Agriculture Surfactants Market Report on Size, Market, and Trends by Product, Delivery Method, End-Use, Region, and Sector Forecast to 2020–2027
Global Agriculture Surfactants Market Forecast to 2027
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According to a recent analysis by Emergen Research, the global market for agriculture surfactants is anticipated to reach USD 2.48 billion by 2027. Due to the increased need for agrochemicals brought on by the adoption of precision farming and controlled farming, the size of the market for agricultural surfactants is anticipated to significantly increase.
This is generally employed in conjunction with pesticide formulations, such as fungicides, herbicides, insecticides, plant growth regulators, and foliar nutrients, to improve plant nutrition and hence increase market demand. Such additives increase the wettability, durability, and penetration of the herb’s surface by reducing the surface tension of the water in a pesticide dissolving media, which boosts the product’s marketability.
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The global Agriculture Surfactants industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
AnQore, Avantor Performance Materials, Honeywell International Inc., Imperial Chemical Corporation, INEOS, Nova Molecular Technologies, Asahi Kasei Medical Company Limited, CNPC Jilin Chemical Corporation Limited, AlzChem AG, Dupont
Research Report on the Agriculture Surfactants Market Addresses the Following Key Questions:
- Who are the dominant players of the Agriculture Surfactants market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Agriculture Surfactants market?
- What are the key growth drivers and restraining factors of the Agriculture Surfactants market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Agriculture Surfactants market and its key segments?
The report bifurcates the Agriculture Surfactants market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
- Type Outlook (Revenue, USD Billion; 2017-2027)
- Substrate Outlook (Revenue, USD Billion; 2017-2027)
- Application Outlook (Revenue, USD Billion; 2017-2027)
Regional Landscape section of the Agriculture Surfactants report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Some Key Highlights from the Report
- Synthetic surfactants are primarily obtained from petroleum or petroleum-based materials chemical synthesis. This category experienced significant growth in 2019, owing to the increasing use of surfactants in herbicides and fungicides.
- Non-ionic surfactants are the most commonly used surfactants in the horticulture industry. They are used as they do not harm the plants and break water surface tension easily. Even though their application is rare in the industry, the segment held the largest share of 33.6% in the year 2019.
- Water-based herbicide spray contains surfactants for dispersing, emulsifying, wetting, and spreading the liquid in the plants. They are used to enhance the retention of spray droplets and penetration of the ingredients into the plants.
- Due to the involvement of leading manufacturers such as DowDuPont, BASF, Huntsman Company in the region, North America is expected to hold a significant share in the industry. The US soared as the largest market for the components in North America in 2019. This has been credited with the continuous need to provide the raw material for food, feed, and biofuel industries.
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Agriculture Surfactants market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Points of the Geographical Analysis:
- Data and information related to the consumption rate in each region
- Estimated increase in the consumption rate
- Proposed growth of the market share of each region
- Geographical contribution to market revenue
- Expected growth rate of the regional markets
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