Market Overview
Agriculture is asector where modern and scientific ways of farming can yield better results.
There are countries where more than 80% of people are in the farming
profession, but due to the limitations that are part and parcel of traditional
farming, the agricultural output is limited. On the other hand, some countries
with just 20% of people in the farming profession produce more agricultural
outputs due to the modern and scientific methods of agriculture being in vogue.
For example, the United States of America (USA) is among the highest
agricultural producers in the world despite few people in the farming
profession there. This is because of advanced technologies and scientific
methods of the agriculture being practiced there.
Adjuvants, aninnovative contribution by the modern farming methods improve the performance
of products used for crop protection. They also improve the cost-effectiveness
of such products. Agricultural adjuvants can enhance the efficiency of the
pesticides products. The factors that drive the agricultural adjuvants market
include rising demand for agrochemical products, change in farming practices
& technology, increasing acceptance of modern farming & protected
agriculture, continuous rising population, and the necessity for high agricultural
productivity. Increasing awareness among the farmers is also boosting the
growth of the market. Increase in pesticide usage in agriculture can contribute
to the growth of this market. However, the market growth can go for a toss if
agricultural adjuvants are not used properly because improper use can damage
the crop.
Key Players
The key players in theglobal agricultural adjuvants market include Akzonobel N.V. (Netherlands),
Adjuvant Plus Inc. (Canada), Clariant International Ltd (Switzerland), Croda International
PLC (UK), Dow Corning Corp. (USA), Evonik Industries AG (Germany), Helena
Chemical (USA), Huntsman Corp. (USA), Nufarm Ltd (Australia), and Solvay
(Belgium).
SegmentalAnalysis
The global agriculturaladjuvants market report is segmented on the basis of types, application,and crop type.
The types of agricultural adjuvantsavailable in the market are activator adjuvants, utility adjuvants, and others.
Among these, the activator adjuvant segment is expected to dominate the market
share over the review period. The augmented demand for natural surfactants is
estimated to substantially contribute to the growth of the activator adjuvants
segment in the forecast period.
Based on the application, the agriculturaladjuvants market size is segmented into fungicides, herbicides, insecticides,
and others. Among these, the herbicides segment is assessed as the fastest
growing segment based on the growing demand for herbicides in the market.
Additionally, the fungicides segment is projected to rise at a steady growth
rate over the evaluation period.
The crop types that are significant to themarket are segmented into fruits & vegetables, grains & cereals,
oilseeds & pulses, and others. Among these, cereals & grains dominate
the market share, since it is the staple food in the majority of the regions
across the globe. Nevertheless, the fruits and vegetable segment is also
anticipated to witness substantial growth over the forecast period.
Market Research Future(MRFR) has published a research report about the global agricultural adjuvants
market that vaticinates surge for this market with 5.4% CAGR (Compound Annual
Growth Rate) between 2017 and 2023. This report analyzes the market structure
and features expert opinions to present insights into the future growth
potential of this market. According to this report, farmers are becoming more
accepting of surfactants, an activator adjuvant. The bio-based agricultural
adjuvants are anticipated to enhance the market growth over the forecast
period.
RegionalAnalysis
The global agricultural adjuvants markethas been studied in North America, Europe, Asia Pacific, and the
rest-of-the-world (RoW).
The North American region is dominating theglobal agricultural adjuvants industry analysis, followed by Europe. Developed
countries such as the U.S. and Canada are the substantial contributors in North
America to the agricultural adjuvants market. Strict government rules regarding
food safety are driving the agricultural adjuvants market in this region. The
growing awareness regarding modern farming methods, the development of
large-scale agriculture, growing demand for food products are factors expected
to impact the market growth in this region over the assessment period.
Europe is a significant region of theglobal agricultural adjuvants and is expected to acquire a substantial market
valuation over the assessment period. Developing countries such as Spain and
Germany are likely to contribute majorly to the agricultural adjuvants in the
European region.
The Asia Pacific (APAC) region is expectedto be the fastest growing region for agricultural adjuvants market. Increasing
agricultural practices in China, India, Indonesia, and Japan, is driving the
growth of the agricultural adjuvants in this region. In the rest of the world,
Brazil is anticipated to account for the significant share of agricultural
adjuvants market.
The regionalsegmentation of the global agricultural tractors market comprises of North America, Europe, AsiaPacific, and rest of the world (RoW). According to the report, North America is
dominating the market followed by Europe. The USA and Canada are the major
contributors in the North American market, followed by a minor but significant
contribution by Mexico. Strict government regulations regarding food safety are
driving the market in this region. Similarly, Spain and Germany are the major
contributors to the agricultural adjuvants in the European region. Government
regulations in Europe may not be as strict as they are in North America, but
they are strict. After Spain and Germany, the other major contributors to the
market include France, Italy and the United Kingdom (UK). During the forecast
period, Asia Pacific is expected to be the fastest growing regional market.
Modern agricultural practices are slowly growing in India, China, Japan, and Indonesia.
This is driving the growth of the agricultural adjuvants in this region. In
rest of the world, Brazil is expected to occupy a major share of the market
during the forecast period.
Latest IndustryNews
- Monsanto Company has collaborated with Adjuvants Unlimited, LLC to develop an agricultural sprayer system cleaner
that has been designed to deactivate dicamba. 24 APR 2018 - Sapec Agro Business acquired the French company SDP, through its subsidiary Tradecorp. Tradecorp is Sapec's
specialty crop nutrition division. SDP’s adjuvants are expected to enhance
the Sapec Agro Business global portfolio. 26 JUL 2018.
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