Agricultural Surfactants Global Market Analysis, Trends, Growth, Research And Forecast 2033

The agricultural surfactants market size has grown strongly in recent years. It will grow from $1.64 billion in 2023 to $1.77 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to shift towards eco-friendly solutions, growing emphasis on crop protection, adoption of precision agriculture, increasing agriculture sector.

The agricultural surfactants market size is expected to see strong growth in the next few years. It will grow to $2.3 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to expansion of horticulture and floriculture sectors, growth in organic farming, environmental concerns and sustainable solutions, rise in precision agriculture practices, increasing demand for agrochemicals., increasing demand for food. Major trends in the forecast period include technological advancements in formulations, adoption of non-ionic surfactants, regulatory compliance and safety, focus on crop yield enhancement, development of adjuvant technologies, environmentally friendly formulations.

Market Overview -
Agricultural surfactants are adjuvants that are used with pesticides and other agricultural liquids to emulsify, distribute, spread, moisten, or display other surface-modifying properties. It is used to lower surface tension so liquid can enter the surface more easily.

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Precision Farming Adoption Fuels Growth In Agricultural Surfactants Market
An upsurge in the adoption of precision farming is expected to drive the growth of the agricultural surfactants market going forward. Precision farming is the process of monitoring, analyzing, and reacting to a wide range of inter and intra-field variable inputs in modern agriculture. Agricultural surfactants are used in precision farming to reduce pesticide usage and improve functionality. For instance, in March 2021, according to the data published by Purdue University, a US-based university associated with science, technology, and engineering, the cost/profit mapping of precision farming increased to 55% in 2022 from 38% in 2019. Therefore, an upsurge in the adoption of precision farming will drive the growth of the agricultural surfactants market.

Competitive Landscape -
Major companies operating in the agricultural surfactants market report are Nufarm Limited, Croda International plc, Stepan Company, Loveland Products Inc., DowDuPont Inc., BASF SE, AkzoNobel N.V, Evonik Industries AG, Solvay SA, Lamberti SPA, Brandt Consolidated Inc., Garrco Products Inc., Air Products and Chemicals Inc., Kao Corporation, Nouryon Company, Syngenta Group Co. Ltd., Adama Ltd., Corteva Inc., Huntsman Container Corporation, Clariant AG, Helena Agri-Enterprises LLC, Innospec Inc., Land O'Lakes Inc., Oxiteno S A Industria e Comercio, Gowan Company, Vive Crop Protection Inc., Société d'exploitation pour les produits de l'industrie chimique, Wilbur-Ellis Holdings, Performance Nutrition, Nutrien Ltd., Bell Laboratories Inc., Precision Laboratories LLC, Willowood USA LLC., Verdesian Life Sciences

Biodegradable Anionic Surfactant Drive Market Trends In Agricultural Surfactant Industry
The production of biodegradable anionic surfactant products is a key trend gaining popularity in the agricultural surfactant market. Biodegradable anionic surfactants are surface-active agents that exhibit the property of breaking down into environmentally benign substances through natural biological processes, reducing environmental impact. Major players in the agricultural surfactants sector are focused on the production of a biodegradable anionic surfactant to strengthen their position in the market. For instance, in April 2022, BASF SE, a Germany-based, multinational chemical company, launched Plantapon Soy, a soy-based biodegradable, anionic surfactant. It is acceptable for both vegan compositions and natural cosmetic norms and is derived from non-GMO (genetically modified organism) soybeans supplied from Europe. Since Plantation Soy is entirely natural, it completely satisfies the criteria of the ISO 16128 standard.

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Key Segments -

The agricultural surfactants market covered in this report is segmented -

1) By Type: Non-Ionic, Anionic, Cationic, Amphoteric
2) By Source: Synthetic, Bio-based
3) By Crop: Row Crops, Horticulture Crops, Vegetables, Plantation Crops
4) By Application: Insecticide, Herbicide, Fungicide, Other Applications

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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