|
Research and Markets: Bio Ethanol and Bio Pharmaceuticals Industries Prop up the U.S. Industrial Enzymes Market
DUBLIN, Ireland - Junbe 10 2008 - Research and Markets (http://www.researchandmarkets.com/reports/c94256) has announced the addition of "The U.S. Industrial Enzymes Markets" to their offering.
advertisement
Technological Innovations to Boost U.S. Industrial Enzymes Market.
Manufacturers of paper and pulp, textile, leather, detergents, wastewater treatment chemicals, pharmaceuticals, and bio ethanol are increasingly replacing harsh chemicals with industrial enzymes to achieve cost and process benefits and superior product performance. Industrial enzyme producers will have to continuously offer superior and innovative products to sustain this pace of demand. They will have to draw upon the technological breakthroughs in various segments to lure reluctant users toward enzyme technologies and thereby, tap the huge latent potential of the market.
Manufacturers are unable to make equal investments in each segment. For instance, while bio ethanol and pharmaceuticals obtain significant funding, the paper and pulp and wastewater treatment segments have to make do with much less. This greatly hampers product development activities in the overall market. "Manufacturers can circumvent this situation by strategically leveraging the breakthrough achieved in bio ethanol and pharmaceutical enzymes in other segments," says the analyst of this research. "For example, the state-of-art technologies developed for increasing the specificity and efficiency of enzymes developed in the pharmaceutical arena can be leveraged for the development of enzymes for other applications also."
The prospects of the U.S. industrial enzymes market appear bright as its mainstay application segment, bio ethanol, received a shot in the arm with the passing of the Renewable Fuel Standard (RFS) bill by the Department of Energy (DoE). According to the bill, by 2015, bio ethanol production should reach 15 billion gallons and this augurs well for the bio ethanol enzyme segment. "Going by the bill of materials, average enzyme costs for the production of one gallon of bio ethanol is approximately 3 cents and this translates to huge profits," notes the analyst. "With respect to the pharmaceutical industry, enzymes remain a major mode of treatment for thrombolytics and cystic fibrosis and also play a major role as catalysts in the manufacturing of intermediaries."
Despite the inadequate understanding of the chemistry of enzymes on different woods, the paper and pulp enzymes segment has the potential to grow to at least five times the present size. A typical chemicals supplier generates huge revenues and can easily afford to deploy sufficient manpower to handle customers better. However, insufficient revenue and expertise in other chemicals segments prevent enzyme manufacturers from deploying manpower exclusively for handling customers, which hinders new product development. The market shift toward developing nations such as China, reluctance of customers to modify their process to include enzymes, bio sensitization properties of enzymes on humans, and market maturity in certain segments are curtailing the market from achieving its true potential. However, market participants can still score over chemical companies by promoting their products’ significantly higher energy and cost savings. They could also position their products’ ability to reduce the consumption of chemicals and thereby, lower the waste generated by the products.
This Frost & Sullivan research service titled 'U.S. Industrial Enzymes Market' provides an overview of revenues, as well as analysis of key challenges and forecasts at the segment level. In this research, Frost & Sullivan's expert analysts thoroughly examine the markets for the following application segments: bio ethanol, pharmaceuticals, paper and pulp, wastewater treatment, detergents, textile and leather enzymes, together with the application, product and pricing analysis for both the food and feed enzymes market at the segment level.
Products Covered:
- Paper and pulp enzymes
- Bio ethanol enzymes
- Detergent enzymes
- Pharmaceutical enzymes
- Leather enzymes
- Textile enzymes
- Wastewater treatment enzymes
Key Topics:
- Executive Summary
- Industry Challenges
- Total Industrial Enzymes Market
- Detergent Enzymes Market
- Pulp and Paper Enzymes Market
- Wastewater Treatment Enzymes Market
- Leather Enzymes Market
- Textile Enzymes Market
- Bioethanol Enzymes Market
- Pharmaceutical Enzymes Market
For more information visit http://www.researchandmarkets.com/reports/c94256
Research and Markets
Laura Wood, Senior Manager
Fax: +353 1 4100 980
press@researchandmarkets.com
Would you like to see your news and articles here? GO>>
Disclaimer: The views and opinions expressed in the research published are those of the individual companies and writers and not necessarily those of Investorideas.com®, or any of the industry sector portals . At the time of publication, writers may hold positions in the stocks or companies mentioned.
Investorideas.com® or any of the industry sector portals cannot assure accuracy of the research presented. Investors are encouraged to research and verify facts and under no circumstances is Investorideas.com® endorsing the content as a recommendation to buy or sell stock.
|
