Agricultural Adjuvants Market Overview
A new report on the global agricultural adjuvants market published by Market Research Future (MRFR), calculates that this market can expands at 4.95 % CAGR during the forecast period (2022-2030). Analyzing the market, this report features expert opinions to present insights into the future growth potential of this market.
In the agricultural sector, the modern and scientific ways of farming can yield better results. Traditional farming results in limited agricultural output in countries where modern farming methods are yet to be adopted even if the majority of people involved in the agriculture sector. On the other hand, some countries (developed countries) few people in the farming profession but the agricultural output is far higher due to the adoption of modern farming methods.
The most imperative market driver for the global agricultural adjuvants market trends is the necessity for crop protection. Due to modern farming methods, agricultural adjuvants can improve the immunity system of crops. They can also improve the cost-effectiveness of such products, along with the efficiency of pesticides. Increasing awareness among the farmers and acceptance of surfactants are also boosting the market growth. Other factors elevating the market growth include a change in farming practices technology, continuous rising population, rising demand for agrochemical products, and the necessity for high agricultural productivity.
Big players in the global agricultural adjuvants market are Adjuvant Plus Inc. (Canada), AkzoNobel N.V. (Netherlands), Clariant International Ltd (Switzerland), Croda International PLC (UK), Dow Corning Corp. (USA), Evonik Industries AG (Germany), Huntsman Corp. (USA), Helena Chemical (USA), Nufarm Ltd (Australia), and Solvay (Belgium).
The global agricultural adjuvants market report is segmented by type, application, and crop type. MRFR’s research on the market highlights many factors of the market in depth.
By type, the market has been segmented into activator adjuvants, utility adjuvants, and others. Among these segments, the activator adjuvants segment is expected to dominate the market during the forecast period due to the increased demand for natural surfactants.
The application-based segmentation of the market can cover fungicides, herbicides, insecticides, and others. The report mentions herbicide as the fastest-growing segment because it is useful for destroying unwanted vegetation (like a weed) that draws nutrition from the soil that is meant for crops.
Regarding crop type, the agricultural adjuvants market has been segmented into fruits and vegetables, grains and cereals, oilseeds and pulses, and others. In developing countries, grains and cereals dominate the market. The substantial growth of the fruits and vegetables segment has been estimated until 2030. Adjuvants (also known as spray adjuvants) are tank-mixed in the spray solutions and not only improve but also enhance the spray application process.
The global agricultural adjuvants market is segmented geographically into North America, Europe, Asia Pacific, and the Rest-of-the-World (RoW).
North America dominates the global agricultural adjuvants market, followed by Europe. The growth in this region is strong due to strict government regulations regarding food safety. Due to the presence of some of the major market players, the USA and Canada contribute the most revenue to the market, followed by Mexico. The European region follows North America in its demand generation for adjuvants due to the cultivation of a large number of crops such as rye, barley, wheat, and others.
As contemporary farming practises are adopted in China, India, Indonesia, and Japan, the Asia Pacific region is anticipated to experience the quickest growth in the regional agricultural adjuvants market trends over the forecast period.
The RoW segment covers uncategorized regions and countries, among which, Brazil is the most important market.
Latest Industry News
- The American Farm Bureau Federation and the National Industrial Hemp Council have asked the Environmental Protection Agency (EPA) to add ten crop protection products for its use in the cultivation of hemp. Some products have the ingredients of agricultural adjuvants.
- Syngenta has launched Vayantis Fungicide for crop protection. Vayantis Fungicide can protect crops like canola, cereals, corn, oilseed rape, and soybeans from bacterial infection. The agricultural adjuvant contained by Vayantis Fungicide is Picarbutrazox can save crops from Pythium and Phytophthora and thus, ensure better germination, stronger stand establishment, and higher yields.
NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street,5Th Floor, New York, New York 10013, United States of America