Alternative Profits Blog
Biocatalysts - Opportunities, Trends and Challenges
Biocatalysts refer to bio-based substances, such as enzymes, which controls the rate of chemical reactions.Market Need
Need for catalysts to be obtained from sustainable and renewable resources.
Trends
• Biocatalysis are expected to play an increasingly important role in the chemical world - the enzyme market alone is billion dollar global business.
• There are estimates that the share of biotechnology in global fine chemistry will increase from about 15% to roughly 60% in 2010.
• Applications of biocatalytic enzyme technology can potentially span beyond its existing domains and their applications especially in the cosmetic and food industries are expected to accelerate in future.
• The leading companies in developing and applying biocatalysis for the large-scale manufacture of fine chemicals are Evonik, DSM of the Netherlands, Nicholas Piramal India Ltd., Lonza, and Daicel Chemical Industries and Kaneka, both of Japan.
• Novozymes is a leading enzymes producer in the world, and its contribution to the biofuels industry has been growing in the last few years.









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