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Published Date: 2016-12-19Number of Pages: 175

Agricultural Adjuvants Market (Product Types - Activators (Surfactants, Oil Adjuvants, and Ammonium Fertilizers) and Utility (Wetting Agents & Spreaders, Buffering Agents, Drift Control & Foaming Agents, and Defoaming and Antifoaming Agents); Applications - Herbicides, Insecticides, and Fungicides) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

Global Agricultural Adjuvants Market: Snapshot

The global agricultural adjuvants market is currently being driven by the growing need for better methods and chemicals for protecting crops. This need is largely borne out of a shrinking average available farmland coupled with a growing consumption of foods. The global agricultural adjuvants market is, however, currently being restrained by the growing use of genetically modified seeds that are generally more efficient in terms of yield and protection from pests. This current market for agricultural adjuvants is also being restrained by the volatility in product prices as this can deter long-term usage and the formation of partnerships between distributors and customers.

The global agricultural adjuvants market was calculated at US$2.36 bn at the end of 2015 and it is expected that the market will reach US$4.16 bn at the end of 2024, after expanding at an optimistic CAGR of 6.6% within a forecast period from 2016 to 2024. The total volume of the global agricultural adjuvants market in 2015 was 757,570 kilo tons.

agricultural adjuvants market

Pest Control Leads Global Agricultural Adjuvants Market by Application

The diverse area of applications for the global agricultural adjuvants market include fungicides, herbicides, insecticides, along with a number of minority utilities in crop protection, such as disinfectants, desiccants, defoliants, plant regulators, biocides, fertilizers, bio-stimulants, and micronutrients. Of these, crop control and pest control in the form of fungicides, herbicides, and insecticides led the global agricultural adjuvants market in terms of application-based demand. In 2015, herbicides held the leading application segment in global agricultural adjuvants market in terms of demand and revenue generation. In fact, the demand for herbicides constituted to over 45% of the global agricultural adjuvants market and is also expected to expand at a leading CAGR between 2016 and 2024.

North America Agricultural Adjuvants Market to Remain Dominant among Key Regions

The global agricultural adjuvants market can be segmented according to geography into the key regions of North America, Asia Pacific, Europe, Latin America and the Middle East and Africa. The market had so far seen optimistic levels of success in North America and Latin America, followed by Asia Pacific. The demand for agricultural adjuvants had consistently been very high in North America, allowing a lot of key global players to set base here for consolidated runs, particularly in the U.S. The advanced technologies used in the agriculture industry within the U.S. and even Canada make it easier for the agricultural adjuvants players to establish themselves in these regions. Both regions have, however, begun implementing extremely strict regulations regarding environment protection and dumping of waste in the case of agrochemicals. This could be a potential restraint on the global agricultural adjuvants market over the coming years, for players relying heavily on conventional chemicals that are now deemed harmful to the environment.

The agricultural adjuvants market in Europe is dependent on the key cash crops of the region, such as sugarcane and oilseeds. The European agricultural adjuvants market is largely driven by the demand for certain crops for their use in multiple industrial purposes, feedstock, and raw materials fuels. The growth rate of this region’s market is, however, very slow due to maturation of demand. On the other hand, the agricultural adjuvants market in Asia Pacific is continuing to show bright opportunities for the future.

The leading companies currently operating in the global agricultural adjuvants market include Akzo Nobel N.V., Croda International Plc., Solvay S.A., Clariant, Momentive Performance Materials Inc., Brandt Consolidated, Inc., Dow Corning Corporation, Loveland Products, Inc. 

Global Agricultural Adjuvants Market: Overview

This report analyzes and forecasts the market for Agricultural adjuvants at the global and regional level. The market has been forecast based on volume (tons) and revenue (US$ Mn) from 2016 to 2024. The study includes drivers and restraints of the global Agricultural adjuvants market. It also covers the impact of these drivers and restraints on demand for Agricultural adjuvants during the forecast period. The report also highlights opportunities in the Agricultural adjuvants market at the global and regional level.

The report comprises a detailed value chain analysis, which provides a comprehensive view of the global agricultural adjuvants market. Porter’s Five Forces model for the agricultural adjuvants market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein end-users are benchmarked based on their market size, growth rate, and general attractiveness.

The study provides a decisive view of the global agricultural adjuvants market by segmenting it in terms of type, and application. These segments have been analyzed based on present and future trends. Regional segmentation includes the current and forecast demand for agricultural adjuvants in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers demand for individual end-user segments in all the regions.

The study includes profiles of major companies operating in the global agricultural adjuvants market. Key players operating in the agricultural adjuvants market include The Dow Chemical Company, Royal Dutch Shell Plc, Kumho P&B, Lee Chang Yung Chemical, Celanese Corporation, Eastman Chemical Company, Mitsubishi Chemical Holdings Corporation, Mitsui Chemicals, Inc., and Others. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, recent developments, and SWOT analysis.

Global Agricultural Adjuvants Market: Research Methodologies

The report provides the estimated market size of Agricultural adjuvants for 2015 and forecast for the next nine years. The global market size of agricultural adjuvants has been provided in terms of volume and revenue. Market numbers have been estimated based on key application, and end-user segments of agricultural adjuvants. Market size and forecast for each major application, and type have been provided in terms of global and regional markets.

In order to compile the research report, we conducted in-depth interviews and discussions with a number of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.

Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings, internal and external proprietary databases, and relevant patent and regulatory databases, national government documents, statistical databases, and market reports, news articles, press releases, and webcasts specific to companies operating in the market, ISAA, United State Environmental Protection Agency (EPA), Agro news magazine, Chemical World Magazine.

Global Agricultural Adjuvants Market: Competitive Outlook

Company Annual Reports. Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews for each market, category, segment, and sub-segment across geographies. We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate the data and analysis. Primary interviews provide firsthand information on market size, market trends, growth trends, competitive landscape, and outlook, etc. These help validate and strengthen secondary research findings. These also help develop the analysis team’s expertise and market understanding.

The report segments the global Agricultural adjuvants market as:

Agricultural Adjuvants Market: Product Type Analysis

  • Activators
    • Surfactants 
      • Non-ionic
      • Ionic
      • Others
    • Oil Adjuvants 
      • Petroleum Oil
      • Vegetable Oil
    • Ammonium fertilizers 
  • Utility
    • Wetting Agents & Spreaders
    • Buffering Agents
    • Drift Control & Foaming Agents
    • Defoaming & antifoaming Agents
    • Others

Agricultural Adjuvants Market: Application Analysis

  • Herbicides
  • Insecticides
  • Fungicides
  • Others

Agricultural Adjuvants Market: Regional Analysis

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • GCC
    • Egypt
    • South Africa
    • Rest of MEA


 
 
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