Global Bio-surfactants Market 2017-2021
Bio-surfactants are amphiphilic compounds that are produced on the surfaces of living organisms (mostly microorganisms) or discharged extracellularly. They have both hydrophobic and hydrophilic parts, which makes them capable of reducing the surface tension between two liquid surfaces or a liquid and a solid surface. They can aggregate different interfaces of media with varying polarities. Apart from this, they also function as foaming agents, detergents, wetting agents, and emulsifiers. These functions make bio-surfactants a vital component in several industries such as agriculture, pharmaceutical, chemical cleaning, textile, food, and preservatives. They are biodegradable; with less toxicity; and effective in high temperature, pH, and salinity.
Technavio’s analysts forecast the global bio-surfactants market to grow at a CAGR of 6.02% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global bio-surfactants market for 2017-2021. To calculate the market size, the report considers the retail selling price is considered as the average selling price of the product.The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Bio-surfactants Market 2017-2021
Technavio recognizes the following companies as the key players in the global bio-surfactants market: Akzo Nobel, BASF, Croda International, Ecover, and Saraya.
Other Prominent Vendors in the market are: AGAE Technologies, Clariant, Evonik, GlycoSurf, Jeneil Biotech, Kemin Industries, Logos Technologies, SEPPIC, Stepan, and TensioGreen.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Potential use of marine origin bio-surfactant for cancer treatment. Cancer is one of the biggest health risk affecting many people around the world. A lot of research has gone into finding new biomarkers, drugs, and treatments, but a nontoxic therapy is yet to be found. Certain bio-surfactants, such as lipopeptides and glycolipids, can be used as anti-cancer agents. They have a low toxicity level, high efficacy level, and are biodegradable. These features make them an effective anticancer agent. The marine bacterium B. circulans DMS-2 produces lipopeptides with antiproliferative activity against human colon cancer cell line HCT-15. Thus, bio-surfactants of the marine origin have therapeutic properties.”
According to the report, one of the major drivers for this market is Stringent government regulations. Due to the harmful effects of synthetic surfactants, the governments of various countries along with environmental associations have set certain regulation regarding the use of surfactants in various applications. Regulation (EC) No 648/2004 of the European Parliament and of the Council of 31 March 2004 on detergents mandates all the companies to mention the specifications of the surfactants used in detergents. It also demands lab reports of their aerobic biodegradability. Europe is the major producer and consumer of surfactants and REACH, an EU regulation, has made it mandatory that all detergent and personal care products should be eco-friendly. The US, with the introduction farm bill, has made the funding in terms of loans for bio-related and renewable chemicals easier.
Further, the report states that one of the major factors hindering the growth of this market is High price of bio-surfactants compared with traditional surfactants. Bio-surfactants are more expensive than their traditional synthetic counterpart. This is primarily due to the cost of production. The difference in the cost of production between the two is almost £1.70 per liter, thus increasing the cost of the end-products. Major customers using bio-surfactant are fast moving consumer goods(FMCG) companies such as P&G, Reckitt Benckiser, Coalgate, and L'Oréal. These companies are concerned about the cost of their products to gain a competitive edge in the market. The market is price-sensitive. Thus, they would prefer synthetic surfactants over bio-surfactants.
Akzo Nobel, BASF, Croda International, Ecover, Saraya, AGAE Technologies, Clariant, Evonik, GlycoSurf, Jeneil Biotech, Kemin Industries, Logos Technologies, SEPPIC, Stepan, and TensioGreen.
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