[195+ Pages Report] The latest finding surrounding the “Global Agricultural Adjuvants Market” report published by Facts & Factors offers a neatly packaged and comprehensive read. In this study, the global agricultural adjuvants market is projected to reach a value of USD 5.4 Billion by 2026 growing at a CAGR of 7.5% from an initial value of USD 3.2 Billion in the year 2020.
Agricultural adjuvants are a composite that is often used for enhancing and multiplying the measures from pesticides, herbicides, insecticides, fungicides, and other agents that are used for controlling and regulating unwanted pests. These adjuvants are often not useful when sprayed primarily and are used as composite substances. Among the various types of agricultural adjuvants, the most common ones are surfactants, emulsifiers, oils & salts.
The global agricultural adjuvants market is expected to witness a higher market growth during the advent of the forecast period owing to contributing factors such as the rising need for green-based adjuvants coupled with increasing demand for improving efficiency to name a few. Additionally, increasing the efficacy and effectiveness of agrochemicals coupled with an increased focus on the health of the consumers will increase the footprint of the global agricultural adjuvants market during the advent of the forecast period. Moreover, increased consumption of organically produced foods during the forecast period owing to the manufacturing of adjuvants products at cost-effective measures is expected to fuel the growth of the global agricultural adjuvants market during the advent of the forecast period.
The global agricultural adjuvants market is driven by increasing demands for decreasing contamination of freshwater bodies coupled with rising integration of herbicides-based applications to name a few. Additionally, the advanced technologies in the pesticide application coupled with rising disposable income among consumers are expected to boost the growth of the global agricultural adjuvants market during the advent of the forecast period. However, stringent regulations for manufacturing adjuvants and disruptions in the supply chain due to the ongoing pandemic are expected to hamper the growth of the global agricultural adjuvants market to a fair extent.
The global agricultural adjuvants market is segmented into crop type, application, adoption stage, formulation type, and region.
On the basis of crop type, the global agricultural adjuvants market can be broken down into cereals & grains, oilseeds & pulses, fruits & vegetables, and others. The segment pertaining to cereals & pulses is expected to witness the largest market share during the advent of the forecast period owing to a surge in population coupled with a subsequent rise of demand for food materials to name a few. On the basis of application, the global agricultural adjuvants market is categorized into herbicides, fungicides, and insecticides. The segment pertaining to herbicides is expected to witness the largest market share during the advent of the forecast period owing to additional properties such as disease resistance and herbicide tolerance coupled with increasing instances of early germination of pesticide-based attacks to name a few. Based on the adoption stage, the global agricultural adjuvants market is fragmented into in-formulation and tank-mix. The tank-mix segment is expected to occupy the largest market share during the advent of the forecast period owing to increased mitigating negative properties such as drift and bouncing coupled with improving the overall performance of the plant protection after products to name a few. On the basis of formulation type, the global agricultural adjuvants market is bifurcated into suspension concentrates and emulsifiable concentrators. The segment pertaining to suspension concentrators is expected to occupy the largest market share during the advent of the forecast period owing to the ability of the latter to be dispersed in water coupled with increasing popularity owing to the absence of dust and flammable liquids and ease of usage to name a few.
Report Attribute |
Details |
Market Size in 2020 |
USD 3.2 Billion |
Projected Market Size in 2026 |
USD 5.4 Billion |
CAGR Growth Rate |
7.5% CAGR |
Base Year |
2020 |
Forecast Years |
2021-2026 |
Key Market Players |
BASF SE, Nutrein Ltd., Evonik Industries AG, Solvay S.A., Nufarm Limited, Helena Agri-Enterprises LLC, Nouryon, Stepan Company, Croda International plc., Brandt Consolidated, Inc., Wilbur-Ellis Holdings, Inc., INNVICTIS Crop Care, Miller Chemical & Fertilizer LLC, KALO, Inc., and Corteva Agriscience, Inc., among others. |
Key Segment |
Crop Type, Application, Adoption Stage, Formulation Type, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Purchase Options |
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Asia-Pacific is expected to witness the largest market share during the advent of the forecast period owing to vast agricultural lands coupled with rising per capita income among the users to name a few. Additionally, the region is home to economies that are based heavily on agriculturally based GDPs coupled with a higher rate of industrialization will increase the footprint of the agricultural adjuvants market during the advent of the forecast period. Moreover, rapid urbanization coupled with the rising number of farmers opting for practices increasing chemical pesticides for yielding a higher volume of crops will boost the growth of the agricultural adjuvants market during the forecast duration.
The key market participants for the global agricultural adjuvants market are:
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