DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "World Biosurfactant Market - Opportunities and Forecasts, 2014 - 2022" report to their offering.
Bio-surfactants are surface active substances, synthesized by microorganisms or can be produced extracellularly. They are hydrophobic and hydrophilic in nature and are capable of reducing the surface tension and interfacial tension between individual molecule at the surface and interface. The global Biosurfactant market has shown tremendous growth due to promising properties of Biosurfactants such as they are environmentally friendly, less toxic and biodegradable. This creates an advantage over synthetic surfactants and attracts surfactant manufacturers to enter in Biosurfactant market.
High consumer awareness and demand for bio-based products and eco-friendly quality of Biosurfactant drives and supports the growth of Biosurfactant market. However, Cost competitiveness with respect to conventional surfactants remains a major restraint. The marketers have the opportunities to make their place in the market through utilization of industrial and agricultural wastes and usage of Biosurfactant in the unconventional market.
Biosurfactant type market is segmented into Glycolipids, Lipopeptides, Phospholipids, Polysaccharides, Rhamnose lipid, Sophorolipids and Others. Demand of Biosurfactant such as Rhamnose lipid, Glycolipids, Lipopeptides, phospholipids and Sophorolipids is going to be increased due to their utility in detergent, paints, cosmetics, food and pharmaceutical industries.
Biosurfactant application market is segmented into food Industry, cosmetics, healthcare, textile, agrochemicals, household detergents, personal care and others. Household detergent is the largest application of Biosurfactant followed by Personal care.
Geographically, the Biosurfactant market is segmented into North America, Asia Pacific, Europe and rest of world. Europe is the largest consumer of Biosurfactant due to growing awareness among consumers regarding health hazards associated with chemical surfactants.
BASF Cognis and Ecover are the two top surfactant manufacturers who have ventured into Biosurfactant market. Other producers in the market are Urumqui Unite, Saraya, and MG Intobio. Merger of two eco-friendly product manufacturers, viz. Ecover and Method, would increase production of bio-based surfactants. Merger & Acquisitions and Product launch are the two major strategies adopted by Key players.
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