Global Agricultural Disinfectants Market to Reach $3.1 Billion by 2030
The global market for Agricultural Disinfectants estimated at US$2.3 Billion in the year 2023, is expected to reach US$3.1 Billion by 2030, growing at a CAGR of 4.6% over the analysis period 2023-2030. Quaternary Ammonium Compounds & Phenols, one of the segments analyzed in the report, is expected to record a 5.4% CAGR and reach US$1.2 Billion by the end of the analysis period. Growth in the Hypochlorites & Halogens segment is estimated at 4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $605 Million, While China is Forecast to Grow at 7.5% CAGR
The Agricultural Disinfectants market in the U.S. is estimated at US$605 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$706.5 Million by the year 2030 trailing a CAGR of 7.5% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 3.6% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$429.1 Million by the year 2030.
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