Biofuels are the renewable and sustainable source of fuels which are mainly formed by waste plant and animal matter. Biofuel enzymes are biological catalysts which alter and speed up the ongoing reactions and increases productivity, performance and environmental gains in the biofuels. Biofuel enzymes serve various applications in biodiesel, lignocellulosic ethanol, corn/starch based ethanol and others. Biofuel enzymes increase specificity and efficiency of products. Growing environmental concerns and increased government policies to form legislations for blending of biofuel have turned to be the prime driver in broadening the market for biofuel enzymes.
This report contains market size and forecasts of Biofuel & Renewable Energy Enzyme in global, including the following market information:
Global Biofuel & Renewable Energy Enzyme Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Biofuel & Renewable Energy Enzyme Market Sales, 2017-2022, 2023-2028, (Kiloton)
Global top five Biofuel & Renewable Energy Enzyme companies in 2021 (%)
The global Biofuel & Renewable Energy Enzyme market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Amylases Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Biofuel & Renewable Energy Enzyme include Novozymes, DuPont, DSM, BASF and Guangdong VTR Bio-Tech, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Biofuel & Renewable Energy Enzyme manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Biofuel & Renewable Energy Enzyme Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Biofuel & Renewable Energy Enzyme Market Segment Percentages, by Type, 2021 (%)
Amylases
Cellulases
Others
Global Biofuel & Renewable Energy Enzyme Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Biofuel & Renewable Energy Enzyme Market Segment Percentages, by Application, 2021 (%)
Bioethanol
Biodiesel
Others
Global Biofuel & Renewable Energy Enzyme Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Biofuel & Renewable Energy Enzyme Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Biofuel & Renewable Energy Enzyme revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Biofuel & Renewable Energy Enzyme revenues share in global market, 2021 (%)
Key companies Biofuel & Renewable Energy Enzyme sales in global market, 2017-2022 (Estimated), (Kiloton)
Key companies Biofuel & Renewable Energy Enzyme sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Novozymes
DuPont
DSM
BASF
Guangdong VTR Bio-Tech