Global Agricultural Surfactants Market Report: Growth, Trends, and Market Drivers

The agricultural surfactants market is experiencing significant growth, according to a research report titled "Agricultural Surfactants Market by Type (Non-Ionic, Anionic, Cationic, Amphoteric), Application (Herbicides, Fungicides), Substrate Type, Crop Type (Cereals & Grains, Pulses & Oilseeds, Fruits & Vegetables), and Region - Global Forecast to 2028," published by MarketsandMarkets. In 2023, the market is estimated to be worth USD 1.7 billion, with a projected growth to USD 2.3 billion by 2028, representing a Compound Annual Growth Rate (CAGR) of 6.2% during this period. Several factors are driving this growth, including environmental concerns and the increasing global population.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=52947416

The report highlights the latest projections from the United Nations Population Division, which anticipate the global population reaching 8.5 billion in 2030, 9.7 billion in 2050, and 10.9 billion in 2080. With climate change and resource limitations becoming more apparent, the agricultural sector is under immense pressure to increase productivity sustainably. Agricultural surfactants play a crucial role in this by optimizing pesticide efficiency, reducing chemical usage, and minimizing environmental impact.

As the global population continues to rise, the demand for food production has surged substantially. Agricultural surfactants play a vital role in maximizing crop yields through efficient chemical delivery, helping the agricultural industry meet growing demands while conserving land and resources. Their contribution to precision agriculture aligns with the need to minimize ecological footprints, making them an essential component of modern agriculture.

Key Findings from the Report:

Cereals and Grains Lead in Crop Type: Cereals and grains accounted for the largest share of the agricultural surfactants market in 2023. Their extensive leaf surfaces require effective pesticide coverage, which surfactants provide. Additionally, these staple crops demand rigorous attention to yield optimization, and surfactants contribute significantly to enhancing yields in this category.

Non-Ionic Surfactants Dominate: Non-ionic surfactants held the largest market share in 2023. Their versatility and compatibility with various agrochemical formulations make them a preferred choice. They can function effectively across different pH levels, water qualities, and environmental conditions, ensuring consistent performance and efficacy while minimizing plant phytotoxicity.

Bio-Based Substrate Type Shows Growth: Bio-based surfactants are expected to exhibit the highest growth rate in the agricultural surfactants market. However, synthetic surfactants continue to dominate due to their well-defined chemical compositions, predictable performance, and specialized properties.

Asia Pacific Leads in Growth: The Asia Pacific region is experiencing rapid growth in the agricultural surfactants market. Populous and agriculturally active countries, coupled with the adoption of modern agricultural practices and increasing environmental concerns, are driving demand for surfactants to optimize pesticide efficiency.

Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=52947416

Key Players in the Market:

Major players operating in the agricultural surfactants market include CHS Inc. (US), BASF SE (Germany), Solvay (Belgium), Corteva Agriscience (US), Evonik (Germany), Croda International Plc (UK), Nufarm (Australia), CLARIANT (Switzerland), and Stepan Company (US).

In conclusion, the agricultural surfactants market is witnessing robust growth due to its critical role in enhancing agricultural productivity while minimizing environmental impact, aligning with the challenges posed by a growing global population and climate change. Cereals and grains, non-ionic surfactants, and the Asia Pacific region are key drivers of this growth.

View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/agricultural-surfactants-market-52947416.html

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

This release was published on openPR.