agricultural adjuvants market 1
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Agricultural Adjuvants Market
Agricultural Adjuvants Market Research
Report- Forecast till 2023
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Agricultural Adjuvants Market
Agricultural Adjuvants Market Overview
Agricultural Adjuvants Market is a broad term that embraces ingredients added to
products used for crop protection to enhance pesticide activity, modify characteristics
of the product formulation, or to modify the characteristics of a spray solution. An
agricultural adjuvant is added to a pesticide product or pesticide spray mixture to
enhance the pesticide’s performance along with the physical properties of the spray
mixture. Thus, usage of agricultural adjuvants not only boosts the pesticide’s
effectiveness but also helps minimize the problems associated with spray application.
Global Agricultural Adjuvants Industry help in enhancing the effectiveness of
pesticide products which in turn improves fertility, crop protection, and plant growth
regulation. Increasing population and growing demand for food have led to high
agricultural productivity which is driving the growth of the agricultural adjuvants
market. Moreover, rising demand for agrochemicals globally is majorly boosting the
growth of the agricultural adjuvants market.
Growing acceptance of modern farming is adding fuel to the growth of Agricultural
Adjuvants Market. To improve the efficiency of agricultural adjuvants, major players
are investing in research and development which is further boosting the growth of
the global agricultural adjuvants market. Moreover, bio-based agricultural adjuvants
have a high opportunity in this market. However, the uncertain regulatory policies
may hamper the growth of the market. Nevertheless, all these factors are projected
to contribute to the estimated CAGR of 5.4% of agricultural adjuvants market during
the forecast period, 2017-2023.
Competitive analysis
The Major Players in The Agricultural Adjuvants Market
• Evonik Industries AG (Germany)
• Akzonobel N.V. (Netherlands)
• Nufarm Ltd (Australia)
• Dow Corning Corp. (U.S.)
• Croda International PLC (U.K)
• Clariant International Ltd (Switzerland)
• Adjuvant Plus Inc. (Canada)
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Agricultural Adjuvants Market
Downstream analysis
Agricultural adjuvants market is segmented on the basis of types such as activator
adjuvants, utility adjuvants, and others. Among them, the activator adjuvants are
anticipated to be dominating the market. Increased demand for natural surfactants
is majorly contributing to the growth of the activator adjuvants market.
Based on the application, the agricultural adjuvants market is segmented into
herbicides, insecticides, fungicides, and others. Among all, the herbicides segment is
projected to be the fastest growing segment owing to the increasing demand for
herbicides in the market. However, the fungicides segment is anticipated to have a
steady growth over the coming years.
Based on crop type, agricultural adjuvants market is segmented into grains & cereals,
oil seeds & pulses, fruits & vegetables and others. Among all, cereals & grains being
the staple food in many developing countries, this segment is dominating the market.
However, the fruits and vegetables segment is expected to witness substantial
growth over the forecast period.
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Regional Analysis
The Global Agricultural Adjuvants Market is segmented into North America, Europe,
Asia Pacific and rest of the world (RoW). North America holds the highest share of
the agricultural adjuvants market. Europe is estimated to have a moderate expansion
in the market share of agricultural adjuvants over the estimated period.
Asia Pacific is witnessed to be the fastest growing region in agricultural adjuvants
market. India and China, two of the largest countries in terms of population are
majorly contributing to the growth of the agricultural adjuvants in this region. Latin
America is anticipated to gain a moderate growth rate over the estimated period.
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Agricultural Adjuvants Market
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