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Agricultural Adjuvants Market:
The GMI Research expects the agricultural adjuvants market to expand at a significant rate. From a regional perspective, the Asia-Pacific is projected to increase at a faster rate attributed to the strong demand for agrochemicals in emerging economies, including China and India, driven by increasing population in Japan, China, and India, which is enhancing the demand for food crops.
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Agricultural Adjuvants Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis) Key Drivers
The high adoption of protected agricultural practices, the increasing usage of salts, oils emulsifiers, and surfactants for improved production of crops, and the growing importance of precision farming are the significant factors contributing to the growth of the global agricultural adjuvants market size. Precision farming allows farmers to utilize agricultural adjuvants for correct agrochemical applications. In the past few years, organizations are opting for eco-friendly bio-based adjuvants, including methylated seed oil (MSO), modified vegetable oils, and organo-modified siloxanes. The emergence of the COVID-19 pandemic has positively impacted the demand for organically produced food owing to the biodegradability and increased level of safety of salts, surfactants, oils, and emulsifiers, they are regarded as environmentally friendly. Furthermore, the rising adoption of organic farming is further anticipated to stimulate the growth of the market in the upcoming years.
The majority of the emerging countries are dependent on the agriculture industry, where farmers can generate the highest possible yield from the available resources. The rising demand for food crops will boost the requirement for more pest control chemicals and other pesticides. Land availability is restricted in most regions, thus raising need for better crop production and reducing crop damage. This factor is propelling the growth of the agricultural adjuvants market. On the other hand, the factors hindering the market growth include cost volatility and unawareness in people about these products.
Function Segment Drivers
Based on the function, the market is segmented into activator adjuvants and utility adjuvants. The activator adjuvant segment is predicted to dominate the market over the forecast period due to its capability to improve herbicides’ properties when added to spray solutions. Activator adjuvants are fit for different types of applications as they are efficient to raising the solubilization and decrease the surface tension.
Agricultural Adjuvants Market’s leading Manufacturers:
- Corteva
- BASF SE
- Solvay
- Nufarm
- Croda International Plc
- Huntsman International LLC
- Evonik Industries AG
- Clariant AG
- Brandt, Inc.
- Wilbur-Ellis Holdings, Inc.
Agricultural Adjuvants Market Segmentation: Segmentation by Function:
- Activator Adjuvants
- Surfactants
- Oil-Based Adjuvants
- Utility Adjuvants
- Compatibility Agents
- Buffers/Acidifiers
- Antifoam Agents
- Water Conditioners
- Anti-Drift Agents
- Other Utility Adjuvants
Segmentation by Application:
- Herbicides
- Insecticides
- Fungicides
- Other Applications
Segmentation by Adoption Stage:
- In-Formulation
- Tank-Mix
Segmentation by Formulation:
- Suspension Concentrate
- Emulsifiable Concentrate
Segmentation by Crop Type:
- Cereals & Grains
- Corn
- Wheat
- Rice
- Others
- Oilseeds & Pulses
- Soybean
- Others
- Fruits & Vegetables
- Others
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting company that provides syndicated research reports, consulting services, and customized market research reports. Our reports are based on market intelligence studies to ensure relevant and fact-based research across numerous sectors, including healthcare, automotive, information technology & communication, FMCG, and other industries. GMI Research’s deep understanding related to the business environment helps us in generating objective strategic insights. Our research teams consisting of seasoned analysts and researchers have hands-on experience in various regions, including Asia-pacific, Europe, North America, and the Rest of the World. The market research report offers in-depth analysis, which contains refined forecasts, a bird’s eye view of the competitive landscape, factors impacting the market growth, and several other market insights to aid companies in making strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.
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