Global Biosurfactant Market to Grow at Around 4% CAGR From 2014 to 2020: Million Insights
FELTON, California, August 16, 2017 /PRNewswire/ --
Global biosurfactant market is anticipated to generate demand of over 340,000 tons by 2020, growing at a CAGR of around 4% from 2014 to 2020. Absence of direct bio based substitutes of these product is expected to be one of the major factor driving the market over the forecast period.
Bio surfactants are surface-active compounds manufactured from several bio-based raw materials such as plant oil, plant carbohydrate and animal oil. Biosurfactants are excellent alternatives for synthetic surfactants and are the best emulsifiers that helps in maintaining, temperature & pH tolerance, antimicrobial, wet & foaming properties.
Few other factors such as growth of the global personal care industry and rising environmental concern over consumption of synthetic surfactants are yet another factor expected to drive the product demand.
Detergents and personal care products are its main end use applications. Bio surfactants such as APE (Alkyl phenol ethoxylates) &LAS (Linear Alkylbenzene Sulfates) have been also used as substitutes for synthetic ones in sewage treatment plants. Environmental friendly nature, non-toxicity, low irritancy, biodegradability and safety of handling these products are some of the major advantages for these over the synthetic ones.
New production techniques and increasing applications in bioremediation, oilfield chemicals, industrial and institutional cleaners are anticipated to create new opportunities for the industry.
Browse full research report with TOC on "Biosurfactants Market Size & Forecast Report, 2012 - 2020" at: https://www.millioninsights.com/industry-reports/biosurfactants-market
Methyl Ester Sulfonate (MES) was the largest product segment in 2013 accounting for over 30% of the overall market. Increasing consumer awareness for bio based products makes it the preferred choice for the manufacturer in the present scenario. Demand of other products including sucrose esters, alkyl polyglucosides (apg), and sorbitan esters are also anticipated to increase in the next six years.
Major applications of biosurfactants include food processing, textiles, agricultural chemical, household detergents, personal care, bioremediation, oilfield chemicals, industrial and institutional cleaners. Currently, these products have found various applications in oil field chemical owing to their cleaning abilities and stability.
Europe was the leading regional segment in 2013. Asia Pacific is expected to experience moderate growth over the next few years owing to growing application sectors in countries such as China and India.
Some of the leading industry players include BASF, Saraya, MG INtobio, Ecover, and Urumqui Unite. These companies account for around 90% of the global production annually. Other companies in the market include Akzo Nobel N.V, DuPont de Nemours & Co, Clariant AG, AGAE Technologies, Soliance and Jeneil Biotech.
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Market Segment:
Biosurfactants Application Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2020)
• Household Detergents
• Personal Care
• Industrial & Institutional Cleaners
• Food Processing
• Oilfield Chemicals
• Agricultural Chemicals
• Textiles
• Other Markets
Biosurfactants Product Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2020)
• Rhamnolipids
• Sophorolipids
• Methyl Ester Sulfonates (MES)
• Alkyl Polyglucosides (APG)
• Sorbitan Esters
• Sucrose Esters
• Others
Biosurfactants Regional Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2020)
• North America
• Europe
• Asia Pacific
• RoW
About Million Insights:
Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive market place, that will enable you to compare data points, before you make a purchase. Enabling informed buying, is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store, includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.
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Research Support Specialist, USA
Million Insights
Phone: +1-408-610-2300
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SOURCE Million Insights
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