Agricultural Adjuvants Market Latest Industry Size, Growth Factors and Major Segments, Forecast Research Report by 2026
Fortune Business Insights foretells the global agricultural adjuvants market to witness exponential growth on account of the creative innovations in the sector, in their report titled, “Agricultural Adjuvants Market Size, Share and Industry Analysis By Type (Activator Adjuvants, Utility Adjuvants, Others), By Application (Herbicides, Insecticides, Fungicides, Others), By Crop (Cereals, Oilseeds, Fruits & Vegetables, Other Crops), and Regional Forecast 2019-2026.” For instance, an insecticide-promoting adhesive called TriTek adjuvant was launched by Brandt on August 2018. This adhesive can be utilized as an alternative against whitefly vector in crops such as soybeans and kidney beans, and the greening vector in citrus crops.
Get a Sample Copy of the Research Report:
The report on the global agricultural adjuvant market is based on information extracted from primary and secondary research methods. It provides a detailed analysis of various factors promoting and restricting the growth of the market. Some of the important players in the market are listed in the report with recent innovations that will help these players invest wisely.
According to the report, the global agricultural adjuvant market is anticipated to rise from USD 2.92 Billion to USD 4.55 Billion within the forecast period of 2018 to 2026, exhibiting a CAGR of 5.77%.
Some of the companies holding significance in the global agricultural adjuvants market are listed below:
- Drexel Chemical
- Helena Agri-Enterprises
- Akzo Nobel N.V.
- BASF SE
- Stepan Company
- Huntsman Corporation
- Clariant AG
Get a Customized Report
Accelerating Demand for Crop Production to Drive Market
Adjuvants are chemicals that are capable of missing with pesticides such as tank-mix (pesticide spray mixture) or pesticide product (in-formulation) and improve its efficiency. In this way, the physical property of the spray mixture will be enhanced and crops will be protected better. The major factor boosting the global market for agricultural adjuvants market is the accelerating demand for protecting crops with chemicals. In addition, the rise in awareness about implications of aberrant use of pesticides on environment may also boost the market during the forecast period, since environmental protection has become a major priority in the last decade. Thus, it is a major factor propelling the demand for agricultural adjuvants in the market.
The rise in population and the need to feed this increasing population is a major factor propelling the demand for more food worldwide. Therefore, increasing agricultural activities will boost the global market for agricultural adjuvants.
However, strict rules related to the manufacturing of adjuvants set by governments may hamper the overall agricultural adjuvants market share. Nevertheless, the rise in investments in research and development of innovative adjuvants is expected to create lucrative growth opportunities for the market in the long run.
South America and Asia Pacific market to Witness Progressive Growth due to Growth of Crop Protection Chemicals Market
The report states North America and Europe as the two dominant regions of the global agricultural adjuvants market and is further anticipated to continue doing so in the forecast period as well. This is owing to the strict regulations on the use of proper and legal pesticides for crop protection in order to ensure no harm to the environment.
On the other hand, the market in Asia Pacific and South America is expected to grow remarkably because of the rise in crop protection chemicals market in the respective regions. Furthermore, the surge in awareness about benefits of adjuvants with spray chemicals among farmers will also bode well for the market in the near future.
Inquire Before Buying:
More Related News:
Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.
Fortune Business Insights Pvt. Ltd.
9th Floor, Icon Tower, Baner –
Mahalunge Road, Baner, Pune-411045,
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: [email protected]