Global Bio-based Surfactants Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
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MarketResearch.biz delivers in-depth insights on the global bio-based surfactants market in its upcoming report titled, “Global Bio-based Surfactants Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global bio-based surfactants market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global bio-based surfactants market report has been segmented on the basis of product type, application, and region.
A type of surfactant that is derived from living cells, has low toxicity, and a high rate of biodegradability is referred to as a bio-surfactant. These are also referred to as surface active agents, and are generally used for reducing surface tension as detergents or wetting agents. Bio-surfactants are widely being adopted owing to their properties in enhancing emulsification of hydrocarbons, diversity in use, possibility of large scale production, and environmentally friendly nature. These type of surfactants find use across various applications such as food, pharmaceuticals, textiles, oilfield chemicals, etc.
Increasing availability of natural bio-based surfactants to be used in manufacture of detergents and personal care products and also as oil field chemicals coupled with rising demand for bio-based surfactants as compared to their conventional chemical counterparts are major factors driving growth of the global bio-based surfactants market. In addition, stringent government and environmental regulations restricting use of conventional surfactants is another factor expected to propel demand for bio-based surfactants which is anticipated to fuel growth of the global market over the forecast period.
However, volatility in raw material prices especially, in prices of ethylene which is a major component from which anionic surfactants – major type of bio-surfactants – are derived from, is a major factor restraining growth of the global bio-based surfactants market. Additionally, wide scale availability of chemical based surfactants and high adoption in oil fields of the same as compared to bio-based surfactants is another major factor hampering growth of the global bio-based surfactants market over the forecast period.
Currently, the market in Europe dominates the global bio-based surfactants market in revenue terms owing to rising demand for bio-based surfactants and increasing number of applications of bio-surfactants in the region. The market in North America accounted for second-highest revenue share in the global bio-based surfactants market, followed by markets in Asia Pacific, Middle East & Africa, and Latin America respectively. The market in Asia Pacific is projected to witness fastest growth in terms of revenue, owing to growing demand for less toxic and environmentally friendly surfactants coupled with stringent environment regulations in the region.
Global bio-based surfactants market segmentation:
By product type:
- Anionic Natural surfactants
- Nonionic Natural surfactants
- Cationic Natural surfactants
- Amphoteric Natural surfactants
- Personal Care
- Industrial & Institutional Cleaning
- Oilfield Chemicals
- Agricultural Chemicals
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- BASF SE
- The Dow Chemical Company
- Croda International Plc.
- Huntsman Corporation
- Stepan Company
- Kao Corporation
- AGAE Technologies LLC
- Rhodia SA
- Henkel AG & Company, KGaA
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