January 20, 2020
According to the research report titled ‘Biosurfactants Market Size By Product (Sophorolipids, Rhamnolipids, Alkyl Polyglucosides [APG], Methyl Ethyl Sulfonates [MES], Sucrose Esters, Sorbitan Esters, Lipopeptides), By Application (Household Detergents, Personal Care, Industrial Cleaners, Food Processing, Oilfield Chemicals, Agricultural Chemicals, Textiles), Industry Outlook Report, Regional Analysis, Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025’, available with Market Study Report LLC, the global biosurfactants market is expected to cross USD 2.4 billion by the year 2025.
According to the report, flourishing skincare sector coupled with rising environmental & health concerns regarding using petrochemical surfactants are driving the biosurfactants market growth. Biosurfactants offer biodegradability, low toxicity, and better ecological acceptability properties. They are extensively used in baby products, shampoos, bath products, body lotions, and lipsticks. Strict government regulations pertaining to the use of natural products are stimulating the industry outlook.
Shifting preferences towards natural and organic products instead of synthetic cosmetics is also aiding the expansion of the market. However, production cost of commercial biosurfactants is 20-30% higher than synthetic biosurfactants. Moreover, low volume of biosurfactants generated by micro-organisms increases dependency on biotechnological processes which covers 60-80% of total cost of production, thereby hindering the market growth.
As per product type, sophorolipid biosurfactants market segment is expected to register substantial growth during the forecast period. This type of product is effective in multidrug resistance treatment. Sophorolipids improve the conventional antibiotics efficiency as well as possess non-allergic properties. Additionally, sophorolipid biosurfactants are extensively used in oilfield mining chemical applications due to their ability to minimize interfacial tension. These products work well in high salinity and high temperature conditions and do not contaminate petroleum reservoirs.
On the other hand, rhamnolipid biosurfactants market segment is presumed to expand significantly due to their ability to control and prevent plant pathogens without triggering toxicity in human health.
Considering the geographical landscape, Asia-Pacific biosurfactants market is estimated to grow considerably during the estimated timeframe. Evolving lifestyles and rising per capita income has increased the usage of antiaging products which in turn is contributing towards the popularity of the product across Asia-Pacific region.
According to the report, Latin America biosurfactants market is predicted to expand significantly owing to flourishing personal care & home care sector. Increasing awareness pertaining to household hygiene, especially in Brazil, would foster product demand across the region.
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On the other hand, North America biosurfactants market is anticipated to witness lucrative growth. Rising demand from detergent sector for surfactants in consort with growing personal care industry are augmenting the demand for the product across the region. Additionally, increasing awareness regarding environmental hazards caused by synthetic biosurfactants are boosting the growth of the market.
Daqing VICTEX Chemical Industries Co. Ltd., Urumqi Unite Biotechnology Co. Ltd., Boruta Zachem SA, AGAE Technologies LLC, TeeGene Biotech Ltd., Biotensidon GmBH, Croda International PLC, KAO Corporation, Henkel Corporation, Lion Corp., Givaudan SA (Soliance), Jeneil Biotech Inc., Saraya Co. Ltd., Ecover, Evonik Industries AG, AkzoNobel N.V., and BASF are the prominent companies operating in the biosurfactants market.
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