Global Agricultural Adjuvants Market, By Function (Activator, Utility), Chemical Group (Alkoxylates, Sulfonates, Organosilicones, Others), Crop Type (Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetables, Others), Application (Insecticides, Fungicides, Herbicides, Others), Formulation (Suspension Concentrates and Emulsifiable Concentrates), Adoption (In-formulation, Tank-mix) - Industry Trends and Forecast to 2030.
Agricultural Adjuvants Market Analysis and Size
People have been exposed to numerous substances with a broad spectrum in the last few years because of rapidly evolving technology. One of these chemical groups is pesticides, including fungicides, insecticides, herbicides, and other agents. Several agricultural adjuvants are used with pesticides to increase pesticide penetration and better retention. Growing pesticide utilization in agriculture to increase crop production and yield will likely boost the demand for agricultural adjuvants, eventually enhancing market growth.
Data Bridge Market Research analyses that the agricultural adjuvants market is expected to reach USD 5.94 billion by 2030, which is USD 3.70 billion in 2022, registering a CAGR of 6.10% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Agricultural Adjuvants Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 - 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Function (Activator, Utility), Chemical Group (Alkoxylates, Sulfonates, Organosilicones, Others), Crop Type (Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetables, Others), Application (Insecticides, Fungicides, Herbicides, Others), Formulation (Suspension Concentrates and Emulsifiable Concentrates), Adoption (In-formulation, Tank-mix)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Clariant AG (Switzerland), Solvay (Belgium), Corteva (U.S.), Dow (U.S.), Huntsman International LLC (U.S.), Evonik Industries AG (Germany), Ingevity (U.S.), Nufarm Canada (Canada), Croda International Plc (U.K.), BASF SE (Germany), Stepan Company (U.S.), Miller Chemical & Fertilizer, LLC (U.S.), Lamberti S.p.A., (Italy), Momentive (U.S.), Syngenta (Switzerland), Nouryon (Netherland), Loveland Products, Inc. (U.S.)
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Market Opportunities
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Market Definition
An agricultural adjuvant is any substance that enhances the efficiency of pesticides, including herbicides, fungicides, insecticides, and many other agents that eliminate or control unsolicited pests. Like medical adjuvant, agriculture adjuvant is not directly responsible for eliminating or controlling pests. These additives instead allow the pesticides to target, protect or penetrate the organism by transforming a particular property of the spray solution.
Global Agricultural Adjuvants Market Dynamics
Drivers
- Growing production of fresh fruits and vegetables
The increasing production of fresh fruits and vegetables globally because of growing consumer health consciousness will likely drive the market's growth. As per the Horticultural Statistic at A Glance 2018, the production of fruits augmented from 74.9 to 97.4 million tons from 2010-11 to 2017-18. Also, vegetable production increased from 133.7 to 184.4 million tons from 2010-11 to 2017-18. Hence the growing production of fresh fruits and vegetables boosts the market growth.
- Increasing demand for agrochemicals
Growing demand for agrochemicals is likely to propel the growth of the agricultural adjuvants market. Agrochemicals are those chemical products composed of pesticides, fertilizers, and plant-growth hormones used in agriculture. An agricultural adjuvant is an auxiliary that surges the effectiveness of an agrochemical. For instance, in 2021, according to the International Fertilizer Association, a France-based non-profit organization, Nitrogen demand augmented by 4.3 Mt to 110.0 Mt from 2020 to 2021, accounting for more than half of the global fertilizer use. Thus, the rising demand for agrochemicals is boosting market growth.
Opportunities
- Growing demand for green adjuvant
The growing demand for green adjuvant is expected to create lucrative opportunities for market growth in upcoming years. A growing focus on wellness and health among consumers is one of the major factors for the growth of the demand for green adjuvants. Consumers are progressively inclined toward organically produced foods. Hence, companies are focusing on developing eco-friendly and bio-based adjuvants such as modified vegetable oils, organo-modified siloxanes, and methylated seed oil.
- Increasing partnerships between market players
The increasing partnership between market players in the global agricultural adjuvants market will likely generate ample opportunities within the market. For instance, in 2021, Attune Agriculture announced its partnership with Nufarm Grupo to develop an Ampersand adjuvant in Mexico. Ampersand adjuvant works more contrarily than normal surfactants. At the same time, most spreaders or stickers rely on droplet spread for leaf coverage. This partnership will help the company strengthen its global market position.
Restraints/ Challenges
- Stringent regulations associated with agricultural adjuvants
Regulations by various authorities on agricultural adjuvants in different nations are the major factor that is restraining the growth of the market. For instance, in Brazil, the rules for adjuvants were the same as those for agrichemicals, such as Law 7,802, regulated by Decree 4,074 until 2017. In 2017, the Ministry of Agriculture, Livestock, and Supply (MAPA) addressed agricultural adjuvants in Brazil.
- Increasing concern regarding the usage of petroleum oil-based adjuvants
Human health and environmental concerns by using petroleum oil-based adjuvants are projected to challenge the growth of the agricultural adjuvants market within the forecast period. Petroleum oil-based adjuvants are released into the environment in the form of micro drops and oil mist, posing a major threat to human health and the environment. As a result, this hampers the market growth.
This agricultural adjuvants market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the agricultural adjuvants market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- In 2022: Lamberti SPA acquired Turftech International, a leading company involved in selling and developing special surfactants for applications in turf and horticulture. The company is expanding its market share and product portfolio in the region through this acquisition.
- In 2022, Helena Enterprises LLC (U.S.) launched a new pest management technology. The Protecta technique, which relies on expert analysis, meticulous design, and confirmed results, promises to develop pesticides differently. Protecta's pesticides have reliable and well-balanced formulations. They enhance disease and pest control and improve handling, solubility, and administration.
Global Agricultural Adjuvants Market Scope
The agricultural adjuvants market is segmented based on function, chemical group, crop type, application, formulation and adoption. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Function
- Activator
- Surfactants
- Oil-based
- Utility
- Compatibility Agents
- Drift Control Agents
- Buffering Agents
- Water Condition Agents
- Others
Chemical Group
- Alkoxylates
- Sulfonates,
- rganosilicones
- Others
Crop Type
- Cereals and Grains
- Corn
- Wheat
- Rice
- Others
- Oilseeds and Pulse
- Soybean
- Others
- Fruits and Vegetables
- Others
Application
- Insecticides
- Fungicides
- Herbicides
- Others
Formulation
- Suspension Concentrates
- Emulsifiable Concentrates
Adoption
- In-formulation
- Tank-mix
Agricultural adjuvants Market Regional Analysis/Insights
The agricultural adjuvants market is analyzed and market size insights and trends are provided by country, function, chemical group, crop type, application, formulation and adoption as referenced above.
The countries covered in the agricultural adjuvants market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Global (APAC) in the Global (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the agricultural adjuvants market owing to the continuous reduction in the arable land within the region. Furthermore, increasing demand for standard-quality food will further boost the growth of the agricultural adjuvants market.
Asia-Pacific is anticipated to be the fastest-growing region in the agricultural adjuvants market during the forecast period of 2023-2030 due to the growing demand for improved varieties of crops in this region. Moreover, the presence of countries with vast arable lands and increasing populations are some other factors that will further increase the market growth,
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Agricultural Adjuvants Market Share Analysis
The agricultural adjuvants market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to agricultural adjuvants market.
Some of the major players operating in the agricultural adjuvants market are:
- Clariant AG (Switzerland)
- Solvay (Belgium)
- Corteva (U.S.)
- Dow (U.S.)
- Huntsman International LLC (U.S.)
- Evonik Industries AG (Germany)
- Ingevity (U.S.)
- Nufarm Canada (Canada)
- Croda International Plc (U.K.)
- BASF SE (Germany)
- Stepan Company (U.S.)
- Miller Chemical & Fertilizer, LLC (U.S.)
- Lamberti S.p.A., (Italy)
- Momentive (U.S.)
- Syngenta (Switzerland)
- Nouryon (Netherland)
- Loveland Products, Inc. (U.S.)
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