Agricultural Adjuvants Market

Global Agricultural Adjuvants Market Size (2023 to 2028)

The global agricultural adjuvants market is predicted to grow from USD 4.82 billion in 2023 to USD 6.43 billion by 2028, growing at a CAGR of 5.93% from 2023 to 2028.

Global Agricultural Adjuvants Market Share Insights:

• Based on type, the activator adjuvant segment had the leading share of the global market in 2022.
• Based on crop type, the fruits and vegetables segment dominated the market in 2022.
• Based on application, the insecticides segment was the biggest segment in the global market in 2022.
• Based on region, North America accounted for the largest share of the global agricultural adjuvants market in 2022.

Agricultural adjuvants are utilized to boost the efficiency of pesticides such as Insecticides, Herbicides, Fungicides, and other agents that are used to control or remove undesirable pests. Agricultural adjuvants consist of ammonium fertilizers, surfactants, and oils. They play a vital role in increasing the efficiency of agrochemicals, thereby enhancing the productivity of the crop. With the scarcity of land and water, increased importance is being put on the approval of innovative technologies that can help improve crop harvest. As such, Agricultural Adjuvants are witnessing a sizable demand since farmers are resolute to attain nutritious and high-quality crop production.

The growth of the global agricultural adjuvants market is majorly driven by factors such as growing awareness among farmers regarding agricultural adjuvants, innovative production practices, innovative farming equipment, and increasing occurrences of pests and diseases. Another key factor driving the market is the globally rising population, which leads to the need for an increase in crop harvest.

However, safer substitutes such as bio-farming and organic pesticides, unstable economies, and numerous health hazards linked with these adjuvants are the key factors hindering the growth of the market.

REPORT COVERAGE:

This research report on the global agricultural adjuvants market has been segmented and sub-segmented into the following categories.

Agricultural Adjuvants Market - By Type:

• Activator Adjuvants
  • Surfactants
  • Oil Adjuvants
• Utility Adjuvants
  • Drift Control Agents
  • Antifoam Agents
  • Compatibility Agents
  • Acidifiers
  • Water Conditioners
  • Others

Agricultural Adjuvants Market - By Crop Type:

• Fruits & Vegetables
• Cereals & Oilseeds
• Others

Agricultural Adjuvants Market - By Application:

• Insecticides
• Herbicides
• Fungicides
• Others

Global Agricultural Adjuvants Market – By Region:

• North America
• Europe
• Asia-Pacific
• Latin America
• The Middle East and Africa

North America has been leading the global Agricultural Adjuvants on account of the high usage rate and acceptance of precision farming. The European market is projected to grow at a slow rate, largely due to market maturity and regulatory restrictions. Growing demand for Adjuvants in countries such as China and Brazil are anticipated to offer huge growth prospects for the market in the Asia-Pacific and Latin America regions.

KEY MARKET PLAYERS:

The major companies dominating the global agricultural adjuvants market are AkzoNobel N.V., Adjuvant Plus Inc., Clariant International Ltd., Solvay SA, Helena Chemical Company, and Tanatex Chemicals.