COVID-19 Impact On Agricultural Surfactants Market Report Business Boosting Strategies, Demand, Regions by 2023

 Agricultural Surfactants Market Synopsis

The Agricultural Surfactants Market is estimated to expand at a staggering CAGR over the assessment period (2018-2023) owing to the adoption of advanced technologies, asserts Market Research Future (MRFR). Agricultural surfactants are additives used in agrochemical formulations to improve the effectiveness of agricultural pesticides. They decrease the surface tension of water in the spray solution of pesticides, thus improving the spreading ability, wettability, penetration, and retention on the leaf surface.

Competitive Analysis

Some of the key players operating the Agricultural Surfactants Market Report are Clariant International AG (Switzerland), Stepan Company (U.S.), BASF SE (Germany), Solvay SA (Belgium), Nufarm Limited (Australia), Croda International Plc (U.K.), Helena Agri-Enterprises LLC (U.S.), AkzoNobel N.V. (Netherlands), DowDuPont Inc. (U.S.), Loveland Products Inc. (U.S.), Wilbur-Ellis Company LLC (U.S.), CEFIC (Belgium), Evonik Industries AG (Germany), Monsanto Company (U.S.), Huntsman International LLC. (U.S.), and more.

Agricultural Surfactants Market: Segmental Analysis

The global Agricultural Surfactants Market has been segmented on the basis of substrate type, product type, application, crop type, and region.

By mode of product type, the market has been segmented into anionic, non-ionic, cationic, and amphoteric. The non-ionic segment held the maximum market share in 2017 due to its extensive consumption in fungicides, herbicides, and insecticides owing to its good spreading and good wetting characteristics.

By mode of substrate type, the market has been segmented into bio-based and synthetic. Among these, the synthetic agricultural surfactants segment held the maximum share in 2017. The bio-based surfactant segment is predicted to showcase robust growth rate owing to increasing preferences for eco-friendly activities.

By mode of crop type, the market has been segmented into fruits and vegetables, cereals and grains, and others. Among these, the cereals and grains segment accounted for the highest consumption rate in 2017 and is anticipated to showcase a significant demand over the forecast period.

Regional Insights

The North American region holds the largest market share in terms of market consumption owing to high expenditure on agriculture, established agricultural industry emphasis on technologically advanced farming products and techniques.

Asia Pacific is estimated to be the fastest growing market and is likely to maintain its dominance over the review period. Agricultural growth owing to the expanding population, agricultural dependent occupation population, fertile and arable land, profitable government schemes, and others are likely to contribute to the market growth in this region.

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Latin America is estimated to showcase a significant demand owing to the expanding agricultural industry in regions such as Argentina and Brazil. Meanwhile, the Middle East and Africa are predicted to exhibit a moderate demand over the assessment period.

About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.