The global biosurfactants market size was valued at USD 4.41 billion in 2023 and is projected to grow from USD 4.65 billion in 2024 to USD 6.71 billion by 2032, exhibiting a CAGR of 5.4% during the forecast period. This information is provided by Fortune Business Insights™, in its report, titled, “Biosurfactants Market Size Report, 2024-2032.” Factors, such as rising crude oil recovery activities, will increase the footprint of the market.

Biosurfactants Industry Segments

Based on type, the market is divided into lipopeptides, glycolipids, polymeric, phospholipids, and others.

By application, the market is broken down into industrial and institutional cleaners, household cleaners, oil & petroleum, food processing, personal care, agrochemicals, and others.

In terms of geography, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Biosurfactants Report Coverage

The report highlights the crucial factors such as dominant players, products, and raw materials among others. Additionally, the study provides insights into ongoing market trends and future market advancements. Also, the report contains a wide range of factors that are expected to impact the market in a meaningful way.

List of Biosurfactants Key Players Present

  • Jeneil (U.S.)
  • Evonik Industries (Germany)
  • AGAE Technologies (U.S.)
  • Glycosurf (U.S.)
  • Tensiogreen (U.S.)
  • Stepan Company (U.S.)
  • Holiferm (U.K.)

Drivers & Restraints

Increasing Environmental Concerns & Rising Crude Oil Recovery Activities to Augment Growth

Factors such as rising consumption of surface-active agents in connection with the human population and actions in the form of detergents, toothpaste, and shampoos coupled with rising ecological issues existing in rivers, wastewater treatment facilities, and seas will boost the biosurfactants market growth during the forecast period. Advancements of technology for removing contamination coupled with a widening list of potential applications will increase the footprint of the market. Rising crude oil recovery activities will fuel the growth of the market.

However, hindrances in the production of biosurfactants will limit the growth of the market during the forecast period.

Regional Biosurfactants Insights

Europe to Hold Dominance in Market During Forecast Period due to Rising Awareness About the Usage of Green Surfactant Alternatives

Europe dominated the global market in 2021 and occupied the largest biosurfactants market share, owing to the rising usage of industrial biotechnology coupled with increased awareness regarding green surfactants. Additionally, increasing legislation on the consumption of chemicals will increase the penetration of the market in the region.

North America will occupy a significant market share during the forecast period due to rising consumer preferences toward the negative impact of chemical surfactants post decomposition coupled with increased spending on wellbeing and hygiene. Rising demand from the petroleum & oil sector will increase the footprint of the market.

Competitive Landscape

Collaborative Strategies & Heavy R&D Activities to Enable Players to Exert Prominence

The sector of biosurfactants is concentrated with key industries such as Evonik Industries, AGAE Technologies, Jeneil, and Stepan Company dominating the market. These players are focused on adjusting their product prices and are often segmented by the characteristics of their products. For gaining a competitive edge over each other, players are increasing their market share by engaging in various strategies, such as mergers & collaborations, in a bid to promote additional sales. Other players are focused on investing heavily with their R&D departments to develop a higher degree of products.

Key Biosurfactants Industry Development

  • June 2020: The Stepan Company announced acquiring the NatSurFact business of Logos Technologies LLC, a rhamnolipid that is generated from a wide range of renewables sources.

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

Address:

Fortune Business Insights Pvt. Ltd.

Mahalunge Road, Baner, Pune-411045,

Maharashtra, India.

Information contained on this page is provided by an independent third-party content provider. Frankly and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact [email protected]