Agrochemicals widely involve fertilizers, pesticides, hormones and plant growth regulators (PGR) that enable plant and soil protection, improve the yield, maintain and improve the growth process of plants.
Shrinking arable land due to rapid industrialization and population explosion has resulted in increased use of agrochemicals, such as fertilizers and plant growth regulators, further triggering the market growth. The growing demand for crops as animal fodder and fiber in the textile industry has also provided the necessary boost to the agrochemicals industry.
Fertilizers dominated the agrochemicals market in 2017. Nitrogenous and phosphate fertilizers were most widely used due to their easy availability and low prices. However, the new trend of organic farming, which involves complete elimination of chemical-based fertilizers, has increased the demand for biofertilizers.
The demand for agrochemicals is expected to be the highest in Asia Pacific. The region is known for its agro-based countries such as India, Sri Lanka, and China, which are majorly dependent on agriculture and related industries for economic growth.
The global Agrochemical market was valued at 223700 million US$ in 2018 and will reach 308400 million US$ by the end of 2025, growing at a CAGR of 4.1% during 2019-2025.
This report focuses on Agrochemical volume and value at global level, regional level and company level. From a global perspective, this report represents overall Agrochemical market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Agrochemical in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Agrochemical manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
Bayer Crop Science
BASF
Agrium
CF Industries Holdings
Potash Corporation of Saskatchewan
Yara International
Monsanto Company
E.I. Du Pont De Nemours & Company
Dow AgroSciences LLC
Syngenta AG.
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Fertilizers
Crop Protection Chemicals
Plant Growth Regulators
Others
Summary: Get latest Market Research Reports on Agrochemical. Industry analysis & Market Report on Agrochemical is a syndicated market report, published as Global Agrochemical Market Professional Survey Report 2019. It is complete Research Study and Industry Analysis of Agrochemical market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.