Agricultural Adjuvants Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024
Global Agricultural Adjuvants Market: Overview
An agricultural adjuvant is majorly used to improve the efficiency of pesticides such as insecticides, fungicides, herbicides, and other agents that are mainly utilized to control or get rid of the unwanted pests. Adjuvant plays a vital role in enhancing the competence of agrochemical and increasing the production or yield of the crop. Agricultural adjuvant comprises surfactants, ammonium fertilizers, and oils.
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Global Agricultural Adjuvants Market: Growth Factors
Global agricultural adjuvants market is anticipated to develop considerably in the coming years due to increased demand for agrochemicals. Growing significance for precision farming is projected to further fuel the global agricultural adjuvants market expansion. Precision farming facilitates the use of agricultural adjuvants for suitable agrochemical application. Confined agriculture practices further anticipate driving the agricultural adjuvants market growth. Emulsifiers, oils, surfactants, and salts are significant for effective crop generation and are projected to further boost up the market development. Agricultural adjuvants are acquiring popularity and demand among insecticides, herbicides, and fungicides to help in their function and utility. Thus, rising crop chemical protection demand remains to be a major aspect for the growth of the global agricultural adjuvants market. Growing awareness and knowledge among farmers about agrochemicals along with improved farming equipment is anticipated to drive the global market development. The beginning of agriculture practices such as commercial farming and contract farming is projected to drive the global agricultural adjuvants market development.
Global Agricultural Adjuvants Market: Segmentation
Global agricultural adjuvants market is classified by application, type, and geography. Pesticide and fertilizer adjuvants are the most important applications accounting for the major market share. Pesticide adjuvant anticipates being the highest increasing division due to the increased precedence on the post-harvest waste decrease, particularly in developing countries. On the basis of type, the global agricultural adjuvants market is categorized into oil adjuvants and activatorOil adjuvant is anticipated to be the fastest rising division.
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Global Agricultural Adjuvants Market: Regional Analysis
North America is projected to come out as the most important regional agricultural adjuvants market due to the high consumption rate and high demand and recognition of precision farming. Knowledge with regards to agricultural adjuvants amongst farmers in North America is projected to have a constructive influence on the global agricultural adjuvants market. Highly developed agricultural practices along with the existence of most important companies are anticipated to propel the agricultural adjuvants production and demand in Europe correspondingly. Growing precision farming adoption in Brazil and Argentina is anticipated to propel the Latin American agricultural adjuvants market expansion over the next few years. Rising agricultural output along with technological developments in farming is anticipated to propel the Asia Pacific agricultural adjuvants market. Rising focus of countries such as Russia and India on agricultural expansion is further projected to fuel the market development.
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Global Agricultural Adjuvants Market: Competitive Players
Some of the most important market players in the agricultural adjuvants market are Brandt Consolidated Inc., Lamberti SPA, Huntsman Corp., Solvay S.A., Nufarm Ltd., Garrco Products Inc., Evonik Industries AG, Winfield Solutions LLC, Dow Corning Group, Helena Chemical Company, Croda International Plc, Momentive Performance Materials, Tanatex Chemical B.V, Wilbur-Elis Company, and Interagro Ltd., among others.
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