Market Overview —
The demands for food with a rise in global population has pressurised the agricultural researchers towards developing methods for increasing the overall productions. The agricultural adjuvants are one step in this direction. These adjuvants are added to the products for enhancing their performance in crop protection. On observing the current market trends, the global agricultural adjuvants market is projected to reach 06 % annual growth marker. Agricultural adjuvants can remove the unwanted organisms damaging the crops when added to major agents used in agriculture.
The farmers in regions with limited fertile lands are employing these agents to increase productivity and meet the rising demands. Agricultural adjuvants are also capable of increasing the period of active ingredients for long time effects and reducing the repeated insect attacks. Some of the factors driving the market are growing awareness about the benefits among farmers, pest attacks and crop diseases. Chemical-based agricultural adjuvants have some potential damages.
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Therefore, increasing awareness about renewable and natural sources has boosted the demands for bio-based adjuvants. Changing trends and organisms behaviours are forcing the companies to look for new products with minimum side effects and maximum outputs. Factors like regional regulations, lack of awareness, fluctuating costs and damages to the environment are slowing down the growth of the global agricultural adjuvants market. Authorities have implemented rigid rules and regulations on observing the potential harms to human and other life forms.
Some of the key players profiled in the global Agricultural Adjuvants Market are Evonik Industries AG (Germany), Akzonobel N.V. (Netherlands), Nufarm Ltd (Australia), Dow Corning Corp. (U.S.), Croda International PLC (U.K), Clariant International Ltd (Switzerland), Adjuvant Plus Inc. (Canada), Helena Chemical (U.S.), Solvay (Belgium), Huntsman Corp. (U.S.)
Recent Industry News
Global Agricultural Adjuvants Market is facing a rise with the increase in population and food procurements. Still, limited awareness and potential chemical damages to life forms and environment have forced the authorities to revise the rulebook and hence are slowing down the growth rate. The American region is the current market leader and will stay the same, but the Asia Pacific region will emerge as the fastest-growing market during the survey period.
Types: Utility, activator and other types of products are available in the market.
Applications: Agricultural adjuvants are used as insecticides, herbicides, fungicides and others.
Crop types: The agricultural adjuvants are used in the production of fruits & vegetables, cereals & grains, oilseeds & pulses and other products.
America, Europe, Asia Pacific and the Middle East & Africa are the major regions observed for the global agricultural adjuvants market.
The American region is the current market leader in consumption as well as the production sectors and will maintain its lead during the projected period. This region has well aware farmers, advanced farming techniques and well establishes production house, which are the major factors responsible for the limitless growth in this region. The European region is the second-largest market in this region due to massive food demands, increasing investments towards research & development of new farming methods and quality products.
The Asia Pacific region is the next in line but will emerge as the fastest-growing market during the forecast period. Vast population, enormous food demands, growing awareness and other factors are responsible for driving this market.
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