Agricultural Adjuvants Market Projected To Grow With Significant CAGR Over The Forecast Period
Agricultural Adjuvants Market Projected To Grow With Significant CAGR Over The Forecast Period
Agricultural adjuvants are basically substances added to an agricultural product like pesticides, insecticides, herbicides etc in order to get better results out of them. Adoption of novel agricultural practices and awareness among farmers regarding the benefits of agricultural adjuvants are the main driving force for the agricultural adjuvants market. Also, a sudden increase in demand for precision agriculture practices and adoption of agricultural adjuvants to achieve better crop yield are propelling the growth of agricultural adjuvants market.
Agricultural Adjuvants Market – Segmentation
The agricultural adjuvants market can be segmented on the basis of product type, crop type, application, and on the basis of geography.
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On the basis of product type, the agricultural adjuvants market can be segmented into the following categories:-
Utility
Buffers
Water Conditioners
Compatibility Agents
Drift Control Agents
Antifoam Agents
Activators
Oil Adjuvants
Ammonium Fertilizers
Surfactants
On the basis of crop type, the agricultural adjuvants market can be segmented into the following categories:-
Grains and Cereals
Turf and Ornamental Plants
Oilseeds
On the basis of application, the agricultural adjuvants market can be segmented into the following categories:-
Herbicides
Fungicides
Insecticides
Others
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Analysis of the agricultural adjuvants market based on regions
On the basis of the geography, the agricultural adjuvants market can be divided into the following five key regions. They are:-
Latin America
Europe
Asia Pacific
North America
The Middle East and Africa
Among all the above specified regions, North America is likely to have the highest revenue share of the agricultural adjuvants market in the forecasted period. Main reasons are high rate of consumption of these agricultural adjuvants by farmers, government subsidies, adoption of precision farming, and application of modern technologies in agriculture.
After North America, Europe is likely to be the second largest market in the forecasted period, mainly due to presence of large number of related companies, adoption of advanced agricultural practices and a high rate of consumption of agricultural products.
In Asia-Pacific also there is likely to have rapid growth in the agricultural adjuvants market owing to the presence of large population pool and an increase in production of agricultural products.
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Major Players in the Agricultural Adjuvants Market
Some of the major players in the agricultural adjuvants market are:-
DuPont (U.S.)
Adjuvant plus Inc. (Canada)
Monsanto Company (U.S.)
Momentive Performance Materials (U.S),
Syngenta AG (Switzerland)
Akzonoble N.V. (Netherlands)
Bayer CropScience AG (Germany)
Brandt Consolidated (U.S.),
Solvay SA (Belgium)
The Dow Chemical Company (U.S.)
Croda Chemicals (India)
Recent Developments in the Agricultural Adjuvants Market
February, 2017 - Rizobacter has launched its new special adjuvant for garminicides.
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