Owing to wide spectrum of catalytic reactions both in aqueous and non-aqueous media, microbial lipases occupy an unquestionable position among the biocatalysts. The chemo-, regio- and enantio-specificities of lipases have contributed to their versatile applications in biotechnology. As far as global scenario is concerned, microbial lipases - especially from bacteria and fungi - contribute to the choice of interest to meet the commercial needs. At this context, this review critically looks into the major domains of microbial lipases with an industrial perspective, which include: properties, secretion and industrial applications with appropriate illustrations. Due to great specificity and versatility of the reactions catalyzed, lipases claim unique applications in various process and products industries engaged in food, dairy, fats and oils, detergency, tannery, pharmaceutics and cosmetics.
Hydrolysis, trans-esterification, interfacial activation, active site, applications