The global Agricultural Surfactants Market size is anticipated to reach USD 2.0 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.3% from 2022 to 2030. An increase in the world population is fostering the demand for food, which is propelling the growth of the industry. The COVID-19 pandemic had a negative impact on the industry as it disrupted the supply chain causing a shortage of raw materials, and further inflating prices. The shrinking arable lands and rising need for agricultural products have propelled the demand for agricultural surfactants in applications, such as herbicides, insecticides, and fungicides, among others, and increased the efficiency of these pesticides. It led to a positive impact on growth. Mergers & acquisitions, agreements, R&D activities, and expansions are the key strategies adopted by industry players.
For
instance, in August 2021, Univar Solutions Inc., a global chemical and
ingredient distributor, agreed to serve as Solvay's distribution partner in the
Brazilian agrochemical sector. The new arrangement covers Solvay's agrochemical
defensives, adjuvants, and fertilizers product line and will assist Brazil's
rapidly increasing agricultural industry. Asia Pacific held the largest share
in 2021 and is expected to retain its dominance over the forecast period.
Europe is anticipated to expand at a steady CAGR over the forecast period. The
market growth in APAC is attributed to the rising demand for agricultural
surfactants in pesticide applications. In February 2022, Clariant launched Vita
100% bio-based surfactants and Polyethylene Glycols (PEGs) line, accelerating
the transition to renewable carbon and eliminating fossil carbon from the
production chain.
List of Key Players in Agricultural Surfactants Market
- Clariant
- Evonik
Industries
- BASF SE
- Dow DuPont
- Solvay
- Bayer AG
- Nufarm
- Huntsman
International LLC
- Croda
International Plc
- Helena
Agri-Enterprises, LLC
- Stepan
Company
- Wilbur-Ellis
Holdings, Inc
Related Press
Release@ Agricultural
Surfactants Market Report
Agricultural Surfactants Market Report Highlights
- The anionic
type segment accounted for the largest revenue share in 2021 owing to
product properties, such as increasing the efficiency of pesticides, and
applicability across the agrochemicals industry
- The
herbicides application segment dominated the industry in 2021 owing to the
high preference for herbicides in agriculture. The insecticides segment is
likely to grow at a steady CAGR over the forecast period
- Based on
substrate, the synthetic segment is expected to dominate the industry by
2030 owing to the demand for pesticides in farming
- Based on
crop type, the cereals & grains segment dominated the market in 2021
due to the high population worldwide. The fruits & vegetables segment
is likely to grow at a significant CAGR over the forecast period owing to
the rising health awareness among consumers
Agricultural Surfactants Market Segmentation
Grand
View Research has segmented the global agricultural surfactants market based on
type, application, substrate, crop type, and region:
Agricultural Surfactants Type Outlook (Volume, Kilo
Tons; Revenue, USD Million, 2017 - 2030)
- Non-ionic
- Anionic
- Cationic
- Amphoteric
Agricultural Surfactants Application Outlook (Volume,
Kilo Tons; Revenue, USD Million, 2017 - 2030)
- Herbicides
- Insecticides
- Fungicides
- Others
Agricultural Surfactants Substrate Outlook (Volume, Kilo
Tons; Revenue, USD Million, 2017 - 2030)
- Synthetic
- Bio-based
Agricultural Surfactants Crop Type Outlook (Volume, Kilo Tons; Revenue,
USD Million, 2017 - 2030)
- Cereals
& Grains
- Oilseeds
& Pulses
- Fruits &
Vegetables
- Others
Agricultural Surfactants Regional Outlook (Volume, Kilo
Tons; Revenue, USD Million, 2017 - 2030)
- North
America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- Spain
- Ukraine
- Asia Pacific
- China
- India
- Japan
- Australia
- ASEAN
- Central
& South America
- Brazil
- Argentina
- Middle East
& Africa
- Saudi
Arabia
- South
Africa
About Us:
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals,
materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
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