Increasing precision farming demand is touted to bolster the overall global agricultural adjuvants market over the next seven years. Major agricultural adjuvants market applications include fertilizer and pest control industry. Increase in overall emulsifiers, oils & salts and surfactants demand is expected to boost the global agricultural adjuvants market over the forecast period. Growing emulsifier application across numerous industries is expected to experience brisk growth, thereby aiding the global market.
Expanding surfactant industry is expected to encourage the global agricultural adjuvants market. Increase in demand for crop protection chemicals is touted to be a beneficial factor for the overall agricultural adjuvants market development. Growing precision farming demand is slated to drive the overall global market development. New practices in agriculture such as contract farming and commercial farming are expected to further aid the global agricultural adjuvants market. Development in farming equipments is expected to fuel the agricultural adjuvants market growth. Changing trends favoring eco friendly based adjuvants is expected to boost the global adjuvants market.
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Constant evolution in farm expenditure is a major factor which is expected to drive the global agricultural adjuvants market. Continuous arable land depletion is another factor which is touted to aid the global market growth. Genetically enhanced and modified seeds usage is expected to hinder the global agricultural market. Heterogeneity in regulations & policies for registration and manufacturing agricultural adjuvants is expected to further retard the global market growth. R&D initiatives to address increase in demand for protected agriculture promise copious opportunities for the new as well as existing industry participants.
North America has dominated the global agricultural adjuvants market owing to high consumption rate coupled with high precision farming demand. Presence of major industry participants along with developing agricultural practices has resulted in strong demand in the European market. Growing demand in emerging nations such as India, China, Vietnam, Malaysia, Russia and Indonesia is touted to assist the global agricultural adjuvants market development.
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