Agricultural Water Retaining Agent Market Key Highlights:
- Market Size (2023): USD 155 Million
- Projected Market Size (2034): USD 322.91 Million
- CAGR (2023-2034): 6.9%
Pricing Analysis:
- Price Growth
- Regional Variations
Volume Analysis:
Import-Export Data:
- Major Importers
- Major Exporters
Market Historic Sales
Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
Analysis of revenue contributions from different manufacturers in the market.
Price by Manufacturer
Examination of pricing strategies adopted by various manufacturers.
Agricultural Water Retaining Agent Market Definition
Agricultural water retaining agents are used to improve soil structure and nutrition and help plants retain water and nutrients. These are high-molecular cross-linked polymers that enhance the soil’s water-holding capacity. They can be produced from synthetic polymers, such as polyacrylamide and polyacrylic acid, or from natural materials, such as the cuticle of the aloe vera plant. These agents aid in water conservation, root growth, and seed germination.
Structure
The agricultural water retaining agent market is segmented into sodium salt, potassium salt, and others. By application, the market comprises farmland irrigation, soil improvement, and others. Companies such as Nippon Shokubai, Formosa Plastics Corporation, Qingdao Soco New Material, Sanyo Chemical, Zibo Jadreh Polymer Technology, and Bretty Young Seeds have a strong hold in the sector.
Additional Information
Agricultural water retaining agents have numerous benefits, including improving soil structure, water retention, crop growth, drought resistance, and environmental preservation after excessive fertilizer use or metal toxicity. These crucial benefits are driving significant growth in the market. However, the high upfront and year-on-year cost of using these fertilizers and health concerns around their use are restricting market expansion. In terms of opportunities, organic agents are expected to lead growth in the market as more farmers turn away from polymer-based varieties.
Agricultural Water Retaining Agent Market Segmentation:
By Type
- Sodium Salt Type
- Potassium Salt Type
- Others
By Application
- Farmland Irrigation
- Soil Improvement
- Others
Agricultural Water Retaining Agent Market Companies:
- Nippon Shokubai
- Formosa Plastics Corporation
- Qingdao Soco New Material
- Sanyo Chemical
- Zibo Jadreh Polymer Technology
- Bretty Young Seeds
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