With 5.4% CAGR, Biosurfactants Market Size Worth USD 6.04 Billion by 2029 | Fortune Business Insights™
Fortune Business Insights
Fortune Business Insights

According to Fortune Business Insights, the global biosurfactants market Size is projected to reach USD 6.04 billion in 2029, at CAGR of 5.4% during forecast period 2022-2029 | Increasing Environmental Concerns & Rising Crude Oil Recovery Activities to Augment Growth

Pune, India, July 20, 2022 (GLOBE NEWSWIRE) -- The global 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 Profiled in this report are;

  • 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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https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/biosurfactants-market-102761


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.

Report Scope & Segmentation

Report Attribute

Details

Market size value in 2021

USD 3.96 Billion

Revenue forecast in 2029

USD 6.04 Billion

Growth Rate

CAGR of almost 5.4% 2022-2029

Base Year

2021

Historic Years

2018 - 2020

Forecast Years

2022- 2029

Segments Covered

By Type, By Application

Forecast Units

Value (USD Billion), and Volume (Units)

Quantitative Units

Revenue in USD million/billion and CAGR from 2022 to 2029

Regions Covered

North America, Europe, Asia Pacific, South America, and Middle East & Africa, and Rest of World

Countries Covered

Unites States, Canada, Mexico, Unites Kingdom, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others

Number of Companies Covered

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

Report Coverage

Market growth drivers, restraints, opportunities, Porter's five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.

Customization Scope

Avail customized purchase options to meet your exact research needs.


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