Global Catalase Market to experience hike in growth by 2024

Catalase Market
Catalase Market

Zion Market Research, the market research group announced the analysis report titled “Catalase Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024″

Global Catalase Market: Overview

In metabolic reactions, enzymes act as a catalyst which helps to speed up the reaction. Catalase is one such enzyme having antioxidant properties and also helps in reducing oxidative stress. It helps the cell to defend against the toxic effects of hydrogen peroxide and thus helps to protect the tissue from damage. It has a wide range of application. It acts as a food preservative and has a resistance to extreme levels of pH which makes it useful in the food and beverage industry as well the textile industry.

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Global Catalase Market: Segmentation

The global catalase market is segmented into its source, type, end-users, and geography. On the basis of source, the market is divided into bovine liver and microorganisms. Based on the type, the market is classified into powder and liquid. On the basis of end-users, the market is categorized into textile industry, food and beverage industry, pharmaceuticals, personal care, and other industries. Diversification of the market on the basis of region is seen into North America, Asia-Pacific, Europe, Latin America, and the Middle East and Africa.

Global Catalase Market: Growth Factors

Catalase is helpful to increase the product quality and shelf life of the products. This has resulted in increasing the demand for catalase in the food and beverage sector. As catalase is useful in manufacturing of cheese and food wrappers, there is a significant rise of demand in these sectors as well. Due to its antioxidant property, it is being widely used as an antioxidant. Catalase is also used in the process of waste water management which further boosts the market demand. The rising inclination of the population towards personal care has led to an increase in demand for catalase for aesthetic treatments. Thermal denaturation and resistance against extreme Ph, makes it suitable for textile applications. Thus, the broad range of applicability helps to boost the catalase market across the globe. However, certain factors such as temperature sensitivity, precise storage and high costs are expected to hamper the market growth.

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Global Catalase Market: Regional Analysis

The largest share in the catalase market is held by North America. This can be attributed to factors such as rising aesthetics concern and increasing inclination of consumers towards adoption of natural products are expected to fuel the growth of the catalase market. Countries such as the US and Canada are major contributors in this region. Following North America in its growth is Asia Pacific region especially countries such as China, Japan, India, New Zealand, and Australia. As this region is an opportunistic platform to invest in research and development of the products for various manufacturers, growth will be at an elevated pace. A significant market share will be provided by regions such as Europe, Latin America, and the Middle East and Africa.

Global Catalase Market: Competitive Players

Some of the major companies producing catalases include MP Biomedicals LLC., Sigma-Aldrich Co. LLC., BIO-CAT, Megazyme Inc., Biocatalysts Limited, Kolor Jet Chemical Pvt. Ltd., Lumis Biotech Pvt. Ltd., Novozymes and Sekisui Diagnostics LLC.

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Global Catalase Market: Regional Segment Analysis

North America(U.S.); Europe(UK, France, Germany); Asia-Pacific(China, Japan, India); Latin America(Brazil); The Middle East and Africa

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