The global biosurfactants market will grow to USD 1.9 Billion by 2027, at a CAGR of 11.2% from USD 1.2 Billion in 2022. The growth in the market is triggered by the increasing demand for green solutions. Also, the regulations imposed by several government organizations for the use of chemically synthesized surfactants are fueling the demand for environmentally friendly surfactant.
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Rhamnolipids type is projected to witness the highest CAGR, in terms of both value and volume, during the forecast period. This is owing to the enhanced functionality of rhamnolipids over the chemically synthesized surfactants. They offer efficient physicochemical properties in terms of emulsification activities, antimicrobial activities, stabilities, and surface activities.
The personal care application is projected to witness the highest CAGR during the forecast period. Consumer awareness regarding the use of environmentally friendly products is rising. Hence, the demand for products made from natural sources is increasing. The key growth segments include baby care, hair care, and skincare products.
Biosurfactants market is projected to witness the highest CAGR in Europe in the next five years. Europe is the largest market of biosurfactants because of increased demand from home care, personal care, and agriculture applications. The high demand for less toxic and highly biodegradable products due to the rising concerns for environmental protection is driving the demand for biosurfactants in Europe. Stringent environmental regulations imposed by REACH further raised the demand for eco-friendly and biologically-derived surfactants.
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The biosurfactants market is dominated by key players such as Evonik Industries AG (Germany), Deguan Biosurfactant Supplier (China), Biotensidon GmbH (Germany), Saraya Co., Ltd. (Japan), Allied Carbon Solutions Co., Ltd. (Japan), Daqing VICTEX Chemical Industries Co., Ltd. (China), Jeneil Biotech, Inc. (US), BASF SE (Germany), Holiferm Limited (UK), Solvay S.A. (Belgium) and others. These players have a strong foothold in the global biosurfactants market as well as a strong distribution network across the globe.
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