The global textile enzymes market is projected to grow from $5.52 billion in 2024 to $7.54 billion by 2030, at a CAGR of 5.33%. The market is driven by the increasing demand for natural fibers, stringent environmental regulations, and advancements in enzyme engineering and biotechnology. The Asia-Pacific region dominates the market, with countries like China, India, and Bangladesh being major textile producers and exporters. Key players like Novonesis, BASF, and AB Enzymes are investing in innovation, sustainability, and efficiency to gain a competitive edge. The market is also witnessing strategic collaborations, product innovations, and sustainability-driven advancements. The bio-polishing segment is expected to show the highest growth, driven by its ability to enhance smoothness, softness, and resistance to pilling. The shift towards sustainable and bio-based enzymes is driving the demand for textile enzymes, with companies like Kerry Group and Sunson Industry Group Co., Ltd. showcasing their advanced textile enzyme solutions. The market is expected to witness significant growth, driven by the increasing adoption of enzyme-based processing in the textile industry.
Eco-Friendly Initiatives Fueling The Use Of Enzyme-Based Technologies
