Global Agricultural Adjuvants Market Size study & Forecast, by Product (Activator Adjuvants, Utility Adjuvants), by Application (Herbicides, Insecticides, Fungicides, Others), by Source (Petroleum-based, Bio-based), by Formulation (Oil-based, Others), by Type by crops (Organic, Conventional) and Regional Analysis, 2023-2030
Global Agricultural Adjuvants Market is valued at approximately USD 3.65 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 4.7% over the forecast period 2023-2030. Agricultural Adjuvants are the additional additives in fertilizers and pesticides for healthy crop production and improve overall performance. The Agricultural Adjuvants Market is expanding because of factors such as an increase in the popularity of crop protection products and a rise in demand for high agricultural yield. However, a rise in the cost of agricultural plantations and strict laws associated with agricultural adjuvants tend to hinder market growth.
An increase in the popularity of crop protection products leads to growth in the Agriculture Adjuvants Market as this market also helps in healthy crop production according to Statista 2023, crop protection products were worth about USD 78.72 billion in 2022 which lead to increase in agriculture adjuvants market. According to OECD (Organization for Economic Co-operation and Development) total food consumption is expected to rise by 1.3 % per annum to 2032, indicating an increase in the share of agricultural commodities used as food this rapid increase in agriculture commodities leads to a rise in the crop protection market. The introduction of innovative crop protection products and collaboration between key players are opportunities for Agriculture Adjuvants Market to grow. For Example, In 2021, Attune Agriculture a agricultural adjuvant company partnered with Nufarm Grupo and manufactured Ampersand adjuvant in Mexico. This production resulted as a opportunity for the company as well as the market.
The key regions considered for the Global Agricultural Adjuvants Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 as it is the largest producer of the agriculture sector. Rising demand for staple food and other food products has pushed the need for high crop yield. Moreover, the support from governmental and private organizations to support agricultural production has led this market to grow in this region. Europe is expected to grow significantly over the forecast period, owing to factors such as that some European countries have resulted in growth in the production of crops additionally growing population in this region is a factor leading this market in this region.
Major market player included in this report are:
Bayer Cropscience Ltd.
Clariant AG
Solvay SA
The Dow Chemical Company
Attune Agriculture
Evonik Industries AG
Ingevity
Nufarm Limited
Corteva Agriscience
Croda International PLC
Recent Developments in the Market:
In May 2022, Solvay launched a new Renewable Materials and Biotechnology platform and develop innovative and sustainable solutions for a range of markets. This use of renewable resources and biotechnology allow the company to solve the challenges faced by society.
In May 2023, Dow and New Energy Blue together announced a partnership in which New Energy Blue create bio-based ethylene from renewable agricultural residues. Dow agrees to purchase this bio-based ethylene and unlock the value of agriculture residues.
In January 2021, Attune Agriculture, the pioneer in creating hydrocolloid technology to produce performance-first products in agriculture, is bringing its row crop adjuvant, Accomplice, to every state. The all-in-one adjuvant Accomplice was created especially for row crops to control drift and enhance pesticide efficacy. formulated to be as compatible as possible with the whole range of traditional pesticides.
Global Agricultural Adjuvants Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Product, Application, Source, Formulation, Type by Crops, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Activator Adjuvants
Utility Adjuvants
By Application:
Herbicides
Insecticides
Fungicides
Others
By Source:
Petroleum-based,
Bio-based
By Formulation:
Oil-based,
Others
By Type by Crop:
Organic
Conventional
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
Companies Mentioned
Bayer Cropscience Ltd.
Clariant AG
Solvay SA
The Dow Chemical Company
Attune Agriculture
Evonik Industries AG
Ingevity
Nufarm Limited
Corteva Agriscience
Croda International PLC
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.