About Wettable Powder
wettable powder is a dry, finely ground formulation that looks like dust. It is more highly concentrated than dust to contain. The wettable powder can be used for most pest problems. Wettable powders have excellent residual activity due to their physical properties. It consists of one or more active ingredients which are blended and mixed with inerts, diluents, and surfactants. It is used to facilitate the suspension of the particles in water
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 3.0% |
The market is expected to grow in the agriculture industry. It has wide application to reduce dermal hazards. Several companies such as BASF, Pest & Lawn are operating in the market to provide customers with a better offer with various features & unique offerings. The market is a partially fragmented market with the presence of several market players and local players. The demand for wettable powder is huge in the market due to wide application that is triggering the market growth over the forecast period Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Wettable Powder market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Pest & Lawn (United States), Biostadt India Limited (India), Vimal Crop Care Pvt Ltd (India), Chaitanya Agro Chemicals (India), APL (India), Croda International Plc (united kingdom), Azelis (India), NIPPON SODA CO., LTD (Japan), BHASKAR AGRO (India), Control Solutions, In (United States) and Others are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Wettable Powder market by , Application (Agriculture industry, Chemical Industry and Others) and Region.
On the basis of geography, the market of Wettable Powder has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Type, the sub-segment i.e. Water Soluble Concentrate will boost the Wettable Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form , the sub-segment i.e. Solid will boost the Wettable Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sale channel, the sub-segment i.e. Retailer will boost the Wettable Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-Use, the sub-segment i.e. Agrochemicals Manufacturer will boost the Wettable Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging , the sub-segment i.e. Bag will boost the Wettable Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Huge demand in agriculture sector due to wide adoption
Market Growth Drivers:
It is easy to store, transport, and handleless likely than ECs and other petroleum-based pesticides.
Challenges:
Wettable powders leave a visible residue wherever it has been sprayed
Restraints:
It is an inhalation hazard during mixin
Opportunities:
The wettable powder contains very high percentages of active ingredient
Market Leaders and their expansionary development strategies
In February 2023, Syngenta Crop Protection AG acquired Nufarm Limited's Australian and New Zealand crop protection businesses, expanding their portfolio of wettable powders in the region.
On May 2021 Control Solutions, Inc. launched the first 2 products with a ZC formulation in the US, ProFlex, and DuraFlex, for structural, urban, and industrial.
Key Target Audience
Distributor, Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End-Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.