Market Size 2023 (Base Year) | USD 1.47 Billion |
Market Size 2032 (Forecast Year) | USD 2.58 Billion |
CAGR | 6.43% |
Forecast Period | 2024 - 2032 |
Historical Period | 2018 - 2023 |
A latest report by Market Research Store estimates that the Global Agricultural Surfactants Market was valued at USD 1.47 Billion in 2023 and is expected to reach USD 2.58 Billion by 2032, with a CAGR of 6.43% during the forecast period 2024-2032. The report Agricultural Surfactants Market overview, growth factors, restraints, opportunities, segmentation, key developments, competitive landscape, consumer insights, and market growth forecast in terms of value or volume. These structured details offer an all-inclusive market overview, providing valuable insights for investment decisions, business decisions, strategic planning, and competitive analysis.
To Get more Insights, Request a Free Sample
Surfactants are surface-active agents that reduce the surface tension between two liquids, or gas and liquid, or liquid and solid. Agricultural surfactants are used in manufacturing agrochemicals to increase the effectiveness of pesticides. Agricultural surfactants also help in reducing the surface tension so that pesticides are sprayed evenly on the target area.
The global demand for food is increasing at a significant rate due to the growing global population. To fulfill the global food demand, it is very crucial to increase food production by the use of pesticides and insecticides. The increasing demand for various crop protection techniques is driving the global agricultural surfactants market. Based on the research conducted by Food & Agricultural Organization, the land under cultivation is reducing significantly and it is anticipated that in the upcoming years this may cause food production distress. The need for pesticides and insecticides is also increasing due to various insect attacks and crop diseases. For example, a large number of locusts swarmed in various countries such as India, Ethiopia, Kenya, Pakistan, Iran, Uganda, Somalia, and Yeaman in June 2020. Such increasing insect attacks are creating a demand for agricultural surfactants as they are used as additives in pesticides to improve their effectiveness and also help as a dispersing agent.
Report Attributes | Report Details |
---|---|
Report Name | Agricultural Surfactants Market |
Market Size in 2023 | USD 1.47 Billion |
Market Forecast in 2032 | USD 2.58 Billion |
Growth Rate | CAGR of 6.43% |
Number of Pages | 110 |
Key Companies Covered | AkzoNobel, Solvay, Nufarm, Helena Chemical Company, Stepan Company, DuPont, BASF, Evonik, Huntsman Corporation, Clariant, Croda International, and Wilbur-Ellis Company among others |
Segments Covered | By Type, By Crop Type, By Substrate Type, By Application, And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2023 |
Forecast Year | 2024 to 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The global agricultural surfactants market is bifurcated into its type, crop type, substrate type, application, and regions.
Based on the type, the global market is segregated into cationic, non-ionic, anionic, and amphoteric.
Based on the crop type, the market is bifurcated into fruits & vegetables, cereals & grains, and others.
Based on substrate type, the global market is segmented into synthetic, and bio-based.
Based on the application, the market is bifurcated into insecticides, herbicides, fungicides, and others.
Geographically, the global agricultural surfactants market is diversified into North America, Asia-Pacific, Europe, Latin America, and Middle East & Africa.
North America region dominated the global agricultural surfactants market in 2019 and is anticipated to continue its dominance in the upcoming years. The dominance of the North America market can be attributed to the presence of the key agrochemical manufacturing base in the region. The Asia Pacific region is anticipated to grow at the highest rate in the forecast period owing to the rising population in the region and the increasing demand for food grains associated with it.
Some of the key players in the agricultural surfactants market are:
By Type
By Crop Type
By Substrate Type
By Application
Agricultural Surfactants
Agricultural Surfactants
×