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Europe Enzymes Market to Reach 300 KMT in 2024

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"According to a new report by EMR titled, ‘Europe Detergent Grade Enzymes Market Report and Forecast 2019-2024’, the Europe enzymes market was aided by the growth of the global enzymes market which grew at CAGR of almost 5% between 2014-2018. The Europe market is projected to continue developing in the forecast period of 2019-2024 and is expected to reach 300 kilo metric tons by 2024."

Europe was one of the major markets for enzymes in 2017, due to various EU schemes seeking to promote environmental well-being. The European Union seeks to curb greenhouse emissions by replacing fossil fuels with biofuels like biodiesel and bioethanol. By 2020, it aims to have 10% of all transport fuels sourced from renewable sources like biofuels in its member countries. Further, governments in countries like Germany, Austria, Sweden, and France are taking out policies prioritising biodiesel production. These developments are leading to a surge in demand for enzymes in the continent. Enzymes like lipase convert triacylglycerol and free fatty acids (FFA) to fatty acid methyl esters which are an essential ingredient in biodiesels. With companies commercialising biodiesel production which use enzymatic processes, the Europe enzymes market will see a growth in the coming years.

Enzymatic detergents are leading the detergents sector in Europe. Enzymes are added to detergents to provide a superior cleaning ability of the clothes. They help remove tough stains, especially protein-based stains, which when washed with non-enzymatic detergents might lead to more permanent stains due to denaturing and oxidation caused by the bleaching agents in the detergents. Enzyme-based detergents, on the other hand, break down proteins into soluble amino acids and polypeptides. They also maintain the integrity of the cloth by preventing the fabric and the colour from deteriorating. Enzymes often replace chlorine bleach in detergents, making the detergents more eco-friendly. The rising awareness about the environment and the possible contamination of groundwater caused by the chemicals in detergents has led to a rising demand for eco-conscious and ‘green’ detergents in the continent. This has led to the growth of the enzymatic detergents market in Europe as they contain biodegradable enzymes, making them the more sustainable option. They are also energy-efficient as they are able to remove tough stains even at lower temperatures.

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Market Analysis by Type, and Region:

  • Protease, amylase, lipase and cellulase are the leading enzyme types available in the market.
  • Based on the presence of enzymes, detergents are categorised as enzymatic and non-enzymatic.
  • Country-wise, the Europe enzymes market is divided into Germany, Netherlands and Denmark.

Key Findings of the Report:

  • Rising demand for animal feed will drive the Europe enzymes market in the coming years.
  • The growing demand from textile, food and beverage, detergent, animal feed, pharmaceuticals, and leather industries, among others, will further aid the market growth of protease and amylase.
  • The detergent market in the region is being driven by the expanding household care, professional cleaning, and hygiene sectors.
  • The ability to remove tough stains even at lower temperatures make enzymatic detergents popular in the UK households as they are a cost and energy efficient option. 

Key Offering of the Report:

  • The report by EMR examines the demand of enzymes by its types, end-use industries, applications, and the types of cleaning products.
  • The report gives the historical (2014-2018) and forecasted (2019-2024) market for enzymes in the global as well as Europe markets.
  • It gives demand for enzymatic and non-enzymatic detergents in the global and Europe markets for the periods (2014-2018) and (2019-2024).
  • It analyses the global enzymes trade data for 2018 by the value and volume of the major exporting and importing countries.
  • The report provides the demand for protease, amylase, lipase, and cellulase in the Europe market.
  • The EMR report gives the region-wise historical (2014-2018) and future (2019-2024) production and consumption of enzymes in Europe.
  • It also gives a detailed insight into the regional price trends in the Europe detergent-grade enzymes market for the historical (2014-2018) and forecasted (2019-2024) time periods.

Novozymes Europe, Inc, Koninklijke DSM N.V, DuPont Co. (Genencer), MetGen Oy, AB Enzymes GmbH, and Enzybel International S.A.are the major players in the Europe enzymes market that are discussed in the report. The report by EMR provides a comprehensive view into the latest developments of the competitive landscape of the Europe enzymes industry including plant turnarounds, expansions in capacity, and mergers and acquisitions.

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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"Europe Detergent Grade Enzymes Market: By Type: Protease, Amylase, Lipase and Cellulase, By Region: Germany, Netherlands and Denmark; Detergents Market by Type: Enzymatic, Non-Enzymatic; SWOT Analysis; Historical Supply and Demand (2014-2018); Supply and Demand Forecast (2019-2024); Regional Price Analysis; Competitive Landscape; Cost Analysis"

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