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Biosurfactants Market worth $2.3 billion by 2028- Exclusive Report by MarketsandMarkets

CHICAGO, Oct. 24, 2023 /PRNewswire/ -- The report "Biosurfactants Market by Type (Sophorolipids, Rhamnolipids, Lipopeptides), Application (Detergents, Personal Care, Food Processing, Agriculture Chemicals), and Region (Europe, North America, Asia Pacific, South America) - Global Forecast to 2028", size was USD 1.2 billion in 2022 and is projected to reach USD 2.3 billion by 2028, at a CAGR of 11.0%, between 2023 and 2028. Microorganisms produce a class of surface-active chemicals known as biosurfactants, which have a wide range of industrial uses. They are gaining popularity because, in contrast to conventional surfactants derived from petrochemical sources, they are sustainable and beneficial to the environment. The usage of ecologically friendly products has been encouraged by governments and regulatory authorities in numerous nations, which has increased demand for biosurfactants.

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Rhamnolipids is projected to register the highest CAGR, in terms of value, of the global biosurfactants during the forecast period.

Rhamnolipids are known for their biodegradable nature, making them environmentally friendly and suitable for various eco-friendly applications. Excellent surfactant qualities, such as those for emulsification, foaming, and wetting, are present in rhamnolipids. Because of this, they are useful in a variety of processes, including increased oil recovery, environmental cleanup, and emulsification in the food and cosmetics sectors. Rhamnolipids are likely to find new uses and improve production processes as a result of ongoing research and development in the field of biosurfactants, which will increase demand for them in the future.

Detergents is estimated to be the largest application of the biosurfactants, in terms of value, during the forecast period.

In the upcoming years, it is anticipated that the use of biosurfactants in detergents will continue to grow. When used in detergent formulation, biosurfactants have a number of benefits that are in line with the growing consumer and industry demands for cleaners that are more environmentally friendly and sustainable. Increased awareness of the potential environmental and health impacts of synthetic surfactants has led consumers to seek alternatives in their cleaning products.

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Europe is estimated to be the largest market for the biosurfactants market, in terms of value, during the forecast period.

The adoption of biosurfactants in various industrial sectors has been aided by the active promotion of sustainability programs by the European Union and numerous national governments in Europe. Europe is renowned for having rigorous environmental laws, which have prompted businesses to use eco-friendly substitutes. Due to their biodegradability and reduced environmental impact, biosurfactants have made significant progress in the region.

The key players profiled in the report include Evonik Industries AG (Germany), Deugan Biosurfactant Supplier (China), Biotensidon GmbH (Germany), Saraya Co., Ltd (Japan), Allied Carbon Solutions Co., Ltd. (Japan), Daqing VICTEX Industries Co., Ltd., (China), Jeneil Biotech, Inc. (US), BASF SE (US), Holiferm Limited (UK), and Solvay S.A. (Belgium).

Browse Adjacent Market: Bulk Chemicals and Inorganics Market Research Reports & Consulting

Related Reports:

Surfactants Market- Global Forecast to 2028

Industrial Cleaning Chemicals Market- Global Forecast to 2028

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The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

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