1. Market Research
  2. > Consumer Goods
  3. > Personal Care Market Trends
Sophorolipid Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Type and Application

Sophorolipid Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Type and Application

  • November 2020
  • 127 pages
  • ID: 6010102
  • Format: PDF
  • The Insight Partners

Summary

Table of Contents

Search Inside

The global sophorolipid market was valued at US$ 374.85 million in 2019 and is projected to reach US$ 547.02 million by 2027; it is expected to grow at a CAGR of 5.0% from 2020 to 2027.

Sophorolipids are potential biosurfactants as they have qualities such as biodegradability and low eco-toxicity.Sophorolipid are extracted from natural sources and are expected to be an alternative to petrochemicals such as detergents and pesticides.

It is expected that the efficacy of sophorolipid in breaking down oil into droplets will increase market penetration in untapped markets as dispersants of oil.Sophorolipid is useful in hard surface cleaning and automatic dishwashing rinse aid formulations.

It has potential use in additional applications owing to its low foaming profile and surface activity properties.Sophorolipid is widely used in agriculture products such as pesticides and other chemicals, in detergents for residential, medical, and healthcare usage, in personal care and cosmetic products such as shampoo, hash wash liquids, and soap.

The demand for sophorolipid is increasing from various end-use industries such as oil and energy, agriculture, chemical, pharmaceutical, medical and healthcare, and consumer goods; therefore the market is booming.

Based on type, the sophorolipid market is bifurcated into lactonic sophorolipid and acidic sophorolipid.The acidic sophorolipid segment accounted for a larger share in market in 2019, and lactonic sophorolipid segment is expected to register a higher CAGR during 2020–2027.

Acidic sophorolipids are amphiphilic molecules; thus, they possess the characteristics of surfactants.As biosurfactants, they have various potential advantages over synthetic surfactants such as lower toxicity, higher biodegradability, and low-cost manufacturing capacity.

Acidic forms are stronger foaming agents with higher water solubility and are used in the dairy, cosmetics, and bioremediation industries.Acid sophorolipid (ASL), a bola amphiphilic substance, confers a surfactant to a crude sophorolipid.

The two hydrophilic ends of the oleic acid hydrophobic skeleton contain sophorose and a carboxylic group that makes ASL an outstanding drug delivery vehicle comparable to other bola amphiphiles. ASL is a simple, water-soluble, mono-component, and stimulus-responsive molecule.

Based on geography, the global sophorolipid market is segmented into North America, Europe, Asia Pacific, South America, and the Middle East and Africa.In 2019, Europe held the largest share in the global market, followed by North America and Asia Pacific.

Germany is dominating the sophorolipid market in Europe, followed by the UK and France.Economically developed European countries such as Germany, the UK, and Russia witness significant growth in the implementation of technologically advanced solutions.

Other than the chemical industry, various industries such as pharmaceutical, polymers, agrochemicals, and cosmetics and detergents are growing across the region, which bolsters the growth of sophorolipids market in Europe.The growing demand for sophorolipids from various industries such as oil & gas, medicine and pharmaceuticals, cosmetics and detergents, agriculture, and food industry drive the sophorolipids market growth in Germany.

Furthermore, the presence of prominent market players such as allied carbon solutions and many others is another factor influencing the market growth.

The COVID-19 outbreak was first reported in Wuhan, China, in December 2019.As of November 2020, China, Italy, Iran, Spain, republic of Korea, France, Germany, and The US are among the worst affected countries in terms of COVID-19 confirmed cases and reported deaths.

According to the latest WHO figures updated in November, there are ~54,771,888 confirmed cases and ~1,324,249 total deaths globally.Lockdowns, travel bans, and business shutdowns are adversely affecting economies and industries in various countries.

The global chemicals and materials industry is one of the major industries that are suffering due to supply chain breaks, technology events cancellations, and office shutdowns.For instance, China is the global manufacturing hub and largest raw material supplier for various industries, and it is also one of the worst affected countries due to the outbreak.

The lockdown of various plants and factories in leading regions such as North America, Europe, and Asia Pacific is restricting the global supply chains and hindering the manufacturing activities, delivery schedules, and various goods sales. In addition, the global travel bans imposed by countries in Europe, Asia, and North America are hampering the business collaborations and partnership opportunities. All these factors are adversely affecting the chemicals and materials industry, and are restraining the growth of various markets related to this industry.

Allied Carbon Solutions Co., Ltd; Givaudan; Evonik Industries AG; Holiferm; Saraya Co., Ltd; and Mg Intobio Co., Ltd. are among the players operating in the global sophorolipid market.

The overall size of the global sophorolipid market has been derived using primary and secondary sources.The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market.

Also, multiple primary interviews were conducted with industry participants and commentators in order to validate and analyze the data. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the global sophorolipid market.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.

ref:plp2020

Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on