Segments - Global Bio-surfactants Market by Product Types (Glycolipids, Phospholipids, Surfactin, Lichenysin, Polymeric Bio-surfactants, and Others), Applications (Detergents & Industrial Cleaners, Cosmetics, Food Processing, Oilfield Chemicals, Agricultural Chemicals, Textiles, and Others), and Regions (Asia-Pacific, North America, Europe, Latin America, and Middle-East & Africa) – Industrial Analysis, Growth, Trends, Covid-19 Impact, and Forecasts 2021-2028
The global bio-surfactants market size was valued at USD 2,307.31 million in 2020 and projected to expand at a CAGR of 5.50% during the forecast period, 2021-2028. The growth of the market is attributed to increasing demand of personal and household cleaning products.
Bio-surfactants are chemicals produced by microorganisms such as yeast, bacteria and fungi. Because of its low specificity and toxicity, it has the ability to replace synthetic surfactants, so that bio-surfactants are mostly used for detergents & industrial cleaners, agricultural chemicals, food processing, cosmetics, oilfield chemicals, and textiles. The market for biosurfactants is divided into three categories product type, application, and geography. In market various bio-surfactants product are used such as glycolipids, phospholipids, surfactin, lichenysin, polymeric bio-surfactants, and others by their needs. Chemically manufactured biosurfactants such sucrose ester, methyl ester sulfonates, alkyl poly-glycoside, and others are excluded from the market.
The Covid-19 pandemic affected the demand and supply of bio-surfactants market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Covid-19 had a negative impact on the market in 2020. Due to greater awareness of personal hygiene and a clean environment, which has boosted demand for personal & household cleaning products, boosting bio-surfactant market growth during forecast period.
The report on the global bio-surfactants market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Bio-surfactants Market - Global Industry Analysis, Growth, Trends, and Forecasts |
Base Year |
2020 |
Historic Data |
2018-2019 |
Forecast Period |
2021-2028 |
Segmentation |
Product Types (Glycolipids, Phospholipids, Surfactin, Lichenysin, Polymeric Bio-surfactants, and Others), Applications (Detergents & Industrial Cleaners, Cosmetics, Food Processing, Oilfield Chemicals, Agricultural Chemicals, Textiles, and Others) |
Regional Scope |
Asia-Pacific, North America, Europe, Latin America, and Middle-East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
Honeywell International Inc.; Arkema Group.; W.R. Grace & Co.-Conn.; and Tosoh Corporation. |
On the basis of product types, the global bio-surfactants market is segregated into glycolipids, phospholipids, surfactin, lichenysin, polymeric bio-surfactants, and others. The polymeric bio-surfactants segment is projected to expand at a considerable CAGR during the forecast period due to increasing use in agricultural applications due to their features such as emulsification, foaming, dispersion, wetting, penetrating, thickening, microbial growth stimulation, and antimicrobial. Bio-surfactants are being phased out due to the health risks associated with synthetic chemical-based goods.
Based on applications, the global bio-surfactants market is divided into detergents & industrial cleaners, cosmetics, food processing, oilfield chemicals, agricultural chemicals, textiles, and others. The detergents & industrial cleaner segment is expected to grow at a rapid pace during the forecast period due to increasing use of synthetic chemical-based products in agriculture sector they produce hazardous effect on body so to avoid this problem the demand for bio-surfactants is increasing. Bio-surfactants are having essential properties, such as foaming, dispersion, emulsification, wetting, penetrating, thickening, microbial growth enhancement, and antimicrobial.
In terms of regions, the global bio-surfactants market is classified as Asia-Pacific, North America, Europe, Latin America, and Middle-East & Africa. Europe is expected to dominate the market during projected period because of high demand for bio-surfactants in Germany, France, and Italy. Germany is having high demand due to increasing population and awareness of personal care & hygiene. The income generated by the manufacturing of soap and detergents, as well as cleaning and polishing preparations, is expected to reach USD 6,131.81 million during the forecast period, according to the office for national statistics in the United Kingdom.
France has established itself as a global center for beauty products, which has also become one of the most profitable sectors of the French economy. The French cosmetics products market was valued at USD 2,363.47 million in 2019 and is predicted to reach USD 3,049.72 million during the forecast period. Soil remediation uses bio-surfactants to improve soil quality. Because of the expanding agriculture activity in nations such as China and India, the Asia-Pacific region dominates the global agriculture sector.
Key players competing in the global bio-surfactants market include Honeywell International Inc.; Arkema Group.; W.R. Grace & Co.-Conn.; and Tosoh Corporation Evonik Industries AG, BASF SE, Ecover, Jeneil, and Givaudan. The global biosurfactants industry is highly concentrated, with the top five manufacturers accounting for more than 80% of the market.