Agricultural Surfactant Market: Trends, Opportunities, and Growth Forecast

The global agricultural surfactant market is expected to surpass USD 1.8 billion in 2024 and reach approximately USD 3.5 billion by 2034. Driven by a compound annual growth rate (CAGR) of 6.5% between 2024 and 2034, the market is set for robust expansion over the forecast period.

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

Have a Look at the Related Reports of the Food and Beverage Domain:

Agricultural Adjuvant Market: https://www.futuremarketinsights.com/reports/agriculture-adjuvants-market

Blockchain In Agriculture Market: https://www.futuremarketinsights.com/reports/blockchain-in-agriculture-market

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This release was published on openPR.