Global Oil-based Agricultural Adjuvants Market, By Activator Adjuvants (Surfactants, Oil Adjuvants), Product (Activator, Utility), Chemical Group (Alkoxylates, Sulfonates, Organosilicone), Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables), Formulation (Tank-Mix, In-Formulation), Application (Herbicides, Insecticides, Fungicides), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Oil-based Agricultural Adjuvants Market
Oil-based agricultural adjuvants market is expected to grow at a CAGR of 5.10% in the forecast period 2021 to 2028. Growing market for genetically modified (GM) crops is the major factor driving the growth of oil-based agricultural adjuvants market in the forecast period of 2021-2028.
An agricultural adjuvant is defined as any substance which improves the efficiency of pesticides. They are a type of chemicals which helps in strengthening the response of chemicals agents and other pesticides. They are used to eliminate the pests themselves, and also help in building up of response and ability of the pesticides.
Rising demand for better yield crops is the vital factor escalating the market growth, also rising demand of sustainable crop protection products, increasing demand for agrochemicals, rising food demand and shrinking arable land, increasing adoption of precision farming methods, growing need to limit pesticide wastage, rising demand of the food due to increase in the population have resulted in the demand for more practising of agriculture, which in turn increases the demand for the product, rising awareness among farmers regarding agrochemicals along with advanced farming equipment are the major factors among others driving the growth of oil-based agricultural adjuvants market. Moreover, increasing manufacturing adjuvant products for cost-effectiveness, rising adjuvants for biological products and rise in the research and development on innovative adjuvant products will further create new opportunities for oil-based agricultural adjuvants market in the forecast period of 2021- 2028.
However, rising stringent regulations to manufacture adjuvants and increased lack of awareness about the product are the major factors among others acting as restraints, while increasing impact on the production cost of farmers, rising growth in human health and environmental concerns of petroleum oil-based adjuvants and increasing risks of food insecurity and reduced food production in many countries due to COVID-19 will further challenge the growth of oil-based agricultural adjuvants market in the forecast period mentioned above.
This oil-based agricultural adjuvants market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on oil-based agricultural adjuvants market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Oil-Based Agricultural Adjuvants Market Scope and Market Size
Oil-based agricultural adjuvants market is segmented on the basis of activator adjuvants, product, chemical group, crop type, formulation and application. The growth among various segments helps in the better analyzation of growth and strategies for better vision of market.
- Based on activator adjuvants, the oil-based agricultural adjuvants market has been segmented into surfactants and oil adjuvants.
- Based on product, the oil-based agricultural adjuvants market has been segmented into activator and utility.
- Based on chemical group, the oil-based agricultural adjuvants market has been segmented into alkoxylates, sulfonates and organosilicone.
- Based on crop type, the oil-based agricultural adjuvants market is segmented into cereals & grains, oilseeds & pulses and fruits & vegetables.
- Based on formulation, the oil-based agricultural adjuvants market is segmented into tank-mix and in-formulation.
- The oil-based agricultural adjuvants market is also segmented on the basis of application into herbicides, insecticides and fungicides.
Oil-Based Agricultural Adjuvants Market Country Level Analysis
Oil-based agricultural adjuvants market is analyses and market size, volume information is provided by country, activator adjuvants, product, chemical group, crop type, formulation and application as referenced above.
The countries covered in oil-based agricultural adjuvants market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA)
North America dominates the oil-based agricultural adjuvants market due to increasing consumption rate, rising popularity of precision farming and rising awareness regarding agricultural adjuvants among farmers in this region. Asia-Pacific is the expected region in terms of growth in oil-based agricultural adjuvants market due to rising agricultural output along with technological advancements in this region.
The country section of oil-based agricultural adjuvants market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Oil-Based Agricultural Adjuvants Market Share Analysis
Oil-based agricultural adjuvants market report competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related oil-based agricultural adjuvants market report.
The major players covered in the oil-based agricultural adjuvants market report are Dow, Solvay, Evonik Industries AG, Nufarm Limited, Croda International Plc, BASF SE, Akzo Nobel N.V., Huntsman International LLC, Helena Agri-Enterprises LLC, Wilbur-Ellis Holdings Inc., Stepan Company, Clariant, Lamberti S.p.A., WinField Solutions LLC., Tanatex Chemicals B.V., Momentive, Interagro Ltd., Monsanto Company, ORO AGRI, Syngenta, Elkem ASA, Brandt Consolidated Inc., Monument Chemical, and Loveland Products Inc., among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.