Textile Enzyme Market Trends: Surprising Growth and Business Opportunities Forecast to 2030

Rise in textile production and the huge benefits associated with textile enzymes drive the growth of the global textile enzyme market.

WILMINGTON, DE, UNITED STATES, December 3, 2024 /EINPresswire.com/ -- The global textile enzyme market, valued at $672.3 million in 2020, is projected to grow to $1.22 billion by 2030, exhibiting a CAGR of 6.3% from 2021 to 2030, according to a report by Allied Market Research. This growth is attributed to increased textile production and the significant benefits offered by textile enzymes in processes like bio-polishing and fabric designing.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: https://www.alliedmarketresearch.com/request-sample/14740

Key Market Drivers and Opportunities

Growth Drivers:

- Rising textile production globally.
- Enhanced fabric quality and process efficiency enabled by textile enzymes.

Opportunities:

- Increased adoption of bio-polishing and enzyme-based fabric design techniques.
- Emerging applications of enzymes in sustainable and eco-friendly textile manufacturing.

Challenges:

- High costs associated with textile enzyme production pose a restraint.

Market Analysis

By Type:

- Cellulase was the leading segment in 2020, accounting for nearly one-third of the market share.
- The amylase segment is anticipated to grow at the fastest rate, with a CAGR of 7.1% during the forecast period.

By Application:

- The bio-polishing segment dominated in 2020, contributing to over one-fourth of the global market.
- The desizing segment is projected to register the highest CAGR of 7.0% from 2021 to 2030.

By Region:

- Asia-Pacific led the market in 2020, capturing nearly half of the global market share.
- The region is expected to maintain its lead with the fastest CAGR of 6.6% by 2030, driven by a robust textile manufacturing base in countries like China and India.

Key Market Players

Major companies shaping the market include BASF SE, Novozymes A/S, E.I. du Pont de Nemours, Koninklijke DSM N.V., AB Enzymes, Tex Biosciences Pvt. Ltd., and others. These players adopt strategies such as partnerships, collaborations, and expansions to strengthen their market presence.

𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐢𝐧 𝐏𝐫𝐨𝐜𝐮𝐫𝐢𝐧𝐠 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐕𝐢𝐬𝐢𝐭 𝐇𝐞𝐫𝐞: https://www.alliedmarketresearch.com/textile-enzyme-market/purchase-options

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

David Correa
Allied Market Research
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