Soy-based Surfactants Market Growth Analysis by Leading Industry Players Archer Daniels Midland Company, Loveland Products, Inc, Noveon, Sinerga SpA, AkzoNobel, Koch Industries, Cognis GmbH, Georgia-Pacific LLC
Soybeans are an important source of three natural products namely soy lecithin, protein and saponin. Lecithin dominated the soy-based surfactants market demand over the past few years. Global soy oilseed production was estimated at more than 280 million tons in 2014.
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Stringent government regulations owing to environmental concerns are likely to hamper synthetic detergent demand. Renewable materials such as seed oils & animal fats coupled with technological advancements are likely to counter challenges for soy-based surfactants market growth. Seed oil substitution can significantly reduce carbon footprints into the atmosphere.
Lecithin can be derived from animal source such as egg yolk, but is too expensive for industrial applications. It is predominantly obtained from plant seeds, particularly oilseeds as they are abundantly available at competitive pricing. Soy lecithin market finds preference in industrial applications to be used as a stabilizer, antioxidant, emulsifier, nutritional supplement and wetting agent owing to structural & compositional properties. Soy-based surfactants market price trend will be critical in determining industry acceptance.
oy proteins market offers three major forms which depend upon protein content namely flours, protein concentrates and protein isolates. Protein concentrates are the most refined with purity of approximately 90%. They are widely used as nutritional & functional ingredients in food applications. Their presence also enhances the color, texture and flavor of food products.
Growth in soybean oil production coupled with decline in dietary applications owing to health concerns is likely to accelerate its use for non-food applications such as surfactants, lubricants, plasticizers, bio fuels and printing inks. It is used as fermentation substrate or raw material for sorphorolipids, rhamnolipids and mannosylerythritol lipids.
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Soy-based surfactants market also has potential opportunities in medical applications for solid lipid nanoparticles with size ranging from 80-350mm used for an anticancer drug delivery, Dox (doxorubicin hydrochloride).
Biobased products under the brand name Sophoron and Ecos are used for household detergents applications. Compare, Liberate, Agnique are used for agricultural applications. Chemonic is used for personal care applications. Arquad and Actrosol OY-67 are used for oilfield chemicals & textile applications respectively. Actrosol OY-75 and Yelkin, Ultrayech & Beakin lecithin are used for paints & coatings and food processing applications.
The global soy-based surfactants market share is consolidated and is characterized by the technological advancements to develop cost effective product. Key companies operating in this market include Saraya Co. Ltd, Loveland Products, Noveon and Illionois. Other prominent manufacturers include Sinerga Cosmetic Company, Cognic GmbH, Akzo Nobel, Koch Industries, Georgia Pacific Corp and ADM.
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