The Global Biosurfactants Market accounted for USD 2.2 Billion in 2020 and is expected to reach USD 3.1 Billion by 2028, growing at a CAGR of around 4.5% between 2021 and 2028. Biosurfactants industry share by Product type, Application and Region.
The Global Biosurfactants Market accounted for USD 2.2 Billion in 2020 and is expected to reach USD 3.1 Billion by 2028, growing at a CAGR of around 4.5% between 2021 and 2028.
Biosurfactants are also known as microbial surfactants Biosurfactants are amphiphilic compounds. Surface active biomolecules formed by microorganisms with special environmental-friendly properties are referred to as these. Detergents, wetting agents, foaming agents, and emulsifiers are also examples of biosurfactants. Biosurfactants have the ability to replace almost any synthetic surfactant while still adding new physicochemical properties. Biosurfactants are appealing to customers because of their unusual properties such as low toxicity, precision, high biodegradability, antibacterial, antifungal, and antiviral properties. Biosurfactants increase the surface area of hydrophobic water-insoluble substrates, which organisms use for growth, and function effectively in biodegradation, bioremediation, and biocontrol processes.
The bio surfactant industry has a significant growth opportunity, owing to rising environmental considerations, advances in biotechnology, and the advent of more strict regulations, which have made biosurfactants a viable alternative to chemical surfactants on the market.
Due to government-imposed lockdowns to prevent the spreading of COVID, the global biosurfactants industry has seen a small decrease in revenues in the short term. Because of the increasing infections and curbs, sales of biosurfactants are likely to suffer across the world. Because of the pandemic, agrochemicals, oilfield chemicals, garment processing facilities, and its shipping have been shut down around the world, potentially reducing biosurfactant use. However, in the midst of the pandemic, there has been a surge in product demand for applications such as domestic detergents, personal care, and industrial cleaners. The growing trend for sanitation in residential and commercial spaces to control the virus epidemic is driving this product market.
The restrictions imposed by various nations to contain COVID had stopped the production resulting in a disruption across the whole supply chain. However, the global markets are slowly opening to their full potential and theirs a surge in demand of auto parts of the vehicles. The market would remain bullish in upcoming year. The significant decrease in the global Biosurfactants market size in 2020 is estimated on the basis of the COVID-19 outbreak and its negative impact on the economies and industries across the globe. Various scenarios have been analyzed on the basis of inputs from various secondary sources and the current data available about the situation.
Biosurfactant industry growth is driven and supported by increased customer recognition and demand for bio-based materials, as well as the eco-friendly nature of Biosurfactant. Biosurfactants are expected to see increased demand in a variety of uses, including soaps and detergents, personal care, and industrial cleaning. The need for regulatory reforms as a result of the advesrse effects of synthetic surfactants and preservatives in forcing core operating companies to incorporate revolutionary biosurfactants and natural preservatives obtained from natural sources into personal care products. During the forecast period, factors such as high production, refining, and purification costs may restrict the growth of the global biosurfactants market.
Report Attributes | Report Details |
---|---|
Report Name | Biosurfactants Market Research Report |
Market Size in 2020 | USD 2.2 Billion |
Market Forecast in 2028 | USD 3.1 Billion |
Compound Annual Growth Rate | CAGR of 4.5% |
Number of Pages | 183 |
Forecast Units | Value (USD Billion), and Volume (Units) |
Key Companies Covered | 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 |
Segments Covered | By Product Type, By Application and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA) |
Countries Covered | North America: U.S and Canada Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific Latin America: Brazil, Argentina, Chile The Middle East And Africa: South Africa, GCC, Rest of MEA |
Base Year | 2022 |
Historical Year | 2018 - 2022 |
Forecast Year | 2023 - 2030 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The global market is divided into four segmented based on the Product Type of biosurfactant: glycolipids (rhamnolipids, trehalolipids, and sophorolipids), lipopeptides and lipoproteins, surfactin and lichenysin, and polymeric biosurfactants. Because of its commercial ability, glycolipid (sophorolipids) is one of the fastest growing product types in the global biosurfactants industry. Agricultural, biomedicine, bioremediation, fruit, cosmetics, and bio pesticides applications for sophorolipids can drive the global biosurfactant market during the forecast period.
Based on the application the global biosurfactants market is segmented into detergency, emulsification, personal care devices, environmental remediation, lubrification, mineral flotation, petroleum recovery, pharmaceuticals & cosmetics, and others. Personal products are becoming more common in developed countries as people become more mindful of the benefits of using naturally derived products. In addition, the detergency portion of the application holds a major share of the global biosurfactants market in 2020. Furthermore, the growing use of biosurfactants in leather manufacturing, pollution prevention, and the pharmaceutical and cosmetics industries will drive the market forward in the coming years.
Some of the major players of global Biosurfactants market includes 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.
By Product Type
By Applications
By Region
FrequentlyAsked Questions
The global Biosurfactants Market was valued at USD 2.2 billion in 2020.
The global Biosurfactants Market is expected to reach USD 3.1 billion by 2028, growing at a CAGR of 4.5% between 2021 to 2028.
Biosurfactant industry growth is driven and supported by increased customer recognition and demand for bio-based materials, as well as the eco-friendly nature of Biosurfactant.
North America and Europe dominated the biosurfactant market in 2020, owing to favourable government legislation that encouraged the use of biosurfactants in the field. Due to improving economies, the income and spending on consumer goods, and increased marketing of bio-based products, Europe held the largest share of the global biosurfactants market and will continue to be the major market contributor. Because of the high demand for water pollution control and the market perception of bio-based goods in Asia Pacific, the area is expected to see substantial development in the growth of the biosurfactant market.
Some of the major players of global Biosurfactants market includes 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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