There are many applications and already said by Dr SM Scully. Bt I want to add another one. Lipase can be used for detergent formulation. So took some local detergents and compare your purified lipase whether it is giving best result than those commercially available detergents or not? By this method one can also prove that their purified lipase can be used as detergent additives with available detergents by examining the detergent and purified lipase together. It is the easiest experiments for industrial purpose. Hope it will help you lot for your Ph.D. purpose. All d Best....
Another potential application is to add/remove acyl protecting groups from hydroxyl groups (on carbohydrates or other molecules). In many cases you can achieve some very interesting regioselectivities. I'd recommend a book titled "Hydrolases in Organic Synthesis" by U.T. Bornscheuer and R.J. Kazlauskas.
Another application is the creation of structured lipids (i.e. glycerols with 3 EPA or 3 DHAs attached). I'd recommend looking for the work of Gudmundur G. Haroldsson on Google Scholar, Science Direct, or Web of Science.
Is Enzyme Immobilization suitable for large scale industrial process?. Available from: https://www.researchgate.net/post/Is_Enzyme_Immobilization_suitable_for_large_scale_industrial_process [accessed Jun 4, 2017].
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