Asia Pacific sophorolipids market report gives a comprehensive outlook on sophorolipids market across the countries of Asia Pacific such as China, Japan, India, ASEAN, and Rest of Asia Pacific. The report on Asia Pacific sophorolipids market gives historical, current, and future market sizes (US$ Mn) on the basis of product type, application, and country. This report studies Asia Pacific Sophorolipids market dynamics elaborately to identify the current market trends and drivers, future opportunities and possible challenges to the key stakeholders operating in the market.
In addition, Asia Pacific Sophorolipids market report includes competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed Asia Pacific Sophorolipids market to better equip clients with possible investment opportunities across the Countries (Country Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the Asia Pacific Sophorolipids market report include suppliers, manufacturers, marketers, policy makers, and recent market activities.
Asia Pacific Sophorolipids Market:
The Asia Pacific sophorolipids market estimated to be valued US$ XX Mn in 2018 and poised to grow at significant CAGR over 2019-2025. Market for Asia Pacific Sophorolipids market is projected to reach US$ XX Mn by 2025. Rising application of sophorolipids in manufacturing bio pesticides on account of effectively removing pathogens is expected to have a favorable impact on the market.
Market Strategy Espoused by Key Players Play a Significant Role in the Growth of Sophorolipids Market
Merger & Acquisitions and Product launch are the two major strategies adopted by key players. BASF Cognis and Ecover are the two top surfactant manufacturers who have ventured into Biosurfactant market. Other producers in the market are Urumqui Unite, Saraya, and MG Intobio. Merger of two eco-friendly product manufacturers, viz. Ecover and Method, would increase production of bio-based surfactants
Rising Implications Associated with the Use of Sophorolipids Aids in the Growth of Sophorolipids Market
Rising application of sophorolipids in manufacturing bio pesticides on account of effectively removing pathogens is expected to have a favourable impact on the market. Increasing deployment in pharmaceuticals industry owing to its antiviral and immune regulatory properties is expected to be boost sophorolipids market over the forecast period. Excellent bio surfactant properties have resulted in rising popularity of sophorolipids to manufacture personal care products such as shampoos and deodorants. Sophorolipids possess antifungal properties, which are expected to increasing its application to manufacture anti-dandruff shampoos and bacteriostatic agents. This trend is expected to fuel the demand for sophorolipids over the next seven years.
India and China Accounts for Larger Market Revenue Share in Asia Pacific Sophorolipids market
Asia Pacific is expected to be a major sophorolipids market on account of growing agriculture industry in India and China amid the implementation of advanced agricultural technology. Favorable regulatory policies coupled with low production costs in India and China as compared to Europe and U.S. has resulted in promoting growth of pharmaceuticals industry. As a result, sophorolipids is expected to find the application in manufacturing of antiviral and antimicrobial drugs is expected to have a positive impact on the market. Gaining popularity of organic personal care products in Japan and South Korea in light of new product launches is expected to increase sophorolipids market penetration in the near future.
Key players profiled in the Asia Pacific sophorolipids market include:
· MG Intobio
Majority of key players are implementing various strategies like acquisition, merger, collaborations, and product launch to institute their footprint in the Asia Pacific market. Soliance, Sun Products, Croda, TeeGene and AGAE Technologies are the key industrial players in bio surfactants market. New product development and strong R&D may boost the product portfolio, which in turn foster the industry growth. Most of the manufacturers are focusing to develop novel products to increase bio surfactants demand which in turn may accelerate the product market over the forecast timeframe.
Key Findings of the Report:
Asia Pacific Sophorolipids market expanding at significant CAGR over 2019 to 2025 to reach market value of US$ XX Mn by 2025 owing to increase in demand for biochemical and renewable plastics.
· Based on application detergents accounted for larger market revenue share in 2018 and projected gain market revenue share over the forecast period
· Players focusing on mergers and acquisitions strategies to retain market position in Asia Pacific Sophorlipids market
Key Features of the Report:
· The report provides granular level information about the market size, country market share, historic market (2014-2018) and forecast (2019-2025)
· The report covers in-detail insights about the competitor’s overview, key market developments, and their key strategies
· The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
· The report tracks recent innovations, key developments and startup’s details that are actively working in the market
· The report provides plethora of information about market entry strategies, regulatory framework
· The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
By Application Type
o Household detergents
o Industrial & Institutional cleaners
o Personal care
o Oilfield chemicals
o Agricultural chemicals
o Food processing
o Others (Bioremediation, medical and pharmaceutical)
· Rest of Asia Pacific