The global agricultural adjuvants market was valued at USD 4.82 billion in 2023 and is anticipated to reach USD 5.11 billion in 2024 from USD 8.10 billion by 2032, growing at a CAGR of 5.93% from 2024 to 2032.
Agricultural adjuvants are utilized to boost the efficiency of pesticides such as Insecticides, Herbicides, Fungicides, and other agents that are used to control or remove undesirable pests. Agricultural adjuvants consist of ammonium fertilizers, surfactants, and oils. They play a vital role in increasing the efficiency of agrochemicals, thereby enhancing the productivity of the crop. With the scarcity of land and water, increased importance is being put on the approval of innovative technologies that can help improve crop harvest. As such, Agricultural Adjuvants are witnessing a sizable demand since farmers are resolute to attain nutritious and high-quality crop production.
The growth of the global agricultural adjuvants market is majorly driven by factors such as growing awareness among farmers regarding agricultural adjuvants, innovative production practices, innovative farming equipment, and increasing occurrences of pests and diseases. Another key factor driving the market is the globally rising population, which leads to the need for an increase in crop harvest.
However, safer substitutes such as bio-farming and organic pesticides, unstable economies, and numerous health hazards linked with these adjuvants are the key factors hindering the growth of the market.
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REPORT METRIC |
DETAILS |
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Market Size Available |
2023 to 2032 |
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Base Year |
2023 |
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Forecast Period |
2024 to 2032 |
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CAGR |
5.93% |
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Segments Covered |
By Application, Type, Crop Type, and Region |
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Various Analyses Covered |
Global, Regional and Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities |
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Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
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Market Leaders Profiled |
AkzoNobel N.V., Adjuvant Plus Inc., Clariant International Ltd., Solvay SA, Helena Chemical Company, and Tanatex Chemicals. |
North America has been leading the global Agricultural Adjuvants on account of the high usage rate and acceptance of precision farming. The European market is projected to grow at a slow rate, largely due to market maturity and regulatory restrictions. Growing demand for Adjuvants in countries such as China and Brazil are anticipated to offer huge growth prospects for the market in the Asia-Pacific and Latin America regions.
The major companies dominating the global agricultural adjuvants market are AkzoNobel N.V., Adjuvant Plus Inc., Clariant International Ltd., Solvay SA, Helena Chemical Company, and Tanatex Chemicals.
By Type
By Crop Type
By Application
By Region
Frequently Asked Questions
The global agricultural adjuvants market was valued at USD 4.82 Bn in 2023 and is estimated to grow at a CAGR of 5.93% to reach USD 6.43 Bn by 2028.
The agricultural adjuvant market is growing at a CAGR of 5.93% by the end of 2028.
The major companies dominating the global Agricultural Adjuvants market are AkzoNobel N.V., Adjuvant Plus Inc., Clariant International Ltd., Solvay SA, Helena Chemical Company, and Tanatex Chemicals.
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