Agrochemicals Industry Product, Regional, Application Outlook and Overview by 2025

Agrochemicals Industry Product, Regional, Application Outlook
and Overview by 2025
“Agrochemicals can be produced in biological and chemical
methods, both. The synthetic agrochemicals are threat for the
environment and hence biological fertilizers and pesticides are
progressively replacing them. The rising population and the
subsequent increase in the demand for food, limited agricultural
land.”
Global Agrochemicals Market is predicted to reach USD 308.92 billion by 2025 owing to the increase in demand
for crop protection chemicals like herbicides, fungicides, and insecticides. The use of agrochemicals are the
inorganic fertilizers and pesticides, which has rapidly increased with green revolution. Each fungicide, fertilizer,
hormone, insecticide or soil treatment that improves crop production is listed as an agrochemical.
Agrochemicals primarily manage the agricultural ecosystem. They also support crop production to satisfy the
ever-increasing population demand. However, few chemicals cause substantial ecological damage that may
significantly reduce their benefits.
Agrochemicals can be produced in biological and chemical methods, both. The synthetic agrochemicals are
threat for the environment and hence biological fertilizers and pesticides are progressively replacing them. The
rising population and the subsequent increase in the demand for food, limited agricultural land, soil
degradation, and increase in awareness of consumers about the benefits of agrochemicals are the factors driving
the growth of agrochemicals industry. In addition, the implementation of (IPM) integrated pest management; a
new method of crop production is yet another major improvement in the market that is sure to gain traction in
the forecast period.
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Integrated pest management is a prevention method that includes systematic resistance and suitable operation
design to create an unfriendly environment for pests. IPM comprises assessment, monitoring, and reporting
since it is an integration of several control methods. The method includes the application of pesticide when it is
most effective in a pest’s life cycle. Nevertheless, the pollution caused by the synthetic agrochemicals is
predicted to hinder the market in the near future. To sustain the intense competition in agrochemicals market,
the key players are adopting several strategies like expansions, collaborations, partnerships, product launches,
and patents.
At present, the agriculture sector is required to undergo technological transformations and adopt improved
methods that reduce dependency on monsoons and guarantee more productive use of the available resources,
that can serve the economy effectively. These factors highlight the importance of agrochemicals for improving
food and nutrition security for the economy. Furthermore, low yield per hectare as compared to the global
average and the increasing pest attacks reinforce the need for crop protection with the help of agrochemicals.
Also, the decreasing per capita farm land due to upsurge in urbanization and industrialization is another
dominant driver of agrochemicals industry. Additionally growth of floriculture & horticulture, increasing
farmers’ literacy rate and the increasing awareness of fertilizers and pesticides in major crop producing
economies is stimulating the market. Extensive research and development in the fields of bio-pesticides to
compete with organic farming and IPM (integrated pest management) is the latest trends in the agrochemicals
market.
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In spite of multiple benefits, agrochemicals come with certain environmental and health issues. Excessive use
of fertilizers contaminates the ground water with toxic chemicals like nitrate that reduces oxygen supply,
immobilization of hemoglobin in blood, etc. The pesticides also have significant impact on environment. The
harmful impact of these pesticides and others are major challenge in the agrochemicals industry. This effect also
demands extra efforts by the manufacturers and regulatory bodies to develop non-toxic herbicides and
pesticides. Such developments are further supported with rising consumer inclination towards organic foods.
Agrochemicals market is categorized on the basis of product type, application and geography. On the basis of
product type, the market is divided into pesticides and fertilizers. In terms of application, the industry is
segmented as Cereals and Grains, Oilseeds and Pulses, Vegetables and Fruits, etc. Geographically, the market is
segmented as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The prominent agrochemicals industry players comprise American Vanguard Corporation, ADAMA Agricultural
Solutions Ltd., ArystaLifescience Corp., Cf Industries, Inc., Drexel Chemical Co., PotashCorp, FMC Corporation,
Israel Chemicals Ltd., K+S AG, Uralkali, Nufarm Ltd., IFFCO, SQM, Haifa Group, Gharda Chemicals Limited, Valent
USA Corp., United Phosphorus, Ltd., RotamCropsciences, Inc., Qatar Fertiliser Co., Ltd., Koch Minerals Co., LLC,
and Zuari Agro Chemicals Ltd.

Market Segment:
Agrochemicals Product Outlook (Volume, Kilotons; Revenue, USD Billion; 2014 - 2025)
• Fertilizers
• Crop Protection Chemicals
• Plant Growth Regulators
• Others
Agrochemicals Application Outlook (Volume, Kilotons; Revenue, USD Billion; 2014 - 2025)
• Cereals & Grains
• Oilseeds & Pulses
• Fruits & Vegetables
• Others
Agrochemicals Regional Outlook (Volume, Kilotons; Revenue, USD Billion; 2014 - 2025)
• North America
• U.S.
• Europe
• Germany
• Spain
• Asia Pacific
• China
• India
• Central & South America
• Brazil

• Middle East & Africa
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