Market Overview:
The global agricultural spray oil market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for agricultural spray oils from the orchard and rubber tree applications. North America dominates the global agricultural spray oil market, followed by Europe, Asia Pacific, Latin America, and Middle East & Africa.
Product Definition:
Agricultural spray oil is a type of oil that is used to help crops grow. It is important because it helps to protect the crops from pests and diseases, and it also helps to improve their growth.
Orchard Spray Oil:
Orchard spray oil is a liquid fertilizer which is extracted from fruits and used for the cultivation of fruit trees. It contains many essential nutrients such as nitrogen, phosphorous, potassium and sulfur along with some vitamins. The product also has an excellent effect on seed germination and plant growth. Orchard spray oil can be applied to young plants as well as to the whole orchard where there are concerns about diseases or insects affecting the fruit trees.
Rubber Spray Oil:
Rubber spray oil is a lubricant used in the agricultural industry for the purpose of maintaining equipment efficiency. It is also used as an anti-oxidant and to reduce wear & tear in agricultural machinery. The product has applications across all types of farm equipment including tractors, harvesters, applicators, and others.
The global rubber spray oil market size was valued at USD 1.91 billion in 2016.
Application Insights:
Orchard application dominated the global market with over 55% of revenue share in 2017. The demand for spray oil is high in orchards as it helps to control a number of diseases and insects that attack the crops. Moreover, increasing awareness among farmers about crop protection through use of chemical-free products is expected to drive the segment growth over the forecast period.
Rubber tree application segment is expected register significant growth during the forecast period owing to rising demand for natural rubber from various industries including tire manufacturing and automotive industry. Natural rubber, when extracted from trees, requires only minimal processing before being used by different industries as raw material which provides an opportunity for spray oil manufacturers to capitalize on this trend.
Regional Analysis:
Asia Pacific dominated the global agricultural spray oil market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for agrochemicals and rising awareness among farmers about modern farming practices. In addition, factors such as growing population, rapid urbanization and industrialization are anticipated to drive product demand in emerging economies of Asia Pacific.
Europe accounted for a significant share of the overall revenue in 2017 due to high adoption of agrochemicals across various countries including Germany, France, Italy and U.K., which is further anticipated to fuel industry expansion over the next eight years. Moreover, presence of major companies such as BASF SE; Bayer AG; Monsanto Company; Dow Chemical Co.; Syngenta International Inc.; Chemtura Corporation; Clariant Ltd.; FMC Corporation LLD & HNSCI and formulators like Suez Environment will also support regional growth over the coming years (Figure 1).
Growth Factors:
- Increasing demand for food owing to population growth
- Rising disposable income of consumers in developing countries
- Technological advancements in agricultural spray oil industry
- Government initiatives to promote the use of agricultural spray oils
- Growing awareness about the benefits of using agricultural spray oils
Scope Of The Report
Report Attributes
Report Details
Report Title
Agricultural Spray Oil Market Research Report
By Type
Orchard Spray Oil, Rubber Spray Oil
By Application
Orchard, Rubber Tree
By Companies
Eastern Petroleum, Resolute Oil, IndianOil, Orchex, Vinayak Oil Industries, HP Lubricants
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
199
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Agricultural Spray Oil Market Report Segments:
The global Agricultural Spray Oil market is segmented on the basis of:
Types
Orchard Spray Oil, Rubber Spray Oil
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Orchard, Rubber Tree
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Eastern Petroleum
- Resolute Oil
- IndianOil
- Orchex
- Vinayak Oil Industries
- HP Lubricants
Highlights of The Agricultural Spray Oil Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Orchard Spray Oil
- Rubber Spray Oil
- By Application:
- Orchard
- Rubber Tree
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Agricultural Spray Oil Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Agricultural spray oil is a type of fuel used in agricultural equipment. It is made from a blend of gasoline and diesel, and it is typically used to power tractors, combines, and other types of machinery.
Some of the key players operating in the agricultural spray oil market are Eastern Petroleum, Resolute Oil, IndianOil, Orchex, Vinayak Oil Industries, HP Lubricants.
The agricultural spray oil market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Agricultural Spray Oil Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Agricultural Spray Oil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Agricultural Spray Oil Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Agricultural Spray Oil Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Agricultural Spray Oil Market Size & Forecast, 2020-2028
4.5.1 Agricultural Spray Oil Market Size and Y-o-Y Growth
4.5.2 Agricultural Spray Oil Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Orchard Spray Oil
5.2.2 Rubber Spray Oil
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Orchard
6.2.2 Rubber Tree
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Agricultural Spray Oil Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Agricultural Spray Oil Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Orchard Spray Oil
9.6.2 Rubber Spray Oil
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Orchard
9.10.2 Rubber Tree
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Orchard Spray Oil
10.6.2 Rubber Spray Oil
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Orchard
10.10.2 Rubber Tree
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Orchard Spray Oil
11.6.2 Rubber Spray Oil
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Orchard
11.10.2 Rubber Tree
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Orchard Spray Oil
12.6.2 Rubber Spray Oil
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Orchard
12.10.2 Rubber Tree
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Orchard Spray Oil
13.6.2 Rubber Spray Oil
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Orchard
13.10.2 Rubber Tree
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Agricultural Spray Oil Market: Competitive Dashboard
14.2 Global Agricultural Spray Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Eastern Petroleum
14.3.2 Resolute Oil
14.3.3 IndianOil
14.3.4 Orchex
14.3.5 Vinayak Oil Industries
14.3.6 HP Lubricants
