Biosurfactants Market Analysis by Major Key Players including BASF, Ecover, Saraya, Soliance, Sun Products Corporation, AkzoNobel, Croda International PLC, Evonik Industries and Mitsubishi Chemical Corporation

Biosurfactants Market size is driven by increasing consumer consciousness towards usage of eco-friendly products in cosmetic & personal care industry. Biosurfactants Market size is set to surpass USD 2.7 billion by 2024; according to a new research report by Global Market Insights, Inc. Growing usage of these products in anti-ageing creams and lotions owing to its anti-microbial properties may spur market demand. Supportive and flexible regulations pertaining to commercial scale production of biosurfactants will benefit industry participants in short as well as long- term.

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Biosurfactants are amphiphilic compounds which are produced in living spaces or excreted through extracellular hydrophobic moieties. It is used to stabilize aerated systems, control agglomeration of fat globules and improve shelf life and texture of starch containing products and fat-based products in food processing industries. Rising ecological concerns about the use of synthetic surfactants including low degradability, low toxicity is likely to be key aspects to drive biosurfactants market demand.

APG (Alkyl polyglucosides) biosurfactants market size may surpass consumption at over 140 kilo tons by 2024. APG are widely used in hand dishwash detergents, hard surface cleaners, bathroom cleaners, bottle washing, grill cleaners and window cleaners owing to its water-soluble properties and are compatible with anionic, cationic and other non-ionic surfactants. APG from agricultural chemicals application may register gains close to 3.5% at the end of projected timeframe it act as agricultural adjuvant and contributes substantially to safer and most effective when applied to herbicides, which in turn foster biosurfactants industry growth.

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Key Industry Players:

• BASF
• AkzoNobel
• Evonik
• Ecover
• Jenil Biotech
• Kao Corporation
• Soliance
• Sun Products
• Croda International PLC
• TeeGene Biotech Ltd.
• AGAE Technologies
• Henkel Corporation

Sophorolipids biosurfactants market may register significant gains at over 6.5% by 2024. Lactonic sophorolipids provide better biocidal and pro-inflammatory activities whereas acidic sophorolipids provide better foaming agents, higher water solubility. Sophorolipids from personal care application was valued at over USD 695 thousand in 2017 owing to its antifungal properties, which are likely to increase the product application to manufacture anti-dandruff shampoos.

Methyl ester sulfonates biosurfactants market demand may surpass USD 850 million by the end of forecast period. The product is cost-effective over its counterparts as it has superior detergent properties which includes high absorption, solubilization and dispersing capabilities. MES from industrial cleaners' application may register significant gains at over 3.5% by 2024. Superior properties such as good detergency, excellent biodegradability, and improved calcium hardness tolerance may fuel the product demand.

North America biosurfactants market driven by Canada and the U.S. was valued at over USD 520 million in 2017. Increasing per captia income and expenditure on personal care products will propel regional industry growth. Increasing adoption of the product in new and unconventional markets will offer numerous opportunities for the regional industry growth.

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Europe biosurfactants market demand led by Germany, UK, France, Italy and Spain may register significant gains at over 4.5% by 2024. Increasing demand for eco-friendly products coupled with supportive government policies for bio-based products may foster the industry growth. Ecological protection policies and rising health awareness is expected to witness continuous development over the forecast timeframe.

Asia Pacific led by Japan, India and China biosurfactants market may surpass USD 530 million by the end of foreseeable timeframe. China and India have extensive presence of textile, personal care and agricultural industries which is projected to boost the demand for biosurfactants over the projected timespan. Japan and China have dictated the regional market on account of low overall production costs and competitive economies.

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Global biosurfactants market share is fragmented with key operators including BASF, Evonik, Ecover, Sun Products and AGAE Technologies. The companies may boost its product portfolio and strengthen its global presence in the form of mergers and joint ventures.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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