Textile Enzymes Market is expected to expand at a compound annual growth rate (CAGR) of 5.4% over the course of the forecast period
The worldwide textile enzyme market was estimated to be worth USD 775.1 million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 5.4% over the course of the forecast period. The market is expected to develop over the forecast period due to rising demand for lactases and cellulose for denim finishing and textile product decolorization. Growing awareness of non-toxic and environmentally friendly chemicals used by textile manufacturers to lessen pollution from textile production is expected to fuel demand for the product.
Growing consumer and manufacturer demand for non-toxic, bio-based textile treatments. Because they are biodegradable, enzymes are safer for both the environment and employees. Over the upcoming years, the market for textile enzymes will expand in new ways due to a paradigm change in textile design and the introduction of new fabric finishing techniques.
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Growth Drivers
Enzymes facilitate closed-loop operations by assisting in the recycling and upcycling of textile waste. The market is expanding as a result of the rapid textile output in developing nations like Bangladesh, China, and India. Growing textile exports and investments in greener production methods are driving up demand for enzymes. The industry is expanding because to advancements in enzyme engineering and biotechnology.
One of the main factors propelling the textile enzyme market is the expanding textile sector in emerging nations, especially in Asia-Pacific and Latin America. Because of advantageous government regulations, cheap labor, and rising local demand, textile production is booming in these areas. Since textile enzymes are crucial for streamlining production procedures and guaranteeing textile quality, the growth of textile manufacturing facilities in these areas is driving up demand for them.
Segmentation
Textile Enzyme by Source
· Animal Tissues
· Plants
· Micro-organisms
Textile Enzyme by Type
· Amylases
· Cellulose
· Lipases
· Proteases
· Pectinases
· Laccases
· Other Types
Textile Enzyme Market by Application
· De-Sizing
· Bio-Polishing
· Bleaching
· Bio-Sourcing
· Other Applications
By Region
· Asia-Pacific
· North America
· Latin America
· Middle East and Africa
· Europe
Key Players
· Novozymes
· BESTZYME BIO-ENGINEERING CO., LTD.
· AB Enzymes
· BASF SE
· DENYKEM
· DSM
· Kemin Industries, Inc.
· Advanced Enzyme Technologies
· Ultreze
· EPYGEN LABS LLC.
· Sunsong Industry Group Co., Ltd.
· Noor Enzymes
· Antozyme Biotech Pvt. Ltd.
· Nature BioScience Pvt. L.T.D.
· Tex Biosciences (P) Ltd.
· Infinita Biotech Private Limited
· Other Players
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