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Global Biocatalysts Market to be Driven by the Growing Technological Advancements in the Forecast Period of 2021-2026

The new report by Expert Market Research titled, ‘Global Biocatalysts Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global biocatalysts market, assessing the market based on its segments like type, application, source, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.

Request a free sample copy in PDF or view report summary: https://www.expertmarketresearch.com/reports/biocatalysts-market/requestsample

The key highlights of the report include:

Market Overview (2016-2026)

  • Historical Market Size (2020): 117 Kilotons
  • Forecast CAGR (2021-2026): 4%
  • Forecast Market Size (2026): 170 Kilotons

Biocatalysts’ use has grown steadily as a result of technological advancements and the fact that they are environmentally friendly. Moreover, as the benefits of biocatalysts and their environmental protection have become more widely recognised, demand for the product has increased in industries such as food and beverage, detergents, starch processing, and textiles. Over the forecast period, the growing number of research activities in biofuels and biopharmaceuticals in relation to biocatalysts is expected to have a positive impact on the biocatalysts industry.

Explore the full report with the table of contents: https://www.expertmarketresearch.com/reports/biocatalysts-market

Industry Definition and Major Segments

Biocatalysis is the use of living (biological) systems or parts of living (biological) systems to accelerate (catalyse) chemical reactions. Natural catalysts, such as enzymes, perform chemical transformations on organic compounds in biocatalytic processes and are called biocatalysts.

On the basis of type, the market can be divided into:

  • Hydrolases
  • Oxidoreductases
  • Transferases
  • Others

The industry is segmented based on application into:

  • Food and Beverages
  • Cleaning Agent
  • Biofuel Production
  • Agriculture and Feed
  • Biopharmaceuticals
  • Others

Based on source, the market can be divided into:

  • Microorganisms
  • Plants
  • Animal

Regionally, the industry is segmented into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market Trends

The global demand for biocatalysts is mainly driven by the rising environmental consciousness. Various technological advancements have made it possible to replace traditional chemical catalysts, which release toxic elements into the atmosphere when used, with biocatalysts, which are a more environmentally friendly option. Biocatalysts are gaining popularity in chemical synthesis due to a number of benefits, including easier separation, fewer side reactions, and less use of protecting groups. Biocatalysts are also less energy-intensive than traditional alkaline catalysed methods, allowing for the use of unrefined feedstock in biodiesel production.

Key Market Players

The major players in the market are Novozymes, Du Pont, Codexis Inc., BASF SE, and others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform,  https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Also Read@ https://expertmarketresearch-emr.blogspot.com/2021/06/global-biocatalysts-market-to-be-driven.html

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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See Campaign: https://www.expertmarketresearch.com/reports/biocatalysts-market
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Company Name: Expert Market Research Contact Person: Matt Johnson, Corporate Sales Specialist – U.S.A. Email: sales@expertmarketresearch.com Toll Free Number: +1-415-325-5166 | +44-702-402-5790 Address: 30 North Gould Street, Sheridan, WY 82801, USA City: Sheridan State: Wyoming Country: United States Website: https://www.expertmarketresearch.com

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Contact Information:

Company Name: Expert Market Research
Contact Person: Matt Johnson, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States
Website: https://www.expertmarketresearch.com

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