White
biotechnology often known as industrial biotechnology is used for applications
in processing and production of materials, energy and chemicals. White
biotechnology uses microbes and enzymes to produce products in the field of
chemistry, paper & pulp, energy, textiles, pharmaceutical, bio-plastics,
bio-polymer and personal care industries.
Government
regulations specific to green products and rising demand for green products
from chemical industry are expected to drive the market. Governments in
developed countries are forcing companies to use bio-based products as they are
eco-friendly and have no waste. Further, volatility in crude oil prices and
supply is expected to drive the white biotechnology market as bio-based
products are being developed. In addition factors such as low carbon emissions
and fast rate of technology development are expected to fuel the market.
However the cost of technology and genetically modified organisms related
issues are expected to hamper the market growth. Growing applications of white
biotechnology in development of biomaterials, bio-composite and bio-plastics is
expected to provide immense opportunities for the players in this market. Bio-diesel
is used as a raw material for synthesis of polymers, resins, and other chemical
materials, which is expected to fuel the market in the near future.
Browse Full Report with TOC: http://www.transparencymarketresearch.com/white-biotechnology-market.html
North
America region had the largest share in white biotechnology market owing to
rising demand of green products and government support for research and
development activities. Government and big companies are funding the research
in biotechnology field to develop new technologies which are eco-friendly. Asia
Pacific was the second largest contributor of this market, with rise in
awareness of eco-friendly products and acceptance of biologically synthesized
products. Europe was the growing with slower pace and is expected to remain
slow growing in the near future.
Some
of the key players in this market include Novo Nordisk, Amgen, Celgene, Biogen
Idec, Merck, Regeneron, Elan, Actelion and amongst others.
This
research report analyzes this market depending on its market segments, major
geographies, and current market trends. Geographies analyzed under this
research report include
·
North
America
·
Asia
Pacific
·
Europe
·
Rest
of the World
This
report provides comprehensive analysis of
·
Market
growth drivers
·
Factors
limiting market growth
·
Current
market trends
·
Market
structure
·
Market
projections for upcoming years
This
report is a complete study of current trends in the market, industry growth
drivers, and restraints. It provides market projections for the coming years.
It includes analysis of recent developments in technology, Porter’s five force
model analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing market
players and new entrants along with detailed value chain analysis.
Read More
Reports on Biotechnology Markets: http://www.transparencymarketresearch.com/biotechnology-market-reports-18.html
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