Agricultural Surfactants Market Trends 2024

Market-Research
Agricultural Surfactants Market

Recent Developments

The Dow Chemical’s manufactures and sells chemical materials worldwide. The company’s primary products include coatings and performance monomers; construction chemicals; standalone silicone and acrylic-based materials; crop protection products, Dow uses Silicone surfactants, which improves the performance of the active products in herbicides, fungicides, insecticides, foliar nutrients and plant growth regulators to provide effective crop protection.

In September 2018, Dow introduced two most commercially relevant APEs; they are nonylphenol ethoxylates (NPE) and octylphenol ethoxylates (OPE), which are Dow’s TERGITOL NP Series and TRITON X Series, respectively.

Alkylphenol ethoxylates (APEs) are high-value, high-performance non-ionic surfactants; they use primarily for Agricultural applications.  

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Market Segmentation

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.

Report is segmented by

Type          

  • Anionic
  • Non-ionic
  • Cationic
  • Amphoteric

Application    

  • Fungicides
  • Insecticides
  • Herbicides 

Agricultural Surfactants improve the activity of pesticides by altering the properties of pesticides like its ability to spread, penetrate the target, increase or decrease the droplet size and others. This ability of surfactants enhances the ability of pesticides to protect or target the organism. Which act as growth hurdles for the Agricultural Surfactants Market in certain regions.

Geographical Segmentation:

 In Global Agricultural Surfactants Market, North America has the largest share with percentage of 42, followed by Europe with a percentage of 23. This market in Europe has good growth as the supply of quality surfactants is increasing from important players.

Key market players in the market are -

  • Evonik Industries AG (Germany)
  • The Dow Chemical Company (U.S.)
  • Solvay S.A (Belgium)
  • BASF SE (Germany)

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Scope of the report:

The report offers a comprehensive analysis in the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends had 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 high growth potential identified and debated.

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

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