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3 Key Insights on US$ 8 Bn Opportunity in the Global Biosurfactants Market - Ken Research
Driven by Increasing Demand for Cleaning Agents and Sanitation Products, the Global Market is Forecasted to Reach US$8 Bn by 2028 says Ken Research Study.Surfactants are typically organic molecules that are amphiphilic and contain both hydrophobic (tail) and hydrophilic groups (head). Biosurfactants contain at least one hydrophilic or hydrophobic group generated from plants, therefore they are not entirely sourced from plants.
Ken Research shares 3 key insights on this high-opportunity market from its latest research study.
1. Eco-Friendly Qualities of Biosurfactants is Boosting the Market Growth
According to Research estimates, the Global Biosurfactants Market - which was valued from around US$ 4 Bn in 2017 to nearly US$ 6 Bn in 2022 - is expected to grow further to more than US$ 8 Bn opportunity by 2028.
Biosurfactants meet the sustainability concerns of consumers in different parts of the world which is positively impacting the market's growth rate. Synthetic surfactants are harmful to developing aquatic life. The increased public knowledge of environmental issues and concerns related to compound surfactants has rekindled interest in finding eco-friendly characteristic substitutes for them in garment cleaners.
Biosurfactants are increasingly preferred over chemical surfactants because of their low toxicity, resistance to temperature and pH changes, and high biodegradability. Also, it is particularly advantageous because it may be produced using renewable resources.
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2. The Demand for Heavy Oil Recovery to Boost the Demand for Biosurfactants Market
The need to increase recovery rates and extract more energy from existing reservoirs has been prompted by rising global energy demands and the inadequacy of fossil fuel resources. The high usage of rhamnolipid-based bio-surfactant in boosting heavy oil recovery at high-temperature and high-salinity conditions is due to its efficient interfacial activity, foaming performance, and wettability. These elements are predicted to increase the market share of biosurfactants used in oilfield chemicals.
Furthermore, the market is anticipated to grow in the near future due to rising demand for cleaning oil tanks and recovering hydrocarbons as well as due to the advantages that biosurfactants have over chemical dispersants.
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3. Limitations in Knowledge About Biosurfactants to Negatively Impact the Market
The main issue for producers is that bio-based surfactants' characteristics are constrained, which restricts wider application in industries. Surfactants are usually adopted in product formulations when an alteration in one component affects the performance of the final product.
A considerable number of customers are not aware of the types and uses of different Biosurfactants and are not sure that their goods would be changed in any way by adding components like Biosurfactants. As a result, this industry is greatly impacted by technological breakthroughs. Brand owners carefully watch what technology developers bring to market before making significant judgments about new product development.
Customers are unable to bear the risks associated with working with a single manufacturer. As a result, a dearth of producers of biosurfactants can prevent further development. The EU law that must be followed in order to register a new product after development takes time and money, but it is essential.
The below table shows the results of the toxicity test of Biosurfactants mixtures to vegetables and organisms.
Test Compound Organism/Vegetable Test Toxicity
Emulsan Mysidopsis bahia LC50 (200 mg/L)
Emulsan Menidia beryllina LC50 (300 mg/L)
Candida sphaerica UCP 0995 biosurfactant Brassica oleracea 86% GI
Candida sphaerica UCP 0995 biosurfactant Artemia salina LC50 (600 mg/L)
Source: Industry Publications, Ken Research Analysis
Key Topics Covered in the Report
Snapshot of Global Biosurfactants Market
Industry Value Chain and Ecosystem Analysis
Market size and Segmentation of the Global Biosurfactants Market
Historic Growth of the Overall Global Biosurfactants Market and Segments
Competition Scenario of the Market and Key Developments of Competitors
Porter's 5 Forces Analysis of the Global Biosurfactants Market
Overview, Product Offerings, and SWOT Analysis of Key Competitors
COVID-19 Impact on the Overall Global Biosurfactants Market
Future Market Forecast and Growth Rates of the Total Global Biosurfactants Market and by Segments
Market Size of Product / Application Segments with Historical CAGR and Future Forecasts
Analysis of the Biosurfactants Market in Major Regions
Major Production / Consumption Hubs in the Major Regions
Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
Overview of Notable Emerging Competitor Companies within Each Major Country
Major Companies Profiled in the Report
BASF SE
Evonik Industries
Ecover
Lion Corporation
Croda International PLC
Biotensidon GmbH
AkzoNobel N.V.
Saraya Co., Ltd.
Jeneil Biotech, Inc.
Givaudan SA
Notable Emerging Companies Mentioned in the Report
CalNext
SurfactGreen
Kensing Solution
Altinbio Scientific Private Limited
Natur-Tec
Key Target Audience - Organizations and Entities Who Can Benefit by Subscribing This Report
Biosurfactants Manufacturers
Detergent Manufacturers
Household Cleaners Manufacturers
Industrial Cleaners Manufacturers
Chemical Companies
Specialty Chemicals Manufacturers
Biochemical Companies
Consumer Products Marketing Agencies
Chemicals Research Institutes
Entrepreneurs in Chemicals Industry
Government Ministries and Departments of Chemical Industry
Industrial Chemicals Regulatory Authorities
Financial Institutions focused on Chemical Industry
PE and VC Firms focused on Chemical Industry
Potential Entrants into Biosurfactants Industry
Time Period Captured in the Report
Historical Period: 2017-2021
Forecast Period: 2022E-2028F
For more information on the research report, refer to below link:
https://www.kenresearch.com/business-research/global-biosurfactants-market-outlook-2028/
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Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India
Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.
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