DUBLIN, July 13, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/lkxq22/global) has announced the addition of the "Global Agriculture Activator Adjuvant Market by Application, by Type, by Geography - Analysis & Forecast to 2019" report to their offering.
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The global agricultural activator adjuvants market was valued at $1,831.4 million in 2014 and is projected to reach $2,439.2 million by 2019, at a CAGR of 5.9% during the forecast period, 2014 to 2019.
The herbicides application segment led the global agricultural activator adjuvants market in 2014 and accounted for a market share of 49.0%. Among types, the surfactants segment dominated the global agricultural activator adjuvants market in 2014.
The global agricultural activator adjuvant market is estimated to witness a CAGR of 5.9% during the forecast period, 2014 to 2019. The global agricultural activator adjuvants market is one of the segments of the global agrochemical market, which comes under the broad category of crop protection chemicals. As per the definition of International Union of Pure and Applied Chemistry (IUPAC), the term adjuvant refers to any compound that improves the performance of crop protection agents besides the active ingredient
Adjuvants are used to increase the efficacy of the pesticides. Surfactants, oil adjuvants, and ammonium fertilizers are the different types of agricultural activator adjuvants used. The cost to produce different types of agricultural activator adjuvants depends upon the novelty of the technology and the relative complexities involved in the production.
The North American region dominated the global agricultural activator adjuvant market, followed by Europe. Precision farming which is the practice of cultivating crops under management concept based on observing, measuring, and responding to inter and intra-field variability in crops, is gaining much popularity in the North American region. In other words, precision farming can be defined as a method which enables farmers to use the right amount of inputs, in the right place and at the right time to ensure maximum profitability. The area under precision farming is rapidly rising in the U.S. and Mexico. Precision farming enables use of agricultural activator adjuvants so as to ensure judicious usage of the agrochemicals required for controlling specific target pests.
Scope of the Report
Global agricultural activator adjuvant market, by Type
- Oil Adjuvants
- Ammonium Fertilizers
Global agricultural activator adjuvant market, by Application
- Clariant International Limited
- Evonik Industries AG
- Huntsman Corporation
- Nufarm Limited.
- Solvay S.A.
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SOURCE Research and Markets