DUBLIN--(BUSINESS WIRE)--The "Agricultural Adjuvants Market by Type (Activator & Utility), Application (Herbicides, Fungicides, and Insecticides), Crop-Type (Cereals & Oilseeds and Fruits & Vegetables), & by Region - Global Trends & Forecast to 2021" report has been added to Research and Markets' offering.
The agricultural adjuvants market is projected to grow at a CAGR of 5.8% from 2015, to reach a projected value of USD 3.51 Billion by 2021
The market is driven by factors such as the increasing demand for agrochemicals due to the increase in pressure on global food production and changing farming practices & technologies.
The agricultural adjuvants market is segmented in two types activator and utility adjuvants. The market is estimated to be led by activator adjuvants in 2016. Surfactants are active materials that facilitate the functions of agrochemicals, and improve the efficiency of pesticide formulations or spray solutions. They dominate the activator adjuvants market, owing to their use on a large scale in regions where there is a decrease in arable land so as to increase the efficiency of crop protection chemicals and meet the increasing demand for agricultural products.
North America accounted for the largest market share in the agricultural adjuvants market in 2015, which was followed by Europe. Growth in these regions is due to high rate of adoption of new technologies, so as to increase the farm operations efficiency and minimize the cost of operations. The Asia-Pacific region is projected to be the fastest-growing market due to the commercialized cultivation of corn, soybean, coffee, and sugarcane crops.
Stringent government regulations on the usage of agrochemicals and adjuvant products pose as one of the major challenges for the agricultural adjuvants market. Growing environmental concerns and use of genetically modified seeds pose as restraints for the market.
The leading players that dominated the agricultural adjuvants market include The Dow Chemical Company (U.S.), Akzonobel N.V (The Netherlands), Evonik Industries (Germany), and Solvay S.A (Belgium).
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Agricultural Adjuvants Market, By Type
8 Agricultural Adjuvants Market, By Application
9 Agricultural Adjuvants Market, By Crop Type
10 Agricultural Adjuvants Market, By Region
11 Competitive Landscape
12 Company Profiles
- Akzo Nobel N.V.
- Brandt
- Croda International PLC
- Evonik Industries Ag
- Helena Chemical Company
- Huntsman International LLC.
- Nufarm Limited
- Solvay
- The DOW Chemical Company
- Wilbur-Ellis Holdings, Inc.
For more information about this report visit https://www.researchandmarkets.com/research/zk6s8h/agricultural
