Latin America Agricultural Disinfectants Market by Type (Hypochlorites & Halogens, Quaternary Ammonium Compounds & Phenols, Oxidizing Agents & Aldehydes, Others), Application Area (Surface, Aerial, Water Sanitizing), End Use (Livestock farms, Agricultural farms), Form (Liquid, Powder, Others), & by Region
The Latin America Agricultural Disinfectants Market had a market value of USD 0.27 billion in 2016 and is forecasted to exhibit a CAGR of 4.8% and reach USD 0.33 billion by 2021.
Agricultural Disinfectants are antimicrobial agents used to protect crops and livestock from various types of infections. Proper disinfection is needed to get good crop yield and for healthy livestock.
They are generally used in Agricultural Farms and Livestock farms.
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Some of the factors like increase in demand for animal products, development of vertical farming and greenhouse vegetable production and increasing number of diseases among livestock are driving the market. However, factors like high cost of disinfectants, lack of awareness about disinfectants in farmers are restraining the market.
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Latin America Market is segmented based on Type, Application Area, Form and End Use. Based on Type, market is segmented into Hypochlorites & Halogens, Quaternary Ammonium Compounds & Phenols, Oxidizing Agents & Aldehydes, Others.
Based on Application Area, market is segmented into Surface, Aerial, Water Sanitizing. Based on Form, market is segmented into Liquid, Powder, Others.
Based on End use, market is further segmented into Livestock farms, Agricultural farms. By type, Quaternary Ammonium Compounds & Phenols is increasing at the highest CAGR owing to the penetration power of phenol.
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Geographically, market is segmented into Brazil, Argentina and Mexico. This market is expected to show significant potential during the forecast period owing to the developing countries like brazil adopting innovative agricultural practices and animal husbandry.
Major players in the market are The Chemours Company, Zoetis, Nufarm Limited, The Dow Chemical Company, Neogen Corporation, Stepan Company, Thymox Technology, FINK TEC GmbH, Quat-Chem Ltd., and Entaco NV.
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