Agricultural Adjuvants Market Growth by Emerging Trends, Analysis, & Forecast to 2026

Northbrook, USA, 2021-Apr-20 — /EPR Network/ —The global agricultural adjuvants market size is estimated to account for a value of USD 3.1 billion in 2020 and is projected to grow at a CAGR of 6.1% from 2020, to reach a value of USD 4.4 billion by 2026. The increasing need for green adjuvants, improving efficiency, and effectiveness of agrochemicals are some of the factors driving the growth of the market.

Driver: Increased demand for green adjuvant, with an increasing focus on health and consumption of organically produced food during the Coronavirus outbreak.

In recent years, companies have been developing eco-friendly bio-based adjuvants such as methylated seed oil (MSO), modified vegetable oils, and organo-modified siloxanes. These biologically derived adjuvants are considered environment-friendly due to their high level of safety and biodegradability. In the time of the COVID outbreak, the world population is showing a trend towards higher demand for organically produced foods. There is a lot of concern rising for hygienic, healthy, and nutritious food in the markets, with people concerned about health amid the virus outbreak. Thus the demand for green and organic adjuvants is seen to remain stable in the pandemic times to increase to organic farm produce.

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The surfactants segment by activator adjuvants is estimated to be the most widely used function of the agricultural adjuvants market.

Surfactants have been mixed traditionally with pesticides, especially herbicides, to enhance the droplet retention characteristics of pesticides. The market for agricultural surfactants accounted for the largest share of the global agricultural adjuvants market. Also, amongst the products offered by the key players, products offered as non-ionic surfactants are of much higher preference for its compatibility with a broader range of pesticides. Due to these factors, the market is projected to witness significant growth.

The herbicides segment is estimated to witness the fastest growth in the agricultural adjuvants market, in terms of value from 2020 to 2026

Herbicides are used to kill or control unwanted plants. They have largely replaced mechanical methods of weed control in countries where intensive and highly mechanized agriculture is practiced. Adjuvants are the substances which are either added in a herbicide formulation or to the spray tank that helps in modifying the herbicidal activity or application characteristics, such as spray retention and droplet drying, increasing droplet coverage, increasing herbicide cuticle penetration, better mixing & handling, as well as cellular accumulation which reduces the leaching of herbicide through the soil profile, etc. The benefits associated with herbicides are the major factors contributing to the fastest growth of this market, globally.

The cereals & grains segment, by crop type, is estimated to account for the largest market share, by value, in 2020

Cereals & grains accounted for the largest consumption of herbicides in North America and Asia Pacific, owing to the high cultivation of corn and wheat in countries such as the US and China. Adjuvants are added to the commercial formulae of herbicides to improve their efficacy by increasing the adhesion properties of herbicides to the leaf surface, as well as aiding transport across the waxy cuticle membrane and into the plant. Adjuvants used in herbicide treatment solutions for cereals & grains aim to improve spray droplet retention and penetration of active ingredients into the plant foliage. Thus, the cereals and grains segment is estimated to be the most popular crop type in the agricultural adjuvants market.

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Asia Pacific is projected to grow at the highest CAGR% during the forecast period

The market for agricultural adjuvants in the Asia Pacific region is projected to grow at the highest CAGR from 2020 to 2026, owing to the increasing investments by key players in countries such as China, India, and Thailand, and also the rising adoption of adjuvant technology by the crop growers for insecticide applications. Due to these factors, the market in the Asia Pacific region is projected to record the highest growth from 2020 to 2026.

This report includes a study on the marketing and development strategies, along with a study on the product portfolios of the leading companies operating in the agricultural adjuvants market. It includes the profiles of leading companies such as this market include Miller Chemical and Fertilizer, LLC (US), Precision Laboratories (US), CHS Inc (US), WinField United (US), Kalo Inc. (US), Nouryon (Netherlands), Corteva (US), Evonik Industries (Germany), Nufarm (Australia), Croda International (UK), Solvay (Belgium), BASF (Germany), Huntsman Corporation (US), Clariant (US), Helena Agri-Enterprises (US), Stepan Company (US), Wilbur-Ellis Company (US), Brandt (US), Plant Health Technologies (US), Innvictis Crop Care (US), Interagro (UK), Lamberti S.P.A (US), Drexel Chemical Company (US), GarrCo Products Inc. (US), and Loveland Products Inc. (US).