Toll Free (US/Canada): 1-888-778-7886
Delivery : 24-72 Working Hours
Report Code: CM10135
Category : Specialty Chemicals
The global bio surfactants market has grown significantly over the last few years, attributed to surging in demand of bio surfactants in the consumer goods market. Rising consumer awareness towards bio-based products in addition with the favorable regulation towards the environmental sustainability are some of the dominant factor that are driving the growth of bio surfactants market.
Bio surfactants or surface-active/microbial surfactants refer to a heterogeneous group of surface active molecules formed by solely by microorganisms. Biosurfactants are ecofriendly and chemical free surfactants. Biosurfactants are used widely in application, including emulsification, antimicrobial actions, and household detergent. Biosurfactants are also applicable in critical environmental applications, such as an oil recovery process in the petroleum industries, food processing industries, sewage treatment and waste water treatment, and in various applications in the pharmaceutical industry. The recent growths in the bio surfactants (microbial surfactants) are attributed largely to the advancement of fast and reliable systems for selection of bio surfactants yielding microbes and assessing their potential of surfactants.
The major hindrances to the bio surfactants market include inadequate cost competitiveness and lack of awareness about the benefits of bio surfactants in developing countries of Latin America and Asia-Pacific. However the stringent environmental regulations in addition with rising consumer awareness towards the green, petroleum-free and environmental friendly products in develop countries of Western Europe and North America are some of the major drivers of the bio surfactants market. The continuously fluctuating petroleum prices and inadequate availability of raw materials for chemical bases surfactants in many regions is expected to boost the demand of bio surfactants in coming years.
The rising demand of ecofriendly consumer products from developing economies such as Brazil, China, and India are proving new market opportunity for the global bio surfactants market.
Based on the different product type of the global bio surfactants, the market can be bifurcated as:
On the basis of various applications of bio surfactants the global bio surfactants market can be classified as:
Household detergents and personal care application segment were two of the largest application segment in 2014, accounting nearly half of the total bio surfactants market. Based on the product category Methy Ester Ketone (MES) was the largest segment in 2014 use widely in household detergents and personal care products. Methy Ester Ketone (MES) is derived from palm and coconut and used widely across detergent feedstock. In addition, MES is low in priced compared to petroleum based detergent feedstocks.
Europe was the largest market of bio surfactants in 2014. It is then followed by North America. The market dominance of Europe is attributed to the stringent environmental regulation of European Union. The market of North America is mainly fueled by the economic recovery post-recession. Asia-Pacific is the fasted growing market of bio surfactants and expected to witness steady growth over the forecast period. The high growth of bio surfactants in Asia-Pacific market is attributed the rising demand of bio surfactants based consumer goods from countries such as China, India, Indonesia, and Japan. Some of the major players operating in the global bio surfactants market include, BASF Cognis, Ecover, Urumqui Unite, Saraya, and MG Intobio among others.
Place An Order