Agricoltura
Agricultural Adjuvants Market Competitive Landscape: Major Players, Competitor Market Shares, And Player Strategies - By The Business Research Company
The agricultural adjuvants market is fairly fragmented, with a large number of players. The top ten competitors in the market made up to 37.1% of the total market in 2021. This can be due to the existence of number of local players in the market serving customers in particular geographies. was the with 8.76% agricultural adjuvants market share, followed by Evonik Industries, Solvay Inc., Nufarm Limited, The Dow Chemical Company, BASF SE, Nouryon, Croda International Plc., Clariant AG and Stepan Company.
To keep up with the rising demand for agricultural adjuvants, companies in the agricultural adjuvants market are launching new innovative products to improve and strengthen their product portfolios. For instance, in February 2020 , Wilbur-Ellis, a US-based agricultural products, and specialty chemical company launched EFFICAX, a soil retention adjuvant that aids producers in maximizing the residual activity of herbicides by increasing the coverage, absorption, and adherence of the spray material deposits onto soil particles, extending the duration of growers' spray operations.
Furthermore, in January 2021 , Precision Labs, a US-based specialty chemical provider, in collaboration with Michigan State University , a US-based public land-grant research university, developed Activo, an activator adjuvant with a green pigment to enhance the efficacy of pesticides and the appearance of turfgrass. With its improved pesticide effectiveness, Activo is ideal for application on broad tracts of land in combination with fungicides and plant growth regulators.
In addition, agricultural adjuvants market manufacturers are focusing on partnerships and collaborations to improve their capabilities and market their products. For instance, in January 2021 , Attune Agriculture, a US-based hydrocolloid company, partnered with CommoditAg, a US-based online marketplace for high-quality agricultural products, to make their Accomplice, a row crop adjuvant, available to growers.
Players should focus on the since it was the in the agricultural adjuvants market, accounting for 33.9% of the global market in 2022. It was followed by Asia Pacific , Western Europe and other regions. Going forward, companies should also focus on the fastest-growing regions in the agricultural adjuvants market such as Asia Pacific and South America .
According to the agricultural adjuvants market analysis, other market-trend-based strategies for the agricultural adjuvants market include technological advancements, unmanned aerial vehicle (UAV) spraying-based agricultural adjuvants, and partnerships and collaborations.
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