Europe Agricultural Adjuvants Market was worth $1.21 billion in 2021 and estimated to be growing at a CAGR of 5.66%, to reach $ 2.06 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 agricultural-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.
Europe Agricultural Adjuvants Market Drivers:
The growth of the Europe Agricultural adjuvants market is majorly due to factors such as growing awareness among farmers regarding agricultural adjuvants, innovative techniques, 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. Also, adoption of stringent policies on the usage of agrochemicals by the regulatory bodies in this region will inhibit the growth of the market.
The Europe market has been geographically segmented into Germany, U.K, France, Spain, and Italy. The growth of the market in this region is driven by the development of crops such as oilseeds and sugarcane, which has various applications such as feed, fuel, and other industrial uses. However, the growth rate in this region will not be substantial largely due to market maturity.
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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