Global sales of microbial biosurfactants are valued at US$ 16.5 million in 2022. Detailed industry analysis has revealed that the global microbial biosurfactants market is expected to exceed US$ 24.3 million by 2032, expanding at a 3.9% CAGR.
Under product type, rhamnolipids are anticipated to reach a market valuation of around US$ 5.6 million and create an absolute & opportunity of US$ 2.2 million during 2022-2032.
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What’s Driving Sales of Microbial Biosurfactants across the World?
Microbial biosurfactants are produced by bacteria, yeast and fungi and can be aided as green surfactants. Biosurfactants are known as eco-friendly and less toxic, however, several types of biosurfactants have the prospective to be produced for various industries such as cosmetics, food industry and pharmaceutical manufacturing.
Thus, the growing attraction toward eco-friendly products and the availability of microbial biosurfactants provide a favorable condition to attract new players in the market.
Which Regional Microbial Biosurfactants Market Will Bring in High Profits?
The North America microbial biosurfactants market accounts for the largest market share of 31.4%. The regional market is expected to register a CAGR of 4.7% during the forecast years.
Extensive use of microbial biosurfactants in cosmetics is appealing to manufacturers to invest in the market. Rhamnolipids is an active ingredient broadly used in the healing of skin diseases, curing burn shocks, preventing wrinkles, etc. Additionally, the affordable price of microbial biosurfactants is propelling regional market growth.
Rhamnolipids are used as cleansers & detergents, and are natural surface-active agents & natural emulsifiers, which are extensively used as detergent compositions, shampoos & soaps, and laundry products, which will fuel market demand during the forecast years of 2022-2032.
Why Does the U.S. Account for High Demand for Microbial Biosurfactants?
The United States microbial biosurfactants market dominates the landscape by holding 28.4% market share in 2022, and is projected to register a CAGR of 4.7% during the forecast years.
Upsurge in the demand for microbial biosurfactants in multiple applications such as household detergents, industrial & institutional cleaners, personal care, oilfield chemicals, etc., is set to boost the growth of the product market in the country.
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Microbial Biosurfactants Industry Research by Category
Microbial Biosurfactants Market by Product Type :
- Other Product Types
Microbial Biosurfactants Market by Application :
- Household Detergents
- Industrial & Institutional Cleaners
- Personal Care
- Oilfield Chemicals
- Agricultural Chemicals
- Other Applications
Microbial Biosurfactants Market by Region :
- North America
- Latin America
- East Asia
- South Asia & Oceania
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Key manufacturers of microbial biosurfactants are SI Group, Agae Technologies, LLC, Ecover UK Ltd, Saraya Co., Ltd., AkzoNobel, BASF, and Jeneil. The global microbial biosurfactants market is consolidated and competitive because of the presence of various international and local players.
For instance :
- Evonik, in January 2019, partnered with the consumer goods group Unilever and invested in biosurfactants, which will allow the company to expand its market position in the biosurfactants domain
- BASF, in Oct 2021, signed a bio surfactant agreement with Allied Carbon Solutions & Holifirm to produce sophorolipids & glycolipid for home & personal care.
Fact.MR has delivered thorough statistics about the price facts of top microbial biosurfactant manufacturers positioned across regions, in addition to providing information on sales growth, speculative production expansion, and production capacity, in the recently published report.
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