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Global Biosurfactants Market Suppressed by the Cost Competitiveness of Synthetic Counterparts: Transparency Market Research

Biosurfactants Market - Global Scenario, Raw Material and Consumption Trends, Industry Analysis, Size, Share and Forecasts 2011-2018

 

Albany, NY -- (SBWIRE) -- 07/02/2015 -- The global biosurfactants market is driven by the increasing demand for green products and technology. Biosurfactants are ecologically suitable surfactants that have detergent, emulsification, and antimicrobial properties. These properties are potent for environmental applications such as oil recovery in the petroleum sector, in the pharmaceutical sector, and for treatment of organic pollutants. The rising awareness related to the environmental impact of synthetic surfactants will further drive the global biosurfactants market.

Product Innovation to Drive the Global Biosurfactants Market

Players in the global biosurfactants market compete on the basis of product innovation and services. Some of the key companies operating in the global biosurfactants market are Urumqi Unite, Saraya, Mg Intobio, Ecover, and BASF-Cognis. The research and development projects in the global biosurfactants market are advancing rapidly. These projects encompass fields such as surface science, medicine, molecular biology, and organic chemistry. Manufacturers in the global biosurfactants market use environmentally renewable resources to produce biosurfactants. Renewable resources are preferred since they utilize cost-effective methods, reduce temperature, minimize waste, and retain sustainability.

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Personal Care and Household Segment Together Leading the Market

By product-type, the global biosurfactants market is divided into sucrose esters, methyl glucoside esters, rhamnolipids, methyl ether sulfonates (MES), anionic APG derivatives, sophorolipids, sorbitan esters, fatty acid N-methylglucimides, alkyl polypentosides (APP), alkyl polyglucosides (APG). Methyl ester sulfonates (MES) segment held a significant share in the global biosurfactants market. MES offers superior properties such as foaming and stability, which makes it a suitable ingredient for household detergents. MES is derived from coconut and palm oil and works as an excellent substitute for synthetic surfactants. Other biosurfactants that hold a good share in the market are sorbitan esters, alkyl polyglucosides, and sucrose esters.

The global biosurfactants market by end-users is segmented into personal care, food processing, household detergents, oilfield chemicals, agricultural chemicals, industrial and institutional cleaners, textiles, and others. The personal care and household detergent end-use segments together are projected to hold over 56.8% of the global biosurfactants market by 2018.

Europe to Lead the Global Biosurfactants Market by 2018

The global biosurfactants market is expected to grow at a moderate CAGR of 3.5% during the forecast period from 2014 to 2018. In 2011, the global biosurfactants market was noted at US$1,735.5 million and is projected to be worth US$2,210.5 million by 2018. Volume-wise, the global biosurfactants market is expected to reach 476,512.2 ton by 2018.

Geographically, the global biosurfactants market is segmented into Asia Pacific, Rest of the World, Europe, and North America. By 2018, it is expected that the global biosurfactants market will be dominated by Europe, which will hold 53.3% market share. Europe is expected to lead the global biosurfactants market, followed by North America. Approximately, 21% of the total consumption by volume for biosurfactants is projected to occur in emerging economies such as Asia, Latin America, and Africa.

The global biosurfactants market will be suppressed by many factors. Factors such as the low availability of critical feedstock along with the cost-competitiveness of biosurfactants compared to their synthetic counterparts will restrain the global biosurfactants market. Furthermore, the fluctuating prices of raw materials is also expected to suppress the global biosurfactants market.

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