Agricultural Adjuvants Market Trends, Statistics, Key Players, Revenue, and Forecast 2030


 Agricultural Adjuvants Market Overview

The size of the global agricultural adjuvants market was USD 4.60 billion in value in the year 2022. This market's compound annual growth rate is estimated to be 3.90 % in the period between 2022 and 2030.

Agricultural Adjuvants are additives for agrochemicals such as insecticides, pesticides, herbicides, fungicides and more. The purpose of adding agricultural adjuvants is to improve the performance of agrochemicals. Improvement can be in better retention, more penetration, facilitated wetting and more. Overall, agricultural adjuvants serve to increase the effectiveness of agrochemicals to provide better crop protection and enhance crop yield.

The size of the global agricultural adjuvants market was USD 4.60 billion in value in the year 2022. This market's compound annual growth rate is estimated to be 3.90 % in the period between 2022 and 2030.

The rising global demand for food and shrinking arable land has led to an upsurge in the use of agrochemicals to maximise crop production. The focus is on minimal wastage of the agrochemicals and more effectiveness. All these factors are the principal drivers for the growth of the agricultural adjuvants market. Increasing demands for organic crops and consequent use of environment-friendly agricultural adjuvants is also propelling the growth of this market. Furthermore, increasing usage of adjuvants in UAVs for aerial applications leads to more investments in this sector by global companies.

Environmental regulations in various countries regarding the usage of agricultural adjuvants is a major restraining factor. However, the increasing growth of green agricultural adjuvants is likely to offset this factor in the coming years. Rising prices of raw materials such as vegetable oils and petroleum used for manufacturing agricultural adjuvants also limit this market's growth.

Key Players

The key players in the global agricultural adjuvants market include Akzonobel N.V. (Netherlands), Adjuvant Plus Inc. (Canada), Clariant International Ltd (Switzerland), Croda International PLC (UK), Dow Corning Corp. (USA), Evonik Industries AG (Germany), Helena Chemical (USA), Huntsman Corp. (USA), Nufarm Ltd (Australia), and Solvay (Belgium). 

Market Classification

By type, the agricultural adjuvants market report is classified into activator adjuvant, utility adjuvant, and others. The activator segment held 70% of the market share in 2020 and is estimated to grow at the fastest rate in the forecast period. There are two subtypes of activator adjuvants, namely surfactants and oil carriers.

Agricultural adjuvants for herbicides held the largest share in 2020 and are estimated to grow rapidly in the forecast period. This is mainly due to the increasing use of herbicides by farmers to get rid of weeds. Based on the type of agrochemicals to which the adjuvants are added, the market is divided into herbicides, pesticides, insecticides, fungicides, and others.

The agricultural adjuvants market is divided into grains and cereals, fruits and vegetables, and oilseeds and pulses based on crops. Agriculture adjuvants for grains and cereals accounted for 38.9% of the revenue in 2020 and are estimated to hold the largest share in the forecast period. The fruits and vegetable segment is expected to grow fast in the forecast period because of the increasing demand for fresh fruits and vegetables.

Regional Segmentation

On the basis of regions, the agricultural adjuvants market trends are divided into North America, Europe, Asia Pacific, and others. North America holds the largest agricultural adjuvants market share, mainly due to the adoption of precision farming practises and the lack of agricultural labourers in the region.

The Asia Pacific is estimated to show high growth in the agricultural adjuvants market size during the forecast period, mainly due to increasing demand for better quality crops, vast arable lands, and a growing population.

Industry News

●            In January 2021, Attune Agriculture and Commodity Ag commenced selling an all-in-one agricultural adjuvant for row crops named Accomplice.

●            In January 2021, a US company named C&H Ag Products announced its new line of adjuvants named Full View.

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

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Market Research Future (part of Wantstats Research and Media Private Limited),

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