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The
agricultural adjuvants market
size was valued at
USD 3.5 billion in 2021
and is anticipated to achieve
USD 5 billion by 2030, expanding at a
CAGR of around 4%
during the forecast catamenia, 2022 – 2030. The growth of the market is attributed to the increasing demand for efficient insecticides globally.
Adjuvants for agronomics are supplements that can be used with pesticides, fungicides, and herbicides to increase their say-so. Adjuvants are not employed on their own but greatly increase the effectiveness of other ingather protection treatments. These may exist an integral component of the formulation (built-in adjuvants) or an additional substance that is combined with the ingather protection agent earlier information technology is sprayed on the crops.
The COVID-19 pandemic had a negative impact on numerous economies worldwide. A function of the global agriculture industry, such as
crop protection chemicals, has been severely harmed by the combat methods used to fight COVID-xix, such as complete quarantine and lockdown. As the chemical manufacturing facilities in many nations accept been disrupted, this crisis has directly affected the rates of development for agricultural adjuvants over the final few months. Due to the disruption in transportation and logistics, the marketplace for
agriculture adjuvants
had a significant slowdown in sales in the offset quarter of 2020.
Market Trends, Drivers, Restraints, and Opportunities
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Growing demand for green adjuvants is projected to drive the market during the forecast period.
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Increasing focus on consumption of organic food is estimated to fuel the market place during the projected period.
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Rising demand for food due to the increasing population is expected to boost the market in the coming years.
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Strict guidelines for producing adjuvants are anticipated to hinder the market growth.
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Increasing research & evolution to advance agricultural adjuvant application technology is estimated to create immense opportunities for the marketplace players during the forecast period.
Scope of the Report
The report on the global agricultural adjuvants market includes an cess of the market, trends, segments, and regional markets. Overview and dynamics take also been included in the report.
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Market Segment Insights
The activator adjuvants segment deemed for a major market place share in 2021
Based on types, the market is segregated into utility adjuvants and activator adjuvants. The utility adjuvants segment is further segregated into water status agents, buffering agents, drift control agents, compatibility agents, and others. The activator adjuvants segment is further bifurcated into oil-based adjuvants and surfactants. The activator adjuvants segment deemed for a major market share in 2021 due to their piece of cake accessibility and lower cost when compared to utility adjuvants, they are widely utilized in
agrochemicals. Oil carriers and surfactants (non-ionic, cationic, and anionic) are included in the activator adjuvants. The most ofttimes suggested adjuvants for herbicides are surfactants, primarily for systemic and water-soluble herbicides. The utility adjuvants segment is estimated to aggrandize at a high CAGR during the forecast flow due to the growing usage of pesticides to control numerous unwanted things in crops.
The suspension concentrate segment is expected to hold major market share during the forecast menses
On the basis of formulations, the market is bifurcated into emulsifiable concentrate and interruption concentrate. The suspension concentrate segment is expected to hold major market share during the forecast period. Growth of the segment is attributed to its rising demand as a result of a variety of advantages including lack of grit and small particle size of the agile components, which minimizes environmental concerns, simplicity, and loftier effectiveness.
The insecticides segment is estimated to expand at a high CAGR during the forecast period
In terms of applications, the market place fragmented into fungicides,
insecticides, herbicides, and others. The herbicides segment accounted for a major market place share in 2021. In the agriculture manufacture, chemicals called herbicides are widely employed. The insecticides segment is estimated to expand at a high CAGR during the forecast period. The growth of the segment is attributed to rising demand for a diverseness of crops, including cereals, grains, fruits, and vegetables.
The cereal & grains segment deemed for a major market share in 2021
Based on crops, the market is divided into fruits & vegetables, oilseeds & pulses, cereal & grains, and others. The cereal & grains segment accounted for a major market share in 2021. The need for agronomical adjuvants is being driven past rising consumption of cereal and grains like barley, sorghum, oats, corn, rye, wheat, and
rice
in several places. The fruits & vegetables segment is projected to grow at a rapid pace during the forecast period. The demand for fresh veggies has increased globally due to rising health consciousness among consumers.
Asia Pacific dominated the marketplace in 2021
On the basis of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Heart E & Africa. Asia Pacific dominated the market in 2021. Growing awareness among farmers of the advantages of adjuvants and increasing relevance of industrial and high-value crops are projected to bulldoze the market in the region. Additionally, continuous R&D initiatives on improved and constructive adjuvant solutions are anticipated to drive the market in the coming years. The use of adjuvants is encouraged by the government policies made by European nations toward sustainable agriculture methods, which is a major driver boosting this market’s expansion in the region.
Segments
The global agronomical adjuvants market has been segmented on the basis of
Types
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Utility Adjuvants
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H2o Condition Agents
-
Buffering Agents
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Migrate Control Agents
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Compatibility Agents
-
Others
-
-
Activator Adjuvants
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Oil-based Adjuvants
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Surfactants
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Formulations
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Emulsifiable Concentrate
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Intermission Concentrate
Applications
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Fungicides
-
Insecticides
-
Herbicides
-
Others
Crops
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Fruits & Vegetables
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Oilseeds & Pulses
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Cereal & Grains
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Others
Regions
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Asia Pacific
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North America
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Latin America
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Europe
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Centre East & Africa
Primal Players
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Stepan Company
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Wilbur-Ellis Company LLC
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WinField United
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Helena Chemic Visitor
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Miller Chemical & Fertilizer, LLC.
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BASF SE
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Croda International PLC
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Nufarm Limited
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Ingevity
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Evonik Industries AG
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Huntsman International LLC.
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The Dow Chemical Company
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Corteva Agriscience
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Solvay
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Clariant AG
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Nutrien Ltd.
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Helena Agri-Enterprises LLC
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Nouryon
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Brandt Consolidated, Inc.
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INNVICTIS Crop Care, LLC
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KALO, Inc.
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Precision Laboratories Inc.
Competitive Mural
Key players competing in the agricultural adjuvants marketplace include Stepan Company; Wilbur-Ellis Visitor LLC; WinField United; Helena Chemical Visitor; Miller Chemical & Fertilizer, LLC.; BASF SE; Croda International PLC; Nufarm Express; Ingevity; Evonik Industries AG; Huntsman International LLC.; The Dow Chemical Visitor; Corteva Agriscience; Solvay; Clariant AG; Nutrien Ltd.; Helena Agri-Enterprises LLC; Nouryon; Brandt Consolidated, Inc.; INNVICTIS Ingather Care, LLC; KALO, Inc.; and Precision Laboratories Inc. Some of the key players in the market are using several market strategies such as collaborations, partnerships, acquisitions, mergers, and product launches to increment their market place shares. For instance,
-
In Feb 2021, A fermentation facility in Lake Providence, Louisiana, was purchased by Stepan Company (Mexico).
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In May 2020, the new NBP conception was introduced by Clariant AG. It is a brand-new polar aprotic solvent for agricultural adjuvant compositions fabricated by Genagen.
Source: https://growthmarketreports.com/report/agricultural-adjuvants-market-global-industry-analysis
