The Global Agricultural Adjuvants Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report, the Global Agricultural Adjuvants Market is estimated to be $2.77 billion and predicted to rise to $3.69 billion with a CAGR of 5.87%. The market is segmented by Application (Insecticides, Herbicides, Fungicides, and Others), by Type (Activator Adjuvants-Surfactants, Oil Adjuvants; Utility Adjuvants-Drift Control Agents, Antifoam Agents, Compatibility Agents, Acidifiers, Water Conditioners, and Others), and by Crop Type (Fruits & Vegetables, Cereals & Oilseeds, and Others). Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa.
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 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.
Herbicides lead the global market for Agricultural Adjuvants on the basis of application and are also growing at the highest CAGR during the forecast period. On the basis of type, Activator adjuvants lead the agricultural adjuvants market and are also growing at the highest CAGR during the forecast period. Cereals & Oilseeds lead the global market on the basis of application and this trend is anticipated to remain during the forecast period.
North America has been leading the global Agricultural Adjuvants on account of 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 is anticipated to offer huge growth prospect for the market in the Asia-Pacific and Latin America regions.
The major companies dominating the global Agricultural Adjuvants market are Akzonoble N.V., Adjuvant plus Inc., Clariant International Ltd., Solvay SA, Helena Chemical Company, and Tanatex Chemicals.
Browse through the full report at “http://www.marketdataforecast.com/market-reports/global-agricultural-adjuvants-market-1127/” and checkout our recent reports in the Agrochemicals category at “http://www.marketdataforecast.com/research-reports/agriculture/agrochemicals-8/”. For more insights and up-to-date industry news don’t forget subscribing to our newsletters.