Global Biosurfactants Market is estimated to reach $2,889 Million by 2024; growing at a CAGR of 4.4% from 2016 to 2024. Biosurfactants are surface-active biomolecule formed by microorganism, frequently used as wetting agents, foaming agents, functional food ingredients, detergents, and much more. They contain antibacterial, antiviral and antifungal activities therefore they have ability to battle various diseases and reduce infection without using chemicals and synthetic drugs. They have ability to reduce interfacial surface tension therefore, they are applicable in oil recovery and bioremediation of heavy crude oil. They also have high biodegradability, solubilization of low solubility compounds, low toxicity and efficiency to increase biodegradation thus they are used in environmental applications such as water and soil treatments. Additionally, market is witnessing increase demand for biosurfactants in various sector such as pharmaceuticals, organic chemical, petroleum, mining, agrochemicals, fertilizer, foods, and cosmetics.
Global Biosurfactants Market Size and Forecast, 2015 - 2024 (US$ Million)
The major factors supporting growth of the market are increasing demand for alternative of petroleum base, growing consumer knowledge, and demand for eco-friendly biosurfactants. However, lack of cost competitiveness of biosurfactants may restraints of the growth of the market. Additionally, minimal quantity of toxicity, and development of innovate products would provide growth opportunities for the market in the upcoming years.
The global biosurfactants market has been bifurcated into product type, application and geography. Product type segment is classified into rhamnolipids, sophorolipids, methyl ether sulfonates (MES), alkyl polyglucosides (APG), sorbitan esters, sucrose esters, and others. Application segment is sub-segmented into household detergents, personal care, industrial & institutional cleaners, food processing, oilfield chemicals, agricultural chemicals, textiles, and others.
Global Biosurfactants market share by region, 2024 (value%)
Based on geography, global biosurfactants market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated in U.S., Canada and Mexico, whereas, Europe segment consist of UK, Germany, France, Italy, and others. Asia-Pacific is segmented into India, China, Japan, South Korea and others while, RoW is bifurcated into South America, Middle East and Africa.
The key players operating in the market includes Mitsubishi Chemical Corporation, Urumqi Unite Bio-Technology Company Limited, Jeneil Biotech Inc., Croda International PLC, Saraya Co. Ltd., BASF Cognis, MG Intobio Co., Ltd., AkzoNobel, Cargill, Inc., and Evonik Industries AG, among others.
The key takeaways from the report
- The report will provide detailed analysis of Global Biosurfactants Market with respect to major segments such as product type, and application
- The report will include the qualitative and quantitative analysis with market estimation over 2015-2024 and compound annual growth rate (CAGR) between 2016 and 2024
- Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
- An exhaustive regional analysis of Global Biosurfactants Market has been included in the report
- Profile of the key players in the Global Biosurfactants Market will be provided, which include key financials, product & services, new developments and business strategies
Scope of the Global Biosurfactants Market
Product Type Segments
- Methyl Ether Sulfonates (MES)
- Alkyl Polyglucosides (APG)
- Sorbitan Esters
- Sucrose Esters
- Other Product Types
- Household Detergents
- Personal Care
- Industrial & Institutional Cleaners
- Food Processing
- Oilfield Chemicals
- Agricultural Chemicals
- Other Applications
- North America
- Asia Pacific
- South Korea
- South America
- Middle East