Agricultural Surfactants Market is estimated to be US$ 2.6 billion by 2032 with a CAGR of 7.2% over the forecast period (2022-2032)

Download Sample

Published Date: April 2023

Agriculture surfactants help famers to use pesticides more efficiently, as surfactants minimize the water surface tension so that the pesticides keep the spray on the targeted rather than mixing into the water. Agricultural surfactants are blended with agrochemicals to improve the spread of spray droplets on the surface of leaves and maximize the duration of spray droplets. Increasing demand for agrochemicals due to adoption of precision farming and cultivation is likely to drive the market growth.

The surfactants segment goes hand in hand with the crop protection chemicals, fertilizers, micronutrients, plant growth regulators, etc. Surfactants are used with herbicides, fungicides, insecticides, etc. that enables their function and utility. Thus, the increasing sales of crop protection chemicals have stimulated the demand for surfactants and the trend is expected to continue.

The report “Agricultural Surfactants Market, By Type (Anionic, Nonionic, Cationic, and Amphoteric), By Application (Insecticide, Herbicide, Fungicide, and Other), By Substrate (Synthetic and Bio-based), By Crop Application (Crop-based and Non-crop-based), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends,m Analysis and Forecast till 2032 “

Key Highlights:

In Feb 2022, Clariant unveils its new Vita 100% bio-based surfactants and polyethylene glycols (PEGs) to help directly address climate change by helping remove fossil carbon from the value chain.
In Feb 2020, Ingevity has introduced a new bio-based adjuvant product line called AltaHance. A multifunctional retention technology that offers tunable rainfastness, AltaHance is designed for use in crop protection products to enhance the effectiveness of the agrochemical.
In April 2019, Bayer launched herbicide Provence Total, for the Brazilian sugarcane market, to increase the productivity and optimized cost.

Analyst View:

Strategy adopted by the agricultural surfactants market players of partnerships, in order to grow and sustain in the competition by retaining present customers along with attracting new ones. Is done either by expanding the product and services portfolio or by entering into new contracts so as to gain better prospects. For instance, In 2019, Harcros Chemical Inc. formed a partnership with Colonial Chemical Inc. The company aims to distribute latter products in the selected states of the U.S.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Agricultural Surfactants Market, By Type (Anionic, Nonionic, Cationic, and Amphoteric), By Application (Insecticide, Herbicide, Fungicide, and Other), By Substrate (Synthetic and Bio-based), By Crop Application (Crop-based and Non-crop-based), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032”

Key Market Insights from the report:

Agricultural Surfactants Market accounted for US$ 1.5 billion in 2022 and is estimated to be US$ 2.6 billion by 2032 and is anticipated to register a CAGR of 7.2%. The market report has been segmented on the basis of deployment type, application, substrate, crop application, and region.

By type, the non-ionic segment is projected to hold a large share of the market during the forecast period. Non-ionic surfactants are widely used in agriculture surfactants as these are good dispersing agents, have low toxicity to animals and plants, and stabile in cold water.
By application, the herbicides segment accounted for a major share of the agricultural surfactants market.
By substrate, most agricultural surfactants available in the market are synthetic-based. Hence, the synthetic-based segment accounted for a major share of the market.
By crop application, the broad application of agricultural surfactants in cereals & grains which is crop based is the key factor driving the global agricultural surfactants market.
By region, North America accounts highest revenue share to the global agricultural surfactants market due to high adoption of precision farming and protected agriculture in this region. In addition, major players such as DowDuPont and Helena Chemical Company are investing more in R&D to develop new and innovative products.

Competitive Landscape & their strategies of Agricultural Surfactants Market:

The prominent players operating in the Agricultural Surfactants Market includes Evonik Industries AG, Dow Corning Corp., Akzonobel NV, Solvay SA, BASF SA, Huntsman Corporation, Nufarm, Clariant, Helena Chemical Company, Croda International, and Wilbur-Ellis Company. The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

About Prophecy Market Insights

Prophecy Market Insights is specialized market research, analytics, marketing/business strategy, and solutions that offers strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high-value opportunities in the target business area. We also help our clients to address business challenges and provide the best possible solutions to overcome them and transform their business.

Some Important Points Answered in this Market Report Are Given Below:

Explains an overview of the product portfolio, including product development, planning, and positioning
Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
Detailed analysis of the market revenue over the forecasted period.
Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
Study on the segments that are anticipated to dominate the market.
Study on the regional analysis that is expected to register the highest growth over the forecast period