Market Challenges And Opportunities
Textile Enzymes Market Drivers:
- Expanding applications of textile enzymes: Textile enzymes have been able to penetrate further in the textile industry beyond their conventional uses such as desizing and bio-polishing. Traditional textiles made from natural fibers like cotton and silk have been augmented by the rise of synthetic, blended, and technical textiles over the recent decades. This has widened the scope for textile enzymes to facilitate improved processing of these new-age fabrics. One major expansion area has been in fabric dying and printing. Enzymes are enabling more vivid and longer-lasting coloration effects on cellulosic as well as synthetic blended fabrics which previously posed challenges. Specific peroxidase and oxidase enzymes are instrumental in optimizing various stages of color application and fixation on such fibers. This is helping manufacturers and commercial printers achieve brighter and clearer prints while minimizing the use of harsh chemicals. Textile enzymes are also improving wash-fastness of printed designs vital for ensuring color longevity of the end products. Technical textiles made from specialty fibers are another emerging frontier that enzymes are helping to unlock. With the rising relevance of high-performance fiber variants for applications like automotive, sportswear, and healthcare, compatibility issues during processing have emerged. Textile enzymes are resolving such problems, for example certain amylase enzymes are making starches more receptive for dyeing artificial cellulose-based fibers. Protease types are similarly playing a role in degreasing and upgrading the handle of technical textiles made from fibers like nylon, polyester and aramid. This is creating new design opportunities in technical textiles while is also enhancing feel and appearance compliance of finished goods.
- Sustainability focus driving greater enzyme adoption: Growing attention on sustainability aspects across industries, including textiles, have shone the spotlight on more eco-friendly production methods. This changing landscape presents a strong tailwind for the increased uptake of textile enzymes which are naturally-derived biocatalysts. Rising environmental regulations and pressures are incentivizing textile manufacturers to lower their dependency on chemical inputs and turn to biological options during processing. Enzymes offer textile processors the ability to perform pre-treating, dyeing, and finishing steps with enhanced efficiency while reducing pollution load. For example, they lessen the need for high temperatures and harsh alkalis in desizing, thereby cutting energy costs and lowering Biochemical Oxygen Demand (BOD) and Chemical Oxygen Demand (COD) levels in effluents. Consumers too are more cognizant about preferring apparel and fabrics made through sustainable means. The ability of enzymes to produce the required technical performance with cleaner solutions will help textile brands respond to this change in demand. It allows highlighting relevant sustainability credentials on product marketing and branding. Enzymes also enhance process capabilities to produce specialty green textiles like organic cotton which are gaining popularity. Standards like the European Union (EU) Ecolabel for textile products are additionally nudging greater compliance with eco-friendly production norms. Companies aspiring to comply with such criteria can leverage textile enzymes to demonstrate best-practices across all applicable criteria from raw material sourcing and processing efficiencies to waste minimization. This can gain them preferential market access and pricing benefits.
Textile Enzymes Market Opportunities:
- Investment in research on newer enzyme formulations: Investment in research and development (R&D) of newer enzyme formulations could open up new vistas of opportunities in the textile enzymes market. Enzymes have widely replaced chemicals for processing of textiles due to their eco-friendly nature and ability to function under varied conditions like different temperatures and pH levels. With growing demand for sustainable production methods, enzymes are increasingly becoming the bio-catalysts of choice for operations like desizing, bio-polishing, stone-washing, and denim finishing. However, newer formulations could help overcome certain existing pain points and further augment their benefits. For example, current desizing enzyme formulations may not be optimal across different fabric compositions and require high amounts. Development of broader-spectrum enzymes adaptable to diverse textiles could boost desizing efficiency. For instances, according to the UNEP State of the Environment Report 2022, the science of biotechnology holds promising routes to develop biodegradable and eco-friendly alternatives to replace certain hazardous textile chemicals. Increased research collaborations between enzyme developers and textile companies may identify new applications of enzyme technology, helping transition processes to net-zero.
- Potential in developing regions: Potential in developing regions could be a major growth opportunity for textile enzymes market in the near future. Several developing nations across Asia, Africa and Latin America are witnessing strong economic growth backed by rising disposable incomes and growing expenditure power of consumers. Rising affluence is driving increased demand for apparel and garments in these regions. At the same time, there is a growing focus on using eco-friendly and sustainable manufacturing practices to minimize environmental footprint of textile production. For instances, according to the Food and Agriculture Organization (FAO) data, domestic material consumption in apparel production increased by around 15-20% in Bangladesh, Indonesia, and Cambodia during the same period. With rising output, the need for efficient and sustainable processing techniques will continue to increase in the near future.
Textile Enzymes Market Restraints:
- High research and development (R&D) costs for developing new enzymes: High research and development costs are one of the key factors restraining the growth of the textile enzymes market. Developing new enzymes requires extensive research and testing over several years. Enzyme manufacturers need to invest heavily in setting up R&D facilities with advanced laboratories and hiring biotechnologists and enzyme engineers. They also need to continuously innovate and come up with new enzymes that can tackle emerging textile processing challenges. Meeting strict quality standards and ensuring consistency in enzyme performance adds to the costs. Considering the large capital that is required for R&D, many small and mid-sized enzyme companies find it difficult to sustain such high costs. They prefer focusing on other lower costs markets. This limits the number of new textile enzymes being introduced each year. Established large market players also think multiple times before investing in a completely new area due to high risks. For instances, according to a survey conducted by the Food and Agriculture Organization in 2020, 65% of small and medium-sized enterprises (SME) enzyme manufacturers in Asia Pacific reported scaling down R&D activities due to financial constraints caused by the COVID-19 pandemic.
- Availability of cheaper chemical substitutes: The textile enzymes market is facing significant restraints in its growth trajectory primarily due to the availability of cheaper chemical substitutes that can perform similar functions as enzymes. Several chemical compounds such as chlorine, peroxides and alkalis have been used by the textile industry as alternatives to enzymes for decades. These chemicals are not only inexpensive compared to textile enzymes but also widely available across geographies. For instance, the price of chlorine for bleaching of cotton fabrics is nearly 50-60% cheaper than using specialized cellulase and pectinase enzymes. Similarly, hydrogen peroxide is a widely used oxidizing agent that costs 30-40% lesser than laccase and peroxidase enzymes for jeans stone washing.
- Counterbalance: The key market players need to focus on reducing the price of the enzymes to be in pace with competition with cheaper chemical substances.