Are you capitalizing on the surging demand for sustainable and precise agricultural adjuvants?
Sustainable farming is rapidly becoming the new norm as governments worldwide take decisive action to reduce agricultural emissions. For instance, the Chinese government has adopted stringent environmental regulations, while the European Union is pursuing an ambitious goal to cut crop protection chemicals by 50% by 2030.
In this evolving landscape, agricultural adjuvants that boost pesticide efficacy while enhancing crop safety are proving pivotal, driving transformative shifts such as:
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The increasing adoption of precision farming technologies is fueling innovation in drift control, spray retention, and deposition agents, all of which enhance adjuvant solutions.
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In the short term, Latin America — particularly Brazil, Argentina, and Mexico — is poised for high growth in this industry as farmers seek new technologies to boost yield while reducing pesticide use; a compound annual growth rate of 6.1% is expected from 2024 to 2030 in the region. Meanwhile, China is set to lead the Asia-Pacific, expected to capture 41.1% of the APAC agricultural adjuvants market by 2030.
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Transformative Megatrends
Sustainability regulations for the restrained use of agrochemicals is becoming prevalent across different countries. However, this shift is leading to the expansion of organic farming practices, encouraging ecosystem players to pioneer organic-certified adjuvant formulations.
Disruptive Technologies
Digital technologies across the value chain are revolutionize agriculture models globally, especially while implementing sustainable practices. In fact, a growing demand is expected for novel adjuvant chemistries that supports next-gen spraying modalities while ensuring crop safety.
Geopolitical Chaos
Trade tensions, the Russo-Ukrainian War, and post-pandemic supply chain disruptions and are only some of the geopolitical factors influencing the supply and demand dynamics for crop protection chemicals, and consequently, the demand for adjuvants.
Are your team leaders evaluating and adopting the right strategic imperatives to bridge the growth gap in this domain?
Amid these shifts, the chemical and material industry is becoming increasingly competitive. Frost & Sullivan’s growth analyses — each highlighting 10 opportunities — offer perspectives and strategies to help you navigate this transformation. Download now to gain a competitive edge!
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