The global agricultural disinfectants market is expected to grow at a CAGR of 4.2% during the forecast period (2017 - 2022). The market accounted for sales of USD XX million in 2015 and is projected to reach USD XX million by 2021. Agricultural disinfectants are used on crops and livestock for their protection against microbial infection (bacteria, virus, fungi, etc.). Some of the major players in this market, such as Nutri-Tech Solution and Protek, have introduced new products in the segment. Nutri-Tech has claimed their new product, â€œPath-Xâ€ to be revolutionary in pathogen control, using the patented Quaternary Ammonium Compound.
The agricultural disinfectants market has many large- and small-scale firms. New product developments, agreements, and investments are the key strategies adopted by market players to ensure their growth in this market.
The global market for agricultural disinfectants is driven by several factors including an increase in demand for animal products, the emergence of greenhouse vegetable production, rising incidence of disease outbreaks among livestock, and ban on antibiotics in animal feed. Whereas, the harmful effects and lack of awareness about disinfectants among farmers and its low adoption rate are proving to be major restraints for the industry.
The Asia-Pacific region, though being the fastest-growing market, has not been tapped enough by many players in the industry. The emerging markets in the region, such as China and India, have a lot of potential for growth, hence offering a great scope for business expansion and opportunity.
The global market for agricultural disinfectants can be segmented by type, end-use, form, application area, and geography.
By type, agricultural disinfectants are segmented into hypochlorites & halogens, quaternary ammonium compounds & phenols, oxidizing agents & aldehydes, and others (alcohols and acids). The quaternary ammonium compounds & phenols segment, which is projected to grow at the highest CAGR during the forecast period, accounted for the largest market share in 2015, followed by the oxidizing agents & aldehydes segment.
By application, the surface segment accounted for the largest share of the global agricultural disinfectants market in 2015. This section of disinfectants is used to disinfect and remove dirt, dust, manure, and other unwanted materials from the surface of wooden, painted, and concrete surfaces in greenhouses and other crop production facilities.
By end-use, the agricultural disinfectants market is segmented into livestock farms and agricultural farms. Disinfectants are used by livestock farmers on newborn animals that are highly vulnerable to diseases and infections, due to their immature immune systems.
By their form, agricultural disinfectants are segmented into liquid, powder, and others (granular and gel). Liquid agricultural disinfectants are gaining popularity as they are of low-cost, less visible on the treated surfaces, and can be applied easily. This sub-segment is projected to grow at the highest CAGR during the forecast period.
Recent Industry Insights
â€œOne of the major players in the market, the Chemours Company, completed the sale of its Clean Disinfect business (part of its Chemical Solutions segment) for USD 230 million in cash, on August 31, 2016.â€
The report holds importance for the following stakeholders-
Producers and manufacturers
Agricultural input companies
Enterprises operating in the industry
Traders and stakeholders operating in the sector
Investors/research institutions interested in the market
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Market Definition
2. Research Approach & Methodology
2.2 Research Designs
2.3 Study Timeline
2.4 Study Phases
2.4.1 Secondary Research
2.4.2 Discussion Guide
2.4.3 Market Engineering and Econometric Modelling
2.4.4 Expert Validation
3. Key Findings of the Study
4. Market Dynamics
4.1.1 Increasing Demand for Meat and Dairy Products
4.1.2 Increasing Greenhouse and Vertical Farming
4.1.3 Incidences of Disease Outbreak in Crop and Livestock
4.1.4 Ban on Antibiotics in Animal Feed
4.2.1 Lack of Awareness and Low Adoption Rate
4.2.2 Negative Impact of Disinfectants
4.3.1 Emerging Markets of Developing Countries
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5. Market Segmentation
5.1 By Type
5.1.1 Hypochlorites & Halogens
5.1.2 Oxidizing Agents & Aldehydes
5.1.3 Quaternary Ammonium Compounds & Phenols
5.2 By Form
5.3 By End-Use
5.4 By Application
5.4.3 Water Sanitizing
5.5 By Geography
5.5.1 North America
5.5.4 South America
6. Competitive Landscape
6.1 Most Active Companies
6.2 Most Adopted Stratigies
6.3 Market Share Analysis
7. Company Profiles
7.1 The Chemours Company
7.3 Nufarm Limited
7.4 Stepan Company
7.5 The Dow Chemical Company
7.6 Neogen Corporation
7.7 Fink TEC GmbH
7.8 Quat-Chem Ltd.
7.9 Thymox Technology
7.10 Entaco NV