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 Regional Analysis

North America's dominance in the market is driven by its advanced farming practices and presence of leading industry players

North America accounts for a significant share in the market due to the established agricultural sector, rising expenditure towards agriculture, and increasing adoption of technologically advanced techniques for farming. Policies of governments in the region to promote high-yield agricultural output are also contributing to the agricultural surfactants industry development in the region.

 

The presence of prominent agrochemical companies within North America fuels research and development efforts, leading to continuous innovation of surfactant formulations tailored to the region's diverse crop profiles. For example, Corteva Agriscience recently launched a new agricultural surfactant called Instinct that improves the efficacy of nitrogen-based fertilizers.

 

Meanwhile, the agricultural sector in the Asia Pacific region is expanding, with governments in countries like India and China investing heavily in modernising farming practices and promoting the use of advanced agricultural technologies, including surfactants.

 

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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