The global biosurfactants market is highly consolidated in nature, with the top five companies accounting for over 70% of the market share.
Albany, NY -- (SBWIRE) -- 01/29/2016 -- The rising concerns about the use of petroleum-derived/synthetic surfactants is driving the global biosurfactants market. Synthetic surfactants can be damaging to the ecology and human health.The low degradability associated with synthetic surfactants is the primary force fueling the worldwide demand for biosurfactants. Biosurfactants offer low toxicity and high biodegradability.
In addition to this, increasing demand for green products among consumers, which are eco-friendly and less damaging to human health is also fueling the biosurfactants market. In the coming few years, the global biosurfactants market will experience impressive growth due to the aforementioned factors. On the other hand, the cost competitiveness offered by the synthetic surfactants will hamper the global biosurfactants market to a great extent.
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The report on the global biosurfactants market offers a detailed segmentation analysis of the market. The sectors and the sub-sectors have been analyzed in depth of the global biosurfactants market. Furthermore, the market attractiveness of each sector along with the investment feasibility has been presented in the report. Broadly, the research study segments the global biosurfactants market by product type, end-use, and geography.
Overview of the Global Biosurfactants Market
Regulatory compliances encouraging the use of biosurfactants and the increasing awareness about the environmental impact of synthetic surfactants will support the growth of the global biosurfactants market. In addition to this, the global biosurfactants market will also benefit from the volatile prices of crude oil that is used in production of synthetic surfactants. Driven by these factors, the global biosurfactants market is expected to grow at a moderate, yet steady CAGR of 3.5% during the forecast period from 2014 to 2018.
In 2011, the global biosurfactants market was valued at US$1,735.5 million and is projected to reach US$2,210.5 million by 2018. Volume-wise, the global biosurfactants market is expected to account for a total volume of 476,512.2 ton in 2018. A significant 21% of this consumption will occur in emerging countries of Asia Pacific, Latin America, and Africa.
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By product, the global biosurfactants market is segmented into sucrose esters, methyl ether sulfonates, anionic APG derivatives, methyl glucoside esters, rhamnolipids, sophorolipids, fatty acid n-methylglucimides, sorbitan esters, alkyl polyglucosides, alkyl polypentosides, and others. According to end-use, the global biosurfactants market is divided into textiles, personal care, food processing, household detergents, oilfield chemicals, agricultural chemicals, industrial and institutional cleaners, and others. The personal care and household detergents segment collectively dominate the global biosurfactants market and are expected to account for over 56.8% of the market share by end of the forecast period.
Geographically, the global biosurfactants market is projected to be dominated by Europe that will account for 53.3% of the total market by 2018. Europe will be followed by North America, in terms of share in the global biosurfactants market. On the other hand, Asia Pacific is expected to exhibit good growth in the coming few years in the global biosurfactants market.
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Companies mentioned in the report are
The global biosurfactants market is highly consolidated in nature, with the top five companies accounting for over 70% of the market share. The key companies operating in the global biosurfactants market are Saraya, BASF Cognics, Ecover, MG Intobio, and Urumqui Unite.
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