In 2023, the global Cellulase Market is estimated at USD 1,685.8 million. The market is likely to reach nearly USD 3,263.5 million by 2033, with a growing CAGR of 6.8% from 2023 to 2033.
The demand for cellulase is soaring in the paper industry, expanding impressively in the last decade. The mechanical pulping process, which is the crushing and refining of woody crude material, results in pulps with a superior substance of fines, mass, and stiffness.
| Report Attribute | Details |
|---|---|
| Cellulase Market Value (2023) | USD 1,685.8 million |
| Cellulase Market Anticipated Value (2033) | USD 3,263.5 million |
| Cellulase Projected Growth Rate (2023 to 2033) | 6.8% |
With the double-digit growth in the global healthcare industry and the struggle against antibiotic-resistant bacteria, it can be predicted that the cellulase market to experience a significant CAGR over the forecast period. Cellulase has been used in making clothing products in the textile industry, particularly for rayon.
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Cellulase is extensively used in processing coffee, mainly at the time of the drying process. Cellulase is used in winemaking owing to its cellulolytic properties, it breaks down the grape skin and also removes tannins and unpleasant aromas. Cellulase, interactively along with other enzymes is used to make fruit juices. Such wide applications of this enzyme are likely to boost the global cellulase market.
With the steady growth in the food and beverages industry, the cellulase market can be predicted to bloom at a considerable CAGR throughout the forecast period.
Cellulase is used in industrial applications to develop laundry detergents and washing and cleaning agents. The mushrooming rise in the industrial sector is lucratively impacting the cellulase market. Also, cellulase is widely known as a substitute for anti-biotic in treating biofilms produced by Pseudomonas.
The growing use of cellulase is witnessed in various industries, including bioethanol, paper, pulp, agriculture, and others. Particularly in the paper and pulp industry, the adoption of cellulase has increased, and it needs reduced energy while refining and assisting in enhancing paper quality.
Furthermore, when drinking the paper, cellulose enhances freeness, cleanliness, and brightness and removes the use of alkalis.
The demand for cellulase is growing in the agricultural sector to improve the fertility of the soil plant growth and to prevent and control diseases in plants. Also, the rising production of wheat and other cereals is propelling the growth of the market further.
Processing cellulase is not cost-effective and is meant to be one of the primary factors hindering the growth of the global market. Furthermore, cellulose is widely used for biomass saccharification, which restricts the commercialization of biomass bio-refineries. This factor, too, is anticipated to hinder the demand for cellulase in the market.
In the global cellulase market, North America accounts for 34.4% market share. Amongst all the other regions, North America is predicted to lead the market owing to growing production and increased use of biofuel. In the recent past, the demand for biofuel has been soaring and therefore, the production too has increased, this factor has opened up a larger growth potential for cellulase.
In North America, a country like the USA is the leading cellulose market, so this region is anticipated to maintain its dominance over the forecast period. In July 2018, USA Energy Information Administration published a report stating that biofuel production has escalated in the USA from 1891 trillion butane to 2332 trillion.
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In the global cellulase market, Asia Pacific is said to witness the fastest CAGR over the forecast period. Factors significantly contributing towards larger revenue generation in this region are increasing demand for cellulase for pharmaceutical products and packaging, printed books, clothing, and essential goods, and growing disposable income and overall standard of living.
Asia Pacific has witnessed considerable growth in the textile industry due to a growing consumer preference for clothes that fit comfortably. This results in rising demand for high-value fabrics such as silk, hemp, and viscose.
Increasing strategic acquisition amongst key market players will significantly impact the growth of the global cellulase market. Several companies in this market are focusing on mergers and acquisitions to strengthen their product portfolio.
| Who | MP Biomedicals |
|---|---|
| When | March 2022 |
| Strategic Move | MP Biomedicals recently announced the launch of the 3rd generation of Automated Nucleic Acid Purification - The MPure-32. For over 20 years, the company has been dedicated to offering the scientific community the most superior tools for sample preparation from grinding to DNA amplification. Through the procedure, MP Biomedicals has sought to render a broader variety of products and kits for purifying and extracting nucleic acids. |
| Who | Creative Enzymes |
|---|---|
| When | October 2019 |
| Strategic Move | An enzyme products and services provider company, Creative Enzymes, based in New York, USA, launched three enzyme products to fulfill the growing need for enzymes such as lipase, cellulase, chitinase, etc., in the market. |
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May 2023: Novozymes announced the launch of its new cellulase product, Cellic CTec2, for the production of bioethanol from lignocellulosic biomass.
April 2023: DuPont announced the expansion of its cellulase production capacity in the United States.
March 2023: Amano Enzyme announced the launch of its new cellulase product, Cellulase AP300, for the textile industry.
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 6.8% from 2023 to 2033 |
| Base Year for Estimation | 2022 |
| Historical Data | 2018 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | Revenue in USD million and CAGR from 2023 to 2033 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered | Source, End Use, Region |
| Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; Middle East and Africa |
| Key Countries Profiled | United States of America, Canada, Brazil, Argentina, Germany, United Kingdom, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASIAN, GCC Countries, South Africa |
| Key Companies Profiled | Worthington Biochemical Corporation; MP Biomedicals LLC; Sigma-Aldrich Co. LLC; Prozmix LLC; Creative Enzymes; world; Amano enzyme USA; Amano Enzyme Inc.; Zhongbei Bio-Chem Industry Co. Ltd.; Hunan Hong Ying Biotech Co. Ltd. |
| Customization | Available Upon Request |
The market is estimated to acquire USD 1,685.8 million by 2023.
The rising production of wheat and other cereals drives the market growth.
North America accounts for a dominant market share.
Cellulose's saccharification role hampers bio-refinery commercialization, curbing demand.
Growing production and increased use of biofuel drives North America’s market.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Analysis 2018 to 2022 and Forecast 2023 to 2033, By Source 5.1. Fungi 5.2. Bacteria 5.3. Actinomycetes 5.4. Plants 5.5. Animals 6. Global Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use 6.1. Healthcare 6.2. Industrial 6.3. Food and Beverages 6.4. Textile 6.5. Pulp and Paper 7. Global Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 7.1. North America 7.2. Latin America 7.3. Western Europe 7.4. Eastern Europe 7.5. South Asia and Pacific 7.6. East Asia 7.7. Middle East and Africa 8. North America Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 9. Latin America Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Western Europe Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Eastern Europe Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. South Asia and Pacific Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. East Asia Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. Middle East and Africa Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Key Countries Analysis 16. Market Structure Analysis 17. Competition Analysis 17.1. Worthington Biochemical Corporation 17.2. MP Biomedicals LLC 17.3. Sigma-Aldrich Co. LLC 17.4. Prozmix LLC 17.5. Creative Enzymes 17.6. World 17.7. Amano Enzyme USA 17.8. Amano Enzyme Inc. 17.9. Zhongbei Bio-Chem Industry Co. Ltd. 17.10. Hunan Hong Ying Biotech Co. Ltd. 18. Assumptions & Acronyms Used 19. Research Methodology
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Cellulase Market
