Market Size of France Adjuvants Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 5.20 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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France Adjuvants Market Analysis
The France adjuvants market is projected to register a CAGR of 5.2% during the forecast period (2020-2025). The major drivers of the French adjuvants market are the stringent regulations on genetically modified crops and the rising popularity of organic farming. This can be attributed to the increased health awareness among consumers, along with affirmative policies by the government.
By application, herbicide adjuvants segment dominates the French adjuvants market. Adjuvants are primarily used to enhance the post-emergence of herbicide performance. This improves the herbicide activity, herbicide absorption into plant tissue, and rain-fastness. It can also decrease the photodegradation of herbicide.
Key players such as Clariant, Evonik Industries, Croda International, Stepan, and BASF are dominating the market. Among key players, mergers and acquisitions are the most adopted strategy to strengthen their position in the market.