(I-BusinessNews.Com, November 19, 2019 ) The report “Agricultural Disinfectants Market by Type (Hypochlorites & Halogens, Quaternary Ammonium Compounds & Phenols, Oxidizing Agents & Aldehydes), Application Area (Surface, Aerial, Water Sanitizing), End Use, Form, and Region – Global Forecast to 2021″, The agricultural disinfectants market is projected to reach a value of USD 2.11 Billion by 2021, at a CAGR of 4.3% from 2016 to 2021. The market is driven by factors such as increasing demand for animal products, emerging greenhouse vegetable production and vertical farming, increasing incidences of disease outbreaks among livestock, and ban on antibiotics in animal feed.
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The quaternary ammonium compounds & phenols segment is projected to be the fastest-growing market on the basis of type from 2016 to 2021.
This segment is projected to grow at the highest CAGR from 2016 to 2021. Phenol has a good penetrating power into the organic matter and kills microorganisms present in the infected areas of livestock and agricultural farms. It is easily available and is relatively low priced.
The livestock farms segment is projected to be the fastest-growing market on the basis of end use from 2016 to 2021.
This segment, on the basis of end use, is projected to grow at a significant rate during the forecast period. Disinfectants used in livestock farms are gaining a substantial position as livestock farmers make frequent use of disinfectants on newborn animals that are highly vulnerable to diseases and infections, due to their immature immune systems.
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Significant growth for agricultural disinfectants observed in the Asia-Pacific region
Asia-Pacific has a high growth potential for agricultural disinfectants due to many emerging countries, such as China and India. Moreover, factors such as adoption and implementation of innovative animal husbandry practices to improve the health and sanitation of the animals, increase the crop quality, and increase the productivity of crops drive the growth of the agricultural disinfectants market in this region.
This report includes a study of marketing and development strategies, along with the product portfolio of leading companies, such as The Chemours Company (U.S.), Zoetis (U.S.), Nufarm Limited (U.S.), The Dow Chemical Company (U.S.), Neogen Corporation (U.S.), Stepan Company (U.S.), Thymox Technology (Canada), FINK TEC GmbH (Germany), Quat-Chem Ltd. (U.S.), and Entaco NV (Belgium).
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