Published on : Nov 02, 2016
The global agricultural disinfectant market is on the rise and is constantly developing in a number of regions. This is mainly due to the increasing demand for meat products in both China and India. In addition, the increasing activities of research and development for enhancing the efficacy and quality of disinfectants will bolster the development of this market. Furthermore, the advancement of greenhouse vertical farming and vegetable production have also come up as top drivers in the growth of the market for agricultural disinfectants.
Liquid Agricultural Disinfectants at the Forefront owing to Low Prices and Easy Availability
On the basis of form, the market is segmented into powder, liquid, and others including granules and gels. Of these, the segment of liquid agricultural disinfectants held a top share in the market in 2015 owing to their soluble nature, low prices, and easy availability. In addition, these liquid agricultural disinfectants are being employed in agricultural farms for ensuring better productivity of crops. By application, the market is segmented into aerial, water sanitizing, and land. Amongst these, the utilization of agricultural disinfectants is the highest on land, trailed by the segments of water sanitizing and aerial.
Increasing Demand for Meat Products to Bolster Demand in Livestock Farms
In terms of end use, the market is categorized into livestock farms and agricultural farms. Amongst these, agricultural disinfectants are being more employed in livestock farms than agricultural farms. This is due to the increasing demand for meat products and the requirement to make the security of livestock a high preference. This is because farmers are particularly concerned regarding newborn livestock owing to the fact that newborn livestock is more prone to diseases.
North America Led Agricultural Disinfectants Market with Share of Over 33.0% in 2015
Region-wise, North America led the market in 2015 and constituted a share of over 33.0% in the same year. This is due to the increasing demand for good quality meat products and the rising count of livestock in this region giving rise to the demand for agricultural disinfectants. Europe trailed North America and held the second position in the market, while Asia Pacific will experience the most exponential growth in the market in the coming years due to the increasing opportunities offered by emerging nations.
The key players in the market are Zoetis (Florham Park, New Jersey United States), Nufarm (Melbourne), The Stepan Company, (Northfield, Illinois, U.S.), and The Thymox Technology (Quebec, Canada), among others.