Published: Apr, 2018
The global agricultural disinfectant market is dominated chiefly by The Dow Chemical Company and The Chemours Company. Companies within the market are joining hands so as to carry out combined research endeavours for achieving their goals, states Transparency Market Research (TMR) in a research report. The global agricultural disinfectant market is anticipated to be worth US$2.5 bn by 2024.
On the basis of premise of form, this market is segmented into powder and liquid. The liquid agricultural disinfectants is expected to expand at a 4.9% CAGR between 2016 and 2024. The land segment led the market for agricultural disinfectant and is anticipated to continue to expand at a rapid rate throughout the forecast period. On the basis of geography, the market is anticipated to witness fastest expansion in Asia Pacific, exhibiting a 5.6% CAGR from 2016 to 2024. In terms of end use, the market is led by livestock farms, followed by agricultural farms.
Rising Emphasis on Routine Cleanliness to Fuel Demand for Agricultural Disinfectants
The growing emphasis on routinely cleanliness and the use of powerful disinfectants is boosting the demand for agricultural disinfectants. The rising need to sterilize or remove harmful organisms so as to ensure complete food security will drive the growth of the global agricultural disinfectants market. Advanced technological developments in agriculture making vertical farming and green house production of fruits and vegetables possible will also fuel the growth of the global agricultural disinfectants. The use of disinfectants on livestock will also bolster the demand for agricultural disinfectants. “The high increase in the consumption of meat is behind the growth of this market,” states a TMR analyst. Moreover, the growing incidences of diseases among the livestock population will boost the demand for agricultural disinfectants.
Lack of Knowledge on Proper Use of Agricultural Disinfectants to Hamper Growth of Market
The growing population and with it, the rising demand for food will boost the market’s growth as disinfectants assure crop protection. On the downside, the market is expected to witness resistance in terms of lack of knowledge on how to best use the disinfectants. The belief that agricultural disinfectants will also impact the plants will hamper the growth of the market. The cost of disinfectants could also be an issue among farmers from under-developed nations, especially those who are poor.
The review presented here is based on the findings of a TMR report, titled, “Agricultural Disinfectant Market (Form - Liquid, Powder, Gels, and Granules; Application - Land, Water Sanitizing, and Aerial; End Use - Agricultural Farms and Livestock Farms) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024.”
Global Agricultural Disinfectant Market, by Forms
- Others(Gel, Granules)
Global Agricultural Disinfectant Market, by Application
- Water Sanitizing
Global Agricultural Disinfectant Market, by End Use
- Agricultural Farms
- Livestock Farms
Global Contact LensMarket, by Geography
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- Rest of APAC
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East & Africa
“Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.”
US Office Contact