Theglobal agricultural surfactants market size is expected to showcase
significant growth by reaching USD 1,927.5 million by 2027 while exhibiting a
CAGR of 5.1% between 2020 and 2027. The growth is attributed to the increasing
population rate and the growing demand for crop protection that is driving the
adoption of advanced agricultural surfactants globally. This information is
published by Fortune Business Insights, in its latest report.
Limited Availability of Agrochemical Supplies to Hamper GrowthProspects
Thelockdown amid the novel coronavirus announced by the government agencies have
halted several industrial operations globally. This has led to major supply
chain disruption being experienced by the agriculture sector. Additionally, the
limited availability of agrochemical supplies is likely to affect the market
growth leading to several problems faced by the farmers. However, lifting off
some restrictions is likely to aid the growth of the market in the forthcoming
years.
Agriculturalsurfactants are additives that are widely adopted in the agriculture sector to
improve the effectiveness of the pesticides. They are further used to
efficiently and effectively obtain superior crop yield and manage better crop
protection. The growing demand for food is propelling the manufacturers to
develop advanced agricultural surfactants globally.
What does the Report Include?
Themarket report includes qualitative and quantitative analysis of several factors
such as the key drivers and restraints that will impact growth. Additionally,
the report provides insights into the regional analysis that covers different
regions, which are contributing to the growth of the market. It includes the
competitive landscape that involves the leading companies and the adoption of
strategies by them to announce partnerships, introduce new products, and
collaboration that will further contribute to the growth of the market between
2020 and 2027. Moreover, the research analyst has adopted several research
methodologies such as Porter’s Five Forces analysis to extract information
about the current trends and industry developments that will drive the market
growth during the forecast period.
SEGMENTATION
Anionic Segment Held 35.42% Market Share in 2019
Theanionic segment, based on type, held a market share of about 35.42% in 2019 and
is expected to gain momentum backed by the surging adoption of anionic
agricultural surfactants owing to their ability to release surface tension in
liquids to promote better spread of agricultural chemicals.
