Growing Demand from Detergents & Cleaning Products Industry to Escalate Biosurfactants Market Growth During 2022–2030
According to our new research study on “Biosurfactants Market Forecast to 2030 – COVID-19 Impact and Global Analysis – by Type and Application,” the biosurfactants market size is expected to grow from US$ 811.08 million in 2022 to US$ 1,311.48 million by 2030; it is estimated to register a CAGR of 6.2% from 2022 to 2030. The report highlights key factors driving the biosurfactants market growth and prominent players along with their developments in the market.
Biosurfactants are known as surface-active compounds that can be synthesized by a selected number of natural and biobased sources. Biosurfactants are popular for their biodegradability and low eco-toxicity. Besides biodegradability, low toxicity, and high production potential, biosurfactants also have a high surface and interfacial activity.
Biosurfactants are widely used in agriculture products, such as pesticides and other chemicals, in detergents for residential, medical, and healthcare usage; in personal care & cosmetic products, such as shampoo, hash wash liquids, soap, and many other products. Due to the increasing demand for biosurfactants from many end-use industries, including oil & energy, agriculture, chemical, pharmaceutical, medical & healthcare, consumer goods, and others, this market is growing rapidly. Further, advancements in technology and research have led to the development of highly sophisticated and efficient biosurfactants, which further boost the biosurfactants market.
Global Biosurfactants Market Breakdown – by Region
Biosurfactants Market Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Type [Sophorolipid, Rhamnolipid, Mannosylerythritol Lipids (MELs), Alkyl Polyglucosides (APGs), Surfactin, Phospholipids, Polymeric, and Others] and Application (Household Detergents, Personal Care, Industrial and Institutional Cleaners, Food Processing, Oilfield Chemicals, Leather Processing, Agriculture, Pharmaceuticals, and Others)
Biosurfactants Market Size Report | Trends & Analysis 2030
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Dow Inc, Allied Carbon Solutions Co Ltd, Saraya Co Ltd, Evonik Industries AG, BASF SE, Sabo SPA, Holiferm Ltd, Stepan Co, Deguan Biosurfactant Supplier, and Jeneil Bioproducts GmbH are among the key players operating in the global biosurfactants market. Market players focus on providing high-quality products to fulfill customer demand. They also adopt strategies such as investments in research and development activities and new product launches.
Impact of COVID-19 Pandemic on Biosurfactants Market
The COVID-19 pandemic affected economies and industries in various countries due to lockdowns, travel restrictions, and business shutdowns. The chemicals industry was severely affected by disruptions in supply chains and shutdowns of production plants in the initial phases of the pandemic. The COVID-19 outbreak led to disruptions in the global supply chain due to factory shutdowns, transportation restrictions, and labor shortages. These upheavals affected the availability of chemicals and packaging components, leading to potential supply chain delays and increased operating costs for biosurfactant manufacturers. The pandemic has also led to an increased demand for certain products, such as pharmaceuticals, healthcare supplies, and essential consumer goods.
The report includes the segmentation of the global biosurfactants market as follows:
The global biosurfactants market is categorized on the basis of type, application, and geography. Based on type, the biosurfactants market is segmented into sophorolipid, rhamnolipid, mannosylerythritol lipids (MELs), alkyl polyglucosides (APGs), surfactin, phospholipids, polymeric, and others. Based on application, the biosurfactants market is segmented into household detergents, personal care, industrial and institutional cleaners, food processing, oilfield chemicals, leather processing, agriculture, pharmaceuticals, and others. By geography, the global biosurfactants market is broadly segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. The North America biosurfactants market is further segmented into the US, Canada, and Mexico. The market in Europe is subsegmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The Asia Pacific biosurfactants market is further segmented into China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. The market in the Middle East & Africa is further segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The South & Central America biosurfactants market is further segmented into Brazil, Argentina, and the Rest of South & Central America.
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