The soil wetting agents market is projected to grow at a CAGR of 6.20% from 2015 to reach USD 129.5 Million by 2020. The primary factors driving this market are the increasing application in turf care as a penetrant and humectant, and adoption of precision farming and protected agriculture. The growing turf care application, especially in North America and Europe, drives the market at a high rate. Protected agriculture is mainly practiced in greenhouses and nurseries, and ornamental horticulture. The intensive use of agrochemicals in protected agriculture drives the use of soil wetting agents, which further propels the growth of this market.
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The report "Soil Wetting Agents Market by Form (Liquid and Granular), Application (Turf Care and Agriculture), End-Use Products (Crop Protection Products and Fertilizers) & Region (North America, Europe, Asia-Pacific, Latin America and Row) - Global Forecasts to 2020", The soil wetting agents market, estimated to be valued at USD 95.86 Million in 2015, to reach USD 129.50 Million by 2020, is projected to grow at a CAGR of 6.20% from 2015 to 2020.
Browse 76 market tables and 43 figures spread through 127 pages and in-depth TOC on "Soil Wetting Agents Market by Form (Liquid and Granular), Application (Turf Care and Agriculture), End-Use Products (Crop Protection Products and Fertilizers) & Region (North America, Europe, Asia-Pacific, Latin America and Row) - Global Forecasts to 2020"
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The use of soil wetting agents in turf care has been in demand owing to the increasing global environmental concern and increasing number of sports clubs and gardens. Soil wetting agents’ use in agriculture has also been in demand due to high yield requirements and efficient crop performance.
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Hence, soil wetting agents will be viewed as a business opportunity in the next five years. As a result, many multinational players have entered into the production of varied types of soil wetting agents methods.
Turf care with respect to application to dominate the soil wetting agents market
The turf care has been estimated to lead the market both in terms of value and volume. However, the agricultural application segment of soil wetting agent is projected to grow at the highest CAGR in terms of value.
Effective moisture management has become an essential factor for the turf grass maintenance in dry seasons and increasing demand for higher agricultural productivity coupled with critical climatic changes drive the market for soil wetting agents in turf care and agriculture.
Liquid form: The most widely used soil wetting agents form
Liquid form of soil wetting agent accounted for the largest share in the soil wetting agents market in terms of value and volume. However, the granular form of soil wetting agents is projected to grow at comparatively higher CAGRs due to increasing demand from developing agrarian economies.
Increasing usage of agricultural inputs in developed and developing countries to boost the soil wetting agents market
Countries in the Asia-Pacific, Latin American, Eastern European, and the Middle East regions are prospering in terms of increasing contribution of agriculture toward GDP with the commercialization of agricultural products on the rise. The rising population levels have also created the need to ensure an optimum level of agricultural productivity.
This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading companies such as BASF SE (Germany), Wilbur-Ellis Company (U.S.), Nufarm Limited (Australia), and BrettYoung Seeds Limited (Canada).
The report covers soil wetting agents in liquid and granular form, application of soil wetting agents in turf care and agriculture, and the use of soil wetting agents with end-use products such as crop protection products and fertilizers.
In terms of insights, this research report has focused on various levels of analysis industry analysis, market share analysis of top players, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging & high-growth segments of the global soil wetting agents market, high-growth regions, countries, and their respective regulatory policies, government initiatives, drivers, restraints, and opportunities.
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