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Global Enzymatic Recycling Market Size,Trends, Growth Forecast to 2031

Category : Chemicals & Materials | Report Code : 1615 | Pages : 141 | Oct 2024

Report Overview

Enzymatic plastic recycling is an innovative process that uses specialized enzymes to break down plastic materials into their basic building blocks, allowing them to be recycled into new plastic products. Unlike traditional mechanical recycling, which often degrades the quality of the plastic, enzymatic recycling targets specific polymers, such as PET (polyethylene terephthalate), and depolymerizes them into monomers with high efficiency. These monomers can then be repolymerized into high-quality, virgin-like plastic. This method is more environmentally friendly, as it requires less energy, produces fewer emissions, and can potentially handle a wider range of plastic types, including contaminated and colored plastics. It holds great promise for addressing the global plastic waste problem by enabling a more circular approach to plastic production and reuse.

The global Enzymatic Plastic Recycling market size is projected to grow from US$ 51.8 million in 2024 to US$ 137 million in 2030; it is expected to grow at a CAGR of 17.5% from 2024 to 2030.

Analytic Insights Hub' newest research report, the “Enzymatic Plastic Recycling Industry Forecast” looks at past sales and reviews total world Enzymatic Plastic Recycling sales in 2022, providing a comprehensive analysis by region and market sector of projected Enzymatic Plastic Recycling sales for 2023 through 2029. With Enzymatic Plastic Recycling sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Enzymatic Plastic Recycling industry.

This Insight Report provides a comprehensive analysis of the global Enzymatic Plastic Recycling landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Enzymatic Plastic Recycling portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Enzymatic Plastic Recycling market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Enzymatic Plastic Recycling and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Enzymatic Plastic Recycling.

United States market for Enzymatic Plastic Recycling is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Enzymatic Plastic Recycling is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Enzymatic Plastic Recycling is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Enzymatic Plastic Recycling players cover Carbios, Samsara Eco, Protein Evolution, Epoch Biodesign, Yuantian Biotechnology, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Enzymatic Plastic Recycling market by product type, application, key players and key regions and countries.

Segmentation by Type:
    PET
    PEF
    PE

Segmentation by Application:
    Food and Beverage Packaging
    Clothing and Textiles
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

Segmentation by Type:
    PET
    PEF
    PE

Segmentation by Application:
    Food and Beverage Packaging
    Clothing and Textiles
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Carbios
    Samsara Eco
    Protein Evolution
    Epoch Biodesign
    Yuantian Biotechnology
    Birch Biosciences
    Enzymity
    Plasticentropy

Frequently Asked Questions?

Ans - The purpose of a Enzymatic Recycling market research report is to provide data-driven insights and analysis on a Enzymatic Recycling market. It helps businesses understand industry trends, competition, consumer behavior, market size, growth potential, and risks, supporting strategic decision-making.

Ans - Market research reports typically include both quantitative (market size, revenue, growth rates) and qualitative (trends, consumer preferences, competitive analysis) data. It often includes industry statistics, surveys, expert opinions, historical data, and future forecasts.

Ans - The forecast period typically for Enzymatic Recycling market report spans the next 5 to 10 years. It includes projected market trends, growth opportunities, and potential challenges.

Ans - Yes, Analytic Insights Hub customization services, allowing businesses to focus on specific geographies, sectors, or market segments that are relevant to them.

Ans - The report highlights major trends such as technological innovations, consumer behavior shifts, regulatory changes, or emerging markets that may impact the industry?s growth.