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Global agriculture adjuvants market: $3 billion industry forecast by 2018

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Adjuvants Market in Agriculture: Global Trends & Forecasts to 2018 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-04 14:41:01
The global agriculture adjuvants market is forecast to grow from a value of around $2.17 billion in 2012 to a total of $2.96 billion by the end of 2018. This suggests a CAGR growth rate of 5.3% between 2013 and 2018. North America led the global market followed by Europe and Asia-Pacific, Latin America in terms of revenue in 2012.

The global agriculture adjuvants market consists of activator adjuvants and utility adjuvants, which are used along with the crop protection chemicals or agrochemicals. Activator adjuvants includes surfactants, oils, and ammonium fertilizers while utility adjuvants consists of buffering agents, compatibility agents, anti-foam agents, water conditioners, buffers/Acidifiers, drift control agents, and others. Agriculture surfactant chemicals are the most dominating segment of this market in terms of market share as well as product innovations. Surfactants are further classified as ionic, non-ionic, and amphoteric.

North America generated maximum revenue in global Agriculture Adjuvants market. Europe is the second largest market. U.S. Drives the North American market while Japan, Australia, and China drive the Asia-Pacific seed market. France, Italy, and Germany generated maximum revenue in the European market. Latin American market, led by Brazil, and ROW is also given a boost by the promising growth in South African countries.

The global market is fragmented and significantly price sensitive. Owing to high entry barriers, a number of market participants remain limited. Due to these factors, the market displays oligopolistic characteristics. The leading participants in innovation and patent registration such as Adjuvant plus Inc. (Canada), Akzonoble N.V. (Netherlands), Brandt Consolidated (U.S.), Clariant International Ltd. (Switzerland), Lamberti SpA (Italy), Momentive Performance Materials (U.S), Solvay SA (Belgium), Dow Croning (U.S.), Croda Chemicals (India), Tanatex Chemicals (Europe), Helena Chemical Company (U.S.), and others.

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