All the enzymes that are known to degrade plastic polymers belong to the class “Hydrolases”. Enzymes belonging to this class are involved in a catalytic reaction which causes a breakdown of chemical bonds of its substrate in the presence of water
This report contains market size and forecasts of Plastic-Degrading Enzyme in global, including the following market information:
Global Plastic-Degrading Enzyme Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Plastic-Degrading Enzyme Market Sales, 2017-2022, 2023-2028, (K Tons)
Global top five Plastic-Degrading Enzyme companies in 2021 (%)
The global Plastic-Degrading Enzyme market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
PETase Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Plastic-Degrading Enzyme include CARBIOS, Gk Biochemical Corporation, Fineotex Group, Dymatic Chemicals, Inc., Amano Enzymes Corporation and Monozukuri, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Plastic-Degrading Enzyme manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Plastic-Degrading Enzyme Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Tons)
Global Plastic-Degrading Enzyme Market Segment Percentages, by Type, 2021 (%)
PETase
Lipase
Cutinase
Global Plastic-Degrading Enzyme Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Tons)
Global Plastic-Degrading Enzyme Market Segment Percentages, by Application, 2021 (%)
Single-use Plastic Bottles
Plastic Bags
Straws
Film
Others
Global Plastic-Degrading Enzyme Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Tons)
Global Plastic-Degrading Enzyme Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Plastic-Degrading Enzyme revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Plastic-Degrading Enzyme revenues share in global market, 2021 (%)
Key companies Plastic-Degrading Enzyme sales in global market, 2017-2022 (Estimated), (K Tons)
Key companies Plastic-Degrading Enzyme sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
CARBIOS
Gk Biochemical Corporation
Fineotex Group
Dymatic Chemicals, Inc.
Amano Enzymes Corporation
Monozukuri