Agrochemical Intermediates Market was worth USD xx billion in 2021 and estimated to be growing at a CAGR of xx%, to reach USD xxx billion by 2026. Agrochemical Intermediates are widely used to manufacture pesticides such as insecticides, herbicides, and fungicides. Common examples of agrochemical intermediates are 2-Chloro-5-Chloro Methyl Pyridine, Diethyl Phosphorochloridothionate, 2-Chloropropionic Acid, 4-Fluorotoluene and 2-Chloro-6-(Trichloromethyl) Pyridine.
With a growing world population, emerging environmental concerns, and unforgiving climate changes the agricultural industry is being challenged to develop innovative and targeted solutions to help ensure the success of crops, livestock, and the land itself. To meet these demands several additives derived from agricultural intermediates are thrown into the fray.
Agrochemical Intermediates Market Drivers:
The growth of the agrochemical intermediates market is mainly driven by is the increasing global population. As the population continues to boom, it puts more pressure on the farmers to produce more per hectare. This promotes the use of chemical substances for boosting productivity and also minimizing crop loss to the elements and pests. The favourable government policies and technological advancements are further boosters for market growth. In spite of the above drivers, the market continues to be hampered by factors such as high prices, ecological concerns and lack of consumer awareness.
REPORT METRIC |
DETAILS |
Market Size Available |
2021– 2026 |
Base Year |
2021 |
Forecast Period |
2022 - 2027 |
CAGR |
xx% |
Segments Covered |
By Product, Type and Region |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders Profiled |
RohnerChem, Eastman, Arkema, AGC, Lonza, Sugai Chemical, Kuraray, BASF, Evonik, Air Water, Astec, WeylChem Group, DPx Fine Chemicals, Mitsubishi Corporation, and Sudarshan Chemical and Others. |
Agrochemical Intermediates Market Segmentation:
The Agrochemical Intermediates Market is dominated by North America in 2016 with the region accounting for 36% of the overall market share. North America was followed next in line by Europe and Asia-Pacific. Asia-Pacific is expected to grow rapidly in the coming years as is evident from the high CAGR value for the region. Another promising region for the market is Latin America, which is expected to show high growth rates in the coming years.
Key Players:
The Agrochemical Intermediates market is highly competitive with a large number of players. Key market players dominating the market with their products are RohnerChem, Eastman, Arkema, AGC, Lonza, Sugai Chemical, Kuraray, BASF, Evonik, Air Water, Astec, WeylChem Group, DPx Fine Chemicals, Mitsubishi Corporation, and Sudarshan Chemical.
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