The global biosurfactants market was valued at USD 3.99 Billion in 2016 and is projected to reach USD 5.52 Billion by 2022, at a CAGR of 5.6% during the forecast period. In this report, 2016 is considered the base year and the forecast period is from 2017 to 2022. Asia Pacific is the fastest-growing market for biosurfactants due to the technologically advancing and emerging countries in the region demanding innovative, biodegradable, renewable, and less toxic biosurfactant products.
Objectives of the Study:
To define, describe, and analyze the global biosurfactants market by type, application, and region
To forecast and analyze the market size (in terms of value and volume) and submarkets in five regions, namely, Asia Pacific, Europe, North America, Central & South America, and the Middle East & Africa
To forecast and analyze the market at country-level for each region
To strategically analyze each submarket with respect to individual growth trends and its contribution to the global biosurfactants market
To analyze opportunities in the market for stakeholders by identifying high growth segments of the global biosurfactants market
To identify trends and factors driving or inhibiting the growth of the market and submarkets
To analyze competitive developments, such as new product developments, and contracts & agreements in the global biosurfactants market
To strategically profile key market players and comprehensively analyze their growth strategies
The growth of the global biosurfactants market is mainly driven by the increasing demand for renewable and biodegradable products. Green products or biologically derived biosurfactants exhibit enhanced functionality as compared to chemically derived surfactants. By using natural raw materials, the products so developed are environment friendly.
The rhamnolipid segment is projected to grow at the highest CAGR between 2017 and 2022
Based on type, the global biosurfactants market has been segmented into glycolipids and lipopeptides. Rhamnolipids, falling under the glycolipids segment is projected to grow at the highest CAGR during the forecast period. This expected high growth rate is due to the increasing need for highly-efficient and cost-effective biosurfactants having superior properties as compared to chemical surfactants.
The agricultural chemicals application segment is projected to grow at the highest CAGR during the forecast period
Based on application, the agricultural chemicals segment is projected to grow at the highest CAGR between 2017 and 2022. Increasing demand for green surfactants to improve soil conditions, indirect plant growth promotion, and plant microbe interaction is fueling the growth of the biosurfactants market globally.
Asia Pacific to be the fastest-growing market for biosurfactants during the forecast period
The biosurfactants market in the Asia Pacific region is projected to grow at the highest CAGR between 2017 and 2022. This growth is mainly attributed to the rise of personal care, agriculture, and home care industries; significant R&D investments; and drive to use green products in the Asia Pacific countries, such as India, South Korea, and China. Europe accounted for the largest share of the global biosurfactants market in 2016 and is expected to continue to lead during the forecast period. This is due to the early product commercialization, intensive R&D, and rapid adoption of biosurfactants by general consumers in this region.
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Target audiences for the biosurfactants market report:
Raw Material Suppliers
Biosurfactants Market, By Type:
Lipopeptides and Lipoproteins
Phospholipids and Fatty Acids
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