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Biosurfactants Market – Global Industry Analysis Report, Share, Size, Growth, Price Trends and
Forecast, 2016 – 2023
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Global Biosurfactants Market size was more than 350 kilo tons for 2015 and is predicted to register more than 4.21% CAGR by end of forecast timeframe. Increasing customer preference for bio –based items along with rising ecological concerns about utilization of synthetic substances is predicted to promote industry growth.
They are same like their synthetic equivalents and minimize liquid surface tension permitting chemicals to combine homogeneously. All these product features makes it applicable in dishwashers and detergents
Strong scope of application in personal care items and detergents can favor industry growth. Increasing personal care products segment specifically in BRICS countries along with growing consciousness about advantages of naturally derived items can propel industry demand. In addition to this, growing use of biosurfactants in leather processing, oil recovery and drilling fluids can fuel industry demand.
Overview
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The industry is segmented into various products like methyl ester sulfonates, alkyl polyglucosides and rhamnolipids.
MES(Methyl ester sulfonates) led the product demand by producing revenue of about $586 million for 2015. MES is extensively utilized as laundry detergents due to its property of heavy hardness tolerance towards calcium ions and its fast biodegradation rate. Rising customer preference for detergents as alternative for laundry soaps is predicted to drive demand for methyl ester sulfonates.
Alkyl polyglucosides(APG)segment is predicted to register CAGR of more than 4.51% in terms of demand. It is extensively utilized in domestic detergent applications due to its high welting and detergency features. Few other key APG applications are paint strippers, aluminum brighteners and metal cleaners.
Product Insights
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Product Insights
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Global industry is segmented into various applications like food processing application, household detergent application and industrial cleaner application. Food processing segment is predicted to register CAGR of more than 5.51% and cross $151 million mark by end of forecast timeframe. Biosurfactants are utilized in food processing as gels, stabilizers, emulsifiers and foams.
Household detergent led the application segment for 2015 and was evaluated at more than $781 million during that year. Growing demand for household cleaners and laundry detergents are predicted to drive biosurfactants market growth. Growing customer consciousness about toxicity of petrochemical derived items has stimulated the demand for this segment.
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