North America Agriculture Utility Adjuvants Market is Expected to Reach $288.6 Million by 2019, at a CAGR of 5.0% From 2014 to 2019
FORT WORTH, Texas, June 2, 2015 /PRNewswire/ --
The North America agriculture utility adjuvants market report defines and segments the concerned market with analysis and forecast of revenue. This market was valued at $226.5 million in 2014, and is projected to reach $288.6 million by 2019, at a CAGR of 5.0% from 2014 to 2019.
Browse through the TOC of North America agriculture utility adjuvants market for an analysis of industry trends and segments, with the help of various tables and figures.
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An adjuvant is any compound that is added to a pesticide formulation or tank mix to facilitate the mixing, application, or effectiveness of that herbicide. Adjuvants are already included in the formulation of some pesticides available, or they may be purchased separately and added into a tank mix prior to use. Adjuvants are chemically and biologically active compounds that improve the effectiveness of pesticides by either increasing its desired impact, and/or decreasing the total amount of formulation needed to achieve the desired impact.
Some of the adjuvants enhance the penetration of pesticides into plants by ensuring adequate spray coverage, thereby keeping pesticides in contact with plant tissues, or by increasing rates of foliar and/or stomatal penetration.
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The North America agriculture utility adjuvants market is dominated by the U.S., followed by Canada. In the U.S., precision farming is the practice of cultivating crops under a management concept, based on observing, measuring, and responding to inter and intra-field variability in crops with an aim of achieving maximum profitability. In other words, precision farming can be defined as a method capable of helping farmers to use the right amount of inputs, in the right place at the right time. The area under precision agriculture is rapidly rising in the U.S., thereby enabling the use of agricultural adjuvants for judicious use of agrochemicals to control specific target pests. All the above mentioned factors have equally contributed to the overall growth of the agriculture utility adjuvants market.
This report offers a comprehensive overview of market share and value chain analysis, along with market metrics such as drivers and restraints. In addition to this, it also presents a country-level competitive landscape and company profiles of key players thriving in this market.
Related Reports:
The Global Agriculture Utility Adjuvants Market is projected to grow at a CAGR of 5.0% from 2014 to 2019. The agricultural adjuvants market is one of the key segments of the agrochemical market, which comes under a broad category of crop protection chemicals.
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