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Global Specialty Enzymes Market to Register Substantial Growth Supported by Advancements in Green Chemistry

Press Release   •   Oct 05, 2016 05:40 EDT

A new market research study, titled “Specialty Enzymes Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013–2019,” by Transparency Market Research offers a detailed analysis of the market. The product segmentation, geographic segmentation, and the competitive scenario of the global specialty enzymes market have been included in the research study. Key drivers, limitations, opportunities, and latest trends in the global market have also been discussed in the study, along with the expected growth rate.

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The swift growth of the pharmaceutical industry across the globe, developments in enzyme and green chemistry, and the increasing investments in the biotech sector are some of the primary factors estimated to augment the growth of the global specialty enzymes in the forecast period. In addition, the significant development in the clinical in vitro diagnostics industry and expansion of application base are projected to generate potential growth opportunities in the next few years. On the flip side, several ethical and legal issues and regulated pH operational range and temperature of enzymes are some of the primary aspects expected to inhibit the growth of the global specialty enzymes market in the coming years.

The global market for specialty enzymes can be classified on the basis of product type into carbohydrases, proteases, polymerases and other specialty enzymes. Furthermore, on the basis of end use, the global specialty enzymes market can be divided into pharmaceuticals and diagnostics,
research and biotechnology, and others. Technological developments in this field are expected to benefit the market and help in the expansion of the product portfolio. The market size and share of the product and end use segments have been included in the research study.

Furthermore, the research study throws light on the growth prospects of the key geographical segments in the global specialty enzymes market. Among these, North America is projected to witness robust growth in the next few years, thanks to the significant contribution from the U.S. Asia Pacific and Europe are projected to witness steady growth in the next few years.

Advanced Enzyme Technology Ltd, Bbi Enzymes Ltd, Roche Holding AG, Life Technologies, BASF, Codexis Inc., Amano Enzyme Inc., and Affymetrix Inc. are some of the leading players operating in the global market for specialty enzymes. The research study has highlighted the key strategies that have been adopted by players in order to offer a detailed understanding of the market. In addition, the financial overview, product segmentation, SWOT analysis, and recent developments and events have been discussed at length in the research study.

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