Agricultural Adjuvants Market share forecast to witness considerable growth from 2018 to 2024

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Agricultural Adjuvants market share research by
applications and regions for 2018-2024 Global
Market Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Overview of Agricultural Adjuvants Market

• North America held the largest share of the
  global agricultural adjuvants market in 2016, in
  terms of both, consumption and production. This
  can be attributed to growing popularity of
  precision farming and increasing adoption of
  eco-friendly chemicals for agricultural
  practices, especially in the U.S. High-technology
  equipment coupled with growing presence of
  multinational agricultural firms in Europe shall
  be propelling agricultural adjuvants demand in
  this region over the next few years.
• Asia Pacific is also likely to experience
  prominent product market growth in the coming
  years owing to rising awareness among farmers
  regarding side effects of using synthetic
  chemicals as pesticides and increasing government
  support in terms of subsidy for promoting usage
  of environment friendly products for farming
  practices. Asia Pacific countries including India
  are agriculture driven economies and largely
  depend on farming output for feeding growing
  population. In addition, reducing percentage of
  arable land has increased demand for cost
  effective and soil land friendly products. This
  shall accelerate agricultural adjuvants market
  size in the forecast timeframe.

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• Global Agricultural Adjuvants Market size will
  witness a prominent growth during the forecast
  timespan. Agricultural adjuvants are used to
  improve effectiveness of herbicides, fungicides
  insecticides and other crop protection agents
  that help in mitigating pest problems.
• The growing demand for precision farming is one
  of the prime factors driving product demand in
  the coming years. The agricultural chemicals
  costs have seen a substantial rise in past few
  years. Also, there is constant pressure on
  farmers to increase farm yield, which ultimately
  call for an improved and alternative solution
  such as agricultural adjuvants. The product
  market has witnessed impressive growth in recent
  times and is likely to follow the same trend over
  the forecast period due to increasing usage of
  advanced technologies for farming practices and
  ease of product application.
• It is an environment friendly solution to tackle
  pests and diseases in crops. However, price
  fluctuations in agricultural adjuvants market
  shall remain a major challenge over the forecast
  duration. The product market also faces
  substitution threat from alternatives such as
  genetically modified seeds, which are more
  efficient in terms of pest protection and yield.

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• Based on the type of agricultural adjuvants, the
  market can be classified into activator, utility
  and others. Activators has a large variety of
  surfactants and oil adjuvants. Activator
  adjuvants, led by activator surfactants,
  accounted for than half of the agricultural
  adjuvants market share in 2016. This product
  segment also comprises of ammonium fertilizers
  and oils. Surfactants primarily minimizes surface
  tension between leaf surface and spray droplets.
• It includes cationic, anionic and non-ionic
  surfactants. The oil concentrates are made of
  petroleum-based oils, which improves herbicide
  penetration and minimizes surface tension.
  Utility adjuvants consists of buffering agents,
  wetting agents, anti-foam agents, water
  conditioners and drift control agents. Utility
  adjuvants will be the fastest growing product
  segment over the next few years. Other
  agricultural adjuvants include emulsifying
  agents, foliar nutrients, wetting powders, etc.
• The agricultural adjuvants market, based on
  application, can be segmented into herbicides,
  insecticides and fungicides. Other application
  includes crop control, bio-stimulants,
  fertilizers, etc. The product application in crop
  protection through insecticides segment led the
  overall agricultural adjuvants market in 2016 and
  shall continue to witness same growth in the near
  future due to growing popularity of biodegradable
  products and chemicals in agriculture to mitigate
  problems of crop disease and pest attacks.
  Activator adjuvants are generally used to improve
  post-emergence herbicide performance.

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• The prominent market share contributors
  operational in the agricultural adjuvants
  industry are Solvay, Evonik Industries AG,
  Clariant Corporation, Akzo Nobel, Brandt
  Consolidated Inc., Huntsman Corporation and The
  Dow Corning Group. Other companies include
  Momentive Performance Materials, Wilbur-Elis
  Company and Lamberti SPA. The agricultural
  adjuvants market is highly competitive, with
  presence of vast number of giant multinational
  manufacturers.
• The product manufacturers are constantly
  investing in research development activities to
  improve their product offering and reach to each
  possible consumer type across the globe. Adjuvant
  production has become very sophisticated as
  companies are launching environment friendly
  substitutes to existing products. Companies
  including BASF and Dow AgroSciences are
  introducing innovative products with the help of
  improved technology to reduce drift.

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Methodology

• Market
  research reports Key analytical components

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