Agricultural Disinfectants Market to grow at a CAGR of 4.2%

Reports And Markets Publish a New Market Research Report On –"Agricultural Disinfectants Market - Growth, Trends, and Forecasts (2017 - 2022)"

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Market Insights

The global agricultural disinfectants market is expected to grow at a CAGR of 4.2% during the forecast period (2017 - 2022). The market accounted for sales of USD XX million in 2015 and is projected to reach USD XX million by 2021. Agricultural disinfectants are used on crops and livestock for their protection against microbial infection (bacteria, virus, fungi, etc.). Some of the major players in this market, such as Nutri-Tech Solution and Protek, have introduced new products in the segment. Nutri-Tech has claimed their new product, “Path-X” to be revolutionary in pathogen control, using the patented Quaternary Ammonium Compound.

The agricultural disinfectants market has many large- and small-scale firms. New product developments, agreements, and investments are the key strategies adopted by market players to ensure their growth in this market.

Market Dynamics

The global market for agricultural disinfectants is driven by several factors including an increase in demand for animal products, the emergence of greenhouse vegetable production, rising incidence of disease outbreaks among livestock, and ban on antibiotics in animal feed. Whereas, the harmful effects and lack of awareness about disinfectants among farmers and its low adoption rate are proving to be major restraints for the industry.

The Asia-Pacific region, though being the fastest-growing market, has not been tapped enough by many players in the industry. The emerging markets in the region, such as China and India, have a lot of potential for growth, hence offering a great scope for business expansion and opportunity.

Market Segmentation

The global market for agricultural disinfectants can be segmented by type, end-use, form, application area, and geography.

By type, agricultural disinfectants are segmented into hypochlorites & halogens, quaternary ammonium compounds & phenols, oxidizing agents & aldehydes, and others (alcohols and acids). The quaternary ammonium compounds & phenols segment, which is projected to grow at the highest CAGR during the forecast period, accounted for the largest market share in 2015, followed by the oxidizing agents & aldehydes segment.

By application, the surface segment accounted for the largest share of the global agricultural disinfectants market in 2015. This section of disinfectants is used to disinfect and remove dirt, dust, manure, and other unwanted materials from the surface of wooden, painted, and concrete surfaces in greenhouses and other crop production facilities.

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By end-use, the agricultural disinfectants market is segmented into livestock farms and agricultural farms. Disinfectants are used by livestock farmers on newborn animals that are highly vulnerable to diseases and infections, due to their immature immune systems.

By their form, agricultural disinfectants are segmented into liquid, powder, and others (granular and gel). Liquid agricultural disinfectants are gaining popularity as they are of low-cost, less visible on the treated surfaces, and can be applied easily. This sub-segment is projected to grow at the highest CAGR during the forecast period.

Major companies in the sector include:

The Chemours Company

Zoetis

Nufarm Limited

Stepan Company

The Dow Chemical Company

Neogen Corporation

Fink TEC

Quat-Chem Ltd.

Thymox Technology

Entaco NV

Recent Industry Insights

“One of the major players in the market, the Chemours Company, completed the sale of its Clean Disinfect business (part of its Chemical Solutions segment) for USD 230 million in cash, on August 31, 2016.”

Key Deliverables in the Study

Market analysis for the global agricultural disinfectants market with competition analysis.

Market overview and identification and analysis of the macro and micro factors that affect the global agricultural disinfectants market.

Extensively researched competitive landscape section with profiles of major companies and their market share, along with an analysis of their current strategic interests and financial information and strategies adopted by them to sustain and grow in the studied market.

The report holds importance for the following stakeholders-

Producers and manufacturers

Agricultural input companies

Enterprises operating in the industry

Traders and stakeholders operating in the sector

Investors/research institutions interested in the market

Customization Options:

Supply chain analysis

Regulatory framework

Trade analysis

Trend analysis

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