The Europe Fermentation Chemicals Market would witness market growth of 5% CAGR during the forecast period (2019-2025). The Industrial market dominated the Europe Fermentation Chemicals Market by Application in 2018, and would continue to be a dominant market till 2025; thereby, achieving a market value of $7182.3 Million by 2025, growing at a CAGR of 4.5 % during the forecast period. The Plastics & Fibers market is expected to witness a CAGR of 6.3% during (2019 - 2025).
The EU countries' representatives settled to the proposals from Commission for additional reduction in exposure of workers to 2 chemical substances raising too high concern, on recommendations by ECHA. The conclusion will accommodate companies that have applied for the usage of chromium trioxide, because of its carcinogenic attributes, to apply stringent risk management process for different usage of the substance in the aerospace, automotive and other industries.
It also provides such companies a maximum of seven years to review the accessibility of harmless replacements when possible. The REACH committee also followed the proposal from Commission to castoff the approval for continuous usage of sodium dichromate, which is also a carcinogenic material by a organization utilizing the same for treatment of micro-surgical devices.
Similarly, EU is now calling for rules on chemicals in inks utilized for printing on food packaging. As a matter of fact paper is second most widely used packaging material. In addition to the planned ban on single-use plastics by 2021, EU is raising safety concerns over paper straw.
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The fermentation process is also used to produce enzymes for industrial applications and involves the usage of microorganisms such as bacteria and yeast. Many industries need enzymes for the production of enzyme dependent products cheese making, baking, brewing and wine making. Enzymes find its wide application in chemical sector and various other industrial applications especially where the requirement is of extremely specific catalysts.
The report highlights the adoption of Fermentation Chemicals in Europe. Based on Application, the market is segmented into Industrial, Plastics & Fibers, Food and Beverages, Pharmaceutical and Nutritional and Other Applications. Based on Product, the market is segmented into Alcohols, Organic Acid, Enzymes and Other Products. The report also covers geographical segmentation of Fermentation Chemicals market. The countries included in the report are Germany, UK, France, Russia, Spain, Italy and Rest of Europe. For the better analysis, the geographies are segmented into countries.
The major market players expanding their reach in the Europe Fermentation Chemicals market are Novozymes A/S, Koch Industries, Inc. (Invista BV), The Dow Chemical Company, BASF SE, Archer Daniels Midland Company, Cargill Corporation, Chr. Hansen Holding A/S, Koninklijke DSM N.V, Ajinomoto Co. Inc. and Evonik Industries AG (RAG-Stiftung).
Scope of the Fermentation Chemicals Market Analysis
Market Segmentation:
By Application
- Industrial
- Plastics & Fibers
- Food and Beverages
- Pharmaceutical and Nutritional
- Other Applications
By Product
- Alcohols
- Organic Acid
- Enzymes and
- Other Products
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Companies Profiled
- Novozymes A/S
- Koch Industries, Inc. (Invista BV)
- The Dow Chemical Company
- BASF SE
- Archer Daniels Midland Company
- Cargill Corporation
- Chr. Hansen Holding A/S
- Koninklijke DSM N.V
- Ajinomoto Co. Inc. and
- Evonik Industries AG (RAG-Stiftung)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Fermentation Chemicals Market, by Application
1.4.2 Europe Fermentation Chemicals Market, by Product
1.4.3 Europe Fermentation Chemicals Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Fermentation Chemicals Market by Application
3.1 Europe Industrial Market by Region
3.2 Europe Plastics & Fibers Market by Region
3.3 Europe Food and Beverages Market by Region
3.4 Europe Pharmaceutical and Nutritional Market by Region
3.5 Europe Other Applications Market by Region
Chapter 4. Europe Fermentation Chemicals Market by Product
4.1 Europe Alcohols Market by Region
4.2 Europe Organic Acid Market by Region
4.3 Europe Enzymes Market by Region
4.4 Europe Other Products Market by Region
Chapter 5. Europe Fermentation Chemicals Market by Region
5.1 Germany Fermentation Chemicals Market
5.1.1 Germany Fermentation Chemicals Market by Application
5.1.2 Germany Fermentation Chemicals Market by Product
5.2 UK Fermentation Chemicals Market
5.2.1 UK Fermentation Chemicals Market by Application
5.2.2 UK Fermentation Chemicals Market by Product
5.3 France Fermentation Chemicals Market
5.3.1 France Fermentation Chemicals Market by Application
5.3.2 France Fermentation Chemicals Market by Product
5.4 Russia Fermentation Chemicals Market
5.4.1 Russia Fermentation Chemicals Market by Application
5.4.2 Russia Fermentation Chemicals Market by Product
5.5 Spain Fermentation Chemicals Market
5.5.1 Spain Fermentation Chemicals Market by Application
5.5.2 Spain Fermentation Chemicals Market by Product
5.6 Italy Fermentation Chemicals Market
5.6.1 Italy Fermentation Chemicals Market by Application
5.6.2 Italy Fermentation Chemicals Market by Product
5.7 Rest of Europe Fermentation Chemicals Market
5.7.1 Rest of Europe Fermentation Chemicals Market by Application
5.7.2 Rest of Europe Fermentation Chemicals Market by Product
Chapter 6. Company Profiles
6.1 Novozymes A/S
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Development Expense
6.2 Koch Industries, Inc. (Invista BV)
6.2.1 Company Overview
6.3 The Dow Chemical Company
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Regional Analysis
6.3.4 Research & Development Expense
6.4 BASF SE
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.4.4 Research & Development Expense
6.5 Archer Daniels Midland Company
6.5.1 Company Overview
6.5.1 Financial Analysis
6.5.2 Segmental and Regional Analysis
6.5.3 Research & Development Expense
6.6 Cargill Corporation
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental Analysis
6.7 Chr. Hansen Holding A/S
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Segmental and Regional Analysis
6.7.4 Research & Development Expense
6.8 Koninklijke DSM N.V.
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Segmental and Regional Analysis
6.8.4 Research & Development Expense
6.9 Ajinomoto Co., Inc.
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Segmental and Regional Analysis
6.9.4 Research & Development Expense
6.1 Evonik Industries AG (RAG-Stiftung)
6.10.1 Company Overview
6.10.2 Financial Analysis
6.10.3 Segmental and Regional Analysis
6.10.4 Research & Development Expense
TABLE 1 Europe Fermentation Chemicals Market, 2015 - 2018, USD Million
TABLE 2 Europe Fermentation Chemicals Market, 2019 - 2025, USD Million
TABLE 3 Europe Fermentation Chemicals Market by Application, 2015 - 2018, USD Million
TABLE 4 Europe Fermentation Chemicals Market by Application, 2019 - 2025, USD Million
TABLE 5 Europe Industrial Market by Region, 2015 - 2018, USD Million
TABLE 6 Europe Industrial Market by Region, 2019 - 2025, USD Million
TABLE 7 Europe Plastics & Fibers Market by Region, 2015 - 2018, USD Million
TABLE 8 Europe Plastics & Fibers Market by Region, 2019 - 2025, USD Million
TABLE 9 Europe Food and Beverages Market by Region, 2015 - 2018, USD Million
TABLE 10 Europe Food and Beverages Market by Region, 2019 - 2025, USD Million
TABLE 11 Europe Pharmaceutical and Nutritional Market by Region, 2015 - 2018, USD Million
TABLE 12 Europe Pharmaceutical and Nutritional Market by Region, 2019 - 2025, USD Million
TABLE 13 Europe Other Applications Market by Region, 2015 - 2018, USD Million
TABLE 14 Europe Other Applications Market by Region, 2019 - 2025, USD Million
TABLE 15 Europe Fermentation Chemicals Market by Product, 2015 - 2018, USD Million
TABLE 16 Europe Fermentation Chemicals Market by Product, 2019 - 2025, USD Million
TABLE 17 Europe Alcohols Market by Region, 2015 - 2018, USD Million
TABLE 18 Europe Alcohols Market by Region, 2019 - 2025, USD Million
TABLE 19 Europe Organic Acid Market by Region, 2015 - 2018, USD Million
TABLE 20 Europe Organic Acid Market by Region, 2019 - 2025, USD Million
TABLE 21 Europe Enzymes Market by Region, 2015 - 2018, USD Million
TABLE 22 Europe Enzymes Market by Region, 2019 - 2025, USD Million
TABLE 23 Europe Other Products Market by Region, 2015 - 2018, USD Million
TABLE 24 Europe Other Products Market by Region, 2019 - 2025, USD Million
TABLE 25 Europe Fermentation Chemicals Market by Region, 2015 - 2018, USD Million
TABLE 26 Europe Fermentation Chemicals Market by Region, 2019 - 2025, USD Million
TABLE 27 Germany Fermentation Chemicals Market, 2015 - 2018, USD Million
TABLE 28 Germany Fermentation Chemicals Market, 2019 - 2025, USD Million
TABLE 29 Germany Fermentation Chemicals Market by Application, 2015 - 2018, USD Million
TABLE 30 Germany Fermentation Chemicals Market by Application, 2019 - 2025, USD Million
TABLE 31 Germany Fermentation Chemicals Market by Product, 2015 - 2018, USD Million
TABLE 32 Germany Fermentation Chemicals Market by Product, 2019 - 2025, USD Million
TABLE 33 UK Fermentation Chemicals Market, 2015 - 2018, USD Million
TABLE 34 UK Fermentation Chemicals Market, 2019 - 2025, USD Million
TABLE 35 UK Fermentation Chemicals Market by Application, 2015 - 2018, USD Million
TABLE 36 UK Fermentation Chemicals Market by Application, 2019 - 2025, USD Million
TABLE 37 UK Fermentation Chemicals Market by Product, 2015 - 2018, USD Million
TABLE 38 UK Fermentation Chemicals Market by Product, 2019 - 2025, USD Million
TABLE 39 France Fermentation Chemicals Market, 2015 - 2018, USD Million
TABLE 40 France Fermentation Chemicals Market, 2019 - 2025, USD Million
TABLE 41 France Fermentation Chemicals Market by Application, 2015 - 2018, USD Million
TABLE 42 France Fermentation Chemicals Market by Application, 2019 - 2025, USD Million
TABLE 43 France Fermentation Chemicals Market by Product, 2015 - 2018, USD Million
TABLE 44 France Fermentation Chemicals Market by Product, 2019 - 2025, USD Million
TABLE 45 Russia Fermentation Chemicals Market, 2015 - 2018, USD Million
TABLE 46 Russia Fermentation Chemicals Market, 2019 - 2025, USD Million
TABLE 47 Russia Fermentation Chemicals Market by Application, 2015 - 2018, USD Million
TABLE 48 Russia Fermentation Chemicals Market by Application, 2019 - 2025, USD Million
TABLE 49 Russia Fermentation Chemicals Market by Product, 2015 - 2018, USD Million
TABLE 50 Russia Fermentation Chemicals Market by Product, 2019 - 2025, USD Million
TABLE 51 Spain Fermentation Chemicals Market, 2015 - 2018, USD Million
TABLE 52 Spain Fermentation Chemicals Market, 2019 - 2025, USD Million
TABLE 53 Spain Fermentation Chemicals Market by Application, 2015 - 2018, USD Million
TABLE 54 Spain Fermentation Chemicals Market by Application, 2019 - 2025, USD Million
TABLE 55 Spain Fermentation Chemicals Market by Product, 2015 - 2018, USD Million
TABLE 56 Spain Fermentation Chemicals Market by Product, 2019 - 2025, USD Million
TABLE 57 Italy Fermentation Chemicals Market, 2015 - 2018, USD Million
TABLE 58 Italy Fermentation Chemicals Market, 2019 - 2025, USD Million
TABLE 59 Italy Fermentation Chemicals Market by Application, 2015 - 2018, USD Million
TABLE 60 Italy Fermentation Chemicals Market by Application, 2019 - 2025, USD Million
TABLE 61 Italy Fermentation Chemicals Market by Product, 2015 - 2018, USD Million
TABLE 62 Italy Fermentation Chemicals Market by Product, 2019 - 2025, USD Million
TABLE 63 Rest of Europe Fermentation Chemicals Market, 2015 - 2018, USD Million
TABLE 64 Rest of Europe Fermentation Chemicals Market, 2019 - 2025, USD Million
TABLE 65 Rest of Europe Fermentation Chemicals Market by Application, 2015 - 2018, USD Million
TABLE 66 Rest of Europe Fermentation Chemicals Market by Application, 2019 - 2025, USD Million
TABLE 67 Rest of Europe Fermentation Chemicals Market by Product, 2015 - 2018, USD Million
TABLE 68 Rest of Europe Fermentation Chemicals Market by Product, 2019 - 2025, USD Million
TABLE 69 key Information - Novozymes A/S
TABLE 70 key Information - Koch Industries, Inc.
TABLE 71 key Information - The Dow Chemical Company
TABLE 72 Key information - BASF SE
TABLE 73 key Information - Archer Daniels Midland Company
TABLE 74 Key information - Cargill Corporation
TABLE 75 Key Information - Chr. Hansen HOLDING a/S
TABLE 76 Key Information - Koninklijke DSM N.V.
TABLE 77 Key Information - Ajinomoto Co., Inc.
TABLE 78 Key Information - Evonik Industries AG
List of Figures
FIG 1 Methodology for the research