Agricultural Adjuvants Market Size, Share Report, Analysis, Trends, Growth 2030

Agricultural Adjuvants Market Size And Industry Analysis

The Agricultural Adjuvants Market size was worth around USD 3,128.5 million in 2021 and is estimated to grow to about USD 4,412.7 million by 2028, with a compound annual growth rate (CAGR) of approximately 5.9 percent over the forecast period. The report analyzes the Agricultural Adjuvants Market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the Agricultural Adjuvants Market.

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Agricultural Adjuvants Market: Overview

Adjuvants are substances that are added to herbicides, fungicides, insecticides, or any other crop protection agent formulation to help with mixing, application, or effectiveness. The agricultural adjuvants market is predicted to be driven by increased demand for improved crop yields due to the depletion of agricultural lands as a result of urbanization and rising population.

In addition, the commercialization of the agriculture industry in developed economies will boost agriculture adjuvant demand. Food grain consumption is increasing as many emerging nations transition from low-income to middle-income status. As people become wealthier, the desire for better and more fresh food rises, boosting the market. Farmers use pesticides and insecticides to protect their yield from pests, diseases, weeds, and rodents. Adjuvants are generally used to aid pesticides and increase their efficacy while being applied to crops. This is increasing the demand for adjuvants in recent years. Farmers are required by many environmental restrictions to use biodegradable products. Many adjuvant industry firms offer environmentally friendly products, which makes them viable. The goods meet environmental standards and ensure that the need for adjuvants will rise in the future. The market growth rate is likely to accelerate in the near future as a result of various governments taking measures and improving farming methods in developing economies.

Covid-19 Impact

The Covid-19 outbreak has had a major impact on food supply and demand. Border restrictions, quarantines, market supply chains, and trade disruptions have limited people's access to adequate and healthy food supplies, particularly in nations badly struck by the virus. However, as governments around the world closed down borders and economies to limit the spread of the coronavirus, businesses had significant consequences on their international transactions.

Many markets are focusing on domestic industries meeting their needs for fertilizers, insecticides, and adjuvants. This, however, is generating a mismatch between demand and supply numbers. However, other regions that are entirely reliant on imports are in terrible shape. Adjuvants are heavily reliant on raw materials such as vegetable oils and petroleum to be manufactured. The gradual rise in these commodities' prices has led to higher adjuvant pricing. All of these problems limited the market's potential growth in the pandemic period.

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Agricultural Adjuvants Market: Driver

Limiting pesticide waste by enhancing usage efficiency in order to increase food output in order to satisfy rising food consumption during the pandemic

Adjuvants aid in the modification of agrochemicals' biological activity and application qualities by altering their physical and chemical properties. Surfactants, for example, soften the crystalline wax in the cuticle, increasing the mobility of agrochemicals through the cuticular membrane. Water-based spray solutions have a tough time penetrating the waxy exterior of many insects, plants, and fungi. Adjuvants are added to pesticide spray solutions to overcome this barrier.

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Agricultural Adjuvants Market: Restraint

Adjuvant manufacturing is subject to stringent rules.

There are varying rules for the manufacture and registration of agricultural adjuvants in different regions, making it difficult for exporters to maintain production units and comply with each country's criteria. Environmental rules in all nations have increased the cost of producing new products and delayed their launch. This has been a significant obstacle for new market players seeking to capitalize on opportunities to enter this market.

Agricultural Adjuvants Market: Opportunity

Adjuvants in biological products

Adjuvants are commonly used to improve the efficacy of synthetic insecticides. Adjuvants that can be employed in biological products such as biopesticides and biostimulants must also be developed. Adjuvant manufacturing businesses are constantly creating unique goods and technology to meet the growing demand from the organic agricultural industry. With growing awareness of the importance of eco-friendly and sustainable products, the need to produce adjuvants that are compatible with biological products has become increasingly apparent. To maintain the viability and pesticide performance of agricultural biologicals such as biostimulants and biofertilizers, sustainable and non-oil adjuvants are required. As a result, there is room for growth in the market as demand for adjuvants for biological products rises.

Agricultural Adjuvants Market: Challenge

The use of petroleum oil-based adjuvants is causing an increase in human health and environmental issues.

The crop protection market is governed by crop protection chemical usage restrictions enforced by the EU and FAO. Many companies in nations such as Germany and France are having difficulties in developing, registering, manufacturing, and distributing crop protection goods. The growing number of R&D mandates is also predicted to have a negative influence on the crop protection business, affecting the agricultural adjuvants market. Non-target creatures can be affected by environmental levels of some adjuvant mixes, which can even induce chronic human diseases.

Agricultural Adjuvants Market: Segmentation

The Agricultural Adjuvants Market is differentiated based on crop type, function, application, adoption stage, and formulation.

By crop type, the market is classified into Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Others. In the forecast period, the cereal and grains category led the market for agricultural adjuvants. Cereals and grains are the most consumed agricultural class, primarily in the Asia Pacific. Demand for agricultural adjuvants is being driven by the rising consumption of cereals and grains such as rice, wheat, rye, corn, oats, sorghum, and barley in different other locations. For cereals and grains, nonionic surfactants and agrochemicals are generally suggested.

By function, the market is classified into Activator Adjuvant and Utility Adjuvant. In the forecast period, the activator adjuvants category led the agricultural adjuvants market. They are widely employed in agrochemicals because of their ease of availability and inexpensive cost as compared to utility adjuvants. Surfactants (non-ionic, cationic, and anionic) and oil carriers are examples of activator adjuvants. Surfactants are the most widely suggested herbicide adjuvants, particularly for systemic and water-soluble herbicides. The utility adjuvants market is predicted to grow at a rapid pace over the forecast period because of the increased usage of pesticides to limit various unwanted items in agriculture. Compatibility agents, drift control agents, buffering agents, and water conditioning agents are examples of important utility adjuvants.

By application, the market is classified into Herbicides, Fungicides, and Insecticides. In the forecast period, the herbicide category led the market for agricultural adjuvants. In the agriculture industry, herbicides are widely used pesticides. They are used to control a variety of undesirable plants in crops, such as weeds. Adjuvants are additives that are added to herbicide formulations or the spray tank to modify herbicidal activity or application characteristics such as spray retention and droplet drying, increasing droplet coverage, increasing herbicide cuticle penetration, enhanced mixing and handling, and cellular accumulation.

Recent Developments

• In 2021, Attune Agriculture, a leader in hydrocolloid technology, announced the introduction of new agricultural products to the market. The firm partnered with Commodit Ag to market "Accomplice," an all-in-one adjuvant designed for row crops.

Regional Landscape

The majority of the global adjuvants market was accounted for by North America because of the increased adoption of innovative agricultural technologies. Farmers are embracing precision farming and innovative crop technologies to enhance yield. This is likely to boost demand for agricultural adjuvants, which improve the efficiency of chemicals sprayed on crops to increase output. Investing in next-generation technologies aimed at providing agricultural adjuvants that meet the changing needs and distinctive requirements of modern agricultural operations is projected to drive market demand. In North America, stringent regulations on the use of crop protection chemicals to safeguard the environment from harmful impacts are pushing the market.

The Asia Pacific is likely to provide profitable prospects for the agriculture adjuvant market throughout the evaluation year because of its extensive agricultural land for production. Since industrialization has reduced cultivable land, farmers are looking for chemical pesticides that will provide a higher yield from a smaller land area. Agriculture is becoming more common in India, China, and Japan, and it is projected that the Asia Pacific region would soon boost the market growth. The majority of this region's contribution is due to causes such as the ongoing decline in arable land, quickly expanding population, and increase in demand for high-quality food. Furthermore, factors such as changing agricultural practices, agricultural labor shortages, increasing intensification including precision agriculture, high rate of adoption of advanced farming technologies, growing recognition of agriculture's environmental impact, and growing interest in sustainable production systems are expected to support the growth of this market in this region.

Competitive Landscape

Some of the main competitors dominating the Agricultural Adjuvants Market include - CORTEVA AGRISCIENCE, EVONIK INDUSTRIES, CRODA INTERNATIONAL, NUFARM, SOLVAY, BASF, HUNTSMAN CORPORATION, CLARIANT, HELENA AGRI-ENTERPRISES LLC, STEPAN COMPANY, WILBUR-ELLIS COMPANY, BRANDT, PLANT HEALTH TECHNOLOGIES, INNVICTIS CROP CARE, MILLER CHEMICAL AND FERTILIZER, LLC, PRECISION LABORATORIES, LLC, CHS INC, WINFIELD UNITED, KALO INC., NOURYON, INTERAGRO LTD, LAMBERTI S.P.A, GARRCO PRODUCTS, INC, DREXEL CHEMICAL COMPANY, LOVELAND PRODUCTS INC.

Agricultural Adjuvants Market is segmented as follows:

By Crop Type

• Cereals & Grains
• Oilseeds & Pulses
• Fruits & Vegetables
• Others

By Function

• Activator Adjuvant
• Utility Adjuvant

By Application

• Herbicides
• Fungicides
• Insecticides

By Adoption Stage

• In-formulation
• Tank-mix

By Formulation

• Suspension concentrates
• Emulsifiable concentrates

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa