Agriculture Adjuvants Market

[336 Pages Report] The global agriculture adjuvants market is projected to grow from USD 3.8 billion in 2023 to USD 4.8 billion by 2028 growing at a CAGR of 4.7% during the forecast period. Adjuvants improve crop protection chemicals’ solubility, stability, and spreadability. The potential for developing and enhancing agriculture adjuvants is rising because of the increasing demand for sustainable agriculture. Adjuvants help increase the efficacy of a pesticide spray, which reduces the amount of pesticide needed. Thus, it helps farmers reduce the amount of crop protection chemicals they use, ensuring the sustainability of farming.

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Agriculture AdjuvantsMarket Dynamics

Driver: Increase in the use of natural & sustainable adjuvants

There has been growing awareness of the environmental and health risks associated with chemically derived adjuvants. As a result, government authorities and adjuvant manufacturers have shifted their focus to renewable and sustainable products. Companies are taking steps to fulfill the customer’s need for natural adjuvants. For instance, in March 2020, Stepan Company completed the acquisition of Logos Technologies LLC’s NatSurFact business. NatSurFact is a rhamnolipid-based line of bio-surfactants derived from renewable sources.

Restraint: Stringent regulatory guidelines for manufacturers

Agriculture adjuvants are regulated by the Environmental Protection Agency (EPA) under the Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA). FIFRA requires all adjuvants to be registered with the EPA before being sold or used in the US to ensure they are safe for human health and the environment. EPA has set tolerances for all agriculture adjuvants used in conjunction with pesticides registered for food use. Europen Union’s REACH (Registration, Evaluation, Authorisation and Restriction of Chemicals) that authorizes organic adjuvant products in EU is another regulatory body.

Opportunity: Precision farming techniques to boost the application of adjuvants

Precision farming techniques, such as aerial spraying, smart irrigation, and variable rate application, are gaining popularity worldwide. Agriculture adjuvants optimize the performance of these techniques by ensuring better coverage, absorption, and penetration of agrochemicals, thereby creating opportunities for adjuvant manufacturers.

Challenge:  Increase in the cost of Agricultural plantation

Adjuvants increase the cost of agricultural production. Even though the use of adjuvants shortens pesticide application cycles, the expense of adjuvants significantly impacts agricultural production costs. The higher expense of adjuvants reduces farmers’ profit margins, hampering market growth.

Agriculture Adjuvants Market Ecosystem

Prominent companies in this market include well-established, financially stable manufacturers of agriculture adjuvants. These companies have been operating in the market for several years and possess a diversified product portfolio, state-of-the-art technologies, and strong global sales and marketing networks.

• The key players in the agriculture adjuvants market include Corteva Agriscience (US), Evonik Industries AG (Germany), Croda International Plc (UK), Nufarm Limited (Australia), Solvay SA (Belgium), BASF SE (Germany), Huntsman International LLC. (US), Clariant AG (Switzerland), Helena Agri-Enterprises, LLC (US), and CHS Inc. (US)

Based on function, the utility adjuvants segment is growing at a high growth rate.

Utility adjuvants, also known as spray modifiers, change the physical or chemical properties of spray mixes to improve their application qualities and capacity to remain on the plant surface. These are also known as special-purpose adjuvants. To increase the application of the formulation to the target plant, utility adjuvants are added to agrochemicals.

Based on application, the herbicides segment accounted for the largest share of the agriculture adjuvants market.

Herbicides are widely used in agriculture for weed control. Weeds compete with crops for resources such as nutrients, sunlight, and water, leading to reduced crop yields. The rise of herbicide-resistant weeds is a significant concern in agriculture. Herbicide-resistant weed populations have been increasing globally, making weed control more challenging. To manage these challenges, agricultural adjuvants are increasingly being used.

Based on crop type, cereal & grain accounted for the fastest market share of the agriculture adjuvants market.

Cereal and grain crops, such as wheat, corn, rice, barley, and oats, are staple food crops cultivated extensively worldwide. Cereal and grain crops have high commercial value due to their widespread consumption as food, animal feed, and raw materials for various industries. The large-scale cultivation of these crops leads to significant demand for crop protection products, including adjuvants, to ensure optimal yield and quality.

North America: Agriculture Adjuvants Market Snapshot

The North American market is projected to contribute the largest share of the agricultural adjuvants market.

The demand for agriculture adjuvants in North America is experiencing notable growth due to the increasing use of precision farming in the region. This creates a favorable business environment for adjuvants manufacturers and consumers in the region. North America has the presence of major agricultural adjuvants companies, that offer a wide range of products catering to different crop types and application requirements.

Key Market Players

The key players in the agriculture adjuvants market include Corteva Agriscience (US), Evonik Industries AG (Germany), Croda International Plc (UK), Nufarm Limited (Australia), Solvay SA (Belgium), BASF SE (Germany), Huntsman International LLC. (US), Clariant AG (Switzerland), Helena Agri-Enterprises, LLC (US), and CHS Inc. (US)

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Scope of the Report

This research report categorizes the agricultural adjuvants market based on formulation, adoption stage, function, crop type, application, and region.

By Formulation

• Suspension Concentrates
• Emulsifiable Concentrates

By Adoption Stage

• In-Formulation
• Tank Mix

By Function

• Activator Adjuvants
  • Surfactants
  • Oil-Based Adjuvants
• Utility Adjuvants
  • Compatibility Agents
  • Buffers/ Acidifiers
  • Antifoaming Agents
  • Water Conditioners
  • Drift Control Agents
  • Other Utility Agents

By Crop Type

• Cereals & Grains
  • Corn
  • Wheat
  • Rice
  • Other Cereal & Grains
• Oilseeds & Pulses
  • Soybean
  • Sunflower
  • Other Oilseeds & Pulses
• Fruits & Vegetables
• Other Crop Types

By Application

• Herbicides
• Insecticides
• Fungicides
• Other Applications

By Region:

• North America
• Europe
• Asia Pacific
• South America
• Rest of the World (RoW)

Target Audience

• Agriculture producers, suppliers, distributors, importers, and exporters
• Related government authorities, commercial research & development (R&D) institutions, FDA, EPA, USDA, DPR, PMRA, REACH, government agencies & NGOs, and other regulatory bodies
• Framers
• Commercial research & development (R&D) institutions and financial institutions
• Government and research organizations

Recent Developments

• In April 2022, Lamberti SPA acquired UK-based Turftech International, a company developing and selling special surfactants for applications in horticulture and turf. The acquisition helps Lamberti to expand and diversify its product portfolio and market share in the region.
• In June 2021, Evonik and Tropfen commercialized BREAK-THRU® and launched BREAK-THRU® MSO MAX adjuvants in Argentina. The successful partnership between Evonik and the Argentina-based company Tropfen aims to connect and enable growers’ needs in South America.
• In April 2021, Nufarm Group partnered with Attune Agriculture to distribute Ampersand adjuvant in Mexico.

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