According to a report,“Biosurfactants Market Analysis By Product (Rhamnolipids, Sophorolipids, MES, APG, Sorbitan Esters, Sucrose Esters) And Segment Forecast To 2020”, published by Grand View Research, Inc., The global market for biosurfactants is expected to reach USD 2,308.8 million by 2020. Escalating consumer preference towards the use of bio-based products, particularly in Europe and North America is expected to increase biosurfactant penetration. In addition, stringent regulatory policies are further expected to augment the biosurfactant demand over the next six years.
Key Takeaways from the report:
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The global biosurfactant market is expected to reach 462 kilo tons by 2020, growing at a CAGR of 4.3% from 2014 to 2020.
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Household detergent was the largest application segment, consuming 153.5 kilo tons of biosurfactants in 2013. Growing demand for sustainable products in cleaning applications is expected to boost the demand for biosurfactants over the forecast period.
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Personal care applications are expected to gain significant share owing to the growing market for these products in Asia Pacific. In addition, growing consumer awareness regarding benefits of bio-based personal care products is expected to have a positive influence on the market. The demand for biosurfactants in personal care is expected to reach 50.7 kilo tons by 2020, growing at a CAGR of 4.5% from 2014 to 2020.
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Europe was the largest regional market for biosurfactants, with consumption of 178.9 kilo tons in 2013. High consumer awareness and demand for bio-based products is a key reason for the high penetration of biosurfactants. Asia Pacific was a relatively small market in 2013 but is expected to gain significant share over the next six years owing to the presence of large manufacturing industries in the region.
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The global biosurfactants market is consolidated with the top five companies catering to nearly 90% of global demand. Key players in the market include BASF Cognis, Ecover, Urumqui Unite, Saraya and MG Intobio.
Biosurfactants market volume share, by application, 2013
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Methyl Ester Sulfonate (MES) was the largest consumed biosurfactant, accounting for 33.26% of the 344 kilo ton global market in 2013. Its superior properties in terms of foaming and stability as compared to other surfactants make it ideally suited for use in household detergents. Other key biosurfactants include Alkyl Polyglucosides (APG), Sorbitan Esters and Sucrose Esters, with combined demand estimated at 115 kilo tons in 2013.
For the purpose of this study, Grand View Research has segmented the global Biosurfactants market on the basis of application, product and region:
• 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
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About Grad View Research, Inc.
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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