Why the Agricultural Adjuvants Market is Set to Explode?

The major trend identified in the agricultural adjuvants market is the shift in preference from chemically synthesized adjuvants to environment-friendly agricultural adjuvants. Traditionally, adjuvants are chemically synthesized from derivatives of alkoxylates, sulfonates, organosilicones, and amines. These chemicals are non-environment-friendly and possess a toxicological profile.

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In addition, a majority of these agrochemicals have been identified as phytotoxic, which is suggestive of their potential threat to the food chain in case of absorption by the seeds, roots, and soil. However, recent advancements in adjuvant development emphasize the synthesis of non-toxic, biodegradable, and environment-friendly adjuvants. Companies, therefore, are increasingly diversifying their portfolios to include bio-based adjuvants.

Agricultural adjuvants function as additives in agrochemicals and are majorly synthesized from chemicals. Some of these chemicals and their derivatives have a debatable chemical profile. They have been identified as toxic and unfit for human consumption and have been found to affect foliar toxicity as well. The repeated use of such chemicals is likely to increase their presence in groundwater and soil, which, in turn, may result in biomagnification, affecting the entire food chain. Thus, the rising health concerns have impelled governments and regulatory agencies to impose rules and regulations on the production and usage of adjuvants. This, in turn, is hindering the growth of the agricultural adjuvants market.

Increasing population is expected to create pressure on existing farmlands and agricultural installations, necessitating the application of pesticides and adjuvants to maximize crop productivity and yield. According to the Population Division of the United Nations Department of Economic and Social Affairs, the global population was 7.6 billion in 2017, and it is expected to reach nearly 9.8 billion by 2050, growing by 30.9% in the next 33 years. This additional population, of nearly 2.2 billion, is expected to create a supplementary demand for food crops, horticulture crops, and cash crops in the coming years. This, in turn, will contribute to the growth of the agricultural adjuvants market in the coming years.

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Globally, North America was the largest market for crop adjuvants, accounting for nearly 30.0% revenue in 2017. This can be attributed to the presence of a large number of local manufacturers coupled with high product differentiation, increased customer acceptance, and favorable government regulations. In the U.S., federal regulations governing the application of adjuvants are virtually non-existent. Additionally, the growing penetration of activator adjuvants and introduction of novel, cheaper products are expected to contribute to the growth of the agricultural adjuvants market in the country in the coming years.

Some of the major players operating in the global agricultural adjuvants market are DowDuPont Inc., BASF SE, Akzo Nobel N.V., Solvay S.A., Clariant AG, Croda International PLC, Brandt Consolidated Inc., Huntsman Corporation, Evonik Industries AG, Stepan Company, Wilbur-Ellis Holdings Inc., and Helena Agri-Enterprises LLC.

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