Core Viewpoint - The biocatalyst industry in China is a strategic emerging industry supported by national policies, characterized by efficiency, safety, energy conservation, and environmental friendliness, playing a crucial role in building a resource-saving and environmentally friendly society [1][14]. Industry Overview - The biocatalyst industry is classified as a key product in the "New Catalytic Materials and Additives Manufacturing" category in the 2023 Industrial Strategic Emerging Industry Classification Directory [1][14]. - Biocatalysts are natural catalysts that efficiently catalyze chemical reactions under mild conditions, reducing side reactions and waste [8][10]. Market Demand and Supply - The biocatalyst industry in China has shown a growth trend, with production expected to reach 195,000 tons and demand at 178,000 tons by 2024 [17]. - The market size of the biocatalyst industry has increased from 15.23 billion yuan in 2018 to 18.9 billion yuan in 2024, with a CAGR of 3.7% [19]. Competitive Landscape - The competitive landscape of the biocatalyst industry is diverse and intense, with multinational giants like Novozymes, DuPont, and BASF dominating the high-end market [22]. - Domestic companies such as Shandong Longkete Enzyme Preparations Co., Ltd., Jinan Baishijie Bioengineering Co., Ltd., and Wuhan Xinhuiyang Bio Co., Ltd. are expanding their market share through continuous technological innovation [22][23]. Policy Support - The Chinese government strongly supports the development of the biocatalyst industry through various policies aimed at promoting green manufacturing and reducing organic emissions [1][14][16]. Industry Chain - The biocatalyst industry chain includes upstream resources like strains and gene development, midstream production, and downstream applications in food, pharmaceuticals, and bioenergy [12][13].