The global market for
biosurfactants is expected to reach USD 2,308.8 million by 2020, according to a
new study by Grand View Research, Inc. Escalating consumer preference towards
the use of bio-based products, particularly in Europe and North America is
expected to increase biosurfactant penetration. In addition, stringent
regulatory policies are further expected to augment the biosurfactant demand
over the next six years.
Methyl Ester Sulfonate (MES)
was the largest consumed biosurfactant, accounting for 33.26% of the 344 kilo
ton global market in 2013. Its superior properties in terms of foaming and
stability as compared to other surfactants make it ideally suited for use in
household detergents. Other key biosurfactants include Alkyl Polyglucosides
(APG), Sorbitan Esters and Sucrose Esters, with combined demand estimated at
115 kilo tons in 2013.
Request to Sample of This Report @ http://www.grandviewresearch.com/industry-analysis/biosurfactants-industry
Further key findings from the study suggest:
- The global biosurfactant market is expected to reach 462 kilo tons by 2020, growing at a CAGR of 4.3% from 2014 to 2020.
- Household detergent was the largest application segment, consuming 153.5 kilo tons of biosurfactants in 2013. Growing demand for sustainable products in cleaning applications is expected to boost the demand for biosurfactants over the forecast period.
- Personal care applications are expected to gain significant share owing to the growing market for these products in Asia Pacific. In addition, growing consumer awareness regarding benefits of bio-based personal care products is expected to have a positive influence on the market. The demand for biosurfactants in personal care is expected to reach 50.7 kilo tons by 2020, growing at a CAGR of 4.5% from 2014 to 2020.
- Europe was the largest regional market for biosurfactants, with consumption of 178.9 kilo tons in 2013. High consumer awareness and demand for bio-based products is a key reason for the high penetration of biosurfactants. Asia Pacific was a relatively small market in 2013 but is expected to gain significant share over the next six years owing to the presence of large manufacturing industries in the region.
- The global biosurfactants market is consolidated with the top five companies catering to nearly 90% of global demand. Key players in the market include BASF Cognis, Ecover, Urumqui Unite, Saraya and MG Intobio.
For the purpose of this study, Grand View Research has
segmented the global Biosurfactants market on the basis of application, product
and region:
About Grand View Research
Grand View Research,
Inc. is a U.S. based market research and consulting company, registered in the
State of California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting services.
To help clients make informed business decisions, the company offers market
intelligence studies ensuring relevant and fact-based research across a range
of industries including technology, chemicals, materials, healthcare and
energy.
For More Information, Visit Grand View Research
Contact:
Sherry James
Corporate Sales
Specialist, U.S.A.
Grand View Research,
Inc.
United States
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Blog Site: http://www.grandviewresearchinc.blogspot.in/
No comments :
Post a Comment