Report Highlights
Market Overview:
The global Agricultural Adjuvants market was valued at USD 2.65 billion in 2016 and is projected to reach USD 4.33 billionby 2025, growing at a CAGR of 18.0% from 2017 to 2025.
Adjuvants are products that are sprayed on plants to increase the effectiveness of insecticides, pesticides and fungicides. The growing food production and increased agricultural activity in developing countries is expected to have a positive impact on market demand.
Market Dynamics:
1. Market Drivers
1.1 Development in farming practices and technologies
1.2 Adoption of protected agriculture and precision farming
2. Market Restraints
2.1 Rising environmental concerns
2.2 Growing demand of GM seeds
Market Segmentation:
The global Agricultural Adjuvantsmarket is segmented on the type, application,crop type, and region.
1. By Type:
1.1 Activator
1.1.1 Oil Adjuvants
1.1.2 Surfactants
1.2 Utility
1.2.1 Antifoam Agents
1.2.2 Buffers/acidifiers
1.2.3 Drift Control Agents
1.2.4 Water Conditioners
1.2.5 Others
2. By Application:
2.1 Fungicides
2.2 Herbicides
2.3 Insecticides
2.4 Others
3. By Crop Type:
3.1 Oilseeds and Cereals
3.2 Vegetables and Fruits
3.3 Others
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Akzo Nobel NV
2. Brandt
3. Croda International PLC
4. Wilbur Ellis Holdings Inc.
5. DOW Chemical Company
6. Helena Chemicals Company
7. Evonik
8. Nufarm Limited
9. Solvay
10. Huntsman
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Agricultural Adjuvants Marketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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