Bio-Based Surfactants Market Analysis, Scenario of Manufacturers, Analysis and Research Study by 2027
Biosurfactants are surface-active substances synthesized by the living cell. They can cause less pollution as they have low toxicity and high biodegradability. Market Research Future (MRFR) has published a research report about the global bio-based surfactants market that estimates expansion for this market between 2016 and 2023. Analyzing the market structure, this report evaluates the future growth potential of the market. It analyzes the strategies of the key players in the market and follows the competitive developments such as joint ventures, new product developments, mergers and acquisitions, research and developments (R & D) in the market.
The key drivers
enhancing the market growth for bio-based surfactants include their
environmental friendly nature, demand for green product among consumers which
are eco-friendly and less damaging to human health, high biodegradability, low
degradability, low toxicity, performance under extreme condition, possibility
of large-scale production, and lastly, the regulatory compliance by the
governments which restrict the rising use of petroleum-based (synthetic
surfactants).
The global
bio-based surfactants market has been segmented on the basis of end-use
industry, product type, and lastly region. Based on end-use industry, this
market has been segmented into agricultural chemicals, food processing,
household detergents, industrial & institutional cleaners, personal care,
oilfield chemicals, textiles, and others. As per the product types, the market
has been segmented into alkyl polyglucosides (APG), alkyl polypentosides (APP),
anionic APG derivatives, fatty acid n-methylglucamine, methyl ether sulfonates
(MES), methyl glucoside esters, rhamnolipids, sophorolipids, sorbitan esters,
sucrose esters, and others.
The regional
segmentation of global Bio-Based Surfactants Market
Analysis segments the market into regional markets known as North America,
Europe, Asia Pacific, and the rest of the world (RoW). Europe is the key
consumer of bio-based surfactants and therefore, it holds the highest market
shares. In Europe, the production of bio-based surfactants is also highest. The
market growth in this region has been attributed to recovering (from recession)
economies across the region with increasing income and expenditure on consumer
goods. During the forecast period, Europe is expected to retain its dominance
on the market due to favorable initiatives that are being taken by European
governments to promote the production of bio-based products. The strong
economies in Europe that are also technologically advanced are France, Germany
and the United Kingdom (UK).
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After Europe, North
America is the second biggest regional market for bio-surfactants. It is
growing moderately over the past few years. Here, bio-based surfactants have
significant application in the personal care industry which is driving the
demand for bio-based surfactants. Particularly the United States of America
(USA) and Mexico are the vital contributors to this market to a great extent.
Canada is another powerful economy in North America.
Although the Asia
Pacific was relatively a smaller market earlier, during the forecast period, it
is expected to have substantial shares due to the growing application industry.
This is due to countries like China and India have an extensive presence in
agricultural, personal care, and textile industry that is likely to raise the
demand for bio-based surfactants.
Key Players
The key players in
the global bio-based surfactants market Analysis AkzoNobel N. V (Netherland),
BASF Cognis (Germany), Croda International (UK), Chemtura Corporation (USA),
Ecover (Belgium), Evonik Industries (Germany), MG Intobio Co. Ltd (South
Korea), Mitsubishi Chemical Holdings (Japan), Saraya Co Ltd (Japan), and Urumqi
Unite Bio Technical Co. Ltd (China).
Latest Industry
News
- BASF
Cognis has started a stepwise capacity increase of its
production plant for alkoxylation – a downstream technology
of ethylene oxide production – in Antwerp, Belgium.
Alkoxylation is useful for manufacturing surfactants for the
home care industry and in industrial and institutional cleaning
applications. 6 SEP 2018
- Ghent
University and Eastman Chemical Company from the GREEN-CHEM
network and several other partners have collaborated to
produce biobased amines as building blocks for surfactants.
17 APR 2018.
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