- The key vendors in the Global Fermentation Chemicals Market 2015-2019 are Ajinomoto Co. Inc., Archer Daniels Midland Co., Cargill Inc., Dow Chemical Co., E. I. duPont de Nemours and Co., Evonik Industries AG and Novozymes A/S.
London, 10 December 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Fermentation Chemicals Market 2015-2019. An increase in demand for fermentation chemicals in the APAC region is one of the emerging trends expected to contribute to market growth. In recent years, major global players have been expanding their businesses into the Fermentation Chemicals market in the APAC region to benefit from the increased demand for fermentation chemicals. The Global Fermentation Chemicals market is expected to post a CAGR of 5.69 percent during the period 2014-2019.
“Fermentation chemicals are environmentally friendly and are fast substituting petroleum-based chemicals in various applications and processes in the Manufacturing sector,” says Faisal Ghaus, Vice President of TechNavio Research.
“The manufacturers of fermentation chemicals emphasize the development of efficient high-grade products.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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