Global Agricultural Adjuvant Market 2015-2019
About Agricultural Adjuvants
Agricultural Adjuvants are substances that enhance the properties of pesticides. Adjuvants do not control pests directly but are used to amplify the efficacy of pesticides. Adjuvants can be included in the formulation as in-can (in-built) components or can be added to spraying solutions (tank-mix).
Technavio's analysts forecast the global agricultural adjuvant market to grow at a CAGR of 5.75% over the period 2014-2019.
Covered in this Report
This report covers the present market conditions and the growth prospects of the global agricultural adjuvant market for the period 2015-2019. The report provides ranking of leading vendors based on the revenue generated from their agricultural adjuvant segment. It also highlights the vendor landscape and a corresponding detailed analysis of the top seven vendors in the global agricultural adjuvant market. The market is segmented based on the type of adjuvant (activator and utility), application (herbicide, fungicide, insecticide, and others), and geography (North America, EMEA, APAC, and Latin America).
In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market.
Technavio's report, Global Agricultural Adjuvant Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts.
Technavio Announces the Publication of its Research Report – Global Agricultural Adjuvant Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Agricultural Adjuvant Market: AkzoNobel, Clariant AG, Croda International plc, Helena Chemical Co., Solvay SA, TANATEX Chemicals, and Wilbur-Ellis.
Other Prominent Vendors in the market are: Adjuvant plus Inc., Brandt Consolidated, Dow Corning, and WinField Solutions.
Commenting on the report, an analyst from Technavio’s team said: “The advent of multifunctional adjuvants is a key trend observed in this market. Due to increasing concerns about the safety of personnel and the need for eco-friendly products, scientists are focusing on formulations of adjuvant molecules that are multifunctional and multi-component.”
According to the report, growth of the tank-mix market is a driver that augments growth in this market. In this market, adjuvants are used to further enhance the properties of pesticides which cannot be done efficiently with the in-built crop protection product due to space constraints in the adjuvant formula formulation.
Further, the report states that the uncontrolled reactivity of adjuvants is a major challenge faced by this market. A very large amount of adjuvant-based pesticide reaches non-target species because adjuvant-based pesticides are exposed to the entire agricultural field. Evaporation and run-off transport these chemicals into the environment.
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