Global Fermentation Chemicals Market to Reach $72 Billion by 2021 – Growing Demand For Bio Based Feedstock in Industrial Biotechnology – Research and Markets
DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Global
Fermentation Chemicals Market” report to their offering.
The global fermentation chemicals market has been estimated at USD 56.11
billion in 2016 and is projected to reach USD 72.02 billion by 2021,
growing at a CAGR of 5.12% during the forecast period, 2016 to 2021.
Fermentation chemicals serve as a processor or catalyst in a reaction
and are used to speed up the reaction process. The growing demand from
the alcohol industry, increasing expenditure on research in leading
economies of the world, and the innovation in the pharmaceutical
industries across various leading countries are expected to drive the
market for fermentation chemicals, throughout the world. However, the
market faces certain drawbacks with the availability of raw material and
complexity in the manufacturing process leading to higher cost. These
factors may act as a roadblock to the growth of the market.
The global fermentation chemicals market, by product type, is broadly
segmented into alcohols (which is further divided into ethanol and other
alcohols), organic acids, enzymes, and others. The increasing government
support, with the implementation of new rules and regulations to build a
greener industry, and the growing demand for bio-based feedstock in
industrial biotechnology are opening a gateway to opportunities in the
global fermentation chemicals market.
Companies Mentioned:
- AB Enzymes
- Ajinomoto Co., Inc.
- Amano Enzyme Inc.
- Archer Daniels Midland Co.
- BASF SE
- Biocon
- BioVectra
- Cargill Inc.
- Chr. Hansen A/S
- DSM
- Du Pont Danisco A/S
- Evonik Industries AG
- Hansen
- Hanwha Group
- Lonza
- MicroBiopharm Japan Co., Ltd.
- Novasep
- Novozymes A/S
- TCI Chemicals (India) Pvt. Ltd.
- Teva Pharmaceutical Industries Ltd.
- The Dow Chemical Co.
Key Topics Covered:
1. Introduction
2. Executive Summary
3. Fermentation Chemicals Market
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis (Market size, growth and forecast)
7. Competitive Landscape
8. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/kdgjdp/global
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Related
Topics: Catalysts