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Agrochemicals Market by Type (Fertilizers and Pesticides): Global Opportunity Analysis and Industry Forecast, 2019-2026

MA_17532
Pages: 170
Dec 2019 | 10795 Views
 
Author(s) : Shruti Hariharan , Eswara Prasad
Tables: 114
Charts: NA
 

Agrochemicals Market Outlook - 2026

Agrochemicals market size is expected to reach $336.4 million by the end of 2026, registering a CAGR of 4.2%. 

Agrochemicals are specially engineered chemical products for use in agriculture in order to enhance crop productivity and protect the crops from pests, insects, weeds, fungi, and others. Agrochemicals can be produced in both, chemical as well as biological methods. Synthetic agrochemicals are a threat for the environment and are gradually being replaced by bio-based pesticides and fertilizers. Considering the current global population scenario, it is of extreme importance to increase the production of crops within the present arable land in order to feed the global population. Thus, agrochemicals play an important role in the agriculture industry, assisting farmers in enhancing their crop quality as well as quantity.

Agrochemicals Market

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The global agrochemicals market is segmented based on type and geography. According to the type, agrochemicals can be categorized into fertilizers and pesticides. Fertilizers are expected to dominate the agrochemicals market. The major nutrients present in the fertilizers are categorized into micronutrients and macronutrients. N, K, and P are macronutrients that are essential for the growth of the plant. All other nutrients are micronutrients that are required by the plants in small amounts. Commercial fertilizers are applied to plants or soil as supplements when the soil is not able to provide the required amount of nutrients naturally. 

Fertilizers can be further classified into synthetic and biofertilizers. Synthetic fertilizers can be further divided into nitrogenous, phosphatic, and potassic fertilizers. Based on pesticides, they are categorized into insecticides, fungicides, and herbicides, which include synthetic and bio-based. Bioherbicides are biologically derived or bio-based weed control solutions that do not pose any serious harm to the environment. Bioherbicides are based upon microorganisms such as viruses, bacteria, protozoa, fungi, and certain insects. Bioherbicides that use fungi as their active ingredient, are usually referred to as mycoherbicides.
 
Globally, the agrochemicals market is segmented across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific accounted for the largest share of agrochemicals market, owing to high agricultural activities in this region. However, France is the largest agrochemicals market in Europe. 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.

France Review

France accounted for the highest agrochemicals market share of agrochemicals in the European market in the year 2018. However, the country is expected to witness a slowdown in agrochemical sales over the forecast period owing to the stringent governmental regulations on use of synthetic pesticides.

Key players profiled in this report include Agrium Inc. (Canada), Bayer AG (Germany), BASF SE (Germany), Dow AgroSciences LLC (U.S.), E. I. du Pont Nemours and Company (U.S.), Monsanto Company (U.S.), Sumitomo Chemical Co. (Japan), Syngenta AG (Switzerland), The Mosaic Co. (U.S.), and Yara International ASA (Norway).

Other players in the value chain include PotashCorp, FMC Corporation, Israel Chemicals Ltd., K+S AG, Uralkali, ADAMA Agricultural Solutions Ltd., Nufarm Ltd., IFFCO, SQM, American Vanguard Corporation, Haifa Group, Zuari Agro Chemicals Ltd., Gharda Chemicals Limited, Valent USA Corp., United Phosphorus, Ltd., Rotam Cropsciences, Inc., Qatar Fertiliser Co., Ltd., Koch Minerals Co., LLC, Arysta Lifescience Corp., Drexel Chemical Co., and Cf Industries, Inc.

Key Benefits for Agrochemicals Market :

  • Comprehensive analysis of the drivers and restraints affecting the agrochemicals market growth are provided, along with their impact on agrochemicals market analysis.
  • The report provides a quantitative analysis of the current market and future estimations through 2019-2026 to assist the stakeholders in identifying prevalent agrochemicals market opportunities.
  • Key players of the agrochemicals market are profiled and their strategies are analyzed to identify the global competitive outlook.
  • Top investment pockets showcase the opportunity in the most lucrative product segment.

Agrochemicals Market Segments:

By Type

  • Fertilizers
    • Synthetic Fertilizers
      • Nitrogenous
      • Urea
      • Ammonia
      • Calcium Ammonium Nitrate
      • Other Nitrogenous Fertilizers
    • Phosphatic
      • Di-Ammonium Phosphate (DAP)
      • Mono-Ammonium Phosphate (MAP)
      • Triple Superphosphate (TSP)
      • Other Phosphatic Fertilizers
    • Potassic
      • Potassium Chloride
      • Potassium Sulfate
      • Potassium Magnesium Sulfate
      • Others
    • Biofertlizers
  • Pesticides
    • Herbicides
      • Synthetic Herbicides
        • Glyphosate
        • Atrazine
        • Acetochlor
        • 2,4-D
        • Paraquat
        • Others
      • Bio-Herbicides
    • Insecticides
      • Synthetic Insecticides
        • Organophosphates
        • Pyrethroids
        • Methyl Carbamates
        • Neonicotinoids
        • Others
      • Bio-Insecticides
    • Fungicides
      • Synthetic Fungicides
        • Dithiocarbamates
        • Benzimidazoles
        • Chloronitriles
        • Triazoles
        • Phenylamides
        • Strobilurins
        • Others
      • Bio-Fungicides

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Australia
    • India
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Argentina
    • Rest of LAMEA
 

CHAPTER 1 INTRODUCTION

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

3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities

3.5. EMERGING TRENDS IN AGROCHEMICALS MARKET
3.6. REGULATION ANALYSIS

3.6.1. Global Fertilizer Regulations

3.6.1.1. North America
3.6.1.2. Europe
3.6.1.3. Asia-Pacific

3.6.2. Global Pesticides Regulations

3.6.2.1. U.S.
3.6.2.2. International

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. OVERVIEW

4.1.1. Market Size and Forecast

4.2. FERTILIZER

4.2.1. Synthetic Fertilizers

4.2.1.1. Nitrogenous

4.2.1.1.1. Urea
4.2.1.1.2. Ammonia
4.2.1.1.3. Calcium Ammonium Nitrate
4.2.1.1.4. Others

4.2.1.2. Phosphatic

4.2.1.2.1. DAP
4.2.1.2.2. MAP
4.2.1.2.3. TSP
4.2.1.2.4. Others

4.2.1.3. Potassic

4.2.1.3.1. Potassium Chloride
4.2.1.3.2. Potassium Sulfate
4.2.1.3.3. Potassium Magnesium Sulfate

4.2.1.3.4. Others

4.2.1.4. Key Market Trends, Growth Factors, and Opportunities
4.2.1.5. Market Size and Forecast

4.2.2. Biofertilizers

4.2.2.1. Key Market Trends, Growth Factors, and Opportunities
4.2.2.2. Market Size and Forecast

4.3. PESTICIDES

4.3.1. Herbicides

4.3.1.1. Synthetic Herbicides

4.3.1.1.1. Glyphosate
4.3.1.1.2. Atrazine
4.3.1.1.3. Acetochlor
4.3.1.1.4. 2,4-D
4.3.1.1.5. Paraquat
4.3.1.1.6. Others

4.3.1.2. Bioherbicides
4.3.1.3. Key Market Trends, Growth Factors, and Opportunities
4.3.1.4. Market Size and Forecast

4.3.2. Insecticides

4.3.2.1. Synthetic Insecticides

4.3.2.1.1. Organophosphates
4.3.2.1.2. Pyrethroids
4.3.2.1.3. Methyl carbamate
4.3.2.1.4. Neonicotinoids
4.3.2.1.5. Others

4.3.2.2. Bioinsecticides
4.3.2.3. Key Market Trends, Growth Factors, and Opportunities
4.3.2.4. Market Size and Forecast

4.3.3. Fungicides

4.3.3.1. Synthetic Fungicides

4.3.3.1.1. Dithiocarbamates
4.3.3.1.2. Benzimidazoles
4.3.3.1.3. Chloronitriles
4.3.3.1.4. Triazoles
4.3.3.1.5. Phenylamides
4.3.3.1.6. Strobilurins
4.3.3.1.7. Others

4.3.3.2. Bio fungicides
4.3.3.3. Key Market Trends, Growth Factors, and Opportunities
4.3.3.4. Market Size and Forecast

4.3.4. Others

4.3.4.1. Key Market Trends, Growth Factors, and Opportunities
4.3.4.2. Market Size and Forecast

CHAPTER 5 AGROCHEMICALS MARKET, BY REGION

5.1. OVERVIEW

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
5.2.3. U.S.
5.2.4. Canada
5.2.5. Mexico

5.3. EUROPE

5.3.1. Key Market Trends, Growth Factors, and Opportunities
5.3.2. Market Size and Forecast
5.3.3. France
5.3.4. Germany
5.3.5. Italy
5.3.6. Spain
5.3.7. Rest of Europe

5.4. ASIA-PACIFIC

5.4.1. Key Market Trends, Growth Factors, and Opportunities
5.4.2. Market Size and Forecast
5.4.3. India
5.4.4. China
5.4.5. Australia
5.4.6. Rest of Asia-Pacific

5.5. LAMEA

5.5.1. Key Market Trends, Growth Factors, and Opportunities
5.5.2. Market Size and Forecast
5.5.3. Brazil
5.5.4. Argentina
5.5.5. Rest of LAMEA

CHAPTER 6 COMPANY PROFILES

6.1. AGRIUM INC.

6.1.1. Overview
6.1.2. Operating Business Segments
6.1.3. Business Performance
6.1.4. Key Strategic Moves and Developments

6.2. BASF SE

6.2.1. Overview
6.2.2. Operating Business Segments
6.2.3. Business Performance
6.2.4. Key Strategic Moves and Developments

6.3. BAYER AG

6.3.1. Overview
6.3.2. Operating Business Segments
6.3.3. Business Performance
6.3.4. Key Strategic Moves and Developments

6.4. DOW AGROSCIENCES LLC

6.4.1. Overview
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

6.5.1. Overview
6.5.2. Operating Business Segments
6.5.3. Business Performance
6.5.4. Key Strategic Moves and Developments

6.6. MONSANTO COMPANY

6.6.1. Overview
6.6.2. Operating Business Segments
6.6.3. Business Performance
6.6.4. Key Strategic Moves and Developments

6.7. SUMITOMO CHEMICAL CO.

6.7.1. Overview
6.7.2. Operating Business Segments
6.7.3. Business Performance
6.7.4. Key Strategic Moves and Developments

6.8. SYNGENTA AG

6.8.1. Overview
6.8.2. Operating Business Segments
6.8.3. Business Performance
6.8.4. Key Strategic Moves and Developments

6.9. THE MOSAIC CO.

6.9.1. Overview
6.9.2. Operating Business Segments
6.9.3. Business Performance
6.9.4. Key Strategic Moves and Developments

6.10. YARA INTERNATIONAL ASA

6.10.1. Overview
6.10.2. Operating Business Segments
6.10.3. Business Performance
6.10.4. Key Strategic Moves and Developments

LIST OF TABLES

TABLE 1.    AGROCHEMICALS MARKET VOLUME, BY TYPE, 2018-2026 (KILOTONS)
TABLE 2.    AGROCHEMICALS MARKET REVENUE, BY TYPE, 2018-2026 ($MILLION)
TABLE 3.    FERTILIZERS MARKET VOLUME, BY TYPE, 2018-2026 (KILOTONS)
TABLE 4.    FERTILIZERS MARKET REVENUE, BY TYPE, 2018-2026 ($MILLION)
TABLE 5.    FERTILIZERS MARKET VOLUME, BY REGION, 2018-2026 (KILOTONS)
TABLE 6.    FERTILIZERS MARKET REVENUE, BY REGION, 2018-2026 ($MILLION)
TABLE 7.    NITROGENOUS FERTILIZERS MARKET VOLUME, BY TYPE, 2018-2026 (KILOTONS)
TABLE 8.    NITROGENOUS FERTILIZERS MARKET REVENUE, BY TYPE, 2018-2026 ($MILLION)
TABLE 9.    NITORGENOUS FERTILIZERS MARKET VOLUME, BY REGION, 2018-2026 (KILOTONS)
TABLE 10.    NITROGENOUS FERTILIZERS MARKET REVENUE, BY REGION, 2018-2026 ($MILLION)
TABLE 11.    PHOSPHATIC FERTILIZERS MARKET VOLUME, BY TYPE, 2018-2026 (KILOTONS)
TABLE 12.    PHOSPHATIC FERTILIZERS MARKET REVENUE, BY TYPE, 2018-2026 ($MILLION)
TABLE 13.    PHOSPHATIC FERTILIZERS MARKET VOLUME, BY REGION, 2018-2026 (KILOTONS)
TABLE 14.    PHOSPHATIC FERTILIZERS MARKET REVENUE, BY REGION, 2018-2026 ($MILLION)
TABLE 15.    POTASSIC FERTILIZERS MARKET VOLUME, BY TYPE, 2018-2026 (KILOTONS)
TABLE 16.    POTASSIC FERTILIZERS MARKET REVENUE, BY TYPE, 2018-2026 ($MILLION)
TABLE 17.    POTASSIC FERTILIZERS MARKET VOLUME, BY REGION, 2018-2026 (KILOTONS)
TABLE 18.    POTASSIC FERTILIZERS MARKET REVENUE, BY REGION, 2018-2026 ($MILLION)
TABLE 19.    SYNTHETIC FERTILIZERS MARKET VOLUME, BY TYPE, 2018-2026 (KILOTONS)
TABLE 20.    SYNTHETIC FERTILIZERS MARKET REVENUE, BY TYPE, 2018-2026 ($MILLION)
TABLE 21.    SYNTHETIC FERTILIZERS MARKET VOLUME, BY REGION, 2018-2026 (KILOTONS)
TABLE 22.    SYNTHETIC FERTILIZERS MARKET REVENUE, BY REGION, 2018-2026 ($MILLION)
TABLE 23.    BIOFERTILIZERS MARKET VOLUME, BY REGION, 2018-2026 (KILOTONS)
TABLE 24.    BIOFERTILIZERS MARKET REVENUE, BY REGION, 2018-2026 ($MILLION)
TABLE 25.    PESTICIDES MARKET VOLUME, BY TYPE, 2018-2026 (KILOTONS)
TABLE 26.    PESTICIDES MARKET REVENUE, BY TYPE, 2018-2026 ($MILLION)
TABLE 27.    PESTICIDES MARKET VOLUME, BY REGION, 2018-2026 (KILOTONS)
TABLE 28.    PESTICIDES MARKET REVENUE, BY REGION, 2018-2026 ($MILLION)
TABLE 29.    SYNTHETIC HERBICIDES MARKET VOLUME, BY TYPE, 2018-2026 (KILOTONS)
TABLE 30.    SYNTHETIC HERBICIDES MARKET REVENUE, BY TYPE, 2018-2026 ($MILLION)
TABLE 31.    SYNTHETIC HERBICIDES MARKET VOLUME, BY REGION, 2018-2026 (KILOTONS)
TABLE 32.    SYNTHETIC HERBICIDES MARKET REVENUE, BY REGION, 2018-2026 ($MILLION)
TABLE 33.    BIOHERBICIDES MARKET VOLUME, 2018-2026 (KILOTONS)
TABLE 34.    BIOHERBICIDES MARKET REVENUE, 2018-2026 ($MILLION)
TABLE 35.    HERBICIDES MARKET VOLUME, BY TYPE, 2018-2026 (KILOTONS)
TABLE 36.    HERBICIDES MARKET REVENUE, BY TYPE, 2018-2026 ($MILLION)
TABLE 37.    HERBICIDES MARKET VOLUME, BY REGION, 2018-2026 (KILOTONS)
TABLE 38.    HERBICIDES MARKET REVENUE, BY REGION, 2018-2026 ($MILLION)
TABLE 39.    SYNTHETIC INSECTICIDES MARKET VOLUME, BY TYPE, 2018-2026 (KILOTONS)
TABLE 40.    SYNTHETIC INSECTICIDES MARKET REVENUE, BY TYPE, 2018-2026 ($MILLION)
TABLE 41.    SYNTHETIC INSECTICIDES MARKET VOLUME, BY REGION, 2018-2026 (KILOTONS)
TABLE 42.    SYNTHETIC INSECTICIDES MARKET REVENUE, BY REGION, 2018-2026 ($MILLION)
TABLE 43.    BIOINSECTICIDES MARKET VOLUME, 2018-2026 (KILOTONS)
TABLE 44.    BIOINSECTICIDES MARKET REVENUE, 2018-2026 ($MILLION)
TABLE 45.    INSECTICIDES MARKET VOLUME, BY TYPE, 2018-2026 (KILOTONS)
TABLE 46.    INSECTICIDES MARKET REVENUE, BY TYPE, 2018-2026 ($MILLION)
TABLE 47.    INSECTICIDES MARKET VOLUME, BY REGION, 2018-2026 (KILOTONS)
TABLE 48.    INSECTICIDES MARKET REVENUE, BY REGION, 2018-2026 ($MILLION)
TABLE 49.    SYNTHETIC FUNGICIDES MARKET VOLUME, BY TYPE, 2018-2026 (KILOTONS)
TABLE 50.    SYNTHETIC FUNGICIDES MARKET REVENUE, BY TYPE, 2018-2026 ($MILLION)
TABLE 51.    SYNTHETIC FUNGICIDES MARKET VOLUME, BY REGION, 2018-2026 (KILOTONS)
TABLE 52.    SYNTHETIC FUNGICIDES MARKET REVENUE, BY REGION, 2018-2026 ($MILLION)
TABLE 53.    BIOFUNGICIDES MARKET VOLUME, 2018-2026 (KILOTONS)
TABLE 54.    BIOFUNGICIDES MARKET REVENUE, 2018-2026 ($MILLION)
TABLE 55.    FUNGICIDES MARKET VOLUME, BY TYPE, 2018-2026 (KILOTONS)
TABLE 56.    FUNGICIDES MARKET REVENUE, BY TYPE, 2018-2026 ($MILLION)
TABLE 57.    FUNGICIDES MARKET VOLUME, BY REGION, 2018-2026 (KILOTONS)
TABLE 58.    FUNGICIDES MARKET REVENUE, BY REGION, 2018-2026 ($MILLION)
TABLE 59.    OTHER PESTICIDES MARKET VOLUME, BY REGION, 2018-2026 (KILOTONS)
TABLE 60.    OTHER PESTICIDES MARKET REVENUE, BY REGION, 2018-2026 ($MILLION)
TABLE 61.    AGROCHEMICALS MARKET VOLUME, BY REGION, 2018-2026 (KILOTONS)
TABLE 62.    AGROCHEMICALS MARKET REVENUE, BY REGION, 2018-2026 ($MILLION)
TABLE 63.    NORTH AMERICA AGROCHEMICALS MARKET VOLUME, BY TYPE, 2018-2026 (KILOTONS)
TABLE 64.    NORTH AMERICA AGROCHEMICALS MARKET REVENUE, BY TYPE, 2018-2026 ($MILLION)
TABLE 65.    NORTH AMERICA FERTILIZERS MARKET VOLUME, BY TYPE, 2018-2026 (KILOTONS)
TABLE 66.    NORTH AMERICA FERTILIZERS MARKET REVENUE, BY TYPE, 2018-2026 ($MILLION)
TABLE 67.    NORTH AMERICA PESTICIDES MARKET VOLUME, BY TYPE, 2018-2026 (KILOTONS)
TABLE 68.    NORTH AMERICA PESTICIDES MARKET REVENUE, BY TYPE, 2018-2026 ($MILLION)
TABLE 69.    NORTH AMERICA AGROCHEMICALS MARKET VOLUME, BY COUNTRY, 2018-2026 (KILOTONS)
TABLE 70.    NORTH AMERICA AGROCHEMICALS MARKET REVENUE, BY COUNTRY, 2018-2026 ($MILLION)
TABLE 71.    EUROPE AGROCHEMICALS MARKET VOLUME, BY TYPE, 2018-2026 (KILOTONS)
TABLE 72.    EUROPE AGROCHEMICALS MARKET REVENUE, BY TYPE, 2018-2026 ($MILLION)
TABLE 73.    EUROPE FERTILIZERS MARKET VOLUME, BY TYPE, 2018-2026 (KILOTONS)
TABLE 74.    EUROPE FERTILIZERS MARKET REVENUE, BY TYPE, 2018-2026 ($MILLION)
TABLE 75.    EUROPE PESTICIDES MARKET VOLUME, BY TYPE, 2018-2026 (KILOTONS)
TABLE 76.    EUROPE PESTICIDES MARKET REVENUE, BY TYPE, 2018-2026 ($MILLION)
TABLE 77.    EUROPE AGROCHEMICALS MARKET VOLUME, BY COUNTRY, 2018-2026 (KILOTONS)
TABLE 78.    EUROPE AGROCHEMICALS MARKET REVENUE, BY COUNTRY, 2018-2026 ($MILLION)
TABLE 79.    ASIA-PACIFIC AGROCHEMICALS MARKET VOLUME, BY TYPE, 2018-2026 (KILOTONS)
TABLE 80.    ASIA-PACIFIC AGROCHEMICALS MARKET REVENUE, BY TYPE, 2018-2026 ($MILLION)
TABLE 81.    ASIA-PACIFIC FERTILIZERS MARKET VOLUME, BY TYPE, 2018-2026 (KILOTONS)
TABLE 82.    ASIA-PACIFIC FERTILIZERS MARKET REVENUE, BY TYPE, 2018-2026 ($MILLION)
TABLE 83.    ASIA-PACIFIC PESTICIDES MARKET VOLUME, BY TYPE, 2018-2026 (KILOTONS)
TABLE 84.    ASIA-PACIFIC PESTICIDES MARKET REVENUE, BY TYPE, 2018-2026 ($MILLION)
TABLE 85.    ASIA-PACIFIC AGROCHEMICALS MARKET VOLUME, BY COUNTRY, 2018-2026 (KILOTONS)
TABLE 86.    ASIA-PACIFIC AGROCHEMICALS MARKET REVENUE, BY COUNTRY, 2018-2026 ($MILLION)
TABLE 87.    LAMEA AGROCHEMICALS MARKET VOLUME, BY TYPE, 2018-2026 (KILOTONS)
TABLE 88.    LAMEA AGROCHEMICALS MARKET REVENUE, BY TYPE, 2018-2026 ($MILLION)
TABLE 89.    LAMEA FERTILIZERS MARKET VOLUME, BY TYPE, 2018-2026 (KILOTONS)
TABLE 90.    LAMEA FERTILIZERS MARKET REVENUE, BY TYPE, 2018-2026 ($MILLION)
TABLE 91.    LAMEA PESTICIDES MARKET VOLUME, BY TYPE, 2018-2026 (KILOTONS)
TABLE 92.    LAMEA PESTICIDES MARKET REVENUE, BY TYPE, 2018-2026 ($MILLION)
TABLE 93.    LAMEA AGROCHEMICALS MARKET VOLUME, BY COUNTRY, 2018-2026 (KILOTONS)
TABLE 94.    LAMEA AGROCHEMICALS MARKET REVENUE, BY COUNTRY, 2018-2026 ($MILLION)
TABLE 95.    COMPANY SNAPSHOT: AGRIUM
TABLE 96.    OPERATING BUSINESS SEGMENTS: AGRIUM
TABLE 97.    COMPANY SNAPSHOT: BASF
TABLE 98.    OPERATING BUSINESS SEGMENTS: BASF
TABLE 99.    COMPANY SNAPSHOT: BAYER
TABLE 100.    OPERATING BUSINESS SEGMENTS: BAYER
TABLE 101.    COMPANY SNAPSHOT: DOW
TABLE 102.    OPERATING BUSINESS SEGMENTS: DOW
TABLE 103.    COMPANY SNAPSHOT: DU PONT
TABLE 104.    OPERATING BUSINESS SEGMENTS: DU PONT
TABLE 105.    COMPANY SNAPSHOT: MONSANTO
TABLE 106.    OPERATING BUSINESS SEGMENTS: MONSANTO
TABLE 107.    COMPANY SNAPSHOT: SUMITOMO
TABLE 108.    OPERATING BUSINESS SEGMENTS: SUMITOMO
TABLE 109.    COMPANY SNAPSHOT: SYNGENTA
TABLE 110.    OPERATING BUSINESS SEGMENTS: SYNGENTA
TABLE 111.    COMPANY SNAPSHOT: THE MOSAIC CO.
TABLE 112.    OPERATING BUSINESS SEGMENTS: THE MOSAIC CO.
TABLE 113.    COMPANY SNAPSHOT: YARA
TABLE 114.    OPERATING BUSINESS SEGMENTS: YARA

 

 
 

Innovation and development of novel bio-based fertilizers and pesticides has created numerous opportunities for the growth of agrochemicals market. The excess use of synthetic agrochemicals causes eutrophication and restricts the flow of oxygen into the water bodies, thereby killing the aquatic habitat. Therefore, to minimize the harmful effects of agrochemicals on the environment, bio-based agrochemicals are gradually replacing the synthetic chemical-based fertilizers and pesticides.

Geographically, the agrochemicals market is segmented across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific holds the majority share in the agrochemicals market, both in terms of revenue and volume; and is anticipated to maintain this trend throughout the analysis period. This is attributed to the abundant availability of land for agricultural practices as well as the presence of highly populous nations in this region such as India and China.

Asia-Pacific was followed by Europe that accounted for one-fifth of the total market in 2015. Due to the increasing health and environmental concerns, Europe witnessed the ban of some harmful pesticides and fertilizers. However, LAMEA is projected to be the fastest growing region, throughout the forecast period, owing to the increase in agricultural practices in this region.

 

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