Report Highlights
The global market for agrochemicals reached $243.1 billion in 2019 and should reach $299.8 billion by 2024, at a compound annual growth rate (CAGR) of 4.3% for the period of 2019-2024.
Report Includes
- 103 data tables and 26 additional tables
- Detailed overview and industry analysis of the global agrochemicals market
- Analyses of global market trends with data from 2018, estimates for 2019, and projections of compound annual growth rates (CAGRs) through 2024
- The latest information on the leading companies engaged in research and development (R&D) and products in pipeline with SWOT analyses
- Discussion of major factors, advancements in agriculture technologies, regional trade analysis, and changing regulatory dynamics that influence the demand of this evolving market
- Tracking and analyses of partnerships, alliances, joint ventures, and mergers and acquisition details between major stakeholders
- Identification of segments with high growth potential and understand future applications in these segments
- A relevant patent analysis
- Company profiles of leading market participants within the industry, including American Vanguard Corporation, BASF SE, Bayer AG, Nufarm Ltd., Potash Corp., Sumitomo Chemical Co., and Yara International ASA
Report Scope
This research report presents an in-depth analysis of the global agrochemical market by product type and regional geographic markets. It covers the major categories of agrochemicals used for crop protection across the globe. The evolving trends and ongoing research and developments in the field of agrochemical developments have been studied in detail. The report analyses the active ingredients used in the market and not the formulations.
This study highlights the emergence of genetically modified crops, the importance of crop protection, and the pros and cons of pesticide use. Special importance has been given to key market developments such as collaborative activities, important acquisitions, new product launches, and strategic agreements between top players. An analysis of the key drivers and factors either affecting or influencing the growth of this market is also included in this report. The analysis also includes the current and projected markets for agrochemicals across geographic regions while considering different parameters (e.g., government regulations, climatic conditions, and crop production).
The global agrochemical market is mainly segmented into types and regions. Types of agrochemicals are principally categorized into pesticides and fertilizers. Pesticides primarily include herbicides, insecticides, and fungicides. Nitrogenous, phosphatic, potassic, and biofertilizers are covered under the fertilizer category. In terms of geography, the market is categorized by North America, Europe, Asia-Pacific, and the rest of the world. ROW primarily consists of economies such as Brazil, Argentina, Egypt, South Africa, Chile, Colombia, Turkey, Iraq, Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates
Analyst Credentials
Jason Chen has been an analyst and consultant for the polymer, composite, fiber, textile and energy industries for 18 years. He works as a researcher, writer and/or editor for the American Composites Manufacturers Association (ACMA), China Textile Academy (CTA), China Chemical Fiber Association (CCFA), International Fiber Journal, Filtration News, Platts Emission Daily, Vision Systems Design, Pesticide and Toxic Chemical News and MobileTex. Currently he is the chief scientist of a company endeavoring to reduce China's air and water pollution. He has a degree in Civil Engineering, Chemicals and Advanced Materials from Shantou University.
Report Highlights
The global agrochemical market should reach $266.0 billion by 2021 from $213.2 billion in 2016 at a compound annual growth rate (CAGR) of 4.5%, from 2016 to 2021.
Report Includes
- Overview the global markets for agrochemicals.
- Analyze global market trends, with data from 2015, 2016, and projections of compound annual growth rates (CAGRs) through 2021.
- Define the global agrochemicals market and other aligned markets.
- Measure the global agrochemicals market with respect to fertilizers and pesticides.
- Strategically profile and analyze market players and their core competencies in the field of agrochemicals for each of its respective market segments.
- Track and analyze alliances, joint ventures, mergers, and acquisitions of industry market players.
Report Highlights
The global agrochemical market was valued at $197.9 billion in 2014. This market is expected to reach nearly $207.9 billion in 2015 and $257.5 billion in 2019, after increasing at a compound annual growth rate (CAGR) of 5.4% from 2014 to 2019.
Report Includes
- Overview the global markets for agrochemicals.
- Analyze global market trends, with data from 2013 and 2014, estimates for 2015, and projections of CAGRs through 2019.
- Define the global agrochemicals market and other aligned markets.
- Measure the global agrochemicals market with respect to fertilizers and pesticides.
- Strategically profile and analyze market players and their core competencies in the field of agrochemicals for each of its respective market segments.
- Track and analyze alliances, joint ventures, mergers, and acquisitions of industry market players.
Report Highlights
- Overall sales in the global agrochemicals market by product were nearly $105.6 billion in 2008 which increased further to $119.6 billion in 2009. By 2014, it is projected to increase to $196 billion, for a 5-year compound annual growth rate (CAGR) of 10.4%.
- The fertilizers market was nearly $59 billion in 2008; this further increased to $68.4 billion in 2009, this projected to reach $117.8 billion in 2014, for a 5-year CAGR of 11.5%.
- Sales in the pesticides market amounted to $46.7 billion in 2008 which increased to $51.2 billion in 2009. This is projected to increase to $78.3 billion in 2014, for a 5-year CAGR of 8.9%.
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