#agrochemical market share

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Agrochemicals Market - Forecast (2024 - 2030)

The global agrochemical market revenue crossed $267.6 billion as of 2023 with a CAGR of 4% and will continue to leverage a better economy in the forecasted period 2024 to 2030. According to a finding of Proceedings of the National Academy of Sciences (PNAS) of the United States of America, pests and pathogens cost nearly $40 billion to the plants and forest crop production in the U.S. every year. This statistic is reflective of the need for agricultural chemicals such as insecticides, herbicides, fungicides, and pesticides on a large scale. The residential and commercial gardens are also affected by the resultant economic loss. As a result, they incorporate agrichemical sprays and fertilizers to eradicate pest issues along with promoting plant growth and crop yields significantly. APAC is a massively populated region; therefore, it relies on farming and cultivation practices to balance the increasing food consumption rate. However, the rise in infested agricultural fields is a major limitation to the regional agricultural economy. Ricepedia reports that Asia, alone, produces and consumes 90% of rice in the world. Asian agricultural countries use modern farming techniques with a stronghold in agronomy. Besides, there is a surge of government-subsidized agrichemical inputs available to the local farmers. All these collectively influence APAC’s contribution to the global agrochemical market. This resonates with the fact that APAC held a major regional share of 32.50% acquiring huge profit in the year 2023.

IndustryARC’s expertise highlights, “Increase in the number of invasive species is a perennial threat to the current agricultural productivity which majorly upheaves the global agrochemical market demand to eliminate the threat of crop loss.” Non-agricultural indoor plantations, residential gardening, nurseries, and others have subsequent involvement in the mounting agrochemical demand which is projected to grow at a CAGR of 3.86% during the forecast period of 2024-2030. Pests and diseases are a constant threat to wheat and maize cultivation throughout the world. Consequently, there is a greater dependency on pesticides, adjuvants, and fertilizers to inhibit the growth of pest infestation. Wheat and maize farming segment is evaluated to increase at 5.20% CAGR through to 2030 and is foreseen to expand largely over this period.

The agrochemicals market is increasingly influenced by the trend toward sustainable agriculture. This shift entails developing and using products that minimize environmental impact while maintaining agricultural productivity. This trend is driven by consumer awareness, regulatory pressures, and a broader societal push towards sustainable practices. Companies are focusing on eco-friendly fertilizers and pesticides, soil health, and water conservation methods. This shift also includes a greater emphasis on integrated pest management and reduced chemical use, balancing agricultural needs with ecological preservation.

Digital agriculture is revolutionizing the agrochemicals market by enabling more precise and efficient use of agricultural inputs. This trend involves leveraging technologies like AI, IoT, and big data analytics for targeted pesticide and fertilizer applications, minimizing waste and environmental impact. By providing farmers with real-time data on crop health, soil conditions, and weather patterns, digital tools help in optimizing resource use and decision-making. This technological integration not only boosts crop yields but also supports sustainable farming practices through informed agrochemical application.

Agrochemicals Market Growth Drivers:

Frequent incidences of new pests, pathogens, and weeds in farming, plantation, and residential gardening discovered in the past decade. Significantly, there is a huge requirement for effective agrochemicals for reducing economic and crop loss. Also, the application of chemical growth agents such as adjuvants and hormones helps in healthy crop yields. Consequently, the global agrochemical market experiences huge demand thereby gaining a lucrative economy.

While chemical pests and pathogen inhibitors pose a threat to ecological sustenance, organic agrochemicals are on the rise in modern farming across the world. There is a rise in the organic farming method owing to its suitability for regulating the spread and growth of agricultural pests and diseases. Concurrently, the increasing usage of natural pesticides and fertilizers provides a greater scope of opportunity for the global agrochemical market.

Agrochemicals Market Companies:

Bulk supply of agrochemicals throughout the world is facilitated by different companies such as The Mosaic Co., Agrium Inc., BASF SE, DowDuPont, Israel Chemicals, PI Industries, Bayer AG, Sumitomo Chemical Co., Syngenta AG, and Yara International. R&D investment for developing innovative techniques and products also complying with environmental sustainability and government regulations are key to the success of these market leaders.

Sumitomo Chemical Co. is a leading chemical product distributing company in Japan with a prime focus on petrochemicals and plastics, pharmaceuticals, health, and crop-related services. Their main involvement in the agricultural sector is promoted by crop protection chemicals which include insecticides, plant growth regulators, fungicides, herbicides, and so on.

[chemicalsmaterialsnews]

Agrochemical Market: Growing Global Demand for Agricultural Solutions

The global agrochemicals market is projected to be worth USD 301.5 billion by 2030, growing at a CAGR of 3.9%, according to P&S Intelligence. This development can be credited to the growing populace, which is propelling the need for food. Because of this, the demand for fertilizers among the agrarian community is growing in order to produce a higher volume of nutritious crops.

Growing Demand for Food, Propelled by Rising Population

According to the UN, in 2023, the population of the world is approximately 8.1 billion, and it is projected to cross 10 billion by 2030.

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Fundamentally, the populace growth will increase the requirement for manure, by putting the agricultural community under a strong burden to meet the growing need for food. Furthermore, the increasing usage of organic fertilizers to advance safety and effectiveness will propel the market.

During the projection period, the cereals and grains category is expected to experience the fastest development. This is mainly because these chemicals are utilized the most widely on cereals and grains, since crops such as rice might have a smaller yield and lower quantity of nutrients because of the bad quality of the soil.

APAC Is Largest Producer and Consumer of Agrochemicals

In 2022, APAC led the market, and the region is also projected to be in the top spot in the future. This is mainly because of the existence of a huge populace and key players in the region. Moreover, chemical businesses catering to the agricultural community are engaging in mergers, acquisitions, and collaborations to gain a larger foothold in the APAC region.

[mordormr]

The Growing Landscape of Australia’s Agrochemicals Market: Trends and Future Outlook

The Australia Agrochemicals Market Size is projected to reach a value of USD 7.31 billion in 2024, with expectations to grow to USD 8.64 billion by 2029. This growth reflects a compound annual growth rate (CAGR) of 3.40% over the forecast period from 2024 to 2029.

Market Overview

Australia’s agrochemicals industry encompasses a wide range of products, including fertilizers, pesticides, herbicides, and growth regulators. The sector is vital for enhancing agricultural productivity and ensuring that the country can meet its food production demands. In recent years, the Australian government has placed a strong emphasis on sustainable farming practices, which has led to a rise in the adoption of eco-friendly agrochemical solutions. This shift not only addresses environmental concerns but also aligns with global trends toward sustainable agriculture.

Key Growth Drivers

Technological Advancements The integration of technology in agriculture, such as precision farming and biotechnology, is revolutionizing how agrochemicals are used. Smart farming solutions allow for targeted application of fertilizers and pesticides, reducing waste and minimizing environmental impact. This shift enhances efficiency and boosts crop yields, making technology a cornerstone of growth in the agrochemicals market.

Sustainable Practices As consumers increasingly demand organic and sustainably sourced food, agrochemical manufacturers are innovating to create products that meet these needs. This includes developing biopesticides and biofertilizers, which are derived from natural sources and considered less harmful to the ecosystem. The trend towards sustainability is expected to continue shaping product offerings and market dynamics in the coming years.

Government Initiatives The Australian government supports the agrochemicals sector through various initiatives aimed at enhancing agricultural productivity and sustainability. Investments in research and development are encouraging the creation of more effective and environmentally friendly agrochemical products, further boosting market growth.

Rising Demand for Food Security With the global population projected to reach 9.7 billion by 2050, the pressure on food production systems is intensifying. In Australia, agrochemicals play a critical role in meeting the growing demand for food by maximizing agricultural output while ensuring crop health.

Conclusion

In summary, the agrochemicals industry in Australia is at a pivotal point, where innovation meets sustainability. With ongoing advancements and a focus on environmentally friendly solutions, the market is well-positioned to address the challenges of modern agriculture while contributing to food security and environmental stewardship. Stakeholders in the agricultural sector must remain agile, adapting to trends and consumer demands to thrive in this evolving landscape.

For a detailed overview and more insights, you can refer to the full market research report by Mordor Intelligence https://www.mordorintelligence.com/industry-reports/australia-agrochemicals-market  

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Ensuring Safety and Compliance: The Role of Agrochemical Additives 

Agrochemical Additives Market is projected to achieve a value of USD 1.86 Billion in 2023, with a linear behavior in the market growth it is forecasted to achieve a value of USD 2.64 Billion by 2033 with a CAGR of 4.5% during the forecast period 2024-2033. Research analysts use quantitative as well as qualitative analytical techniques to provide users, business owners, and industry professionals with accurate and actionable data.

The report includes an executive summary, global economic outlook, and overview sections which provide a consistent analysis of the Agrochemical Additives  market. Additionally, the report in the Market Overview section outlines PLC analysis and PESTLE analysis to provide a thorough analysis of the market. The overview section details Porter's five forces analysis which helps to reveal a possible scenario of the market by disclosing a competitive scenario with respect to the Agrochemical Additives  Market.

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 Key companies profiled in this research study are:

Aceto Corporation,

AkzoNobel N.V.

BASF SE

Bayer AG

BTC Europe GmbH

Clariant

Croda International

DowDuPont

DuSolo Fertilizers

Evonik Nutrition and Care GmbH

FMC Corporation

Harcros Chemicals

Heringer

Israel Chemicals Limited (ICL)

Jordan Abyad Fertilizers

and Chemicals Company

K+S KALI GmbH,

LEVACO Chemicals Lonza

Nufarm Ltd.,

Nutrichem Company Limited

Nutrient Ltd., OCI N.V.

PhosAgro, S.A OCP

Saudi Arabia Fertilizer Company (SAFCO)

Stepan Company

Syngenta AG, The Mosaic Company

UPL Limited

WinHarvest Pty Ltd

   Agrochemical Additives  Market Segmentation:

  Market, By Type

Adjuvants

Solvents

Emulsifiers

Surfactants

Anti-foaming agents

Wetting agents

Anti-caking agents

pH adjusters

Drift control agents

Others

  Market, By Application

Traditional Pesticides

Seed Treatment

Micronutrients and Fertilizers

Soil Health

Others

  Market, By Crop Type

Grains & Cereals

Fruits & Vegetables

Oilseeds & Pulses

Turf & Ornamentals

Others

 Market, By Form

Soil

Liquid

Agrochemical Additives Market Trends:

One significant trend powerful the market is precision agriculture. The demand for agrochemical additives that improve the precision and targeted delivery of pesticides and fertilizers has arisen as a result of the integration of new technology, such as digital agricultural tools and precision farming techniques. This movement is a reaction to the demands for reduced environmental impact, cost effectiveness, and optimal resource utilization.

In addition, the agrochemical additives sector is experiencing advancements in nanotechnology, as nano-sized additives are being investigated for their ability to boost agrochemical efficiency and bioavailability. More environmentally friendly farming methods can be facilitated by the regulated release, enhanced absorption, and decreased environmental impact that nanotechnology provides.

Key benefits of the report:

The leading players of the Agrochemical Additives industry, their market share, product portfolio, company profiles are covered in this report.

Key market players are analyzed on the basis of production volume, gross margin, market value, and price structure.

The competitive market scenario among Agrochemical Additives players will help the industry aspirants in planning their strategies.

The statistics presented in this report are an accurate and useful guide to shaping your business growth.

In order to identify the areas that require immediate investment, this report provides an analytical portrayal of the agrochemical additives market together with current trends and future projections. Together with a thorough study of the market share for agrochemical additives, the report includes information on the major drivers, obstacles, and opportunities in the industry. To illustrate the growth scenario for the agrochemical additives market, a quantitative analysis of the current market is conducted. Porter's Five Forces Analysis shows how powerful suppliers and buyers are in the market.

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Finally, Agrochemical Additives  Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report provides locales, economic conditions, item values, benefits, limits, creations, supplies, requests, market development rates, and numbers, etc. Agrochemical Additives  Industry Report Announces Additional New Task SWOT Examination, Speculation Achievement Investigation and Venture Return Investigation.

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Agrochemicals Products Market: Global Industry Analysis and Forecast 2023 – 2030

Global Agrochemicals Products Market Size Was Valued at USD 206.39 Billion In 2021 And Is Projected to Reach USD 288.48 Billion By 2028, Growing at A CAGR of 4.6 % From 2022 To 2028.

Any material used in agriculture, including synthetic fertilizers, herbicides, and insecticides, is referred to as an agrochemical. Most are chemical mixes consisting of two or more compounds; the inert ingredients stabilize, protect, or make the administration of the active ingredients easier while the active ingredients deliver the desired effects.

In regions like the Great Plains, agrochemicals have increased per-acre output by 200–300% since the 1930s when they were combined with other technological advancements like tractors, mechanical harvesters, and irrigation pumps. They are controversial subjects, as are the stability of the agricultural systems that use them and their long-term effects on the environment.

Farmers can grow more crops on an acre area for longer periods of time with the use of agrochemicals. By shielding crops from pests, diseases, and weeds, they guarantee a healthy yield. Because less land is required to produce rich yields, it also decreases the rate of deforestation, which is good for the environment. Furthermore, the land's pristine state is preserved.

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Updated Version 2024 is available our Sample Report May Includes the:

Scope For 2024

Brief Introduction to the research report.

Table of Contents (Scope covered as a part of the study)

Top players in the market

Research framework (structure of the report)

Research methodology adopted by Worldwide Market Reports

Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.

Leading players involved in the Agrochemicals Products Market include:

BASF SE, Bayer AG, Corteva Agriscience, Fengro Industries Corporation, FMC Corporation, Heringer Fertilizers SA, Israel Chemicals Ltd. (ICL), Jordan Abyad Fertilizers and Chemicals Company (Jafcco), K+S KALI GmbH, Nutrien Ltd., OCI NV, PJSC PhosAgro, Saudi Arabian Fertilizer Company (SAFCO), Syngenta International AG, The Mosaic Company, WinHarvest Pty Ltd, and Other Major Players 

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Segmentation of Agrochemicals Products Market:

By Type

Fungicides

Herbicides

Insecticides

Other

By Product Type

Fertilizer

Pesticides

Adjuvants

Plant Growth Regulators

By Application

Grains and Cereals

Pulses and Oilseeds

Fruits and Vegetables

Turf and Ornamental Grass

Other Non-crop-based

Market Segment by Regions: -

North America (US, Canada, Mexico)

Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

South America (Brazil, Argentina, Rest of SA)

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(1) A complete section of the Agrochemicals Products market report is dedicated for market dynamics, which include influence factors, market drivers, challenges, opportunities, and trends.

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(3) Players can use the competitive analysis provided in the report to build new strategies or fine-tune their existing ones to rise above market challenges and increase their share of the Agrochemicals Products market.

(4) The report also discusses competitive situation and trends and sheds light on company expansions and merger and acquisition taking place in the Agrochemicals Products market. Moreover, it brings to light the market concentration rate and market shares of top three and five players.

(5) Readers are provided with findings and conclusion of the research study provided in the Agrochemicals Products Market report.

Our study encompasses major growth determinants and drivers, along with extensive segmentation areas. Through in-depth analysis of supply and sales channels, including upstream and downstream fundamentals, we present a complete market ecosystem.

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Global Micronutrients Fertilizers Market Is Estimated To Witness High Growth Owing To Increasing Demand for Sustainable Crop Production

The global Micronutrients Fertilizers Market is estimated to be valued at US$2821.1 million in 2021 and is expected to exhibit a CAGR of 7.20% over the forecast period 2022-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Micronutrients fertilizers are essential for the growth and development of plants, as they provide essential minerals and elements necessary for optimal plant health. These fertilizers contain micronutrients such as iron, zinc, copper, molybdenum, manganese, and boron, among others. They are applied to crops either through foliar spray or soil application, ensuring that plants receive an adequate supply of essential nutrients. Micronutrients play a crucial role in various physiological and biochemical processes in plants, including photosynthesis, enzyme activation, and hormone synthesis. Micronutrients fertilizers offer several advantages to farmers, including improved crop yield, enhanced nutrient uptake efficiency, and increased resistance to diseases and pests. They also help in correcting nutrient deficiencies in the soil, which can negatively impact plant growth and productivity. With the rising global population and increasing demand for food, the adoption of micronutrient fertilizers is crucial to ensure sustainable crop production and meet the growing food requirements. Market Key Trends: One key trend driving the micronutrients fertilizers market is the increasing adoption of precision agriculture techniques. Precision agriculture involves the use of advanced technologies such as Global Positioning Systems (GPS), Geographic Information Systems (GIS), remote sensing, and data analytics to optimize agricultural practices. These technologies enable farmers to precisely apply micronutrient fertilizers based on crop needs, soil conditions, and yield goals. Precision agriculture helps in reducing nutrient wastage and improving fertilizer use efficiency, leading to cost savings for farmers. It also minimizes environmental impacts by preventing excess fertilizer runoff into water bodies and reducing greenhouse gas emissions. For example, in precision farming, farmers can use drones equipped with multispectral cameras that provide detailed information about crop health and nutrient deficiencies. This data can be used to create prescription maps for micronutrient application, ensuring targeted and efficient fertilizer use. PEST Analysis: Political: Governments across the globe are implementing agricultural policies and regulations to promote sustainable farming practices. This includes the promotion of micronutrient fertilizers to improve crop productivity and reduce nutrient deficiencies in soils. Economic: The increasing demand for high-quality food products and the need to enhance agricultural productivity are driving the adoption of micronutrient fertilizers. Farmers are willing to invest in these fertilizers to achieve higher yields and meet the growing consumer demand. Key Takeaways: - The global Micronutrients Fertilizers Market Share is expected to witness high growth, exhibiting a CAGR of 7.20% over the forecast period, due to increasing demand for sustainable crop production. - Regionally, Asia Pacific is expected to be the fastest growing and dominating region in the micronutrients fertilizers market. The region has a large agricultural sector and a growing population, driving the demand for improved crop productivity and quality. - Key players operating in the global micronutrients fertilizers market include Yara International ASA, BASF SE, The Mosaic Company, FMC Corporation, Nouryon Cooperatief UA, Nutrien Limited, Haifa Group, Valagro SpA (Syngenta Group), Coromandel International Limited, Sapec Agro SA, Auriga Group, ATP Nutrition Ltd, Wilbur-Ellis Company LLC, BMS Micro-Nutrients NV, and UPL Limited (Arysta Lifescience Corporation)

[pearlsmith25]

Agrochemicals Market To See Booming Growth and Development Opportunities by 2030

The agrochemicals market refers to the global industry involved in the production, distribution, and use of chemical products for agricultural purposes. Agrochemicals, also known as agricultural chemicals or crop protection chemicals, encompass a wide range of substances including fertilizers, pesticides, herbicides, insecticides, and fungicides. These chemicals are used to enhance crop yields, protect crops from pests and diseases, and improve overall agricultural productivity.

Here is a comprehensive overview of the agrochemicals market:

Market Size and Growth:

The agrochemicals market has experienced significant growth over the years due to increasing global population, expanding food demand, and the need to maximize agricultural productivity. The market size is influenced by various factors such as government policies, technological advancements, and the adoption of modern farming practices. According to recent reports, the global agrochemicals market was valued at over $200 billion in 2020, and it is expected to continue growing in the coming years.

Segmentation:

The market can be segmented based on product type, including fertilizers (nitrogenous, phosphatic, and potassic fertilizers), pesticides (herbicides, insecticides, fungicides), and others (adjuvants, growth regulators). Additionally, it can be categorized based on application areas such as crop-based (cereals, oilseeds, fruits and vegetables, etc.) and non-crop-based (turf and ornamentals).

Fertilizers:

Fertilizers play a crucial role in agrochemicals, providing essential nutrients to plants for their growth and development. Nitrogenous fertilizers are used to enhance plant growth, phosphatic fertilizers promote root development, and potassic fertilizers improve crop resistance to diseases and stress. The demand for fertilizers is driven by the need for increased agricultural output and nutrient management.

Pesticides:

Pesticides are substances used to control or eliminate pests, including weeds, insects, and diseases that can damage crops. Herbicides target unwanted plants (weeds), insecticides target harmful insects, and fungicides control fungal diseases. The growing need for pest control and crop protection drives the demand for pesticides.

Regional Market Trends:

The agrochemicals market exhibits regional variations in terms of consumption patterns and market dynamics. Major regions include North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Factors influencing regional markets include climate conditions, agricultural practices, government regulations, and economic factors.

Sustainability and Environmental Concerns:

The agrochemicals industry faces increasing scrutiny regarding its impact on the environment and human health. There is a growing emphasis on sustainable agricultural practices, integrated pest management, and reduced chemical usage. Manufacturers are developing environmentally friendly and biodegradable alternatives to traditional agrochemicals.

Key Players:

The agrochemicals market is highly competitive, with several major companies operating globally. Prominent players in the market include Bayer AG, Syngenta AG, BASF SE, Dow Chemical Company, and FMC Corporation. These companies invest heavily in research and development to introduce innovative products and technologies.

Regulations and Compliance:

Agrochemicals are subject to strict regulations and guidelines imposed by government bodies to ensure their safe and responsible use. Regulatory frameworks focus on product registration, labeling requirements, maximum residue limits, and environmental impact assessments.

Future Outlook:

The agrochemicals market is anticipated to witness continued growth due to population growth, increasing food demand, and the need for sustainable agriculture. Advancements in biotechnology, precision farming, and digital agriculture are expected to drive innovation in the industry.

Agrochemicals benefits:

Increased Crop Yield: Agrochemicals such as fertilizers, pesticides, and herbicides help improve crop productivity by providing essential nutrients to plants, controlling pests and diseases, and reducing weed competition. These inputs enable farmers to maximize their yields and produce more food from the available land.

Pest and Disease Control: Pesticides are designed to control or eliminate harmful pests and diseases that can damage crops. They help protect plants from insects, fungi, bacteria, viruses, and other pathogens, reducing crop losses and ensuring healthier harvests.

Weed Management: Herbicides are used to control weeds, which compete with crops for nutrients, water, and sunlight. By selectively targeting and eliminating weeds, herbicides help maintain the desired crop population, minimize yield losses, and improve overall farm efficiency.

Enhanced Nutrient Availability: Fertilizers provide essential nutrients, such as nitrogen, phosphorus, and potassium, which are necessary for plant growth and development. They replenish soil fertility, address nutrient deficiencies, and ensure that crops have access to the nutrients required for optimal health and productivity.

Improved Crop Quality: Agrochemicals can contribute to the improvement of crop quality by minimizing damage caused by pests, diseases, and weeds. By protecting crops throughout their growth cycle, agrochemicals help produce healthier, more uniform, and visually appealing fruits, vegetables, and grains.

Cost Efficiency: Agrochemicals offer cost-effective solutions for crop management. By protecting crops from pests, diseases, and weeds, they help reduce losses and increase overall farm profitability. Moreover, agrochemicals can be applied in a targeted manner, which minimizes waste and ensures optimal resource utilization.

Increased Food Production: With the world's population continuously growing, agrochemicals play a significant role in meeting the global demand for food. By improving crop productivity and preventing yield losses, agrochemicals contribute to increased food production and food security.

It's important to note that the use of agrochemicals should be done responsibly, adhering to recommended dosage, application guidelines, and environmental regulations. Appropriate handling, storage, and disposal practices should be followed to minimize potential risks and ensure the sustainable use of these agricultural inputs.

[industrynewsupdates]

Vertical Farming Market Recent Trends and Growth Analysis Report 2024 – 2030

The global vertical farming market size is expected to reach USD USD 24.95 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 20.1% from 2023 to 2030. Increased use of Internet of Things (IoT) sensors for producing crops is likely to spur market demand over the forecast period. Information obtained from the sensors is stored on the cloud and analyzed to perform the required actions. The growing automation in agriculture and increasing use of big data and predictive analytics for maximizing yields are also likely to drive the market.

Vertical farming is effective in ensuring stability in crop production and maintaining reliability even in adverse climatic conditions. It provides multiple benefits over the traditional farming technique, such as less use of water, the lesser need for agrochemicals, and low dependence on agricultural labor. Vertical farming makes use of metal reflectors and artificial lighting to maximize natural sunlight.

Genetically modified organisms and the environmental and health effects of pesticides and other non-natural substances that are used for increasing agricultural production have encouraged consumers to adopt organic foods. According to the Organic Trade Association, the U.S. organic industry sales increased by around 5% in 2019 owing to the increased investment in infrastructure and education. As per the Organic Foods Production Act of 1990, the handlers and growers of organic products need to comply with the regulations.

Gather more insights about the market drivers, restrains and growth of the Vertical Farming Market

Detailed Segmentation:

Market Concentration & Characteristics

The vertical farming market growth stage is high. The vertical farming market is witnessing a significant degree of innovation, marked by the adoption of advanced technologies such as sensors and cameras in order to enhance resource efficiency, increase yields, and address challenges such as limited space and environmental constraints. Also, technologies such as hydroponics, aeroponics, LED grow lights, and automation systems are commonly employed to enhance efficiency and crop quality.

Market Dynamics

The growth of the vertical farming market is attributed to factors such as steady population growth, government incentives, limited availability of cultivable land, and the increasing demand for high-quality and fresh food. Moreover, the increasing consumer demand for organic food is positively impacting the growth of the vertical farming market, creating favorable business opportunities. With consumers placing a higher value on organic products, vertical farming is a viable solution to meet this demand.

Component Insights

On the basis of components, vertical farming market is segmented into hardware, software, and services. The hardware segment accounted for the largest market share in 2022. Hardware plays a significant role in maintaining an environment in vertical farming. The segment is further categorized into lighting, hydroponic components, climate control, and sensors. The lighting segment led the market and accounted for more than 44.46% of global hardware revenue in 2022. A large share of the lighting segment can be attributed to the dependence of vertical farms on artificial lighting. Artificial lights provide sufficient light intensities required for crop growth. The climate control segment is expected to register the highest CAGR of 20.6% over forecast period. Increasing adoption of hydroponic components by farmers to minimize weight load and infrastructure needed to support equipment is anticipated to drive demand for hydroponic components.

Growing Mechanism Insights

The Hydroponics segment registered the largest market share in 2022 and is expected to remain dominant between 2023 and 2030. Hydroponics is a popular growth mechanism due to low installation costs and ease of operations. It is a method of growing plants without soil, where soil is replaced by mineral solution inserted around plant roots. Additionally, the hydroponics method removes the risk of soil organisms causing diseases.

Crop Category Insights

The fruits, vegetables, & herbs segment registered the largest market share in 2022 and is expected to remain dominant between 2023 and 2030. Increasing cultivation of commonly grown fruits and vegetables in vertical farming is driving segment growth. Crops grown in vertical farming provide maximum profit to companies involved in their cultivation. At the same time, vertical farming improves biodiversity as it does not cause land disturbances. As such, vertical farming is in high demand for growing different types of crops. Further, fruits, vegetables, & herbs are segmented into tomato, lettuce, bell, chili peppers, strawberry, cucumber, leafy greens (excluding lettuce), herbs, and others. Among which tomatoes segment led the market and accounted for more than 24.23% of global fruits, vegetables, & herbs revenue in 2022. 

Structure Insights

The shipping container segment dominated the market with a share of about 53.32% in 2022 and is expected to remain dominant between 2023 and 2030. This growth is attributed to the ability of structure to help grow crops irrespective of geographic location. One of the primary benefits of container-based farming is that container farms are easy to transport, and one doesn't require a large piece of land or dedicated building to start cultivating.

Regional Insights

In terms of revenue, Europe dominated the vertical farming market in 2022 with a share of approximately 31.7% and is expected to remain dominant between 2023 and 2030. Growing awareness regarding the importance of alternative farming owing to less availability of fertile agricultural land and increasing population in the region is the key factor anticipated to spur the demand.

Browse through Grand View Research's Next Generation Technologies Industry Research Reports.

• The global synthetic data generation market size was valued at USD 218.4 million in 2023 and is projected to grow at a CAGR of 35.3% from 2024 to 2030. 

• The global service virtualization market size was valued at USD 786.0 Million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 17.4% from 2024 to 2030. 

Key Companies & Market Share Insights

Some of the key players operating in the market include Agrilution GmbH; Aerofarm; Brightfarms Inc.; Everlight Electronics Co., Ltd; Freight Farms; GrowUp Urban Farms Ltd.; Green Sense Farms, LLC; Vertical Farm Systems.

• Vertical Farm Systems is engaged in the development of fully automated growing systems with reusable medium and energy efficient climate cells. The company utilizes artificial intelligence (AI) and automation for optimized growing conditions.

• Brightfarms Inc., is an indoor farming company that provides fresh packaged salad. The company sells their product locally that are grown in controlled environment. The company is inclined towards development of efficient vertical farming system with a focus on resource efficiency and sustainable practices.

Key Vertical Farming Companies:

• AeroFarms (U.S.)

• Illumitex, Inc. (U.S.)

• American Hydroponics (U.S.)

• Agrilution GmbH

• Brightfarms Inc.

• Everlight Electronics Co., Ltd.

• Freight Farms

• GrowUp Urban Farms Ltd.

• Green Sense Farms, LLC

• Vertical Farm Systems.

Vertical Farming Market Segmentation

Grand View Research has segmented the global vertical farming market report based on structure, growing mechanism, crop category and region

Vertical Farming Structure Outlook (Revenue, USD Million, 2017 - 2030)

• Shipping Container

• Building-based

Vertical Farming Component Outlook (Revenue, USD Million, 2017 - 2030)

• Hardware

o Lighting

o Hydroponic components

o Climate control

o Sensors

• Software

• Services

o System Integration & Consulting

o Managed Services

o Assisted Professional Services

Vertical Farming Growing Mechanism Outlook (Revenue, USD Million, 2017 - 2030)

• Hydroponics

• Aeroponics

• Aquaponics

Vertical Farming Crop Category Outlook (Revenue, USD Million, 2017- 2030)

• Fruits Vegetables, & Herbs

o Tomato

o Lettuce

o Bell & Chili Peppers

o Strawberry

o Cucumber

o Leafy Greens (excluding lettuce)

o Herbs

o Others

• Flowers & Ornamentals

o Perennials

o Annuals

o Ornamentals

• Others (Cannabis, Microgreens)

Vertical Farming Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

o U.S.

o Canada

o Mexico

• Europe

o Germany

o U.K.

o France

o Italy

o Spain

• Asia Pacific

o China

o Japan

o India

o Singapore

o South Korea

• South America

o Brazil

• Middle East and Africa (MEA)

Order a free sample PDF of the Vertical Farming Market Intelligence Study, published by Grand View Research.

Recent Developments

• In March 2023, BrightFarms, a pioneer in the indoor farming industry, is growing by establishing four additional regional greenhouse centers that introduce sustainably farmed leafy greens to a broader audience in the Eastern and Central United States. The newly built greenhouse centers are expected to meet the rising demand for organic food and initiate distribution to retailers by 2024. With this expansion, the company is expecting 10x revenue growth by 2024.

• In February 2023, AeroFarms and Public Investment Fund (PIF), a wealth funding body of Saudi Arabia, announced a joint venture to establish indoor vertical farms in the Middle East and Saudi Arabia.

[marketanalysisdata]

Ethoxylates Market 2030 Trends, Growth, Revenue, Outlook and Future Estimation

The global ethoxylates market, valued at USD 12.1 billion in 2023, is projected to grow at a compound annual growth rate (CAGR) of 2.9% from 2024 to 2030. This steady growth is driven by the expanding application of ethoxylates across a broad range of industries, including paints and coatings, textiles, personal care, agriculture, and pulp and paper. Additionally, demand is being fueled by the increasing use of low-rinse detergents, the expanding role of ethoxylates in healthcare, and the growing interest in eco-friendly products, particularly alcohol ethoxylates in cosmetics.

Ethoxylates are created through a chemical reaction between ethylene oxide (EO) and other substances, such as alcohols, acids, amines, and vegetable oils, typically in a controlled molar ratio. This synthesis results in ethoxylates with both hydrophobic (water-repelling) and hydrophilic (water-attracting) properties, enabling them to dissolve in oil or water depending on their composition. This versatility makes them valuable in reducing the surface tension between liquids or between a liquid and a gas. Ethoxylates are not only easily dissolved in water but also effective in formulations, offering high wetting properties and minimizing environmental impact on aquatic life.

In the detergent industry, alcohol ethoxylates stand out due to their ability to enhance foam formation, improve surface wetting, increase solubility, and offer strong degreasing properties. These characteristics make ethoxylated detergents particularly effective at removing grease and grime, which has increased their use in household and industrial cleaning products. With rising populations and growing disposable incomes, especially in developing nations, there is an increased demand for efficient laundry detergents. Additionally, higher usage of washing machines has spurred the popularity of liquid detergents, driving up the need for ethoxylated products in these applications.

Gather more insights about the market drivers, restrains and growth of the Ethoxylates Market

Regional Insights:

North America Ethoxylates Market Trends

North America’s ethoxylates market is poised for significant growth, fueled by increasing demand for cleaning and personal care products, particularly in the United States and Canada. The rising awareness of personal hygiene in the region is expected to sustain high demand for cleaning and sanitizing products. Additionally, the preference for detergents with low-foam and rinse-enhancing capabilities is contributing to the market’s revenue growth in North America, with a focus on sustainable cleaning solutions further driving market expansion.

United States

In the U.S., the ethoxylates market is projected to grow rapidly, underpinned by the country’s robust industrial framework. Major sectors, including manufacturing, chemicals, and oil and gas, are among the largest consumers of ethoxylates, using them in various industrial processes. With a rising focus on environmental responsibility, there is a growing demand for green products, and ethoxylates are increasingly considered more environmentally friendly alternatives to traditional surfactants. This trend aligns with both industry demands and consumer preferences in the U.S., further boosting market growth.

Asia Pacific Ethoxylates Market Trends

The Asia Pacific region held a dominant position in the global ethoxylates market, capturing a revenue share of 40.2% in 2023. A significant driver of this demand is the region’s rapidly evolving fashion industry, which has spurred a need for advanced textile materials. Ethoxylates play a crucial role in textile processing as they are used in lubrication, finishing, and dyeing applications. Furthermore, the booming agricultural industry in Asia Pacific is also increasing the demand for ethoxylates. Within this sector, ethoxylates are utilized in agrochemicals, highlighting potential growth opportunities as the agriculture industry continues to expand across the region.

China

In 2023, China led the ethoxylates market within Asia Pacific, supported by the nation’s strong industrial growth. This industrial expansion has increased demand for surfactants like ethoxylates across diverse sectors. Rising disposable incomes and an expanding middle class in China have boosted consumer spending on personal care, household care, and cleaning products, all of which rely heavily on ethoxylates. The Chinese government’s focus on economic growth and technological advancement has fostered a favorable environment for the ethoxylates industry, attracting investment and encouraging further sector development.

Europe Ethoxylates Market Trends

The ethoxylates market in Europe is anticipated to experience notable growth, driven by expanding applications in personal care, pharmaceuticals, household cleaning, and industrial cleaning sectors. Initiatives by national governments and the European Commission are expected to play a crucial role in reviving and supporting key sectors, particularly pharmaceuticals and agrochemicals, which are substantial consumers of ethoxylates. These regulatory efforts, combined with the desirable properties of ethoxylates, such as low toxicity and biodegradability, are likely to stimulate demand and drive growth in the European ethoxylates market over the forecast period.

Germany

Germany held a significant share of the ethoxylates market in Europe in 2023, primarily due to the high demand for alcohol ethoxylates in industrial and institutional cleaning applications. These applications drive substantial consumption of ethoxylates, with the country’s well-established manufacturing sector contributing further to demand. In industrial settings, ethoxylates are utilized in various goods, including lubricants, where they serve as corrosion preventatives and chemical thickeners. This established manufacturing infrastructure supports continuous demand for ethoxylates in Germany, reinforcing its position as a major consumer within the region.

Each of these regions is expected to see sustained or growing demand for ethoxylates across various industries, reflecting both economic growth and a rising focus on sustainable, high-performance chemical solutions across the globe.

Browse through Grand View Research's Category Organic Chemicals Industry Research Reports.

The global chlorinated polyethylene market size was valued at USD 641.7 million in 2023 and is projected to grow at a CAGR of 8.3% from 2024 to 2030.

The global acrylic acid market size was valued at USD13.66 billion in 2023 and is projected to grow at a CAGR of 4.1% from 2024 to 2030.

Key Companies & Market Share Insights

Leading companies in the ethoxylates market include BASF SE, Dow, Clariant, and Solvay. These companies employ various strategies to enhance their market positions, including implementing competitive pricing tactics to bolster yearly revenues and focusing on developing environmentally friendly products with low volatile organic compound (VOC) content, which is increasingly appealing to consumers.

Clariant: Clariant’s operations are divided into three core sectors: care chemicals, absorbents and additives, and catalysts. Care chemicals cater to consumer markets like personal care and household products, while the industrial segment extends to coatings, adhesives, and plastics. Clariant’s catalysts division supplies materials critical for petrochemical production and syngas plants, highlighting the company’s diverse application reach.

Solvay: Solvay specializes in a wide array of high-performance polymers, essential chemicals, and chemical materials, providing solutions for sectors ranging from aerospace and automotive to electronics, consumer goods, and healthcare. Solvay’s diverse clientele underscores the essential role ethoxylates and similar compounds play in supporting high-demand, specialized applications.

Through their strategic expansions, environmentally conscious product development, and diversified applications, these companies are well-positioned to capture growing demand across multiple industries, reflecting the essential role of ethoxylates in both consumer and industrial products.

Key Ethoxylates Companies

BASF SE

Dow

Clariant

Sasol

Huntsman International LLC.

Nouryon

Shell

Solvay

Stepan Company

Evonik Indutsries

Procter & Gamble

Akzo Nobel N.V.

Mitsui Chemicals India Pvt. Ltd

Arkemag

Order a free sample PDF of the Ethoxylates Market Intelligence Study, published by Grand View Research.

[mordormr]

A Deep Dive into the Agrochemicals Industry: Trends, Growth, and Challenges

Agrochemicals, which include fertilizers, pesticides, herbicides, and insecticides, play a critical role in modern agriculture. These chemical products are designed to enhance crop yield, protect plants from pests and diseases, and improve the overall quality of agricultural produce. With the global demand for food continuing to rise due to population growth, the agrochemicals industry is more important than ever. The agrochemicals market size is projected to be valued at USD 253.29 billion in 2024 and is anticipated to grow to USD 308.17 billion by 2029, with a compound annual growth rate (CAGR) of 4% over the forecast period (2024-2029).

Key Market Drivers

Rising Global Food Demand: As the world’s population continues to expand, so does the demand for agricultural produce. Agrochemicals are essential for increasing crop productivity to meet this growing demand, particularly in regions with limited arable land.

Technological Advancements in Agriculture: Innovations such as precision farming, biotechnology, and genetically modified organisms (GMOs) are boosting the efficiency of agrochemical use. These technologies help farmers apply chemicals more effectively, reducing waste and environmental impact.

Shift Towards Sustainable Agriculture: There is a growing focus on reducing the environmental impact of agrochemicals. Companies are investing in the development of eco-friendly products like bio-pesticides and organic fertilizers, which are less harmful to ecosystems.

Increasing Adoption of Integrated Pest Management (IPM): IPM is an approach that combines different methods, including biological controls and the judicious use of chemical pesticides. This method is gaining popularity as it helps reduce reliance on synthetic chemicals, thus promoting sustainable farming.

Government Initiatives and Support: Many governments around the world are supporting the agricultural sector through subsidies and policies that encourage the use of fertilizers and pesticides to increase food production. This is providing a positive outlook for the agrochemicals market.

Market Segmentation

The agrochemicals market can be segmented based on product type, application, crop type, and region:

By Product Type: Fertilizers, pesticides, herbicides, insecticides, bio-pesticides.

By Application: Crop protection, soil fertility enhancement.

By Crop Type: Cereals & grains, fruits & vegetables, oilseeds & pulses.

By Region: North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

Challenges in the Agrochemicals Market

Environmental Concerns: The excessive use of chemical fertilizers and pesticides has raised environmental concerns, including soil degradation, water contamination, and the destruction of biodiversity. This has led to stricter regulations on the use of certain agrochemicals, particularly in regions like Europe.

Stringent Regulatory Framework: The agrochemicals industry is highly regulated, with governments enforcing strict laws to ensure the safety of both the environment and human health. Compliance with these regulations can be costly for manufacturers and can slow down the development and launch of new products.

Rising Popularity of Organic Farming: As consumers become more health-conscious, the demand for organic produce is on the rise. This shift towards organic farming reduces the need for synthetic agrochemicals, creating challenges for the traditional agrochemical market.

Fluctuating Raw Material Prices: The prices of raw materials used in the production of agrochemicals, such as petroleum-based chemicals, are volatile. This affects the cost structure of agrochemical products and can impact profitability for manufacturers.

Regional Insights

Asia-Pacific: The Asia-Pacific region is the largest and fastest-growing market for agrochemicals, driven by its large population and the need to increase food production. Countries like India and China are major consumers of fertilizers and pesticides, with governments offering strong support to the agricultural sector.

North America: In North America, the focus is on developing more sustainable agricultural practices. While the demand for traditional agrochemicals remains strong, there is growing interest in bio-pesticides and organic farming solutions.

Europe: Europe’s agrochemicals market is heavily regulated, with strict environmental and health standards. As a result, there is a strong focus on sustainable farming practices and the use of bio-based agrochemicals.

Future Outlook

The future of the agrochemicals market is shaped by the balance between the need for increased food production and the growing demand for environmentally friendly and sustainable farming solutions. The industry is expected to see a rise in innovations, such as nanotechnology-based fertilizers, and the growing adoption of biopesticides and organic fertilizers.

While the market will continue to grow, manufacturers will need to adapt to evolving regulatory standards and the increasing shift towards sustainable agriculture. Investments in research and development, as well as partnerships with agricultural technology companies, will be key to driving future growth.

Conclusion

The agrochemicals industry plays a vital role in ensuring global food security by boosting agricultural productivity. However, as environmental concerns and regulatory pressures increase, the industry is transitioning toward more sustainable practices. With continued innovation and technological advancements, the agrochemicals market is well-positioned for growth, but companies will need to focus on sustainability to stay competitive in the long term.

For a detailed overview and more insights, you can refer to the full market research report by Mordor Intelligence https://www.mordorintelligence.com/industry-reports/agrochemicals-market  

[marketstudyreport]

Ethoxylates Market 2030 Size Outlook, Growth Insight, Share, Trends

The global ethoxylates market, valued at USD 12.1 billion in 2023, is projected to grow at a compound annual growth rate (CAGR) of 2.9% from 2024 to 2030. This steady growth is driven by the expanding application of ethoxylates across a broad range of industries, including paints and coatings, textiles, personal care, agriculture, and pulp and paper. Additionally, demand is being fueled by the increasing use of low-rinse detergents, the expanding role of ethoxylates in healthcare, and the growing interest in eco-friendly products, particularly alcohol ethoxylates in cosmetics.

Ethoxylates are created through a chemical reaction between ethylene oxide (EO) and other substances, such as alcohols, acids, amines, and vegetable oils, typically in a controlled molar ratio. This synthesis results in ethoxylates with both hydrophobic (water-repelling) and hydrophilic (water-attracting) properties, enabling them to dissolve in oil or water depending on their composition. This versatility makes them valuable in reducing the surface tension between liquids or between a liquid and a gas. Ethoxylates are not only easily dissolved in water but also effective in formulations, offering high wetting properties and minimizing environmental impact on aquatic life.

In the detergent industry, alcohol ethoxylates stand out due to their ability to enhance foam formation, improve surface wetting, increase solubility, and offer strong degreasing properties. These characteristics make ethoxylated detergents particularly effective at removing grease and grime, which has increased their use in household and industrial cleaning products. With rising populations and growing disposable incomes, especially in developing nations, there is an increased demand for efficient laundry detergents. Additionally, higher usage of washing machines has spurred the popularity of liquid detergents, driving up the need for ethoxylated products in these applications.

Gather more insights about the market drivers, restrains and growth of the Ethoxylates Market

Regional Insights:

North America Ethoxylates Market Trends

North America’s ethoxylates market is poised for significant growth, fueled by increasing demand for cleaning and personal care products, particularly in the United States and Canada. The rising awareness of personal hygiene in the region is expected to sustain high demand for cleaning and sanitizing products. Additionally, the preference for detergents with low-foam and rinse-enhancing capabilities is contributing to the market’s revenue growth in North America, with a focus on sustainable cleaning solutions further driving market expansion.

United States

In the U.S., the ethoxylates market is projected to grow rapidly, underpinned by the country’s robust industrial framework. Major sectors, including manufacturing, chemicals, and oil and gas, are among the largest consumers of ethoxylates, using them in various industrial processes. With a rising focus on environmental responsibility, there is a growing demand for green products, and ethoxylates are increasingly considered more environmentally friendly alternatives to traditional surfactants. This trend aligns with both industry demands and consumer preferences in the U.S., further boosting market growth.

Asia Pacific Ethoxylates Market Trends

The Asia Pacific region held a dominant position in the global ethoxylates market, capturing a revenue share of 40.2% in 2023. A significant driver of this demand is the region’s rapidly evolving fashion industry, which has spurred a need for advanced textile materials. Ethoxylates play a crucial role in textile processing as they are used in lubrication, finishing, and dyeing applications. Furthermore, the booming agricultural industry in Asia Pacific is also increasing the demand for ethoxylates. Within this sector, ethoxylates are utilized in agrochemicals, highlighting potential growth opportunities as the agriculture industry continues to expand across the region.

China

In 2023, China led the ethoxylates market within Asia Pacific, supported by the nation’s strong industrial growth. This industrial expansion has increased demand for surfactants like ethoxylates across diverse sectors. Rising disposable incomes and an expanding middle class in China have boosted consumer spending on personal care, household care, and cleaning products, all of which rely heavily on ethoxylates. The Chinese government’s focus on economic growth and technological advancement has fostered a favorable environment for the ethoxylates industry, attracting investment and encouraging further sector development.

Europe Ethoxylates Market Trends

The ethoxylates market in Europe is anticipated to experience notable growth, driven by expanding applications in personal care, pharmaceuticals, household cleaning, and industrial cleaning sectors. Initiatives by national governments and the European Commission are expected to play a crucial role in reviving and supporting key sectors, particularly pharmaceuticals and agrochemicals, which are substantial consumers of ethoxylates. These regulatory efforts, combined with the desirable properties of ethoxylates, such as low toxicity and biodegradability, are likely to stimulate demand and drive growth in the European ethoxylates market over the forecast period.

Germany

Germany held a significant share of the ethoxylates market in Europe in 2023, primarily due to the high demand for alcohol ethoxylates in industrial and institutional cleaning applications. These applications drive substantial consumption of ethoxylates, with the country’s well-established manufacturing sector contributing further to demand. In industrial settings, ethoxylates are utilized in various goods, including lubricants, where they serve as corrosion preventatives and chemical thickeners. This established manufacturing infrastructure supports continuous demand for ethoxylates in Germany, reinforcing its position as a major consumer within the region.

Each of these regions is expected to see sustained or growing demand for ethoxylates across various industries, reflecting both economic growth and a rising focus on sustainable, high-performance chemical solutions across the globe.

Browse through Grand View Research's Category Organic Chemicals Industry Research Reports.

The global chlorinated polyethylene market size was valued at USD 641.7 million in 2023 and is projected to grow at a CAGR of 8.3% from 2024 to 2030.

The global acrylic acid market size was valued at USD13.66 billion in 2023 and is projected to grow at a CAGR of 4.1% from 2024 to 2030.

Key Companies & Market Share Insights

Leading companies in the ethoxylates market include BASF SE, Dow, Clariant, and Solvay. These companies employ various strategies to enhance their market positions, including implementing competitive pricing tactics to bolster yearly revenues and focusing on developing environmentally friendly products with low volatile organic compound (VOC) content, which is increasingly appealing to consumers.

Clariant: Clariant’s operations are divided into three core sectors: care chemicals, absorbents and additives, and catalysts. Care chemicals cater to consumer markets like personal care and household products, while the industrial segment extends to coatings, adhesives, and plastics. Clariant’s catalysts division supplies materials critical for petrochemical production and syngas plants, highlighting the company’s diverse application reach.

Solvay: Solvay specializes in a wide array of high-performance polymers, essential chemicals, and chemical materials, providing solutions for sectors ranging from aerospace and automotive to electronics, consumer goods, and healthcare. Solvay’s diverse clientele underscores the essential role ethoxylates and similar compounds play in supporting high-demand, specialized applications.

Through their strategic expansions, environmentally conscious product development, and diversified applications, these companies are well-positioned to capture growing demand across multiple industries, reflecting the essential role of ethoxylates in both consumer and industrial products.

Key Ethoxylates Companies

BASF SE

Dow

Clariant

Sasol

Huntsman International LLC.

Nouryon

Shell

Solvay

Stepan Company

Evonik Indutsries

Procter & Gamble

Akzo Nobel N.V.

Mitsui Chemicals India Pvt. Ltd

Arkemag

Order a free sample PDF of the Ethoxylates Market Intelligence Study, published by Grand View Research.

[marketinsight1234]

Agrochemicals Products Market: Global Industry Analysis and Forecast 2023 – 2030

Global Agrochemicals Products Market Size Was Valued at USD 206.39 Billion In 2021 And Is Projected to Reach USD 288.48 Billion By 2028, Growing at A CAGR of 4.6 % From 2022 To 2028.

Any material used in agriculture, including synthetic fertilizers, herbicides, and insecticides, is referred to as an agrochemical. Most are chemical mixes consisting of two or more compounds; the inert ingredients stabilize, protect, or make the administration of the active ingredients easier while the active ingredients deliver the desired effects.

In regions like the Great Plains, agrochemicals have increased per-acre output by 200–300% since the 1930s when they were combined with other technological advancements like tractors, mechanical harvesters, and irrigation pumps. They are controversial subjects, as are the stability of the agricultural systems that use them and their long-term effects on the environment.

Farmers can grow more crops on an acre area for longer periods of time with the use of agrochemicals. By shielding crops from pests, diseases, and weeds, they guarantee a healthy yield. Because less land is required to produce rich yields, it also decreases the rate of deforestation, which is good for the environment. Furthermore, the land's pristine state is preserved.

Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @

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Updated Version 2024 is available our Sample Report May Includes the:

Scope For 2024

Brief Introduction to the research report.

Table of Contents (Scope covered as a part of the study)

Top players in the market

Research framework (structure of the report)

Research methodology adopted by Worldwide Market Reports

Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.

Leading players involved in the Agrochemicals Products Market include:

BASF SE, Bayer AG, Corteva Agriscience, Fengro Industries Corporation, FMC Corporation, Heringer Fertilizers SA, Israel Chemicals Ltd. (ICL), Jordan Abyad Fertilizers and Chemicals Company (Jafcco), K+S KALI GmbH, Nutrien Ltd., OCI NV, PJSC PhosAgro, Saudi Arabian Fertilizer Company (SAFCO), Syngenta International AG, The Mosaic Company, WinHarvest Pty Ltd, and Other Major Players 

If You Have Any Query Agrochemicals Products Market Report, Visit:

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Segmentation of Agrochemicals Products Market:

By Type

Fungicides

Herbicides

Insecticides

Other

By Product Type

Fertilizer

Pesticides

Adjuvants

Plant Growth Regulators

By Application

Grains and Cereals

Pulses and Oilseeds

Fruits and Vegetables

Turf and Ornamental Grass

Other Non-crop-based

Market Segment by Regions: -

North America (US, Canada, Mexico)

Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

South America (Brazil, Argentina, Rest of SA)

What to Expect in Our Report?

(1) A complete section of the Agrochemicals Products market report is dedicated for market dynamics, which include influence factors, market drivers, challenges, opportunities, and trends.

(2) Another broad section of the research study is reserved for regional analysis of the Agrochemicals Products market where important regions and countries are assessed for their growth potential, consumption, market share, and other vital factors indicating their market growth.

(3) Players can use the competitive analysis provided in the report to build new strategies or fine-tune their existing ones to rise above market challenges and increase their share of the Agrochemicals Products market.

(4) The report also discusses competitive situation and trends and sheds light on company expansions and merger and acquisition taking place in the Agrochemicals Products market. Moreover, it brings to light the market concentration rate and market shares of top three and five players.

(5) Readers are provided with findings and conclusion of the research study provided in the Agrochemicals Products Market report.

Our study encompasses major growth determinants and drivers, along with extensive segmentation areas. Through in-depth analysis of supply and sales channels, including upstream and downstream fundamentals, we present a complete market ecosystem.

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[chemanalystdata]

Dimethylaminopropylamine (DMAPA) Price | Prices | Pricing | News | Database | Chart

 Dimethylaminopropylamine (DMAPA) is a versatile chemical compound extensively used in various industrial applications, particularly in the production of personal care products, surfactants, and corrosion inhibitors. Understanding the dynamics of DMAPA pricing is crucial for industries that depend on it as a raw material, as fluctuations in its price can have a significant impact on overall production costs and profitability. The pricing of DMAPA is influenced by a combination of factors, including raw material costs, supply-demand balance, market competition, and regulatory considerations. As a derivative of propylene, the price of DMAPA is highly correlated with that of propylene, which serves as a key precursor. Consequently, changes in the cost of propylene, driven by fluctuations in crude oil prices, global supply chain disruptions, or variations in petrochemical production, can significantly affect DMAPA prices.

One of the key factors that influence the price of DMAPA is the availability of raw materials and their associated costs. As a derivative of propylene, DMAPA’s production cost is influenced by propylene prices, which are themselves subject to fluctuations based on crude oil markets and refinery operations. When there are disruptions in crude oil supply, prices may surge, leading to increased production costs for propylene derivatives, including DMAPA. Conversely, a decline in crude oil prices generally exerts downward pressure on propylene and subsequently on DMAPA prices. Another important consideration is the manufacturing cost of DMAPA itself, which is influenced by production efficiency and scale, as well as energy and labor costs. Producers who operate large-scale manufacturing facilities may have a cost advantage and can pass on savings to their customers.

Get Real Time Prices for Dimethylaminopropylamine (DMAPA) : https://www.chemanalyst.com/Pricing-data/dimethylaminopropylamine-dmapa-1610Global supply and demand dynamics also play a major role in determining DMAPA prices. In recent years, demand for DMAPA has been on the rise due to its use in applications such as personal care products, surfactants, agrochemicals, and water treatment chemicals. The personal care industry, in particular, has shown strong growth, driven by consumer demand for cosmetics, hair care, and skincare products. This has created a steady demand for DMAPA as an ingredient in formulations. Additionally, its use in fabric softeners, industrial cleaning agents, and epoxy curing agents further bolsters its market demand. Supply disruptions, whether due to natural disasters, geopolitical tensions, or maintenance shutdowns at production facilities, can significantly impact the availability of DMAPA, leading to price volatility. When demand outpaces supply, prices are likely to spike, while an oversupply situation can lead to a reduction in prices.

The competitive landscape of the DMAPA market also plays a critical role in influencing prices. The market comprises a mix of major global manufacturers and smaller regional producers. Large players typically have the advantage of economies of scale, robust distribution networks, and advanced production technologies. These advantages enable them to produce DMAPA more cost-effectively and potentially offer more competitive pricing. However, smaller regional players may differentiate themselves through localized production, offering quicker turnaround times and potentially lower transportation costs for nearby customers. This mix of competition can lead to varying pricing strategies across different regions. Price competition is particularly noticeable when there is a surplus in production capacity, leading to downward pressure on prices as suppliers compete for market share.

Regulatory developments also impact DMAPA pricing by affecting production and compliance costs. The chemical industry is subject to strict regulations related to environmental protection, worker safety, and product quality standards. Compliance with these regulations often involves additional costs related to waste disposal, emission control, worker training, and safety measures. Any changes or tightening of regulations can further influence the cost of DMAPA production, thereby affecting market prices. Conversely, regulatory incentives for adopting more sustainable production methods or reducing environmental impact may lead to innovations that reduce overall costs.

The pricing trends for DMAPA can be influenced by global trade dynamics, including tariffs, import-export restrictions, and trade agreements. Countries that produce DMAPA and its precursors may impose tariffs on exports to protect domestic industries or respond to geopolitical concerns. Such actions can create price volatility, especially in regions that are heavily reliant on imports. On the other hand, favorable trade agreements between key producing and consuming regions can lead to a more stable supply and favorable pricing.

Technological advancements and production innovations also play a part in influencing DMAPA prices. New manufacturing processes that improve yield, reduce energy consumption, or minimize by-product formation can lead to cost savings for producers, which may ultimately be reflected in market prices. Additionally, the adoption of more sustainable and environmentally friendly production methods can lead to changes in pricing, as customers and regulatory bodies increasingly prioritize green chemistry solutions. Companies investing in research and development to improve production efficiencies are likely to gain a competitive edge by offering lower-cost DMAPA.

Macroeconomic factors such as inflation, currency exchange rates, and overall economic growth can also influence DMAPA prices. Inflation leads to higher input costs across the board, from raw materials to labor, potentially raising production costs. Fluctuations in currency exchange rates can affect the pricing of imports and exports, particularly in countries that rely on importing DMAPA or its key inputs. A strong economy generally boosts industrial and consumer demand for products that use DMAPA, contributing to increased demand and potentially higher prices. Conversely, during periods of economic downturn, demand may weaken, leading to price declines.

In summary, DMAPA prices are subject to a complex interplay of factors, including raw material costs, supply-demand dynamics, market competition, regulatory frameworks, and macroeconomic conditions. The interaction of these elements determines the cost of production, market supply levels, and overall price trends in both domestic and international markets. Stakeholders in industries that depend on DMAPA must stay informed of these factors to optimize their procurement strategies and maintain competitive pricing structures.

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