The Global Biostimulants market accounted for USD 2.19 Billion in 2020 and is expected to reach USD 4.88 Billion by 2028, growing at a CAGR of around 10.5% between 2021 and 2028.
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.
COVID-19 Impact Analysis
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.
|Historic Years||2016 - 2020|
|Forecast Years||2021 - 2028|
|Segments Covered||By Product Type, By Application, and By End Use|
|Forecast Units||Value (USD Billion), and Volume (Units)|
|Quantitative Units||Revenue in USD million/billion and CAGR from 2021 to 2028|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World|
|Countries Covered||U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others|
|Number of Companies Covered||10 companies with scope for including additional 15 companies upon request|
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.|
|Customization Scope||Avail customized purchase options to meet your exact research needs.|
Product Type Segment Analysis Preview
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.
Applications Segment Analysis Preview
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.
Key Market Players & Competitive Landscape
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.
The global biosurfactants market is segmented as follows:
By Product Type
This report is based on in-depth qualitative and quantitative analyses of the global Biosurfactants market. Zion Research has collected and analyzed key data belong to the global Biosurfactants market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.
The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.
Various parameters have been taken into account, while estimating market size. The revenue generated by the leading industry participants in from the sales of Biosurfactants across the world has been calculated through primary and secondary research.
Zion Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc.
For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in validation of findings from secondary research and to understand key trends in the Biosurfactants industry. Primary research makes up the major source of data collection and validation.
We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:
Participants who typically participate in such a process include, but are not limited to:
Key opinion leaders specializing in different areas corresponding to different industry verticals
Secondary research sources that are typically referred to include, but are not limited to:
News articles, press releases and webcasts specific to companies operating in the market
Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Biosurfactants market.
Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:
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.
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.
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. 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.
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.
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