and chemicals, enzymatic depolymerization leverages naturally occurring or engineered enzymes to catalyze the hydrolysis of PET polymers into their constituent monomers, such as terephthalic acid and ethylene glycol. This approach offers a more energy-efficient and environmentally friendly alternative to mechanical recycling or chemical processes, as it operates under milder conditions and can potentially yield higher-quality recycled materials. By enabling the recovery and reuse of PET at a molecular level, enzymatic depolymerization supports circular economy goals and reduces plastic waste in the environment.
The global PET Enzymatic Depolymerization market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LPI (LP Information)' newest research report, the “PET Enzymatic Depolymerization Industry Forecast” looks at past sales and reviews total world PET Enzymatic Depolymerization sales in 2022, providing a comprehensive analysis by region and market sector of projected PET Enzymatic Depolymerization sales for 2023 through 2029. With PET Enzymatic Depolymerization sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world PET Enzymatic Depolymerization industry.
This Insight Report provides a comprehensive analysis of the global PET Enzymatic Depolymerization landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on PET Enzymatic Depolymerization portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global PET Enzymatic Depolymerization market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for PET Enzymatic Depolymerization 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 PET Enzymatic Depolymerization.
United States market for PET Enzymatic Depolymerization is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for PET Enzymatic Depolymerization is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for PET Enzymatic Depolymerization is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key PET Enzymatic Depolymerization players cover Carbios, Samsara Eco, Protein Evolution, Epoch Biodesign, Yuantian Biotechnology, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of PET Enzymatic Depolymerization market by product type, application, key players and key regions and countries.
Segmentation by Type:
Bacterial Origin Depolymerase
Fungal Origin Depolymerase
Others
Segmentation by Application:
Food and Beverages
Clothing and Textiles
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
Segmentation by Type:
Bacterial Origin Depolymerase
Fungal Origin Depolymerase
Others
Segmentation by Application:
Food and Beverages
Clothing and Textiles
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.
Carbios
Samsara Eco
Protein Evolution
Epoch Biodesign
Yuantian Biotechnology
Birch Biosciences
Enzymity
Plasticentropy
Please note: The report will take approximately 2 business days to prepare and deliver.