South Korea Textile Enzymes Market Size & Outlook

The textile enzymes market in South Korea is expected to reach a projected revenue of US$ 24.8 million by 2030. A compound annual growth rate of 4.5% is expected of South Korea textile enzymes market from 2022 to 2030.

Revenue, 2021 (US$M)
$16.7
Forecast, 2030 (US$M)
$24.8
CAGR, 2022 - 2030
4.5%
Report Coverage
South Korea

South Korea textile enzymes market highlights

  • The South Korea textile enzymes market generated a revenue of USD 16.7 million in 2021 and is expected to reach USD 24.8 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 4.5% from 2022 to 2030.
  • In terms of segment, micro-organisms was the largest revenue generating source in 2021.
  • Micro-organisms is the most lucrative source segment registering the fastest growth during the forecast period.


Textile enzymes market data book summary

Market revenue in 2021USD 16.7 million
Market revenue in 2030USD 24.8 million
Growth rate4.5% (CAGR from 2021 to 2030)
Largest segmentMicro-organisms
Fastest growing segmentMicro-organisms
Historical data2018 - 2020
Base year2021
Forecast period2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAnimal Tissues, Plants, Micro-organisms
Key market players worldwideGenscript Biotech Corp Class H, Novonesis AS ADR, Associated British Foods PLC, Basf SE, DSM, Kemin Industries, Advanced Enzymes, Denykem, Noor Enzymes, Antozyme Biotech, Nature BioScience, Tex Biosciences, Infinity biotech


Other key industry trends

  • In terms of revenue, South Korea accounted for 3.8% of the global textile enzymes market in 2021.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China textile enzymes market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 40.0 million by 2030.

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Textile Enzymes Market Companies

Name Profile # Employees HQ Website

South Korea textile enzymes market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to textile enzymes market will help companies and investors design strategic landscapes.


Micro-organisms was the largest segment with a revenue share of 88.02% in 2021. Horizon Databook has segmented the South Korea textile enzymes market based on animal tissues, plants, micro-organisms covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of South Korea textile enzymes market databook

  • Our clientele includes a mix of textile enzymes market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the South Korea textile enzymes market , including forecasts for subscribers. This country databook contains high-level insights into South Korea textile enzymes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Korea textile enzymes market size, by source, 2018-2030 (US$M)

South Korea Textile Enzymes Market Outlook Share, 2021 & 2030 (US$M)

South Korea textile enzymes market size, by source, 2018-2030 (US$M)

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