Agricultural Surfactants Market is Expected to Clock a Notable A CAGR of 5.4% and Reach USD 2.36 Billion by 2032
Market Overview: The global agricultural surfactants market had a valuation of USD 1.40 billion in 2022, and it is projected to achieve a revenue compound annual growth rate (CAGR) of 5.4% during the forecast period. One of the primary drivers of market revenue growth is the increasing demand for crop protection products within the agriculture sector. Agricultural surfactants serve as adjuvants that enhance various surface-modifying capabilities of liquids, including emulsifying, dispersing, spreading, wetting, and more. They play a crucial role in improving the effectiveness of herbicides, especially when dealing with invasive weeds. By reducing the surface tension between herbicides and leaf surfaces, surfactants enable better coverage and absorption, ultimately driving market growth.
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Another significant factor contributing to revenue growth is
the rising demand for amphoteric surfactants. These surfactants exhibit
different responses depending on the pH of the solution and are commonly used
in agriculture as wetting agents and dispersants. They enhance the spreading
and penetration of pesticides and fertilizers, as well as aid in the dispersion
of solid particles in liquid formulations. Additionally, amphoteric surfactants
improve the soil-wetting properties of irrigation water, increasing water use
efficiency in agriculture.
Agricultural surfactants also play a crucial role in
agricultural water management by reducing water surface tension. This property
enhances soil water penetration and prevents runoff, which is particularly
valuable in regions with water scarcity or where water retention is vital for
plant growth.
Market Dynamics: Driver: Rising Demand for Green Solutions
The growing demand for environmentally friendly solutions in the agricultural
sector is a significant driver of market revenue growth. Biosurfactants,
produced by bacteria, yeasts, and fungi, are considered green surfactants due
to their reduced environmental impact. These biosurfactants have the potential
for commercial development in various industries, including pharmaceuticals,
cosmetics, and food. In agriculture, biosurfactants are used to eliminate plant
pathogens and improve nutrient bioavailability for beneficial microorganisms,
thereby enhancing soil quality through remediation.
Furthermore, there is an increasing demand for surfactants in
agriculture to improve the efficiency and performance of plant protection
treatments. Their ability to reduce input consumption rates by improving the
coverage and absorption of agricultural chemicals is a crucial aspect. For
example, Integrity BioChem (IBC) introduced TegraSurf, a renewable line of
water-based bio-based surfactants, which reduces the carbon footprint of
production without compromising product performance. These developments align
with the demand for greener and more sustainable solutions.
Restraint: Strict Restrictions on Synthetic Surfactants Usage One of the key constraints on market
revenue growth is that surfactants alone cannot treat unwanted vegetation or
pests; they enhance the efficiency of pesticide-active components.
Overapplication can harm desirable vegetation, necessitating the careful use of
surfactants when mixing with pesticides. Additionally, government regulations
impose strict restrictions on the usage of synthetic surfactants, leading to a
preference for eco-friendly alternatives among farmers who are increasingly
aware of the negative environmental impacts of synthetic chemicals.
Key Takeaways: Substrate Outlook: The global
agricultural surfactants market is segmented into synthetic and bio-based
substrates. The synthetic segment is expected to dominate and account for a
substantial revenue share during the forecast period. Synthetic surfactants are
in demand due to their ability to improve pesticide droplet attachment to plant
surfaces, reducing the risk of runoff or wash-off and increasing the efficiency
of chemical applications. This results in lower pesticide usage, reduced environmental
impact, and more effective pest control.
Type Outlook: Based on type, the market is segmented into non-ionic,
anionic, cationic, and amphoteric surfactants. The non-ionic segment is
anticipated to experience significant revenue growth due to its wide pH range,
compatibility with other surfactants, and a range of desirable properties,
including washing, dispersing, emulsifying, foaming, wetting, and solubilizing.
Non-ionic surfactants are used in various applications, contributing to their
revenue growth.
The anionic segment is also expected to grow rapidly, given
its effectiveness in removing oil and grime, making it suitable for use in
soaps and detergents.
Application Outlook: In terms of application, the market is segmented into
herbicides, insecticides, fungicides, and others. The herbicides segment is a
major contributor to market revenue. Surfactants play a crucial role in
herbicide formulations by reducing the surface tension of water, enhancing
spray droplet absorption, and improving chemical penetration into plant leaves.
This application is particularly important in cereal and grain production.
Regional Outlook:
- North
America: The
North American market accounted for the largest revenue share in 2022,
driven by increasing demand for crop protection products in agriculture
and the presence of key firms in the region. Collaborations between
companies, such as BASF and Corteva Agriscience, have contributed to
innovative solutions in soybean weed management.
- Asia
Pacific: This
region is expected to register significant revenue growth, driven by the
increased use of bio-based surfactants, precision farming applications,
and the need to protect crops from pests.
- Europe: The European market is expected
to grow steadily, primarily due to the need to improve crop yields and
agricultural productivity. Product launches by key players, such as
Wilbur-Ellis Company's EMBRECE-EA, have contributed to market growth.
Competitive Landscape: The global agricultural surfactants market is characterized
by consolidation, with a few key players operating on both global and regional
levels. These key players are actively engaged in strategic alliances to expand
their portfolios and gain a stronger foothold in the market. Notable companies
in the market include CLARIANT, BASF SE, DuPont, Solvay, Bayer AG, Nufarm
Canada, Huntsman International LLC, Croda International Plc, Helena
Agri-Enterprises, LLC, and Stepan Company.
For example, Nouryon formed a long-term cooperation with
Metsä Fibre to enhance its production capacity and manufacture sodium chlorate
using renewable energy. Such collaborations contribute to innovation and growth
in the market.
Segments Covered in the Report: The report offers historical data
and forecasts for revenue growth at global, regional, and country levels, along
with an analysis of market trends in sub-segments from 2019 to 2032. The market
is segmented based on substrate, type, application, crop type, and region.
Market Report Scope:
- Market
Size (2022):
USD 1.40 Billion
- CAGR
(2022 - 2032): 5.4%
- Revenue
Forecast (2032):
USD 2.36 Billion
- Segments
Covered:
Substrate Outlook, Type Outlook, Application Outlook, Crop Type Outlook,
Regional Outlook
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