NEW YORK, Sept. 3 /PRNewswire-USNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue.
The global market for synthetic biology generated $233.8 million in 2008. This is expected to increase to $2.4 billion in 2013, for a compound annual growth rate (CAGR) of 59.8%.
The chemicals and energy segment has the largest share of the market, worth $80.6 million in 2008. This should reach $1.6 billion in 2013, for a CAGR of 81.6%.
The biotechnology and pharmaceuticals segment is the second-largest market segment, worth 80.3 million in 2008. This segment is projected to increase at a CAGR of 49.2% to reach $594 million in 2013.
SUMMARY TABLE GLOBAL VALUE OF SYNTHETIC BIOLOGY MARKET BY INDUSTRY, THROUGH 2013 ($ MILLIONS) 6
SUMMARY FIGURE GLOBAL VALUE OF SYNTHETIC BIOLOGY MARKET BY INDUSTRY, 2006-2013 ($ MILLIONS) 6
SUMMARY (CONTINUED) 7
SYNTHETIC BIOLOGY TECHNOLOGIES COVERED IN THIS REPORT 8
TABLE 1 SCOPE OF THIS REPORT 8
WHAT IS SYNTHETIC BIOLOGY? 8
WHAT IS SYNTHETIC BIOLOGY (CONTINUED) 9
DEVELOPMENT STAGE OF SYNTHETIC BIOLOGY 10
FORCES DRIVING SYNTHETIC BIOLOGY MARKET GROWTH 10
TABLE 2 SYNTHETIC BIOLOGY GROWTH DRIVING FORCES 10
TABLE 2 (CONTINUED) 11'/>"/>
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