How Global Agricultural Adjuvants Market Players Should Strategize For 2022-2031
6 Oct, 2022
The global agricultural adjuvants market size is expected to grow from $3.38 billion in 2021 to $3.68 billion in 2022 at a compound annual growth rate (CAGR) of 8.8%. The global agricultural adjuvant market size is expected to grow to $5.3 billion in 2026 at a CAGR of 9.6%.
What is the Global Agricultural Adjuvants Market?
The agricultural adjuvants market segment consists of sales of agricultural adjuvants by entities (organizations, sole traders, and partnerships) that are chemicals used to enhance the efficiency of chemicals agents and other pesticides products to eliminate the pests and help in building up response and ability of the pesticides. An agricultural adjuvant is any material (other than water) that is added to an agricultural chemical product to change its physicochemical qualities and/or improve its efficacy. Adjuvants are additives that are either added to the formulation or added to the spray tank to modify chemical fertilizer activity or application characteristics such as better mixing and handling, spray retention, droplet drying and increasing droplet coverage, boosting herbicide cuticle penetration and cellular accumulation, and lowering herbicide leaching through the soil profile are all advantages.
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What drives the Global Agricultural Adjuvants Market?
Increasing demand for agrochemicals is driving the growth of the agricultural adjuvants market. Agrochemicals are chemical products composed of fertilizers, pesticides, and plant-growth hormones used in agriculture. An agricultural adjuvant is an auxiliary that increases the effectiveness of an agrochemical. For instance, in 2019, according to various research, around 2 million tons of pesticides were used globally. Global pesticide usage increased to 3.5 million tons in the year 2020. Thus, the growing demand for agrochemicals is driving the growth of the agricultural adjuvants market.
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https://www.thebusinessresearchcompany.com/report/agricultural-adjuvants-global-market-reportGlobal Agricultural Adjuvants Market Segments
The global agricultural adjuvants market is segmented:
By Type: Activator Adjuvants, Oil Adjuvants, Utility Adjuvants, Surfactants
By Crop Type: Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetables
By Formulation Type: Suspension Concentrates, Emulsifiable Concentrators
By Application: Herbicides, Insecticides, Fungicides, Others
By Geography: The regions covered in the agricultural adjuvants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Agricultural Adjuvants Global Market Report 2022provides market size and growth forecasts for the global agricultural adjuvants market, global agricultural adjuvants market share, agricultural adjuvants market segments and geographies, agricultural adjuvants market competitive landscape including leading competitors’ revenues, profiles and market shares. The agricultural adjuvants market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Agricultural Adjuvants Industry Playersinclude Evonik Industries, Nufarm, Croda International Plc., Clariant International Ltd, Adjuvant Plus Inc., Helena Agri-Enterprises LLC, Solvay, Winfield Solutions LLC, BASF SE, Croda International PLC, Brenntag North America Inc., and Stepan Company. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.