The major factors that drive the agrochemicals market include the growth in demand for food, soil degradation, and an increased adoption of bio-agrochemicals. Rapid increase in population results in rise in demand for food on a global basis, thus boosting the use of agrochemicals to enhance crop productivity. However, the presence of eco-friendly alternatives and an increase in environmental concerns could hamper the market growth during the forecast period. In addition, significant growth opportunities are available in the market for the development of new and safe bio-based agrochemicals.
The global agrochemicals market is segmented into type and region. Based on type, the market is bifurcated into fertilizers and pesticides. Fertilizers are further classified into synthetic fertilizers (nitrogenous, phosphatic, potassic, and others) and bio fertilizers. The pesticides segment is further sub-segmented into herbicides, insecticides, fungicides, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key players operating in the global agrochemicals market are BASF SE, Bayer AG, Dow, Inc., DuPont de Nemours, Inc., Sumitomo Chemical Company, Syngenta AG, The Mosaic Company, Yara International, Nutrien, Ltd., and FMC Corporation.
KEY BENEFITS FOR STAKEHOLDERS
- The report includes in-depth analysis of different segments and provides market estimations between 2019 and 2026.
- Porter’s Five Forces model illustrates the potency of buyers & sellers, which is estimated to assist the market players to adopt effective strategies.
- Key market players are profiled to gain an understanding of the strategies adopted by them.
- This report provides a detailed analysis of the current trends and future estimations from 2019 to 2026, which helps identify the prevailing market opportunities.
- Synthetic Fertilizers
- Calcium Ammonium Nitrate
- Other Nitrogenous Fertilizers
- Di-Ammonium Phosphate (DAP)
- Mono-Ammonium Phosphate (MAP)
- Triple Superphosphate (TSP)
- Other Phosphatic Fertilizers
- Potassium Chloride
- Potassium Sulfate
- Potassium Magnesium Sulfate
- Bio fertilizers
- Synthetic Herbicides
- Synthetic Insecticides
- Methyl Carbamates
- Synthetic Fungicides
- Other Synthetic Pesticides
- Other Bio Pesticides
- North America
- Rest of Europe
- Rest of Asia-Pacific
- Rest of LAMEA
- BASF SE
- Bayer AG
- Dow, Inc.
- DuPont de Nemours, Inc.
- Sumitomo Chemical Company
- Syngenta AG
- The Mosaic Company
- Yara International
- Nutrien, Ltd.
- FMC Corporation
1.1. Report Description
1.2. Key Benefits For Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tools & Models
Chapter 2 Executive Summary
2.1. Cxo Perspective
Chapter 3 Market Overview
3.1. Market Definition And Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies
3.2.3. Top Player Positioning
3.3. Market Share Analysis, 2018
3.4. Market Dynamics
3.5. Emerging Trends In Agrochemicals Market
3.6. Regulation Analysis
3.6.1. Global Fertilizer Regulations
18.104.22.168. North America
3.6.2. Global Pesticides Regulations
3.7. Patent Analysis
3.7.1. Patent Analysis By Region
3.8. Porters Five Forces Analysis
3.8.1. Bargaining Power of Suppliers
3.8.2. Bargaining Power of Buyers
3.8.3. Threat of New Entrants
3.8.4. Threat of Substitution
3.8.5. Intensity of Competitive Rivalry
Chapter 4 Agrochemicals Market, By Type
4.1.1. Market Size And Forecast
4.2.1. Synthetic Fertilizers
22.214.171.124.3. Calcium Ammonium Nitrate
126.96.36.199.1. Potassium Chloride
188.8.131.52.2. Potassium Sulfate
184.108.40.206.3. Potassium Magnesium Sulfate
220.127.116.11. Key Market Trends, Growth Factors, And Opportunities
18.104.22.168. Market Size And Forecast
22.214.171.124. Key Market Trends, Growth Factors, And Opportunities
126.96.36.199. Market Size And Forecast
188.8.131.52. Synthetic Herbicides
184.108.40.206. Key Market Trends, Growth Factors, And Opportunities
220.127.116.11. Market Size And Forecast
18.104.22.168. Synthetic Insecticides
22.214.171.124.3. Methyl Carbamate
126.96.36.199. Key Market Trends, Growth Factors, And Opportunities
188.8.131.52. Market Size And Forecast
184.108.40.206. Synthetic Fungicides
220.127.116.11. Bio Fungicides
18.104.22.168. Key Market Trends, Growth Factors, And Opportunities
22.214.171.124. Market Size And Forecast
126.96.36.199. Key Market Trends, Growth Factors, And Opportunities
188.8.131.52. Market Size And Forecast
Chapter 5 Agrochemicals Market, By Region
5.1.1. Market Size And Forecast
5.2. North America
5.2.1. Key Market Trends, Growth Factors, And Opportunities
5.2.2. Market Size And Forecast
5.3.1. Key Market Trends, Growth Factors, And Opportunities
5.3.2. Market Size And Forecast
5.3.7. Rest of Europe
5.4.1. Key Market Trends, Growth Factors, And Opportunities
5.4.2. Market Size And Forecast
5.4.6. Rest of Asia-Pacific
5.5.1. Key Market Trends, Growth Factors, And Opportunities
5.5.2. Market Size And Forecast
5.5.5. Rest of LAMEA
Chapter 6 Company Profiles
6.1. Agrium Inc.
6.1.2. Operating Business Segments
6.1.3. Business Performance
6.1.4. Key Strategic Moves And Developments
6.2. Basf Se
6.2.2. Operating Business Segments
6.2.3. Business Performance
6.2.4. Key Strategic Moves And Developments
6.3. Bayer Ag
6.3.2. Operating Business Segments
6.3.3. Business Performance
6.3.4. Key Strategic Moves And Developments
6.4. Dow Agrosciences Llc
6.4.2. Operating Business Segments
6.4.3. Business Performance
6.4.4. Key Strategic Moves And Developments
6.5. E. I. Du Pont Nemours And Company
6.5.2. Operating Business Segments
6.5.3. Business Performance
6.5.4. Key Strategic Moves And Developments
6.6. Monsanto Company
6.6.2. Operating Business Segments
6.6.3. Business Performance
6.6.4. Key Strategic Moves And Developments
6.7. Sumitomo Chemical Co.
6.7.2. Operating Business Segments
6.7.3. Business Performance
6.7.4. Key Strategic Moves And Developments
6.8. Syngenta Ag
6.8.2. Operating Business Segments
6.8.3. Business Performance
6.8.4. Key Strategic Moves And Developments
6.9. The Mosaic Co.
6.9.2. Operating Business Segments
6.9.3. Business Performance
6.9.4. Key Strategic Moves And Developments
6.10. Yara International Asa
6.10.2. Operating Business Segments
6.10.3. Business Performance
6.10.4. Key Strategic Moves And Developments
The major factors driving the global agrochemicals market include high population and subsequent increase in the demand for food, soil degradation, limited agricultural land, and an increase in awareness in the consumers regarding the benefits of agrochemicals. However, the agrochemicals market growth may be hampered by the potential harms of using synthetic pesticides such as 2, 4-D and atrazine herbicide. Agrochemicals when used in higher concentration result in surface water pollution and adversely affect the environment. Thus, the production of bio-based fertilizers and pesticides have created numerous opportunities for the key market players.
The fertilizers segment generated the maximum revenue and accounted for the highest volume share of the global agrochemicals market. This is attributed to the problems arising from high population and soil degradation. The major type of fertilizer used to enhance the crop productivity is nitrogenous fertilizers, accounting for around two-thirds of the total synthetic fertilizers market. Moreover, herbicides occupied over half of the synthetic pesticides market in 2018.
In 2018, Asia-Pacific dominated the global agrochemicals market with more than half of the share, both in terms of revenue and volume. This was attributed to the high percentage of land available for agricultural activities and the high extent of agricultural activities in highly populated countries such as India, China, and others. The high population of these areas increase the demand for food crops, which in turn contributes to the growth of agrochemicals market.
Key Findings of the Agrochemicals Market:
Asia-Pacific dominated the global agrochemicals market in 2018, accounting for over half of the share, both in terms of revenue and volume
In 2018, fertilizers accounted for majority of the global agrochemicals market share and is expected to maintain its lead throughout the forecast period
India is the fastest growing segment in the Asia-Pacific market
In 2018, the pesticides market accounted for one-fourth of the share in the North America agrochemicals market and is expected to occupy one-third share of the market at the end of forecast period
LAMEA is expected to grow at the fastest rate during the forecast period
The bio-pesticides segment is anticipated to grow due to the increasing use of bio-based alternatives
The key players of agrochemicals market profiled in this report are Agrium Inc., Bayer AG, BASF SE, Dow AgroSciences LLC, E. I. du Pont Nemours and Company, Monsanto Company, Sumitomo Chemical Co., Syngenta AG, The Mosaic Co., and Yara International ASA.
- Agrium Inc.
- Bayer AG
- BASF SE
- Dow AgroSciences LLC
- E. I. du Pont Nemours Company
- Monsanto Company
- Sumitomo Chemical Co.
- Syngenta AG
- The Mosaic Co.
- Yara International ASA.
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.