The Global Market for Biosurfactants and Segment Forecast to 2020

Pages: 3 (553 words) Published: April 18, 2014
The global market for biosurfactants is expected to reach USD 2,308.8 million by 2020, according to a new study by Grand View Research, Inc. Escalating consumer preference towards the use of bio-based products, particularly in Europe and North America is expected to increase biosurfactant penetration. In addition, stringent regulatory policies are further expected to augment the biosurfactant demand over the next six years.

Methyl Ester Sulfonate (MES) was the largest consumed biosurfactant, accounting for 33.26% of the 344 kilo ton global market in 2013. Its superior properties in terms of foaming and stability as compared to other surfactants make it ideally suited for use in household detergents. Other key biosurfactants include Alkyl Polyglucosides (APG), Sorbitan Esters and Sucrose Esters, with combined demand estimated at 115 kilo tons in 2013.

The report “Biosurfactants Market Analysis and Segment Forecast To 2020,” is available now to Grand View Research customers and can also be purchased directly at http://www.grandviewresearch.com/industry-analysis/biosurfactants-industry

Further key findings from the study suggest:

• The global biosurfactant market is expected to reach 462 kilo tons by 2020, growing at a CAGR of 4.3% from 2014 to 2020. • Household detergent was the largest application segment, consuming 153.5 kilo tons of biosurfactants in 2013. Growing demand for sustainable products in cleaning applications is expected to boost the demand for biosurfactants over the forecast period. • Personal care applications are expected to gain significant share owing to the growing market for these products in Asia Pacific. In addition, growing consumer awareness regarding benefits of bio-based personal care products is expected to have a positive influence on the market. The demand for biosurfactants in personal care is expected to reach 50.7 kilo tons by 2020, growing at a CAGR of 4.5% from 2014 to 2020. • Europe was the largest regional market...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Global Guidewires Market Analysis And Segment Forecasts To 2020 Essay
  • Global Flooring Market Trends & Forecasts 2014 to 2020 Essay
  • Essay about Servo Motors and Drives Market
  • Global Geocells Market Competitive Landscape Forecast 2015 to 2025 Essay
  • Global 3PL Market Essay
  • Global Paints and Coatings Market in-depth Analysis and Forecast to 2020 Research Paper
  • Essay about Recreational Boating Market: Global Industry Analysis and Forecast to 2020
  • Global Apheresis Equipment Market Trends & Forecasts 2020: Grand View Research Essay

Become a StudyMode Member

Sign Up - It's Free