Press release
Latest Regulatory Trends Impacting the Agricultural Adjuvants Market
The agricultural adjuvants market is estimated to account for a value of USD 3.3 billion in 2019 and is projected to grow at a CAGR of 5.3% from 2019, to reach a value of USD 4.7 billion by 2026. An increasing need for green adjuvants, improving efficiency and effectiveness of agrochemicals are some of the factors driving the growth of this market.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1240
By crop type, the cereals & pulses segment is projected to be the fastest-growing segment in the agricultural adjuvants market during the forecast period.
Nonionic surfactants are used mainly along with agrochemicals for cereals & grains. The growth in population and the consequent rise in the demand for food materials has also led to an increase in the demand for crop protection chemicals, thereby increasing the demand for adjuvants across all regions.
By application, the herbicide segment is projected to dominate the agricultural adjuvants market during the forecast period.
The herbicide segment is projected to hold the largest market share in the agricultural adjuvants market during the forecast period as according to industry experts from prominent seed manufacturers, disease resistance and herbicide tolerance are traits that have been on demand, owing to the increasing instances of early germination pest attacks and regulations against cop protection chemicals. Cereals & grains accounted for the largest consumption of herbicides in North America and Asia Pacific, owing to the high cultivation of corn and wheat in countries such as the US and China.
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Asia Pacific is projected to grow at the highest CAGR during the forecast period
The market for agricultural adjuvants in the Asia Pacific region is expected to grow at the highest CAGR from 2019 to 2026, owing to the increasing investments by key players in countries such as China, India, and Thailand, and also the rising adoption of adjuvant technology by the crop growers for insecticide applications. Due to these factors, the market in the Asia Pacific region is projected to record the highest growth from 2019 to 2026.
This report includes a study on the marketing and development strategies, along with a study on the product portfolios of the leading companies operating in the agricultural adjuvants market. It includes the profiles of leading companies such as Miller Chemical and Fertilizer, LLC (US), Precision Laboratories (US), CHS Inc (US), Winfield United (US), Kalo Inc. (US), Nouryon (Netherlands), Corteva Inc. (US), Evonik Industries (Germany), Nufarm (Australia), Croda International (UK), Solvay (Belgium), BASF (Germany), Huntsman Corporation (US), Clariant (US), Helena Agri-Enterprises (US), Stepan Company (US), Wilbur-Ellis Company (US), Brandt (US), Plant Health Technologies (US), and Innvictis Crop Care (US).
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