LAS VEGAS, Oct. 17, 2017 (GLOBE NEWSWIRE) — In 2016 the global bio-based polyethylene terephthalate (PET) market size was approximated at nearly USD 2.09 billion and is anticipated to reach approximately USD 7.54 billion by 2025 at a compound annual growth rate (CAGR) of 15.32% during forecast period. The rising requirement for bio-based polyethylene terephthalate for manufacturing different packaging solutions such as bottles is anticipated to spur the growth of this market. Bio-based polyethylene terephthalate is a polyester resin that is naturally derived and is utilized for production of various products like construction goods, automotive interiors, electronics, bottles and packaged goods.
Major Key Player
Urumqi Unite Bio-Technology Co. Ltd.
Saraya Co. Ltd.
Mg Intobio Co. Ltd.
Product Outlook and Trend Analysis
The surfactant that was consumed most widely was Methyl Ester Ketone (MES), which registered 33 percent of the total share in the market in the year 2013. Methyl Ester Ketone is taken from palm and coconut and is a significant alternative to surfactants that are synthetic utilized in detergents. The second largest biosurfactant to be consumed was Alkyl Polyglycoside, which accounted for 2 percent of the demand globally, in the year 2013. Alkyl Polyglycoside is produced for sugars and fatty alcohols and contains elements that are extremely beneficial for industrial applications. It also contains exceptional foaming elements that provide high stability. Other major products in the market were Sucrose esters and Sorbitan esters, which accounted for a share of 8 percent in the year 2013.
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The global biosurfactants market is segmented as follows:
- Rhamnose Lipids
- Other Products
- Food Industry
- Personal Care
- Household Detergents
- Other Applications
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Table of Contents:
2. Executive Summary
3. Market Overview
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Share Analysis
3.3. Market Dynamics
220.127.116.11. Amplified consumer preference toward the usage of bio products
18.104.22.168. Increasing personal care industry in developing countries
22.214.171.124. Ecological concerns regarding the utilization of synthetic surfactants
126.96.36.199. Cost competency in comparison to synthetic surfactants
188.8.131.52. Advancement in the production of eco-friendly products for future need
3.4. Industry Trends
4. Biosurfactants Market, By Product
5. Biosurfactants Market, By Application
6. Biosurfactants Market, By Region
7. Company Profiles
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