Agricultural Adjuvants Market 2024 - By Size, Share, Growth And Global Forecast Report 2033
The Agricultural Adjuvants by The
Business Research Company provides market overview across 60+ geographies in
the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North
America, South America, the Middle East, and Africa, encompassing 27 major
global industries. The report presents a comprehensive analysis over a ten-year
historic period (2010-2021) and extends its insights into a ten-year forecast
period (2023-2033).
Learn More On The Agricultural
Adjuvants Market:
https://www.thebusinessresearchcompany.com/report/agricultural-adjuvants-global-market-report
According to The Business Research
Company’s Agricultural Adjuvants, The agricultural adjuvants market size has
grown rapidly in recent years. It will grow from $4.14 billion in 2023 to $4.62
billion in 2024 at a compound annual growth rate (CAGR) of 11.7%. The
growth in the historic period can be attributed to increased demand for
agrochemicals, a rise in crop damage, and a rise in the adoption of
agricultural adjuvants in organic farming.
The agricultural adjuvants market
size is expected to see rapid growth in the next few years. It will grow to $7
billion in 2028 at a compound annual growth rate (CAGR) of 10.9%. The growth in the forecast period can be
attributed to reducing farming lands, increasing food demand, and rising
precision farming practices. Major trends in the forecast period include technological advancements, the launch of new
innovative products, unmanned aerial vehicle (uav) spraying-based agricultural
adjuvants, and partnerships and collaborations.
Reducing farming lands is expected
to boost the agricultural adjuvants market during the forecast period.
Available agricultural land is decreasing day by day, which is, in turn,
increasing the burden of farmers to produce high yields under limited land resources.
Adjuvants are mixed with pesticides to increase their efficacy and penetration
to improve crop yield. For example, in 2022, the UK reported a decrease of 2.2%
of the total utilized agricultural area. Additionally, according to the
statistics released by the Australia Bureau Of Statistics, an Australia-based
independent statutory agency, the total agricultural land in Australia was 369
million hectares in 2021-22, a decrease of 5% from 2020-21. Furthermore,
according to the 2022 Farm and Land in Farms report released by the United
States Department of Agriculture (USDA), a US-based federal agency responsible
for forestry, ranching, and agriculture, in 2021, the farmland in the USA
decreased by 1.3 million acres. Therefore, reducing farming lands is expected
to drive the agricultural adjuvants market.
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The agricultural adjuvants
market covered in this report is segmented –
1) By Type: Activator
Adjuvants, Utility Adjuvants
2) By Formulation Type:
Suspension Concentrates, Emulsifiable Concentrators
3) By Crop Type: Cereals
And Grains, Oilseeds And Pulses, Fruits And Vegetables, Other Crop Types
4) By Application:
Herbicides, Insecticides, Fungicides, Other Applications
Top Major Players
Marubeni
Evonik Industries
Solvay Inc.
Nufarm Limited
The Dow Chemical Company
Companies in the agricultural
adjuvants market are introducing new technological products to address farmer
needs and improve product efficiency. For instance, in 2021, BASF, a
Germany-based chemical company, launched Sentris buffering technology, a liquid
buffering agent that increases and stabilizes the solution PH (potential of
hydrogen) when added to herbicides and pesticide spray solutions, while it also
reduces the risk of tank contamination by assisting with spray system cleaning
and hygiene.
The agricultural adjuvants
market report table of contents includes:
1. Executive Summary
2. Agricultural Adjuvants Market
Characteristics
3. Agricultural Adjuvants Market
Trends And Strategies
4. Agricultural Adjuvants Market -
Macro Economic Scenario
5. Global Agricultural Adjuvants
Market Size and Growth
............................
32. Global Agricultural Adjuvants
Market Competitive Benchmarking
33. Global Agricultural Adjuvants
Market Competitive Dashboard
34. Key Mergers And Acquisitions
In The Agricultural Adjuvants Market
35. Agricultural Adjuvants Market
Future Outlook and Potential Analysis
36. Appendix
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