Agrochemical Tank Market - Forecast from 2026 to 2031

The agrochemical tank market is expected to grow at a 4.61% CAGR, increasing from USD 1.745 billion in 2025 to USD 2.287 billion in 2031.

The agrochemical tank market is experiencing steady growth driven by rising agricultural demands, increasing adoption of efficient storage solutions, and technological advancements in precision agriculture. The agricultural sector - consisting of farmers, gardeners, and crop production professionals - represents the primary market driver for agrochemical tanks. These tanks are crucial equipment for safely and effectively applying agrochemicals including insecticides, herbicides, and fertilizers in agricultural practices. By enabling exact and controlled agrochemical administration, reducing waste, and increasing chemical efficacy, these tanks are essential to modern agriculture. They support healthy plant growth and increase crop yields by assisting agricultural professionals in managing pests, diseases, weeds, and nutritional deficiencies effectively.

Primary Market Drivers

Water Storage Demand

The demand for agricultural water storage solutions is increasing market share. The necessity for effective water management in agriculture, increased food demand, and expanding populations are driving water storage tank demand. Growth in this field is also fueled by the agricultural sector's rise and the need for effective water storage systems. This market is anticipated to expand rapidly in the Asia-Pacific region due to massive agriculture industries in nations like China and India, where water management represents a critical challenge requiring scalable storage infrastructure.

Technological Innovation

Investing in cutting-edge technologies such as precision irrigation can help save water while boosting crop output. Precision irrigation systems provide focused water application, reducing waste and maximizing use of available water resources. This is especially useful in areas with scarce water supplies or where there is industry competition for water resources. IoT connectivity is effectively used in high-tech farming to give farmers instant access to detailed analytical information. Wide ranges of pertinent sources - such as drone surveillance and integrated sensors - can be used to collect large datasets in real time, enabling data-driven decision-making for agrochemical application.

Storage Capacity Requirements

The size category between 15,000 and 30,000 liters is anticipated to be the market's largest and fastest-growing. Larger capacity tanks are being sought by farmers and agribusinesses to store agrochemicals like fertilizers, insecticides, and herbicides in bulk. For these storage requirements, volumes in the range of 15,000 to 30,000 liters are adequate, enabling effective management and convenient access to necessary agrochemicals. This size range is adaptable and can be used for various agricultural business needs. Farmers can gather and store water for irrigation since it is appropriate for water storage across diverse farm operations.

Limited Water Availability Response

Due to limited water availability, tanks are being used increasingly in the agricultural sector. Tanks give farmers stable water sources for irrigation and other applications even during dry periods. As water needs become more pressing, tank usage is projected to expand, providing farmers with essential tools for ensuring crop viability. In arid and semi-arid regions where water is expensive and inconsistent, tanks are particularly common. In these areas, tanks are frequently used to store rainfall or irrigation system water, giving farmers steady water supplies even during droughts.

Capital Investment in Water Infrastructure

For farming operations to be sustainable and productive, there must be increased capital investment in agricultural water infrastructure. It can help with improving irrigation systems, preserving water resources, reducing farmer costs, and boosting climate change resilience of farming communities. For irrigation to be effective - essential for crop development in many locations - there must be adequate water infrastructure. Investment in water infrastructure can help farmers upgrade irrigation systems, resulting in better water resource utilization and higher crop yields. Infrastructure improvements can also help stop water loss from seepage and leaks, reducing the amount of water farmers need to pump to crops.

Vertical Tank Dominance

Agrochemical tank market size is expected to be dominated by vertical tanks, largely due to their effective storage capacity and affordable prices. These tanks are distinguished by tall and narrow shapes, making them perfect for storage in confined spaces. Vertical tanks are more convenient to build and maintain than other tank designs, which further increases their appeal to farmers and fuels demand. Vertical agrochemical tanks are becoming increasingly popular due to their affordability, space-saving design, simplicity of installation and maintenance, and availability in various sizes.

Regional Dynamics

During the projected period, the Asia-Pacific region is anticipated to lead the agrochemical tank market. Numerous significant causes - such as increases in global food consumption, expansion of the agriculture industry, and growing agrochemical use in the area - are related to this expansion. Rising popularity of these agrochemicals has boosted demand for storage solutions like agrochemical tanks. Some of the world's largest agricultural economies, notably China and India, are located in the Asia-Pacific region. Additionally, the Asia-Pacific region is home to some of the world's most cutting-edge agricultural practices and technologies. Precision agriculture is becoming increasingly common in the area, boosting demand for agrochemical tanks that can be quickly integrated into these systems.

Recent Developments

In February 2023, Jugaadu Kamlesh introduced Shark Tank, a pesticide spray cart for local use representing a more cost-effective and secure alternative to products currently on the market, demonstrating innovation in agrochemical application equipment design and accessibility.

The agrochemical tank market continues evolving, driven by agricultural intensification, water scarcity challenges, and the imperative to improve resource efficiency through precision agriculture technologies and optimized storage solutions.

Key Benefits of this Report:

• Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, and other sub-segments.
• Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
• Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape future market developments.
• Actionable Recommendations: Utilize the insights to exercise strategic decisions to uncover new business streams and revenues in a dynamic environment.
• Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.

What can this report be used for?

Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence.

Report Coverage:

• Historical data from 2021 to 2025 & forecast data from 2026 to 2031
• Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, and Trend Analysis
• Competitive Positioning, Strategies, and Market Share Analysis
• Revenue Growth and Forecast Assessment of segments and regions including countries
• Company Profiling (Strategies, Products, Financial Information, and Key Developments among others.

Agrochemical Tank Market Segmentation:

• By Size
  • 200-500
  • 500-1,000
  • 1,000-15,000
  • 15,000-30,000
  • 30,000 Liters
• By Application
  • Water Storage
  • Fertilizer Storage
  • Chemical Storage
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Thailand
    • Others