USD 3.52 billion
Global Agricultural Adjuvants Market Size, Share, Growth Analysis, By Formulation(Suspension Concentrate, Emulsifiable Concentrate), By Adoption Stage(In-Formulation, Tank-Mix), By Function(Activator Adjuvants (Surfactants, Oil-based Adjuvants)), By Application(Insecticides, Herbicides), By Crop Type(Cereals & Grains (Corn, Wheat) - Industry Forecast 2024-2031
Report ID:
SQMIG15C2038 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
153 |
Figures:
78
Global Agricultural Adjuvants Market Insights
Global Agricultural Adjuvants Market size was valued at USD 3.52 billion in 2019 and is poised to grow from USD 3.7 billion in 2023 to USD 5.56 billion by 2031, growing at a CAGR of 5.2% in the forecast period (2024-2031).
Adjuvants increase the penetration of active chemicals in pesticides into plant leaves, enhancing their efficiency. In turn, this lowers the number of active substances needed to make pesticides, which lowers the price of pesticides. Agricultural adjuvants must be safe to use and reduce the environmental impact of washed-off foliar-sprayed insecticides because they fall under regulatory oversight. These are the main elements influencing the market. The global market is also being driven by rising demand for crop protection chemicals. In the last decade, there has been a greater emphasis on the potential environmental consequences of excessive pesticide use. This element is increasing demand for agricultural adjuvants and, as a result, market revenue. The drift of spray drops during crop protection chemical application (due to meteorological circumstances, application technology, and physical and chemical properties of pesticides) has contaminated water bodies in diverse places. This has upsurged the demand for agricultural adjuvants, which, thereby has contributed to the market growth.
US Agricultural Adjuvants Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Tank-Mix
Fastest Growth
Tank-Mix
Growth Rate
5.2% CAGR
Global Agricultural Adjuvants Market 2021-2028 ($ Mn)
Country Share for North America Region- 2021 (%)
Global Agricultural Adjuvants Market Size by Adoption Stage 2021-2028 ($ Mn)
Global Agricultural Adjuvants Market Size by Adoption Stage 2021-2028 (%)
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Global Agricultural Adjuvants Market Segmental Analysis
Global Agricultural Adjuvants market is segmented based on formulation, adoption stage, function, application, crop type, region. Based on the formulation, the Agricultural Adjuvants Market is segmented into suspension concentrate, emulsifiable concentrate. Based on the adoption stage, the Agricultural Adjuvants Market is segmented into in-formulation, tank-mix. Based on the function, the Agricultural Adjuvants Market is segmented into activator adjuvants (surfactants, oil-based adjuvants), utility adjuvants (compatibility agents, buffers/acidifiers, antifoam agents, water conditioners, antidrift agents, other utility adjuvants). Based on the application, the Agricultural Adjuvants Market is segmented into insecticides, herbicides, fungicides, and other applications. Based on the crop type, the Agricultural Adjuvants Market is segmented into cereals & grains (corn, wheat, rice, others), oilseeds & pulses (soybean, others),
fruits & vegetables, and other crop types. Based on the region it is categorized into North America, Europe, Asia-Pacific, South America, and MEA.
Agricultural Adjuvants Market Analysis by Adoption Stage
Based on the adoption stage, the market is segmented into in-formulation, tank-mix. Among these, the tank-mix segment of the market is projected to hold the most substantial market share. The ease of use and lower capital investment by farmers in these products are critical considerations that enhance farmer acceptance of in-formulation adjuvants. Farmers in underdeveloped countries like India, China, Thailand, and other Asian and African countries save money on tank-mix adjuvants. As a result, pesticide makers in these countries create insecticides that are pre-mixed with adjuvants, primarily surfactants. However, as the research of various adjuvants continues, manufacturers are investing in the creation of novel tank-mix solutions for industrialized countries. As a result, the tank-mix segment is expected to be the fastest-growing in the future years.
Global Agricultural Adjuvants Market By Adoption Stage, 2021 (%), 2023 (%)
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Global Agricultural Adjuvants Market Regional Insights
In 2021, North America is expected to have the biggest share of the market. The importance of industrial and high-value crops is increasing, and farmers are becoming more aware of the advantages of adjuvants, two factors that are predicted to improve market potential. Additionally, it is anticipated that continuous R&D efforts on improved and effective adjuvant treatments will expand the market's potential for expansion. Adjuvant usage is encouraged by government regulations enacted by European nations toward sustainable farming methods, which is a major factor fueling the expansion of this industry in the region.
Further, attributing to the rising crop protection chemicals market, market growth in South America and Asia Pacific is expected to be significant. Furthermore, increased crop producer awareness of the benefits of adjuvants with spray chemicals is another driver driving the global market in these two regions.
Global Agricultural Adjuvants Market By Geography, 2021 - 2028, 2024-2031
- Largest
- Fastest
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Global Agricultural Adjuvants Market Dynamics
Agricultural Adjuvants Market Driver
- The majority of adjuvants used in crop protection chemicals are generated mostly from petroleum or other hazardous chemical sources. Excessive usage of such chemically generated adjuvants in pesticides has an impact on the environment, crop nutritional content and quality, and human health. As a result, government officials and chemical manufacturers have changed their emphasis to environmentally benign and sustainable goods. This tendency would result in a greater demand for naturally derived products that represent a negligible damage to the environment, as opposed to conventional petroleum-derived products, which are hazardous and can cause bioaccumulation within the ecosystem. Thus, the market is driven by increasing demand for green adjuvants and growing focus on health and consumption of organically produced food.
Agricultural Adjuvants Market Restraint
- Agriculture adjuvant manufacture and registration are subject to various regional restrictions, which makes it challenging for exporters to keep up production facilities and adhere to national standards. Globally strict environmental rules have driven up the price of creating new items and delayed their release. For new players trying to enter this market, this has been a significant obstacle.
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Global Agricultural Adjuvants Market Competitive Landscape
The market is fragmented in nature. The prominent players operating in the market are constantly adopting various growth strategies in order to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key market players are also constantly focused on R&D in order to supply industries with the most efficient and cost-effective solutions.
Agricultural Adjuvants Market Top Player’s Company Profiles
- Akzo Nobel N.V.
- BASF SE
- Dow Chemical Company
- Huntsman Corporation
- Solvay SA
- Clariant AG
- Croda International Plc
- Helena Agri-Enterprises LLC
- Nufarm Limited
- Evonik Industries AG
- Wilbur-Ellis Company LLC
- Stepan Company
- Brandt Consolidated Inc.
- Tanatex Chemicals B.V.
- GarrCo Products Inc.
- Momentive Performance Materials Inc.
- Lamberti S.p.A.
- Loveland Products Inc.
- Precision Laboratories LLC
- WinField Solutions LLC
Agricultural Adjuvants Market Recent Developments
- In March 2022, At the 2022 Commodity Classic in New Orleans, Louisiana, Helena Enterprises LLC (US) debuted a new pest management technique. Protecta's proprietary process claims to produce fungicides and insecticides differently, depending on meticulous design, professional analysis, and proven results. Protecta's fungicides and insecticides have balanced and reliable formulas. They offer improved disease and pest management as well as improved compatibility, handling, and application.
- In March 2022, The WinField United (US) CROPLAN portfolio had an addition of CP3201AX CoAXium, a new spring wheat variety. It is a hard red spring that combines committed industry stewardship with the patented, non-GMO AXigen feature that tolerates in-crop applications of Aggressor herbicide to offer a new weapon for weed management. Additionally, it can be used with foliar fertilizers and is compatible with tank-mixes.
Global Agricultural Adjuvants Key Market Trends
- Increasing research and development to advance technical advancement in crop adjuvant application. Unmanned Surface Vehicles (UAV) such as drones have grown in popularity in recent years because to the high level of precision, economy, convenience, and safety connected with them. Key market participants are releasing new items to meet the growing demand for such products among farmers worldwide.
For example, Clariant, a leading global producer of specialty chemicals for agriculture, announced in April 2022 the launch of DropForward, a focused approach to offering precise application with adjuvants and co-formulants. The company provides Synergen DRT, the first solution for the DropForward idea. Synergen DRT is a drone-specific drift control agent and biological activator. This innovative technique was created in one of the company's cutting-edge facilities in Germany, and it was tested in real-world settings in Brazil. It enables the use of common pesticides in low volume settings such as small drone tanks. In the near future, it is projected that these market trends will increase demand for agricultural adjuvants.
Global Agricultural Adjuvants Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, the Global Agricultural Adjuvants market is segmented based on formulation, adoption stage, function, application, crop type, region. Based on the formulation, the suspension concentrate segment held a significant market share. Based on the adoption stage, tank-mix held a significant market share. Based on the function, activator adjuvants held a significant market share. Based on the application, herbicides held a significant market share. Based on the crop type, cereals & grains held a significant market share. Based on the region, North America and Asia-Pacific held a significant market share.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 3.52 billion |
| Market size value in 2031 | USD 5.56 billion |
| Growth Rate | 5.2% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
| Historical Year | 2019 |
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Agricultural Adjuvants Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Agricultural Adjuvants Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Agricultural Adjuvants Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Agricultural Adjuvants Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Agricultural Adjuvants Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Agricultural Adjuvants Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Agricultural Adjuvants Market Report Snapshots
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