GMI

Biosurfactants Market – Global Industry Analysis Report, Share, Size, Growth, Price Trends and Forecast, 2016 – 2023

News   •   Oct 11, 2016 06:17 EDT

Overview

Global Biosurfactants Market size was more than 350 kilo tons for 2015 and is predicted to register more than 4.21% CAGR by end of forecast timeframe. Increasing customer preference for bio –based items along with rising ecological concerns about utilization of synthetic substances is predicted to promote industry growth. They are same like their synthetic equivalents and minimize liquid surface tension permitting chemicals to combine homogeneously. All these product features makes it applicable in dishwashers and detergents..

Download a sample copy of this report: https://www.gminsights.com/request-sample/detail/484

Strong scope of application in personal care items and detergents can favor industry growth. Increasing personal care products segment specifically in BRICS countries along with growing consciousness about advantages of naturally derived items can propel industry demand. In addition to this, growing use of biosurfactants in leather processing, oil recovery and drilling fluids can fuel industry demand.

North America biosurfactants market size, by application, 2012-2023 (Tons)
North America biosurfactants market size, by application, 2012-2023 (Tons)

Less proportion of toxicity and high level of biodegradability as compared to its petroleum based equivalents can boost product demand. Further, they possess long shelf life span and are highly sustainable as compared to their synthetic equivalents. All these benefits along with strict rules about disposal and utilization of petroleum based items may fuel industry growth.

Global oilseed output was greater than 500 million tons for 2015. Accessibility of sustainable raw substances in oilseed form can favorably impact the industry output. Long shelf life span coupled with approval from regulatory agencies like EPA(U.S. Environmental Protection Agency )and FDA ( U.S. Food and Drug Administration) for its food processing use is predicted to boost industry growth.

Product Insights

The industry is segmented into various products like methyl ester sulfonates, alkyl polyglucosides and rhamnolipids.
MES(Methyl ester sulfonates) led the product demand by producing revenue of about $586 million for 2015. MES is extensively utilized as laundry detergents due to its property of heavy hardness tolerance towards calcium ions and its fast biodegradation rate. Rising customer preference for detergents as alternative for laundry soaps is predicted to drive demand for methyl ester sulfonates.

Application Insights

Global industry is segmented into various applications like food processing application, household detergent application and industrial cleaner application. Food processing segment is predicted to register CAGR of more than 5.51% and cross $151 million mark by end of forecast timeframe. Biosurfactants are utilized in food processing as gels, stabilizers, emulsifiers and foams.

Household detergent led the application segment for 2015 and was evaluated at more than $781 million during that year. Growing demand for household cleaners and laundry detergents are predicted to drive biosurfactants market growth. Growing customer consciousness about toxicity of petrochemical derived items has stimulated the demand for this segment.

Regional Insights

Global biosurfactants market is segmented into key geographical regions like North America, APAC, Europe, MEA and Latin America. Europe dominated the global industry by contributing more than $901 million revenue for 2015. Countries like UK, France and Germany contributed to the industry growth in the region.

Competitive Insights
Key industry players profiled in the report include Urumqui Unite Bio-Technology Company Limited, Mitsubishi Chemical Corporation, Croda International PLC, Lion Corporation Chemicals Division, MG Intobio Company Limited, Saraya, BASF Cognis, AkzoNobel, Cargil, Ecover, Jeneil Biotech Incorporation, Soliance, Sun Products Corporation, Kao, Chemtura Corporation and Evonik Industries AG.