The North America agriculture adjuvants market is anticipated to expand at a CAGR of 5.6% during the forecast period, 2021 – 2028. The growth of the market is attributed to increasing usage of agrochemicals in agriculture.
Adjuvants are added in formulations or tanks to facilitate the mixing and effectiveness of the herbicide. Adjuvants are mixed with agrochemicals to meet specific crop demands. These products improve the ability of solution to kill the targeted species without any harm to other plants. Adjuvants are classified on the basis of their action and specific function. The oil-based adjuvants can increase the penetration of oil-soluble agrochemical into plants and used in hot and dry conditions or when leaf cuticles are thick. Some of the ammonium fertilizers that are used as adjuvants are urea-ammonium nitrates (UAN), ammonium sulphates, ammonium nitrates, and ammonium polyphosphates.
Adjuvants are active materials that improve the efficiency of pesticide formulations or spray solutions. They are mixed in pesticide formulations as part or adjuvants, and are also separately sold in the market as tank mixes. Adjuvants play a vital role in increasing the biological efficacy of agrochemicals. These materials can be added with herbicides, fungicides, insecticides, and fertilizers.
The report on the North America agriculture adjuvants market research report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes | Details |
Report Title | Agriculture Adjuvants Market - North America Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year | 2020 |
Historic Data | 2018–2019 |
Forecast Period | 2021–2028 |
Segmentation | Types (Utility Adjuvants, Activator adjuvants [Surfactants, Oil Adjuvants]), Applications (Herbicide, Adjuvants, Insecticide Adjuvants, Fungicide Adjuvants and Others), Crop Types (Crop Based [Grains & Cereals, Fruits & Vegetables, Oil seeds, and others], Non Crop Based [Turf & Ornamental Grass and others]) |
Geographical Scope | United States, Mexico, Canada and Rest of North America |
Report Coverage | Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report | Momentive Inc, Stepan Company, Huntsman Corp, and Helena Corp |
Activator adjuvants segments to account a considerable market share
Based on types, the market is divided into utility adjuvants, activator adjuvants. The activator adjuvants segment is further segmented into surfactants and oil adjuvants. The activator adjuvants segment is anticipated to account for a considerable market share during the forecast period. Activator adjuvants are widely used as agricultural adjuvants owing to the high use of surfactants in pesticide formulations. Most herbicides are mixed with surfactants to improve their spraying characteristics. Its usage leads to the reduction in the surface tension of spray solution and increases the contact surface area.
Herbicide adjuvants segment to dominate the market share
On the basis of applications, the North America agriculture adjuvants market is segmented into herbicide adjuvants, insecticide adjuvants, fungicide adjuvants and others. The herbicide adjuvants segment is projected to dominate the market share in the agricultural adjuvants market during the forecast period. Increasing instances of early germination pest attacks and regulations against crop protection chemicals are driving the market growth.
Crop based segment to hold a major market share
In terms of crop types, the market is divided into crops based and non crops based. The crop based segment is further divided into crop based grains & cereals, fruits & vegetables, oil seeds, and others. The non crop based segment is segregated into turf & ornamental grass and others. The crop based segment is expected to hold a major market share during the forecast period. Non-ionic surfactants are used with agrochemicals for cereals & grains. Rising demand for crop protection chemicals is attributed to increase the demand for crop-based adjuvants.
The market in US to exhibit a high CAGR
Based on geographies, the North America adjuvants market is classified as United States, Mexico, Canada and rest of North America. The market in the US is anticipated to exhibit a high CAGR during the forecast period. Increasing number of government initiatives to boost the agriculture industry in the country is driving the market growth in the US.
Key players operating in the North America agriculture adjuvants Market includes Momentive Inc, Stepan Company, Huntsman Corp, and Helena Corp.
Key players operating in the North America agriculture adjuvants Market includes Momentive Inc, Stepan Company, Huntsman Corp, and Helena Corp.
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