Agricultural adjuvants are substances used along with herbicide, fungicides, and insecticide to improve their performance. Adjuvants include surfactants, anti-foaming agents, compatibility agents, drift control agents, and spray colorants (dyes). The agricultural adjuvants market has been segmented on the basis of function, chemical group, type, formulation, application, crop type, and region.
On the basis of function, the agricultural adjuvants market has been segmented into activator adjuvants, and utility adjuvants. Activator adjuvants has further segmented into surfactants and oil-based adjuvants. On the basis of both value and volume, activator adjuvants held the largest share in the market owing to rising demand of the chemical for improving activity of pesticides used in fruits and vegetables.
On the basis of chemical group, the agricultural adjuvants market has been segmented into alkoxylates, sulfonates, organosilicones and others. Demand for adjuvants with organosilicones chemical group is expected to grow rapidly during the forecast period owing to its ability to fasten atomisation and impaction of insecticide while used in crops.
On the basis of type, the agricultural adjuvants market has been segmented into surfactants, anti-foaming agents, drift control agents, compatibility agents, and spray colorants. Among these, on the basis of value and volume, surfactants held the largest share in the market in 2017. Surfactants act as activator adjuvants for herbicide, fungicides or insecticide.
On the basis of formulation, the agricultural adjuvants market has been segmented into in-formulation and tank-mix. In-formulation offers benefits such as relative ease in mixing adjuvants with insecticides and low-cost mixing process. Owing to these benefits, demand for in-formulation of adjuvants is expected grow among price sensitive farmers in emerging economies during the forecast period.
On the basis of application, the agricultural adjuvants market has been segmented into herbicides, fungicides, and insecticides. Demand for adjuvants is significantly high for insecticides owing to factors such as compatibility between most of the adjuvants with insecticides, and enhancement in performance of adjuvants while used in insecticides.
On the basis of crop type, the agricultural adjuvants market has been segmented into cereals and grains, oilseeds and pulses, fruits and vegetables, and others. Cereals and grains are further segmented into corn, wheat, rice, and others. Oilseeds and pulses are further segmented into soybean and others.
Major factors driving the growth of the agricultural adjuvants market are growing demand for performance booster for herbicide, fungicides, and insecticide among users across the globe, and growing demand for improving agricultural yield to satisfy food demand of population. In order to feed the growing population, usage of pesticides (prevents crop wastage caused by insect attack) is also growing. On similar context, demand for crop adjuvants is also growing to improve efficiency of these pesticides.
Volatility in agricultural commodity market and lack of government supports to decrease production cost of crop adjuvants have negatively affected the growth of the agricultural adjuvants market globally.
Many of the crop adjuvants use harmful chemicals which take years to decompose as these chemicals are produced from non-renewable resources. Growing concern regarding negative environment impact of adjuvants has created the opportunity for the producers to develop crop adjuvants from natural and renewable resources. Such type of adjuvants can meet the growing demand for environment friendly pesticide performance enhancers of users. Therefore, crop adjuvants from natural and renewable resources has been identified as growth opportunity for the agricultural adjuvants market.
Insights by geography
On the basis of both value and volume, North America dominated in the market in 2017. Wide applications of synthetic agricultural chemicals by farmers and agricultural community has created applications opportunity for agricultural adjuvants in this region. In order to complement growing usage of herbicides, fungicides, and insecticides by farmers in U.S. and Canada, demand for crop adjuvants is growing at a stable rate.
Some of the major players operating in the global agricultural adjuvants market are DowDuPont Inc., Evonik Industries AG, BASF SE, Clariant, Croda International Plc, Huntsman Corporation, Helena Agri-Enterprises, LLC, Brandt Consolidated, Inc., Wilbur-Ellis Holdings, Inc., and Stepan Company.