Fermentation Chemicals Market is projected to expand at a steady CAGR over the forecast period 2017-2025
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<strong>Ferment<strong>at</strong>ion</strong> <strong>Chemicals</strong> <strong>Market</strong> <strong>is</strong> <strong>projected</strong><br />
<strong>to</strong> <strong>expand</strong> <strong>at</strong> a <strong>steady</strong> <strong>CAGR</strong> <strong>over</strong> <strong>the</strong> <strong>forecast</strong><br />
<strong>period</strong> <strong>2017</strong>-<strong>2025</strong><br />
The L<strong>at</strong>est Comprehensive Industry research study titled, “<strong>Ferment<strong>at</strong>ion</strong><br />
<strong>Chemicals</strong> <strong>Market</strong> by Products, Applic<strong>at</strong>ion - Global Industry Analys<strong>is</strong> and<br />
Forecast To <strong>2025</strong>” publ<strong>is</strong>hed by Crystal <strong>Market</strong> Research, st<strong>at</strong>es th<strong>at</strong> <strong>the</strong><br />
ferment<strong>at</strong>ion chemicals market <strong>is</strong> <strong>projected</strong> <strong>to</strong> be around $ 77.93 billion by <strong>2025</strong>.<br />
The global ferment<strong>at</strong>ion chemicals market was valued around USD 47.28 billion in 2016<br />
and <strong>is</strong> expected <strong>to</strong> reach roughly USD 77.93 billion by <strong>2025</strong> while maintaining a<br />
compound annual growth r<strong>at</strong>e (<strong>CAGR</strong>) of 5.71% during <strong>the</strong> <strong>forecast</strong> <strong>period</strong>. <strong>Ferment<strong>at</strong>ion</strong><br />
<strong>is</strong> a process rel<strong>at</strong>ed <strong>to</strong> metabol<strong>is</strong>m th<strong>at</strong> absorbs sugar in <strong>the</strong> absence of oxygen. The<br />
products are gases, alcohol, or organic acids. It ex<strong>is</strong>ts in bacteria and yeast, and also in<br />
oxygen- craved muscle cells, as in <strong>the</strong> event of lactic acid ferment<strong>at</strong>ion. The ferment<strong>at</strong>ion<br />
science <strong>is</strong> referred as zymology. <strong>Ferment<strong>at</strong>ion</strong> chemicals are a vital ingredient in <strong>the</strong><br />
production of green bio-based products. With strict environmental policies being enforced<br />
by regula<strong>to</strong>ry authorities in developed countries such as <strong>the</strong> United St<strong>at</strong>es, <strong>the</strong><br />
requirement for <strong>the</strong>se products <strong>is</strong> predicted <strong>to</strong> increase rapidly <strong>over</strong> <strong>the</strong> <strong>forecast</strong> <strong>period</strong>.<br />
Environmental concerns are likely <strong>to</strong> propel demand for <strong>the</strong> ferment<strong>at</strong>ion chemicals<br />
market as <strong>the</strong>se are environment-friendly and can be used in a variety of industrial<br />
applic<strong>at</strong>ions. There has also been an increase in <strong>the</strong> demand for fermented alcohols<br />
worldwide, which <strong>is</strong> expected <strong>to</strong> boost <strong>the</strong> demand for ferment<strong>at</strong>ion chemicals as a staple.<br />
For example, <strong>the</strong> demand for ferment<strong>at</strong>ion chemicals has increased progressively due <strong>to</strong><br />
its applic<strong>at</strong>ion as a staple in <strong>the</strong> chemical, rubber, plastic, le<strong>at</strong>her and textile industry.<br />
Get sample copy of th<strong>is</strong> Report: https://www.crystalmarketresearch.com/reportsample/CM09216<br />
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The global ferment<strong>at</strong>ion chemicals market <strong>is</strong> expected <strong>to</strong> witness prominent growth due <strong>to</strong><br />
a major drop in time, as well as <strong>the</strong> price of producing products using ferment<strong>at</strong>ion<br />
chemicals th<strong>at</strong> act as accelera<strong>to</strong>rs, which in result boosted <strong>the</strong>ir demand. Huge<br />
requirement for ferment<strong>at</strong>ion chemicals for <strong>the</strong> production of methanol & ethanol <strong>to</strong> meet<br />
demand from a range of chemical and industrial applic<strong>at</strong>ions <strong>is</strong> prone <strong>to</strong> drive <strong>the</strong> global<br />
ferment<strong>at</strong>ion chemicals market. Massive demand for n<strong>at</strong>ural acids from fiber & plastic<br />
producers will have a key impact on <strong>the</strong> market growth <strong>over</strong> <strong>the</strong> <strong>forecast</strong> <strong>period</strong>. These<br />
acids are used in animal feed, nutritional food, and food preserv<strong>at</strong>ion. R<strong>is</strong>ing demand for<br />
nutritional and sealed food <strong>is</strong> <strong>projected</strong> <strong>to</strong> fur<strong>the</strong>r trigger <strong>the</strong> market demand. R<strong>is</strong>ing<br />
enzymes demand from various industrial applic<strong>at</strong>ions such as paper, personal care, and<br />
starch <strong>is</strong> expected <strong>to</strong> have considerable positive effects on <strong>the</strong> global market growth.<br />
The major participants in <strong>the</strong> global ferment<strong>at</strong>ion chemicals market are; DuPont Dan<strong>is</strong>co<br />
A/S, Amano Enzyme, Inc., Evonik Industries, BASF SE, Archer Daniels Midland, Ajinomo<strong>to</strong><br />
Company Incorpor<strong>at</strong>ion, Cargill, Inc., and The Dow Chemical Company. On bas<strong>is</strong> of<br />
products types, <strong>the</strong> market <strong>is</strong> split in<strong>to</strong>; Enzymes, Alcohols and Organic Acids. By<br />
applic<strong>at</strong>ion, <strong>the</strong> global market <strong>is</strong> classified as; Plastics and Fibers, Industrial Applic<strong>at</strong>ions,<br />
Nutritional and Pharmaceutical, Food and Beverages and O<strong>the</strong>rs. Geographically, <strong>the</strong><br />
global ferment<strong>at</strong>ion chemicals industry <strong>is</strong> segmented in regions which are; Europe<br />
(Germany, Spain, Italy, France, UK and Rest of Europe), Asia-Pacific (Japan, China, India,<br />
Australia, South Korea and Rest of Asia Pacific), North America (<strong>the</strong> United St<strong>at</strong>es, Mexico<br />
and Canada)and Rest of <strong>the</strong> World (Brazil, Saudi Arabia, South Africa, United Arab<br />
Emir<strong>at</strong>es and O<strong>the</strong>rs).<br />
Key findings of <strong>the</strong> ferment<strong>at</strong>ion chemicals market<br />
The global ferment<strong>at</strong>ion chemicals market was valued approxim<strong>at</strong>ely USD 47.28<br />
billion in 2016 and <strong>is</strong> anticip<strong>at</strong>ed <strong>to</strong> reach almost USD 77.93 billion by <strong>the</strong> end of<br />
<strong>2025</strong> while maintaining a compound annual growth r<strong>at</strong>e (<strong>CAGR</strong>) of 5.71% from<br />
2016 <strong>to</strong> <strong>2025</strong>.<br />
<strong>Ferment<strong>at</strong>ion</strong> chemicals are extensively utilized for industrial applic<strong>at</strong>ions, and <strong>the</strong><br />
industrial segment had 44.7% share of <strong>to</strong>tal market volume in 2015. Growing<br />
industrializ<strong>at</strong>ion in developing countries like China and India are likely <strong>to</strong> drive <strong>the</strong><br />
growth of th<strong>is</strong> segment. Fibers and plastics are <strong>projected</strong> <strong>to</strong> experience <strong>the</strong><br />
maximum growth of 5.6% during <strong>the</strong> <strong>forecast</strong> years. Escal<strong>at</strong>ing demand for<br />
composites and bio-plastics <strong>is</strong> <strong>forecast</strong>ed <strong>to</strong> boost <strong>the</strong> growth of th<strong>is</strong> segment <strong>over</strong><br />
<strong>the</strong> <strong>forecast</strong> <strong>period</strong>.<br />
The North American region has emerged as <strong>the</strong> <strong>to</strong>p market with 33.7% market<br />
share in 2015. Elev<strong>at</strong>ed demand for food & beverage and industrial applic<strong>at</strong>ion<br />
segments predominantly in <strong>the</strong> United St<strong>at</strong>es has bes<strong>to</strong>wed <strong>to</strong>wards superior<br />
market penetr<strong>at</strong>ion in <strong>the</strong> region.<br />
Asia Pacific region <strong>is</strong> expected <strong>to</strong> exhibit <strong>the</strong> highest growth <strong>over</strong> <strong>the</strong> <strong>forecast</strong><br />
<strong>period</strong>. The rapid development of key end-use industries like pharmaceuticals,<br />
plastics and food & beverages in Thailand, China, Indonesia, India and <strong>is</strong> likely <strong>to</strong><br />
propel <strong>the</strong> regional market.<br />
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Key industry players involve Amano Enzyme Inc, BASF SE, Cargill Inc, The Dow<br />
Chemical Company, DuPont Dan<strong>is</strong>co A/S, Archer Daniels Midland, Evonik Industries,<br />
Ajinomo<strong>to</strong> Company Incorpor<strong>at</strong>ion, etc.<br />
Make Inquiry about Report: https://www.crystalmarketresearch.com/send-anenquiry/CM09216<br />
Key <strong>Market</strong> Players:<br />
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DuPont Dan<strong>is</strong>co A/S<br />
Amano Enzyme Inc.<br />
Evonik Industries<br />
BASF SE<br />
Archer Daniels Midland<br />
Ajinomo<strong>to</strong> Company Incorpor<strong>at</strong>ion<br />
Cargill Inc.<br />
The Dow Chemical Company<br />
Table of content:<br />
1.Introduction<br />
1.1.Report Description<br />
1.2.Research Methodology<br />
1.2.1. Secondary Research<br />
1.2.2. Primary Research<br />
2.Executive Summary<br />
2.1.Key Highlights<br />
3.<strong>Market</strong> Overview<br />
4.<strong>Ferment<strong>at</strong>ion</strong> <strong>Chemicals</strong> <strong>Market</strong>, By Product Type<br />
4.1.Introduction<br />
4.2.<strong>Ferment<strong>at</strong>ion</strong> <strong>Chemicals</strong> <strong>Market</strong> Assessment and Forecast, By Product Type, 2016-<br />
<strong>2025</strong><br />
4.3.Alcohols<br />
4.3.1. <strong>Market</strong> Assessment and Forecast, By Region, 2016-<strong>2025</strong> ($Million)<br />
4.4.Enzymes<br />
4.5.Organic Acids<br />
4.5.1. <strong>Market</strong> Assessment and Forecast, By Region, 2016-<strong>2025</strong> ($Million)<br />
4.6.O<strong>the</strong>r Product Type<br />
4.6.1. <strong>Market</strong> Assessment and Forecast, By Region, 2016-<strong>2025</strong> ($Million)<br />
5.<strong>Ferment<strong>at</strong>ion</strong> <strong>Chemicals</strong> <strong>Market</strong>, By Applic<strong>at</strong>ion<br />
5.1.Introduction<br />
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5.2.<strong>Ferment<strong>at</strong>ion</strong> <strong>Chemicals</strong> <strong>Market</strong> Assessment and Forecast, By Applic<strong>at</strong>ion, 2016-<strong>2025</strong><br />
5.3.Industrial Applic<strong>at</strong>ions<br />
5.3.1.1.<strong>Market</strong> Assessment and Forecast, By Region, 2016-<strong>2025</strong> ($Million)<br />
5.4.Food and Beverages<br />
5.4.1.1.<strong>Market</strong> Assessment and Forecast, By Region, 2016-<strong>2025</strong> ($Million)<br />
5.5.Nutritional and Pharmaceutical<br />
5.5.1.1.<strong>Market</strong> Assessment and Forecast, By Region, 2016-<strong>2025</strong> ($Million)<br />
5.6.Plastics and Fibers<br />
5.6.1.1.<strong>Market</strong> Assessment and Forecast, By Region, 2016-<strong>2025</strong> ($Million)<br />
5.7.O<strong>the</strong>r Applic<strong>at</strong>ions<br />
5.7.1.1.<strong>Market</strong> Assessment and Forecast, By Region, 2016-<strong>2025</strong> ($Million)<br />
6.<strong>Ferment<strong>at</strong>ion</strong> <strong>Chemicals</strong> <strong>Market</strong>, By Region<br />
7.Company Profiles<br />
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