Cellulase Market Industry Analysis and Outlook 2018-2026

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Cellulase Market- Global Industry Insight,
Trends, Outlook, and Opportunity Analysis
2017-2025

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REPORT DESCRIPTION
Cellulase Market Overview
Cellulase is an enzyme and a prime component of
cell wall. Cellulase is also produced from fungi,
bacteria, protozoans, plants, and animals. There
are three main components of cellulase, namely
endoglucanase, exoglucanase, and ß-glucosidase,
which effectively convert lignocellulosic biomass
into fermentable sugar. Cellulase plays a crucial
role in hydrolysis of cellulose. It is the most
abundant renewable biological resource and a
low-cost energy source. The production of
bio-based products and bioenergy from less costly
renewable lignocellulosic materials would aid the
local economy by giving them employment,
environment, and fulfilling energy requirement in
the country. Cellulases are being commercially
produced by several industries worldwide and are
widely being used in food, animal feed,
fermentation, agriculture, pulp and paper, and
textile applications. Market Dynamics Cellulase
require less energy during refining and it also
improves paper quality, owing to which the use of
cellulase in paper and pulp has significantly
increased. Some other applications of cellulase
are deinking of paper, which improves fiber
brightness, freeness, cleanliness, and eliminates
the usage of alkali. Moreover, the ability of
cellulase to decrease viscosity of pulp
facilitates efficient drainage of waste in paper
mills. Therefore, such applications are expected
to increase demand for cellulase in paper pulp
production.
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REPORT DESCRIPTION

• Market Taxonomy
• On the basis of source type, the global cellulase
  market is segmented into
• Fungi
• Bacteria
• Acinomycetes
• Plants
• Animals
• On the basis of application, the global cellulase
  market is segmented into
• Textile
• Paper and Pulp
• Food and Beverages
• Animal Feed
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REPORT DESCRIPTION
Market Outlook Among applications, textile
segment was dominant in the market in 2017.
Application of cellulase in textiles has helped
in the growth of the textile industry. Cellulase
is used due owing to its several beneficial
properties in textiles. The acidic cellulase
improves the softness and water absorption
property of fiber, reduces the tendency for pill
formation, and provides a smooth surface with
less fur. Cellulase is vastly used in textile
applications such as bio polishing of textile
fibers, improving fabric quality, biostoning of
jeans, and removal of excess dye. The segment is
projected to grow over the forecast period.
According to a statistics of India Brand Equity
Foundation (IBEF), Indian textile market has
increased from US 99 Billion in 2014 to US137
Billion in 2016 and exhibited a a CAGR of 17.6
during the period 2014-16. North America
accounted for the highest market share in the
global cellulase market in 2017. The region is
projected to maintain its dominance over the
forecast period, owing to increasing production
and use of biofuel. According to a report by
United States Energy information Administration
in July 2018, the production of biofuel has
increased in the U.S. from 1,891 trillion butane
to 2,332 trillion, increasing at a CAGR of 5.4
during 2013 to 2017. To Get Discount on this
Report https//www.coherentmarketinsights.com/ins
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