The Global Biosurfactants Market (2018-2023) is Projected to Grow at a CAGR of 4.75% - Analysis by Type, Industry Vertical and Geography - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Global Biosurfactants Market - Forecasts from 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.
The global biosurfactants market is projected to expand at a CAGR of 4.75% over the forecast period of 2017-2023.
Recently, these compounds have gained traction in the market owing to their unique properties such as low toxicity, biodegradability, specificity, and relative ease of preparation.
Increasing environmental concerns, the advancements in biotechnology, and the emergence of laws promoting biosurfactants are the major driving factors that are driving the biosurfactants market growth.
Rising demand for bio based and eco-friendly personal and home care products owing to the high consumer awareness related to the synthetic surfactants is driving the demand for biosurfactants.
The market is expected to grow at a steady pace over the forecast period owing to the increasing adoption of biosurfactants in a number of industries such as pharmaceuticals owing to its potential advantages.
The application of biosurfactants in industry is fast becoming a reality; however there are challenges related to yield and cost of production, including downstream processes that can restrain the global biosurfactants market growth.
By type of product, the global biosurfactants market is segmented as glycolipids, fatty acids, phospholipids and neutral lipids, lipopeptides, and polymeric biosurfactants. Glycolipids holds a significant share in the market. Glycolipids such as sophorolipids and rhamnolipids are increasingly being used in homecare and cosmetics products so as to replace synthetic surfactants.
By industry vertical, the global biosurfactants market is segmented as agriculture, food processing, oil and gas, personal and home care industry. Others include healthcare and textile industry. Personal and home care industry holds a significant share in the market owing to the growing adoption of biosurfactants to make home products more safer and eco-friendly.
Geographically, the global biosurfactants market is segmented as North America, Europe, Middle East & Africa, Asia-Pacific and South America. Europe holds a significant share in the market owing to the research and development activities taking place in the region so to study the potential applications of biosurfactants in the market.
Key Topics Covered
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Global Biosurfactants Market by Type
6. Global Biosurfactants Market by Industry Vertical
7. Global Biosurfactants Market by Geography
8. Competitive Intelligence
9. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/ljfczf/the_global'w=4
» Publication Date: 05/12/2018
This project has received funding from the Bio-Based Industries Joint Undertaking under the European Union’s Horizon 2020 research and innovation programme under grant agreement Nº 745828