Agricultural Adjuvants Market Research Report and Forecast up to 2024 Agricultural Adjuvants Market Growth, Trends, and

Agricultural Adjuvants Market - Global Industry
Analysis, Size, Share, Growth, Trends, and
Forecast 2016 - 2024
Global Agricultural Adjuvants Market: Snapshot
The global agricultural adjuvants market is currently being driven by the growing
need for better methods and chemicals for protecting crops. This need is largely
borne out of a shrinking average available farmland coupled with a growing
consumption of foods. The global agricultural adjuvants market is, however,
currently being restrained by the growing use of genetically modified seeds that are
generally more efficient in terms of yield and protection from pests. This current
market for agricultural adjuvants is also being restrained by the volatility in product
prices as this can deter long-term usage and the formation of partnerships between
distributors and customers.
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,
after expanding at an optimistic CAGR of 6.6% within a forecast period from 2016 to
2024. The total volume of the global agricultural adjuvants market in 2015 was
757,570 kilo tons.
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adjuvants-market.html
Pest Control Leads Global Agricultural Adjuvants Market by Application
The diverse area of applications for the global agricultural adjuvants market include
fungicides, herbicides, insecticides, along with a number of minority utilities in crop
protection, such as disinfectants, desiccants, defoliants, plant regulators, biocides,
fertilizers, bio-stimulants, and micronutrients. Of these, crop control and pest
control in the form of fungicides, herbicides, and insecticides led the global
agricultural adjuvants market in terms of application-based demand. In 2015,
herbicides held the leading application segment in global agricultural adjuvants
market in terms of demand and revenue generation. In fact, the demand for
herbicides constituted to over 45% of the global agricultural adjuvants market and
is also expected to expand at a leading CAGR between 2016 and 2024.