China Pesticide Industry Report 2015 - Forecasts to 2018

Nov 12, 2015, 15:23 ET from Research and Markets

DUBLIN, Nov. 12, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/bmx4xc/china_pesticide) has announced the addition of the "China Pesticide Industry Report, 2015-2018" report to their offering.

Pesticide is one of the most important methods to intensify production in current global agricultural development. Pesticide production mainly consists of three sectors, namely pesticide intermediates, API synthesis and preparation processing.

In 2006-2014, China's output of pesticide API (converting into active ingredient 100%) grew at a CAGR of 14.2%. The output is expected to reach 3.66 million tons in 2015. China's pesticide API production is mainly concentrated in Jiangsu, Shandong, Henan and Zhejiang, which contributed nearly 70% to the total output in 2014.

Pesticide preparations include herbicides, insecticides and fungicides. In 2006-2014, the proportion of herbicides in Chinese pesticide preparations ascended dramatically, while the share of insecticides kept declining, and the proportion of fungicides remained unchanged. In 2015, China will produce 1.75 million tons of herbicides, 530 kilotons of insecticides and 180 kilotons of fungicides.

China is not only a big pesticide producer and consumer, but also a key exporter. In 2010-2014, China's pesticide export volume grew at a CAGR of 17.3%; the volume is estimated to hit 1.3 million tons in 2015. However, China's pesticide export price is far lower than the import price, mainly because the country imports innovative medicines while exports API and generic drugs in most cases.

Global pesticide players could be divided into two types, namely, R&D oriented and overdue patent oriented. The former mainly covers Syngenta, DOW, BASF, Bayer and Monsanto. Chinese pesticide companies, featured with small scale and weak technology, are mostly overdue patent oriented and engaged in API and generic drugs.

Now, there are over 2,000 pesticide manufacturers in China, indicating extremely low market concentration. The main listed companies embrace Red Sun, Zhejiang Xinan Chemical Industrial Group, Jiangsu Yangnong Chemical, Jiangsu Huifeng Agrochemical, Noposion Agrochemicals and so on. In 2015, numerous Chinese pesticide companies enter the capital market, such as Sichuan Guoguang Agrochemical, Limin Chemical and Guangxin Agrochemical. In addition, a number of pesticide companies represented by Jiangsu Flag Chemical Industry, Suli Chemical and the like intend to go public.

Key Topics Covered:

1. Overview of Pesticide Industry

2. Status Quo of China Pesticide Industry

3. Development Environment of China Pesticide Industry

4. Development Outlook of China Pesticide Industry

5. Major Chinese Pesticide Players

6. Summary and Forecast

Companies Mentioned

- ENN Group - HUBEI SANONDA - Hunan Haili Chemical - Jiangsu Changqing Agrichemical - Jiangsu Huifeng Agrochemical - Jiangsu Yangnong Chemical - Lanfeng Biochemical - Lianhe Chemical Technology - Lier Chemical - Limin Chemical - NANJING RED SUN - Nantong Jiangshan Agrochemical & Chemicals - Noposion Agrochemicals - Sichuan Guoguang Agrochemical - Zhejiang Shenghua Biok Biology - Zhejiang Xin'an Chemical Industrial Group

For more information visit http://www.researchandmarkets.com/research/bmx4xc/china_pesticide

Media Contact:

Laura Wood, +353-1-481-1716, press@researchandmarkets.net

 

SOURCE Research and Markets



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