Latest news with #BASF
Fibre2Fashion
3 days ago
- Business
- Fibre2Fashion
BASF opens new GMP Solution Center in Michigan
BASF opens its new Good Manufacturing Practice (GMP) Solution Center, in Wyandotte, Michigan. This investment underscores the ongoing commitment of BASF to providing innovative solutions in the biopharma and pharmaceutical ingredients industries, including the reliable supply of bioprocessing ingredients and excipients for biopharma applications as well as small molecules. This new facility will play a crucial role in the expansion of BASF's existing network of GMP sites, with innovative systems and processes that ensure products are produced consistently and controlled according to high quality standards. These practices are crucial in the pharmaceutical industry, where the quality of products is paramount for safety and efficacy. Featuring state-of-the-art clean room packaging, and high-sensitivity analytical testing, this new facility enables close collaboration with customers on customized chemistries for product development. Additionally, improved manufacturing capabilities will allow for more tightly controlled parameters beyond compendial limits and a validated control system that allows for high reproductivity. Marion Kuhn, vice president of business management, BASF Pharma Solutions states, 'Our new GMP Solution Center exemplifies BASF's dedication to understanding and addressing the evolving needs of our customers in both the biopharma and pharmaceutical industries. This state-of-the-art facility will play a fundamental role in enabling us to collaborate closely with our customers worldwide on product development and GMP manufacturing in ways that are unique to the industry, further strengthening our position as an innovator in the pharmaceutical sector.' 'Wyandotte's new GMP Solution Center is a key example of BASF's commitment to innovative excellence,' said Benjamin Knudsen, vice president of research North America at BASF Corporation. 'This expansion not only showcases our dedication to developing customized solutions, but it also highlights our ability to adapt and innovate in response to our customers' needs. Together, we are paving the way for new innovative solutions.' Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged. BASF has opened a new GMP Solution Center in Wyandotte, Michigan, enhancing its support for the biopharma and pharmaceutical industries. The facility features clean room packaging, advanced testing, and custom chemistry development. It strengthens BASF's global GMP network and commitment to high-quality, innovative solutions and close customer collaboration. Fibre2Fashion News Desk (HU)
Globe and Mail
3 days ago
- Business
- Globe and Mail
Amway Corp., BASF SE, Bayer AG, Herbalife Nutrition, Symrise, Seppic, Nexira, Johnson and Johnson Services
The Key Nutricosmetics Companies in the market include - Amway Corp., BASF SE, Bayer AG, Herbalife Nutrition, Symrise, Seppic, Nexira, Johnson and Johnson Services, Inc., Biova, Laboratorios de Formulaciones Avanzadas S.L., TOSLA Nutricosmetics, DSM, noVadiet S.A., kynd. life, Martinez Nieto S.A., and others. According to DelveInsight's analysis, The rising popularity of nutricosmetics is largely driven by factors such as increasing consumer preference for natural health and beauty solutions, greater awareness among urban populations about the benefits of nutricosmetics, and a wave of new product launches and innovations expected to fuel market growth from 2024 to 2030. DelveInsight's 'Nutricosmetics Market Insights, Competitive Landscape and Market Forecast-2030' report provides the current and forecast market outlook, forthcoming device innovation, challenges, market drivers and barriers. The report also covers the major emerging products and key Nutricosmetics companies actively working in the market. Nutricosmetics Overview Nutricosmetics are ingestible skincare products—like supplements, beverages, or functional foods—formulated to nourish beauty from within. They combine nutraceuticals and cosmetic benefits, targeting skin, hair, and nail health through vitamins, antioxidants, collagen, probiotics, and other bioactive compounds. DelveInsight Analysis: The global nutricosmetics market was valued at approximately USD 7,495.13 million in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 8.20% from 2024 to 2030, reaching around USD 11,988.24 million by the end of 2030. Nutricosmetics Market Insights Geographically, North America is anticipated to account for the largest share of the global nutricosmetics market in 2023. This growth can be attributed to several factors, including the expanding food and pharmaceutical industries, a rising number of vitamin deficiency cases, and a growing consumer base driven by increased awareness and an aging population in the region. Additionally, the presence of major market players and a surge in research and development efforts focused on nutricosmetics are further contributing to the market's expansion across North America. Recent Developments in the Nutricosmetics Market Report In October 2021, Seppic introduced SEPITONE™, a natural ingredient derived from fermented wild bilberry extract, known for its high concentration of proanthocyanidins. These compounds provide strong antioxidant protection and support collagen production, enhance skin elasticity, and promote healthy blood circulation. In June 2021, Health Canada's Natural and Non-Prescription Health Products Directorate approved Biova's BiovaBIO supplement for making claims related to improved hair thickness. BiovaBIO, a water-soluble egg membrane ingredient, has shown potential to enhance both hair thickness and skin tone within 8 weeks of use. In March 2021, Nexira introduced its NutriBeauty Range, a new collection of natural ingredients and botanical extracts designed for the nutricosmetics sector. This line features targeted formulations for key market needs, including "Glow & Beauty" for antioxidant support, blemish correction, and enhanced skin radiance; "Youth & Prevention" for anti-aging benefits like improved skin firmness, elasticity, and cell renewal; and "Hair & Nails Care" aimed at revitalizing damaged hair and fortifying brittle nails. Thus, owing to such developments in the market, rapid growth will be observed in the Nutricosmetics market during the forecast period Key Players in the Nutricosmetics Market Some of the key market players operating in the Nutricosmetics market include - Amway Corp., BASF SE, Bayer AG, Herbalife Nutrition, Symrise, Seppic, Nexira, Johnson and Johnson Services, Inc., Biova, Laboratorios de Formulaciones Avanzadas S.L., TOSLA Nutricosmetics, DSM, noVadiet S.A., kynd. life, Martinez Nieto S.A., and others. Which MedTech key players in the Nutricosmetics market are set to emerge as the trendsetter explore @ Key Nutricosmetics Companies Analysis on the Nutricosmetics Market Landscape A major factor driving the growth of the nutricosmetics market is the increasing demand for natural health and beauty products derived from organic ingredients. In recent years, consumers have shown a strong shift toward nutricosmetics instead of synthetic beauty solutions. This trend is largely due to issues like skin allergies, irritation, and incompatibility of synthetic products with certain skin types, making natural alternatives more appealing and safer. Thanks to their chewy texture and candy-like flavor, gummies have gained popularity across all age groups. Many people enjoy sweet treats, and the gummy format allows for easy, anytime consumption without posing health risks. As a result, nutricosmetic gummies—which deliver essential nutrients and vitamins to support beauty and overall appearance—are favored for combining effectiveness with great taste. Due to their soft, chewy texture and candy-like taste, gummies have become widely popular among individuals of all ages. Their appeal lies in offering a sweet treat experience that can be conveniently consumed at any time without health concerns. Consequently, nutricosmetic gummies—formulated to deliver key vitamins and nutrients that enhance beauty and appearance—are highly preferred for their balance of nutritional benefits and enjoyable flavor. Scope of the Nutricosmetics Market Report Coverage: Global Study Period: 2021–2030 Nutricosmetics Market Segmentation By Type: (Spinal Cord Stimulators, Deep Brain Stimulators, Sacral Nerve Stimulators, Vagus Nerve Stimulators, and Others Nutricosmetics Market Segmentation By Application Type: Pain Management, Bowel & Bladder Control, Parkinson's Disease, Epilepsy, and Others Nutricosmetics Market Segmentation By End-User: Hospitals, Ambulatory Surgical Centers, and Others Nutricosmetics Market Segmentation By Geography: North America, Europe, Asia-Pacific, and Rest of the World Key Nutricosmetics Companies: Amway Corp., BASF SE, Bayer AG, Herbalife Nutrition, Symrise, Seppic, Nexira, Johnson and Johnson Services, Inc., Biova, Laboratorios de Formulaciones Avanzadas S.L., TOSLA Nutricosmetics, DSM, noVadiet S.A., kynd. life, Martinez Nieto S.A., and others Porter's Five Forces Analysis, Product Profiles, Case Studies, KOL's Views, Analyst's View Interested in knowing how the Nutricosmetics market will grow by 2030? Click to get a snapshot of the Nutricosmetics Market Analysis Table of Contents 1 Nutricosmetics Market Report Introduction 2 Nutricosmetics Market Executive summary 3 Regulatory and Patent Analysis 4 Nutricosmetics Market Key Factors Analysis 5 Porter's Five Forces Analysis 6 COVID-19 Impact Analysis on Nutricosmetics Market 7 Nutricosmetics Market Layout 8 Global Company Share Analysis – Key 3-5 Companies 9 Company and Product Profiles 10 Project Approach 11 Nutricosmetics Market Drivers 12 Nutricosmetics Market Barriers 13 About DelveInsight About DelveInsight DelveInsight is a leading Business Consultant and Market Research firm focused exclusively on life sciences. It supports Pharma companies by providing end-to-end comprehensive solutions to improve their performance. Get hassle-free access to all the healthcare and pharma market research reports through our subscription-based platform PharmDelve. Media Contact Company Name: DelveInsight Contact Person: Gaurav Bora Email: Send Email Phone: +14699457679 Address: 304 S. Jones Blvd #2432 City: Las Vegas State: NV Country: United States Website:
Yahoo
3 days ago
- Business
- Yahoo
Mercanis Secures Over $20 Million in Series A Round
Ensuring Supply Chain Efficiency through AI Founders Mercanis Berlin, June 18, 2025 (GLOBE NEWSWIRE) -- The company receives fresh capital from new investors Partech and AVP, as well as from existing investors. Mercanis enables over 40% process cost savings and supports clients such as BASF-Coatings, GASAG, Goldbeck, Wilson, and Brose. The funds will be used to further develop Agentic AI and support the upcoming expansion plans, including into the U.S. Berlin, June 18, 2025 – In its latest Series A round, Mercanis, a Berlin-based startup for Agentic-AI procurement solutions, has raised over $20 million. The round was led by new investors Partech and AVP, with additional funding from existing investors, including Capmont Technology, and Speedinvest. Well-known business angels like Dr. Ulrich Piepel, Dr. Marcell Vollmer, Mirko Novakovic (Instana & Dash0), and Victor Jacobsson (Klarna) continue their support for additional capital will be used to further strengthen the company's leadership position in Agentic-AI and accelerate its international expansion, including entry into the U.S. market. Fabian Heinrich, CEO and Co-Founder of Mercanis, states: "The trust placed in us by both long-standing and new investors is not only a powerful endorsement of our mission, but also a driving force behind our ongoing commitment to excellence. With this funding, we can expand our AI solution and accelerate our international expansion – particularly into the U.S. In times of geopolitical and economic uncertainty, our technology empowers companies far beyond Germany to build more resilient procurement operations that safeguard their supply chains and protect their bottom line.' Next-generation AI-powered procurementFounded in 2020 by Fabian Heinrich and Moritz Weiermann, Mercanis aims to reshape procurement processes with its Agentic-AI Procurement Suite. The cloud-based platform combines procurement, supplier management, and contract management. Intelligent agents autonomously handle operational tasks, while AI continuously analyzes procurement data to uncover savings opportunities, enhance strategic decisions, and drive measurable results—delivering over 40% process savings, a 2.5x increase in efficiency, and a 12x return on investment. 'Mercanis has transformed the way we manage suppliers and execute procurement projects. What used to take days now takes only hours. The automation and transparency help us act faster and make better decisions – especially when multiple stakeholders are involved. It's a must-have for any procurement team looking to modernize,' says Uwe Kreplin, Head of Procurement at GASAG. In addition to GASAG, Mercanis also counts BASF-Coatings, Goldbeck, Wilson, and Brose among its clients. Within just a few years, Mercanis has established itself as a trusted partner to multinational firms, with impressive traction across organizations now procuring billions through the platform,' says Philippe Collombel, Founding and General Partner at Partech. 'We are particularly impressed by the strength of their product and its ability to drive adoption at scale,' adds Magda Poslusny, Principal at Partech. 'By automating key procurement processes, Mercanis not only boosts operational efficiency but also drives meaningful cost savings by engaging a broader supplier base. We are confident Mercanis is on track to become a category leader in procurement.'About Mercanis:Mercanis offers an Agentic-Ai Procurement Suite that covers the entire procurement process – from supplier selection to contract signing. The solution includes four key modules: Spend Analytics, Sourcing & Request Processes (RFx), Supplier Management (SRM), and Contract Management. With the integrated Mercu AI Co-Pilot, repetitive tasks like supplier discovery, risk detection, intake management and offer comparison are automated, leading to significant efficiency improvements and over 40% process savings. Founded in 2020 by Fabian Heinrich and Moritz Weiermann, Mercanis supports prominent clients like BASF-Coatings, GASAG, Goldbeck, Wilson, and Brose in digitizing their procurement processes. The company is based in Berlin and currently employs over 40 Partech: Partech is a global tech investment firm headquartered in Paris, with offices in Berlin, Dakar, Dubai, Nairobi, and San Francisco. Partech brings together capital, operational experience, and strategic support to back entrepreneurs from seed to growth stage. Born in San Francisco 40 years ago, today Partech manages €2.5B AUM and a current portfolio of 220 companies, spread across 40 countries and 4 Founders Mercanis CONTACT: Sabrina Rymarowicz Zossener Straße 56-58 10961 Berlin sabrina@
Yahoo
4 days ago
- Business
- Yahoo
Electronic Grade Nitric Acid Market to Reach USD 135.10 Million by 2032, Driven by Semiconductor and EV Battery Industry Growth
Rising miniaturization of electronic components and increased adoption of advanced chip fabrication technologies are fueling demand for ultra-pure nitric acid globally. Austin, June 17, 2025 (GLOBE NEWSWIRE) -- The Electronic Grade Nitric Acid Market Size was valued at USD 87.80 million in 2024 and is expected to reach USD 135.10 million by 2032, growing at a CAGR of 5.54% over the forecast period of 2025-2032. Rising Demand from High-Tech Industries Accelerates Adoption of Ultra-Pure Nitric Acid in Semiconductor and Electronics Manufacturing The electronic grade nitric acid market is expanding due to surging demand from the semiconductor and electronics sectors, requiring ultra-pure chemicals. EPA regulations and a record $80 billion in U.S. semiconductor investments in 2023 have driven this trend. Companies like BASF and Honeywell have increased production capacities to meet industry needs. Additionally, growing applications in healthcare and medical devices, along with ongoing research in cosmetics and pharmaceuticals, further boost the demand for high-purity nitric acid PDF Sample of Electronic Grade Nitric Acid Market @ The U.S. Electronic Grade Nitric Acid market is valued at USD 13.91 million in 2024, with a market share of 72%. The U.S. Electronic Grade Nitric Acid Market is growing rapidly, supported by heavy investments in semiconductor fabs and renewable energy sectors. Organizations like the Semiconductor Industry Association report increasing demand for ultra-high-purity chemicals, driven by expanding chip production. Companies such as Honeywell and DuPont are scaling production to meet this surge, while stringent EPA regulations ensure quality and environmental safety, fueling market momentum. Key Players: Mitsubishi Chemical Group Corp BASF Kanto Chemical Co., Inc. KMG Electronic Chemicals Dongwoo Fine-Chem Co., Ltd. UBE Corporation Tokuyama Corporation Asia Union Electronic Chemical Corporation Jianghua Microelectronics Materials Co., Ltd. Suzhou Crystal Clear Chemical Co., Ltd. Electronic Grade Nitric Acid Market Report Scope: Report Attributes Details Market Size in 2024 USD 87.80 million Market Size by 2032 USD 135.10 million CAGR CAGR of 5.54% From 2025 to 2032 Base Year 2024 Forecast Period 2025-2032 Historical Data 2021-2023 Report Scope & Coverage Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook Key Drivers • Federal CHIPS Act incentives accelerate domestic high-purity nitric acid production.• Low natural gas prices drive cost-efficiencies for electronic grade nitric acid producers. If You Need Any Customization on Electronic Grade Nitric Acid Market Report, Inquire Now @ By Purity, the Ultra-High Purity (99.9999% and above) Segment dominated the Electronic Grade Nitric Acid Market in 2024 with a 51.6% Market Share. This dominance is largely attributable to the stringent purity requirements of semiconductor manufacturing, where contaminants can severely impact chip performance and yield. Leading semiconductor manufacturers such as Intel and TSMC rely heavily on ultra-high purity nitric acid for wafer cleaning and etching processes. Investments in fabs equipped with advanced lithography and etching tools have further increased demand for this segment. Additionally, advancements in purification technology by chemical producers like BASF have ensured consistent supply at these ultra-high purity levels, consolidating the segment's market leadership. By Application, Semiconductor Application dominated the Electronic Grade Nitric Acid Market in 2024 with a 57.2% Market Share. This dominance is due to the critical role nitric acid plays in wafer cleaning, etching, and surface preparation during semiconductor fabrication. The surge in demand for semiconductors across consumer electronics, automotive electronics, and data centers drives this dominance. The transition toward 5G, AI, and IoT technologies has accelerated chip production, reinforcing the importance of high-purity chemicals. Key industry players such as Applied Materials and Lam Research frequently collaborate with chemical suppliers to ensure nitric acid meets precise electronic grade standards, further supporting the market's semiconductor segment growth. By Region, Asia Pacific dominated the Electronic Grade Nitric Acid Market in 2024, Holding a 44.3% Market Share. Asia Pacific leads the Electronic Grade Nitric Acid Market due to its strong semiconductor manufacturing base in China, Taiwan, South Korea, and Japan. Government initiatives like 'Made in China 2025' and investments in fabs boost local production. Growing solar and LCD panel industries further increase demand. Key chemical producers like Sumitomo and Mitsui have regional facilities, supported by skilled labor and cost advantages, strengthening the region's market dominance. Recent Developments • In November 2024, UBE Corporation announced a 30 % expansion of its high‑purity nitric acid production capacity at the Ube Chemical Factory to meet surging semiconductor industry demand • In March 2024, BASF secured up to USD 75 million from the U.S. DOE in 2024 to develop low-carbon nitric acid production at its Freeport, Texas Full Research Report on Electronic Grade Nitric Acid Market 2025-2032 @ About Us: SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world. CONTACT: Jagney Dave - Vice President of Client Engagement Phone: +1-315 636 4242 (US) | +44- 20 3290 5010 (UK)
Yahoo
4 days ago
- Business
- Yahoo
Sustainability Push Driving Adoption of Enzyme-Based Textile Processing Worldwide - A $7.54 Billion Market by 2030
Recent industry activities highlight the increasing shift towards sustainable textile processing. Sunson Industry Group showcased eco-friendly enzyme solutions at EXINTEX 2024, and Kerry Group enhanced its enzyme capabilities with strategic acquisitions. The market is dominated by the micro-organisms segment, and APAC leads growth due to its robust textile manufacturing sector. Trends such as sustainable, bio-based enzymes and advancements in enzyme technology are fueling market expansion. Textile Enzymes Market Dublin, June 17, 2025 (GLOBE NEWSWIRE) -- The "Textile Enzymes Market - Focused Insights 2021-2030" report has been added to Textile Enzymes Market was valued at USD 5.52 billion in 2024, and is projected to reach USD 7.54 billion by 2030, rising at a CAGR of 5.33%. The global textile enzymes market is set to grow due to rising demand for natural fibers and stringent environmental regulations. The global textile enzymes market report consists of exclusive data on 25 vendors. The market is highly competitive, with key players focusing on innovation, sustainability, and efficiency to gain a competitive edge. Industry leaders like Novonesis, BASF, and AB Enzymes dominate the market with advanced enzyme formulations and strong R&D capabilities. Companies such as Kemin Industries, Sunson, and Kerry Group leverage their biotechnology expertise to expand enzyme applications in textile processing. Regional players like Tex Biosciences, itaita Biotech, and Zytex strengthen their market presence through cost-effective solutions tailored for local textile industries. The market is also witnessing strategic collaborations, product innovations, and sustainability-driven advancements as companies aim to differentiate their offerings and meet evolving industry demands. RECENT VENDOR ACTIVITIES At EXINTEX 2024, one of Latin America's most significant textile trade fairs, Sunson Industry Group Co., Ltd. showcased its advanced textile enzyme solutions, reinforcing the growing role of enzymatic treatments in sustainable textile processing. The introduction of neutral cellulase for biopolishing and denim washing, along with pectinase for bioscouring, highlights the industry's shift towards eco-friendly alternatives that enhance fabric quality while minimizing chemical usage and water consumption. Kerry Group's acquisition of c-LEcta and Enmex in February 2022 strengthens its biotechnology capabilities, particularly in enzyme development and bioprocessing. c-LEcta's precision fermentation and bio-transformation expertise enhances Kerry's ability to create high-value targeted enzymes, while Enmex's manufacturing capabilities expand its reach in enzyme production. This development has implications for the global textile enzymes market, as it reflects the increasing investment in enzyme technology for various industrial applications, including textile processing. KEY TAKEAWAYS By Source Type: The micro-organisms segment accounted for the largest market share, driven by their high efficiency, stability, and scalability, driving increased adoption in sustainable textile processing. By Applications: The bio-polishing segment shows the highest growth of 6.78%, driven by its ability to enhance smoothness, softness, and resistance to pilling. By Geography: APAC dominates the global textile enzymes market and shows the highest growth, driven by the strong presence of textile manufacturing hubs in China, India, Bangladesh, and Vietnam. TEXTILE ENZYMES MARKET TRENDS Shift Toward Sustainable & Bio-Based EnzymesThe growing emphasis on sustainability in the textile industry is driving the demand for bio-based enzymes, as companies seek to minimize their carbon footprint and comply with environmental regulations. This shift is expanding the global textile enzymes market, as manufacturers invest in enzymatic solutions for eco-friendly textile processing. Global sustainability initiatives, such as the UN Sustainable Development Goals (SDGs) and the European Green Deal, encourage the use of eco-friendly alternatives to traditional chemical treatments. This regulatory push is accelerating the adoption of textile enzymes, fueling growth in the global market as companies transition to sustainable production methods. Leading fashion brands, including H&M and Levi's, are incorporating enzyme-based solutions for fabric processing to reduce water and chemical consumption. This increased usage by major brands is strengthening demand for textile enzymes worldwide, driving market in Enzyme Engineering & BiotechnologyContinuous innovation in enzyme biotechnology has led to the development of genetically modified enzymes with enhanced performance, allowing textile processing at lower temperatures and pH levels. This advancement is expanding the global textile enzymes market, as manufacturers seek efficient and eco-friendly alternatives to traditional chemicals. This shift reduces energy consumption by 30-40%, making enzymatic treatments more cost-effective while supporting net-zero carbon goals. The increasing cost savings and sustainability benefits are driving higher adoption of textile enzymes worldwide, boosting market growth. Companies like Novonesis and AB Enzymes are investing in enzyme engineering to create high-efficiency formulations specifically designed for textile applications. Their efforts are accelerating innovation in the global textile enzymes market, leading to the development of specialized solutions for various fabric treatments. The demand for enzyme-based fabric treatments in emerging economies such as India, China, and Brazil is rising due to increasing textile production and sustainability efforts. This growing adoption in key manufacturing hubs is fueling the expansion of the global textile enzymes market, reinforcing its role in sustainable textile ENZYMES MARKET DRIVERS Rising Demand for Natural FibersThe rising consumer preference for organic and sustainable textiles is fueling demand for natural fibers such as cotton, wool, and silk, which require enzymatic treatments for efficient processing. This trend is driving expansion in the global textile enzymes market, as enzyme-based solutions become essential for processing eco-friendly fabrics. The global organic cotton market is expected to grow significantly, with brands like Patagonia and Stella McCartney promoting enzyme-treated natural fibers in their eco-friendly collections. This shift is increasing the demand for textile enzymes, reinforcing their role in sustainable fashion manufacturing. Enzymes such as pectinases, cellulases, and proteases enhance the softness, strength, and longevity of natural fiber textiles, making them ideal for premium and sustainable fashion. As more high-end brands adopt enzyme-based processing, the global textile enzymes market is witnessing strong Environmental RegulationsGovernments worldwide are enforcing strict environmental laws to curb chemical pollution in textile manufacturing, accelerating the shift toward enzyme-based processing solutions. This regulatory push is expanding the global textile enzymes market, as industries seek sustainable alternatives to comply with new standards. Regulatory bodies such as the European Chemicals Agency (ECHA) and the U.S. Environmental Protection Agency (EPA) are imposing restrictions on hazardous chemicals, making enzymatic alternatives a necessity. As a result, the demand for textile enzymes is rising, reinforcing their role in eco-friendly textile processing. The textile industry contributes nearly 20% of global wastewater pollution, pushing regulatory bodies to advocate for green chemistry solutions like enzymes to reduce toxic discharges. This has significantly boosted investments in biotechnology-driven enzyme innovations, strengthening the textile enzymes market. Countries like Germany, Sweden, and the Netherlands are leading in eco-friendly textile production, with enzyme technology playing a crucial role in meeting sustainability targets. The increasing adoption of enzyme-based processing in these regions is setting a benchmark for the global textile enzymes market, encouraging wider implementation across the RESTRAINTS Competition from Chemical Textile Processing MethodsThe textile industry has historically relied on chemical-based processing methods due to their lower costs, faster reaction times, and established supply chains. Despite the push for sustainability, chemical methods such as caustic soda scouring and synthetic bleaching agents continue to dominate in cost-sensitive regions like South Asia (India, Bangladesh, Pakistan) and Southeast Asia (Vietnam, Indonesia, Cambodia), where low-cost textile manufacturing is a major industry driver. According to The Foreign Investors' Chamber of Commerce & Industry (FICCI), Bangladesh's textile sector, contributing 84.58% of export revenue and exceeding $43 billion in 2023-2024, is embracing enzyme-based processing to enhance fabric quality and sustainability. This shift aligns with the global textile enzymes market, as manufacturers adopt enzymatic solutions for eco-friendly and efficient textile ENZYMES MARKET GEOGRAPHICAL ANALYSISAPAC dominates the global textile enzymes market owing to APAC having a huge textile industry that is growing rapidly because of key countries involved like India, China, and Bangladesh, which are major textile producers and exporters in the world. The government in APAC has implemented favorable policies to support the growth of the textile industry. APAC countries also offer a cost advantage over other regions, which makes the production of textiles more cost-effective, and the demand for sustainable textiles is rapidly increasing in the APAC region, which eventually drives the textile enzymes market. Government initiatives promoting eco-friendly textile production in countries like Japan, South Korea, and Vietnam are accelerating the shift towards enzyme-based processing. The project "Promoting Sustainability Standards in the Textile and Garment Industry in Asia" (FABRIC) supports the Asian textile industry in its transformation towards fair production for people and the ENZYMES MARKET COMPETITIVE INSIGHTSKey Vendors Novonesis AB Enzymes BASF Sunson Kerry Group Other Prominent Vendors Bestzyme (Nanjing) Bio-products Denykem Kemin Industries Advanced Enzyme Technologies Ultreze Enzymes Epygen Labs Greenwave Global Antozyme Biotech Nature BioScience Tex Biosciences Infinita Biotech Lumis Biotech Maps Enzymes Starco Arochem Genotek Biochem Zytex Aumgene Biosciences Creative Enzymes Sarex S&D Associates Key Attributes: Report Attribute Details No. of Pages 113 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $5.52 Billion Forecasted Market Value (USD) by 2030 $7.54 Billion Compound Annual Growth Rate 5.3% Regions Covered Global SEGMENTATION & FORECASTS By Source Type Micro-organisms Animal Tissues Plants By Application Bio-polishing Desizing Bio-sourcing Bleaching Others By Geography APAC China India Bangladesh Vietnam Europe Germany Italy Spain France North America US Canada Latin America Brazil Mexico Middle East & Africa Turkey Egypt For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Textile Enzymes Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
