Agricultural Adjuvants Market 2018 to Grow at 4.5% CAGR to 2025 | Solvay, Clariant, Evonik, Huntsman Corporation , AkzoNobel, DowDuPont, BASF, Momentive
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Agricultural Adjuvants Market size will likely surpass USD 3 billion by 2025; according to a new research report by Global Market Insights, Inc. Rising demand for sustainable crop protection products will be the key growth enabler for the agricultural adjuvants market. New regulations such as National Action Plan by the member states of EU would promote a sustainable use of crop protectants in the farming sector. Between 2012 and 2014, the UN estimated that around 805 million people suffered from hunger. Out of which a large proportion of people resided in the developing regions. Food safety conscious population and rising uncertainties in climate are further increasing the demand for sustainable method of farming which would boost the growth in the market.
• Increasing demand for better yield crops
• Increasing demand of sustainable crop protection products
• Oil-based adjuvants
• Compatibility agents
• Antifoam agents
• Drift control agents
• Water conditioners
By Chemical Group
By Crop Type
• Cereals & grains
• Oilseeds & pulses
• Fruits & vegetables
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
6. Huntsman Corporation
10. Loveland Products, Inc
The use of fertilizers or other crop protection products help in reducing the possibilities of crop failure. Optimized use of other resources can also help in sustainable land management. These products could help in achieving the goal of sustainable farming by producing high yield with limited resources. Rising research & development activities in the agricultural adjuvants market could further help in making products that are less harmful for the environment.
With India, China, and Japan at it foray, the Asia Pacific belt has emerged as the one of the largest market for agricultural adjuvants in the world. The presence of top agricultural producing nations coupled with rising population and demand for food have been some of the pivotal drivers attributable to the rising demand for farming adjuvants. Apart from this, the region is also witnessing increasing awareness levels among the farming community pertaining to food safety, limited arable land, and uncertainties in climate, which has boosted the demand for more reliable and technologically advanced options for farmers. Estimates claim that the Asia Pacific agricultural adjuvants industry is forecast to grow at a heathy CAGR over 2018-2025.
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Agricultural utility adjuvant is a significant product type in the market. This segment is likely to generate revenue exceeding USD 1 billion by 2025. Compatibility agents are majorly used in liquid fertilizers whereas acidifiers are used in herbicide spray mixtures which helps in reducing the pH of the solution. This segment is likely to attain a CAGR of approximately 4% in terms of revenue during the forecast period.
North America agricultural adjuvants market value is likely to reach around USD 800 million by 2025. Significant volumes of herbicides and insecticide distribution in the U.S. and Canada will propel the regional market growth. Rising awareness among farmers about the benefits of using the product in the farming sector would drive the market growth during the forecast period. Availability of various product types in market for different crops makes it a more reliable option for the farmers of a mature market.
Browse key industry insights from the report, “Agricultural Adjuvants Market” in detail along with the table of contents:
Oilseeds & pulses are a significant crop type segment of the agricultural adjuvants market. This segment is further sub divided into soybean and others. This segment is likely to achieve a CAGR around 5% in terms of volume during the forecast period.
Fungicide is an important application segment which is likely to grow by around5% in terms of volume from 2018 to 2025. The product increases the efficiency of fungicides which help in eradicating spores and other fungal infection.
Some key product manufacturing companies in the market include Clariant, Brenntag North America, Solvay, Alzchem, Evonik, WinField Solutions, Dow Dupont, and Huntsman.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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