Bio-Based Surfactants Market Trends | 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 Trends 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 trends
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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