Biofuel Enzymes Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies and Forecasts, 2014 to 2020

Hexa Research Inc.

Industry Research,Custom Research & Consulting

Biofuel Enzymes Market Analysis, Market Size, Application

Analysis, Regional Outlook, Competitive Strategies And

Forecasts, 2014 To 2020

Industry Insights

Biofuels are renewable source of fuels which are generally formed by animal matter and waste plant.

Biofuel enzymes are catalysts which speed up and alter the ongoing reaction, and increase the

performance, productivity, and environmental gains in biofuels. Global Biofuel enzymes is expected to

witness significant growth over the forecast period on account of increasing applications in corn based

ethanol, lignocellulosic ethanol, biodiesel and others.

Increasing environmental concerns and government guidelines to form legislations favoring blending of

biofuel is a key factor expected to drive the market growth over the forecast period. Growing

consumption of bio-based ethanol and biodiesel has resulted in reduction of fuel cost as well as carbon

dioxide emissions. This factor is likely to boost the demand for biofuel enzymes in near future.

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Hexa Research Inc.

Industry Research,Custom Research & Consulting

Furthermore, increasing usage of biofuel enzymes in transport, chemical, power, agriculture, and

domestic applications is anticipated to impact the market positively over the foreseeable future. High

enzyme cost used in production of lignocellulosic biofuel is the key factor expected to restrain the

market growth in near future. However, development of low cost biofuel enzymes is expected to open

new opportunities for the market participants.

Product Insights

Biofuel enzymes are categorized into various products such as industrial lipases, amalyses and others.

Amalyses market is further divided into cellulase, and industrial proteases. Amalyses market is expected

to witness significant growth on account of its...