PUBLISHER: The Insight Partners | PRODUCT CODE: 1452567
PUBLISHER: The Insight Partners | PRODUCT CODE: 1452567
The Middle East & Africa biosurfactants market is expected to grow from US$ 100.03 million in 2022 to US$ 148.63 million by 2030. It is estimated to grow at a CAGR of 5.1% from 2022 to 2030.
Rising Focus on Developing Bio-Based Products Fuels Middle East & Africa Biosurfactants Market
Environmental sustainability has become an important developmental goal in recent years. Efforts are now being driven toward a biomass-based economy, as compared to the fossil fuel-based economy. Various economies focus on fulfilling sustainability goals by developing and using bio-based products partially or fully derived from renewable biological sources. The surfactants industry is focusing on making surfactants from bio-based sources. Various surfactants used in different industries are derived from petroleum sources and are resistant to biodegradation. In addition, toxic pollutants are generated during their synthesis, which are persistent and represent a significant environmental hazard. Therefore, the interest in green and sustainable biosurfactants is growing to overcome these limitations. Biosurfactants are produced by diverse microbes using various substrates from renewable sources such as industrial and agricultural waste materials. Biosurfactants are an alternative to chemically synthesized surfactants due to their diversified structures and biocompatibility properties. Biosurfactants are used in various industries due to their low toxicity and high biodegradability. Further, due to rising environmental concerns, various industries are using biosurfactants to develop bio-based products and contribute to the environment. Thus, the rising focus on developing bio-based products is projected to boost the Middle East & Africa biosurfactants market growth over the coming years.
Middle East & Africa Biosurfactants Market Overview
Middle East & Africa biosurfactants market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The biosurfactants market in the Middle East & Africa is growing due to the increasing use of biosurfactants in various industries and the advantages associated with using biosurfactants. The demand for different personal care and cosmetics products is also growing due to increasing consumer spending and the strong growth of e-commerce platforms. Moreover, the demand for biobased cosmetics and personal care products is also gradually rising in the region. All these factors are driving the demand for biosurfactants. Further, people in the region demand less toxic and highly biodegradable products due to rising concern for the environment, driving the use of biosurfactants in detergent and cleaning products, food processing, and other applications.
Middle East & Africa Biosurfactants Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Biosurfactants Market Segmentation
The Middle East & Africa biosurfactants market is segmented into product type, application, and country.
Based on product type, the Middle East & Africa biosurfactants market is segmented into sphorolipid, rhamnolipid, mannosylerythritol lipids (MELs), alkyl polyglucosides (APGs), surfactin, phospholipids, polymeric and others. The sphorolipid segment registered the largest Middle East & Africa biosurfactants market share in 2022.
Based on application, the Middle East & Africa biosurfactants market is segmented into household detergents, personal care, industrial and institutional cleaners, food processing, oilfield chemicals, leather processing, agriculture, pharmaceuticals, and others. The household detergents segment held the largest market share in 2022.
Based on country, the Middle East & Africa biosurfactants market has been categorized into South Africa, the UAE, Saudi Arabia, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the Middle East & Africa biosurfactants market in 2022.
Allied Carbon Solutions Co Ltd, Saraya Co Ltd, Evonik Industries AG, BASF SE, Sabo SPA, Stepan Co, Deguan Biosurfactant Supplier, and Dow Inc are some of the leading companies operating in the biosurfactants market in the region.