Press release
Agriculture Adjuvants Market Size, Share, Industry Outlook, Latest Trends, Business Growth, Segmentation, and Forecast to 2028
MarketsandMarkets™
The [https://www.prnewswire.com/news-releases/agricultural-adjuvants-market-worth-4-8-billion-by-2028--exclusive-report-by-marketsandmarkets-301862843.html] is projected to grow from USD 3.8 billion in 2023 to USD 4.8 billion by 2028, growing at a CAGR of 4.7% during the forecast period. Adjuvants improve crop protection chemicals' solubility, stability, and spreadability. The potential for developing and enhancing agriculture adjuvants is rising because of the increasing demand for sustainable agriculture. Adjuvants help increase the efficacy of a pesticide spray, which reduces the amount of pesticide needed. Thus, it helps farmers reduce the amount of crop protection chemicals they use, ensuring the sustainability of farming.
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Based on application, the herbicides segment accounted for the largest share of the agriculture adjuvants market.
Herbicides are widely used in agriculture for weed control. Weeds compete with crops for resources such as nutrients, sunlight, and water, leading to reduced crop yields. The rise of herbicide-resistant weeds is a significant concern in agriculture. Herbicide-resistant weed populations have been increasing globally, making weed control more challenging. To manage these challenges, agricultural adjuvants are increasingly being used.
Based on crop type, cereal & grain accounted for the fastest market share of the agriculture adjuvants market.
Cereal and grain crops, such as wheat, corn, rice, barley, and oats, are staple food crops cultivated extensively worldwide. Cereal and grain crops have high commercial value due to their widespread consumption as food, animal feed, and raw materials for various industries. The large-scale cultivation of these crops leads to significant demand for crop protection products, including adjuvants, to ensure optimal yield and quality.
The North American market is projected to contribute the largest share of the agricultural adjuvants market.
The demand for agriculture adjuvants in North America is experiencing notable growth due to the increasing use of precision farming in the region. This creates a favorable business environment for adjuvants manufacturers and consumers in the region. North America has the presence of major agricultural adjuvants companies, that offer a wide range of products catering to different crop types and application requirements.
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The key players in the agriculture adjuvants market include Corteva Agriscience (US), Evonik Industries AG (Germany), Croda International Plc (UK), Nufarm Limited (Australia), Solvay SA (Belgium), BASF SE (Germany), Huntsman International LLC. (US), Clariant AG (Switzerland), Helena Agri-Enterprises, LLC (US), and CHS Inc. (US).
Corteva Agriscience
Corteva Agriscience is a leading global agricultural company that provides products and services to farmers worldwide. The company operates through two business segments- seed and crop protection. Corteva offers a diverse portfolio of adjuvants designed to enhance the performance and efficacy of agricultural products. Corteva's adjuvant business focuses on providing innovative solutions that improve the application and effectiveness of pesticides, herbicides, and other crop protection products. Corteva offers Gateway Trademark agricultural adjuvants, a non-ionic paraffinic oil blend surfactant. The product is used with industrial vegetation management and range and pasture products.
Nufarm
Nufarm is primarily engaged in the production and marketing of agricultural chemicals and crop protection products. Nufarm has a presence in North America, Europe, and Asia Pacific, with North America accounting for the largest share of its sales. The company operates through two business segments-Crop Protection and Seed Technologies. Nufarm recognizes the importance of adjuvants in optimizing the efficacy of crop protection products and provides various solutions to meet the specific needs of farmers and other agricultural stakeholders. Nufarm offers different adjuvants, including surfactants, water conditioners, foam markers, etc.
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Agriculture Adjuvants Market Segmentation:
This research report categorizes the agricultural adjuvants market based on formulation, adoption stage, function, crop type, application, and region.
By Formulation
Suspension Concentrates
Emulsifiable Concentrates
By Adoption Stage
In-Formulation
Tank Mix
By Application
Herbicides
Insecticides
Fungicides
Other Applications
By Region:
North America
Europe
Asia Pacific
South America
Rest of the World (RoW)
Key Questions Addressed by the Agriculture Adjuvants Market Report [https://www.marketsandmarkets.com/Market-Reports/adjuvant-market-1240.html]:
Which region is projected to account for the largest share of the agriculture adjuvants market?
What is the forecasted size of the global agriculture adjuvants market?
Which are the major agriculture adjuvants function considered in the study, and which segments are projected to have favorable growth rates in the future?
Which crop type accounts for largest consumption of agriculture adjuvants?
Which are the key players in the market, and how intense is the competition?
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