Agricultural Adjuvants Market by Function, Application, Formulation, Adoption Stage, Crop Type, and Region - Global Forecast 2027

Agricultural Adjuvants Market by Function, Application, Formulation, Adoption Stage, Crop Type, and Region - Global Forecast 2027

The agricultural adjuvants market is expected to observe noteworthy growth on account of increasing demand for high-quality crops. Adjuvants commonly act as an additive in pesticides that increase its effectiveness and smoothen its mixing application.

The demand for plant protection products in countries like Bangladesh, India, and Vietnam has surged considerably in recent years. Ever-increasing population across developing economies has forced farmers to produce large quantities of high-quality yields. Citing population growth, in 2016, population in APAC was reported to climb 4.5 billion from 4.3 billion in 2013.

These figures are further projected to touch 5.3 billion by the year 2024. With such trends, Global Market Insights, Inc., suggests that the agricultural adjuvants market size could surpass USD 3 billion by 2025.

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However, expanding population base could proliferate residential constructions which, in turn, might shrink the availability of agricultural land. A huge section of the farmer population is also unaware about the benefits of agriculture adjuvants, with most of them clueless about the product's functionalities and properties. This lack of information could severely impact agricultural adjuvants market trends as well as farm productivity. For instance, use of inadequate concentration of adjuvant can degrade the properties of pesticide, affecting crop health.

Based on chemicals group, the agricultural adjuvants market is segmented into sulfonates, alkoxylates, and organosilicone. Out of these, sulfonates are expected to record more than 25% revenue share of the overall agricultural adjuvants market. The product is mainly used in the development of anionic surfactants because of its low odor, negligible aquatic toxicity properties, and excellent wetting feature. Sulfonates are ideal for use with extremely acidic or alkaline water, as it helps to smoothen the herbicide's performance.

The herbicide application segment is anticipated to gross over 50% of the entire agricultural adjuvants market share in the forthcoming years. Adjuvants often help in overcoming the barriers on the leaf surface, allowing a smooth movement of herbicides into leaf cells. It enhances the herbicide wetting, spreading, canopy and leaf penetration, as well as increases adhesion. Apart from herbicides, agricultural adjuvants are also used with insecticides and fungicides.

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Considering regional share, Asia Pacific agricultural adjuvants market is considered to become a major revenue ground in the coming years. The region houses almost 60% of the world population. Climatic conditions in APAC are ideal for most types of crops like rice, wheat, and sugarcane. This could massively boost the adoption of agricultural adjuvants, aiding APAC market volume to exceed 170-kilo tons over the predicted timeframe.

Currently, Dow Dupont, Clariant, Evonik, BASF SE, Huntsman, among others are at the forefront of agricultural adjuvants market.

About Global Market Insights

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