New report on Biosurfactant application market is segmented into food Industry, cosmetics, healthcare, textile, agrochemicals, household detergents, personal care and others. Household detergent is the largest application of Biosurfactant followed by Personal care. Bio-surfactants are surface active substances, synthesized by microorganisms or can be produced extracellularly. They are hydrophobic and hydrophilic in nature and are capable of reducing the surface tension and interfacial tension between individual molecule at the surface and interface. The global Biosurfactant market has shown tremendous growth due to promising properties of Biosurfactants such as they are environmentally friendly, less toxic and biodegradable. This creates an advantage over synthetic surfactants and attracts surfactant manufacturers to enter in Biosurfactant market. Biosurfactant type market is segmented into Glycolipids, Lipopeptides, Phospholipids, Polysaccharides, Rhamnose lipid, Sophorolipids and Others. Demand of Biosurfactant such as Rhamnose lipid, Glycolipids, Lipopeptides, phospholipids and Sophorolipids is going to be increased due to their utility in detergent, paints, cosmetics, food and pharmaceutical industries.
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High consumer awareness and demand for bio-based products and eco-friendly quality of Biosurfactant drives and supports the growth of Biosurfactant market. However, Cost competitiveness with respect to conventional surfactants remains a major restraint. The marketers have the opportunities to make their place in the market through utilization of industrial and agricultural wastes and usage of Biosurfactant in the unconventional market. The Biosurfactant market is analyzed through SWOT analysis, which helps in making business decisions. Porter’s five forces model reveals that the bargaining power of buyers is less due to few suppliers present in the market and bargaining power of suppliers is high as they are providing differentiated product thus create barrier for new entrant. Drivers, restraints and opportunities for Biosurfactant market along with the key players describe the market scenario. BASF Cognis and Ecover are the two top surfactant manufacturers who have ventured into Biosurfactant market. Other producers in the market are Urumqui Unite, Saraya, and MG Intobio. Merger of two eco-friendly product manufacturers, viz. Ecover and Method, would increase production of bio-based surfactants. Merger & Acquisitions and Product launch are the two major strategies adopted by Key players.
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