NEW YORK, Feb. 10, 2016 /PRNewswire/ -- This BCC Research report explores present and future strategies within the biofuel enzymes market, which includes amylase, cellulose, xylanase, lipase and other enzymes such as protease, lysomax, FermaSure, etc. Forecasts provided through 2020.
Use this report to:
Analyze the future direction of biofuel enzymes as important instruments for the production of alternative fuel sources.
Receive information about the types of biofuel enzymes and the total market for amylases, cellulases, xylanases, lipases and other enzymes.
Learn about the present and future strategies within the biofuel enzymes market, which includes amylase, cellulose, xylanase, lipase and other enzymes such as protease, lysomax, FermaSure, etc.
Receive information about significant patents and their allotments in each category.
Global revenue for biofuel enzymes totaled $623.0 million in 2014 and should total $652.1million in 2015 and $1.0 billion by 2020, registering a compound annual growth rate (CAGR) of 10.4%.
The U.S. market for biofuel enzymes should total $208.5 million in 2015 and $355.7 million by 2020, increasing at a five-year CAGR of 11.3% through 2020.
The European market for biofuel enzymes is estimated to grow from $198.6 million in 2015 to $325.2 million by 2020, with a CAGR of 10.4%.
The need for alternative energy sources other than traditional fossil fuel is increasing as global energy consumption continues to grow. This in turn is boosting the fuel market. Various types of feedstock are being considered for the purpose of alternative fuel. Biofuel enzymes play a vital part in the production of biofuel from various types of feedstock.
The objective of this BCC Research report is to investigate the characteristics of the global market for biofuel enzymes. We will also present a comprehensive analysis of the future direction of biofuel enzymes as important instruments for the production of alternative fuel sources. This report explores present and future strategies within the biofuel enzymes market, which includes amylase, cellulose, xylanase, lipase and other enzymes such as protease, lysomax, FermaSure, etc. The improvisation of the market, the setbacks and the needs of the market are discussed in this report. The classifications, comparisons and usage of these types of enzymes are also highlighted in this report.
A thorough investigation of the biofuel enzyme industry's structure has been conducted. Revenues are broken down by region and sales figures are estimated for the five-year period from 2015 through 2020.
The end-users of biofuel enzymes are also discussed separately in the report, with emphasis on the usage of these enzymes in transportation industry, power generation industry, domestic use, agriculture and irrigation and others (chemical, automobile etc.). The report also covers significant patents and their allotments in each category.
REASONS FOR DOING THIS STUDY
In recent years, countries such as the U.S. and Brazil have maximized their economic activities by constantly encouraging the use of biofuels, which have several advantages compared with traditional fossil fuels. Biofuel has a lower cost than fossil fuel and is also environmental friendly. In addition, biofuel consumption can help a
country to become economically independent. Many countries have now begun to explore the advantages of biofuel, which is expected to boost the market biofuel enzymes.
Research and development (R&D) spending, increased competition and new technologies are giving a new direction to this industry. The new advancements and ever-increasing need of fuel have influenced the market to grow in the foreseeable future. This study looks at almost all the systems affected by these factors. Acquisition
strategies and collaborations by companies are also covered in this report, as well as discussions on the strength and weaknesses of each type, due to new technologies, growing competition, and changing needs.
CONTRIBUTIONS OF THE STUDY AND FOR WHOM
This study contributes to the areas of market growth in biofuel enzyme manufacturers and end-users such as the transportation, power generation, domestic use, agriculture and irrigation industries.
SCOPE OF THE STUDY
The scope of this report involves the use of biofuel enzymes in the wider biofuel industry. BCC analyzes each market and its applications, regulatory environment, technology, market projections and market share. This report mainly deals with the types of biofuel enzymes and covers the total market for amylases, cellulases,
xylanases, lipases and other enzymes. Technological issues include the latest trends and developments.
Enzymes served in other industries — such as food and beverage, brewing, detergent, pharmaceutical, biopolymer, biochemical, animal nutrition and health, textile industry, fragrance industry, personal care etc. — are excluded from this report. The production of biofuel without using enzymes i.e. processes like gasification and torrefaction, are also excluded from this report.
The study conducted is global and includes the emerging markets for biofuel enzymes in Brazil, India, China, Japan, Nigeria, Thailand, Ghana, Australia, New Zealand, and Canada.
Relevant patent analysis is included in this report and comprehensive profiles of companies engaged in the biofuel enzyme industry are given. The key market players are Novozymes, E.I. du Pont de Nemours and Company (DuPont), Royal DSM, Dyadic International Inc., Codexis Inc. and AB Enzymes GmbH.
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