Biosurfactants Market Analysis, Current And Future Industry Trends Report By 2020
“New production techniques and increasing applications in bioremediation, oilfield chemicals, industrial and institutional cleaners are anticipated to create new opportunities for the industry. However, these products being costlier compared to the synthetic ones and its low availability are expected to restraint the market in the new future.�
Market Insight: The global Biosurfactants Market is anticipated to reach 462 kilo tons by 2020, growing at a CAGR of around 4% from 2014 to 2020. Absence of direct bio based substitutes of these product is expected to be one of the major factor driving the market over the forecast period. Bio surfactants are surface-active compounds manufactured from several bio-based raw materials such as plant oil, plant carbohydrate and animal oil. Biosurfactants are excellent alternatives for synthetic surfactants and are the best emulsifiers that helps in maintaining, temperature & pH tolerance, antimicrobial, wet & foaming properties. Few other factors such as growth of the global personal care industry and rising environmental concern over consumption of synthetic surfactants are yet another factor expected to drive the product demand.
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