Arab & Middle East News
(ARABNEWSWIRE.COM, November 01, 2018 ) Overview:
Agriculture surfactants are the added substances utilized as a part of agrochemical methods to enhance the improving of farming pesticides. Farming surfactants reduce the surface pressure of water in the spraying solution of pesticides, and in this manner it enhances the wettability, penetration on the leaf surface maintenance, and spreading capacity. They are implemented in the harvest by adding to the pesticides methods, for example, herbicides, bug sprays, fungicides, foliar supplements, and plant development controllers to give successful yield growth.
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Middle East Africa Agricultural surfactants Market size was around USD 61 Million in 2018. It is expected to grow at a CAGR of 6.8% to reach USD 83 Million by 2023.
Drivers and Restraints:
Factors driving the market are increased food demand because of rise in population, increasing awareness about use of chemicals in agriculture and equipments such as tractors, dusters, sprayers, development of advanced techniques in farming techniques. However health concerns and possibility of pesticide drift are the restraints of the market.
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The Middle East Africa Agricultural surfactants market has geographically segmented into Middle East and Africa. This region’s small market share can be owed to factors like poverty, civil wars and refugee crisis. Factors such as high rate of adoption of new technologies so that the productivity of farm operations can be improved and costs can be cut down and rise in food demand is expected to drive this industry’s growth in the region.
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Major companies in the market are Evonik Industries AG (Germany), Akzonobel N.V. (The Netherlands), The Dow Chemical Company (U.S.), BASF SE (Germany) and Solvay S.A (Belgium) among others.
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