Global Agricultural Surfactants Market 2018-2022 | Inclination Toward Bio-based Surfactants to Boost Growth | Technavio
The global agricultural surfactants market is expected to post a CAGR of
over 6% during the period 2018-2022, according to the latest
market research report by Technavio.
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Technavio has published a new market research report on the global agricultural surfactants market from 2018-2022. (Graphic: Business Wire)
A key factor driving the growth of the market is the growing demand for
food due to rising population. The rapidly increasing worldwide
population is a major concern for global food security and agriculture
development. Population growth leads to more demand for food globally,
and the shrinking arable land due to urbanization and industrialization
creates a growth opportunity for agriculture surfactants to enhance the
per hectare yield. The concern for food security is rising as the global
demand for food is likely to surpass its supply in the coming years.
Land scarcity and food insecurity are worsened by the growing demand for
meat and other land-intensive foods, such as processed foods using soy
and palm oil.
This market research report on the global
agricultural surfactants market 2018-2022 also provides an
analysis of the most important trends expected to impact the market
outlook during the forecast period. Technavio classifies an emerging
trend as a major factor that has the potential to significantly impact
the market and contribute to its growth or decline.
This report is available at a USD 1,000 discount for a limited time
only: View
market snapshot before purchasing
In this report, Technavio highlights the inclination toward bio-based
surfactants as one of the key emerging trends in the global agricultural
surfactants market:
Global agricultural surfactants market:
Inclination toward bio-based surfactants
With the growing concern about the toxic effects of the petroleum-based
surfactants and increasing crude oil prices, the demand for bio-based
surfactants or biosurfactants is increasing at a steady rate.
Biosurfactants, mainly derived from natural resources such as vegetable
oil, palm oil, yeast, bacteria, and other resources, exhibit excellent
wettability, low toxicity, environment-friendly nature, and high
dispersing ability.
“Biosurfactants are used for the hydrophilization of heavy soils to
obtain good wettability and to achieve even distribution of fertilizers
in the soil. They also prevent the caking of certain fertilizers during
storage and promote the spreading and penetration of the toxins in
pesticides. Biosurfactants are biodegradable. They break down and
provide essential nutrients to the agriculture soil, thus enhancing
plant growth and plant-microbe interaction that is beneficial to the
plant,” says a senior analyst at Technavio for research on specialty
chemicals.
Global agricultural surfactants market:
Segmentation analysis
This market research report segments the global agricultural surfactants
market by product (non-ionic, anionic, cationic, and amphoteric) and
geographical regions (APAC, EMEA, and the Americas).
The non-ionic segment held the largest market share in 2017, accounting
for nearly 44% of the market. This product segment is expected to
dominate the global market throughout the forecast period.
APAC led the market in 2017 with a market share of nearly 43% of the
market share. The market share occupied by this region is anticipated to
increase during 2018-2022.
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