The extremely consolidated nature of the global agricultural adjuvants market allows very little space for new entrants. In 2015, the top three players in the market – Akzo Nobel N.V., Solvay, and Clariant – collectively held a share of 51.1%. All key players hold an especially high control over supplies of agricultural adjuvants in developed economies.
The extremely consolidated nature of the global agricultural adjuvants market allows very little space for new entrants. In 2015, the top three players in the market – Akzo Nobel N.V., Solvay, and Clariant – collectively held a share of 51.1%. All key players hold an especially high control over supplies of agricultural adjuvants in developed economies.
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.
The extremely consolidated nature of the global agricultural adjuvants market allows very little space for new entrants. In 2015, the top three players in the market – Akzo Nobel N.V., Solvay, and Clariant – collectively held a share of 51.1%. All key players hold an especially high control over supplies of agricultural adjuvants in developed economies.
Featuring a largely consolidated vendor landscape, the global agricultural adjuvants market features the dominance of only a handful of players. According to a recent market research report by Transparency Market Research, only three companies, namely Clariant, Akzo Nobel N.V., and Solvay, collectively held over 50% of the overall market in 2015. The vendor landscape is likely to continue to remain consolidated in the next few years as well, with these leading companies benefitting from ... Read more
