Agricultural Adjuvants Market Size to be Driven by Expansion USD 5.29 billion, Growth, Trends, Technological Advancements, Business Strategies and Forecast 2029

Exactitude Consultancy Market Research analyses that the Agricultural Adjuvants Market will witness a CAGR of 5.2% for the forecast period of 2023-2029 and is likely USD 3.54 billion by 2022 to reach at USD 5.29 billion by 2029.

Research report on the Agricultural Adjuvants market allows buyers to deliver unique solutions to various end users and improve their business presence in the industry. The report is introduced with accurate statistics regarding market share, size, and growth rate for the buyers to focus on their operations and achieve various goals smoothly. Numerous driving factors, restraints, opportunities, and threats affecting the Agricultural Adjuvants market growth is described in the study for the strategy planners to plan policies pertaining to production volume, delivery of services, making connections, and creating awareness in the minds of consumers.

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Market Dynamics

Market Drivers

Increasing Use of Crop Protection Chemicals in Agriculture

Pests and diseases destroy 20-30% of India's crops, costing USD 450 billion in annual food production. Damage and infections must be managed through primary plant protection (PPP) to ensure food security for the country's growing population. Crop protection chemicals like insecticides, fungicides, and herbicides prevent crop contamination, which reduces grain quantity and quality. Technological developments like telematics, autonomous vehicles, and crop protection are all undergoing significant change. Despite the long history of genetically modified (GM) seeds, consumers have yet to become interested in the use of bio-based adjuvants. However, growing environmental concerns and increased use of crop protection agents' technological advancements will fuel the growth soon.

Growing Need to Reduce Pesticide Waste

During the 1950s and 1960s, resolving pesticide wastage issues was a significant undertaking. Most insecticides were not intended to be used with water in combination. However, most insecticides today are made to be mixed with water. Many fungi, plants, and pests have waxy surfaces, which makes it challenging for water-based sprays to achieve their objectives efficiently. Adjuvants are proving to be a blessing in overcoming this obstacle. Any substance that is added to a spray tank to improve the effectiveness of a pesticide is referred to as an adjuvant. Surfactants, spreaders, stickers, crop oils, anti-foaming materials, and buffering agents are examples of adjuvants. Surfactants are adjuvants that support and enhance a fluid's ability to emulsify, scatter, spread, wet, or exhibit other surface-altering properties. It has been discovered that applying fungicides, insecticides, or herbicides without the recommended adjuvant results in a 30% to 50% reduction in pesticide action and a significant amount of pesticide waste. Thickeners that act as a drift control agent in tank-mix application sprays, stickers, and spreaders are the most popular and widely used adjuvants for reducing pesticide wastage.

Market Restraints

Environmental Issues Concerning Petroleum-Oil-Based Adjuvants

Due to the excessive use of adjuvants, there are rising concerns about the impact of these herbicides on species that are not their intended targets. The target plants are not the only place where most spray adjuvants are dispersed; they also cover the entire agricultural field. As a result of the environmental problems that each application (fungicides, insecticides, and herbicides) create when combined with the adjuvant, their use is restricted by regulations. Since the spray adjuvants applied to the crop are blown by the winds into the nearby areas, each of the various applications contributes to air pollution. The excessive use of pesticides poses a threat to the environment, hindering market growth.

Market Opportunities

Growing Demand for Green Adjuvants

When used with crop protection chemicals, green adjuvants have minimal effects on people and the environment, according to the environmental impact approach. The green adjuvants make crop protection chemical active ingredients more effective and safer for humans. People's deliberate choice to purchase organic goods is a significant factor that has boosted the demand for green adjuvants. Nowadays, emphasis is placed on the product's nutritional value because of the high personal income and the resulting increase in the affordability of those living in urban areas. The general public's growing awareness of this has sparked a new demand for organic food products. This directly affects the market for agricultural adjuvants' growth in demand for green adjuvants.

Prominent Key players of the Agricultural Adjuvants Market survey report:

Historical data available in the report elaborates on the development of the Agricultural Adjuvants on national, regional and international levels. Market Research Report presents a detailed analysis based on the thorough research of the overall market, particularly on questions that border on the market size, growth scenario, potential opportunities, operation landscape, trend analysis, and competitive analysis. Some Key Competitors of the Market are - Adjuvant Plus Inc., BASF SE, Clariant AG, Corteva Agriscience, Croda International, Evonik Industries, Helena Agri-Enterprises LLC, Huntsman Corporation, Nufarm, Solvay, Stepan Company, Wilbur-Ellis Company.

Agricultural Adjuvants Market Recent Developments

In March 2022, At the 2022 Commodity Classic in New Orleans, Louisiana, Helena Enterprises LLC (US) debuted a new pest management technique. Protecta's proprietary process claims to produce fungicides and insecticides differently, depending on meticulous design, professional analysis, and proven results. Protecta's fungicides and insecticides have balanced and reliable formulas. They offer improved disease and pest management as well as improved compatibility, handling, and application.

In March 2022, The WinField United (US) CROPLAN portfolio had an addition of CP3201AX CoAXium, a new spring wheat variety. It is a hard red spring that combines committed industry stewardship with the patented, non-GMO AXigen feature that tolerates in-crop applications of Aggressor herbicide to offer a new weapon for weed management. Additionally, it can be used with foliar fertilizers and is compatible with tank-mixes.

Agricultural Adjuvants Market Segmentation:

Global Agricultural Adjuvants Market By Function, 2023-2029, (USD Billion), (Kilotons)

Activator Adjuvants

Utility Adjuvants

Global Agricultural Adjuvants Market By Crop Type, 2023-2029, (USD Billion), (Kilotons)

Cereals & Grains

Oilseeds & Pulses

Fruits & Vegetables

Other Crop Types

Global Agricultural Adjuvants Market By Formulation, 2023-2029, (USD Billion), (Kilotons)

Suspension Concentrate

Emulsifiable Concentrate

Global Agricultural Adjuvants Market By Adoption Stage, 2023-2029, (USD Billion), (Kilotons)

In-Formulation

Tank-Mix

Global Agricultural Adjuvants Market By Application, 2023-2029, (USD Billion), (Kilotons)

Insecticides

Herbicides

Fungicides

Other Applications

The regional outlook by revenue covers the countries namely:

✦ North America (United States, Canada and Mexico)

✦ Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

✦ Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

✦ South America (Brazil, Argentina, Colombia, and Rest of South America)

✦ Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

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Key Features of the Agricultural Adjuvants Market Report: -

⇨  Analyse competitive developments such as expansions, deployments, new product launches, and market acquisitions.

⇨  Examine the market opportunities for stakeholders by identifying higher growth sections.

⇨  To study and analyse the global Agricultural Adjuvants industry status and forecast including key regions.

⇨  An in-depth analysis of key product segments and application spectrum, providing strategic recommendations to incumbents and new entrants to give them a competitive advantage over others.

⇨  It provides a comprehensive analysis of key regions of the industry as well as a SWOT analysis and Porter's Five Forces analysis to provide a deeper understanding of the market.

⇨  It helps you make strategic business decisions and investment plans.

Competitive Landscape

Competition has been growing for the Agricultural Adjuvants industry as the supply and demand has been on an increasing trend sine past decade. This report gives a detailed analysis of the presence of various small, medium and micro enterprises in the industry of numerous scales, their relative sizes, product offerings, and market positions in the pre and post pandemic situations. Additionally, the report provides an overview of the competitor strategy with regards to business and corporate office and functions have been provided. The report also mentions about the operations, technology infrastructure, marketing strategies and financial capabilities. Thus, the report gives a very good understanding of the market to the shareholders and stakeholders from an overall perspective.

Highlight the Following Key Factors:

► Business Description: a particular description of agency operations and enterprise departments.

► Company Strategy: The analyst's precis of the company's commercial enterprise strategy.

► SWOT Analysis: Detailed evaluation of the company's strengths, weaknesses, opportunities, and threats.

► Company History: The development of predominant occasions associated to the company.

► Main merchandise and services: A listing of the company's fundamental products, services, and brands.

► Main Competitors: A listing of the company's fundamental competitors.

► Important places and subsidiaries: The company's major places and subsidiaries' listing and contact information.

► Detailed economic ratios of the previous 5 years: The trendy monetary ratios come from the annual economic statements issued by means of agencies with a record of 5 years.

Table of Contents

Global Agricultural Adjuvants Market Research Report 2023-2029

1 Agricultural Adjuvants Market Overview

1.1 Product Overview and Scope of Agricultural Adjuvants

1.2 Agricultural Adjuvants Segment by Type (Product Category)

1.3 Global Agricultural Adjuvants market Segment by Application

1.4 Global Agricultural Adjuvants Market by Region (2023-2029)

1.4.1 Global Agricultural Adjuvants Market Size (Value) and CAGR (%) Comparison by Region (2023-2029)

1.4.2 North America Status and Prospect (2023-2029

1.4.3 Europe Status and Prospect (2023-2029)

1.4.4 China Status and Prospect (2023-2029)

1.4.5 Japan Status and Prospect (2023-2029)

1.4.6 Southeast Asia Status and Prospect (2023-2029)

1.4.7 India Status and Prospect (2023-2029)

1.5 Global Market Size (Value) of Agricultural Adjuvants (2023-2029)

1.5.1 Global Agricultural Adjuvants Revenue Status and Outlook (2023-2029)

1.5.2 Global Agricultural Adjuvants Capacity, Production Status and Outlook (2023-2029)

…

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