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%. During the historical period, the expansion can be credited to heightened demand for agrochemicals, an upsurge in crop damage, and increased acceptance and utilization of agricultural adjuvants within the realm of 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 projected growth in the forecast period can be linked to diminishing agricultural lands, a surge in food demand, and the escalating adoption of precision farming techniques. Key trends anticipated in this period comprise advancements in technology, the introduction of innovative products, the integration of agricultural adjuvants in unmanned aerial vehicle (UAV) spraying, and the formation of strategic partnerships and collaborations.
The agricultural adjuvants market is anticipated to experience growth during the forecast period due to a reduction in farming lands. The diminishing availability of agricultural land places an increasing burden on farmers to achieve high yields within limited resources. To address this challenge, adjuvants are employed in conjunction with pesticides to enhance their efficacy and penetration, ultimately improving crop yields. In 2022, the UK reported a 2.2% decrease in the total utilized agricultural area, reflecting the ongoing trend of diminishing available land. Similarly, Australia experienced a 5% reduction in agricultural land from 2020-21 to 2021-22, according to statistics from the Australia Bureau Of Statistics. Additionally, the United States Department of Agriculture (USDA) reported a decrease of 1.3 million acres of farmland in the USA in 2021. The reduction in farming lands is poised to be a driving factor for the agricultural adjuvants market.
The agricultural adjuvants market is expected to witness growth driven by increasing food demand during the forecast period. With the global population projected to reach around 9 billion by 2037, as per the World Population Prospects 2022 report by the United Nations (UN), there is a significant surge in the demand for food. To meet this rising demand, agricultural adjuvants play a vital role by enhancing the effectiveness of pesticides, thereby boosting crop productivity. As of 2022, the world population stands at approximately 8 billion, indicating an imminent need to increase food production. Consequently, the escalating demand for food is poised to act as a catalyst for the growth of the agricultural adjuvants market in the forecast period.
Companies within the agricultural adjuvants market are actively responding to farmer needs and enhancing product efficiency through the introduction of new technological products. An illustrative example is BASF, a Germany-based chemical company, which, in 2021, unveiled the Sentris buffering technology. This liquid buffering agent is designed to elevate and stabilize the solution pH (potential of hydrogen) when incorporated into herbicides and pesticide spray solutions. Additionally, it serves to mitigate the risk of tank contamination by facilitating spray system cleaning and hygiene.
Companies are innovating to cater to evolving needs, with a focus on products tailored for unmanned aerial vehicle spraying (UAV), thereby enhancing customer convenience. A case in point is Clariant, a Switzerland-based specialty chemical company, that introduced Synergen DRT in April 2022. Positioned as a drift control agent and biological activator, Synergen DRT is specifically crafted for drones. This high-performing adjuvant enables the use of conventional pesticides in the low-volume conditions of small drone tanks. By reducing drift and volatility of tiny droplets during application, Synergen DRT enhances coverage and penetration of active ingredients into leaves, ultimately improving biological performance. This innovation contributes to making drone spraying more environmentally friendly and sustainable.
In April 2021, DKSH, a Switzerland-based company known for its expertise in market expansion services, completed the acquisition of SACOA Pty Ltd for an undisclosed sum. This strategic acquisition aligns with DKSH's goal of broadening its portfolio of value-added services and positions the company as a prominent player in the distribution of specialized agricultural chemicals within the Australian market. SACOA, headquartered in Australia, is recognized for its role as a developer, formulator, and supplier of adjuvants designed for agricultural crop protection products. These adjuvants are aimed at augmenting and improving the performance and efficacy of agricultural solutions.
Major companies operating in the agricultural adjuvants market report are Marubeni, Evonik Industries, Solvay Inc., Nufarm Limited, The Dow Chemical Company, BASF SE, Nouryon, Croda International PLC, Clariant AG, Stepan Company, New Tiger Co. Ltd., Jiangxi Tiansheng New Materials Co. Ltd., Dhanuka Agritech Limited, Excel Crop Care Limited, UPL Limited, Hangzhou Silway New Material Technology Co. Ltd., Wuhan Han Sheng New Material Technology Co. Ltd., Akzo Nobel N.V., Corteva Agriscience, Huntsman International LLC, Ingevity, Miller Chemical & Fertilizer LLC, Helena Chemical Company, WinField United, Wilbur-Ellis Company LLC, DGL Group Inc., ExcelAg Corp., Aloetrade America LLC, Accurate Chemical & Scientific Corporation, Scale Ag Services, AlzChem LLC, Nutrien Ltd.
North America was the largest region in the agricultural adjuvants market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the agricultural adjuvants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the agricultural adjuvants market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The primary categories of agricultural adjuvants comprise activator adjuvants and utility adjuvants. Activator adjuvants are specifically designed chemicals that amplify the effectiveness of pesticides, commonly by improving absorption and reducing surface tension on leaves. Various formulations of adjuvants, such as suspension concentrates and emulsifiable concentrators, find applications across cereals, grains, oilseeds, pulses, fruits, vegetables, and other crops. These adjuvants are extensively used in herbicides, insecticides, fungicides, and other agricultural applications.
The agricultural adjuvants market research report is one of a series of new reports that provides agricultural adjuvants market statistics, including agricultural adjuvants industry global market size, regional shares, competitors with an agricultural adjuvants market share, detailed agricultural adjuvants market segments, market trends and opportunities, and any further data you may need to thrive in the agricultural adjuvants industry. This agricultural adjuvants market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The agricultural adjuvants market consists of sales of surfactants including anionic surfactants, cationic surfactants, and nonionic surfactants. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
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 projected growth in the forecast period can be linked to diminishing agricultural lands, a surge in food demand, and the escalating adoption of precision farming techniques. Key trends anticipated in this period comprise advancements in technology, the introduction of innovative products, the integration of agricultural adjuvants in unmanned aerial vehicle (UAV) spraying, and the formation of strategic partnerships and collaborations.
The agricultural adjuvants market is anticipated to experience growth during the forecast period due to a reduction in farming lands. The diminishing availability of agricultural land places an increasing burden on farmers to achieve high yields within limited resources. To address this challenge, adjuvants are employed in conjunction with pesticides to enhance their efficacy and penetration, ultimately improving crop yields. In 2022, the UK reported a 2.2% decrease in the total utilized agricultural area, reflecting the ongoing trend of diminishing available land. Similarly, Australia experienced a 5% reduction in agricultural land from 2020-21 to 2021-22, according to statistics from the Australia Bureau Of Statistics. Additionally, the United States Department of Agriculture (USDA) reported a decrease of 1.3 million acres of farmland in the USA in 2021. The reduction in farming lands is poised to be a driving factor for the agricultural adjuvants market.
The agricultural adjuvants market is expected to witness growth driven by increasing food demand during the forecast period. With the global population projected to reach around 9 billion by 2037, as per the World Population Prospects 2022 report by the United Nations (UN), there is a significant surge in the demand for food. To meet this rising demand, agricultural adjuvants play a vital role by enhancing the effectiveness of pesticides, thereby boosting crop productivity. As of 2022, the world population stands at approximately 8 billion, indicating an imminent need to increase food production. Consequently, the escalating demand for food is poised to act as a catalyst for the growth of the agricultural adjuvants market in the forecast period.
Companies within the agricultural adjuvants market are actively responding to farmer needs and enhancing product efficiency through the introduction of new technological products. An illustrative example is BASF, a Germany-based chemical company, which, in 2021, unveiled the Sentris buffering technology. This liquid buffering agent is designed to elevate and stabilize the solution pH (potential of hydrogen) when incorporated into herbicides and pesticide spray solutions. Additionally, it serves to mitigate the risk of tank contamination by facilitating spray system cleaning and hygiene.
Companies are innovating to cater to evolving needs, with a focus on products tailored for unmanned aerial vehicle spraying (UAV), thereby enhancing customer convenience. A case in point is Clariant, a Switzerland-based specialty chemical company, that introduced Synergen DRT in April 2022. Positioned as a drift control agent and biological activator, Synergen DRT is specifically crafted for drones. This high-performing adjuvant enables the use of conventional pesticides in the low-volume conditions of small drone tanks. By reducing drift and volatility of tiny droplets during application, Synergen DRT enhances coverage and penetration of active ingredients into leaves, ultimately improving biological performance. This innovation contributes to making drone spraying more environmentally friendly and sustainable.
In April 2021, DKSH, a Switzerland-based company known for its expertise in market expansion services, completed the acquisition of SACOA Pty Ltd for an undisclosed sum. This strategic acquisition aligns with DKSH's goal of broadening its portfolio of value-added services and positions the company as a prominent player in the distribution of specialized agricultural chemicals within the Australian market. SACOA, headquartered in Australia, is recognized for its role as a developer, formulator, and supplier of adjuvants designed for agricultural crop protection products. These adjuvants are aimed at augmenting and improving the performance and efficacy of agricultural solutions.
Major companies operating in the agricultural adjuvants market report are Marubeni, Evonik Industries, Solvay Inc., Nufarm Limited, The Dow Chemical Company, BASF SE, Nouryon, Croda International PLC, Clariant AG, Stepan Company, New Tiger Co. Ltd., Jiangxi Tiansheng New Materials Co. Ltd., Dhanuka Agritech Limited, Excel Crop Care Limited, UPL Limited, Hangzhou Silway New Material Technology Co. Ltd., Wuhan Han Sheng New Material Technology Co. Ltd., Akzo Nobel N.V., Corteva Agriscience, Huntsman International LLC, Ingevity, Miller Chemical & Fertilizer LLC, Helena Chemical Company, WinField United, Wilbur-Ellis Company LLC, DGL Group Inc., ExcelAg Corp., Aloetrade America LLC, Accurate Chemical & Scientific Corporation, Scale Ag Services, AlzChem LLC, Nutrien Ltd.
North America was the largest region in the agricultural adjuvants market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the agricultural adjuvants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the agricultural adjuvants market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The primary categories of agricultural adjuvants comprise activator adjuvants and utility adjuvants. Activator adjuvants are specifically designed chemicals that amplify the effectiveness of pesticides, commonly by improving absorption and reducing surface tension on leaves. Various formulations of adjuvants, such as suspension concentrates and emulsifiable concentrators, find applications across cereals, grains, oilseeds, pulses, fruits, vegetables, and other crops. These adjuvants are extensively used in herbicides, insecticides, fungicides, and other agricultural applications.
The agricultural adjuvants market research report is one of a series of new reports that provides agricultural adjuvants market statistics, including agricultural adjuvants industry global market size, regional shares, competitors with an agricultural adjuvants market share, detailed agricultural adjuvants market segments, market trends and opportunities, and any further data you may need to thrive in the agricultural adjuvants industry. This agricultural adjuvants market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The agricultural adjuvants market consists of sales of surfactants including anionic surfactants, cationic surfactants, and nonionic surfactants. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Agricultural Adjuvants Market Characteristics3. Agricultural Adjuvants Market Trends and Strategies32. Global Agricultural Adjuvants Market Competitive Benchmarking33. Global Agricultural Adjuvants Market Competitive Dashboard34. Key Mergers and Acquisitions in the Agricultural Adjuvants Market
4. Agricultural Adjuvants Market - Macro Economic Scenario
5. Global Agricultural Adjuvants Market Size and Growth
6. Agricultural Adjuvants Market Segmentation
7. Agricultural Adjuvants Market Regional and Country Analysis
8. Asia-Pacific Agricultural Adjuvants Market
9. China Agricultural Adjuvants Market
10. India Agricultural Adjuvants Market
11. Japan Agricultural Adjuvants Market
12. Australia Agricultural Adjuvants Market
13. Indonesia Agricultural Adjuvants Market
14. South Korea Agricultural Adjuvants Market
15. Western Europe Agricultural Adjuvants Market
16. UK Agricultural Adjuvants Market
17. Germany Agricultural Adjuvants Market
18. France Agricultural Adjuvants Market
19. Italy Agricultural Adjuvants Market
20. Spain Agricultural Adjuvants Market
21. Eastern Europe Agricultural Adjuvants Market
22. Russia Agricultural Adjuvants Market
23. North America Agricultural Adjuvants Market
24. USA Agricultural Adjuvants Market
25. Canada Agricultural Adjuvants Market
26. South America Agricultural Adjuvants Market
27. Brazil Agricultural Adjuvants Market
28. Middle East Agricultural Adjuvants Market
29. Africa Agricultural Adjuvants Market
30. Agricultural Adjuvants Market Competitive Landscape and Company Profiles
31. Agricultural Adjuvants Market Other Major and Innovative Companies
35. Agricultural Adjuvants Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Agricultural Adjuvants Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on agricultural adjuvants market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
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- Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for agricultural adjuvants? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered: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
Key Companies Mentioned: Marubeni; Evonik Industries; Solvay Inc.; Nufarm Limited; The Dow Chemical Company
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- Marubeni
- Evonik Industries
- Solvay Inc.
- Nufarm Limited
- The Dow Chemical Company
- BASF SE
- Nouryon
- Croda International Plc
- Clariant AG
- Stepan Company
- New Tiger Co. Ltd
- Jiangxi Tiansheng New Materials Co. Ltd.
- Dhanuka Agritech Limited
- Excel Crop Care Limited
- UPL Limited
- Hangzhou Silway New Material Technology Co. Ltd.
- Wuhan Han Sheng New Material Technology Co. Ltd.
- Akzo Nobel N.V.
- Corteva Agriscience
- Huntsman International LLC
- Ingevity
- Miller Chemical & Fertilizer LLC
- Helena Chemical Company
- WinField United
- Wilbur-Ellis Company LLC
- DGL Group Inc.
- ExcelAg Corp.
- Aloetrade America LLC
- Accurate Chemical & Scientific Corporation
- Scale Ag Services
- AlzChem LLC
- Nutrien Ltd.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | February 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 4.62 Billion |
Forecasted Market Value ( USD | $ 7 Billion |
Compound Annual Growth Rate | 10.9% |
Regions Covered | Global |
No. of Companies Mentioned | 32 |