Scienza e Tecnologia
Microbial Biosurfactants Market to Grow at 3.9% as Popularity of Dual Action Shampoo Increases
NEW YORK , May 25, 2022 /PRNewswire/ -- The global microbial biosurfactants market size is anticipated to exceed US$ 16.5 Mn in 2022, exhibiting growth at a CAGR of 3.9% during the forecast period (2022 to 2032).
As per the report, sales in the microbial biosurfactants market are expected to reach a valuation of US$ 24.3 Mn in 2032, going up from US$ 16.1 Mn in 2021. Rising demand for cost-effective, yet robust microbial biosurfactants is likely to create opportunities for key players in the market.
Increasing usage of microbial biosurfactants in pharmaceutical, oilfield chemicals, and detergent manufacturing is set to drive the market. The implementation of stringent norms by government bodies to ban the usage of toxic chemicals for reducing environmental pollution will augment demand in the market.
Besides, growing usage of microbial biosurfactants in the agriculture sector to manufacture agricultural chemicals and maintain a better soil quality is expected to spur growth. The ever-increasing population and ongoing urbanization are projected to push the need for more crops worldwide.
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As per the India Brand Equity Foundation (IBEF), food grain production in India reached a record of 296.65 million tons during the 2019-20 crop year. The government of India has already set a target to increase the total production output by 3.9% during FY 2021-22. On account of this, the requirement of microbial biosurfactants for improving soil quality is expected to increase in the forthcoming years.
Apart from that, increasing utilization of microbial biosurfactants, such as rhamnolipids in cosmetics and personal care products is anticipated to propel growth. Rhamnolipids are capable of preventing wrinkles, curing burn marks, and healing skin diseases. Their relatively low cost is making them a preferred option among manufacturers.
The ingredient is also used as a natural emulsifier and surface-active agent in shampoos, laundry products, and soaps. High demand for novel products with dual degree effects, such as dandruff cleaning and hair smoothing shampoos is likely to augur well for the market.
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Leading players operating in the global microbial biosurfactants market are focusing on signing new contracts and collaborating with other companies worldwide to co-develop novel products and distribute them in the market to gain a competitive edge. Meanwhile, some of the other key players are investing huge sums in research and development activities to discover new ingredients for fulfilling the high demand.
For instance,
In the latest study, Fact.MR offers a comprehensive analysis of the global microbial biosurfactants market for the forecast period of 2022 to 2032. The report also provides key factors such as recent developments and growth drivers influencing the sales in microbial biosurfactants market through detailed segmentation as follows:
: Increasing concerns regarding the transmission of various diseases, such as hepatitis and AIDS is likely to propel the usage of disinfectants and antimicrobial chemicals. In addition, rising demand for these chemicals in food and beverage manufacturing companies to maintain safety during food processing is likely to aid growth.
: Ongoing infrastructural development and construction projects in emerging economies is anticipated to augment the demand for antimicrobial protection additives in future. Also, increasing requirement of these additives in the automotive industry is likely to bode well for the global market.
: As per Fact.MR, the global antimicrobial polyamide textile market is expected to showcase growth at a CAGR of 6.5% from 2021 to 2031. Urgent need to prevent Hospital Acquired Infections (HAIs) to save lives of patients is a major factor that is anticipated to accelerate the market.
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