
Published On: Jan 2024
Published On: Jan 2024
At 5.1% CAGR, the Middle East & Africa Biosurfactants Market is Projected to be Worth US$ 148.63 million by 2030, says The Business Market Insights
According to the Business Market Insights’ research, the Middle East & Africa biosurfactants market was valued at US$ 100.03 million in 2022 and is expected to reach US$ 148.63 million by 2030, registering a CAGR of 5.1% from 2022 to 2030. Advantages associated with usage of biosurfactants and growing demand from detergents & cleaning products industry are the critical factors attributed to the Middle East & Africa biosurfactants market expansion.
Biosurfactants offer several advantages over chemical surfactants, such as high biodegradability, diversity of biological properties, and renewable characteristics being synthesized as a mixture of different molecules. Biosurfactants have various properties, including antimicrobial and antioxidant activity, that allow their application in different industries, such as detergents and personal care. They are also highly efficient in reducing surface and interfacial tensions. Further, biosurfactants are highly used in applications across many industries, such as bioremediation, cosmetics, agriculture, food processing, and pharmaceuticals owing to their efficient surface and biological capabilities. Biosurfactants effectively lower surface tension, exhibit low toxicity, have a strong wetting ability, and promote the biodegradation of poorly soluble substrates. Therefore, rising awareness regarding the advantages associated with the usage of biosurfactants is propelling their use in different application sectors such as personal care & cosmetics, household detergent, industrial cleaners, agriculture, food processing, and leather processing, thereby driving the Middle East & Africa biosurfactants market growth.
On the contrary, high cost of biosurfactants production hurdles the growth of Middle East & Africa biosurfactants market.
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 held 33.2% share of Middle East & Africa biosurfactants market in 2022, amassing US$ 33.25 million. It is projected to garner US$ 49.10 million by 2030 to expand at 5.0% CAGR during 2022–2030.
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 40.8% share of Middle East & Africa biosurfactants market in 2022, amassing US$ 40.80 million. It is projected to garner US$ 61.40 million by 2030 to expand at 5.2% CAGR during 2022–2030.
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. Our regional analysis states that the Rest of Middle East & Africa captured 49.1% share of Middle East & Africa biosurfactants market in 2022. It was assessed at US$ 49.15 million in 2022 and is likely to hit US$ 68.52 million by 2030, exhibiting a CAGR of 4.2% during the 2022–2030.
Key players operating in the Middle East & Africa biosurfactants market are Allied Carbon Solutions Co Ltd, Saraya Co Ltd, Evonik Industries AG, BASF SE, Sabo SPA, Stepan Co, Deguan Biosurfactant Supplier, and Dow Inc, among others.
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