Global Agricultural Adjuvants Market By Overview
Agricultural Adjuvants Market accounted for USD 3.1 Billion in 2020 and is estimated to be USD 5.64 Billion by 2030 and is anticipated to register a CAGR of 6.2%.
Agricultural Adjuvants are added to crop protection products to enhance the effectiveness of the pesticide, insecticide or herbicide and improve the overall performance. These additives can range from drift control, stickers, wetting agents, water conditioners and penetrants. Agricultural adjuvants are used to improve efficiency of the crops including fungicides, herbicides, and insecticides as well as other agents in order to eliminate unwanted pests and plant diseases. Adjuvants are materials added to crop protection products or agrochemicals to enhance the efficacy of active ingredients and improve the overall performances of the product. One type of adjuvant, surfactants, are used to help droplets of an herbicide stick and spread on a leaf surface. Adjuvants are added to products to help the pesticide do its job and stay on target. They may be in a formulated product when it’s purchased. These materials are added to crop products or agrochemicals to enhance the efficacy of active ingredients and enhance the overall performance of the product.
Global Agricultural Adjuvants Market By Drivers & Restraints
Rising initiatives by government bodies
Growing population across the globe is creating consistent demand for the food and agricultural productivity. Food demand of the globe is expected to increase anywhere between 58 to 97% by 2050 owing to which the farmers in the world will need to increase their crop production by enhancing productivity of the crops. In order to cater requirement; adoption of the agricultural adjuvants is increasing which is driving growth of the target market. Additionally, increasing need for the green adjuvants is another factor anticipated to boost growth of the global agricultural adjuvants market in the next 10 years. Nevertheless, manufacturing of the agricultural adjuvant products for cost-effectiveness can create a lucrative growth opportunity for the key players operating in the target market. Also, use of these adjuvants in order to produce biological products can contribute in the revenue growth of the global market. Growing numbers of research & development activities for the innovative adjuvant products across the globe is expected to propel growth of the global market in the near future.
However, stringent government regulations associated with the manufacturing of adjuvants is a factor expected to restrain growth of the global market in the near future
Global Agricultural Adjuvants Market By Segmentations & Regional Insights
Agricultural adjuvants market is segmented based on type, application, and region.
On the basis of type, the global agricultural adjuvants market is classified into activator adjuvants and utility adjuvants. The activator type adjuvants are further classified as surfactants and oil adjuvants. Based on application, the global market is bifurcated into insecticide adjuvants, herbicide adjuvants fungicide adjuvants, and others.
Regional Insights:
On region the global agricultural adjuvants market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America market dominates the global market in terms of revenue and is expected to continue its dominance over the forecast period. This can be attributed to increasing adoption of the advanced crop protection technologies in the countries of this region
Agricultural Adjuvants Market Report Scope:
Attribute |
Details |
Base year for estimation |
2020 |
Forecast period |
2020 – 2030 |
Market representation |
Revenue in USD Billion & CAGR from 2020 – 2030 |
Market Segmentation |
By Type- Activator Adjuvants (Surfactants and Oil Adjuvants) and Utility Adjuvants By Application– Insecticide Adjuvants, Herbicide Adjuvants, Fungicide Adjuvants and Others |
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global agricultural adjuvants market report based on type, application, and region.
Agricultural Adjuvants Market, By Region:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
Global Agricultural Adjuvants Market By Competitive Landscape & Key Players
The key players operating in the global agricultural adjuvants market includes Adjuvant Plus Inc., Akzonobel N.V., Brandt Consolidated Inc., Croda International PLC, Dow Corning Corp., Evonik Industries AG, Garrco Products Inc., Helena Chemical Company, Huntsman Corp., and Interagro Ltd. Key players operating in the target market are focusing on the development and launch of the new products in the target market.
Dow Corning Corporation:
Dow and Rizobacter have launched a product in Brazil that promises innovative control over weeds in the field. Rizospray Integrum adjuvant is a premium oil combined with a solution developed with six vegetable oil-based surfactant molecules
Global Agricultural Adjuvants Market By Company Profile
- Adjuvant Plus Inc.
- Akzonobel N.V.
- Brandt Consolidated Inc.
- Croda International PLC
- Dow Corning Corp.
- Evonik Industries AG
- Garrco Products Inc.
- Helena Chemical Company
- Huntsman Corp.
- Interagro Ltd.
Global Agricultural Adjuvants Market By Highlights
FAQs
The global agricultural adjuvants market is segmented based on type, application, and region.
Adoption of the agricultural adjuvants is increasing which is driving growth of the target market.
North America market dominates the global market in terms of revenue and is expected to continue its dominance over the forecast period.
The key players operating the global agricultural adjuvants market involves Adjuvant Plus Inc., Akzonobel N.V., Brandt Consolidated Inc., Croda International PLC, Dow Corning Corp., Evonik Industries AG, Garrco Products Inc., Helena Chemical Company, Huntsman Corp., and Interagro Ltd.