Press release
North America Sophorolipids Market Business Opportunities And Regional Outlook 2021
Precision Business Insights published a research report on “North America Sophorolipids Market: by Application (Household detergents, Industrial & Institutional cleaners, Personal care, Oilfield chemicals, Agricultural chemicals, Food processing, Textiles, Others (Bioremediation, medical and pharmaceutical)), and Geography- Global/Region/Country Forecast to 2027", The North America Sophorolipids market anticipated to be valued at US$ XX Mn in the year 2020 and expected to value at US$ XX Mn till 2027 with considerable CAGR rate over 2021-2027.Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and --other qualitative sections with an in-depth TOC on “North America Sophorolipids Market: by Application (Household detergents, Industrial & Institutional cleaners, Personal care, Oilfield chemicals, Agricultural chemicals, Food processing, Textiles, Others (Bioremediation, medical and pharmaceutical)), and Geography- Global/Region/Country Forecast to 2027".
View detailed report description at https://precisionbusinessinsights.com/market-reports/north-america-sophorolipids-market/
Growing Implications related to the use of sophorolipids helps to enhance sophorolipids Market Growth
Increasing application of sophorolipids in manufacturing bio pesticides on account of efficiently removing pathogens is anticipated to have a positive effect on the market. Its antiviral and immune regulatory properties lead towards increasing use in pharmaceuticals industry, which is also anticipated to drive sophorolipids market over the evaluation period. Best bio surfactant properties have also resulted in growing popularity of sophorolipids for the purpose of manufacturing personal care products like deodorants and shampoo. Sophorolipids have antifungal properties that are anticipated to increase its application for manufacturing bacteriostatic agents and anti-dandruff shampoo. Such trend is anticipated to drive the demand for sophorolipids over the upcoming seven years. Detergents segment is experiencing larger revenue share in the year 2020 on the basis of application and anticipated to obtain revenue share in the market over the evaluation period.
Market strategies adopted by key players greatly contribute towards boosting sophorolipids makret growth. Acquisitions, mergers and novel product launch are the two leading strategies followed by the market players. Ecover and BASF Cognis are the two major surfactant manufacturers who have entered into the Biosurfactant market. Merger of two eco-friendly product manufacturers, viz. Ecover and Method would boost bio-based surfactants production.
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U.S. witnesses larger revenue share in the North America Sophorolipids Market
North America Sophorolipids market is anticipated to experience considerable growth due to it’s in farming of organic crops, which is anticipated to impact a positive growth for sophorolipid market. Growing shale gas production in U.S. is anticipated to increase the availability of petrochemicals, which is anticipated to be a demanding factor for sophorolipids market over the estimation period.
Competitive Analysis - North America Sophorolipids Market
There are a few major industry players working in the North America sophorolipids market, which include Saraya, Ecover, MG Intobio, Soliance and Cognis. Most of the market players are following different strategies such as collaborations, acquisitions, mergers and novel product launches to set up their footprint in the North America Market. Novel product development and strong research and development drive the product portfolio, which consequently promote the growth of industry. There are several manufactures emphasizing more on developing new products to enhance demand for bio surfactants and consequently can speed up the product market over the evaluation time span. Key players also focus on making business expansion and leveraging their position in the marketplace by following strategies.
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