Asia-Pacific Agricultural Adjuvants Market was worth $1.2 billion in 2021 and estimated to be growing at a CAGR of 6.56%, to reach $ 2.14 billion by 2026. Agricultural Adjuvants are witnessing a substantial demand in the market and are projected to be one of the most vital segments of agro-inputs due to the growing commercial farming of high value crops to meet the mounting food demand.
Agricultural Adjuvants increase the return on investment as they boost the efficiency of pesticides such as Insecticides, Herbicides, Fungicides and also assist in meeting farmer’s as well as purchaser demands, from the economical and health perspective with growing per hectare production of quality agricultural crops.
Asia-Pacific Agricultural Adjuvants Market Drivers:
The growth of the Asia-Pacific Agricultural adjuvants market is majorly due to factors such as growing awareness among farmers regarding agricultural adjuvants, growing population, and increasing incidences of pests. However, new methods such as bio-farming and organic pesticides pose a threat to the growth of the market in this region.
Herbicides lead the market for Agricultural Adjuvants on the basis of application and are also growing at the highest CAGR during the forecast period.
Activator adjuvants lead the agricultural adjuvants market and are also growing at the highest CAGR during the forecast period.
Asia-Pacific Agricultural Adjuvants Market - By Crop Type:
Cereals & Oilseeds lead the market on the basis of application and this trend is anticipated to remain during the forecast period.
Heavily populated countries in this region such as China and India contribute to the increasing global share, with China leading the regional market with its ever-growing agricultural sector.
The major companies dominating the Agricultural Adjuvants market in this region are Akzonoble N.V., Adjuvant plus Inc., Clariant International Ltd., Solvay SA, Helena Chemical Company, and Tanatex Chemicals.
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