Biosurfactant Market: Rising Concerns For Envronmental Degradation Is Driving The Demand For Biosurfactant
Global Biosurfactant Market: Key Highlights
- According to the new market research report “Biosurfactant Market by Type (Glycolipids, Phospholipids, Polymeric and Lipopeptides), by Application (Soaps and Detergent, Agriculture, Pharmaceutical, Food Processing, Cosmetics and Others), by Region (Asia Pacific, Europe, Middle East & Africa, South America, North America) — Global Forecast (2020 to 2027)”, the global Biosurfactant market is projected to growth a sustainable pace and reach USD 6.9 Billion by 2027.
- The biosurfactant market is growing on the grounds of rising environmental concerns across the globe coupled with soaring demand from the end-use industries
- However, higher production cost of biosurfactant is projected to hamper the market growth in the forecast period.
Global Biosurfactant Market: Key Market Dynamics
- The biosurfactant market is likely to witness remarkable growth owing to growing demand for biodegradable surface active molecules. The growing concern regarding environmental degradation across the globe is pushing the demand for biosurfactants
- Growing demand for biosurfactant from the agriculture, pharmaceutical, cosmetics and other end-use industries owing growing global population, increase in elderly population with shifting preference towards enhancing the personal aesthetics.
- The market growth is mainly hindered owing to high purification and production cost compared to the synthetic surfactants
- Emergence of new low cost substrate such as coconut waste, agro-industrial wastes, waste canola oil among others is expected to open new growth avenues for the market growth
Global Biosurfactant Market: Regional Overview
- North America
The biosurfactant market in the North American region is expected to gain higher demand in the years to follow owing to rise in demand from cosmetic and personal care sector. Shifting preference towards enhancing self-appeal among the population is boosting the market growth. Also, rise in geriatric population coupled with increasing prevalence of infectious diseases resulting into higher demand for advanced therapeutic drugs and treatment is pushing the market growth in North America.
- Europe
The Europe biosurfactant market is expected to grow at a significant pace owing to strict mandates imposed by the European Union regarding the use of surfactants. EU has imposed the strict rules and regulation such as Detergents Regulation regarding the surfactants and detergents for selling across the region, which is promoting the use of biosurfactant. Rising awareness regarding minimizing the hazardous impact of the surfactants on the environment and human health is propelling the demand for biodegradable surfactant in the region.
Global Biosurfactant Market: Key Players Overview
- Evonik Industries AG:
Evonik Industries AG is the specialty chemical company with headquarters in the Essen, Germany. The company offers range of products worldwide through nutritional & care, performance material, resource efficiency and services. Evonik provides biosurfactant used in the personal care products such as dishwashing liquids, shampoos, household detergents. In December 2019, the company Evonik signed an agreement with the Unilever, a company offering Beauty & Personal Care, Home Care, and Foods & Refreshment products for large scale production of dishwashing liquid through Evonik’s biosurfactant technology.
- Givaudan
Givaudan is the Swiss company operating globally through manufacturing flavors, fragrance, and active cosmetic ingredients. The company offers biosurfactant under the brand name Sopholiance S, which acts as the Antibacterial and sebum control agent across the personal care and cosmetic products such as deodorants, face cleaners, shower gels, makeup removers etc. The product functions through targeting the acne causing bacteria and odor.
About Forencis Research
Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of market research reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets.
Our robust research methodology is designed to constantly map the high growth markets in various industries. This facilitates enhanced decision-making capabilities to our clients. Our robust research methodology is designed to constantly map the high growth markets in various industries. This facilitates enhanced decision-making capabilities to our clients. We strive to help our clients to foray into uncharted space to attain increased revenue growth for the present as well as the future.
Contact Us:
FORENCIS RESEARCH
USA
Aurora
CO 80014
