Rhamnolipid Market was valued at US $ XX Mn and expected to grow at XX% Compound Annual Growth Rate (CAGR) from 2019 to 2025.
Market Outline: Rhamnolipid Market
Bio surfactants, widely known as surface-active agents of biological origin, have carved a niche for themselves in the market due to their unique environment-friendly properties. Over the years rhamnolipids are becoming broadly pertinent in various industries and are posing a serious threat to the synthetic surfactants. Some of the major application of rhamnolipids are bioremediation and enhanced oil recovery, pharmaceuticals and therapeutics, cosmetics, detergents and cleaners and agriculture. Rhamnolipids are well-characterized and scientiﬁcally proven bio surfactants which are slowly and steadily becoming highly sought after biomolecules. Among other bio surfactants rhamnolipids have the highest number of patents and research publications.
Market Dynamics: Global Pain Management Devices Market
Growing application of rhamnolipids in enhanced oil recovery (EOR) due to their excellent emulsification properties is expected to positively impact the rhamnolipid market in the near future. Moreover, increasing application of rhamnolipids in personal care products due to their good foaming and wetting tendencies is anticipated to drive the industry growth. Rising trend of functional foods, increasing acceptance of specialty detergents, and growth of the pharmaceuticals industry are some of the key factors driving the global rhamnolipids market. However, challenges such as increasing buyer bargaining power, emphasis on high-quality products at low costs are forcing significant changes in the Rhamnolipids’ supply chain which is declining the growth of rhamnolipid market.
Market Scope: Rhamnolipid Market
Rhamnolipid market is segmented based on product type, application, and end user
Based on product type, market is segmented into the following:
- Rhamnolipids R1
- Rhamnolipids R2
- Rhamnolipids R3
- Rhamnolipids R4
Based on the end use/ application market is segmented into the following:
Regional Analysis: Rhamnolipid Market
Geographically, rhamnolipid market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America & Europe Rhamnolipid Market accounted for a major share of the global rhamnolipids market. Progressive and advanced healthcare industry in these regions has been responsible for the large-scale usage of rhamnolipids in pharmaceuticals. Increasing importance of environmental sustainability in Europe has resulted in the implementation of stringent regulatory norms against the application of synthetic products. Furthermore, wide consumer acceptance of household products and functional food additives in these countries is expected to drive the demand for rhamnolipids in North America and Europe within the forecast period. Asia Pacific pain management rhamnolipid Market is anticipated to be the fastest growing regions during the forecast period. This can be ascribed to rising awareness regarding health and well-being among individuals coupled with increasing purchasing power and changing retail and dietary preferences. The factors mentioned above are likely to boost the growth of the rhamnolipids market during the forecast period.
Competition Assessment: Rhamnolipid Market
Some of the players in the rhamnolipid market include:
- Tee Gene Biotech (UK)
- AGAE Technologies LLC (U.S.)
- Jeneil Biosurfactant Co. LLC. (U.S.)
- Paradigm Biomedical Inc. (U.S.)
- Rhamnolipid Companies, Inc. (U.S.)
- Fraunhofer IGB (Germany)
- Cognis Care Chemicals (China)
- Saraya Co. Ltd.(Japan)
- Ecover Belgium (Belgium)
- Groupe Soliance (France)
- MG Intobio Co. Ltd.(South Korea)
- Synthezyme LLC (U.S.)
- Allied Carbon Solutions (ACS) Ltd (Japan)
- Lion Corporation (Japan)
- Lipo Chemicals (USA)
- Kaneka Co. (Japan)
Notable Market Developments: Rhamnolipid Market
- MG intobio developed bioprocess, scaled-up cultivation, mass produced sophorolipid and rhamnolipid which are the microbio surfactants, and accumulated small metal elements into microbes to develop non-toxic metal bacilli and natural antibiotic lactobacillus medicine. Also, they are developing kit water environment alarm system for women examination by applying waste resource application technology and bio-chip technology.