In 2014, the North America agriculture utility adjuvants market is dominated by a large number of small and medium players. Akzonobel N.V. (Netherland) is one of the emerging players in this market. The Huntsman Corp. (U.S.) is also leading the North America agriculture utility adjuvants market by registering a share of 6.3% in 2014. The company manages its business operations through five segments, namely polyurethanes, performance products, advanced materials, textile effects, and pigments.
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These companies have been competing for a major chunk of the North America agriculture utility adjuvants market by undergoing varied agreements, partnerships, and collaborations. For instance, Huntsman Corp. (U.S.) announced the expansion of its ethylene oxide plant in Texas, U.S. This strategy benefited the company to leverage its Huntsman's integrated EO derivatives production for the development of other products, such as surfactants, ethanolamines, specialty chemicals, and ethylene glycol (EG).
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Besides, Huntsman Corp. (U.S.) and Akzonobel N.V. (Netherlands), Evonik Industries AG (Germany) is another player in the North America agriculture utility adjuvants market. The company operates under four business segments namely consumer, health & nutrition, specialty materials, resource efficiency, and services.
Croda International Plc. (U.K.), which is also a key player in the utility adjuvants market, is undergoing expansion of its operational units to enhance its presence in the agricultural industry. The company invested $170 million in the Atlas Point manufacturing site in Delaware, North America. This approach enabled Croda to produce sustainable, non-ionic surfactants, thereby reinforcing its position in the North America agriculture utility adjuvants market.
