Press release
Agricultural Wetting Agents Market to Record CAGR of 6.5% Rise in Growth by 2028
Agricultural Wetting Agents Market
The Agricultural Wetting Agents Market is growing at an impressive rate, with a compound annual growth rate (CAGR) of 6.5% by 2028. Agricultural wetting agents are used in agricultural activities to enhance the wettability of soil and reduce the surface tension of water for better infiltration and uptake by plants.
The primary use of agricultural humectants is to allow water to penetrate and spread over a surface. Since the agricultural sector is highly dependent on crop production, wetting agents improve crop quality and promote growth at low rates. Agricultural humectants are used to increase plant productivity and efficiency.
Agricultural wetting agents are commonly used in combination with pesticides, fertilizers and herbicides to reduce surface tension and promote root growth. Agricultural humectants are also considered in the category of food additives, as they counteract the effects of dry environments and prevent food from drying out.
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According to the FAO, during crop production, agricultural humectants help alleviate wetting problems after crops are out of the protection of greenhouses or seedling production facilities. Increase in agricultural production in developing countries and application of surfactants to increase crop production is driving the demand for agricultural wetting agents.
In addition, effective crop yield and high yield requirements in the agricultural sector result in high demand for soil wetting agents, making agricultural wetting agents one of the prominent business opportunities globally.
Agricultural Wetting Agents Market - Market Dynamics
In the past few years, the demand for agricultural wetting agents in the agricultural industry has grown significantly due to the demand for high yield and mass production of crops. Technological advancements in the agricultural industry are also contributing to the increasing demand for agricultural wetting agents. The qualities associated with agricultural wetting agents such as reduced surface tension and dryness and increased crop yield are also expected to drive demand for them.
Today, the growing trend of bio-based crops is also increasing the demand for wetting agents that do not burn and can contribute to nutritional imbalances. In developing countries, governments are investing to provide a range of technologies to support farmers and increase crop yields. These initiatives are also expected to boost the growth of the agricultural wetting agents market over the forecast period.
Agricultural Wetting Agents Market: Segmentation
By product type
• Agua
• Solvent
• Powder based
By request type
• Crop protection
• Fertilizer
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Agricultural Wetting Agents Market: Regional Outlook
Asia Pacific is expected to account for a significant portion of the agricultural wetting agents market. According to FAO, Asia Pacific accounted for more than 15% of global food and agricultural exports in 2017 and holds one-fifth of global agricultural land. Owing to these positive statistics, the agricultural wetting agents market in Asia Pacific is expected to experience high growth. Europe followed by North America is estimated to gain major traction in the agricultural wetting agents market.
Growing agricultural production in European countries is expected to boost the demand for agricultural wetting agents over the forecast period. Many developing countries are agricultural-based countries. In agriculture, there are many field operations such as harvesting, planting, and weeding. In addition to all these tasks, chemical spraying with humectants is also an important task.
Central and South American countries such as Argentina and Brazil stand out in the agricultural export business. To ensure optimal crop conditions, farmers are turning to agricultural wetting agents. These factors are expected to boost the demand for agricultural wetting agents in Latin America. Japan and MEA are expected to show moderate growth in the agricultural wetting agents market.
Agricultural Wetting Agents Market - Key Players in the Market
Examples of some of the global agricultural wetting agents market participants identified along the value chain include:
• BASF SE
• Wilbur-Ellis Company
• Noupam Limited
• Brett Young Seeds Limited
• Dow Corning Corporation
• Huntsman Corporation
• Solvay SA
• supplements plus
• GarrCo Products Inc.
• Helena Chemical Company
• Interagro Co., Ltd.
• Momentive Performance Materials
• Tanatex Chemicals BV
• Winfield Solutions LLC
• Akzo Nobel Specialty Chemistry
• Croda International PLC
• Evonic industries
• Clarant international ltd.
The research report provides a comprehensive assessment of the market and contains in-depth information, facts, historical data, and statistically supported and industry-validated market data.
It also contains projections using appropriate assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, product type, and application type.
This report covers a comprehensive analysis of:
• Market segment
• Market dynamics
• Market size
• Offer and demand
• Current Trends/Issues/Challenges
• Competition and related companies
• Technology
• Value chain
Regional analysis includes:
• North America (USA, Canada)
• Latin America (Brazil, Mexico, Rest of Latin America)
• Western Europe (Germany, Italy, France, United Kingdom, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
• Eastern Europe (Poland, Russia, Rest of Eastern Europe)
• Southeast Asia and Pacific (India, ASEAN, Oceania)
• Japan
• Middle East and Africa (GCC Countries, S. Africa, N. Africa, Rest of MEA)
This report is a compilation of first-hand information from industry analysts, qualitative and quantitative assessments, and input from industry experts and industry participants across the value chain.
The report provides an in-depth analysis of key market trends, macroeconomic indicators and driving factors, as well as segment-based market attractiveness. The report also maps the qualitative impact of different market factors across market segments and geographies.
Highlights of the report:
• A detailed overview of the top markets
• Changing market dynamics of the industry.
• Deep market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• competitive landscape
• Strategies of major players and products offered
• Potential and niche segments, geographic areas with promising growth
• A neutral view of market performance
• Essential information for market participants to maintain and improve their market position
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