Market revenue in 2022 | USD 156.9 million |
Market revenue in 2030 | USD 213.8 million |
Growth rate | 3.9% (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 |
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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 67.24% in 2022. Horizon Databook has segmented the Middle East & Africa agricultural adjuvants market based on activator adjuvants, utility adjuvants covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East & Africa agricultural adjuvants market is expected to grow at a significant pace over the forecast period. The consumption of pesticides is increasing in Saudi Arabia and Oman, and this trend is expected to prevail steadily in South Africa, Kuwait, and Qatar.
In addition, there is significant growth in the consumption of pesticides in Ghana. According to FAO, the consumption of pesticides in Ghana was recorded at 9.7 thousand tons in 2019 that increased multifold than the pesticide consumption of 386 tons registered in the country in 2009.
The increasing demand for food crops coupled with pesticide and insecticide usage is in turn driving the demand for agricultural adjuvants market in the region.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa agricultural adjuvants market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa agricultural adjuvants market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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