PUBLISHER: DataM Intelligence | PRODUCT CODE: 1448038
PUBLISHER: DataM Intelligence | PRODUCT CODE: 1448038
Agriculture Activator Adjuvants Market - 2023-2030
Overview
Global Agriculture Activator Adjuvants Market reached US$ 2.44 billion in 2022 and is expected to reach US$ 3.94 billion by 2030, growing with a CAGR of 6.2% during the forecast period 2023-2030.
Farmers are highly adding these agricultural activator adjuvants in pesticides, herbicides, and others as they help enhance the biological activity, and effectiveness of these products and improve their performance, also help in improving the uptake of these products by crops. Hence, such factors can help drive the global agriculture activator adjuvants market.
Furthermore, as the demand for these products is increasing, manufacturers are launching innovative products. For instance, in February 2020, Ingevity launched a new bio-based adjuvant product line AltaHance, which is designed for use in crop protection products to enhance the effectiveness of the agrochemical. Hence, such products can help in boosting the market growth.
The tank-mix adoption stage segment holds the maximum share in global agriculture activator adjuvants market. Similarly, Asia- Pacific region has a dominance in world market, as the region has around 427million hectares of agricultural land, hence, it can help in increasing the global agriculture activator adjuvants market.
Dynamics
Rising Demand For Sustainable Crop Protection Products
The rising demand for sustainable crop protection products is significantly driving the global agriculture activator adjuvants market, farmers are highly adopting these as a part of pesticides as they help in enhancing the product efficiency and uptake into the crops, which helps in reducing the over usage of synthetic products, hence, such factors can help in increasing the market growth.
Furthermore, manufacturing companies are launching high-quality products to expand their market sizes. For instance, In January 2021, Precision Laboratories launched Activo, a unique activator adjuvant formulated with a green pigment to optimize pesticide performance and turfgrass appearance. Activo provides increased pesticide performance, making it ideal for large acreage use with fungicides and plant growth regulators.
Increase in Demand for High Agriculture Productivity
The Demand for agriculture production is increasing, for instance, according to the National Horticulture Board, during 2021-22, India produced 107.24 million metric tonnes of fruits and 204.84 million metric tonnes of vegetables, hence, such high agriculture productivity can help increase the demand for agriculture activator adjuvants.
Furthermore, as the demand for high-yield productivity is increasing, farmers are highly adopting these activator adjuvants can help improve the penetration of active ingredients, and also reduce the surface tension of spray solutions, and allow uniform coverage to the crops. This can help in increasing crop productivity, hence, it can help in increasing market growth.
Regulatory Compliance
Regulatory compliance significantly affects the growth of the global agricultural activator adjuvants market. Regulatory bodies often set stringent standards for the use of agrochemicals, including adjuvants, to ensure human safety, environmental protection, and efficacy, and also obtaining the approvals could be difficult, which can hamper the market.
Segment Analysis
The global agriculture activator adjuvants market is segmented based on adoption stage, type, formulation, distribution channel, crop type, application, and region.
Increase in Demand for Effective Plant Nutrition
The tank-mix adoption stage segment holds the maximum share of global agriculture activator adjuvants, as these activator adjuvants are specifically designed to improve the performance of agrochemicals. When they are tank-mixed with pesticides or herbicides, they can enhance the efficacy of these products by improving coverage, adhesion, and penetration into plant tissues. This leads to better pest or weed control.
Furthermore, manufacturing companies are focusing on developing these products, for instance, in May 2023, BASF launched its tank-mix adjuvant, Agnique HP 450, which increases the effectiveness of fungicides and increases production. Hence, such products can help in increasing the market growth for agriculture activator adjuvants.
Geographical Penetration
Presence of Vast Agricultural Land, and High Production Rates in Asia-Pacific
Asia-Pacific has been a dominant force in the global agriculture activator adjuvants market and its significant growth. As the presence of agricultural land, and the demand for agriculture productivity is high in this region, farmers are highly adopting these adjuvants as they enhance the effectiveness of pesticides, herbicides, and other agrochemicals. Hence, such factors can help in increasing the market growth in this region.
Furthermore, the presence of vast agricultural land in this region, for instance, according to the Department of Agriculture, Fisheries, and Forestry report of 2023, Australia has a presence of around 427 million hectares of agricultural land. Hence, such vast agricultural lands can help in increasing the adoption rate in this region.
Additionally, the region has high agriculture productivity rates, for instance, according to Agricultural & Processed Food Products Export Development Authority (APEDA) of India report, in India the production of major cereals like rice, maize, and Bajra stood at 102.36 million tons, 19.88 million tons and 9.23 million tons respectively. Hence, such high productivity can help in increasing the market growth.
Competitive Landscape
The major global players in the market include Evonik, Croda International Plc, Solvay, CHS Inc., Nufarm, Stepan Company, Helena Agri-Enterprises, LLC, Brandt Consolidated, Inc., Innvictis Crop Care, LLC, and Miller Chemical & Fertilizer, LLC.
COVID-19 Impact Analysis
The pandemic has brought a disruption in the supply chain of agriculture activator adjuvants, as many country governments have imposed lockdown restrictions which have affected many manufacturing companies financially, this has affected the production rate, which caused a decline in the availability of products in the market.
Russia-Ukraine War Impact Analysis
The war has shown a negative impact on the global agriculture activator adjuvants market, as the Russia is largest producer of fertilizers, According to data from the industry association Fertilizers Europe, Russia, and Belarus provide as much as 60% of the EU's fertilizer supply. Hence, war has shown a negative impact on the global market.
By Adoption stage
- In-Formulation
- Tank-Mix
By Type
- Surfactants
- Oil-based Adjuvants
- Others
By Formulation
- Suspension Concentrate
- Emulsifiable Concentrate
- Others
By Distribution Channel
- Hypermarkets/Supermarkets
- Specialty Stores
- Others
By Crop Type
- Cereals and Grains
- Oilseeds and Pulses
- Fruits and Vegetables
- Others
By Application
- Insecticides
- Fungicides
- Herbicides
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Rest of Europe
- South America
- Brazil
- Argentina
- Rest of South America
- Asia-Pacific
- China
- India
- Japan
- Australia
- Rest of Asia-Pacific
- Middle East and Africa
Key Developments
- In February 2023, Brazilian holding company Crop Care acquired a majority stake in Cromo Quimica. This acquisition strengthens our market share of high-performance adjuvants and enhancers.
- In April 2023, Nohyaku announced that their consolidated subsidiary Nichino Europe Co., Ltd. (NEU) acquired all outstanding shares of Interagro (UK) Limited, an UK-based manufacturer and distributor of adjuvants and biostimulants. Through this acquisition of shares, Nichino Group aims to expand our business portfolio beyond synthetic chemical pesticides to realize our vision of becoming a leading company in the life science field.
- In November 2022, J.M. Huber Corporation (Huber), a global, family-owned specialty engineered materials manufacturing company of adjuvants, and others had announced an acquisition of the Biolchim Group, a leading producer and distributor of a full range of specialty plant nutrition and biostimulants.
Why Purchase the Report?
- To visualize the global agriculture activator adjuvants market segmentation based on adoption stage, type, formulation, distribution channel, crop type, application, and region, as well as understand key commercial assets and players.
- Identify commercial opportunities by analyzing trends and co-development.
- Excel data sheet with numerous data points of agriculture activator adjuvants market-level with all segments.
- PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
- Product mapping available as Excel consisting of key products of all the major players.
The global agriculture activator adjuvants market report would provide approximately 86 tables, 83 figures, and 210 Pages.
Target Audience 2023
- Manufacturers/ Buyers
- Industry Investors/Investment Bankers
- Research Professionals
- Emerging Companies
Table of Contents
Table of Contents
1.Methodology and Scope
- 1.1.Research Methodology
- 1.2.Research Objective and Scope of the Report
2.Definition and Overview
3.Executive Summary
- 3.1.Snippet by Adoption stage
- 3.2.Snippet by Type
- 3.3.Snippet by Formulation
- 3.4.Snippet by Distribution Channel
- 3.5.Snippet by Crop Type
- 3.6.Snippet by Application
- 3.7.Snippet by Region
4.Dynamics
- 4.1.Impacting Factors
- 4.1.1.Drivers
- 4.1.1.1.Rising Demand For Sustainable Crop Protection Products
- 4.1.1.2. Increase in Demand for High Agriculture Productivity
- 4.1.2.Restraints
- 4.1.2.1. Regulatory Compliance
- 4.1.3.Opportunity
- 4.1.4.Impact Analysis
- 4.1.1.Drivers
5.Industry Analysis
- 5.1.Porter's Five Force Analysis
- 5.2.Supply Chain Analysis
- 5.3.Pricing Analysis
- 5.4.Regulatory Analysis
- 5.5.DMI Opinion
6.COVID-19 Analysis
- 6.1.Analysis of COVID-19
- 6.1.1.Scenario Before COVID
- 6.1.2.Scenario During COVID
- 6.1.3.Scenario Post COVID
- 6.2.Pricing Dynamics Amid COVID-19
- 6.3.Demand-Supply Spectrum
- 6.4.Government Initiatives Related to the Market During Pandemic
- 6.5.Manufacturers Strategic Initiatives
- 6.6.Conclusion
7.By Adoption stage
- 7.1.Introduction
- 7.1.1.Market Size Analysis and Y-o-Y Growth Analysis (%), By Adoption stage
- 7.1.2.Market Attractiveness Index, By Adoption stage
- 7.2.In-Formulation*
- 7.2.1.Introduction
- 7.2.2.Market Size Analysis and Y-o-Y Growth Analysis (%)
- 7.3.Tank-Mix
8.By Type
- 8.1.Introduction
- 8.1.1.Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 8.1.2.Market Attractiveness Index, By Type
- 8.2.Surfactants*
- 8.2.1.Introduction
- 8.2.2.Market Size Analysis and Y-o-Y Growth Analysis (%)
- 8.3.Oil-based Adjuvants
- 8.4.Others
9.By Formulation
- 9.1.Introduction
- 9.1.1.Market Size Analysis and Y-o-Y Growth Analysis (%), By Formulation
- 9.1.2.Market Attractiveness Index, By Formulation
- 9.2.Suspension Concentrate*
- 9.2.1.Introduction
- 9.2.2.Market Size Analysis and Y-o-Y Growth Analysis (%)
- 9.3.Emulsifiable Concentrate
- 9.4.Others
10.By Distribution Channel
- 10.1.Introduction
- 10.1.1.Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
- 10.1.2.Market Attractiveness Index, By Distribution Channel
- 10.2.Hypermarkets/Supermarkets*
- 10.2.1.Introduction
- 10.2.2.Market Size Analysis and Y-o-Y Growth Analysis (%)
- 10.3.Specialty Stores
- 10.4.Others
11.By Crop Type
- 11.1.Introduction
- 11.1.1.Market Size Analysis and Y-o-Y Growth Analysis (%), By Crop Type
- 11.1.2.Market Attractiveness Index, By Crop Type
- 11.2.Cereals and Grains*
- 11.2.1.Introduction
- 11.2.2.Market Size Analysis and Y-o-Y Growth Analysis (%)
- 11.3.Oilseeds and Pulses
- 11.4.Fruits and Vegetables
- 11.5.Others
12.By Application
- 12.1.Introduction
- 12.1.1.Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 12.1.2.Market Attractiveness Index, By Application
- 12.2.Insecticides*
- 12.2.1.Introduction
- 12.2.2.Market Size Analysis and Y-o-Y Growth Analysis (%)
- 12.3.Fungicides
- 12.4.Herbicides
- 12.5.Others
13.By Region
- 13.1.Introduction
- 13.1.1.Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
- 13.1.2.Market Attractiveness Index, By Region
- 13.2.North America
- 13.2.1.Introduction
- 13.2.2.Key Region-Specific Dynamics
- 13.2.3.Market Size Analysis and Y-o-Y Growth Analysis (%), By Adoption stage
- 13.2.4.Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 13.2.5.Market Size Analysis and Y-o-Y Growth Analysis (%), By Formulation
- 13.2.6.Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
- 13.2.7.Market Size Analysis and Y-o-Y Growth Analysis (%), By Crop Type
- 13.2.8.Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 13.2.9.Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 13.2.9.1.U.S.
- 13.2.9.2.Canada
- 13.2.9.3.Mexico
- 13.3.Europe
- 13.3.1.Introduction
- 13.3.2.Key Region-Specific Dynamics
- 13.3.3.Market Size Analysis and Y-o-Y Growth Analysis (%), By Adoption stage
- 13.3.4.Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 13.3.5.Market Size Analysis and Y-o-Y Growth Analysis (%), By Formulation
- 13.3.6.Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
- 13.3.7.Market Size Analysis and Y-o-Y Growth Analysis (%), By Crop Type
- 13.3.8.Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 13.3.9.Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 13.3.9.1.Germany
- 13.3.9.2.UK
- 13.3.9.3.France
- 13.3.9.4.Italy
- 13.3.9.5.Russia
- 13.3.9.6.Rest of Europe
- 13.4.South America
- 13.4.1.Introduction
- 13.4.2.Key Region-Specific Dynamics
- 13.4.3.Market Size Analysis and Y-o-Y Growth Analysis (%), By Adoption stage
- 13.4.4.Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 13.4.5.Market Size Analysis and Y-o-Y Growth Analysis (%), By Formulation
- 13.4.6.Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
- 13.4.7.Market Size Analysis and Y-o-Y Growth Analysis (%), By Crop Type
- 13.4.8.Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 13.4.9.Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 13.4.9.1.Brazil
- 13.4.9.2.Argentina
- 13.4.9.3.Rest of South America
- 13.5.Asia-Pacific
- 13.5.1.Introduction
- 13.5.2.Key Region-Specific Dynamics
- 13.5.3.Market Size Analysis and Y-o-Y Growth Analysis (%), By Adoption stage
- 13.5.4.Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 13.5.5.Market Size Analysis and Y-o-Y Growth Analysis (%), By Formulation
- 13.5.6.Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
- 13.5.7.Market Size Analysis and Y-o-Y Growth Analysis (%), By Crop Type
- 13.5.8.Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 13.5.9.Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 13.5.9.1.China
- 13.5.9.2.India
- 13.5.9.3.Japan
- 13.5.9.4.Australia
- 13.5.9.5.Rest of Asia-Pacific
- 13.6.Middle East and Africa
- 13.6.1.Introduction
- 13.6.2.Key Region-Specific Dynamics
- 13.6.3.Market Size Analysis and Y-o-Y Growth Analysis (%), By Adoption stage
- 13.6.4.Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 13.6.5.Market Size Analysis and Y-o-Y Growth Analysis (%), By Formulation
- 13.6.6.Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
- 13.6.7.Market Size Analysis and Y-o-Y Growth Analysis (%), By Crop Type
- 13.6.8.Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
14.Competitive Landscape
- 14.1.Competitive Scenario
- 14.2.Market Positioning/Share Analysis
- 14.3.Mergers and Acquisitions Analysis
15.Company Profiles
- 15.1.Evonik*
- 15.1.1.Company Overview
- 15.1.2.Product Portfolio and Description
- 15.1.3.Financial Overview
- 15.1.4.Key Developments
- 15.2.Croda International Plc
- 15.3.Solvay
- 15.4.CHS Inc.
- 15.5.Nufarm
- 15.6.Stepan Company
- 15.7.Helena Agri-Enterprises, LLC
- 15.8.Brandt Consolidated, Inc.
- 15.9.Innvictis Crop Care, LLC
- 15.10.Miller Chemical & Fertilizer, LLC.
LIST NOT EXHAUSTIVE
16.Appendix
- 16.1.About Us and Services
- 16.2.Contact Us
