The adjuvants segment is complementary to crop protection chemicals, fertilizers, micronutrients, and plant growth regulators. Agricultural adjuvants contribute around 4% to 5% to the global crop protection chemicals market. Adjuvants are used with herbicides, fungicides, and insecticides and better facilitate their function and utility. Thus, the increasing sales of crop protection chemicals have stimulated demand for adjuvants and this trend is expected to continue.
Developing technology in agricultural chemistry has enabled farmers to engage in effective productivity management. The extensive research in agricultural adjuvants has helped developed products that aid in efficient utilization of agrochemicals: in the right quantity and at appropriate target areas on plants. The increasing awareness about agrochemicals, application equipment (tractors, sprayers, dusters, and others), and increasing commercial agriculture together have stimulated the agricultural adjuvants market.
The global agricultural adjuvants market is fragmented and significantly price-sensitive. The market in Latin America is projected to emerge the fastest and grow at a CAGR of ~6.10% from 2014 to 2019. AkzoNobel N.V. (The Netherlands), Clariant International Ltd. (Switzerland), Solvay SA (Belgium), Dow Corning (U.S.), Croda Chemicals (India), Tanatex Chemicals BV (Europe), and Helena Chemical Company (U.S.) are the largest players in the agricultural adjuvants market.
This report estimates the size of the agricultural adjuvants market in terms of value ($million). In this report, the market has been segmented broadly on the basis of type, application, and region. Market drivers, restraints, opportunities, and challenges; and raw material and product price trends have been discussed in detail. The share of participants in the overall market has been discussed in detail. The market has grown significantly in the last few years and this growth is projected to continue.
Scope of the report
This research report categorizes the agricultural adjuvants market based on type, application, and region.
Based on type, the market has been segmented as follows:
- Activator Adjuvants
- Ammonium Fertilizers
- Utility Adjuvants
- Compatible Agents
- Drift Control Agents
- Anti-foam Agents
- Water Conditioners
- Others (humectants, thickening agents, UV absorbents, and colorants)
Based on application, the market has been segmented as follows:
- Others (fertilizers, micronutrients, biostimulants, disinfectants, biocides, rodenticides, germicides, nematicides, plant regulators, defoliants, and desiccants)
Based on region, the market has been segmented as follows:
- North America
- Latin America
- RoW (The Middle East and Africa)