Biosurfactants Market Size By Product (Sophorolipids, Rhamnolipids, Alkyl Polyglucosides [APG], Methyl Ethyl Sulfonates [MES], Sucrose Esters, Sorbitan Esters, Lipopeptides), By Application (Household Detergents, Personal Care, Industrial Cleaners, Food Processing, Oilfield Chemicals, Agricultural Chemicals, Textiles), Industry Analysis Report, Regional Outlook, Application Potential, Price Trend, Competitive Market Share & Forecast, 2020 - 2026
The biosurfactant market likely to see a remunerative growth spurt over the coming years owing to the growing demand from a variety of applications such as textile, food processing, pharmaceuticals, personal care, and household detergents, among others. Biosurfactants are known as a structurally varied group of surface-active substances mainly produced by microorganisms.
Biosurfactant market is segmented in terms of product, application, and regional landscape.
In terms of product, the overall biosurfactant market is classified into lipopeptides, sucrose esters, sorbiton esters, APG, MES, sophorolipids, rhamnolipids, and others.
The rhamnolipids product segment finds application in pharmaceutical, agricultural chemicals, oilfield chemicals, food processing, industrial cleaners, textile, personal care, and bioremediation. Personal care application segment will witness 18.1% CAGR over the forecast timeframe. These are known to be an active ingredient which is extremely effective for numerous skin treatments including curing burn shock, healing wounds with decreased fibrosis, and treating wrinkles.
Industrial cleaners are slated to witness more than 17.4% CAGR through the forecast time period. Agricultural chemicals application segment is forecast to grow at a CAGR of 16.9% over the analysis period. Textile application segment will witness around 16.2% CAGR over the forthcoming time period.
The sophorolipids product segment presently holds a share of over 0.13%. The product finds application in bioremediation, pharmaceutical, agricultural chemicals, oilfield chemicals, food processing, industrial cleaners, personal care, and household detergents. Industrial cleaners will witness more than 6.7% CAGR over the estimated timeframe. Oilfield chemicals segment is anticipated to grow at a CAGR of 5.8% over the estimated timeline. Pharmaceutical segment will witness nearly 7.2% CAGR over the forecast time period.
The MES product segment finds application in agricultural chemicals, industrial cleaners, personal care, and household detergents. Personal care application segment will witness around 5% CAGR over the projected time period. Agricultural chemicals segment is forecast to witness more than 4% CAGR through the forthcoming timeframe.
The APG product segment presently holds a share of over 12.17%. The product finds application in textile, agricultural chemicals, oilfield chemicals, industrial cleaners, personal care, and household detergents. Household detergents application segment will witness around 5.3% CAGR over the estimated time period. Industrial cleaners segment will witness around 4.8% CAGR over the projected time period. Further, agricultural chemicals application segment will observe 4.1% CAGR over the forecast timespan.
The sorbiton esters product segment currently holds a share of over 4.36%. It finds application in textile, agricultural chemicals, food processing, industrial cleaners, personal care, and household detergents. Household detergents application segment will witness around 5.1% CAGR over the forecast time period. Food processing application segment is slated to witness 4.3% CAGR through the forecast time period. Textile application segment will witness around 3.2% CAGR over the forthcoming timeframe.
The sucrose esters product segment finds application in agricultural chemicals, pharmaceutical, industrial cleaners, food processing, household detergents, and personal care. Personal care application segment is likely to witness around 4.1% CAGR over the forecast time period. Food processing segment is anticipated to grow around 3.5% CAGR over the forecast time period. Pharmaceutical application segment will witness 2.7% CAGR over the projected time period.
The lipopeptides product segment presently holds a share of over 0.67%. It finds application in pharmaceutical, bioremediation, personal care, food processing, Industrial cleaners, and household detergents. Personal care segment is slated to witness 2.6% CAGR over the forthcoming timeframe. Food processing application segment will witness around 2.2% CAGR over the forecast timeframe. Bioremediation application segment will witness around 3.5% CAGR over the forecast timeline.
The others product segment presently holds a share of over 37.89%. It finds application in textile, agricultural chemicals, pharmaceutical, oilfield chemicals, food processing, industrial cleaners, personal care, and household detergents. Household detergents segment will witness around 4.3% CAGR over the forecast period. Industrial cleaners application segment is anticipated to grow around 3.9% CAGR over the forthcoming timeframe.
Oilfield chemicals segment will witness around 2.9% CAGR over the coming years owing to its rising utilization in EOR recovery. Agricultural chemicals application segment will witness nearly 4% CAGR over the projected time period.
On the geographical front, LATAM market will witness around 4% CAGR over the forecast time period owing to its robust personal care, pharmaceuticals, and agriculture industry. MEA biosurfactant market presently holds share of over 2.77%.
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