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Agricultural Adjuvants Market Analysis, Research Report With AkzoNobel, BASF, Solvay, Nufarm, Croda, Evonik, Clariant, Stepan Company, Helena Agri-Enterprises, LLC, The Dow Chemical Company, Huntsman Corporation, Lamberti S.p.A., Wilbur-Ellis
Agricultural Adjuvants Market
Global Agricultural Adjuvants Market is set to rise from its initial estimated value of USD 3.01 billion in 2018 to an estimated value of USD 4.71 billion by 2026 registering a CAGR of 5.75% in the forecast period of 2019-2026. This rise in market is due to the rising need for improved pest management techniques.
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Agricultural adjuvants are chemicals that are used to enhance the response of pesticides, and other chemical agents. Adjuvants act as additives and cannot be used to eliminate pests by themselves, Instead these just enhance and improve the ability and response of pesticides. These adjuvants are usually mixed in with pesticides or applied separately.
Segmentation: Global Agricultural Adjuvants Market
· By Function
o Activator Adjuvants
Surfactants
Oil-based adjuvants
o Utility Adjuvants
Compatibility agents
Buffers/Acidifiers
Antifoam agents
Drift control agents
Water conditioners
Humectants
Deposition agents
Thickeners
Foam markers
Colorants
· By Chemical Group
o Alkoxylates
o Sulfonates
o Organosilicones
o Others
Polyacrylates
Phospholipids
Combination blends
· By Crop Type
o Cereals & Grains
Corn
Wheat
Rice
Sorghum
Barley
Oats
o Oilseeds & Pulses
Soybean
Canola
Cotton
Sunflower
o Fruits & Vegetables
o Others
Sugarcane
Turf
Ornamentals
Greenhouse & nursery plants
· By Application
o Insecticides
o Fungicides
o Herbicides
o Others
Fertilizers
Micronutrients
Plant growth regulators
Miticides
Acaricides
· By Formulation
o In-formulation
o Tank-mix
· By Geography
o North America
US
Canada
Mexico
o South America
Brazil
Argentina
Rest of South America
o Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe
o Asia-Pacific
Japan
China
South Korea
India
Australia
Singapore
Malaysia
Indonesia
Thailand
Philippines
Rest of Asia Pacific
o Middle East and Africa
South Africa
Egypt
Saudi Arabia
United Arab Emirates
Israel
Rest of Middle East and Africa
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Market Drivers:
· Rising adoption of crop protecting chemicals is driving the market growth
· Increase in awareness regarding the agrochemicals and innovative farming equipment is expected to drive the market growth
Market Restraints:
· Stringent and inconsistent regulations by the authorities regarding the adjuvants is causing the market to be restrained
· Increase in the bans on a number of products is also causing the market to be restrained
Few of the major market competitors currently working in the agricultural adjuvants market are
· The Dow Chemical Company
· Solvay
· Evonik Industries AG
· Nufarm Limited
· Croda International Plc
· BASF SE
· Akzo Nobel N.V.
· Huntsman International LLC
· Helena Agri-Enterprises LLC
· Wilbur-Ellis Holdings Inc.
· Stepan Company
· Clariant
· Lamberti S.p.A.
Other Players are WinField Solutions LLC., Tanatex Chemicals B.V., Momentive, Interagro Ltd., Monsanto Company, ORO AGRI, Syngenta, Elkem ASA, Brandt Consolidated Inc., Monument Chemical, and Loveland Products Inc.
The global agricultural adjuvants market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of agricultural adjuvants market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
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