According to the recent study the agricultural adjuvant market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 4% to 6% from 2023 to 2028. Growth in this market is primarily driven by increasing demand for agrochemicals among crop producers and growing consumer preference for environment-friendly agricultural adjuvants.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in agricultural adjuvant market by function (activator adjuvant, oil adjuvant, surfactant, utility adjuvant, and others), application (herbicides, insecticides, fungicides, pesticides, and others), crop type (cereal & grains, oilseeds & pulses, fruits & vegetables, and others), formulation (suspension concentrate and emulsifiable concentrate), adoption stage (tank-mix and in-formulation), chemical group (alkoxylates, sulfonates, organosilicon, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
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“Cereal & grains market is expected to remain the largest segment during the forecast period.”
Based on crop type, the agricultural adjuvant market is segmented into cereal & grains, oilseeds & pulses, fruits & vegetables, and others. Lucintel forecasts that the cereal & grains market is expected to remain the largest segment due to the increasing consumption of cereal and grains in various regions and growing consumer preference for nutritious and healthy food.
“Within the agricultural adjuvant market, the herbicides segment is expected to remain the largest application”
Based on application the herbicides segment is expected to witness the highest growth over the forecast period due to the rising need for herbicidal chemicals to prevent weeds from causing crop failure, increasing agricultural production across the globe, and growing need for integrated pest management technologies.
“Asia pacific will dominate the agricultural adjuvant market in near future”
Asia Pacific will remain the largest region over the forecast period due to the increasing demand for improved varieties of crops, presence of countries with vast arable lands, and rising awareness of the benefits of adjuvants among the farmers in the region.
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Major players of agricultural adjuvant market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. BASF SE, Nutrien, Evonik Industries, Solvay, Nufarm Limited, Helena Agri-Enterprises, and Nouryon are among the major agricultural adjuvant providers. This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/agricultural-adjuvant-market.aspx or [email protected]