MARKET OVERVIEW:

Agricultural Surfactants Market was worth USD 1.2 billion in 2019 and estimated to be growing at a CAGR of 6.77%, to reach USD 1.7 billion by 2024. Agricultural surfactants are chemicals that enhance the action of pesticides such as insecticides, herbicides, and fungicides.

DRIVERS & RESTRAINTS OF THE MARKET:

Factors such as increased food demand influence the market for agricultural surfactants in the Middle East and Africa due to population growth, the development of agricultural techniques such as precision farming, raised awareness in the use of chemicals in farming and commercial agriculture.
However, factors such as the possibility of pesticide drift, health problems related to their use and their harmful effects on the environment are among the constraints of this market. These factors may be barriers to the growth of the agricultural surfactant market in some regions.

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REPORT SEGMENTED AS:

Based on Type:

Anionic
Non-ionic
Cationic
Amphoteric
Based on Application:

Fungicides
Insecticides
Herbicides
Others
Based on Substrate Type:

Bio-based surfactants
Synthetic surfactants
Based on Fertilizer Type:

Nitrogenous
Potassium
Phosphate
GEOGRAPHICAL SEGMENTATION:

Geographically, the Global Agricultural Surfactants Market is segmented into North America, Europe, Asia-pacific, Latin America and Rest of the World. Due to the unstable economic conditions of this region, the market stands in the last position in terms of market value among other global markets. Factors such as the high rate of adoption of new technologies to improve the productivity of farm operations that reduce costs and increasing food demand should spur growth in this industry.

KEY MARKET PLAYERS:

Evonik Industries AG
AkzoNobel N.V.
The Dow Chemical Company
BASF SE
Solvay S.A

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THE SCOPE OF THE REPORT:

The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed, and the prospects with huge growth potential identified and debated.

The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis of prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.

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