Asia Pacific Agricultural Adjuvants Market Size & Outlook
Asia Pacific agricultural adjuvants market, 2018-2030 (US$M)
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Asia Pacific agricultural adjuvants market highlights
- The Asia Pacific agricultural adjuvants market generated a revenue of USD 1,370.0 million in 2022.
- The market is expected to grow at a CAGR of 5.7% from 2023 to 2030.
- In terms of segment, activator adjuvants was the largest revenue generating type in 2022.
- Activator Adjuvants is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 1,370.0 million |
| Market revenue in 2030 | USD 2,134.1 million |
| Growth rate | 5.7% (CAGR from 2022 to 2030) |
| Largest segment | Activator adjuvants |
| Fastest growing segment | Activator Adjuvants |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Activator Adjuvants, Utility Adjuvants |
| Key market players worldwide | Clariant AG, Solvay SA, Dow Inc, Huntsman Corp, Evonik Industries AG, Ingevity Corp, Nufarm Ltd, Corteva Inc, Croda International PLC, Basf SE, Marubeni Corp, Stepan Co |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 37.6% of the global agricultural adjuvants market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,134.1 million by 2030.
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Agricultural Adjuvants Market Scope
Agricultural Adjuvants Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific agricultural adjuvants market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to agricultural adjuvants market will help companies and investors design strategic landscapes.
Activator adjuvants was the largest segment with a revenue share of 69.81% in 2022. Horizon Databook has segmented the Asia Pacific agricultural adjuvants market based on activator adjuvants, utility adjuvants covering the revenue growth of each sub-segment from 2018 to 2030.
According to the Organization for Economic Cooperation and Development (OECD) and Food and Agricultural Organization (FAO), Asia Pacific is the largest producer of agricultural commodities, accounting for 53% of global agricultural product and fish output by 2030.
The region is distinguished by the availability of low-cost labor and an abundance of raw materials. However, water scarcity, climate change, and land degradation are some of the major challenges confronting the Asia Pacific agricultural industry.
Additionally, owing to unhygienic conditions in some of the under-developed countries, such as Nepal and Sri Lanka, the crops are often subject to rodent attacks. This has increased the demand for agricultural adjuvants infused herbicides and pesticides for improving yield.
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Our clientele includes a mix of agricultural adjuvants market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific agricultural adjuvants market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific agricultural adjuvants market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific agricultural adjuvants market size, by country, 2018-2030 (US$M)
Asia Pacific Agricultural Adjuvants Market Outlook Share, 2022 & 2030 (US$M)
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