Global Biosurfactants Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Biosurfactants Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Biosurfactants are surface active compounds produced by various microorganisms. Compared with other synthetic surfactants, biosurfactants have many unique characteristics, including mild production conditions, multifunctionality, higher biodegradability, and lower toxicity. Biosurfactants includes Rhamnolipids, Sophorolipids, etc., which are widely used in food industry, detergent and oil industry.

Market Overview:

The latest research study on the global Biosurfactants market finds that the global Biosurfactants market reached a value of USD 1941.8 million in 2022. It’s expected that the market will achieve USD 2925.13 million by 2028, exhibiting a CAGR of 7.07% during the forecast period.

Market Risk

According to the statistics of U.S. Department of Agriculture, the production of palm kernel oil, the core raw material, is mainly concentrated in Southeast Asia. The countries with the highest output are Indonesia and Malaysia, accounting for 57% and 25% of the total global palm kernel oil output respectively. Palm kernel oil and other natural oil raw materials are processed by oil and fat industrial enterprises to form oil derivatives such as fatty alcohol and fatty alcohol ether. The fluctuation of palm kernel oil price directly affects the production cost of oil and fat chemicals such as fatty alcohol, and then affects the price of surfactants. The fluctuation of palm kernel oil price is affected by multiple factors such as industry processing cycle and output, oil price fluctuation, El Nino extreme weather, COVID-19 epidemic and so on. In recent years, the global palm kernel oil price fluctuated greatly.
For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry. Having an understanding of industry rivals is vital to successfully market a product. Positioning pertains to how the public perceives a product and distinguishes it from competitors. A business must be aware of its competitors marketing strategy and pricing and also be reactive to any changes made. The Biosurfactants industry is facing a fierce competitive position. Many companies have been doing business in this industry. They pay more attention to R&D, product innovation, channel construction and customer relationship management, trying to gain greater market share and competitive advantage.

Region Overview:

From 2023-2028, Europe is estimated to witness robust growth prospects.

Company Overview:

The top three companies are Evonik, BASF, Stepan, with the value market share of 9.00%, 8.38%, 7.91% in 2020.

Evonik is a sustainable specialties partner to companies who develop and market products for cleaning and other applications. Customers leverage broad portfolio of ingredients, technologies and services to generate superior sustainability and functionality outcomes that can enable and enhance their formulations.

Evonik is a powerhouse and true global leader across a broad range of markets and applications: home care, industrial and institutional cleaning and transportation.

BASF SE is a German multinational chemical company and the largest chemical producer in the world. The BASF Group comprises subsidiaries and joint ventures in more than 80 countries and operates six integrated production sites and 390 other production sites in Europe, Asia, Australia, the Americas and Africa.

Segmentation Overview:

Among different product types, Sophorolipids segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Oil Industry segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Biosurfactants market covered in Chapter 3:

Rhamnolipid
Givaudan
BASF
Evonik
Saraya
Jeneil
Biotensidon
Stepan
XI'AN REGE

In Chapter 4 and Chapter 14.2, on the basis of types, the Biosurfactants market from 2018 to 2029 is primarily split into:

Rhamnolipids
Sophorolipids
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Biosurfactants market from 2018 to 2029 covers:

Food Industry
Detergent
Oil Industry
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)