The agrochemicals market generated revenue of $202,584 million in 2015 and is expected to reach $276,374 million by 2022

LONDON, Jan. 10, 2018 /PRNewswire/ -- Agrochemicals Market by Type (Fertilizers and Pesticides) - Global Opportunity Analysis and Industry Forecast, 2014-2022

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The agrochemicals market generated revenue of $202,584 million in 2015 and is expected to reach $276,374 million by 2022, registering a CAGR of 4.6%. The term agrochemicals defines a wide range of specifically engineered chemicals, such as pesticides, insecticides, fungicides, and others that effectively enhance the crop productivity by increasing soil fertility and protecting the crops against pests and weeds. Agrochemicals are further classified into synthetic, semi-synthetic, and bio-agrochemicals.

The major factors that drive the agrochemicals market include the growth in demand for food, soil degradation, and increased adoption of bio-agrochemicals. Rapid increase in population results in rise in demand for food on a global basis, thus surged the use of agrochemicals to enhance the crop productivity.

However, the presence of eco-friendly alternatives and increase in environmental concerns could hamper the market growth during the forecast period. In addition, significant growth opportunities are available in the market for the development of new and safe bio-based agrochemicals.

The global agrochemicals market is segmented on the basis of product type and geography. Based on product type, it is bifurcated into fertilizers and pesticides.

Fertilizers are further classified into synthetic fertilizers (nitrogenous, phosphatic, potassic, and others) and biofertilizers. The pesticides segment is further sub-segmented into herbicides, insecticides, fungicides, and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Comprehensive competitive analysis and profiles of the major market players include:
Agrium Inc.
American Vanguard Corporation.
BASF SE
Bayer AG
Cheminova
Chemtura Agrosolutions
Dow Agrosciences LLC
E. I.
Du Pont De Nemours and Company
FMC Corporation
Indian Farmers Fertilizer Cooperative Ltd. (IFFCO)
Israel Chemicals Ltd.
K+S AG
Nufarm Ltd.
Sociedad Quimica Y Minera De Chile S.A.
Sumitomo Chemical Co.
Syngenta AG
Sociedad Quimica Y Minera De Chile S.A.
The Mosaic Co.
Yara International ASA.

Key Benefits for Stakeholders
Quantitative analysis of the current market trends as well as future estimations in the global agrochemicals market are provided in the report.
The report entails major factors that drive and limit the market growth, along with the impact analysis of each.
Key companies of the agrochemicals market are profiled and their recent developments are listed to give a better understanding of the global competitive outlook.
Competitive intelligence highlights the business practices followed by leading players across various regions.

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

Other major players in the industry includes:
PotashCorp
Uralkali
ADAMA Agricultural Solutions Ltd.
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.
CF Industries, Inc.

*The above list of companies is not profiled in the report, and can be added based on client interest.

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