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The global DNA Polymerase Market size is expected to reach USD 568.3 Million in 2030 and register a revenue CAGR of 6.4% over the forecast period, according to the latest report by Reports and Data. A rise in the number of genetic disorder-based researches and increasing adoption of Taq DNA Polymerase for thermal tolerance and high efficiency are expected to drive market revenue growth during the forecast period. The rising demand for DNA Polymerase in polymerase chain reactions is expected to boost the growth of the DNA Polymerase market in near future. An increasing number of researches related to disease diagnosis in humans has led to increased adoption of DNA Polymerase in laboratories. Eukaryotic DNA Polymerase is widely used in research laboratories due to its easy availability from eukaryotic model organisms that can be genetically manipulated to obtain optimal strains of the enzyme. The thermostability and robustness of Taq DNA Polymerase make it a key component in polymerase chain reactions, that involve the denaturation of sample DNA at high temperatures, which increases the demand for Taq DNA Polymerase. This is expected to drive revenue growth in the market in near future. Rising demand for Taq DNA Polymerase due to its heat resistance and durability properties is expected to propel market revenue growth. Additionally, the increasing adoption of DNA Polymerase due to its exonuclease proofreading activity has led to increased demand for DNA Polymerase, which is expected to drive revenue growth in the market.
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Major companies in the global market report include Sigma-Aldrich Solutions, Thermo Fisher Scientific Inc., Bio-Rad Laboratories, Inc., Yeasen Biotechnology (Shanghai) Co., Ltd., GENAXXON bioscience, Promega Corporation, Cytiva Lifesciences, SBS Genetech Co., Ltd., BDI Biotech, and GenTegra LLC.
The global materials & chemicals industry involves the production, distribution, sales, and consumption of industrial chemicals, specialty chemicals, commodity (bulk) chemicals, and raw materials such as natural gas, oil, paper & pulp, and metals & minerals. Growth of the global materials & chemicals industry is mainly attributed to fast-paced industrialization and extensive usage of bulk petrochemicals, electronic chemicals, polymers, inorganic chemicals, fertilizers, adhesives, sealants, coatings, and various other products in different industries including oil & gas, pharmaceutical, food & beverage, cosmetics & personal care, textile, manufacturing, petrochemical, and water and wastewater treatment industries. Technological innovations in the electronics and semiconductor industries, rising demand for nanomaterials, and increasing preferences for environmentally sustainable chemicals and materials are other major factors contributing to the global materials & chemicals industry growth.
Origin Outlook (Revenue, USD Million; 2019-2030)
- Prokaryotic DNA Polymerase
- Eukaryotic DNA Polymerase
End-Use Outlook (Revenue, USD Million; 2019-2030)
- Pharmaceutical Industry
- Biotechnological Industry
- Research Laboratories
- Hospitals and Diagnostic Centers
- Others
Application Outlook (Revenue, USD Million; 2019-2030)
- DNA Replication
- PCR
- DNA Polymerase
- Others
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The global DNA Polymerase market is segmented into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market? What kind of strategic business plans have they made?
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