Pesticide adjuvants are added in the pesticides to improve their performance. It can be added into the pesticide before application or can be included while formulating pesticide. Pesticide adjuvants are included in pesticides for many reasons such as reduction of product drifting, reducing foaming, and controlling acidity.

Market Dynamics:-

Addition of pesticides adjuvants in pesticide formulation offer advantages such as better handling and mixing, increased safety and effectiveness, and drift reduction. Multiple advantages offered by pesticide adjuvants is expected to drive the global pesticide adjuvant market growth during the forecast period. Growing crop damage due to insects and other pests is increasing consumption of pesticides globally. This, in turn, is driving growth of the global pesticides adjuvants market. According to the Food and Agriculture Organization (FAO), global pesticide consumption in 2016 was 4,088 thousand ton, which increased to 4,114 thousand ton in 2017.

Rising good agricultural practices across the globe along with growing demand for food due to growing population is fueling demand for efficient insecticides globally. For instance, according to the Food and Agricultural Organization (FAO) report, in 2017, agriculture activities utilized 37% of the global land area. Moreover, according to FAO forecast, the world crop production is expected to increase by 55% from 1999 to 2030. This in turn is expected to drive the global pesticide adjuvants market growth over the forecast period.

Market Outlook:-

  • Asia Pacific accounted for a significant market share in the global pesticide adjuvants market in 2019. This is owing to increasing demand from the agricultural sector. According to Food and Agriculture Organization (FAO), South Asia accounted for 52% whereas East Asia accounted for 26% of total Asia Pacific land, which is suitable for crop production in 2016. According to combined study of FAO and World Bank, Australia held highest rank among top 20 countries for arable land per capita in 2016. Moreover, Asia Pacific region consists of most populated countries such as China, India, Indonesia and various others. Increasing demand for food due to growing population is driving growth of agricultural sector into these countries. According to the World Bank, the India’s population was 1.324 billion in 2016 and is expected to increase up to around 1.65 billion by 2050. Therefore, Asia Pacific is projected to be the most lucrative region for growth of the pesticide adjuvants market.

Key Players:-

  • Players operating in the global pesticide adjuvants market include BASF SE, Akzo Nobel N.V., Croda International plc, Huntsman Corporation, Evonik Industries AG, Nufarm, Solvay S.A., Corteva, Inc., Helena Agri Enterprises LLC, Lonza Group AG, Stepan Company, Wilbur-Ellis Company, Miller Chemical and Fertilizer, LLC, Kalo Inc., Innvictis Crop Care, LLC, and Clariant AG.
  • Players operating in the global pesticides adjuvants market are adopting different strategies to cater growing consumer demand. For instance, in June 2016, Oxiteno, a manufacturer of chemicals and surfactants, launched SURFOM DRT 857 for drift control.

Market Taxonomy:-

On the basis of product type, the global pesticide adjuvants market is segmented into:

  • Surfactants & Emulsifiers
  • Drift Control Agents
  • Oil Concentrates
  • Compatibility Agents
  • Water Conditioners
  • Others

On the basis of application, the global pesticide adjuvants market is segmented into:

  • Fungicides
  • Herbicides
  • Insecticides
  • Others

On the basis of crop type, the global pesticide adjuvants market is segmented into:

  • Cereals & Grains
  • Oilseeds & Pulses
  • Fruits & Vegetables
  • Others

On the basis of region, the global pesticide adjuvants market is segmented into:

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Italy
    • France
    • Russia
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Middle East
    • GCC
    • Israel
    • Rest of Middle East
  • Africa
    • Northern Africa
    • Central Africa
    • South Africa

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.

Data Triangulation Methodology | Coherent Market Insights

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

Market Analysis | Coherent Market Insights

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users