Global Agricultural Surfactants Market Analysis 2022
The Global Agricultural Surfactants Market is expected to reach $3.50 billion by 2028 growing at a CAGR of 8.6% from 2021 to 2028. Agricultural surfactants are additives applied in agricultural formulations for the purpose of enhancing the effectiveness of agricultural pesticides. They improve the wettability, retention, spreading ability and penetration onto the leaf surface by decreasing the surface tension of water in the pesticide's spray solutions. Agricultural surfactants also reduce the overall costs, quantity of pesticides used and pollution as less active compounds are needed during foliar uptake.
Factors such as increase in acceptance of precision farming rise in need to protect crops from pests and increase in demand for green solutions are driving the growth of the market. However, strict regulations levied by various countries on the use of synthetic surfactants are restraining the growth of the market.
Based on type, the non-ionic segment is going to have a lucrative growth during the forecast period which can be attributed to the rising herbicide spray solution utilization. These surfactants offer superior dispersing agents, low toxicity to plants & animals along stability in cold water characteristics should stimulate product demand. It is compatible with water-soluble herbicides, insecticides, fungicides, and plant growth regulators owing to surface tension reduction and contact angle of individual spray droplets attributes which may accelerate industry growth.
The key vendors mentioned are Akzonobel , Clariant, Solvay SA, Wilbur-Ellis Company, Helena Chemical Company, Croda International PLC, Corteva Agriscience, Nufarm Limited, Evonik Industries, Huntsman Corporation, BASF SE, Dowdupont, Stepan Company, Kao Corporation, Asahi Kasei Medical Company Limited, Lamberti SPA, Honeywell International Inc, Garrco Products Inc, Brandt Consolidated Inc.
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