Plant Based Biosurfactants Market Size, Share & Trends Report

Plant Based Biosurfactants Market Size, Share & Trends Analysis Report By Application, Regional Outlook, Competitive Strategies, And Segment Forecasts, 2019 To 2025

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  • Report ID: GVR2077
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The global plant based biosurfactants market is anticipated to witness rapid development over the next seven years owing to increase in demand from various end-use industry applications. Plant based biosurfactants are classified on the basis of either their chemical work or their origin. Plant based biosurfactants properties includes non-toxicity, exceptional surface activity, high specificity, bio degradability and effectiveness under harsh conditions. This is expected to enhance the overall market demand over the next few years. Detergents industry has experienced quick growth over the last five years and is further expected to develop in the near future. These surfactants are added to the detergents owing to their organic and ecofriendly qualities. This is predicted to augment the overall market.

Agriculture industry is an extremely important end-use industry for the global plant based biosurfactants. These bio based surfactants are mixed along with fertilizers in order to enhance their performance and increase their production yields. This tendency is touted to bolster the overall market over the next seven years. High technological innovations and advancements in biotechnology such as bioremediation are expected to aid the overall market. Bioremediation is a novel technology which has observed brisk growth. This technology uses plant based biosurfactants for shatter down waste products and hazardous materials to form low or non-toxic materials. Strict regulations from government agencies such as Fund for Wild Nature (FWN) concerning chemical surfactants use is anticipated to boost the global market over the next seven years. Change in consumer preferences for healthier lifestyle, surge in demand for personal care products and rise in disposable income have boosted the global personal care over the last few years. These bio based surfactants are added into personal care products as anti-bacterial agents. This trend is slated to augment the global market over the forecast period. Textile industry has witnessed considerable growth over the last few years. These surfactants are utilized for dispensing the conventional surfactants and reduce hazardous contents. This is projected to positively impact the global plant based biosurfactants market.

However, North America has pressed oil & gas prices boosting immense synthetic hydrocarbon production. Such a downfall in oil & gas prices resulted in higher unconventional resins production due to higher profitability. Growing synthetic surfactants production in various countries is estimated to hamper some regional plant based biosurfactants market. Major drawbacks such as extremely high cost of raw material, low yields and rising manufacturing costs are estimated to hinder the overall market. Major Industry participants have invested heavily in R&D initiatives to develop superior and cheaper bio-based surfactants.

Europe emerged as the leading market for plant based biosurfactants consumption over the last few years. This is attributable to strict ecological protection policies and growing health awareness is expected to witness continuous development over the next seven years. Countries such as Sweden, Germany, France, UK and Italy are anticipated to progress the overall regional market. North America has closely followed Europe with regards to continuously increasing consumption in 2013. Asia Pacific has observed moderate to sluggish growth pace over the last few years, but is estimated to witness rapid growth over the forecast period owing to growing awareness among consumers for bio based products. China and Japan have dictated the regional market on account of extremely low overall production costs and competitive economies. Countries such as India, Thailand, Malaysia and Indonesia are expected to witness rapid growth due to high environmental concerns over the next seven years. Central & South America is also projected to witness increase in demand on account of rise in exports to North America, thereby aiding the global agriculture industry. Countries such as Brazil, Argentina, Panama and Chile are expected to dominate the regional market.

Prominent global plant based biosurfactants industry participants include Ecover, BASF Cognis, Urumuqui Unite, Saraya and MG Intobio. Owing to extremely few market participants the global industry is considered to be highly consolidated.

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