Global Biosurfactant Market Report, Analysis and Forecasts to 2023: Global Market Insights Inc.
Global biosurfactants market size should witness consumption in excess of 520 kilo tons by 2023. Growing environmental friendly product due to shift in consumer preference towards bio-based products should drive biosurfactants market size. The product has emulsifying, foaming and wetting properties and therefore preferably used in cosmetic and household detergent applications. The main classes of biosurfactants are phospholipids, lipopeptides, and glycolipids.
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Favorable regulations by REACH and EPA to promote eco-friendly products along with growing concerns regarding synthetic derived surfactants should positively influence industry growth. Strong trends towards growing naturally derived and sustainable products in Latin America and Asia Pacific should drive product demand. Sulfate free products, neem extracts, and sugar-based products are major bio-based products used due to cost-effective and biodegradable nature.
Biosurfactants are derived from vegetable oils and fatty alcohols. Fatty alcohols include safflower oil, rapeseed oil, soybean oil, sunflower oil, beef tallow palm oil, and tall oil. Raw material fluctuations due to supply deficit in palm, rapeseed, soybean, and sunflower oils should hinder industry profitability. Complex manufacturing process and cost intensive may affect biosurfactants market price trend.
China, India, U.S., Brazil, and Argentina are key soy oil production areas. Sunflower and rapeseed oil accounted for over 8% and 14% respectively of the global oilseed market share in 2014. Canada, Ukraine, and Russia are major rapeseed oil and sunflower oil manufacturing countries.
Rhamnolipids market is set to witness highest gains at over 7.5%. It is widely used in personal care, pharmaceutical, bioremediation of pollutants and food applications. In personal care applications, it is found in shampoo and moisturizers.
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U.S. biosurfactants market size from food processing should witness consumption of over 6.5 kilo tons by 2023. Favorable regulations by FDA for usage in food processing applications should drive regional industry growth. UK biosurfactants market size from agriculture chemical applications should witness significant gains. EU and REACH regulatory compliance to promote bio-based products should influence regional growth.
Sophorolipids market is set to witness over 7% growth. It is preferably used in agriculture, food, biomedicine, bioremediation, cosmetics, and bio pesticides applications. Biosurfactants market size from household detergents should witness gains at over 4.5%. Rising consumer awareness regarding toxicity of petrochemical derived products should drive industry growth demand.
Sucrose esters market may witness significant gains over the forecast period. Sucrose esters reduce surface tension and promotes emulsification of immiscible liquids.
Global biosurfactants market share is consolidated. BASF-Cognis, Ecover, Saraya, MG Intobio and Urumqui Unite are key companies and accounted for over 65% of the total demand in 2015. Other prominent companies include AkzoNobel, Mitsubishi Chemical, Croda International, Evonik, Chemtura Corporation, Sun Products, and Lion Corporation.
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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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