Between 1990-2019, the global pesticide use has increased from 2,303.8 thousand tons to 4,168.8 thousand tons. This showcase the increased demand of pesticides with rising food demand and increasing pesticides adoption in order to improve the crop yield. With rise in pesticides, demand of adjuvants has also grown over the years due to increasing awareness among consumer regarding the benefits of adding adjuvants on pesticides. Further, improving farmers income is contributing to increase the consumption of crop protection products 

Agricultural is among the few sectors which remains positive during the time of COVID-19. In light of COVID-19, governments across the globe, had taken stringent regulation like nationwide lockdown to curtail the spread of disease. This has created the turmoil in the economic. However, sectors like agricultural and healthcare has grown as they fall under essential sectors. Further, in the light of COVID-19 consumers shifted towards healthy alternatives, which has increased the demand of crops. Owing to which demand for crop protection products like adjuvants increased.

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According to UnivDatos Market Insights (UMI)’ research report “Global Agricultural Adjuvants Market”, the market is expected to showcase growth of around 6% during the forecast period 2021-2027F. Increasing awareness and improving farm mechanization rate, limited growth of farm acreage, farmers look to maximize profits, and increase in the purchasing power of farmers are some of the key attributable factors for the growth of the market.

Based on activator adjuvant, the market is categorized into surfactant and oil-based. Of both, surfactant held the considerable market share and is likely to showcase significant growth rate during the forecast period. Farmers or pesticides manufacturers adds surfactant in the pesticides for a better result, since with the addition of surfactant, surface tension between the spray solution and the target surface reduce, thus increasing the contact area for better absorption of pesticides. Surfactants are one of the most commonly recommended adjuvants on herbicide labels, especially for water-soluble and systemic herbicides.

Based on chemical group, the market is categorized into alkoxylates, sulfonates, organosilicon, and others. Among these, alkoxylates held the significant share in the market. Its alcohol derivatives are widely used with pesticides formulation due to their non-reactive properties, thus do not change the basic properties of pesticides. They are commonly used for the treatment of biddy bush, Chinese apple, and tobacco weed.

In addition, regulatory pressure and a new generation of crop protection practices navigate agrochemical manufactuers from traditional adjuvants to adjuvants that offer biodegradability, low aquatic toxicity, multifunctional performance, and applicator convenience. This in turn further boost the consumption of alkoxylates.

North America accounted for the significant share in the agricultural adjuvants market

Based on region, the report provide detail analysis for overall adoption of agricultural adjuvants in major region including North America (US, Canada, Rest of North America), Europe (Germany, UK, France, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of APAC), and Rest of World. North America held the significant share in the agricultural adjuvant market owing to high consumption of pesticides in the region couple with large number of agrochemical and adjuvant manufacturer in the region due to which availability of wide variety of products in the market. This encourages the farmer to consume those products in order to increase the farm productivity. Further, according to Our World in Data, the region held the second largest agricultural land per capita as of 2018 couple with high farm mechanization rate in the region. Owing to which, region witness effective cropland utilization. For instance, as of 2018, North America had 1.27-hectare per capita land compared to 0.6 hectare per capita of world average. Further, farmers in the region are more aware about the different types of agrochemicals and skilled compared to developing nations like India. This in turn, create more demand for agrochemicals in the region.

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According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the global Agricultural Adjuvants market are Some of the major players operating in the market include Corteva Inc., Evonik Industries AG, Nufarm Ltd., Croda International plc, Solvay S.A., BASF SE, Stepan Company, Nouryon, Brandt Inc., and Wilbur-Ellis Company Inc. These companies are taking several strategic decisions to meet the growing demand and increase their market share.

Some of the instances are:

§ In October 2021, SE and Vipergen, a global research service company join force to apply their technology to discover new active ingredients for sustainable crop protection products more efficiently and quickly

§ In February 2020, BASF SE announced an increased projected peak sales potential for its innovation pipeline of agricultural solutions of more than USD 8.5 billion (EUR 7.5 billion). By 2029, the company will launch more than 30 key projects, including novel seeds and traits, chemical and biological crop protection, digital products, and new formulations broadening its offer.

“Global Agricultural Adjuvants Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on different parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.      

Market Segmentation:

1.     By Function {Activator Adjuvants [Surfactant (Non-Ionic, Ionic, and Others) and Oil-based (Vegetable Oil and Petroleum Oil)], Utility Adjuvants (Compatibility Agents, Buffers/Acidifiers, Anti-Foaming Agents, Water Conditioners, Drift Control Agents, and Others)}

2.     By Chemical Group (Alkoxylates, Sulfonates, Organosilicon, and Others)

3.     By Formulation (Built-In and Tank Mix)

4.     By Application (Herbicides, Insecticides, and Others)

5.     By Crop Type (Cereals And Grains, Oilseeds And Pulses, Fruits And Vegetables, and Others)

6.     By Region (North America (US, Canada, Rest of North America), Europe (Germany, UK, France, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of APAC), and Rest of World)

7.     By Company (Corteva Inc., Evonik Industries AG, Nufarm Ltd., Croda International plc, Solvay S.A., BASF SE, Stepan Company, Nouryon, Brandt Inc., and Wilbur-Ellis Company Inc.)

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Key questions answered in the study:

1.     What are the current and future trends of the global Agricultural Adjuvants industry?

2.     How the industry has been evolving in terms of function, chemical group, formulation, application, and crop type?

3.     How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.     What are the key growth drivers and challenges for the global Agricultural Adjuvants industry?

5.    What are the customer orientation, purchase behavior, and expectations from the global Agricultural Adjuvants suppliers across various region and countries?

Table of Content:-

1 MARKET INTRODUCTION

2 RESEARCH METHODOLOGY OR ASSUMPTION

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5.GLOBAL AGRICULTURAL ADJUVANTS MARKET COVID-19 IMPACT

6.GLOBAL AGRICULTURAL ADJUVANTS MARKET REVENUE (USD BN), 2019-2027F

7.MARKET INSIGHTS BY FUNCTION

8.MARKET INSIGHTS BY CHEMICAL GROUP

9.MARKET INSIGHTS BY FORMULATION

10.MARKET INSIGHTS BY APPLICATION

11.MARKET INSIGHTS BY CROP TYPE

12.MARKET INSIGHTS BY REGION

13.AGRICULTURAL ADJUVANTS MARKET DYNAMICS

14.AGRICULTURAL ADJUVANTS MARKET OPPORTUNITIES

15.AGRICULTURAL ADJUVANTS MARKET TRENDS

16.LEGAL & REGULATORY FRAMEWORK

17.DEMAND AND SUPPLY SIDE ANALYSIS

18.VALUE CHAIN ANALYSIS

19.COMPETITIVE SCENARIO

20.COMPANY PROFILED

21.DISCLAIMER