Product Code: GVR-4-68039-903-5
Agricultural Adjuvants Market Growth & Trends:
The global agricultural adjuvants market size is expected to reach USD 5.25 billion by 2030, registering a CAGR of 4.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. Industry growth is majorly driven by the increasing demand for crop protection chemicals for improving the yield of crops due to shrinking arable land and growing population globally. The global demand for crop protection products is expected to drive market growth. For instance, according to the Economic Survey, the agricultural and other related industries in India were the most resilient to COVID-19, with a growth of around 3.6% in 2020-21 and 3.9% in 2021-22. In addition, in the U.S., the agricultural sector contributed around 5.0% of the country's total GDP due to the rising demand for food, according to the U.S. Department of Agriculture.
Moreover, due to the population explosion, farmers are required to produce more food grains in a short span of time. Also, the sizes of arable lands have shrunk due to the growing population and rapid urbanization & industrialization, further increasing the pressure on farmers to produce more on less available land. This is a huge concern for agriculture-based economies in the world, such as India, which is highly dependent on agriculture and related activities. Thus, farmers resort to using agricultural adjuvants and fertilizers to increase the yield in a short period. Furthermore, according to the FAO, agriculture will need to produce approx. 50% more food, biofuel, and livestock fodder by 2030 than that produced in 2012 to meet the global demand.
This has resulted in the growing demand for agrochemicals, which, in turn, will drive the demand for the product market. On the other hand, fluctuating prices of raw materials may hamper the industry growth to some extent. The majority of agrochemical raw materials are exported by China; however, due to the outbreak of the COVID-19 pandemic in 2019 in China, the supply of various raw materials including petroleum products and chemicals have been affected, resulting in fluctuations in the prices of these raw materials and ultimately the prices of agricultural adjuvants.
Agricultural Adjuvants Market Report Highlights:
- The global market growth is attributed to the increasing rate of crop loss due to pests & insects hampering the production yield
- The activator adjuvants product segment dominated the market with a revenue share of around 70.0% in 2023 since these activators are used in agrochemicals as they are less expensive and easier to obtain than utility adjuvants
- The herbicides application segment is anticipated to dominate the global market, with a revenue share of around 48% in 2023 as herbicides are used to suppress the growth of undesirable plants, such as weeds, which cause around 25% of crop loss worldwide annually. According to the FAO, over 2 million tons of herbicides were consumed globally in 2019. This is more than double the number of insecticides used in 201
- The petroleum-based source segment dominated the international market in 2023 and accounted for the highest overall revenue share due to the ability of these sources to slow down the drying rate of crop protection chemicals to improve their absorption into crops, thus making them more efficient
- The conventional crops segment dominated the market in 2023 and accounted for a maximum share of over 65.0% of overall revenue as they are majorly used with pesticides, herbicides, and fertilizers for improving yields of oilseeds & pulses, cereals & grains, and fruits & vegetables
- Asia Pacific emerged as a dominating region with a revenue share of over 37% in 2023 on account of the availability of low-cost labor and an abundance of raw materials
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Grades & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Agricultural Adjuvants Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Raw Materials Trend
- 3.2.2. Manufacturing Trends
- 3.2.3. Sales Channel Analysis
- 3.3. Regulatory/Policy Framework
- 3.4. Price Trend Analysis, 2018 - 2030 (USD/Kg)
- 3.4.1. Factors Influencing Prices
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Industry Challenges
- 3.5.4. Industry Opportunities
- 3.6. Industry Analysis Tools
- 3.6.1. Porter's Five Forces Analysis
- 3.6.2. Macro-environmental Analysis
Chapter 4. Agricultural Adjuvants Market: Supplier Portfolio Analysis
- 4.1. List of Raw Material Suppliers
- 4.2. Kraljic Matrix
- 4.3. Engagement Model
- 4.4. Negotiation Strategies
- 4.5. Sourcing Best Practices
Chapter 5. Agricultural Adjuvants Market: Product Estimates & Trend Analysis
- 5.1. Product Movement Analysis & Market Share, 2023 & 2030
- 5.2. Agricultural Adjuvants Market Estimates & Forecast, By Product, 2018 to 2030 (Tons) (USD Million)
- 5.3. Activator Adjuvants
- 5.3.1. Activator Adjuvants Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
- 5.4. Utility Adjuvants
- 5.4.1. Utility Adjuvants Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
Chapter 6. Agricultural Adjuvants Market: Application Estimates & Trend Analysis
- 6.1. Application Movement Analysis & Market Share, 2023 & 2030
- 6.2. Agricultural Adjuvants Market Estimates & Forecast, By Application, 2018 to 2030 (Tons) (USD Million)
- 6.3. Herbicides
- 6.3.1. Agricultural Adjuvants Market Estimates and Forecasts, in Herbicides, 2018 - 2030 (Tons) (USD Million)
- 6.4. Insecticides
- 6.4.1. Agricultural Adjuvants Market Estimates and Forecasts, in Insecticides, 2018 - 2030 (Tons) (USD Million)
- 6.5. Fungicides
- 6.5.1. Agricultural Adjuvants Market Estimates and Forecasts, in Fungicides, 2018 - 2030 (Tons) (USD Million)
- 6.6. Other Applications
- 6.6.1. Agricultural Adjuvants Market Estimates and Forecasts, in Other Applications, 2018 - 2030 (Tons) (USD Million)
Chapter 7. Agricultural Adjuvants Market: Source Estimates & Trend Analysis
- 7.1. Source Movement Analysis & Market Share, 2023 & 2030
- 7.2. Agricultural Adjuvants Market Estimates & Forecast, By Source, 2018 to 2030 (Tons) (USD Million)
- 7.3. Petroleum based
- 7.3.1. Petroleum based Agricultural Adjuvants Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
- 7.4. Bio-based
- 7.4.1. Bio-based Agricultural Adjuvants Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
Chapter 8. Agricultural Adjuvants Market: Formulation Estimates & Trend Analysis
- 8.1. Formulation Movement Analysis & Market Share, 2023 & 2030
- 8.2. Agricultural Adjuvants Market Estimates & Forecast, By Formulation, 2018 to 2030 (Tons) (USD Million)
- 8.3. Oil-based
- 8.3.1. Oil-based Agricultural Adjuvants Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
- 8.4. Other Formulations
- 8.4.1. Agricultural Adjuvants Market Estimates and Forecasts, by Other Formulations, 2018 - 2030 (Tons) (USD Million)
Chapter 9. Agricultural Adjuvants Market: Type By Crop Estimates & Trend Analysis
- 9.1. Type by Crop Movement Analysis & Market Share, 2023 & 2030
- 9.2. Agricultural Adjuvants Market Estimates & Forecast, By Type by crop, 2018 to 2030 (Tons) (USD Million)
- 9.3. Organic
- 9.3.1. Organic Agricultural Adjuvants Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
- 9.4. Conventional
- 9.4.1. Conventional Agricultural Adjuvants Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
Chapter 10. Agricultural Adjuvants Market: Regional Estimates & Trend Analysis
- 10.1. Regional Movement Analysis & Market Share, 2023 & 2030
- 10.2. North America
- 10.2.1. North America Agricultural Adjuvants Estimates & Forecast, 2018 - 2030 (Tons) (USD Million)
- 10.2.2. U.S.
- 10.2.2.1. Key country dynamics
- 10.2.2.2. U.S. Agricultural Adjuvants Market estimates & forecast, 2018 - 2030 (Tons) (USD Million)
- 10.2.3. Canada
- 10.2.3.1. Key country dynamics
- 10.2.3.2. Canada Agricultural Adjuvants Market estimates & forecast, 2018 - 2030 (Tons) (USD Million)
- 10.2.4. Mexico
- 10.2.4.1. Key country dynamics
- 10.2.4.2. Mexico Agricultural Adjuvants Market estimates & forecast, 2018 - 2030 (Tons) (USD Million)
- 10.3. Europe
- 10.3.1. Europe Agricultural Adjuvants Estimates & Forecast, 2018 - 2030 (Tons) (USD Million)
- 10.3.2. Germany
- 10.3.2.1. Key country dynamics
- 10.3.2.2. Germany Agricultural Adjuvants Market estimates & forecast, 2018 - 2030 (Tons) (USD Million)
- 10.3.3. UK
- 10.3.3.1. Key country dynamics
- 10.3.3.2. UK Agricultural Adjuvants Market estimates & forecast, 2018 - 2030 (Tons) (USD Million)
- 10.3.4. France
- 10.3.4.1. Key country dynamics
- 10.3.4.2. France Agricultural Adjuvants Market estimates & forecast, 2018 - 2030 (Tons) (USD Million)
- 10.3.5. Italy
- 10.3.5.1. Key country dynamics
- 10.3.5.2. Italy Agricultural Adjuvants Market estimates & forecast, 2018 - 2030 (Tons) (USD Million)
- 10.3.6. Spain
- 10.3.6.1. Key country dynamics
- 10.3.6.2. Spain Agricultural Adjuvants Market estimates & forecast, 2018 - 2030 (Tons) (USD Million)
- 10.4. Asia Pacific
- 10.4.1. Asia Pacific Agricultural Adjuvants Estimates & Forecast, 2018 - 2030 (Tons) (USD Million)
- 10.4.2. China
- 10.4.2.1. Key country dynamics
- 10.4.2.2. China Agricultural Adjuvants Market estimates & forecast, 2018 - 2030 (Tons) (USD Million)
- 10.4.3. India
- 10.4.3.1. Key country dynamics
- 10.4.3.2. India Agricultural Adjuvants Market estimates & forecast, 2018 - 2030 (Tons) (USD Million)
- 10.4.4. Japan
- 10.4.4.1. Key country dynamics
- 10.4.4.2. Japan Agricultural Adjuvants Market estimates & forecast, 2018 - 2030 (Tons) (USD Million)
- 10.4.5. South Korea
- 10.4.5.1. Key country dynamics
- 10.4.5.2. South Korea Agricultural Adjuvants Market estimates & forecast, 2018 - 2030 (Tons) (USD Million)
- 10.5. Central & South America
- 10.5.1. Central & South America Agricultural Adjuvants Market Estimates & Forecast, 2018 - 2030 (Tons) (USD Million)
- 10.5.2. Brazil
- 10.5.2.1. Key country dynamics
- 10.5.2.2. Brazil Agricultural Adjuvants Market estimates & forecast, 2018 - 2030 (Tons) (USD Million)
- 10.5.3. Argentina
- 10.5.3.1. Key country dynamics
- 10.5.3.2. Argentina Agricultural Adjuvants Market estimates & forecast, 2018 - 2030 (Tons) (USD Million)
- 10.6. Middle East & Africa
- 10.6.1. Middles East & Africa Agricultural Adjuvants Market Estimates & Forecast, 2018 - 2030 (Tons) (USD Million)
- 10.6.2. Saudi Arabia
- 10.6.2.1. Key country dynamics
- 10.6.2.2. Saudi Arabia Agricultural Adjuvants Market estimates & forecast, 2018 - 2030 (Tons) (USD Million)
- 10.6.3. South Africa
- 10.6.3.1. Key country dynamics
- 10.6.3.2. South Africa Agricultural Adjuvants Market estimates & forecast, 2018 - 2030 (Tons) (USD Million)
Chapter 11. Agricultural Adjuvants Market - Competitive Landscape
- 11.1. Recent Developments & Impact Analysis, By Key Market Participants
- 11.2. Company Categorization
- 11.3. Company Market Share/Position Analysis, 2023
- 11.4. Company Heat Map Analysis
- 11.5. Strategy Mapping
- 11.6. Company Profiles
- 11.6.1. Clariant AG
- 11.6.1.1. Participant's overview
- 11.6.1.2. Financial Performance
- 11.6.1.3. Product benchmarking
- 11.6.1.4. Recent developments
- 11.6.2. Solvay SA
- 11.6.3. The Dow Chemical Company
- 11.6.4. Evonik Industries AG
- 11.6.5. Ingevity
- 11.6.6. Nufarm Limited
- 11.6.7. Corteva Agriscience
- 11.6.8. Croda International PLC
- 11.6.9. BASF SE
- 11.6.10. Miller Chemical & Fertilizer, LLC
- 11.6.11. Helena Chemical Company
- 11.6.12. Winfield United
- 11.6.13. Wilbur-Ellis Holdings, Inc.
- 11.6.14. Stepan Company