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Biosurfactants Market size Expected to Reach $2.67 Bn by 2022

Press Release   •   Jan 30, 2018 01:37 EST

Global biosurfactants market is expected to witness positive growth within the forecast period on account of increasing government incentives for the adoption of bio-based products. Biosurfactants are defined as surface active biomolecules produced by a wide range of microorganisms with unique environment-friendly properties. Biosurfactants can potentially replace virtually any synthetic surfactant and, moreover, introduce some unique physicochemical properties. They have the unique property of reducing the surface and interfacial tension of liquids. Biosurfactants are found to be eco-friendly and also an alternative for complicated remediation techniques for cleanup of heavy metals pollution globally.

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Biosurfactants Market

Growing government incentives and favorable policies for the adoption and application of bio-based products is expected to be the major driving factor of the global biosurfactants market. Moreover, the technological innovations coupled with the commercialization of biosurfactants have also been aiding the growth of the biosurfactants market. Rising awareness about the benefits of bio-based and adverse results of chemical surfactants is expected to surge the demand for biosurfactants in the years to come. However, the lack of awareness and knowledge about biosurfactants coupled with high cost of the product is expected to be a major restraint for the global biosurfactants market. Technological advancements and favorable government policies for using naturally derived surfactants over chemically derived product are expected to provide growth opportunities for the key players in the market over the coming years.

The biosurfactants market can be segmented into categories by product types such as glycolipid (rhamnolipids, trehalolipids, and sophorolipids), lipopeptides and lipoproteins, surfactin and lichenysin, and polymeric biosurfactants. Glycolipid accounted for the largest share of the global biosurfactants market in 2016. This can be attributed to the wide range of applications of glycolipid such as (rhamnolipids, trehalolipids, and sophorolipids). sophorolipids and rhamnolipids sub-segments of glycolipid segment are expected to register remarkable growth within the forecast period owing to their wide range of applications in the household and commercial fields.

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Detergency, emulsification, personal care products, environmental remediation, lubrification, mineral flotation, petroleum recovery, pharmaceuticals & cosmetics are the major application segments of the global biosurfactants market. Among applications, detergency and personal care products for the largest market share in 2016, owing to factors such as high efficiency & demand over the chemically synthesized surfactants. Pharmaceuticals & cosmetics segment is expected to witness significant growth during the forecast period due to increasing consumer preference towards bio-based products and rising research and development activities in pharmaceutical & cosmetics industries.

Europe accounted for the major share in global biosurfactants market in 2016 and is expected to grow significantly due to supporting the government regulations in the region that promote the adoption of biosurfactants. Moreover, the high awareness regarding what biosurfactants and technological developments in the region are expected to further drive the growth of the North America biosurfactants market within the forecast period.

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Asia Pacific is expected to witness significant growth owing to the huge population and high pollution rate in the region demand for a sustainable source for pollution control. In addition, the increasing awareness about the eco-friendly products in the region is expected to fuel the market during the forecast period. Factors such as high manufacturing, processing and purifying cost can restrain the growth of global biosurfactants market in the near future.

Some of the key players operating in the global biosurfactants market are BASF Cognis, Ecover, Jeneil Biotech, Saraya, Synthezyme LLC, Urumqui Unite Bio-Technology Co. Ltd., AGAE Technologies, MG Intobio, Henkel Ag & Co. Kgaa, Kemin Industries, Inc, among others.

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