The global agricultural surfactant market is poised to cross US$ 1.8 billion in 2024 and is likely to attain a valuation of US$ 3.5 billion by 2034. The market is projected to expand at a CAGR of 6.5% from 2024 to 2034.
The demand for agricultural input is changing due to the rise in organic farming. Farmers aiming to obtain organic certification increasingly need bio-based and organic surfactants. Surfactant makers can benefit from diversifying their product portfolios and gaining market share in the premium organic category by entering the growing organic industry, leading to consistent revenue growth.
The agriculture sector’s sustainability movement is pushing the demand for green solutions. Ecofriendly agricultural surfactants are becoming more popular because of their improved agrochemical efficiency and less environmental effects. The implications for business include satisfying environmentally conscious consumers, fulfilling sustainability standards, and coordinating product offers with legislative requirements in order to build long-term brand loyalty and competitiveness in the market.
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Key Takeaways from the Agricultural Surfactant Market Report
- The non-ionic type segment is predicted to develop at a 6.4% CAGR through 2034.
- The herbicides application segment is expected to thrive at a 6.2% CAGR through 2034.
- The market size in the United States is projected to increase at a 6.6% CAGR through 2034.
- The market size in the United Kingdom is anticipated to develop at a 7.7% CAGR through 2034.
- The market size in Japan is estimated to surge at a 7.2% CAGR through 2034.
- The market size in South Korea is expected to thrive at a 7.5% CAGR through 2034.
“Businesses can benefit from creating initiatives to reduce the carbon footprint connected to the distribution and manufacturing of surfactants. Companies can focus on sustainability, fulfilling CSR requirements by using eco-friendly production techniques, streamlining transportation logistics, and offsetting carbon emissions,” Nandini Roy Choudhury, Client Partner at Future Market Insights
Key Players in the Agricultural Surfactant Market
- BASF SE
- Dow Inc.
- Croda International Plc
- Akzo Nobel N.V.
- Evonik Industries AG
- Nouryon
- Huntsman Corporation
- Clariant AG
- Solvay S.A.
- Helena Agri-Enterprises, LLC
- Stepan Company
- Wilbur-Ellis Company
- Lamberti S.p.A.
- Innospec Inc.
- WinField United (Land O’Lakes, Inc.)
These prominent figures in the business participate in calculated partnerships, mergers, and acquisitions to broaden their range of products, strengthen their position in the market, and improve their technological capabilities.
Recent Developments
- In January 2024, Bionema Group, a leader in sustainable biocontrol solutions for crop protection and plant health management, launched Soil-Jet® BSP100, a game-changing invention in the agriculture business. This innovative biodegradable surfactant has the potential to revolutionize agriculture by improving the performance of biologicals and agrochemicals while also enhancing plant health and growth.
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Agricultural Surfactant Market Segmentation:
By Type:
- Non-ionic
- Anionic
- Cationic
- Amphoteric
By Application:
- Herbicides
- Insecticides
- Fungicides
- Others
By Substrate:
- Synthetic
- Bio-based
By Crop Type:
- Cereals & Grains
- Oilseeds & Pulses
- Fruits & Vegetables
- Others
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific (APAC)
- Middle East & Africa (MEA)
- Japan
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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