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Agricultural Adjuvant Market Report by Type (Activator Adjuvant, Utility Adjuvant), Crop Type (Cereals & Oilseeds, Fruits & Vegetables, and Others), Application (Herbicides, Fungicides, Insecticides, and Others), and Region 2024-2032

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    Report

  • 145 Pages
  • January 2024
  • Region: Global
  • IMARC Group
  • ID: 5936212
The global agricultural adjuvant market size reached US$ 3.8 billion in 2023. The market is projected to reach US$ 6.2 billion by 2032, exhibiting a growth rate (CAGR) of 5.6% during 2023-2032. The increasing demand for high-quality agricultural produce, the rising global population level, the growing adoption of precision agriculture, and the expanding area under cultivation are some of the factors propelling the market.

Agricultural adjuvant plays a crucial role in modern farming practices by enhancing the effectiveness and efficiency of agricultural inputs. It is designed to be mixed with pesticides, herbicides, fungicides, or fertilizers to improve their performance and optimize their application. It modifies the properties of spray solutions, allowing for better coverage and penetration of the target plants. It can reduce the surface tension of the spray droplets, leading to improved wetting and spreading on the plant surface. Adjuvants can also enhance the adhesion of the spray to the leaf surface, preventing runoff and increasing the uptake of active ingredients. It also helps to overcome environmental factors such as temperature and humidity variations that may affect the efficacy of agricultural inputs. It can improve the stability and compatibility of spray solutions, reducing the risk of degradation or separation. Farmers can achieve more effective pest control, weed management, disease prevention, and nutrient delivery using agricultural adjuvants. This can result in higher crop yields, improved quality, and increased productivity.

The global market is majorly driven by the increasing demand for food. In line with this, the rapid technological advancements in adjuvant formulations are significantly contributing to the market. Furthermore, the worldwide regulations promoting sustainable agriculture are positively influencing the market. Apart from this, the growing awareness about crop protection is offering numerous growth opportunities in the market. Moreover, the escalating adoption of no-till and minimum-tillage practices is catalyzing the market. Besides, the rising incidence of pesticide resistance is fostering the market. Additionally, the organic farming sector is witnessing substantial growth as consumers increasingly prefer organic products. Adjuvants formulated for organic farming, such as organic surfactants and adjuvant oils, are gaining widespread popularity among the masses, thus supporting the market expansion.

Agricultural Adjuvant Market Trends/Drivers

Increasing shift toward sustainable agriculture

The increasing shift towards sustainable agriculture is significantly contributing to the market. With a growing emphasis on environmentally friendly and socially responsible farming practices, farmers are seeking adjuvants that align with sustainable agricultural principles. Adjuvants that facilitate reduced chemical usage, minimize environmental impact, and improve resource efficiency are in high demand. These adjuvants support the goals of sustainable agriculture by optimizing the effectiveness of agrochemical applications, reducing runoff and environmental contamination, and improving targeted pest and weed control. Furthermore, adopting sustainable farming practices, such as organic farming and integrated pest management, requires effective adjuvants compatible with these systems. Adjuvants formulated specifically for organic farming or those that enable reduced chemical inputs drive market growth. As the agricultural industry continues to prioritize sustainability, the demand for adjuvants that contribute to sustainable farming practices will continue to rise, thus stimulating the growth of the market.

Rising investments in agricultural research and development (R&D)

The rising investments in agricultural research and development (R&D) are favorably impacting the market. These investments are leading to the development of innovative adjuvant formulations with improved functionalities and performance. Through extensive R&D efforts, new adjuvants are being created that offer enhanced compatibility, stability, and efficiency in agrochemical applications. Advanced formulations address farmers' challenges, such as increasing pesticide resistance and the need for reduced chemical inputs. Furthermore, investments in agricultural R&D also contribute to the development of adjuvants that align with emerging trends, such as precision agriculture and sustainable farming practices. These adjuvants cater to the demands of modern agriculture by optimizing the effectiveness of agrochemicals, reducing environmental impact, and promoting resource efficiency. As investments in agricultural R&D continue to grow, the development of innovative adjuvant solutions will accelerate, driving market growth and ensuring that farmers have access to the latest advancements in agricultural technology.

The rapid adoption of precision agriculture techniques

The rapid adoption of precision agriculture techniques is strengthening the market. Precision agriculture utilizes advanced technologies, such as GPS, sensors, and drones, to enable site-specific farming and tailored crop management. Adjuvants play a crucial role in precision agriculture by enhancing the performance and efficiency of agrochemical applications. They aid in accurate delivery and targeted deposition of pesticides, herbicides, and fertilizers, maximizing their effectiveness and minimizing wastage. Furthermore, precision agriculture allows farmers to optimize their resource allocation, reduce input costs, and minimize environmental impact. Adjuvants that support precision agriculture practices, such as improving spray coverage, reducing drift, and enhancing adhesion, are in high demand. As the adoption of precision agriculture continues to expand, the need for adjuvants that enable precise and efficient agrochemical applications will drive market growth. These adjuvants contribute to maximizing crop yields, improving resource management, and supporting sustainable farming practices in the era of precision agriculture.

Agricultural Adjuvant Industry Segmentation:

The report provides an analysis of the key trends in each segment of the global agricultural adjuvant market report, along with forecasts at the global and regional levels from 2023-2032. The report has categorized the market based on type, crop type, and application.

Breakup by Type:

Agricultural Adjuvant Market

  • Activator Adjuvant
  • Utility Adjuvant

Activator adjuvant dominates the market

The report has provided a detailed breakup and analysis of the market based on type. This includes activator adjuvant and utility adjuvant. According to the report, activator adjuvant represented the largest segment.

Activator adjuvants, penetrants, or wetting agents are specifically designed to enhance the performance of pesticides and herbicides by improving their spreadability, coverage, and absorption. They are widely used to ensure optimal crop protection and weed control. They reduce the surface tension of spray solutions, allowing for better wetting and spreading on the target plant surface. This enables improved pesticide penetration, leading to enhanced efficacy in controlling pests and diseases.

Furthermore, farmers and agricultural professionals recognize the importance of activator adjuvants in maximizing the effectiveness of agrochemical applications. These adjuvants contribute to better overall crop management, including improved coverage on plant surfaces, enhanced absorption of active ingredients, and increased target specificity. Given the significant role, activator adjuvants play in modern agricultural practices, their dominance in the market is driving the overall growth of the adjuvant agriculture sector. As the demand for effective crop protection solutions continues to rise, activator adjuvants will remain essential components, supporting sustainable and efficient farming systems.

Breakup by Crop Type:

  • Cereals & Oilseeds
  • Fruits & Vegetables
  • Others
A detailed breakup and analysis of the market based on the crop type have also been provided in the report. This includes cereals & oilseeds, fruits & vegetables, and others.

Cereals and oilseeds represent a significant segment of the agriculture industry, with high demand for effective crop protection and nutrient management solutions. Adjuvants tailored for cereals and oilseeds help optimize pesticide applications, improve coverage, and enhance absorption, thereby driving market growth in this segment.

Furthermore, fruits and vegetables are another important crop category that requires specialized adjuvants. These crops often face unique challenges, such as delicate plant structures, disease susceptibility, and strict residue regulations. Adjuvants formulated for fruits and vegetables aid in precise and effective pest control, disease management, and residue reduction, thus fueling market growth in this segment.

Breakup by Application:

  • Herbicides
  • Fungicides
  • Insecticides
  • Others

Herbicides hold the largest share of the market

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes herbicides, fungicides, insecticides, and others. According to the report, herbicides accounted for the largest market share.

Herbicides are widely used in agriculture to control weeds and ensure optimal crop growth. Adjuvants play a crucial role in enhancing the performance of herbicides, making them more effective in weed management. Furthermore, using adjuvants in conjunction with herbicides improves the spreadability, wetting, and absorption of the active ingredients on the target plants. They help overcome the challenges of weed resistance, increase the coverage of herbicide sprays, and enhance the adherence of herbicides to plant surfaces.

With increasing concerns about weed management and the need for effective solutions, the demand for adjuvants in the herbicides segment continues to grow. Adjuvants aid in improving the efficacy and efficiency of herbicides, ensuring better weed control and reducing the risk of crop yield losses. As herbicides remain the largest segment in the agriculture adjuvant market, the continued demand for adjuvants in herbicide applications fuels the overall growth of the market. Adjuvants enable farmers to achieve better weed management outcomes, leading to improved crop yields and increased productivity in the agricultural sector.

Breakup by Region:

Agricultural Adjuvant Market

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Asia-Pacific exhibits a clear dominance, accounting for the largest market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. Amongst these, Asia-Pacific is the leading market, accounting for the majority of the global share.

Asia-Pacific is home to a significant agricultural industry, with a large and diverse range of crops cultivated in the region. The region's extensive agricultural activities, including the production of cereals, oilseeds, fruits, vegetables, and other crops, drive the demand for effective crop protection and management solutions, including adjuvants.

Furthermore, the rapid population growth and changing dietary preferences in the Asia-Pacific have increased food production demand. This necessitates higher agricultural productivity and efficiency, thereby driving the adoption of adjuvants to optimize crop yields and protect against pests and diseases.

Moreover, the growing awareness about sustainable agricultural practices and the need to minimize environmental impact in the Asia-Pacific have fueled the demand for adjuvants that support eco-friendly and responsible farming practices. Adjuvants that enhance the efficacy of agrochemicals while reducing their environmental footprint are in high demand in the region. Additionally, the presence of a strong manufacturing base for agrochemicals contributes to the availability and accessibility of adjuvants, supporting the market growth.

Competitive Landscape

Top agricultural adjuvant companies are significantly propelling the market through their innovative product offerings, extensive research and development efforts, and strategic partnerships. These companies invest heavily in developing advanced adjuvant formulations that cater to the evolving needs of farmers and the agricultural industry. Through their R&D initiatives, these companies focus on improving the compatibility, stability, and performance of adjuvants. They strive to develop adjuvants that enhance spray coverage, penetration, and absorption of agrochemicals, ultimately maximizing their efficacy. Moreover, these companies actively collaborate with agrochemical manufacturers, distributors, and farmers to provide integrated solutions that optimize crop protection and yield enhancement. They offer technical support, training, and educational programs to promote the proper use and benefits of adjuvants. By leveraging their strong market presence, extensive distribution networks, and customer-focused strategies, these companies drive market growth by delivering high-quality adjuvant solutions that address the challenges faced by farmers, improve agricultural practices, and contribute to sustainable farming systems.

Competition Analysis

The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided.
  • Akzo Nobel N.V.
  • Croda International PLC
  • Corteva Agriscience
  • Evonik Industries Ag
  • Solvay SA
  • Huntsman International LLC.
  • Nufarm Limited
  • Helena Agri-Enterprises, LLC
  • Wilbur-Ellis Holdings, Inc.
  • Brandt Consolidated, Inc.

Recent Developments:

In 2020, Akzo Nobel N.V., a global leader in specialty chemicals and coatings, announced a collaboration with Royal Cosun, a Dutch agricultural cooperative. The collaboration aimed to develop innovative bio-based adjuvant solutions for the agricultural industry. By combining Akzo Nobel's expertise in sustainable chemistry and Royal Cosun's knowledge in agricultural raw materials, the partnership is sought to create adjuvants that enhance the performance and sustainability of crop protection products.

In 2019, Croda International PLC, a specialty chemical company, launched its ECO range of adjuvants. This range of adjuvants focused on providing sustainable solutions for crop protection, offering reduced environmental impact and improved performance. The ECO range included products such as bio-based surfactants and adjuvant formulations that aimed to enhance the efficacy and efficiency of agrochemical applications while promoting sustainability in agriculture.

In 2021, Corteva Agriscience, a leading global agricultural solutions company, announced a collaboration with EPL Bio Analytical Services, a Canadian agricultural laboratory. The collaboration is aimed to develop advanced adjuvant technologies for improving crop protection and management. Combining Corteva's expertise in agrochemicals with EPL's proficiency in analyzing and evaluating agricultural products, the collaboration sought to bring innovative adjuvant solutions to market, providing farmers with enhanced tools for efficient and sustainable crop production.

Key Questions Answered in This Report

1. What was the size of the global agricultural adjuvant market in 2023?
2. What is the expected growth rate of the global agricultural adjuvant market during 2024-2032?
3. What has been the impact of COVID-19 on the global agricultural adjuvant market?
4. What are the key factors driving the global agricultural adjuvant market?
5. What is the breakup of the global agricultural adjuvant market based on the type?
6. What is the breakup of the global agricultural adjuvant market based on the crop type?
7. What is the breakup of the global agricultural adjuvant market based on the application?
8. What are the key regions in the global agricultural adjuvant market?
9. Who are the key players/companies in the global agricultural adjuvant market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Agricultural Adjuvant Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Type
5.5 Market Breakup by Crop Type
5.6 Market Breakup by Application
5.7 Market Breakup by Region
5.8 Market Forecast
5.9 SWOT Analysis
5.9.1 Overview
5.9.2 Strengths
5.9.3 Weaknesses
5.9.4 Opportunities
5.9.5 Threats
5.10 Value Chain Analysis
5.10.1 Overview
5.10.2 Research and Development
5.10.3 Raw Material Procurement
5.10.4 Manufacturing
5.10.5 Marketing
5.10.6 Distribution
5.10.7 End-Use
5.11 Porters Five Forces Analysis
5.11.1 Overview
5.11.2 Bargaining Power of Buyers
5.11.3 Bargaining Power of Suppliers
5.11.4 Degree of Competition
5.11.5 Threat of New Entrants
5.11.6 Threat of Substitutes
5.12 Price Analysis
5.12.1 Key Price Indicators
5.12.2 Price Structure
5.12.3 Price Trends
6 Market Breakup by Type
6.1 Activator Adjuvant
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Utility Adjuvant
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Crop Type
7.1 Cereals & Oilseeds
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Fruits & Vegetables
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Others
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Application
8.1 Herbicides
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Fungicides
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Insecticides
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Europe
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Asia Pacific
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Latin America
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Forecast
10 Agricultural Adjuvant Manufacturing Process
10.1 Product Overview
10.2 Raw Material Requirements
10.3 Manufacturing Process
10.4 Key Success and Risk Factors
11 Competitive Landscape
11.1 Market Structure
11.2 Key Players
11.3 Profiles of Key Players
11.3.1 Akzo Nobel N.V.
11.3.2 Croda International PLC
11.3.3 Corteva Agriscience
11.3.4 Evonik Industries Ag
11.3.5 Solvay SA
11.3.6 Huntsman International LLC.
11.3.7 Nufarm Limited
11.3.8 Helena Agri-Enterprises, LLC
11.3.9 Wilbur-Ellis Holdings, Inc.
11.3.10 Brandt Consolidated, Inc.
List of Figures
Figure 1: Global: Agricultural Adjuvant Market: Major Drivers and Challenges
Figure 2: Global: Agricultural Adjuvant Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Agricultural Adjuvant Market: Breakup by Type (in %), 2023
Figure 4: Global: Agricultural Adjuvant Market: Breakup by Crop Type (in %), 2023
Figure 5: Global: Agricultural Adjuvant Market: Breakup by Application (in %), 2023
Figure 6: Global: Agricultural Adjuvant Market: Breakup by Region (in %), 2023
Figure 7: Global: Agricultural Adjuvant Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 8: Global: Agricultural Adjuvant Industry: SWOT Analysis
Figure 9: Global: Agricultural Adjuvant Industry: Value Chain Analysis
Figure 10: Global: Agricultural Adjuvant Industry: Porter’s Five Forces Analysis
Figure 11: Global: Agricultural Adjuvant (Activator Adjuvant) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Agricultural Adjuvant (Activator Adjuvant) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Agricultural Adjuvant (Utility Adjuvant) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Agricultural Adjuvant (Utility Adjuvant) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Agricultural Adjuvant (Cereals & Oilseeds) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Agricultural Adjuvant (Cereals & Oilseeds) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: Agricultural Adjuvant (Fruits & Vegetables) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: Agricultural Adjuvant (Fruits & Vegetables) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Global: Agricultural Adjuvant (Other Crop Types) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Global: Agricultural Adjuvant (Other Crop Types) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Global: Agricultural Adjuvant (Application in Herbicides) Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Global: Agricultural Adjuvant (Application in Herbicides) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Global: Agricultural Adjuvant (Application in Fungicides) Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: Global: Agricultural Adjuvant (Application in Fungicides) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Global: Agricultural Adjuvant (Application in Insecticides) Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Global: Agricultural Adjuvant (Application in Insecticides) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: Global: Agricultural Adjuvant (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: Global: Agricultural Adjuvant (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: North America: Agricultural Adjuvant Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: North America: Agricultural Adjuvant Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Europe: Agricultural Adjuvant Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Europe: Agricultural Adjuvant Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: Asia Pacific: Agricultural Adjuvant Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: Asia Pacific: Agricultural Adjuvant Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: Latin America: Agricultural Adjuvant Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: Latin America: Agricultural Adjuvant Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: Middle East and Africa: Agricultural Adjuvant Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: Middle East and Africa: Agricultural Adjuvant Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: Agricultural Adjuvant Manufacturing: Detailed Process Flow
List of Tables
Table 1: Global: Agricultural Adjuvant Market: Key Industry Highlights, 2023 & 2032
Table 2: Global: Agricultural Adjuvant Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Global: Agricultural Adjuvant Market Forecast: Breakup by Crop Type (in Million US$), 2024-2032
Table 4: Global: Agricultural Adjuvant Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 5: Global: Agricultural Adjuvant Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 6: Agricultural Adjuvant: Raw Material Requirements
Table 7: Global: Agricultural Adjuvant Market: Competitive Structure
Table 8: Global: Agricultural Adjuvant Market: Key Players

Companies Mentioned

  • Akzo Nobel N.V.
  • Croda International PLC
  • Corteva Agriscience
  • Evonik Industries Ag
  • Solvay SA
  • Huntsman International LLC
  • Nufarm Limited
  • Helena Agri-Enterprises LLC
  • Wilbur-Ellis Holdings Inc.
  • Brandt Consolidated Inc.

Methodology

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Table Information