Wilmington, Delaware, United States, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - The biosurfactants market was worth US$ 3.7 billion in 2022. The market is estimated to expand at a CAGR of 8.2% between 2023 and 2031. Biosurfactants are expected to reach US$ 7.5 billion by the end of 2031. A biosurfactant may offer a greener solution to oil spill clean-up than chemical dispersants.
Biosurfactants are being developed for a broader range of applications. Researchers are exploring their use in enhancing oil recovery, bioremediation, and emulsifying foods and pharmaceuticals. In addition to finding new types of biosurfactants, researchers may also identify specific applications for these new biosurfactants.
Commercial production of biosurfactants is likely to increase as research progresses. In order to achieve cost competitiveness with synthetic surfactants, large-scale fermentation and downstream processing needs are being addressed. Biosurfactant research will continue to be crucial to better understanding their effects on the environment.
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Biosurfactants with desirable properties may be isolated and characterized by researchers focusing on novel microbial strains. Researchers may discover new biosurfactant-producing microorganisms using metagenomic approaches, a form of genomics that studies genetic material directly from the environment.
Scientists will likely explore and optimize biosurfactant production processes in order to achieve higher yields and cost-effectiveness. Increasing biosurfactant production efficiency may be achieved through genetic engineering and synthetic biology.
Global Biosurfactants Market: Growth Drivers
- Biosurfactants have become increasingly popular because of environmental regulations and the restrictions placed on conventional surfactants. In recent years, green and sustainable technologies have become increasingly popular due to regulatory support, which has had a significant impact on the market.
- With an increased awareness of environmental impacts, consumers are increasingly seeking out biodegradable and environmentally sustainable products. This has resulted in an increase in demand for biosurfactants in a variety of consumer goods. The development of biotechnology and fermentation processes has led to the rapid advancement of biosurfactants and their cost-effectiveness and commercial viability. As a result, the biosurfactants market has expanded.
- Biosurfactants with improved properties and functionality have benefitted from increased research and development investments. In addition to improving biosurfactant performance and application, these innovations can benefit a variety of industries.
- Green technologies and sustainable products are encouraged by many governments and regulatory bodies. In order to promote the adoption of environmentally friendly alternatives, policies and regulations can promote the use of biosurfactants.
- Researchers and developers in the fields of biotechnology and microbiology are discovering new strains of microbes that produce biosurfactants that have improved properties. By improving the production process, biosurfactant production becomes more scalable and cost-effective.
Global Biosurfactants Market: Key Players
Biosurfactant manufacturers are distributed worldwide in both small and large businesses. Companies are embracing new products, next-gen technologies as market trends emerge, and research and development are ramped up.
- Ecover
- BASF SE
- Croda International
- Evonik Industries
- Sasol
- Jeneil Biotech
- AGAE Technologies
- Soliance
- MG Intobio
- Mango Materials
- EcoSynthetix
- EcoFluid
- Terranol
- EcoChem Organics
- Glycosurf
- Others
Key Findings of Market Report
- Personal care industries are likely to generate demand for biosurfactants in the market.
- Based on the application, biopesticides, and food preservations are expected to drive the demand in the coming years.
- Based on type, glycolipids will drive demand for biosurfactants in the market.
- Due to rapid industrialization and urbanization, biosurfactants have seen increased demand in Asia Pacific.
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Global Biosurfactants Market: Regional Landscape
- Asia Pacific has experienced significant growth in demand for biosurfactants. Biosurfactants are becoming increasingly popular over conventional surfactants. Due to their environmental friendliness and sustainability, biosurfactants are becoming more popular in the region.
- Many countries in the Asia Pacific have adopted regulations and policies encouraging the use of biosurfactants. As a result, the market growth is expected to continue. Research and development efforts in the field of biosurfactants are assisting in the growth of the market.
- Several biosurfactant production processes are being developed, including exploring new sources of biosurfactant production. The personal care industry is expected to benefit from biosurfactants in the Asia Pacific region. Biosurfactants are becoming increasingly popular in personal care regimens as consumers favour bio-based products.
- Increasing consumer demand for eco-friendly and bio-based products will increase the use of biosurfactants. Biosurfactants are perceived as more environmentally friendly and more sustainable than conventional surfactants.
Global Biosurfactants Market: Segmentation
By Type
- Glycolipids
- Lipopeptides
- Phospholipids
- Polymeric
- Others
By Application
- Biopesticides
- Enhanced Oil Recovery
- Food Preservatives
- Creams & Lotions
- Hair & Body wash
- Drug Delivery
- Water Purification
- Detergents
- Wetting Agent & Softener
- Others
By End-use
- Personal Care
- Home Care
- Food & Beverage
- Agriculture
- Pharmaceutical
- Textile
- Oil & Gas
- Wastewater Treatment
- Others
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
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