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Asia Pacific Enzymes Market to Attain 400 KMT by 2024

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"According to a new report by EMR titled ‘Asia Pacific Detergent Grade Enzymes Market Report and Forecast 2019-2024’, the Asia Pacific detergents-grade enzymes is aided by the enzymes market growth in the region. The Asia Pacific enzymes market saw a healthy growth in the period 2014-2018, growing at a CAGR of 7%. It is projected to grow further in the coming years, reaching 400 kilo metric tons by 2024."

China and India are the two major markets for enzymes as well as for detergents in the Asia Pacific. In 2017, powder detergents led the detergent sector in both China and India. However, it is poised to be taken over by liquid detergents in these two countries. Liquid detergent is a convenient and easy to use option as it comes pre-dissolved. Innovation within the sector is further pushing its growth, especially, with regard to the improved stability of enzymes in these detergents. In China, enzymatic detergents already dominate the market. In India, however, enzymatic detergent market is still growing. With the growing penetration into rural areas and a rise in demand for premium brands, it is expected that enzymatic detergents will also lead the Indian market in the forecasted period.

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The Asia Pacific Detergent Grade enzymes are being driven by increased focus towards the production of water-efficient laundry detergents in emerging economies. Water-scarcity is increasing with each passing year, and countries like China and India are under threat of becoming water-stressed countries. Due to such prevailing conditions, major players in the detergent industry like Procter and Gamble, Unilever, and Henkel are transitioning towards the production of more environmentally friendly and water efficient laundry products. Unilever launched Surf Excel Quick Wash while Novozymes launched Easyzyme soap bar. Both products aim at a more efficient washing combined with the reduction of the amount of water used during the process. Easyzyme and Surf Excel Quick Wash, both, contain Detergent Grade enzymes, which are what makes the products so efficient. Enzymatic detergents are eco-friendlier as it breaks down tough stains easily without requiring prolonged washing. They are also more sustainable since they are made of biodegradable enzymes.

To view the report summary and Table of Contents, click on - https://www.expertmarketresearch.com/reports/detergent-grade-enzymes-market-asia-pacific

Market Analysis by Types and Regions:

  • The EMR report examines protease, amylase, lipase, and cellulose enzymes in the Asia Pacific market.
  • Enzymatic and non-enzymatic are the two broad categories into which the detergents market has been divided in the report.  
  • China, India, and South East Asia are the major markets in the Asia Pacific Detergent Grade enzymes market.

Key Findings of the Report:

  • The Asia Pacific enzymes market is being driven by the growing demand from the pharmaceutical, and food and beverages industries.
  • The increasing availability of raw materials for biofuel production is also aiding the enzymes market in the region.
  • Rapid urbanisation, an expanding middle class, and increasing per-capita income are making China one of the major markets for enzymes globally.
  • Industrial enzymes dominate the Indian market where they find application in sectors like food and beverage, detergents, and textile industries.
  • Proteases are the leading enzymes found in the Asia Pacific market, finding widespread use in pharmaceutical, detergent, and chemical sectors.
  • The detergent market will see a robust growth in countries like China, while mature markets like Japan will witness a comparatively slower growth in the coming five years.

Key Offering of the Report:

  • The EMR report gives the demand for enzymes by their types in the global as well as Asia Pacific market.
  • The report also gives the global demand for enzymes by their application.
  • It examines the consumption and production of enzymes in the global as well as Asia Pacific market for the periods (2014-2018) and (2019-2024).
  • It provides the historical (2014-2018) and forecasted (2019-2024) demand for detergents in the global and Asia Pacific market.
  • It analyses global trade data of enzymes by the value and volume of the major exporting and importing countries for the year 2018.
  • The report by EMR also gives a detailed region-wise historical (2014-2018) and future (2019-2024) consumption and production of enzymes within the Asia Pacific market.
  • The report offers an insight into the price trends of the regional Asia Pacific Detergent Grade enzymes market for the time periods (2014-2018) and (2019-2024).

Novozymes Asia Pacific, Inc, Genencor China Bio-Products Co. Ltd., Danisco India Pvt Ltd., Advanced Enzyme Technologies Limited, Amano Enzymes China Ltd., Sunson Industries Group Co. Ltd., Maps (India) Limited, Inner Mongolia VTR Bio-Tech Co., Ltd., and Aum Enzymes are the key players in the Asia Pacific Detergent Grade enzymes market. The EMR report gives an in-depth look into the market share and capacities of these major player along with their latest developments like capacity expansions, mergers and acquisitions, and plant turnarounds.

About Us:

EMR 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 EMR, 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.

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"Asia Pacific Detergent Grade Enzymes Market: By Type: Protease, Amylase, Lipase and Cellulase, By Detergent Types: Enzymatic and Non- Enzymatic; By Application: By Industry, By Industrial Application and By types of Cleaning Product; By Region: China, India and South East Asia; Historical Supply and Demand (2014-2018); Supply and Demand Forecast (2019-2024); Feedstock: DMAPA and MCA; Regional Price Trends; Trade Analysis; Competitive Landscape; Consumer Analysis"

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