Market Size of Asia-Pacific Bio-Surfactants Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 496.10 Million |
Market Size (2029) | USD 670.06 Million |
CAGR (2024 - 2029) | 6.20 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Asia-Pacific Bio-Surfactants Market Analysis
The Asia-Pacific Bio-Surfactants Market size is estimated at USD 496.10 million in 2024, and is expected to reach USD 670.06 million by 2029, growing at a CAGR of 6.20% during the forecast period (2024-2029).
The market was negatively impacted by the COVID-19 outbreak in 2020. However, the pandemic has further heightened consumers’ awareness of sustainability and health thus creating demand for innovative environment-friendly products and enhancing biosurfactants' market growth.
The increasing demand for cosmetics and personal care products, and the rising usage of bio-products are the major factors driving the growth of the market studied.
However, the higher production cost of bio-surfactants stands as a restraint for the growth of the studied market.
Growing innovation in the production methods of biosurfactants will optimize the overall cost of their products which is further expected to stage lucrative growth opportunities for the growth of the market studied.
China represents the largest market over the forecast period due to the rising demand from various industries, such as personal care, pharmaceuticals, agriculture, etc. in the region.
Asia-Pacific Bio-Surfactants Industry Segmentation
Biosurfactants can be defined as surface-active biomolecules produced by microorganisms with a wide range of applications. Due to their unique properties like specificity, low toxicity, and relative ease of preparation, these surface-active biomolecules have attracted wide interest.
The biosurfactants market is segmented by product type, application, and geography. By product type, the market is segmented into glycolipids (rhamnolipids, trehalolipids, and sophorolipids), phospholipids, surfactin, lichenysin, polymeric, and other product types. By application, the market is segmented into detergents and industrial cleaners, cosmetics (personal care), food processing, oilfield chemicals, agricultural chemicals, textiles, and other applications. The report also covers the market size and forecasts for the biosurfactants market in 5 countries across the Asia-Pacific region. For each segment, the market sizing and forecasts have been done based on value (USD).
Product Type | |
Glycolipid (Rhamnolipids, Trehalolipids, and Sophorolipids) | |
Phospholipids | |
Surfactin | |
Lichenysin | |
Polymeric | |
Other Product Types |
Application | |
Detergents and Industrial Cleaners | |
Cosmetics (Personal Care) | |
Food Processing | |
Oilfield Chemicals | |
Agricultural Chemicals | |
Textiles | |
Other Applications |
Geography | |
China | |
India | |
Japan | |
South Korea | |
ASEAN Countries | |
Rest of Asia-Pacific |
Asia-Pacific Bio-Surfactants Market Size Summary
The Asia-Pacific bio-surfactants market is poised for significant growth, driven by increasing consumer awareness of sustainability and health, which has heightened demand for eco-friendly products. The market is experiencing a surge in demand from sectors such as cosmetics, personal care, and agriculture, where bio-surfactants are being recognized for their less toxic and environmentally friendly properties. Despite the higher production costs of bio-surfactants posing a challenge, innovations in production methods are expected to optimize costs and create lucrative growth opportunities. China stands out as the largest market in the region, fueled by rising demand across various industries, including personal care, pharmaceuticals, and agriculture.
The market is characterized by a consolidated structure, with major players like BASF SE, Henkel AG & Co. KGaA, Evonik Industries AG, Clariant, and Croda International Plc holding significant market shares. These companies are actively expanding their portfolios to include sustainable and bio-based products, further strengthening their presence in the Asia-Pacific region. The demand for bio-surfactants is also bolstered by the region's robust export activities, particularly in China, which exports a substantial volume of soap and organic surface-active products. The ongoing trends in the Asia-Pacific bio-surfactants market indicate a promising outlook, with continued growth anticipated over the forecast period.
Asia-Pacific Bio-Surfactants Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Increasing Demand for Cosmetics and Personal Care Products
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1.1.2 Rising Usage of Bio-Products
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1.1.3 Other Drivers
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1.2 Restraints
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1.2.1 Higher Production Cost of Bio-Surfactants
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1.2.2 Other Restraints
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1.3 Industry Value Chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION (Market Size in Value)
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2.1 Product Type
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2.1.1 Glycolipid (Rhamnolipids, Trehalolipids, and Sophorolipids)
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2.1.2 Phospholipids
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2.1.3 Surfactin
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2.1.4 Lichenysin
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2.1.5 Polymeric
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2.1.6 Other Product Types
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2.2 Application
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2.2.1 Detergents and Industrial Cleaners
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2.2.2 Cosmetics (Personal Care)
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2.2.3 Food Processing
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2.2.4 Oilfield Chemicals
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2.2.5 Agricultural Chemicals
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2.2.6 Textiles
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2.2.7 Other Applications
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2.3 Geography
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2.3.1 China
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2.3.2 India
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2.3.3 Japan
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2.3.4 South Korea
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2.3.5 ASEAN Countries
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2.3.6 Rest of Asia-Pacific
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Asia-Pacific Bio-Surfactants Market Size FAQs
How big is the Asia-Pacific Bio-Surfactants Market?
The Asia-Pacific Bio-Surfactants Market size is expected to reach USD 496.10 million in 2024 and grow at a CAGR of 6.20% to reach USD 670.06 million by 2029.
What is the current Asia-Pacific Bio-Surfactants Market size?
In 2024, the Asia-Pacific Bio-Surfactants Market size is expected to reach USD 496.10 million.