May 18, 2024
Global Textile Enzymes Market

Global Textile Enzymes Industry Market – Poised for Significant Growth

The global textile enzymes market has been witnessing steady growth over the past few years and is expected to grow significantly during the forecast period from 2023 to 2031. Various factors are driving the demand for textile enzymes across the world.

Market Size and Growth Rate

The size of the Global Textile Enzymes Market was valued at around US$ 694.9 Mn in 2022. Various research and market reports project the market to exhibit a strong CAGR of over 5% during the forecast period. The Asia Pacific region currently dominates the global textile enzymes market with a share of over 40% due to the large textile manufacturing bases in countries such as China, India, and Pakistan. Europe and North America are other major markets for textile enzymes.

Growing Demand from Emerging Economies

Emerging economies with large textile sectors such as India, Bangladesh, Indonesia, Vietnam etc. are witnessing huge demand growth for textile enzymes. The rapidly growing apparel and garment industries in these countries require large volumes of textile enzymes for various fabric processing applications. Increased industrialization, rising incomes, and growing populations are fueling the textile industries in developing nations which in turn is driving the demand for textile enzymes. Strong economic growth projections for emerging Asian and Latin American countries indicate further opportunities for the global textile enzymes market.

Product Type Insights

Based on product type, the global textile enzymes market is segmented into cellulase, pectinase, amylase, catalase, and others. The cellulase segment currently accounts for the largest share of over 30% of the market due to wide application in fabric bio-polishing and removing fuzzy fibers from cotton and other cellulosic fabrics. Pectinase enzymes are also gaining significance due to usage in pre-treatment processes to improve the dyeability and feel of cotton and flax fabrics. Amylase enzymes find application in denim processes for stone washing effects. Going forward, custom enzyme blends designed for specific textile effects is expected to be a major trend.

Increasing Environmental Regulations

Growing environmental regulations regarding the usage of chemicals in textile processing present a major driver for the textile enzymes industry. Enzymes offer eco-friendly alternatives to harsh chemicals used for fabric treatments like desizing, scouring, bio-polishing etc. They allow textile manufacturers to comply with stringent legislation prohibiting the use of hazardous substances. Major textile producing countries have implemented regulations promoting the adoption of non-toxic and sustainable production methods which works in favor of this green technology. Rising consumer demand for eco-friendly apparel will also catalyze the use of enzymes in textile manufacturing.

Application Insights

The key application areas for textile enzymes include:

– Bio-Polishings – Cellulases are widely used for making fabrics soft and giving a polished look by removing small fuzzy fibers. This makes up over 20% of textile enzyme demand.

– Denim Processing – Amylases and pectinases help in producing stone-washed and faded denim effects. Denim accounts for 15-18% of the market.

– Fabric Dyeing and Printing – Monoclaric enzyme formulations help improve penetration of dyes into fibers for better color yield. Around 15% of demand stems from this segment.

– Fabric Modifications – Customized enzymes facilitate functions like permanent press, antistatic properties, wrinkle resistance, water/oil repellency in fabric modifications.

– Pre-Treatments – Enzymes used in operations like desizing, scouring, bleaching aid in prep of fibers for downstream processes. Approximately 10-12% of enzymes are utilized here.

– Others – Finishing processes like fabric softening and aging also deploy textile enzymes to a lesser extent.

Key Market Players

Some of the leading players operating in the global textile enzymes market include Novozymes A/S, Sunson Industry Group Co.Ltd., Lumis, AB Enzymes, Epygen Labs FZ LLC, Ekko Enzymes, Hunan Dekon Biotechnology Co.,Ltd., Guangzhou Canhao Biochemical Products Co.,Ltd., and Maps Enzymes Limited among others. These industry participants are focusing on new product launches, capacity expansions and strategic collaborations to strengthen their global presence.

The textile enzymes market demonstrates strong potential for valuable growth over the coming years supported by favorable industry trends. The increasing emphasis on eco-friendly production methods will prove instrumental in propelling the industry forward. Major manufacturers are actively developing innovative enzyme formulations to expand market opportunities.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it