PUBLISHER: 360iResearch | PRODUCT CODE: 1470401
PUBLISHER: 360iResearch | PRODUCT CODE: 1470401
[193 Pages Report] The Agricultural Surfactants Market size was estimated at USD 1.94 billion in 2023 and expected to reach USD 2.08 billion in 2024, at a CAGR 7.05% to reach USD 3.13 billion by 2030.
Agricultural surfactants are chemical substances that enhance the performance of agrochemicals, such as pesticides, herbicides, fungicides, and insecticides. These surfactants facilitate better coverage, spreading, adhesion, penetration, and uptake of active ingredients in crops by reducing surface tension between two different substances. Agricultural surfactants are employed in various applications, such as crop protection chemicals to ensure proper nutrient absorption and pest management, along with use in biostimulants to boost plant growth & yield while protecting the environment. Increasing global demand for food security due to rapid population growth and advancements in precision agriculture techniques promoting sustainable farming practices has increased the adoption of agricultural surfactants. However, fluctuating raw material prices along with stringent government regulations on chemical toxicity and potential impact on non-target species or soil may limit the market growth. Besides this, investment in R&D activities focusing on eco-friendly products such as biodegradable surfactants, along with the integration of nanotechnology into surfactant solutions, is expected to provide landscape opportunities for the market.
KEY MARKET STATISTICS | |
---|---|
Base Year [2023] | USD 1.94 billion |
Estimated Year [2024] | USD 2.08 billion |
Forecast Year [2030] | USD 3.13 billion |
CAGR (%) | 7.05% |
Crop: Adoption of non-ionic surfactants for cereals & grains
Surfactants play a crucial role in improving nutrient uptake and protecting against pests and diseases for both crop categories. Cereals and grains crops, such as wheat, rice, corn, barley, and oats, typically prefer non-ionic surfactants due to their compatibility with various agrochemicals. Contrastingly, the Fruits and vegetables sector encompasses crops such as tomatoes, cucumbers, apples, oranges, and grapes, which require different types of surfactants based on individual crop needs. This segment often leans towards cationic or anionic surfactants owing to their superior wetting and spreading properties that enhance chemical application efficiency.
Substrate Type: Proliferation of Bio-based agricultural surfactants derived from natural resources
Bio-based agricultural surfactants are derived from natural resources including plant oils, animal fats, and other renewable sources. They have gained popularity due to their biodegradability, low toxicity, and sustainability features. Eco-conscious farmers often choose these environmentally friendly options to minimize their ecological impact while maintaining high crop yields. However, synthetic agricultural surfactants are chemically engineered compounds with superior performance characteristics compared to their bio-based counterparts. These include increased stability under various temperature conditions and higher efficiency levels in augmenting the effectiveness of agrochemicals. However, synthetic surfactants may pose environmental risks due to their longer degradation time and potential accumulation in soil and water bodies.
Type: Ideal Non-ionic surfactants for use in pesticides and herbicides
Amphoteric surfactants have dual functionality due to their ability to switch between anionic and cationic forms in varying pH environments. These are preferred for their foaming and corrosion inhibition properties and compatibility with both cationic and anionic substances. Anionic surfactants possess negatively charged hydrophilic head groups that enable effective emulsifying actions in water-based formulations. They are known for their excellent wetting properties and cost-efficiency, primarily used in herbicide applications. Cationic surfactants feature positively charged hydrophilic head groups with antimicrobial properties suitable for fungicide or biocide applications in agriculture. They also provide enhanced pest protection when combined with other active ingredients. Non-ionic surfactants, lacking electrical charges on their hydrophilic head groups, exhibit minimal reactivity towards other substances. Their versatility and compatibility make them ideal for use with pesticides and herbicides, enabling better penetration into plant tissues due to excellent wetting and spreading properties.
Application : Increasing use of surfactants in insecticide formulations
Agricultural surfactants are essential in augmenting the potency of fungicides, herbicides, and insecticides. They enhance wetting properties penetration into plant tissues and promote efficient utilization of active ingredients. Fungicides are crucial in controlling fungal diseases affecting crops. Surfactant usage has grown with the increasing demand for higher crop yields. Surfactants improve the performance of fungicides by promoting wetting, spreading, retention, and absorption on plant surfaces. Herbicides help manage weeds that compete with crops for nutrients, water, and sunlight. Surfactants have a vital role in herbicide formulations by enhancing efficacy through improved adhesion to target plants and increased penetration into leaf tissues. Insect pests pose a significant threat to agriculture by causing extensive damage to crops. Including surfactants in insecticide formulations enhances penetration, adhesion, and overall efficacy while minimizing off-target effects.
Regional Insights
In the Americas, especially the United States and Canada, demand for agricultural surfactants is fueled by the need to enhance crop yields with sustainable agriculture practices & minimize environmental harm. Government initiatives to reduce chemical usage have led companies to develop environmentally friendly non-ionic surfactants. Meanwhile, Canada's market is propelled by pest problems and climate changes that necessitate crop protection chemicals. In the EU region, increased adoption of precision farming techniques led to significant R&D investments in efficient adjuvants and agrochemical delivery systems. Strict European Union (EU) regulations on chemical usage in agriculture have encouraged innovations in agricultural surfactants. In the Middle East & Africa, population growth and limited arable land necessitate advanced agricultural techniques. The Asia-Pacific region is expected to showcase opportunistic prospects for the market, considering the increased investments in agricultural research from countries such as China, Japan, and India to boost food productivity & meet the rising population's food demands.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Agricultural Surfactants Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Agricultural Surfactants Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Agricultural Surfactants Market, highlighting leading vendors and their innovative profiles. These include Air Products Inc., Akzo Nobel N.V., Aquatrols Corporation of America Inc., BASF SE, Bayer AG, Brandt Co., Inc., CHS Inc., Clariant AG, Corteva, Inc., Croda International PLC, Evonik Industries AG, Garrco Products Inc., Helena Agri-Enterprises LLC, Huntsman Corporation, Interagro (Uk) Ltd, Kao Corporation, Lamberti S.p.A., Loveland Products, Inc. by Nutrien, Nouryon Chemicals Holding B.V., Nufarm Ltd, Oxiteno S.A., Solvay S.A., Stepan Company, The Dow Chemical Company, and Wilbur-Ellis Company Inc..
Market Segmentation & Coverage
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
1. What is the market size and forecast of the Agricultural Surfactants Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Agricultural Surfactants Market?
3. What are the technology trends and regulatory frameworks in the Agricultural Surfactants Market?
4. What is the market share of the leading vendors in the Agricultural Surfactants Market?
5. Which modes and strategic moves are suitable for entering the Agricultural Surfactants Market?