The report “Biosurfactants Market by Type (Glycolipids, Lipopeptides), Application (Detergent, Personal care, Food processing, Agricultural chemicals), and Region (North America, Europe, Asia Pacific, Rest of the World) – Global Forecast to 2027 “, will grow to USD 1.9 billion by 2027, at a CAGR of 11.2% from USD 1.2 billion in 2022.
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• 178 Market data Tables
• 53 Figures
• 196 Pages and in-depth TOC on “Biosurfactants Market – Global Forecast to 2027”
Some of the prominent key players are:
- Evonik Industries AG (Germany)
- Deguan Biosurfactant Supplier (China)
- Biotensidon GmbH (Germany)
- Saraya Co., Ltd. (Japan)
- Allied Carbon Solutions Co., Ltd. (Japan)
- Daqing VICTEX Chemical Industries Co., Ltd. (China)
- Jeneil Biotech, Inc. (US)
- BASF SE (Germany)
- Holiferm Limited (UK)
- Solvay S.A. (Belgium)
Opportunity: Rising demand from petroleum industry
According to IEA, world oil demand is forecast to reach 101.6 million barrels per day in 2023, surpassing pre-pandemic levels. With this consumption rate, medium and light oil will be exhausted, and reliance will be placed on heavy and extra-heavy oils. Consequently, surfactants will be required to extract such heavy oils from reservoirs for global energy consumption. Biosurfactants have proved their usefulness in residual oil recovery by solubilizing trapped oil in rock formations, which is a prerequisite for Enhanced Oil Recovery (EOR). By the same principle, they have also been used in washing contaminated vessels and facilitating pipeline transport of heavy crude oil. Their anti-corrosion e?ects on oil-prospecting assets are based on the orientation of their polar groups and their antimicrobial activities.
Glycolipids is the largest biosurfactants material of biosurfactants market.
Glycolipids are the well-known and most studied type of low-molecular-weight biosurfactants. They are composed of carbohydrates (hydrophilic moiety) linked with either hydroxy aliphatic acids or long-chain fatty acids (hydrophobic moiety). These linkages remain intact with the means of an ester or ether group. Glycolipids comprise oligos or monosaccharides along with lipid moieties. The saccharide part can consist of mannose, glucose, galactosesulfate, glucuronic acid, rhamnose, or galactose moieties, whereas the lipid moiety consists of either hydroxyl fatty acids or fatty alcohols and unsaturated or saturated fatty alcohols.
Europe is projected to be the fastest growing market for biosurfactants during the forecast period
The major applications of biosurfactants in Europe are detergents and personal care, owing to the huge R&D activities being undertaken by researchers to develop innovative biomaterials. Industrial growth and increasing consumer awareness toward more environmentally friendly and sustainable products are primarily driving the biosurfactants market in Europe. Moreover, the growing investments in the manufacturing industry in Germany are contributing to the increased demand for biosurfactants in the region.