South Korea Textile Enzymes Market Size & Outlook, 2021-2030
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South Korea textile enzymes market highlights
- The South Korea textile enzymes market generated a revenue of USD 16.7 million in 2021 and is expected to reach USD 24.8 million by 2030.
- The South Korea market is expected to grow at a CAGR of 4.5% from 2022 to 2030.
- In terms of segment, micro-organisms was the largest revenue generating source in 2021.
- Micro-organisms is the most lucrative source segment registering the fastest growth during the forecast period.
Textile enzymes market data book summary
| Market revenue in 2021 | USD 16.7 million |
| Market revenue in 2030 | USD 24.8 million |
| Growth rate | 4.5% (CAGR from 2021 to 2030) |
| Largest segment | Micro-organisms |
| Fastest growing segment | Micro-organisms |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Animal Tissues, Plants, Micro-organisms |
| Key market players worldwide | Genscript Biotech Corp Class H, Novonesis AS ADR, Associated British Foods PLC, Basf SE, DSM, Kemin Industries, Advanced Enzymes, Denykem, Noor Enzymes, Antozyme Biotech, Nature BioScience, Tex Biosciences, Infinity biotech |
Other key industry trends
- In terms of revenue, South Korea accounted for 3.8% of the global textile enzymes market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China textile enzymes market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 40.0 million by 2030.
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Textile Enzymes Market Scope
Textile Enzymes Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Infinity biotech | View profile | 51-100 | Rivergaro, Emilia-Romagna, Italy, Europe | https://infinitybiotechspa.com |
| Tex Biosciences | View profile | 101-250 | Chennai, Tamil Nadu, India, Asia | https://texbiosciences.com |
| Nature BioScience | View profile | 251-500 | Delhi, Delhi, India, Asia | https://naturebioscience.com |
| Antozyme Biotech | View profile | 101-250 | Vadodara, Gujarat, India, Asia | https://antozymebiotech.com |
| Noor Enzymes | View profile | 1-10 | Dubai, Dubai, United Arab Emirates, Asia | http://www.enzyme-india.com |
| Denykem | View profile | 1-10 | Ossett, Wakefield, United Kingdom, Europe | https://www.denykem.co.uk |
| Advanced Enzymes | View profile | 251-500 | Thane, Maharashtra, India, Asia | http://www.advancedenzymes.com |
| Novonesis AS ADR | View profile | 6756 | Krogshoejvej 36, Bagsvaerd, Denmark, 2880 | https://www.novozymes.com |
| Kemin Industries | View profile | 1001-5000 | Des Moines, Iowa, United States, North America | http://www.kemin.com |
| Genscript Biotech Corp Class H | View profile | 6937 | No. 28, Yongxi Road, Jiangning Science Park, Jiangsu Province, Nanjing, China, People's Republic of, 211100 | https://www.genscript.com |
| DSM | View profile | 10001+ | Heerlen, Limburg, The Netherlands, Europe | http://www.dsm.com |
| Associated British Foods PLC | View profile | 133000 | 10 Grosvenor Street, Weston Centre, London, United Kingdom, W1K 4QY | https://www.abf.co.uk |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
South Korea textile enzymes market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to textile enzymes market will help companies and investors design strategic landscapes.
Micro-organisms was the largest segment with a revenue share of 88.02% in 2021. Horizon Databook has segmented the South Korea textile enzymes market based on animal tissues, plants, micro-organisms covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of textile enzymes market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea textile enzymes market , including forecasts for subscribers. This country databook contains high-level insights into South Korea textile enzymes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea textile enzymes market size, by source, 2018-2030 (US$M)
South Korea Textile Enzymes Market Outlook Share, 2021 & 2030 (US$M)
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