Biosurfactants Market Scope And Analysis

Report Code : TIPRE00005067
Category : Chemicals and Materials

Status : Published
No. of Pages : 163

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Biosurfactants Market Analysis, Scope, and Growth by 2030

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Biosurfactants Market Report Scope

Report Attribute	Details
Market size in 2022	US$ 811.08 Million
Market Size by 2030	US$ 1,311.48 Million
Global CAGR (2022 - 2030)	6.2%
Historical Data	2020-2021
Forecast period	2023-2030
Segments Covered	By Type Sophorolipid Rhamnolipid Mannosylerythritol Lipids Alkyl Polyglucosides Surfactin Phospholipids Polymeric By Application Household Detergents Personal Care Industrial and Institutional Cleaners Food Processing Oilfield Chemicals Leather Processing Agriculture Pharmaceuticals
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Dow Inc Allied Carbon Solutions Co Ltd Saraya Co Ltd Evonik Industries AG BASF SE Sabo SPA Holiferm Ltd Stepan Co Deguan Biosurfactant Supplier

Industry Developments and Future Opportunities:

Various initiatives taken by the key players operating in the biosurfactants market are listed below:

In March 2023, Holiferm Ltd and Sasol Chemicals, a business unit of Sasol Ltd., announced a collaboration to produce and market rhamnolipids and mannosyl erythritol lipids (MELs). This collaboration expands the partnership announced in March 2022 between the two companies to develop and commercialize another biosurfactant product, sophorolipids.

COVID-19 Impact:

The COVID-19 pandemic affected various industries in several countries. Lockdowns, travel restrictions, and business shutdowns in North America, Europe, Asia Pacific (APAC), South & Central America (SAM), and the Middle East & Africa (MEA) hampered the growth of several industries, including the chemical & materials industry. The shutdown of manufacturing units disturbed global supply chains, manufacturing activities, delivery schedules, and essential and nonessential product sales. Various companies reported delays in product deliveries and a slump in their product sales in 2020. Due to the pandemic-induced economic recession, consumers became cautious and selective in purchasing decisions. Consumers significantly reduced nonessential purchases due to lower incomes and uncertain earning prospects, especially in developing regions. Many manufacturers of biosurfactants faced declining profits due to reduced consumer demand during the initial phase of the pandemic. However, by the end of 2021, many countries were fully vaccinated, and governments of various countries announced relaxation in certain regulations, including lockdowns and travel bans. People started traveling to different places, which increased the demand for biosurfactants. All these factors are boosting the growth of the biosurfactants market across different regions.

Competitive Landscape and Key Companies:

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 prominent players operating in the global biosurfactants market. These players offer high-quality biosurfactants and cater to many consumers in the global market.