Agricultural Adjuvants Market to Generate Revenue Worth $3,778.9 Million by 2023

Published Date:   October 2018

The agricultural adjuvants market was valued at $2,777.6 million in 2017, and it is predicted to reach $3,778.9 million by 2023, at a CAGR of 5.3% during the forecast period (2018–2023). Herbicides held the largest value share in the market, during the historical period (2013–2017), among all applications.

The adjuvant demand for application in fungicides is expected to witness the fastest growth during the forecast period. The future market growth in this application area is attributed to adjuvants’ ability to create a barrier for fungal pathogens on host plants and result in a higher productivity of agricultural installations and facilities.

Growing Consumer Preference for Environment-Friendly Agricultural Adjuvants is Trending in the Market

Usually, adjuvants are produced using chemicals, such as sulfonates, alkoxylates, amines, organosilicons, and their derivatives. Several studies have been conducted in relation to these chemicals that suggest the non-environment-friendly nature and toxic profile of these chemicals and derivatives. In addition, a majority of these agrochemicals have been identified as phytotoxic, which is suggestive of their potential threat to the food chain. However, recent advancements in adjuvant development are aimed on the synthesis of non-toxic, biodegradable, and environment-friendly adjuvants.

Several major players in the market have begun the transition to environment-friendly adjuvants, as an opportunity, and have therefore diversified their product basket to include bio-based variants. For instance, in February 2018, Evonik Industries AG launched two new sustainable agricultural adjuvants, namely BREAK-THRU SP 131 and BREAK-THRU SP 133. Thus, the rising consumer inclination toward environment-friendly agricultural adjuvants is a key trend being witnessed in the agricultural adjuvants market.

Rising Population and Increasing Food Demand Driving the Market

Globally, the population is growing at a rapid rate. According to Population Division of the United Nations Department of Economic and Social Affairs (UN-DESA), the worldwide population is projected to increase by 2.2 billion during 2017–2050, which is expected to create an additional demand for food, horticulture, and cash crops, in the future. This is expected to increase the usage of agrochemicals for improving farms’ productivity, thereby contributing in the agricultural adjuvants market growth during the forecast period.

Segmentation Analysis of Global Agricultural Adjuvants Market

Agricultural Adjuvants Market

  • In 2017, activator adjuvants accounted for the larger revenue share, based on function, owing to their low rainfastness and surface tension and high spray retention and solubilization. Furthermore, a number of these products can double up as utility adjuvants, which further favors their adoption.
  • Alkoxylates accounted for the largest revenue share in the agricultural adjuvants market in 2017, on the basis of chemical group, as these products are vastly used due to their non-reactive and non-ionic nature and the fact that their crop application base is quite wide.
  • The tank-mix category, under the formulation segment, is predicted to witness faster growth during the forecast period (2018–2023), due to its properties which can improve the compatibility and performance of agrochemicals.
  • The fungicides category is expected to witness the fastest growth in the agricultural adjuvants market during the forecast period, by application. The growth of fungicide usage is due to their ability to protect the plants from fungal pathogens, by creating a barrier on the surface, thus leading to their higher productivity.
  • Cereals and grains generated almost half the revenue in the agricultural adjuvant market in 2017 and is expected to witness the fastest growth in the forecast period as well. This can be mainly driven to high-volume demand for food grains to sustain the rapidly growing population across the world.

Geographical Analysis of Agricultural Adjuvants Market

In 2017, when combined, North America and Europe accounted for over 50.0% revenue in the global agricultural adjuvants market. This is attributed to the presence of numerous local manufacturers, coupled with differentiated products and a wide end-user base, in the regions. Other regions, which include APAC and LATAM, also held reasonable shares, on account of the increasing population and corresponding food demand.

The APAC region is projected to witness the fastest revenue growth during the forecast period. In 2017, China was the largest market for agricultural adjuvants in the region, accounting for an over 30.0% value share. Regulatory and monetary support under state- and center-implemented policies in India and investments by the Chinese government are expected to help local farmers purchase agrochemical formulations and augment their crop yield.

Competitive Landscape for Agricultural Adjuvants Market

The agricultural adjuvants market is moderately consolidated in nature, and DowDuPont Inc., BASF SE, Akzo Nobel N.V., Solvay S.A., Clariant AG, and Croda International PLC are some of the major players manufacturing and commercializing such products.

In June 2017, Huntsman Corporation announced the appointment of Norman, Fox & Co. and Palmer Holland Inc. as exclusive distributors and representatives of its Performance Products division’s agrochemical portfolio, in their respective territories in the U.S, a move which is aiding the company in expanding its distribution network.

Browse report overview with 266 tables and 83 figures spread through 261 pages and detailed TOC on "Agricultural Adjuvants Market by Function (Activator Adjuvants, Utility Adjuvants), by Chemical Group (Alkoxylates, Sulfonates, Organosilicones), by Formulation (Built-In, Tank-Mix), by Application (Insecticides, Fungicides, Herbicides), by Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables), by Geography (U.S., Canada, Germany, France, Italy, U.K., Poland, China, India, Indonesia, Australia, Brazil, Mexico, South Africa) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013–2023" at:

In November 2016, Evonik Industries AG announced the launch of BREAK THRU DA 647 dispersant. A multifunctional additive for pesticide formulations, it is a non-ionic dispersant, well-suited for suspension concentrate (SC) formulations, but also useful in suspended emulsions (SE), flowable concentrates (FS), and water-dispersible-granule (WDG)- based formulations.

Some other key players in the agricultural adjuvants market are Evonik Industries AG, Huntsman Corporation, Brandt Consolidated Inc., Wilbur-Ellis Holdings Inc., Stepan Company, and Helena Agri-Enterprises LLC.