Latin America Agricultural Adjuvants Market Size & Outlook
Latin America agricultural adjuvants market, 2018-2030 (US$M)
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Latin America agricultural adjuvants market highlights
- The Latin America agricultural adjuvants market generated a revenue of USD 522.9 million in 2022.
- The market is expected to grow at a CAGR of 5% 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, Argentina is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 522.9 million |
| Market revenue in 2030 | USD 775.1 million |
| Growth rate | 5% (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, Latin America region accounted for 14.3% 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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Latin America 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 69.46% in 2022. Horizon Databook has segmented the Latin America agricultural adjuvants market based on activator adjuvants, utility adjuvants covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil, Argentina, and Colombia are the major contributors to the growth of agricultural adjuvants market in Central & South America. The significant growth of the agriculture sector, mainly in Brazil, due to the increasing demand for agrochemicals in Brazil to enhance the production of Brazilian soybean is the key driving factor for the growth of agricultural adjuvants market in Central & South America.
The trade war between the U.S. and China has instrumented China to impose high tariffs on the imports of soybean and other agricultural products from the U.S. in response to increased tariffs by the country on China-manufactured products.
This has resulted in an increased demand for Brazil-produced soybean from China. Agriculture accounts for half of the GDP of Central and South American countries such as Argentina, Bolivia, Haiti Belize, Paraguay, Dominica, and Ecuador.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America agricultural adjuvants market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America agricultural adjuvants market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America agricultural adjuvants market size, by country, 2018-2030 (US$M)
Latin America Agricultural Adjuvants Market Outlook Share, 2022 & 2030 (US$M)
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