Global Agricultural Surfactant Market - Growth, Trends and Forecasts 2017-2022
DUBLIN, September 18, 2017 /PRNewswire/ --
The "Global Agricultural Surfactant Market - Growth, Trends and Forecasts 2017 - 2022" report has been added to Research and Markets' offering.
BASF and Ecover are the two top surfactant manufactures who have ventured into the biosurfactant market. This would help both the companies to increase production and stabilize the prices of their products. The recent trend of a high demand for environment friendly surfactants has encouraged companies to increase their research in the field.
Dow Corning launched their new product- silicone surfactant, which enhances the performance of the active products in herbicides, insecticides, fungicides, foliar nutrients, and plant growth regulators, to provide effective crop protection. In the light of continuous market developments, the global agricultural surfactant market is poised to grow at a CAGR of 6.8% during the forecast period, from an estimated USD 1279.24 million in 2015.
Increased practice of protected agriculture, by means of precision farming, is the major factor driving the growth of the agricultural surfactant market. Growing concern over global food security, in accordance with increased cost of agriculture chemicals, has paved way for the use of agriculture surfactants. GM seeds, which ensure increased yield, and reduction in the use of agro chemicals and pesticides are restraining the growth of the market. Also, emphasis on sustainable farming and its increased practice is gradually slowing down the application of chemicals in agriculture. Growing demand from developing regions of Asia-Pacific and South America and the popularity of bio-based surfactant products are seen as the opportunity areas for the industry.
The agricultural surfactant market is classified by the product type, application type, type of substrates, crop application and by geography. By product type, the market is sub-segmented into anionic, non-ionic, cationic and amphoteric, of which non-ionic surfactants account for the largest market share, followed by anionic surfactants. The amphoteric segment is projected to grow at a faster CAGR during 2016-2021. By application, the market demand is led by herbicides segment, followed by fungicides. By substrates, surfactant market is divided into synthetic and bio-based; bio-based products are expected to have a higher demand in the future. By crop application, the industry demand is explained on the basis of crop and non-crop. Majority of the crop based demand comes from cereals and grains, while demand generation is expected to be more in fruits and vegetables, during the forecast period.
Companies Mentioned:
- Dow Chemical Company
- Evonik Industries
- BASF SE
- Akzonobel
- Solvay S.A.
- Wilbur-Ellis Company
- Croda International Plc.
- Huntsman
- Nufarm Limited
- Helena Chemical Company
- Air Products and Chemicals
- Kao Corporation
- Clariant
- Lamberti SPA
- Brandt Consolidated Inc.
- Interagro (Uk) Ltd
- Tanatex Chemicals B.V.
- Garrco Products Inc.
Key Topics Covered:
1. Introduction
2. Research Approach & Methodology
3. Market Overview
4. Market Segmentation
5. Competitive Landscape
6. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/skhv9s/global
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