Worldwide Agricultural Adjuvants Industry to 2026 - Featuring Croda International, Nufarm & Solvay Among Others
DUBLIN, Oct. 8, 2020 /PRNewswire/ -- The "Agricultural Adjuvants Market by Function (Activator and Utility), Application (Herbicides, Insecticides, and Fungicides), Formulation (Suspension Concentrates and Emulsifiable Concentrates), Adoption Stage, Crop Type, and Region - Global Forecast 2026" report has been added to ResearchAndMarkets.com's offering.
The global agricultural adjuvants market size is estimated to be valued at USD3.1billion in 2020 and is projected to reach USD 4.4billion by 2026, recording a CAGR of 6.1%.
Factors such as growing demand for crop protection products had also resulted in the development and commercialization of sustainable crop protection solutions, to abide by environmental regulations are projected to drive the growth of this market.
The governments shut down borders and economies for restricting the spread of the coronavirus. This resulted in businesses observing major impacts on their international trades. Many markets are focusing on fulfilling their requirements for fertilizers, pesticides, and adjuvants by domestic companies. This is, however, causing an imbalance between the demand and supply quantities. However, some regions are completely dependent on imports and are facing tough situations. Adjuvants are majorly dependent on raw materials such as vegetable oils and petroleum for their production. Gradually the rise in the prices of these commodities has resulted in higher adjuvant prices. All these factors hampered the potential growth of the market at the beginning of 2020.
The activator adjuvants segment is projected to be the largest in the agricultural adjuvants market during the forecast period.
Activator adjuvants are the most widely consumed agricultural adjuvants, owing to the high use of surfactants in various pesticide formulations. Most herbicides are mixed with surfactants to improve their spraying characteristics. The modes of activator adjuvant include reduction of spray solution surface tension to enhance contact area, increased spray retention, and protection of the herbicide in the spray solution. Also, there are a number of crop protection solutions that are formulated with surfactant compounds as a part of the formulation. Surfactants are one of the important adjuvants and are manufactured by most global manufacturers.
The cereals & grains segment to witness the fastest growth during the forecast period.
By crop type, the agricultural adjuvants market is segmented into cereals & grains, oilseeds & pulses, fruits & vegetables, and other segments. The increasing popularity of industrial crops such as corn, soybean, canola, and wheat, and the rising demand for high-value cash crops such as coffee, fruits, and vegetables have also been fueling the demand for adjuvants. Manufacturers have also been focused on the development of adjuvants for specific pesticide groups. These adjuvants, such as surfactants, spreader stickers, anti-foaming materials, buffering agents, and compatibility agents, are added to crop protection products or agrochemicals for enhancing the efficacy of the active ingredients and thus, helps in improving the overall performance of the product.
The in-formulation segment expected to have a larger market share during the forecast period.
By the adoption stage, the agricultural adjuvants market is segmented into in-formulation and tank-mix. Adjuvants which are incorporated in the formulation are called as built-in or in-formulation adjuvants. With the increasing demand from customers for agrochemicals that can be directly applied to the crops and do not require any separate addition of chemicals; manufacturers have introduced in-formulation adjuvants that are incorporated into pre-packaged pesticides products.
North America market is estimated to account for the largest market share due to the rapid adoption of advanced technologies for better yielding of crops in the region.
North America is the largest market for agricultural adjuvants across the globe. The high consumption of surfactants recorded in countries across the globe and the advent of sustainable oil adjuvants are the major reasons for the dominance of activator adjuvants across the region. The agricultural adjuvants market is dominated by North America owing to the adoption of modern agricultural technologies and integrated pest management practices.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Agricultural Adjuvants Market
4.2 Agricultural Adjuvants Market, by Function
4.3 Agricultural Adjuvants Market, by Application & Region
4.4 North America: Agricultural Adjuvants Market, by Crop Type & Country
4.5 Agricultural Adjuvants Market, by Key Countries
5 Market Overview
5.1 Introduction
5.2 Macroeconomic Indicators
5.2.1 Rise in Global Pesticide Consumption
5.2.2 Decrease in Oil Prices
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Increased Demand for Green Adjuvants With Growing Focus on Health and Consumption of Organically Produced Food Due to Covid-19 Outbreak
5.3.1.2 Limiting Pesticide Wastage by Improving Usage Efficiency to Increase Food Production and Meet Rising Food Consumption Amid the Pandemic
5.3.2 Restraints
5.3.2.1 Stringent Regulations to Manufacture Adjuvants
5.3.3 Opportunities
5.3.3.1 Manufacturing Adjuvant Products for Cost-Effectiveness
5.3.3.2 Adjuvants for Biological Products
5.3.3.3 Increase in Research & Development on Innovative Adjuvant Products
5.3.3.4 Drift Potential of UAVs With Adjuvants in Aerial Applications
5.3.4 Challenges
5.3.4.1 Impact on the Production Cost of Farmers
5.3.4.2 Growth in Human Health and Environmental Concerns of Petroleum Oil-Based Adjuvants
5.3.4.3 High Risks of Food Insecurity and Reduced Food Production in Many Countries Due to Covid-19 Impact in 2020
5.4 Patent Analysis
5.5 Regulatory Framework
5.5.1 North America
5.5.1.1 US
5.5.2 Canada
5.5.2.1 Europe
5.5.2.2 UK
5.5.2.3 Germany
5.5.3 Asia-Pacific
5.5.3.1 Australia
5.5.3.2 South Africa
6 Agricultural Adjuvants Market, by Function
6.1 Introduction
6.2 Activator Adjuvants
6.2.1 Surfactants
6.2.1.1 Nonionic Surfactants Are the Most Commonly Used Surfactants and Are Becoming Increasingly Compatible With Various Agrochemicals
6.2.2 Oil-Based Adjuvants
6.2.2.1 Oil-Based Adjuvants Help in Increasing the Penetration of Oil-Soluble Herbicides in Plants and Are Thus Used for Synthetic Herbicides
6.3 Utility Adjuvants
6.3.1 Compatibility Agents
6.3.1.1 Compatibility Agents Are Mostly Used for Making the Mixture Homogeneous and Sprayable in Herbicides
6.3.2 Buffers/Acidifiers
6.3.2.1 Buffers Help in Improving the Herbicide Dispersion in Tank-Mix Formulations
6.3.3 Antifoam Agents
6.3.3.1 Antifoam Agents Are Used to Eliminate Oil Spills in Foaming Tanks, Reduce Pesticide Wastage, and Limit Occupational Hazards
6.3.4 Water Conditioners
6.3.4.1 Water Conditioners Are Used for Minimizing Sediment and Other Impurities to Enhance the Quality of Pesticides
6.3.5 Anti-Drift Agents
6.3.5.1 Increase in the Usage of Anti-Drift Agents to Control Occupational Hazards
6.3.6 Other Utility Adjuvants
7 Agricultural Adjuvants Market, by Application
7.1 Introduction
7.2 Insecticides
7.2.1 Increase in Demand for Organic Products in Asia-Pacific is Driving the Demand for Adjuvants in Bioinsecticide-Based Applications
7.3 Herbicides
7.3.1 High Consumption of Herbicides is a Key Factor Encouraging the Adoption of Adjuvants Such as Safeners, Cocs, and Drift Control Agents
7.4 Fungicides
7.4.1 Key Players Such as Croda International plc (Uk) Are Opting for Adjuvant Applications Specific for Fungicide Use
7.5 Other Applications
7.5.1 Increase in the Consumption of Specialty Fertilizers is Projected to Drive the Growth of the Agricultural Adjuvants Market
7.5.2 Covid-19 Impact on Applications
8 Agricultural Adjuvants Market, by Crop Type
8.1 Introduction
8.1.1 Cereals & Grains
8.1.1.1 The Cereals & Grains Segment Continues to Dominate the Agricultural Adjuvants Market in the Asian and North American Countries
8.1.2 Corn
8.1.3 Wheat
8.1.4 Rice
8.1.5 Others
8.1.6 Oilseeds & Pulses
8.1.6.1 There is Increased Use of High-Value Oilseeds as Cash Crops Due to the Increase in Herbicide Applications on Crops
8.1.7 Soybean
8.1.8 Others
8.1.9 Fruits & Vegetables
8.1.9.1 Nonionic Surfactants Are Largely Used in Fungicidal Solutions for Improving the Quality of Fruits and Vegetables
8.2 Others
8.2.1 a Gradual Increase in the Use of Ethanol for Biofuel and Molasses for Feed is Projected to Drive the Demand for Agricultural Adjuvants in the European Market
9 Agricultural Adjuvants Market, by Formulation
9.1 Introduction
9.2 Suspension Concentrate
9.2.1 Benefits of Suspension Concentrate Such as Absence of Dust and Small Particle Size of the Active Ingredients Reduces Environment Risks
9.3 Emulsifiable Concentrate
9.3.1 the Emulsifiable Concentrate Segment is Projected to Have the Fastest Growth in the Asia-Pacific Region
10 Agricultural Adjuvants Market, by Adoption Stage
10.1 Introduction
10.2 In-Formulation
10.2.1 In-Formulation Adjuvants Witness High Preference Among Growers Due to Enhanced Performance
10.3 Tank-Mix
10.3.1 Tank-Mix Adjuvants, Mostly Utility Adjuvants Increase the Overall Performance of the Plant Protection Products
11 Agricultural Adjuvants Market, by Region
11.1 Introduction
11.2 North America
11.3 Covid-19 Impact on North American Adjuvants Market
11.5 Covid-19 Impact on European Adjuvants Market
11.6 Asia-Pacific
11.7 Covid-19 Impact on Asia-Pacific Market
11.8 South America
11.9 Rest of the World (Row)
12 Competitive Landscape
12.1 Overview
12.2 Competitive Leadership Mapping
12.2.1 Dynamic Differentiators
12.2.2 Innovators
12.2.3 Visionary Leaders
12.2.4 Emerging Companies
12.3 Competitive Scenario
12.3.1 New Product Launches
12.3.2 Expansions & Investments
12.3.3 Mergers & Acquisitions
12.3.4 Collaborations, Agreements, Joint Ventures, and Partnerships
13 Company Profiles
13.1 Corteva Agriscience
13.2 Evonik Industries
13.3 Croda International
13.4 Nufarm
13.5 Solvay
13.6 Basf
13.7 Huntsman Corporation
13.8 Clariant
13.9 Helena Agri-Enterprises LLC
13.10 Stepan Company
13.11 Wilbur-Ellis Company
13.12 Brandt
13.13 Plant Health Technologies
13.14 Innvictis Crop Care
13.15 Miller Chemical and Fertilizer, LLC
13.16 Precision Laboratories, LLC
13.17 CHS Inc.
13.18 Winfield United
13.19 Kalo Inc.
13.20 Nouryon
13.21 Interagro Ltd.
13.22 Lamberti S.P.A
13.23 Garrco Products, Inc.
13.24 Drexel Chemical Company
13.25 Loveland Products Inc.
14 Adjacent & Related Markets
15 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/bj1ivq
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