The global North America Catalase Market size was significantly robust in 2021 and is expected to register a high CAGR over the forecast period. Increasing use catalase in the food beverage industry for preservation of edible material is a key factor driving market revenue growth. In addition, its adoption in the textile sector relating to better dying of cloth materials is another factor driving revenue growth of the market.
Catalases are enzymes produced by nearly every living organism and are essential to prevent oxidative deterioration of living cells. It has a unique ability to split hydrogen peroxide into water and release oxygen gas in this process. This product is added to the compound to prevent further damage, since hydrogen peroxide is a harmful chemical if not used in optimum quantities. Bleaching agents contain peroxide, which can harm skin and hair, hence this substance is added in the products for protection. In addition, its attribute of prevention of oxidation is beneficial in the storage industry for edible items, wherein it is used as a primary constituent in preservatives. Usually, catalases derived from fungi or other micro-organisms are preferred for such purposes.
Top Companies Operating in the Global North America Catalase Market:
- Novozymes A/S (Denmark)
- Sekisui Diagnostics LLC (U.S.)
- Sigma-Aldrich (U.S.)
- Lifespan Biosciences Inc. (U.S.)
- GenoFocus (South Korea)
- Jiangyin BSDZYME Bio-Engineering Co., Ltd. (China)
- MP Biomedicals (U.S.)
- EUCODIS Bioscience GmbH (Austria)
- Youtell Biochemical Inc. (U.S.)
- Megazyme (Ireland)
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Major Factors Contributing to the Global Materials and Chemicals Market Revenue Growth
Factors, such as rising aesthetics concern and increasing inclination of consumers towards adoption of natural products, are driving market revenue growth. Catalase is extensively applied in the textile industry to remove extra hydrogen peroxide from base textile materials that are obtained from plants, such as in cotton. In addition, it is essential to remove this peroxide to ensure high degree of dyeing. Similarly, due to the growing textile industry, its usage in these sectors has grown. For instance, in 2019, according to Ministry of Textiles of India, the industry has reached a valuation of over USD 40.4 billion. As a result, high demand for this product in the textile sector is driving market revenue growth.
Table of Contents:
- Report Overview
1.1 Research Scope
1.2 Key Catalase market segments
1.3 Major players
1.4 Market analysis by product type
1.5 Market analysis by application
1.6 Report timeline - Global Growth Trends
2.1 Global Catalase market size
2.2 Latest regional market trends
2.3 Emerging growth trends - Competitive Outlook
3.1 Global Catalase market key players
3.2 Global Catalase size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Catalase market
3.5 Mergers, acquisitions, joint ventures, and other strategic alliances
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Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
North America Catalase Market Segmentation
Type (Revenue, USD Million; 2019-2030)
- Industrial Grade
- Food Grade
Application/ End Use Outlook (Revenue, USD Million; 2019-2030)
- Textile Industry
- Food Beverage Industry
- Environmental Protection
- Electronics
- Others
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