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Market Size:
The global agricultural
adjuvants market size was valued at USD 2.92 billion in 2018 and is
projected to reach USD 6.59 billion by the end of 2032, exhibiting a CAGR of
5.61% during the forecast period based on our analysis in the existing report.
This information is presented by Fortune Business Insights,
in its report titled, “Agricultural Adjuvants Market Size Report, 2019-2032.”
The primary driver propelling the global market is the rise in demand
for crop protection chemicals. In the past ten years, there has been a greater
emphasis placed on raising awareness of the potential environmental effects of
improper pesticide use. This factor is improving the market's revenue by fuelling
demand for agricultural adjuvants.
Segmentation:
Insecticides to Emerge as Most Attractive Product Type due to Growing
Demand in the Asia Pacific
Several adjuvant products available in the marketplace are mainly
intended to offer a resolution of spray-mix incompatibilities resulting from
the combination of one or more agrochemicals. Activator adjuvants especially
surfactants are the major category of adjuvants that account for the largest
market share.
Adjuvants application is projected to continue to dominate with
herbicides application
Among applications, the herbicides segment accounts for the largest
share as they are a major group of crop protection chemicals used in
agriculture. Post-emergence herbicide effectiveness is significantly influenced
by plant factors such as age, size, and growing conditions.
Source: https://www.fortunebusinessinsights.com/industry-reports/agricultural-adjuvants-market-100769
Report Coverage:
The market report highlights leading regions across the world to offer a
better understanding of the user. Furthermore, the report provides insights
into the latest industry trends and analyzes technologies deployed at a rapid
pace at the global level. The report examines various paradigm shifts
associated with the transformation of software. It further highlights some of
the growth-stimulating factors and restraints, helping the reader gain in-depth
knowledge about the agricultural adjuvants market.
Drivers and Restraints:
Increasing Research and Development to Advance Agricultural Adjuvant
Application Technology
Unmanned Surface Vehicles (UAV), also known as drones, have gained in
popularity in recent years due to their high level of precision, cost,
convenience, and safety. To address the increasing demand for these things
among farmers worldwide, key market participants are introducing new products.
Clariant, a leading manufacturer of agricultural specialty chemicals, announced
the launch of DropForward in April 2022, a targeted strategy for delivering
accurate application with adjuvants and co-formulants.
Regional Insights:
North America to Lead During the Forecast Period
Currently, North America and Europe are the two biggest markets for
agricultural adjuvants, and they are anticipated to continue to have a sizable
share of the global market during the forecast period. In North America and
Europe, the market is being driven by strict regulations on the use of crop
protection chemicals to save the environment from harmful impacts.
Due to the expanding market for crop protection chemicals, South America
and the Asia-Pacific region are expected to have rapid market expansion.
Another factor boosting the global market in these two regions is the rising
knowledge among crop growers of the advantages of adjuvants with the spray
chemicals.
Competitive Landscape:
Innovative Product Launch Announcement by Key Players to Bolster Market
Growth
The prominent players adopt several strategies to bolster their position
in the market as leading companies. One such key strategy is acquiring
companies to bolster the brand value among users. Another essential strategy is
periodically launching innovative products with a detailed study of the market
and its target audience.
Key Industry Development:
May 2021, Agoro Carbon Alliance is a new global company that Yara International
said would help farmers embrace sustainable agricultural methods and make
money. Farmers who participate in this initiative contribute to yield growth by
implementing sustainable carbon farming techniques.
List of Key Players Mentioned in the Report:
Market Size:
The global agricultural
adjuvants market size was valued at USD 2.92 billion in 2018 and is
projected to reach USD 6.59 billion by the end of 2032, exhibiting a CAGR of
5.61% during the forecast period based on our analysis in the existing report.
This information is presented by Fortune Business Insights,
in its report titled, “Agricultural Adjuvants Market Size Report, 2019-2032.”
The primary driver propelling the global market is the rise in demand
for crop protection chemicals. In the past ten years, there has been a greater
emphasis placed on raising awareness of the potential environmental effects of
improper pesticide use. This factor is improving the market's revenue by fuelling
demand for agricultural adjuvants.
Segmentation:
Insecticides to Emerge as Most Attractive Product Type due to Growing
Demand in the Asia Pacific
Several adjuvant products available in the marketplace are mainly
intended to offer a resolution of spray-mix incompatibilities resulting from
the combination of one or more agrochemicals. Activator adjuvants especially
surfactants are the major category of adjuvants that account for the largest
market share.
Adjuvants application is projected to continue to dominate with
herbicides application
Among applications, the herbicides segment accounts for the largest
share as they are a major group of crop protection chemicals used in
agriculture. Post-emergence herbicide effectiveness is significantly influenced
by plant factors such as age, size, and growing conditions.
Source: https://www.fortunebusinessinsights.com/industry-reports/agricultural-adjuvants-market-100769
Report Coverage:
The market report highlights leading regions across the world to offer a
better understanding of the user. Furthermore, the report provides insights
into the latest industry trends and analyzes technologies deployed at a rapid
pace at the global level. The report examines various paradigm shifts
associated with the transformation of software. It further highlights some of
the growth-stimulating factors and restraints, helping the reader gain in-depth
knowledge about the agricultural adjuvants market.
Drivers and Restraints:
Increasing Research and Development to Advance Agricultural Adjuvant
Application Technology
Unmanned Surface Vehicles (UAV), also known as drones, have gained in
popularity in recent years due to their high level of precision, cost,
convenience, and safety. To address the increasing demand for these things
among farmers worldwide, key market participants are introducing new products.
Clariant, a leading manufacturer of agricultural specialty chemicals, announced
the launch of DropForward in April 2022, a targeted strategy for delivering
accurate application with adjuvants and co-formulants.
Regional Insights:
North America to Lead During the Forecast Period
Currently, North America and Europe are the two biggest markets for
agricultural adjuvants, and they are anticipated to continue to have a sizable
share of the global market during the forecast period. In North America and
Europe, the market is being driven by strict regulations on the use of crop
protection chemicals to save the environment from harmful impacts.
Due to the expanding market for crop protection chemicals, South America
and the Asia-Pacific region are expected to have rapid market expansion.
Another factor boosting the global market in these two regions is the rising
knowledge among crop growers of the advantages of adjuvants with the spray
chemicals.
Competitive Landscape:
Innovative Product Launch Announcement by Key Players to Bolster Market
Growth
The prominent players adopt several strategies to bolster their position
in the market as leading companies. One such key strategy is acquiring
companies to bolster the brand value among users. Another essential strategy is
periodically launching innovative products with a detailed study of the market
and its target audience.
Key Industry Development:
May 2021, Agoro Carbon Alliance is a new global company that Yara International
said would help farmers embrace sustainable agricultural methods and make
money. Farmers who participate in this initiative contribute to yield growth by
implementing sustainable carbon farming techniques.
List of Key Players Mentioned in the Report:
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