Bio-Based Cleaning Products Market size is forecast to reach $X.X billion by 2025, after growing at a CAGR of 8.2% during 2020-2025. Bio based products are those products in which the ingredients which were earlier made from fossil fuels are now made from biological products. Typical examples of some biological ingredients are plant oils, soy oil, coconut oil, palm oil, glucose etc. Nowadays enzymes are also used as ingredients of bio-based cleaning products. One of the main reasons for which the market is shifting towards bio-based ingredients is because fossil fuel ingredients are expensive and renewable bio-based ingredients are easy to get.
Report Coverage
The report: “Bio-Based Cleaning Products Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Bio-Based Cleaning Products Market Industry.
By Source: Corns, Soybeans, Coconut and Others.
By Type: Biochemical, Bio Materials, Bio Fuels and Others.
By Application: Automotive, Textile, Furniture, Building & Construction, Food & Beverage, Cleaning, Personal Care, Gardening and Others.
By Geography: North America, South America, Europe, APAC, and RoW
Key Takeaways
New product developments and increasing investments in research and development of bio-based cleaning products are expected to drive the growth of this market.
Bio-based cleaning products are ecofriendly and recyclable and they don’t easily pollute the environment.
Asia Pacific dominated the bio-based cleaning products market.
By Source - Segment Analysis
Corn segment held a significant share in bio-based cleaning products market in 2019. Bio-based cleaners are derived from agricultural products such as corn, soybeans, and even coconuts. Palm kernel oil derivatives are used as surfactants in detergents to ensure an adequate cleaning functionality as they attack and remove the dirt. Only two vegetable feedstocks i.e. coconut and palm oil have the chemical structure equivalent to petrochemicals for the manufacture of surfactants for detergents. Soy-based cleaning products are degreasers and solvents able to remove surface coatings such as soap scum, grease, urethanes, and epoxies.
By Type - Segment Analysis
Bio Fuels segment held a significant share in bio-based cleaning products market in 2019. Biofuels are one of the largest sources of renewable energy in use today. In the transport sector, they are blended with existing fuels such as gasoline and diesel. More than 97% of gasoline in the United States contains some ethanol, a renewable, domestically produced fuel made from different plant materials. Ethanol is typically blended with gasoline to increase octane and cut down on air pollution. It also plays a role in reducing our dependence on imported oil, extending the supply of U.S. gasoline, and stimulating the economy. The aviation industry is also taking biofuels to new heights. Most major airlines are now blending renewable fuels into many routine commercial flights. Government and industry initiatives like Farm to Fly 2.0 aim to increase the U.S. supply of these drop-in biofuels that could help reduce costs for airlines.
By Application - Segment Analysis
Personal Care segment held a significant share in bio-based cleaning products market in 2019 growing at a CAGR of XX% during the forecast period. Biobased feedstocks can be used to produce a range of personal care products, such as skin cream, shampoo, mascara, and more. For example, the acetone in nail polish remover can be produced by fermenting plant sugars, while the palmitic acid that gives hair glossy shine after condition is one of the most common saturated fatty acids found in microorganisms and plants. Public demand has renewed industry interest in biobased cosmetics, and innovations in biotechnology are making these products cheaper and more efficient to manufacture.
The coronavirus pandemic has had a mixed impact on the bio-based sector, with some businesses helping with technological solutions to help fight the outbreak, while others appear to see growing demand for products like biodegradable takeaway packaging. However, in general, many production lines have closed because of the crisis. Italy-based fiber manufacturer Aquafil produces ocean plastic-based nylon via its Econyl brand in China and is one bio-based firm that has kept production lines running despite the Covid-19 outbreak.
Geography- Segment Analysis
Asia Pacific dominated the bio-based cleaning products market with a share of more than XX%, followed by North America and Europe. Sourcing of renewable resources is a key factor for sustainability and a positive impact on climate and environment. Especially the use of palm and coconut oil, both important ingredients – is criticized. The world’s largest producers of palm oil are in Indonesia and Malaysia. Around 20 percent of the annual worldwide palm oil production qualifies as sustainable. Initiatives like the Roundtable on Sustainable Palm Oil advocate the increased use of certified and sustainable palm oil. In US, the Obama administration opened a program called “National Bio economy Blueprint” in 2012 and the program focused on research and development, growth of bio-based product market, public and private partnership in the industry sector etc.
Drivers – Bio-Based Cleaning Products Market
Less harmful to human health and environment
Bio-based environmental products are less harmful on the human health and the environment. The bio-based cleaning products market is set to grow in the future since there is a lot of consumer awareness compared to the past and several countries are supporting bio-based products as well. Since products are made from biomass hence it causes less demand for already depleting fossil fuels whose costs are high.
The second reason could be that the global countries are moving towards environmental consciousness like the Kyoto protocol and Montreal Protocol where all the countries pledged that they would reduce their carbon footprint in the world and use ecofriendly products and support for bio-based cleaning products. Also, nowadays consumers are also demanding cleaning products whose ingredients are made from biomass and they are also becoming more environmental conscious. Also, fossil fuels are non-renewable and once finished they cannot be replenished. Bio based cleaning products can be recycled and hence they can be used in the place of metals and minerals.
Challenges – Bio-Based Cleaning Products Market
High cost
There are a couple of notable disadvantages to using eco-friendly products for cleaning. Of these, cost is probably the biggest reason people continue to stick with the standard products. Products that utilize safe, natural ingredients sometimes cost more than those featuring mass-produced chemicals. Still, prices are gradually coming down as new manufacturer’s spring up to fill the demand consumers have for safer cleaning agents.
Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the bio-based cleaning products market. In 2019, the market of bio-based cleaning products has been consolidated by the top five players accounting for xx% of the share. Major players in the bio-based cleaning products market are Chempace Corporation, Chardon Laboratories, Inc., Dura Chem Inc., Alpha Chemical services Inc., Unilever, The Clorox Company and Natural Products Inc. among others.
Product Launch/ Acquisition
In July 2016, SC Johnson has signed an agreement to acquire Babyganics, a rapidly growing baby brand providing household and personal care products for the growing family.
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