Covina, United States: Global Agricultural Adjuvants Market, By Type (Activator Adjuvants (Surfactants and Oil Adjuvants) and Utility Adjuvants), By Application (Insecticide Adjuvants, Herbicide Adjuvants Fungicide Adjuvants and Others), and by Region (North America, Europe, Asian Pacific, Latin America, and Middle East & Africa) – Trends, Analysis, and Forecast till 2029
Agricultural Adjuvants Market Outlook
- Market Value 2018: US$ 3.1 Bn
- Market Value Estimation 2030: US$ 64 Bn
- CAGR: 6.2%
Agriculture Adjuvants are frequently used in agriculture to enhance the performance of herbicides and pesticides, including easier mixing and handling, higher efficacy and safety, improved distribution, and less drift. When applying pesticides, adjuvants for agricultural sprays are used to increase the potency of the pesticides, herbicides, insecticides, fungicides, and other agents that kill or control unwanted pests. Adjuvants for agricultural sprays don’t actively inhibit or kill pests, unlike adjuvants for medical sprays. As a result, the pesticide is better able to penetrate, target, and protect the target organism because of these additives, which change a property of the spray solution.
Top News relating to Industry, Innovation:
- In January 2022 – Accomplish MAXTM, a next-generation biocatalyst that improves nutrient efficiency and crop stress tolerance, has been launched by Loveland Products, a global producer of novel crop input solutions and a subsidiary of Nutrien Ltd. Accomplish MAX is a liquid fertiliser designed for use with in-furrow starters, 2×2 placement of liquid fertilisers, and liquid sidedress applications, and is available through Nutrien Ag Solutions retail stores.
- In October 2021 – Nachurs Alpine Solutions has launched a new product line in its agriculture portfolio, Advanced Adjuvants.Matt Cimino, Adjuvants Manager, will be in charge of the launch of the new Advanced Adjuvants brand. Adjuvants are becoming more and more necessary for producers in order to improve the efficacy and safety of today’s crop protection solutions.
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Key Segmentation of the Agricultural Adjuvants market:
Global Agricultural Adjuvants Market accounted for US$ 3.1 billion in 2020 and is estimated to be US$ 5.64 billion by 2030 and is anticipated to register a CAGR of 6.2%. Global Agricultural Adjuvants is segmented into type, application and region.
- Based on Type, the Global Agricultural Adjuvants Market is segmented into Activator Adjuvants (Surfactants and Oil Adjuvants) and Utility Adjuvants.
- Based on Application, the Global Agricultural Adjuvants Market is segmented into Insecticide Adjuvants, Herbicide Adjuvants Fungicide Adjuvants and Others.
- By Region, the Global Agricultural Adjuvants Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America market dominates the global market in terms of revenue and is expected to continue its dominance over the forecast period.
The Agricultural Adjuvants Market Report mentions the following promising regions:
- North America- U.S., Canada
- Europe- UK, Germany, Spain, France, Italy, Russia, Rest of Europe
- Asia Pacific- Japan, India, China, South Korea, Australia, Rest of Asia-Pacific
- Latin America- Brazil, Mexico, Argentina, Rest of Latin America
- Middle East & Africa- South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa
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Top-tier significant players:
The prominent player operating in the global Agricultural Adjuvants market includes Adjuvant Plus Inc., Akzonobel N.V., Brandt Consolidated Inc., Croda International PLC, Dow Corning Corp., Evonik Industries AG, Garrco Products Inc., Helena Chemical Company, Huntsman Corp., and Interagro Ltd.
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