Product Code: ETC094065 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Malaysia Textile Enzymes Market is likely to experience consistent growth rate gains over the period 2025 to 2029. The growth rate starts at 9.00% in 2025 and reaches 10.70% by 2029.
The Textile Enzymes market in Malaysia is projected to grow at a growing growth rate of 9.98% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
The Malaysia textile enzymes market was valued at around USD 9 million in 2018 and is expected to register a CAGR of 8.4% during forecast period. This can be attributed to factors such as rapid industrialization leading to increased production capacities coupled with technological advancements that are driving innovation in textile industries across Southeast Asia region including Malaysia. Moreover, rising consumer preferences for bio-based detergents which has led manufacturers to focus on creating eco-friendly formulas are further providing impetus to the adoption rate of enzymes within textile firms based in this region.
The textile enzymes market in Malaysia is projected to experience moderate growth driven by the demand from the textile and apparel industries. Textile enzymes are used in various textile processing applications, such as desizing, bio-polishing, and denim finishing. The growing demand for sustainable and eco-friendly textile processing solutions and the need for efficient enzyme technologies will drive the demand for textile enzymes. Moreover, the increasing focus on reducing water and chemical usage in textile processing will further contribute to market growth. However, market growth may be affected by the availability of alternative textile processing technologies and the challenges of enzyme stability in harsh processing conditions.
The textile enzymes market in Malaysia faces several challenges that may impact its growth and adoption. One of the significant challenges is the limited awareness and understanding of textile enzymes among textile manufacturers and processors. Textile enzymes are used for various processes, including desizing, bleaching, and biopolishing, but their benefits and applications may not be widely known. Additionally, the competition from traditional chemical processing methods can pose challenges for the adoption of textile enzymes. Moreover, the need for specific enzyme formulations for different textile materials and processes can affect the industry`s operations. To overcome these challenges, the industry needs to focus on educational campaigns to raise awareness about the benefits of textile enzymes, collaborate with textile manufacturers to demonstrate the effectiveness of enzyme-based processes, and offer tailor-made enzyme solutions for different textile applications.
The textile enzymes market in Malaysia faced a decline in demand during the pandemic, primarily due to the slowdown in the textile and apparel industry. With lockdowns and restrictions affecting retail and manufacturing operations, textile enzyme consumption decreased. However, as the situation improves, the market is anticipated to witness a rebound with a focus on sustainable textile processing and green solutions, driving the demand for eco-friendly enzymes.
The Malaysia Textile Enzymes Market is dominated by key players such as Novozymes, DuPont, and E.I. du Pont de Nemours and Company. These companies provide a wide range of textile enzymes solutions that are used for improving the products produced in the country?s booming textiles industry. Other notable players include Akzo Nobel N.V., Koninklijke DSM N.V., Associated British Foods plc., Solvay S.A., Clariant AG, and The Dow Chemical Company