Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
Agrochemical preparations includes an extensive range of methods for crop protection. All these formulations require the use of a surface active agent or surfactants, which plays an essential role in maintenance of long-term physical stability of crops. They also enhance biological performance of the agrochemical products. The addition of surfactants enables the spray solution to adhere to the target surface and spread over it, thus covering a large area. In addition to this, the agricultural surfactants are crucial in the optimization of the biological ef?cacy. The global agricultural surfactants market is estimated and forecasted in terms of revenue (USD million) generated by the global market. The global agricultural surfactants market is witnessing remarkable growth owing to surge in adoption of precision farming and protected agriculture practices. Furthermore, the overall market is also being propelled by growth in agricultural productivity globally. The market is further boosted by technological advancements in the production of agricultural surfactants by various vendors across the globe and increase in demand for green solutions. One of the prominent trend witnessed by the market include production of sustainable bio-based surfactant products. However, the global agricultural surfactants market is hampered by regulations on the use of synthetic surfactants and growing use of genetically modified seeds. The report analyses the global agricultural surfactants market based on type, substrate type, crop type, application and geography. Based on type, the market is segmented into amphoteric, anionic, cationic and non-ionic. The non-ionic type held the largest market share in 2017 and is anticipated to flourish at a lucrative rate, owing to increasing use of these surfactants for general wetting and spreading activities. Based on substrate type, the global agricultural surfactants market is segmented into bio-based and synthetic. Among various substrates, the synthetic segment held the largest share of the agricultural surfactants market in 2017. Synthetic surfactants are primarily derived from the chemical synthesis of petroleum or petroleum-based products, and are widely used globally, thus propelling the segment growth. Based on crop type, the global agricultural surfactants market is segmented into cereals & grains, fruits & vegetables and others (including sugarcane, plantation crops, and turf & ornamentals etc.). The fruits & vegetables held the largest market share in 2017 and is anticipated to flourish at a lucrative rate, owing to rising consumption of a wide variety fruits & vegetables worldwide. Based on application, the market is segmented fungicides, herbicides, insecticides and others (fertilizers, micronutrients, bio stimulants, disinfectants, biocides, plant regulators etc.). Among these, the herbicides segment held the largest share of the agricultural surfactants market in 2017, due to extensive use of agricultural surfactants in herbicide treatment solutions, to recover spray droplet retention and penetration of active ingredients into plant foliage. By geography, the global agricultural surfactants market is studied across the countries of key regions such as, North America, Europe, Asia Pacific, and Rest of the world. North America accounted for the largest market share in 2017. The blooming agricultural industry and presence of key players such as DowDuPont, Huntsman Corporation, Helena Chemical, and Stepan Company are the key growth drivers for agricultural surfactants in this region. Moreover, increasing demand for crops, rising cultivation and expansion of manufacturing base in the region are likely to boost the market over the coming years. In addition to this, South America is projected to grow at a lucrative growth rate over the estimate period, owing to increasing demand for agribusinesses in Brazil and Argentina. Some of the major players operating in the global agricultural surfactants market include Air Products and Chemicals, Akzonobel, BASF SE, Brandt Consolidated Inc., Clariant AG, Croda International Plc., DOW Chemical Company, Evonik Industries AG, Garrco Products Inc., Helena Chemical Company, Huntsman, Interagro (Uk) Ltd, Kao Corporation, Lamberti SPA, Nufarm Limited, Solvay S.A., Tanatex Chemicals B.V. and Wilbur-Ellis Company among others. Market players are involved in product launches and collaboration agreements to exploit maximum revenue potential in global agricultural surfactants market. Furthermore, acquisitions and endorsements strategies are also adopted by the major players to reinforce their positions in the international market.
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