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The growth of the global urease industry is being driven by the rising industrial applications of the product. The product finds extensive uses in the agricultural sector. Since urease from plant sources is comparatively less toxic than the conventional fertilisers and also has nearly no side effects, the global urease industry is expected to further grow in the forecast period. The agronomic and ecological advantages of urease in inhibitors will also boost the growth of the market. Moreover, the global trend of adopting organic products over synthetic products and increased clinical diagnostic consumption will aid the growth of the urease industry. The growth of the product is likely to increase further in the coming years to replace the toxic and chemical fertilisers in the agricultural sectors, thus, driving the market growth in the coming years.
The growth of the major players in the industry is also expected to influence the growth of the market positively. BBI Solutions is one of the leading manufacturers of the product and has produced and supplied the product to the diagnostic industry for over 30 years. The company ensures that they achieve high specific activity and batch-to-batch consistency. It provides reagent and sensor producers with urease products of proven performance, which further boosts its demand growth in the market.
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The major players in the global urease market are BBI Solutions, Sekisui Diagnostics Limited, Sisco Research Laboratories Pvt. Ltd., and Calzyme Laboratories, Inc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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