The global biofuel
enzymes demand was worth USD 1,021.9 million in 2011 and is expected
to reach USD 1,653.1 million in 2018, growing at a CAGR of 7.6% from
2013 to 2018. In the overall global market, North America is the
largest market; however Asia Pacific is expected to be the most
promising market in the near future.
Browse the full
report at Biofuel Enzymes Market - Global Industry Size,
Market Share, Trends, Analysis And Forecast, 2012 – 2018
http://www.transparencymarketresearch.com/biofuel-enzymes-market.html
The global biofuel
enzymes market is mainly driven by growth in end application markets
i.e. growing consumption of biodiesel and bio-based ethanol. In
addition, increasing awareness aboutBiofuel Enzymes Market Analysis - 2018 sustainability and changing
economics of fossil fuels is forcing governments to form legislations
for blending of biofuel. This has helped in reduction in the cost of
fuel as well as reduction of carbon dioxide emissions. All this
resulted in rising consumption of biofuel and thus the growing market
for biofuel enzymes.
With respect to
type, the biofuel enzyme market includes amylases, industrial lipases
and others. Amylase is the fastest growing segment of the global
biofuel enzymes market due to its capability to withstand wide range
of temperature and pH level. The market for amylases enzymes is
growing at a CAGR of 8.0% from 2013 to 2018 and it is further sub
divided into two type's which includes cellulase and industrial
proteases enzymes. The market for industrial proteases is growing
rapidly at a CAGR of 8.7% from 2013 to 2018.
The North America is
the clear leader in the overall market for biofuel enzymes growing at
a CAGR of 7.8% from 2013 to 2018. However in future growth is
expected to be robust in the economies of Europe and Asia Pacific.
The European Union is making remarkable progress in using bioenergy
for transportation purposes. Moreover, surging oil prices is speeding
up the approval process for biofuel manufacturing. In Asia Pacific,
China is the most attractive market for biofuel enzymes due to its
low cost structure.
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This research is
specially designed to estimate and analyze the demand and performance
of biofuel enzymes in a global scenario. The research provides
in-depth analysis of biofuel enzymes manufacturers, product sales,
and trend analysis by segments and demand by geography. The report
covers all the major product segments of the biofuel enzymes market
and provides in-depth analysis, historical data and statistically
refined forecast for the segments covered. The study presents a
comprehensive assessment of the stakeholder strategies, winning
imperatives for them by segmenting the biofuel enzymes market as
below:
Global
biofuel enzymes market, by types
Amylases
Cellulase
Industrial Proteases
Industrial Lipases
Others
Global
biofuel enzymes market, by applications
Biodiesel
Starch/corn
based ethanol
Lignocellulosic ethanol/biofuels
Others
Global
biofuel enzymes market, by geography
North
America
Europe
Asia-Pacific
Rest of the
World (RoW)
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