DUBLIN, March 20, 2023 /PRNewswire/ -- The "Global Biosurfactants Market Size, Segments, Outlook, and Revenue Forecast 2022-2028 by Product, Application, and Region" report has been added to ResearchAndMarkets.com's offering.
According to this analysis, the Global Biosurfactants Market is expected to record a positive CAGR of ~6% during the forecast period (2022-2028) and is expected to reach approximately US$ 8 billion by 2028.
The need for cleaning agents and sanitation products is predicted to develop rapidly, which is benefiting the market's growth rate. Biosurfactants are applied in end-user industries like household detergents, industrial cleaners, personal care, food processing, and oilfield chemicals.
Biosurfactants are produced using environmentally friendly, renewable resources. Additionally, biosurfactants can be made from a variety of substances and work excellently in most circumstances. As it is biodegradable by nature, biosurfactants lessen the chances of contaminating soil or subterranean water while being stored, transported, or used. These advantages have led to a rise in the demand for biosurfactants during the past few years and are expected to lead to a higher growth rate in the coming years.
However, biosurfactants are typically more expensive due to the higher cost of the raw ingredients used to produce biosurfactants than synthetic surfactants. Additionally, expensive industrial processors, composters, and difficult procedures are used in the synthesis of biosurfactants. These elements combine to make biosurfactants more expensive than synthetic surfactants. Biosurfactants cost about US$34 per kilogram compared to synthetic surfactants' which cost US$4 per kilogram.
Furthermore, since the start of COVID-19, the consumption of biosurfactant products like disinfectants and hand sanitizers were being in heavy demand. In a way that targets many of the pandemic's most significant pathways for resolution, these biosurfactants have indirectly shown to be effective remedies. Apart from that, there has been a huge increase in demand from manufacturers for cleaning products, as a result, these surfactants are harmless and efficient cleaners.
Scope of the Report
By Product
By Application
By Geography
Key Players
Key Trends by Market Segment
By Product: The methyl ethyl sulfonates (MES) segment held the largest share in the Global Biosurfactants Market in 2021
Methyl ester sulfonate, often known as MES, is made from natural fats and oils and has great detergency, biodegradability, and better resistance to calcium hardness. It has minimal harmful effects and is environmentally friendly. Due to its high absorbency, superior detergent qualities, solubilization, and dispersibility, it is less expensive than comparable goods
Rhamnolipids is the fastest growing market. It is primarily generated by the bacteria Pseudomonas aeruginosa. Rhamnose sugars (mono rhamnolipid or di-rhamnolipid) are joined to one or more beta-hydroxy fatty acid chains to form Rhamnolipids.
By Application: The household detergents application segment held the largest market share in the global Biosurfactants market in 2021.
Biosurfactants are being increasingly demanded due to their decreased toxicity, as environmental concerns about synthetic detergent surfactants grow. Additionally, Biosurfactants have better foaming qualities than synthetic surfactants, which makes them the preferred choice for usage in detergents.
Furthermore, the biosurfactant market in the cosmetic and personal care industries is projected to expand as a result of the rising demand for personal care products around the world. Aside from other reasons, biosurfactants are employed in the production of personal care products because of their low toxicity, versatility, high biodegradability, and environmental compatibility.
By Geography: Europe accounted for the largest market share in 2021 within the total Global Biosurfactants Market in 2021.
The market for Biosurfactants in the region is rising significantly as a result of the presence of the major consuming nations, including Germany, the UK, France, and Italy.
The population of Germany has grown throughout time since 2017, and there is a high level of knowledge regarding personal cleanliness. As a result, soap and detergent use has increased. Over the projected period, this is expected to lead to an increase in the use of surfactants.
Recent Developments Related to Major and Emerging Companies
Conclusion
The global Biosurfactants market is forecasted to continue a gradual growth that is witnessed since 2017, during the forecast period also. One of the main trends driving market expansion is the increasing demand for cleaning agents and sanitation products. The market is highly competitive with around 500 participants concentrating on expansion strategies through product innovations as well as acquisitions and mergers.
Key Topics Covered in the Report
Major Companies Profiled in the Report
Frequently Asked Questions
What is the Study Period of this Market Report?
What is the Future Growth Rate of the Global Biosurfactants Market?
What are the Key Factors Driving the Global Biosurfactants Market?
Which is the Largest Product Segment within the Global Biosurfactants Market?
For more information about this report visit https://www.researchandmarkets.com/r/jw22kd
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SOURCE Research and Markets
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