Posted on 02 Apr 2019
According to a new report by EMR titled, ‘North America Detergent Grade Enzymes Market Report and Forecast 2019-2024’, the North America enzymes market is projected to reach a volume of about 450 KMT by 2024, aided by the growing enzymes market globally. The global enzymes market is expected to grow at a CAGR of nearly 6% in the forecast period of 2019-2024.
Enzymes are specialised proteins which act as biocatalysts by speeding up biochemical reactions. During the chemical reaction, they either combine with molecules to form new products or help breakdown the molecules into smaller pieces. In the North America market, enzymes find wide-spread use in sectors like food and beverage, textiles, pharmaceutical, and detergents. In the pharmaceutical industry, enzymes are administered to patients in small doses in highly purified forms. Their application in the sector ranges from addressing the deficiency of enzymes in the body to prompting the healing of wounds by killing off harmful disease-causing micro-organisms. They are also used to diagnose certain diseases.
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In the United States, proteases are leading the enzymes market, finding extensive application in the detergent sector. Almost 80% of the detergents used in the US are enzymatic detergents, which reached a value of USD 13 billion in 2017. Addition of enzymes in the laundry detergents makes cleaning more cost and energy efficient as well as making them more eco-friendly. They help remove the odour and stain-causing bacteria from clothes. Proteases are also added to detergents, which are used to clean medical instruments. They help break down body fluids like blood, and mucous along with tissue into elements that are soluble in water, making the equipment easier to clean.
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Market Analysis by Type, and Region:
Key Findings of the Report:
Key Offering of the Report:
Novozymes North America, Inc, BASF Enzymes LLC, DuPont Co. (Genencer), Archer Daniels Midland Company, DSM Nutritional Products, LLC, Amano Enzymes Corporation, Advanced Enzymes USA, and American Laboratories, Inc. are the key players in the North America 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 North America enzymes industry including plant turnarounds, mergers and acquisitions, and expansions in capacity.
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.
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