Silica Flour Market Regional Developments, Competitive Landscape Analysis and Future Outlook

 As per a published report the global silica flour market size is projected to reach USD 502.6 million by 2027 owing to the increasing utilization of the material in the production of ceramic, states Fortune Business Insights™ in its report, titled “Silica Flour Market, 2020-2027”. As per the report, the value of the market stood at USD 397.5 million in 2019 and is projected to register a CAGR of 3.5% from 2020 to 2027.

COVID-19 Impact

COVID-19 has put a halt on most of the operations around the globe in the first quarter of the global pandemic. As a result of which, the mining processes at all levels were affected. The complete shutdown of the mines has disrupted the supply of the raw materials required for silica flour, thereby restraining its growth during the forecast period.

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U.S. Silica Acquires Former Ceramic Proppant Facility

In July 2019, U.S. Silica announced the acquisition of a former ceramic proppant facility in Georgia, the U.S. With the help of the new facility, the company will be able to lower its production cost and improve its supply chain. This will also help the company move down in the value chain. In addition, the launch of this facility is anticipated to aid the company to accelerate product development and facilitate product customization as requested by the clientele, thereby boosting the silica flour market growth.

Paints and Coatings Segment to Register Highest Growth

Based on application, the market is segmented into paints & coatings, polymers, glass, and ceramics (sanitary ware, tiles, and others). The paints and coatings segment is expected to register the highest growth owing to the properties offered by silica, such as reflectance, brightness, and color consistency, that are ideal for producing paint. On the other hand, the ceramic segment held a share of 5.3% in 2019. In terms of the region, the market has been clubbed into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

Increasing Disposable Income from the Developing Part of Asia Pacific to Strengthen Demand

The Asia Pacific silica flour market is projected to witness significant growth during the forecast period. The market secured a total value of USD 157.1 million in 2019. The increasing disposable income of the population in major countries of the region is estimated to accelerate the demand for silica flour in the region.

North America is projected to hold a considerable silica flour market share in the upcoming future. The key factor boosting the market growth of silica flour in the region is the rapid expansion observed in industries, such as paints & coatings and oil & gas.

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Innovation and Research to Aid Key Players offer more Efficient Products

Prominent manufacturers operating in the global market are focusing on innovation and research in order to offer a wide variety of products to their customers. This will help them expand their portfolio and expand their customer base. For instance, U.S. Silica has developed core proficiencies in operations, such as mining, processing logistics, and materials science, enabling the company to offer over 400 products worldwide.

Industry Development:

• July 2020: AGSCO Corporation declared the expansion of its Illinois, U.S. based warehousing capacity in order to improve its current turnaround capabilities and keeping highly demanded materials in stock. The expansion is projected to support the company to better supply industrial minerals, abrasives, and aggregates to its customer base.

 

List of Key Players Profiled in this Market Report:

• U.S. Silica Holdings, Inc. (U.S.)
• Sibelco (Belgium)
• AGSCO Corporation (U.S.)
• Fineton Industrial Minerals Limited (Hong Kong)
• Sil Industrial Minerals (Canada)
• Hoben International Ltd. (UK)
• Adwan Chemical Industries Co. Ltd. (Saudi Arabia)
• Capital Sand Company (U.S.)
• Finore Minerals LLP (India)
• Euroquarz GmbH (Germany)
• Al Salam Al Ma’asi Co. (Saudi Arabia)
• Delmon Group (Saudi Arabia)
• Other Key Players

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North America and Europe Bioplastics Market Size, Analysis, Share, Research, Business Growth and Forecast to 2028

 The North America and Europe bioplastics market size is projected to reach USD 11,321.8 million by 2028. The implementation of strict government norms in these regions to reduce the use of plastics has compelled producers to shift rapidly towards the development of bio-based plastics for numerous applications. In September 2020, for instance, NatureWorks announced its plan to enhance the efficiency of lactide monomer purification in Blair, Nebraska. It will help the company to surge the production of Ingeo™ (PLA) biomaterials portfolio by 10%. This information is given by Fortune Business Insights™ in a new study, titled, “North America and Europe Bioplastics Market, 2021-2028.” As per the study, the market stood at USD 5,178.9 million in 2020 and is expected to show a CAGR of 10.6% during the forecast period between 2021-2028.

COVID-19 Pandemic: Reduction in Manufacturing and Lack of Manpower to Obstruct Growth

The COVID-19 pandemic has impacted the transportation and production of bioplastics in North America and Europe owing to supply chain disruptions. The unavailability of material and lack of manpower have also enforced manufacturers to reduce manufacturing activities. These factors are expected to hamper the North America and Europe bioplastics industry. Our research reports will provide a clear picture of the current market scenario.

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Segmentation-

Rigid Packaging Segment Generated Share of 17.5% in 2020: Fortune Business Insights™

Based on the type, this industry is bifurcated into biodegradable and non-biodegradable. By applications, it is divided into rigid packaging, flexible packaging, and others. Out of these, the rigid packaging segment held 17.5% in terms of the North America and Europe bioplastics market share in 2020. This growth is attributable to the rising demand for sturdy and sustainable packaging products from shipping companies.

Report Coverage-

The research report includes an authentic analysis of multiple countries. It was curated by our analysts after studying various factors that determine regional growth, such as political, technological, social, economic, and environmental status. The competitive landscape section was specially created to help our clients better understand the acquisition and partnership strategies that organizations are focusing on to compete with their rivals.

Drivers & Restraints-

Increasing Demand from Electronics and Automotive Component Industries to Aid Growth

Bioplastics are extensively used in the packaging industry because of their ability to provide similar properties to conventional plastics. Also, the high demand from a wide range of industries, such as consumer goods, foods, electronics, and automotive components would propel the North America and Europe bioplastics market growth in the forthcoming years. However, separate disposable streams are required to eliminate bioplastics from the environment smoothly. Lack of these may hinder this industry.

Regional Insights-

Expansion of Automotive Industry to Help Europe Dominate in Upcoming Years

Geographically, Europe stood at USD 3,460.8 million in 2020 in terms of revenue. It is expected to remain at the forefront because of the expansion of the automotive industry. Coupled with this, the surging usage of bio-based packaging products and investments in R&D activities would accelerate growth. In North America, Mexico, Canada, and the U.S. are anticipated to majorly contribute to growth backed by the high demand for food and retail packaging.

 Competitive Landscape-

Key Players Focus on Capacity Expansions to Strengthen Their Positions in Market

The North America and Europe bioplastics industry contains numerous companies that are presently focusing on broadening their production capacities to cater to the high demand from customers. Below is one of the latest industry developments:

• September 2020: Total Corbion PLA announced its plan to construct its second PLA plant by expanding the capacity to 100,000 tons per annum. It would strengthen the position of the company by making it the global market leader. It will be able to fulfil the high demand for Luminy® PLA resins. The new plant will be developed in France and is expected to operate by 2024.

A list of reputed manufacturers in the market for North America and Europe bioplastics:

• Novamont S.p.A. (Italy)
• Arkema S.A. (France)
• Matrìca S.p.A. (Italy)
• Solvay S.A. (Belgium)
• NatureWorks LLC (U.S.)
• Total Corbion PLA bv (Netherlands)
• Toray Industries, Inc. (Japan)
• LyondellBasell Industries Holdings B.V. (Netherlands)
• BASF SE (Germany)
• Braskem (Brazil)

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US Construction Chemicals Market Demand, Recent Trends, Size and Share Estimation by 2026

 The global construction chemicals market size is projected to reach USD 70.91 billion by the end of 2026. The need for improved infrastructure will open up a huge potential for the growth of the market. According to a report by Fortune Business Insights, the market was worth USD 42.32 billion in 22018 and will exhibit a CAGR of 6.7% during the forecast period, 2019-2026.

Construction chemicals are used as additives in cement and other construction material. They are widely used for improving the performance of several products, with a bid to establishing durable and structures and interiors. The high investment in the research and development of newer products will have a positive impact on the growth of the market in the coming years.  Besides durability, this product provides strength to the substance in which they are used. The presence of several large scale companies will have a huge impact on the growth of the market in the foreseeable future. The properties of construction chemicals such have allowed applications across diverse construction sectors, subsequently contributing to the growth of the market.

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Variations in Product Offerings Will Aid Growth of the Market

The report encompasses several factors that have contributed to the growth of the market in recent years. Among all factors, the variations in product offerings will have a huge impact on the growth of the market. Several large scale companies are looking to offer newer variations in these products with a bid to establishing a stronghold in the market. The In December 2018, Fosroc announced the launch of a green roof waterproofing grade of Polyurea. The product will offer improved resistance and water permeability, accounting to which it will witness huge demand in the coming years. Fosroc’s latest product will not only have a positive impact on the growth of the company, but will influence the growth of the market on a global scale.

Asia Pacific to Emerge Dominant; Increasing Investment in Product R&D by major Companies to Aid Growth

The report analyzes the ongoing construction chemicals market trends across North America, Latin America, Asia Pacific, the Middle East and Africa, and Europe. Among these regions, Asia Pacific currently dominates the market. The availability of raw materials has attracted start-ups as well as encouraged established companies. Besides Asia Pacific, the market in North America will witness considerable growth in the coming years. As of 2018, the market in North America was worth USD 9.8 billion and this value is projected to increase further in the coming years.

Industry Developments:

September 2019: BASF unveiled a new production plant in the Philippines for supply of construction chemicals in local market.

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Industrial Coatings Market Past Research, Deep Analysis and Present Data with Key Players

The global industrial coatings market is set to impetus from the increasing focus of manufacturers towards developing greener processes. These processes would help in creating fewer emissions and wastes, as well as use lesser energy. This information is given by Fortune Business Insights™ in a new report, titled, “Industrial Coatings Market Size, Share & Industry Analysis, By Resin (Acrylic, Alkyd, Polyurethane, Epoxy, Polyester, and Others), By Technology (Solvent-borne, Water-borne, Powder, and Others), By End-use (General Industrial, Powder, Automotive OEM, Automotive Refinish, Protective, Wood, Marine, Coil, Packaging, and Others), and Geography Forecast, 2020-2027.” The report further states that the industrial coatings market size was USD 86.81 billion in 2019 and is projected to reach USD 119.54 billion by 2027, exhibiting a CAGR of 4.4% during the forecast period.

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Drivers & Restraints-

Rising Environmental Concerns to Bolster Growth

The manufacturing process of industrial coatings releases volatile organic compounds (VOCs)that must be eliminated effectively. These organic chemicals turn to gases once they are kept at room temperature. VOCs are the main cause of ground-level air pollution. Hence, nowadays several manufacturers are rapidly inclining towards powder-based or water-borne coatings to maintain sustainability. This factor is set to propel the industrial coatings market growth in the coming years. However, these coatings are prone to drying quickly, which, in turn, may hamper growth.

Segment-

Acrylic Segment to Hold Major Share Backed by High Demand from Biomedicine Industry

Based on resin, the acrylic segment held the major industrial coatings market share in 2019. This growth is attributable to the increasing demand for ceramic from the biomedicine industry. Binders or resins are capable of holding every component of coatings together. The alky segment would showcase considerable growth in the near future because of its cost-effective and versatile nature.

A list of all the industrial coatings manufacturers operating in the global market:

• Akzo Nobel N.V. (Netherlands)
• Axalta Coating Systems, LLC (U.S.)
• Industrial Coatings Ltd. (Finland)
• PPG Industries, Inc. (U.S.)
• The Sherwin-Williams Company (U.S.)
• Nippon Paint Holdings Co., Ltd. (Japan)
• Kansai Paint Co., Ltd. (Japan)
• RPM International Inc. (U.S.)
• BASF SE (Germany)
• PPG Asian Paints Pvt Ltd (India)
• Hempel A/S (Denmark)
• The Chemours Company FC, LLC. (the U.S.)
• Jotun A/S (Norway)
• Other Key Players

Regional Analysis-

The Asia Pacific to Remain at the Forefront Fueled by Rising Production of Automotive

Geographically, Asia Pacific procured USD 36.5 billion in terms of revenue in 2019. The region is set to retain its dominant position in the market throughout the forthcoming years. This growth is attributable to increasing consumer spending and rising automotive production. Additionally, the rising government subsidies, interest rates, general industrial production, and construction activities in this region would spur demand.

Europe, on the other hand, is expected to show significant growth stoked by the ongoing developments in the oil & gas sector. At the same time, the rising usage of powder coatings owing to the rapid technological advancements in this sector would drive growth.

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Competitive Landscape-

Key Players Focus on Launching Novel Industrial Coatings to Strengthen Their Positions

The market for industrial coatings is highly fragmented in nature backed by the presence of multiple prominent domestic and international companies. Most of them are focusing on launching state-of-the-art products to cater to the high demand from various end-use industries. Below are the two latest industry developments:

• August 2020: Sherwin-Williams Protective & Marine unveiled its latest rapid curing technology for lowering labor costs and application time for structural steel protection.
• July 2020: Nippon Paint India launched an innovative line of industrial paints under its Protect brand. This would help the company to expand its footprint in the industrial coatings segment.

This Report Answers the Following Questions:

• How will the organizations surge sales of industrial coatings amid COVID-19?
• Which region and the segment would lead the market in the near future?
• What are the market drivers, hindrances, challenges, and opportunities?
• What are the historical, estimated, and current sizes of the global market? 

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Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

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US Polymer Modified Bitumen Market Analysis, SIze, Share, Growth till 2028

 US Polymer Modified Bitumen Market Report provides an in-depth analysis of emerging trends, market drivers, development opportunities, and market constraints that may have an impact on the market dynamics of the industry. Each player highlighted in the research study contains Company Basic Information, Manufacturing Base, Sales Area, and its Competitors, an in-depth business overview, geographic footprint, and contact information. The report contains a comprehensive market and vendor landscape in addition to SWOT Analysis.

Key players in the global US Polymer Modified Bitumen market are profiled with detailed insights into company profile, product portfolio, geographical presence, statistical analysis, key developments, and growth strategies. Furthermore, the global US Polymer Modified Bitumen Market report provides a comprehensive analysis of the COVID-19 pandemic and how it has affected the market in the discussion. The study lays out how the pandemic affected the dynamics of the market and what are the future opportunities for market players.

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The global US Polymer Modified Bitumen market size was USD 11.35 billion in 2020.s The market is estimated to grow from USD 11.77 billion in 2021 to USD 16.26 billion in 2028 at a CAGR of 4.7% during the 2021-2028 period. According to our research experts, the market is projected to perceive widespread growth owing to the rising demand from the construction sector. Moreover, market growth is determined by factors such as strengthening bitumen with polymers augment properties such as cohesiveness, forte, resistance to distortion as well as fatigue. This vital piece of information is published by Fortune Business Insights™, in its report, titled, “US Polymer Modified Bitumen Market, 2021-2028.”

This research contains in-depth information on emerging trends, market drivers, development opportunities, and market restraints that have the potential to affect the dynamics of the US Polymer Modified Bitumen market. The study assesses the market size of the global US Polymer Modified Bitumen industry and examines the key international players’ approach trends. The research also assesses the market’s size in terms of revenue during the predicted period. All data numbers, such as percentage share splits and breakdowns, are derived from secondary sources and double-checked with primary sources. To examine the industry’s primary influencing variables and entry obstacles, the report conducted Porter’s five forces analysis, SWOT analysis, regulatory landscape, and prominent buyers.

Key Players in the US Polymer Modified Bitumen Market Report:

Key companies are Total Oil India Pvt. Ltd. (Mumbai, India), Gazprom NEFT (Moscow, Russia), Sika AG (Baar, Switzerland), Royal Dutch Shell PLC (The Hauge, Netherlands), Benzene International Pte Ltd (Singapore), Lagan Asphalt Group (Dublin, Ireland), Exxon Mobil (Texas, U.S.)

The following are some of the US Polymer Modified Bitumen Market Reports' Most Important Features:

1. Detailed market study of the US Polymer Modified Bitumen market
2. Changing industry competitive landscape
3. Detailed competitive categorization
4. Historical, current, and forecast market size in quantity and value
5. Recent industry trends and developments
6. The US Polymer Modified Bitumen Market’s Competitive Landscape Key Players’ Strategies and Product Portfolio
7. Segments/Regions Showing Promising Growth a Neutral Perspective on the US Polymer Modified Bitumen Market Performance

US Polymer Modified Bitumen Market Segmentation

Next, the research report reveals the development of the US Polymer Modified Bitumen market segments. Analysts have segmented the market on the basis of product/service type, application, end-users, and geography. Analysts have evaluated the changing nature of the market segments, growing investments in manufacturing activities, and product innovations that are likely to impact them. In terms of geography, the report studies the changing political environment, social upliftment, and other government initiatives that are expected to contribute to the regional markets.

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Regional Segmentation of the US Polymer Modified Bitumen Market:

The US Polymer Modified Bitumen research examines the market size, sales, segmentation, and a complete examination of geographies, with a focus on the industry’s top suppliers. Similarly, the US Polymer Modified Bitumen study employs a cutting-edge research technique to provide data on market trends in a number of key sectors of the industry. The US Polymer Modified Bitumen research study also examines the market size and volume at the global and local levels. Following is the Regional Segmentation:

» North America
» Europe
» China
» Asia-Pacific
» Japan

The report studies the US Polymer Modified Bitumen Market by assessing the market chain, current policies, and regulations, as well as manufacturers, their manufacturing chain, cost structures, and contribution to the industry. The regional market for the US Polymer Modified Bitumen Market is examined by analyzing the price of the products in the region in relation to the profit generated.

Scope of the Report:

An in-depth analysis of statistics on current and emerging trends provides clarity regarding US Polymer Modified Bitumen industry dynamics. The report includes Porter’s five forces to analyze the importance of various characteristics such as understanding of suppliers and customers, risks posed by various agents, competitive strength, and promising emerging businessmen to understand a resource. precious. Further, the report covers the US Polymer Modified Bitumen research data of various companies, benefits, gross margin, global market strategic decisions, and more through tables, graphs, and figures. infographics.

Report Conclusion:

The report focuses on a thorough and comprehensive examination of the US Polymer Modified Bitumen industry, covering business patterns such as opportunities and innovations that are predicted to take advantage of the current market environment and strategic status. This market study report analyses the findings of in-house expert interviews, extensive secondary examinations, and primary interviews.

Table of Content – Analysis of Key Points:

Chapter 1. Executive Summary
Chapter 2. Global Market Definition and Scope
Chapter 3. Global Market Dynamics
Chapter 4. Global US Polymer Modified Bitumen Market Industry Analysis
Chapter 5. US Polymer Modified Bitumen Global Market, by Type
Chapter 6. US Polymer Modified Bitumen Global Market, by Application
Chapter 7. US Polymer Modified Bitumen Global Market, Regional Analysis
Chapter 8. Competitive Intelligence
Chapter 9. Key Companies Analysis
Chapter 10. Research Process

Continued…

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Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

Contact Us:

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US Protective Face Mask Market Insight with Future Aspect Analysis by 2029 | Protective Face Mask Industry Global Trends

 As Per Report Published By Fortune Business Insights™  the global  protective face mask market size   is projected to reach USD 3,590.40 million by 2027, exhibiting a CAGR of 7.1% during the forecast period. Surging demand for face protection masks to contain the spread of the COVID-19 infection will considerably augment the growth of this market, states Fortune Business Insights™ According to the World Health Organization (WHO), approximately 89 million medical masks will be required on a monthly basis to meet the skyrocketing demand for protective medical equipment worldwide.

This dire situation has gotten even more accentuated with countries reporting massive shortages of protective face masks. For example, Canada revealed in January 2020 that the country was running out of the 55 million N95 masks it had stockpiled during the SARS contagion of 2003. Italy, Europe’s worst-hit country by the coronavirus, has been received 800,000 masks from South Africa in March, but reported that it needed at least 10 million more. Widening gap between supply and demand of face masks has prompted companies to enhance their production capacities, which is opening unique expansion avenues for the market and fueling its growth.

As per the report findings, the global market value stood at USD 1,222.37 million in 2019. The report also provides the following:

• Precise projections of upcoming market opportunities;
• In-depth examination of the key market drivers, trends, and restraints;
• Comprehensive study of the individual market segments; and
• Valuable insights into the regional dynamics and competitive landscape of the market.

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List of Key Players Covered in this Market Report:

• Eclipse Automation Inc. (U.S.)
• Alpha Pro Tech (Canada)
• Honeywell International Inc. (U.S.)
• 3M (U.S)
• ANSELL LTD (Australia)
• Cardinal Health (U.S.)
• Moldex-Metric (Germany)
• Kimberly-Clark Worldwide, Inc. (U.S.)
• DuPont (U.S.)
• Medicom (Canada)

Market Driver

Growing Intensity of Air Pollution Worldwide to Boost the Market

One of the central factors driving the protective face mask market growth is the intensification of air pollution and its effects on human health across globe. Recent data from the WHO reveals that 90% of people breathe polluted air, with ambient and household air pollution resulting in 7 million deaths worldwide every year. The main culprit is PM2.5 (particulate matter of less than 2.5 micro-meters), according to a report published by the World Bank, which penetrates the lungs and cardiovascular system, leading to life-threatening conditions such as stroke, lung cancer, respiratory infections, and heart disease. Protective face masks are effective in filtering these pollutants and preventing inhalation of deadly air contaminants. These masks are extensively used in urban areas, especially in developing countries, where energy consumption is high and pollution levels have reached inordinate levels.

Major Regional Insights

North America to Lead the Pack Supported by Advancements in Protective Equipment

With a market size of USD 471.10 million in 2019, North America is set to dominate the protective face mask market share during the forecast period. The prime factor driving this market in the region is the availability of advanced protective equipment for medical personnel. In addition to this, the number of COVID-19 cases has risen astronomically in the US, which has surged the demand for these protective masks in the region.

In Asia Pacific, high production capacities of manufacturers in India and China are augmenting the market growth as these countries are two of the leading suppliers of hospital equipment worldwide. In Europe, uncontrolled spread of the coronavirus is propelling the demand for face masks by civilians as well as frontline healthcare workers.

Competitive Landscape

Convergence of Novel Protection Technologies to Enhance Market Competition

The competitive landscape of this market is currently characterized by companies attempting to meet the exponential demand for protective face masks. Many leading players are fusing their patented technologies with those of their competitors to develop effective masks for frontline health personnel.

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US Biosurfactants Market SWOT Analysis and Development Plans in Forthcoming years by 2029 | Increasing Environmental Concerns & Rising Crude Oil Recovery Activities to Augment Growth

 The biosurfactants market size was USD 3.96 billion in 2021. The market is projected to grow from USD 4.18 billion in 2022 to USD 6.04 billion in 2029 at a CAGR of 5.4% during the 2022-2029 period. This information is provided by Fortune Business Insights™, in its report, titled, “Biosurfactants Market, 2022-2029.” Factors, such as rising crude oil recovery activities, will increase the footprint of the market.

List of Key Players Present

• Jeneil (U.S.)
• Evonik Industries (Germany)
• AGAE Technologies (U.S.)
• Glycosurf (U.S.)
• Tensiogreen (U.S.)
• Stepan Company (U.S.)
• Holiferm (U.K.)

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COVID-19 Impact

Lockdowns & Economic Backlashes to Negate Market Value During Forecast

The ongoing pandemic caused a negative impact on the market of biosurfactants as the coronavirus demonstrated various countries to be incapable of dealing with the economic coercion of a global pandemic. Various governments imposed nationwide lockdowns to curb the spread of the virus as global trade routes were halted and reallocated toward setting up extensive healthcare facilities. Disruptions in supply chains and volatility among raw material pricing further degraded the value of the market during the forecast period.

Segments

Based on type

• Lipopeptides
• Glycolipids
• Polymeric
• phospholipids

By application

• industrial and institutional cleaners
• household cleaners
• oil & petroleum
• food processing
• personal care
• agrochemicals

In terms of geography

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

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Report Coverage

The report highlights the crucial factors such as dominant players, products, and raw materials among others. Additionally, the study provides insights into ongoing market trends and future market advancements. Also, the report contains a wide range of factors that are expected to impact the market in a meaningful way.

Drivers & Restraints

Increasing Environmental Concerns & Rising Crude Oil Recovery Activities to Augment Growth

Factors such as rising consumption of surface-active agents in connection with the human population and actions in the form of detergents, toothpaste, and shampoos coupled with rising ecological issues existing in rivers, wastewater treatment facilities, and seas will boost the biosurfactants market growth during the forecast period. Advancements of technology for removing contamination coupled with a widening list of potential applications will increase the footprint of the market. Rising crude oil recovery activities will fuel the growth of the market.

However, hindrances in the production of biosurfactants will limit the growth of the market during the forecast period.

Regional Insights

Europe to Hold Dominance in Market During Forecast Period due to Rising Awareness About the Usage of Green Surfactant Alternatives

Europe dominated the global market in 2021 and occupied the largest biosurfactants market share, owing to the rising usage of industrial biotechnology coupled with increased awareness regarding green surfactants. Additionally, increasing legislation on the consumption of chemicals will increase the penetration of the market in the region.

North America will occupy a significant market share during the forecast period due to rising consumer preferences toward the negative impact of chemical surfactants post decomposition coupled with increased spending on wellbeing and hygiene. Rising demand from the petroleum & oil sector will increase the footprint of the market.

Competitive Landscape

Collaborative Strategies & Heavy R&D Activities to Enable Players to Exert Prominence

The sector of biosurfactants is concentrated with key industries such as Evonik Industries, AGAE Technologies, Jeneil, and Stepan Company dominating the market. These players are focused on adjusting their product prices and are often segmented by the characteristics of their products. For gaining a competitive edge over each other, players are increasing their market share by engaging in various strategies, such as mergers & collaborations, in a bid to promote additional sales. Other players are focused on investing heavily with their R&D departments to develop a higher degree of products.

Key Industry Development

• June 2020: The Stepan Company announced acquiring the NatSurFact business of Logos Technologies LLC, a rhamnolipid that is generated from a wide range of renewables sources.

Detailed Table of Content:

• Introduction
• Research Scope
• Market Segmentation
• Research Methodology
• Definitions and Assumptions
• Executive Summary
• Market Dynamics
• Market Drivers
• Market Restraints
• Market Opportunities
• Emerging Trends
• Key Insights
• Key Emerging Trends – For Major Countries
• Industry SWOT Analysis
• Regulatory Analysis
• Recent Industry Developments - Policies, Partnerships, New Type Launches, and Mergers & Acquisitions
• Qualitative Insights – Impact of COVID-19 on Global Biosurfactants Market
• Supply Chain Challenges
• Steps taken by Government/Companies to overcome this impact
• Potential opportunities due to COVID-19 outbreak

TOC Continued…!

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