Skip to main content

Agricultural Adjuvants Market: High Hopes for Greater Crop Yield Opens Doors for Advanced Agricultural Adjuvants, TMR

The extremely consolidated nature of the global agricultural adjuvants market allows very little space for new entrants. In 2015, the top three players in the market – Akzo Nobel N.V., Solvay, and Clariant – collectively held a share of 51.1%. All key players hold an especially high control over supplies of agricultural adjuvants in developed economies.

According to a research report released by Transparency Market Research, the global agricultural adjuvants market holds a high level of competition for existing players due to the presence of advanced mechanisms that a lot of current players can make use of to scale up their production rates. On the other hand, the production rate of the market is extremely dependent on the availability of raw materials over any other factor, which is closely regulated by government agencies.
This makes is difficult for new entrants to make their mark on the global agricultural adjuvants market. The global agricultural adjuvants market was calculated at US$2.36 bn at the end of 2015 and it is expected that the market will reach US$4.16 bn at the end of 2024. This revenue is expected to expand at a CAGR of 6.6% within a forecast period from 2016 to 2024. By the end of 2015, the overall volume of the global agricultural adjuvants market had reached 757,570 kilo tons. 
Products Pushed to Shine as Farmers Try to Grow Better Crops in Lesser Land
“The global agriculture industry is in a state of many quandaries. For one, the total area of farmable land that each country uses is reducing by at a regular rate. The smaller areas of land are caused due to growing industrialization and expansion of urban areas, which is a direct result of the increasing global population. To feed this increasing population, the agriculture system needs to overreach its current capacities to successfully provide enough food for the masses. As a result, farmers are expected to significantly improve their crop yield. This is the current leading factor augmenting the demand for agricultural adjuvants around the world,” states a TMR analyst.
The global agricultural adjuvants market is also being driven by the growing use of advanced techniques in precision farming. The use of modern technology to increase the precision with which farmers can obtain a high yield of crops is allowing for a better and more stable increase in the demand for agricultural adjuvants.
Evolving GM Concepts a Direct Threat to Global Agricultural Adjuvants Market
One of the leading factors hindering the growth in demand for agricultural adjuvants is the growing use of genetic modification in the field of agriculture. GM seeds especially are engineered to imbibe the qualities that are required to produce excellent crops that score well in yield quality and are also biologically resistant to the current types of pests and plant diseases. Over the coming years, research and development on GM seeds is expected to skyrocket, creating a drop in the overall demand growth of agricultural adjuvants.
“Currently, the global agricultural adjuvants market continues to be supported by the investments made by both government and private players. The number of investors as well as the total volume of investments is expected to continue increasing in the immediate future, providing key opportunities for existing players in the global agricultural adjuvants market,” adds the analyst.
Key segments of the Global Agricultural Adjuvants Market
Agricultural Adjuvants Market: Product Type Analysis
  • Activators
    • Surfactants 
      • Non-ionic
      • Ionic
      • Others
    • Oil Adjuvants 
      • Petroleum Oil
      • Vegetable Oil
    • Ammonium fertilizers 
  • Utility
    • Wetting Agents & Spreaders
    • Buffering Agents
    • Drift Control & Foaming Agents
    • Defoaming & antifoaming Agents
    • Others
Agricultural Adjuvants Market: Application Analysis
  • Herbicides
  • Insecticides
  • Fungicides
  • Others

The information presented in this review is based on a Transparency Market Research report, titled, “Report Title: Agricultural Adjuvants Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.”
Labels:
Location: Albany, NY 12207, USA

Comments

Post a Comment

Popular posts from this blog

Superabrasives (Turning, Cutting, Buffing, Drilling, Boring, Grinding) Market Research Report 2025

An abrasive is a material which molds or provides finishing to a work piece through a process which includes buffing, grinding, cutting, as well as polishing. Abrasion typically depends on the difference in the hardness of the material and the abrasive (with the latter being the harder of the two). Unlike regular abrasion where any two solid materials that repeatedly rub against each other tend to wear away, superabrasives possess the kind of hardness that enables them to stay usable for a longer period of time. On the basis of hardness, the top two superabrasives include diamond and cubic boron nitride (CBN). Industrial diamonds used as superabrasives are exceptionally hard materials. However, they display several technological limitations. For instance, when a diamond comes in contact with a ferrous alloy such as steel or a nickel superalloy, the resulting formation of carbide leads to its abrasion. Also, a diamond-containing tool can only be used at moderate temperatures a...
Post a Comment
Read more

Industrial Lubricants Market: Strong Demand Across Automotive Industry, Trends To 2025

Lubricants refer to the organic or inorganic material primarily being use to decrease friction between two surfaces in contact. Lubricants play a key role in several industries as well as in commercial and residential sectors. One of their most common uses is in the lubrication of bearings and gears, allowing for their easy movement at high speeds, without loss in energy, prevent excessive generation of heat, or most importantly, prevent damage that would be caused otherwise. Industrial lubricants are, therefore, essential in enhancing the overall efficiency of a machine that contains moving parts in contact with one another. The global industrial lubricants market is currently expanding at a solid growth rate, driven by several factors and spearheaded by the likes of BP, Total, Chevron Corporation, ExxonMobil, and Shell. Browse Market Research Report @  http://www.transparencymarketresearch.com/industrial-lubricants-market.html What Impact has the Oil and Gas Industry ...
Post a Comment
Read more

Rapid Prototyping Market - Rapidly Gaining Importance in Aerospace Sector, Research By 2024

Rapid prototyping is a technique in which the physical modeling of a design is done with the help of specialized machining technology. It was developed initially in the mid-1980s, the principle used in this technology is of solid modeling with the help of computer programs (i.e. CAD). Solid modeling makes use of computer aided-design (CAD) data to completely describe not just the external shape of parts or equipment, but its interior volume as well as the outside surfaces. The computer model is sliced into thin layers and the part of the product or commodity to be modelled or developed as per the requirement, is eventually fabricated by adding layers onto each other. Obtain Report Details @   http://www.transparencymarketresearch.com/rapid-prototyping-market.html The primary benefit of the system is that almost any shape can be manufactured using computerized programs. Time and money savings vary from 50% to 90% compared to conventional systems. Types of rapid proto...
Post a Comment
Read more