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
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
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
*Similar analysis will be provided for each company listed above.