Asia Pacific Biosurfactants Market size to surpass $475mn by 2025
Published Date: December 5, 2019 Authors: Kunal Ahuja, Sonal Singh
Asia Pacific Biosurfactants Market size is set to surpass USD 475 million by 2025; according to a new research report by Global Market Insights, Inc.
The Asia Pacific biosurfactants industry size should witness significant growth due to increasing market demand as clean label ingredients for manufacturing products including household detergents, personal care, industrial cleaners, food processing, oilfield chemicals, agricultural chemicals, textiles, bioremediation. This product offer persuading characteristics including biodegradability, nontoxic, forming and absorption should enhance market growth.
Shifting consumer preferences towards green products to minimize environmental degradation should support market demand. Stringent government regulations imposed by governments including The Hazardous Substance Act, Measurement and Packaging Control, Consumer Protection Control and Corresponding Thai Standards (TIS) by Thailand and Badan Pengawas Obat dan Makanan (BPOM) Regulation No. 8/2016 by Indonesia will foster Asia Pacific Biosurfactants demand.
Proliferation of Rhamnolipids in pharmaceutical applications to accentuate Asia Pacific biosurfactants demand
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Rhamnolipids based Asia Pacific biosurfactants are predominantly used in health care products in different formulations including antacids, acne pads, anti-dandruff products and contact lens solutions should open up opportunities for the market. These formulations require surfactant with high surface activity and emulsifying activity which is the essence of the texture consistency for these products will foster market demand.
According to medical researches, Rhamnolipids biosurfactants exhibits curing properties against dermatological diseases including Pytiriasis versicolor, Acnae vulgaris, Piedra alba, Erythrasma, Dermatitis allergica contactu, Prurigo chronica, Rosacea, Psoriasis vulgaris and Dermatitis rosacei formis steroidica is projected to foster market demand by 2025.
APAC healthcare market size is anticipated to surpass USD 2.27 trillion by 2021. Healthcare industry growth in the region owing to escalating population, prevalence of contagious diseases including dengue, malaria & chikungunya should propel demand for Asia Pacific Biosurfactant. Increase in public health care budget in countries including India & China also open up new opportunities for the market trends.
Browse key industry insights spread across 476 pages with 514 market data tables and 41 figures & charts from the report, “Asia Pacific Biosurfactants Market Share By Product (Rhamnolipids, Sophorolipids, Methyl Ethyl Sulfonates [MES], Alkyl Polyglucosides [APG], Sorbitan Esters, Sucrose Esters, Lipopeptides), By Application (Household Detergents, Personal Care, Industrial Cleaners, Food Processing, Oilfield Chemicals, Agricultural Chemicals, Textiles, Bioremediation), Industry Analysis Report, Country Outlook (China, India, Japan, Thailand, South Korea, Malaysia, Indonesia, Philippines, Australia, Vietnam, Taiwan), Application Potential, Price Trend, Competitive Market Share & Forecast, 2019 – 2025” in detail along with the table of contents:
Rising sucrose ester utilization in food processing to boost Asia Pacific biosurfactants market outlook
Sucrose esters-based Asia Pacific biosurfactants are majorly used in food processing as high-quality and efficient food emulsifier and surfactant caters to multiple functions including emulsification, dispersion, defoaming, and controls crystallization which should augment market demand. Growing industry trends towards surface treatment of climacteric fruits including cherries, pears, bananas and apple for blocking respiratory gases should augment Asia Pacific biosurfactants demand.
Increasing fruit production in countries including China, India, Philippines, Indonesia, Thailand and Pakistan along with growing exports of citrus fruits, mango, pears, grape, banana, papaya, pineapple & persimmon, will enhance overall market size. Apart from this, increasing R & D activities for manufacturing drugs for curing chronic diseases will further stimulate the Asia Pacific biosurfactants demand. Sucrose esters are widely used for drug permeation and drug dissolution in the pharmaceutical sector.
Increase in oil & gas production in China to boost Asia Pacific biosurfactants market demand
According to market analysis and trends, China sophorolipids biosurfactants for oilfield chemicals manufacturing accounted for 3.4% market share in 2018 and offers lucrative opportunities for the market. Sophorolipids biosurfactants are majorly utilized in oilfield chemicals as the main component to reduce the interfacial tension to 10-3 or 10-4mN / m,The CMC of 40-100mg / L, far below the general chemical surfactants. Sophorolipids can be used at 120 ? under high temperature and high salinity conditions, the surface activity is not affected. In addition, sophorolipids are 100% biodegradable and do not contaminate petroleum and reservoirs which will drive Asia Pacific biosurfactants product demand in the region.
Rising demand for product in various other applications including agriculture chemicals, food processing and Bioremediation in China and India will foster Asia Pacific biosurfactants demand.
Asia Pacific biosurfactants market is highly competitive and moderately fragmented with market players including Evonik Industries AG, BASF Cognis, Henkel Corporation, Ecover, AkzoNobel and Kao Corporation. Market players in Asia Pacific biosurfactants industry are adopting strategies such as collaborations and acquisitions, and product launch.