The global market for agricultural chemicals has grown steadily through the last couple of years.
Asia Pacific has been the front runner in the market when it comes to demand and is expected to account for over 70% of the industry demand in the future. Others that follow lead are Europe and North America respectively.
The market is distributed basically into two main segments i.e., the fertilizer nutrients market and the pesticide active ingredients market and key markets for these products remain the agricultural sector as well as households and various commercial and industrial users.
Major products in the market include fertilizers, pesticides (such as herbicides, insecticides and fungicides) as well as agricultural chemical products such as insect repellants, sheep dips, fly sprays, flea powders etc. Currently, the global market for agricultural chemicals accounts for almost $125 billion.
The leading revenue source for the global fertilizers and chemicals market is the nitrogenous fertilizers sector. As global populations rise and increase the requirement for agricultural outputs, it is expected that the volume of consumption of fertilizers and other agricultural chemicals will steadily increase.
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The growing need for crop protection in Latin America, especially Brazil, makes it a potentially lucrative region. However, increasing regulation all over the world is likely to impact the global production and consumption of fertilizers and agricultural chemicals.
BASF is the leader amongst all players when it comes to having the largest market share. Other prominent industry players include Dow Chemical, Monsanto Company, Cargill, Bayer, Syngenta AG, and others.
This research presents an analysis of the global agricultural chemical industry in its research offering Analyzing the Global Agricultural Chemicals Industry.
The report is a complete analysis of the agricultural chemicals industry worldwide. The report begins with an analysis of the industry through an industry definition. Following this, we analyze the global market for agricultural chemicals through a market overview and the global demand for fertilizer nutrients and pesticide active ingredients. A regional demand for agricultural chemicals is also looked at and the global industry is analyzed regionally by the market for fertilizer nutrients and pesticide active ingredients.
An analysis of the industry segments is carried out. Segments analyzed for the global fertilizer nutrients market include phosphate fertilizers, potash fertilizers, and nitrogen fertilizers. The segments analyzed for the global pesticide active ingredients market include fungicides, herbicides, and insecticides.
Factors driving the global agricultural chemicals market and the challenges facing the industry are analyzed in this report.
Moving on to the analysis of the industry by region, we firstly analyze the agricultural chemicals market in Asia Pacific, the leading market for agricultural chemicals in the world. The market is analyzed through a market overview, the demand for fertilizer nutrients and pesticide active ingredients in Asia Pacific, demand for agricultural chemicals in the region by country, and the market drivers and challenges.
An analysis of the major industry players is carried out through a corporate profile, a business segment analysis, financial analysis, and a SWOT analysis.
Summing up, the report is a complete analysis of the global agricultural industry - from market statistics to market forecast till 2019.