Agricultural Surfactants Market

Market Leaders - Agricultural Surfactants Market

The agricultural surfactants market is estimated at USD 1.7 billion in 2023 and is projected to reach USD 2.3 billion by 2028, at a CAGR of 6.2% from 2023 to 2028.

The agricultural surfactants market is experiencing significant expansion due to a confluence of factors. First, the imperative to enhance crop yield and optimize resource utilization in the face of global food demand and climate variability is driving the adoption of advanced agricultural practices. Surfactants, by augmenting the efficacy of pesticides and facilitating targeted delivery, amplify the impact of agrochemicals, resulting in improved crop health and yield. Second, the rising demand for environmentally sustainable solutions aligns with the properties of surfactants, which often possess lower toxicity and higher biodegradability compared to conventional chemical agents. Third, ongoing research and innovation in surfactant technology are yielding formulations with enhanced effectiveness, boosting their attractiveness to farmers and agribusinesses. This expansion is further propelled by the incorporation of biosurfactants, aligning with the shift towards bio-based products. Overall, the growing recognition of surfactants as crucial tools in modern agriculture is underpinning their market expansion and future growth prospects.

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BASF SE (Germany)

BASFE SE is a key player in the agricultural surfactants industry. The company specializes in chemical manufacturing, featuring six distinctive segments in its portfolio: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition and care, and Agriculture Solutions. It provides solutions for a wide range of industries, including agriculture, automotive & transportation, chemicals, coating solutions, construction, electronics & electric, energy & resources, furniture & wood, home care, industrial & institutional cleaning, nutrition, packing & print, and pharmaceuticals, among others.

The company offers surfactants through its Chemicals segment. BASF AgChem additives division provides a wide range of inert components with excellent performance and proven success in the market. These components include surfactants, eco-friendly solvents, polymers, and specialty chemistries.

BASF has 11 operating divisions with 72 strategic business units. The company operates in over 91 countries and has 239 production sites worldwide.

Solvay (Germany)

Solvay provides chemicals, advanced materials, and innovative, sustainable goods and solutions. Its core segments are Materials, Chemicals, Solutions, and Corporate and business Services. The company serves agriculture & feed, food industry, automotive, aerospace, building, consumer goods, healthcare, electronics, resources, environment & energy, and industrial markets through these business segments. Solvay provides crop protection surfactants through its Solutions segment.

The company has 99 manufacturing locations in 61 countries and 12 research and innovation centers across North America, Europe, Asia Pacific, and Latin America.

Clariant (Switzerland)

Clariant develops, manufactures, distributes, and sells a wide range of specialty chemicals. It operates through four business segments, namely, care chemicals, catalysis, natural resources, and plastics & coatings. The company offers surfactants through its care chemicals segment. It provides various types of surfactants for crop care and personal care formulations. The company has operations in Europe, Asia Pacific, North America, Latin America, and the Middle East & Africa. It focuses on developing new products that are not only innovative but also sustainable to the environment. Hence, the company has successfully aligned 80% of its portfolio with the environmental sustainability criteria.

CHS Inc. (US)

CHS Inc. is a cooperative agribusiness owned by farmers and cooperatives across the United States. The company operates through various segments, including agronomy services, crop inputs, energy equipment, grain, lubricants, processing, propane, refined fuels, renewable fuels, and other services. The CHS Agronomy branch offers surfactants to provide crop protection and nutrient products. These surfactants are available through the crop protection segment of CHS Agronomy and are offered under various brands, such as Axon, Wheelhouse, Adium, Advatrol, Cedium Elite, and more. CHS primarily operates in North America but also in other regions, including South America, Asia Pacific, Europe, the Middle East, and Africa. The company distributes its products and crop inputs through wholesale and retail operations in over 450 communities and serves more than 140,000 customers across the US.

Nufarm (Australia)

Nufarm is primarily engaged in the production and marketing of agricultural chemicals and crop protection products. The company operates through two business segments—Crop Protection and Seed Technologies. The crop protection segment includes herbicides, fungicides, and insecticides. It offers agricultural surfactants through the crop protection segment. The company's diverse portfolio contains products designed to be used at various stages of the cropping cycle, from pre-planting to post-harvest.

The company operates in North America, Latin America, Europe, and Asia Pacific and has 11 manufacturing plants worldwide. Nufarm has marketing operations in more than 20 countries and product sales in over 100 countries across regions.

Related Reports:

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

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Agricultural Surfactants Market Size,  Share & Growth Report
Report Code
AGI 4045
RI Published ON
8/30/2023
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