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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 Share
Anionic and non-ionic surfactants are widely used due to their low toxicity and rising demand
Anionic type occupies a sizable share in the market owing to the rising demand and application of anionic agricultural surfactants. They are relatively low cost and can be added to insecticides, plant growth regulators, pesticides, and rust removers, improving the soil quality for crop growth. As they generate foam upon mixing, anionic agricultural surfactants are effective for suspending and lifting particulate soils. Anionic agricultural surfactants also contain sulfonates, sulphate, dispersants, and carboxylates which are beneficial for crops.
However, as per agricultural surfactants market analysis, non-ionic agricultural surfactants are expected to observe significant growth over the forecast period. This is because they are harmless to plants and are effective and stable while breaking the surface water tension.
Agricultural surfactants are mostly used for enhancing the efficacy of herbicides, followed by insecticides
The herbicides segment holds the largest market share due to the widespread use of herbicides in agriculture to control weeds and improve crop yields. For example, glyphosate-based herbicides are widely used to control weeds in crops such as soybeans, corn, and cotton.
The insecticides segment, in contrast, is expected to hold a significant market share due to the growing demand for insecticides to control pests, protect crops and boost the agricultural surfactants market expansion. For instance, neonicotinoid insecticides are commonly used to control pests in crops such as corn, soybeans, and wheat.
The fungicides segment, however, holds a smaller market share compared to herbicides and insecticides but is still a significant segment due to the growing demand for fungicides to control fungal diseases in crops. For example, fungicides containing active ingredients such as azoles and strobilurins are used to control fungal diseases in crops such as wheat, maize, corn, and soybeans.
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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