Agricultural Adjuvants Market Size Worth $4.8 Billion By 2028: Grand View Research, Inc.

Read 100 page market research report, "Agricultural Adjuvants Market Size, Share & Trends Analysis Report By Type (Activator Adjuvants, Utility Adjuvants), By Application (Herbicides, Insecticides, Fungicides), By Crop, By Region, And Segment Forecasts, 2021 - 2028", by Grand View Research

Agricultural adjuvants manufacturing companies are majorly focusing on the development of sustainable and environmentally friendly products. For instance, in 2017, Solvay launched AgRHO S-Boost. This product works like a magnet for moisture and nutrients around the seed. AgRHO S-Boost is bio-based, eco-friendly, non-toxic, and biodegradable for both humans and plants while reducing water, fertilizer, and pesticide use.

Innovation and new cost-effective product developments in the market are attracting agriculturists which are expected to augment market growth. Manufacturers are focusing on developing multifunctional agricultural adjuvants for cost-effectiveness. In February 2020, Ingevity launched a new bio-based multifunctional adjuvant product line for crop protection named AltaHance. This product line provides customers an eco-friendly adjuvant with several performance benefits in a single product.

The market witnessed an increase in the price of agricultural adjuvants in 2020 due to the Covid-19 pandemic. Supply chain disruptions and restrictions related to transportation resulted in an immediate price spike of various agricultural additives. The majority of the raw materials used in agrochemicals production are imported from China. Due to the trade restrictions from China, the agrochemical producers of various nations found difficulties in maintaining the inventory which caused the major price fluctuations.

Market Segmentation:

Grand View Research has segmented the global agricultural adjuvants market on the basis of type, application, crop, and region:

List of Key Players of Agricultural Adjuvants Market

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