Transparency Market Research

Global Microbial Biosurfactants Market Receives Massive Boost from Change in Consumer Preference: TMR News

Microbial biosurfactants are surface-active compounds derived from renewable feedstock and are used in a multitude of industries owing to their excellent dispersing, emulsifying, and foaming properties. The microbial biosurfactants market is primarily driven by a shift in consumer preference from synthetic and chemical-based surfactants to biobased products. This change in consumer trend is backed by a favorable regulatory outlook, especially in developed nations, fueling the demand for microbial biosurfactants. The growing use of microbial biosurfactants in the environmental sector is likely to yield positive results for investors. In contrast, high cost of production compared to synthetic surfactants poses a major challenge for the microbial biosurfactants market.

 

Albany, NY -- (SBWIRE) -- 06/04/2015 -- According to a report by Transparency Market Research, the global microbial biosurfactants market stood at US$12.7 million in 2012 and is likely to grow to US$17.1 million in 2020, registering a 4% CAGR from 2014 to 2020.

Sophorolipids Largest Product Segment, Household Detergents Most Common Application

The microbial biosurfactants market can be segmented on the basis of product and application. The major product types of microbial biosurfactants are sophorolipids, rhamnolipids, mannosylerythritol lipids (MEL), and others including fatty acids, glycolipids, and polymeric surfactants. Sophorolipids dominated the microbial biosurfactants market in 2012, with a 54% share. Given their high production yield, sophorolipds are the most preferred microbial biosurfactants and this segment is expected to grow at the fastest pace over the next five years. Rhamnolipids held the second-largest share of the microbial biosurfactants market in 2012 and are commonly used in biopesticides, enhanced oil recovery, and bioremediation. Being in a relatively nascent stage, MEL presently have a low volume of production. Microbial biosurfactants are largely used in applications such as industrial and institutional cleaners, personal care, medical and pharmaceutical, oilfield chemicals, textiles, agricultural chemicals, bioremediation, household detergents, and food processing.

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Household detergents held the largest share of the overall microbial biosurfactants market in 2012 and this segment is expected to register a steady CAGR of 6.1% from 2014 to 2020. Rise in environmental awareness has caused consumers to switch from synthetic chemical-based detergents to biobased sustainable cleaning products. This has resulted in a major boost to the microbial biosurfactants market. The jump from synthetic surfactants to microbial biosurfactants can also be seen in the personal care segment. The latter possesses higher moisturizing properties compared to the former, which made personal care the second-largest application segment in 2012. The category is anticipated to be worth US$2.39 million by 2020.

Usage in Oil Recovery Promising Opportunity for Microbial Biosurfactants Market Players

Microbial biosurfactants are less harmful to the environment and do not need large amounts of thermal energy. Compared to synthetic surfactants, microbial biosurfactants can also be used in lower concentrations, making them ideal for use in enhanced oil recovery. Microbial biosurfactants improve the recovery of oil and petroleum products from oil wells.

The global microbial biosurfactants market is characterized by the consolidated nature of its competitive landscape and the top three companies held an estimated 60.9% share of the overall market in 2012. Some of the prominent participants of the worldwide microbial biosurfactants market are Soliance, AGAE Technologies, LLC, Saraya, SyntheZyme LLC, Ecover, and MG Intobio.

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