Global Adjuvants Market - Segmented by Product Group, Application Type, and Geography - Growth, Trends, and Forecast (2022 - 2030)
Agricultural adjuvants help towards increasing the efficiency of agrochemicals, which are crucial towards improving the agricultural productivity and controlling pest attacks. On the basis of product, adjuvants are divided into two segments: activator adjuvants and utility adjuvants. The activator adjuvants are expected to witness a 5.8% growth in value, mainly due to the introduction of new products and the increasing acceptance of adjuvants among farmers.
Shrinking Farmland Drives the Demand for Adjuvants
Globally, the available arable land is declining due to adverse agro-climatic conditions. For instance, in India the agricultural land has been decreasing at a rate of 30,000 ha per year. As the cultivated land decreases in area, farmers have adapted to new technology as well as applications and have increased investment in agricultural materials in order to obtain a higher yield. The application of adjuvants helps in the better application of agrochemicals to its purpose, facilitating the higher demand and adoption of agricultural adjuvants.
Increased Organic Farming Will Restrict the Market
The area of land dedicated to organic farming, globally, has been growing at a steady rate. The organic farming area in Europe increased by 30%, from 2010 to 2016, and reached a total of approximately 12 million hectares in 2016 at an annual rate of 4.4%. The largest increase was observed in Bulgaria, Croatia, France, and Cyprus. A report from international federation of organic agriculture movements suggests that the area of organic agricultural land in Asia is approximately 4 million hectares. Approximately 8% of the global organic land area is in Asia. In comparison to 2001, the organic land in Asia was observed to have increased by approximately eight-fold in 2015. The significant increase of 11% in the organic land area was observed during 2014 – 2015.
South America is one of the Fastest Growing Segment
South America holds 16.5% of the global adjuvant market, where Brazil accounts for the largest market share. The regulatory authority in Brazil has recently announced that registering of adjuvants is not necessary and this is expected to drive the Brazilian adjuvant market. The South American adjuvant market value was estimated at USD 401 million in 2016, serving the farmers mainly through activator adjuvants.
Major Players: DOW CORNING CORPORATION, EVONIK INDUSTRIES AG, CRODA INTERNATIONAL, AND HUNTSMAN CORPORATION, among others.
Reasons to Purchase this Report
• Identify the dominating and the fastest growing regions in the global adjuvants market, and their growth trends in the forecast period
• Analyzing various perspectives of the market with the help of Porter’s five forces analysis
• To understand the regions that are expected to witness fastest growth during the forecast period
• Identify the latest developments, market shares, and strategies employed by the major market players
• 3-month analyst support, along with the Market Estimate sheet (in Excel).
Customization of the Report
• This report can be customized to meet your requirements. Please connect with our representative, who will ensure you to get a report that suits your needs.
Shrinking Farmland Drives the Demand for Adjuvants
Globally, the available arable land is declining due to adverse agro-climatic conditions. For instance, in India the agricultural land has been decreasing at a rate of 30,000 ha per year. As the cultivated land decreases in area, farmers have adapted to new technology as well as applications and have increased investment in agricultural materials in order to obtain a higher yield. The application of adjuvants helps in the better application of agrochemicals to its purpose, facilitating the higher demand and adoption of agricultural adjuvants.
Increased Organic Farming Will Restrict the Market
The area of land dedicated to organic farming, globally, has been growing at a steady rate. The organic farming area in Europe increased by 30%, from 2010 to 2016, and reached a total of approximately 12 million hectares in 2016 at an annual rate of 4.4%. The largest increase was observed in Bulgaria, Croatia, France, and Cyprus. A report from international federation of organic agriculture movements suggests that the area of organic agricultural land in Asia is approximately 4 million hectares. Approximately 8% of the global organic land area is in Asia. In comparison to 2001, the organic land in Asia was observed to have increased by approximately eight-fold in 2015. The significant increase of 11% in the organic land area was observed during 2014 – 2015.
South America is one of the Fastest Growing Segment
South America holds 16.5% of the global adjuvant market, where Brazil accounts for the largest market share. The regulatory authority in Brazil has recently announced that registering of adjuvants is not necessary and this is expected to drive the Brazilian adjuvant market. The South American adjuvant market value was estimated at USD 401 million in 2016, serving the farmers mainly through activator adjuvants.
Major Players: DOW CORNING CORPORATION, EVONIK INDUSTRIES AG, CRODA INTERNATIONAL, AND HUNTSMAN CORPORATION, among others.
Reasons to Purchase this Report
• Identify the dominating and the fastest growing regions in the global adjuvants market, and their growth trends in the forecast period
• Analyzing various perspectives of the market with the help of Porter’s five forces analysis
• To understand the regions that are expected to witness fastest growth during the forecast period
• Identify the latest developments, market shares, and strategies employed by the major market players
• 3-month analyst support, along with the Market Estimate sheet (in Excel).
Customization of the Report
• This report can be customized to meet your requirements. Please connect with our representative, who will ensure you to get a report that suits your needs.
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