Increasing demand for renewable energy source is expected to drive the demand for amylases biofuel enzymes market within the forecast period. Additionally, rising cost of fossil fuels is anticipated to augment the demand for amylases biofuels enzymes market. However, the machinery required to farm the plants for producing biofuels emit high level of carbon emissions. Thus, stringent regulations against carbon emissions are expected to hamper the demand for amylases biofuels enzymes. Development of new low cost enzymes may yield better for biofuels in the near future. Owing to the growing demand for renewable energy source, research and development coupled with increasing competition, the demand for biofuel enzymes is expected to rise exponentially. In addition, patent expiries and new technologies would fuel the demand further.
Amylase is an enzyme that catalyses the hydrolysis of starch into sugars. The pancreas and salivary gland makes amylase to hydrolyse dietary starch into dissacharide and trisaccharides to supply body with energy. In addition, plants and some other bacteria produce amylase. Most biofuels are based on sugars. The sugars are fermented into alcohol such as ethanol or butanol after extraction and thus can be used as fuels. Amylases biofuel enzymes decrease our dependency on nonrenewable carbon based fuels such as gasoline. Ethanol is a common amylase biofuel enzyme in the market. In addition, biodiesel is another form of biofuel that has a high potential to meet more than half of the world demand for transportation. Furthermore, they are used in other applications such as giving stonewashed jeans their characteristic appearance.
There are various types of amylase biofuels. Cellulosic ethanol which is one of the examples of amylase biofuels is becoming increasingly popular. However, cellulosic ethanol requires chemical reactions for its production. Cellubiase is an amylase biofuel enzyme that helps to convert cellulose to glucose. This glucose can then be converted to fuel.
Scientists have discovered a new plant enzyme called Caffeoyl shikimate esterase which is expected to be a breakthrough in the production of cellulosic bio-based fuels which is mainly made from crop wastes and plastics and chemicals. It controls the formation of lignin. In this case, by downregulating the function of Caffeoyl shikimate esterase genes, reducing 36% lignin per gram of stem material is possible which in turn boosts the sugar levels up to four times. The development of this enzyme is expected to be a revolution in the amylases biofuel enzymes market.
Brazil dominated the ethanol-based fuel market in the past and the trend is expected to continue in the near future. In the U.S., ethanol is the most common biofuel additive. With the combined production of 80% of the market, biofuels’ leading enzyme manufacturers are Novozymes and Danisco-Genencor. In addition, Codexis has entered into an agreement with Shell to produce enzymes for second-generation biofuel generation. These companies intend to focus on new product development. The amylase biofuel enzymes market is still in its infancy stage. This is a consolidated market. Novozymes is developing of producing ethanol from biomass. Furthermore, it is planning to develop a range of potential feedstocks and thus scale up their processes.
Some other players profiled in the amylases biofuel enzymes market research report are Enzyme Development Corporation, Enzyme Solutions Inc., Enzyme Supplies Ltd., Jiangsu Boli Bioproducts Co. Ltd, Montana Microbial Products, Noor Creations, Novozymes A/S, Royal Dsm Nv, Schaumann Bioenergy, Specialty Enzymes & Biotechnologies Co. and Verenium Corporation among others.
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Rest of the World
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a six-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides distinctive graphics and exemplified SWOT analysis of major market segments