Global Agrochemicals Market is expected to reach USD 275.9 Bn by 2027

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Global Agrochemicals Market is expected to reach
USD 275.9 Bn by 2027

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Agrochemicals Market Summary

• The Global Agrochemicals Market was valued at USD
  203.3 Bn in 2020, and is expected to reach USD
  275.9 Bn by 2027, expanding at a CAGR of
  4.6 during the forecast period.
• The rapidly increasing world population has risen
  the demand for food production and consequently
  driving the growth in the agrochemicals market.
  According to World Bank, the world population
  increased from 6.9 Bn in 2010 and reached 7.7 Bn
  in 2020. Therefore, to meet the food requirements
  of such a rapidly growing population,
  agrochemical products are widely being deployed
  in the agricultural sector. 

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Agrochemicals Market Key Vendors

• Bayer AG
• Agrium Inc.
• BASF SE
• E. I. du Pont Nemours and Company
• Dow AgroSciences LLC
• Sumitomo Chemical Co.
• Monsanto Company
• Yara International ASA
• Others

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Major Regions Covered in Report

• Regional Overview Analysis of Wall Coverings
  Market
• North America (US and Canada)
• Europe (UK, Germany, France and Rest of Europe)
• Asia Pacific (China, Japan, India and Rest of
  Asia Pacific)
• Latin America (Brazil, Mexico and Rest of Latin
  America)
• Middle East Africa (GCC and Rest of Middle East
  Africa)
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  m/speak-to-analyst/107

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Agrochemicals Market Segmentations

• By Product

• By Form

• Other Top Players

• Fertilizers
• Synthetic Fertilizers
• Phosphatic
• Potassic
• Biofertilizers
• Pesticides
• Insecticides
• Herbicides
•  Fungicides
• Others (Adjuvants, Plant Growth Regulators)

• Crop Based
• Grains and Cereals
• Pulses and Oilseeds
• Fruits and Vegetables
• Non-Crop Based
• Turf and Ornamental Grass 
• Other Non-crop based

• Uralkali
• ADAMA Agricultural Solutions Ltd.
• Nufarm Ltd.
• American Vanguard Corporation
• Haifa Group
• Zuari Agro Chemicals Ltd.
• Gharda Chemicals Limited
• Valent USA Corp.
• United Phosphorus, Ltd

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Recent News Agrochemicals Market Report

• In June 2021, Coromandel International, a company
  that manufactures and markets a wide range of
  fertilizers announced the launch of six new
  products including 1 Herbicide, 1 Fungicide, and
  4 Insecticide. With the launch of these products,
  the company aims at becoming a value-based
  solution provider to farmers and improving its
  portfolio in crop protection.
• In April 2020, Sumitomo Chemical, a major
  Japanese chemical company announced the
  acquisition of four South American subsidiaries
  of Nufarm. With this acquisition, the company
  plans to build its in-house sales system for crop
  protection chemicals in Latin America, including
  Brazil.
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