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Asia Pacific Agrochemical Intermediates Market By Product (Alkyl Amines, Amines, Aldehydes And Acids), By Type (Insecticides, Herbicides And Fungicides), And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2022 to 2027).

Published: March, 2023
ID: 4637
Pages: 145
Formats: report pdf report excel report power bi report ppt

Asia Pacific Agrochemical Intermediates Market Size, Growth, Trends and Forecast:

Asia Pacific Agrochemical Intermediates Market was worth USD xxx billion in 2021 and estimated to be growing at a CAGR of xxx%, 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.

Asia Pacific Agrochemical Intermediates Market Drivers:

The growth of the agrochemical intermediates market is mainly driven by is the increasing Asia Pacific 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 the technological advancements are further boosters for the market growth. Inspite of the above drivers, the market continues to be hampered by factors such as high prices, ecological concerns and lack of consumer awareness.

Asia Pacific Agrochemical Intermediates Market Segmentation:

Asia Pacific Agrochemical Intermediates Market - By Product:

  • Alkyl amines

  • Amines
  • Aldehydes
  • Acids

Asia Pacific Agrochemical Intermediates Market - By Type:

  • Insecticides
  • Herbicides
  • Fungicides

Geographical Analysis:

 Based on geography, the Asia-Pacific market is divided into

  • India
  • China
  • South Korea
  • Japan
  • Australia

Asia-Pacific is expected to grow rapidly in the coming years as is evident from the high CAGR value for the region. In addition to having the highest growth rate, the region also has the third highest market share. The rapid growth of the region can be attributed to the developing stature of countries such as India and China.

Major 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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