Global Soil Wetting Agents Market, By Form (Liquid, Granular), Application (Turf Care, Agriculture), End Use Products (Crop Protection Products, Insecticides, Pesticides, Fungicides, Fertilizers as N (Nitrogen), P (Phosphorous), K (Potassium)), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights Global Soil Wetting Agents Market
Data Bridge Market Research analyses that the soil wetting agents market will project a compound annual growth rate (CAGR) of 6.50% during the forecast period of 2022-2029 and is likely to reach the USD 47.41 billion by 2029.
Soil wetting agents include surfactants which result in decreasing the surface tension of the water. Surfactants do not change the repellence of soil water and also assist the water to enter repellent soil easily. The essential factor responsible for the maintenance of turf grass in dry seasons includes the effective moisture management. The formulation process of wetting agents involves active components which employ the penetration of wetting agent into the soil.
The rise of the soil wetting agents market is fuelled by the substantial utilization of these agents in turf care applications. Rapid urbanization and high adoption rate of precision as well as protected farming will accelerate the market’s growth. The rising demand from various end-use industries will flourish the growth rate of soil wetting agents market. Furthermore, the enhanced plant growth, yield and quality of crops will bolster the growth rate of soil wetting agents market. Another significant factor includes the rise in commercial agriculture will further cushion the market’s growth rate. Other factors such as increasing population and upsurge in the demand for high quality fertilizers will positively impact the growth rate of soil wetting agents market.
Moreover, strong progress in new and emerging markets and growing usage of bio-based soil wetting agents will further create lucrative and remunerative growth opportunities for the soil wetting agents market. Additionally, government measures for the most efficient use of water resources in agriculture and high adoption of developed farming techniques in developing economies will further propel the new growth opportunities in the future year.
However, high initial investments and a lack of awareness about soil moisture in farmers will derail the soil wetting agents market’s growth rate. Also, rise in environment concerns will pose major challenges to the growth of the market. Negative impact of COVID-19 on supply chain will act as major market restrain and further hinder the growth rate of soil wetting agents market.
This soil wetting agents market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on soil wetting agents market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Soil Wetting Agents Market Scope and Market Size
The soil wetting agents market is segmented on the basis of form, application, and end use products. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of form, the soil wetting agents market is segmented into liquid and granular.
- On the basis of application, the soil wetting agents market is segmented into turf care and agriculture.
- On the basis of end use products, the soil wetting agents market is segmented into crop protection products and fertilizers. Crop protection products segment is further sub-segmented into insecticides, pesticides and fungicides. Fertilizers segment is further sub-segmented into N (nitrogen), P (phosphorous) and K (potassium).
Soil Wetting Agents Market Country Level Analysis
The global soil wetting agents market is analyses and market size, volume information is provided by country, form, application, and end use products as referenced above.
The countries covered in the soil wetting agents market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America dominates the soil wetting agents market and will continue to flourish its trend of dominance during the forecast period owing to the rising urbanization and increasing demand in various products in this region. Asia-Pacific is expected to score the highest CAGR because of the increasing adoption of better farming practices in this region.
The country section of the soil wetting agents market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Soil Wetting Agents Market Share Analysis
The soil wetting agents market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to soil wetting agents market.
Some of the major players operating in the soil wetting agents market are Nufarm Canada, MD BIOCOALS Pvt. Ltd., Grow More Inc., Milliken & Company, Geoponics Corp., BASF SE, BRETTYOUNG, Wilbur-Ellis Holdings, Inc., ADS Agrotech Pvt. Ltd., Seasol, ALAsia Chemical, Chinadrip Irrigation Equipment Co., Ltd., and Iota Silicone Oil (Anhui) Co., Ltd., among others.
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