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Report Overview
The global agricultural surfactants market attained a value of nearly USD 1.3 billion in 2023. The market is further expected to grow at a CAGR of 6.80% during the forecast period of 2024-2032 to reach a value of USD 2.34 billion by 2032.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Agricultural Surfactants Market Growth
An agricultural surfactant is a surface active agent that helps in the reduction of surface tension so that it becomes easier for a liquid to penetrate the surface of crops. The growth of the agricultural surfactants market is driven by the increasing demand for crop protection products in the agricultural field to optimise yield and the adoption of precision farming methods. Additionally, the shrinking arable land and growing food demand globally due to the increasing world population are also contributing to the market growth.
Agricultural Surfactants Market Report Snapshots
Agricultural Surfactants Market Size
Agricultural Surfactants Market Growth
Agricultural Surfactants Market Trends
Agricultural Surfactants Market Share
Agricultural Surfactants Manufacturers
Agricultural Surfactants Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The agricultural surfactants market value is expected to grow at a CAGR of 6.80% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to USD 2.34 billion by 2032.
The major drivers of the market include increasing population, rising demand for crop protection, high adoption rate of precision farming, and low toxicity and cost effectiveness of agricultural surfactants.
Key trends aiding market expansion include the increasing demand for bio-based agricultural surfactants, product developments, and rising focus on integrated pest management.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The significant substrate types in the market for agricultural surfactants are bio-based and synthetic.
The various types of agricultural surfactants in the market are anionic, non-anionic, cationic, and amphoteric.
Key players in the market are Evonik Industries AG, Solvay S.A., The Dow Chemical Company, Clariant International, and Nufarm Ltd., among others.
In 2023, the market reached an approximate value of USD 1.3 billion.
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