Adjuvants increase the penetration of active chemicals in pesticides into plant leaves, enhancing their efficiency. In turn, this lowers the number of active substances needed to make pesticides, which lowers the price of pesticides. Agricultural adjuvants must be safe to use and reduce the environmental impact of washed-off foliar sprayed insecticides because they fall under regulatory oversight. These are the main elements influencing the market. The global market is also being driven by rising demand for crop protection chemicals. In the last decade, there has been a greater emphasis on the potential environmental consequences of excessive pesticide use. This element is increasing demand for agricultural adjuvants and, as a result, market revenue.
Market Overview:
Agricultural Adjuvants market was valued at USD 3.2 Billion in 2021, and it is expected to reach a value of USD 4.56 Billion by 2028, at a CAGR of 5.2% over the forecast period (2022 – 2028).
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Top Key players operated in Global Agricultural Adjuvants Market:
- Corteva Agriscience (US)
- Evonik Industries (Germany)
- Croda International (UK)
- Nufarm (Australia)
- Solvay SA (Belgium)
- BASF SE (Germany)
- Huntsman Corporation (US)
- Clariant AG (Switzerland)
- Helena Agri-Enterprises LLC (US)
- Stepan Company (US)
- Adjuvant Plus Inc. (Canada)
- Wilbur-Ellis Company (US)
- Precision Laboratories, LLC (US)
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Key Offerings:
- Global Agricultural Adjuvants Market Size & Forecast by Revenue | 2022−2028
- Global Agricultural Adjuvants Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
- Market Segmentation – A detailed analysis by formulation, adoption stage, function, application, crop type, region.
- Competitive Landscape – Top key vendors and other prominent vendors
Global Agricultural Adjuvants Key Market Trends
- Increasing research and development to advance technical advancement in crop adjuvant application. Unmanned Surface Vehicles (UAV) such as drones have grown in popularity in recent years because to the high level of precision, economy, convenience, and safety connected with them. Key market participants are releasing new items to meet the growing demand for such products among farmers worldwide.
- For example, Clariant, a leading global producer of specialty chemicals for agriculture, announced in April 2022 the launch of DropForward, a focused approach to offering precise application with adjuvants and co-formulants. The company provides Synergen DRT, the first solution for the DropForward idea. Synergen DRT is a drone-specific drift control agent and biological activator. This innovative technique was created in one of the company's cutting-edge facilities in Germany, and it was tested in real-world settings in Brazil. It enables the use of common pesticides in low volume settings such as small drone tanks. In the near future, it is projected that these market trends will increase demand for agricultural adjuvants.
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