Market Overview

The Global Agrochemicals Market was valued at USD 231,049.0 million in 2023 and is expected to reach USD 294,966.9 million by 2031 while growing at a CAGR of 3.1% during the forecast period (2024-2031). 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global agrochemicals market growth. Agrochemicals, or agricultural chemicals, are vital substances in farming, used to improve crop yields, protect plants from pests and diseases, and enhance overall crop health. They encompass various types such as fertilizers, pesticides, herbicides, insecticides, fungicides, and plant growth regulators.

Continuous advancements in agricultural technologies, such as genetically modified (GM) crops, precision farming, and innovative crop protection methods, coupled with government initiatives and policies, drive the agrochemicals market. However, environmental concerns and stringent regulations pose challenges to market expansion.

Furthermore, the global agrochemicals industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Product Analysis

The Global Agrochemicals Market is segmented among Fertilizer, Crop Protection Chemicals, Plant Growth Regulators, and Others, based on Product. In 2023, Fertilizer accounted for the majority of the market share*. 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Application Analysis

The Global Agrochemicals Market is segmented among Cereal & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Others, based on Application. In 2023, Cereal & Grains accounted for the majority of the market share*. 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Agrochemicals Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while is North America expected to grow with the highest CAGR during the forecast period (2024 – 2031). 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Clariant AG, Solvay, Dow, Huntsman International LLC, Evonik Industries AG, BASF SE, Bayer AG, Nufarm, Croda International Plc, Helena Agri-Enterprises, LLC, FMC Corporation, Ashland Inc., Land O’ Lakes, Inc., Stepan Company, Ingevity, and ADAMA.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Agrochemicals Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Agrochemicals Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Agrochemicals Market Segmentation, By Product

• Global Agrochemicals Market Share Analysis, By Product

• Global Agrochemicals Market Growth Analysis, By Product

• Global Agrochemicals Market Trends, By Product

o Fertilizer

Ø Nitrogenous

Ø Phosphatic

Ø Potassic

Ø Secondary Fertilizers

Ø Others

o Crop Protection Chemicals

Ø Herbicides

Ø Insecticides

Ø Fungicides

Ø Others

o Plant Growth Regulators

o Others

6. Global Agrochemicals Market Segmentation, By Application

• Global Agrochemicals Market Share Analysis, By Application

• Global Agrochemicals Market Growth Analysis, By Application

• Global Agrochemicals Market Trends, By Application

o Cereal & Grains

o Oilseeds & Pulses

o Fruits & Vegetables

o Others

7. Global Agrochemicals Market Segmentation, By Region

• Global Agrochemicals Market Share Analysis, By Region

• Global Agrochemicals Market Growth Analysis, By Region

• Global Agrochemicals Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• Clariant AG *

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Solvay

• Dow

• Huntsman International LLC

• Evonik Industries AG

• BASF SE

• Bayer AG

• Nufarm

• Croda International Plc

• Helena Agri-Enterprises, LLC

• FMC Corporation

• Ashland Inc.

• Land O’ Lakes, Inc.

• Stepan Company

• Ingevity

• ADAMA

*Similar analysis will be provided for each company listed above.