Amylases biofuels enzymes market seen strengthening but policy a barrier

In New York state, increasing demand for renewable energy source is expected to drive the demand for amylases biofuel enzymes market within the forecast period. Additionally, rising cost of fossil fuels is anticipated to augment the demand for amylases biofuels enzymes market. However, the machinery required to farm the plants for producing biofuels emit high level of carbon emissions. Thus, stringent regulations against carbon emissions are expected to hamper the demand for amylases biofuels enzymes. Development of new low cost enzymes may yield better for biofuels in the near future. Owing to the growing demand for renewable energy source, research and development coupled with increasing competition, the demand for biofuel enzymes is expected to rise exponentially. In addition, patent expiries and new technologies would fuel the demand further.

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