Industry Insights
Global crop protection chemicals market size was estimated at USD 53.6 billion in 2014. Rapidly increasing population, increasing awareness regarding food & health safety, reduced arable land and necessity for enhanced crop yield is expected to drive demand over the forecast period.
Consumer awareness regarding food safety and environmental concern has resulted in increased demand for Biopesticides. Moreover, with phasing out of certain pesticides including glyphosate, atrazine, and chlorpyrifos, the demand for biopesticides is expected to increase in the near future.
Biopesticides are primarily derived from plants, animals, bacteria and certain minerals and control pests by nontoxic mechanisms. Furthermore, the volume required per hectare of land is less and is highly effective as compared to its counterparts, which is likely to propel demand for the product over the next seven years.
Stringent regulations against the use of synthetic pesticides owing to adverse environmental impact are expected to hamper market growth. Majority of the products are closely regulated by major regulatory bodies including U.S. EPA as well as the European Commission.
Global demand for herbicides was valued at USD 17.0 billion in 2014. Herbicides are the most widely used product owing to its market dominance in North America and Europe. Favorable climatic conditions coupled with enhanced properties including selective killing of unwanted weeds is expected to drive market demand over the forecast period.
Fungicides accounted for over 22.7% of the global industry volume in 2014. Rising demand for fungicides across all the major regions owing to favorable climatic conditions promoting fungal growth is expected to propel demand for the compound over the next seven years. Fungicides are classified as eradicants and protectants. Eradicants eliminate the fungal growth affecting the plants; whereas protectants prevent the fungal growth in plants and are the most widely used fungicides across the globe.
Application Insights
Cotton was the largest application segment which was valued at USD 12.65 billion in 2014. Growing demand for agrochemicals in cotton coupled with growing cotton production in Asia Pacific and ROW is expected to have a positive impact towards market growth. Cotton plantation has been affected by severe drought particularly in India. However, governmental support with incentives and monetary aids is expected to increase production over the next few years.
Cereals application accounted for 19.0% market share in 2014. Rising demand for food grains across the globe is expected to have a positive impact towards market growth. Cereals application was driven by growing demand in Asia Pacific and Latin America wherein pulses and food grain account for a large market share. This trend is expected to continue on account of large population growth and growing demand for healthier food products among consumers.
Regional Insights
North America was the largest market for crop protection chemicals in 2014 and this trend is expected to continue over the forecast period. North America is expected to grow at a relatively low CAGR of 7.3% from 2015 to 2022 owing to growing consumer awareness regarding the ill-effects of synthetic agrochemicals. However, growing demand for biopesticides in the region owing to various attributes including low toxicity, high effectiveness and safety is expected to augment market growth over the projected period.
Crop protection chemical demand in Asia Pacific was valued at USD 14.03 billion in 2014. The Asia-Pacific demand for these chemicals is expected to witness fastest growth on account growing demand from China and India. Growing population in the region coupled with increasing demand for crop production is expected to drive demand for these products over the forecast period. In addition, arable land in China, India and Southeast Asia is expected to witness decrease, thus promoting the use of agrochemicals over the next seven years.
Competitive Insights
Key players in the crop protection chemicals industry include Arysta LifeScience, American Vanguard, Bayer CropScience, BioWorks, BASF SE, Chemtura Corp, Cheminova, Chr Hansen, Dow AgroSciences, DuPont, FMC Corp, Ishihara Sangyo Kaisha, Isagro SpA, Makhteshim Agan, Monsanto, Natural Industries, Marrone Bio Innovations, Nufarm Ltd, Novozymes A/S, Syngenta AG, Sumitomo Chemical, and Valent Biosciences.
Global crop protection market is characterized by large number of mergers and acquisitions in the recent years. Several large companies have consolidated their presence in the existing geographies or ventured into newer areas through acquisitions of local companies. Some of the recent acquisitions in 2013 include acquisition of ISEM's fungicide technologies by Belchim Crop Protection, acquisition of Alpha Pesticides (Britain) by De Sangosse Group's and acquisition of Plant Syence by Verdesian Life Sciences.
Key questions answered by the report
What was the market size in 2014; what are the expected growth trends and forecast from 2015-2022?
What are the factors driving market growth and what are the key challenges for the participants in this industry?
Which companies were the leaders in 2014? What are their current products and what are the strategic initiatives taken by them?
Which were the top performing products in 2014? How will these products perform in 2022?
Which were the top performing regional markets in 2014?How will these markets perform in 2022?
Which were the top performing application segments in 2014?How will these segments perform in 2022?
Which were the top performing end-use segments in 2014?How will these segments perform in 2022?
Chapter 1 Research Methodology
1.1 Research Methodology
1.2 Research Scope & Assumptions
1.3 List of Data Sources
Chapter 2 Executive Summary
Chapter 3 Crop Protection Chemicals Industry Outlook
3.1 Crop protection chemicals market segmentation
3.2 Crop protection chemicals market size and growth prospects, 2012 - 2022
3.3 Crop protection chemicals value chain analysis
3.3.1 Vendor landscape
3.4 Crop protection chemicals market dynamics
3.4.1 Market driver analysis
3.4.2 Market restraint analysis
3.5 Crop protection chemicals - key opportunities prioritized
3.6 Crop protection chemicals Porter’s analysis
3.7 Crop protection chemicals competitive scenario, 2014
3.8 Crop protection chemicals PESTEL analysis
Chapter 4 Crop Protection Chemicals Product Outlook
4.1 Global crop protection chemicals market revenue share by product, 2014 & 2022
4.2 Herbicides
4.2.1 Global herbicides market estimates and forecast, 2012-2022, (USD Billion)
4.2.2 Global herbicides demand and forecast, by region, 2012-2022, (USD Billion)
4.3 Fungicides
4.3.1 Global fungicides demand and forecast estimates, 2012-2022, (USD Billion)
4.3.2 Global fungicides demand and forecast estimates, 2012-2022, (USD Billion)
4.4 Insecticides
4.4.1 Global insecticides demand and forecast estimates, 2012-2022, (USD Billion)
4.4.2 Global insecticides market demand and forecast estimates, 2012-2022, (USD Billion)
4.5 Other
4.5.1 Global other crop protection chemicals demand and forecast estimates, 2012-2022, (USD Billion)
4.5.2 Global other crop protection chemicals market demand and forecast estimates, 2012-2022, (USD Billion)
Chapter 5 Crop Protection Chemicals Application Outlook
5.1 Global crop protection chemicals market revenue share by application, 2014 & 2022
5.2 Fruits & vegetables
5.2.1 Global crop protection chemicals market estimates and forecast in fruits & vegetables, 2012-2022, (Kilo Tons) (USD Billion)
5.2.2 Global crop protection chemicals demand and forecast in fruits & vegetables, by region, 2012-2022, (Kilo Tons) (USD Billion)
5.3 Cereals
5.3.1 Global crop protection chemicals demand and forecast estimates in cereals, 2012-2022, (Kilo Tons) (USD Billion)
5.3.2 Global crop protection chemicals demand and forecast estimates in cereals, 2012-2022, (Kilo Tons) (USD Billion)
5.4 Maize
5.4.1 Global crop protection chemicals demand and forecast estimates in maize, 2012-2022, (Kilo Tons) (USD Billion)
5.4.2 Global crop protection chemicals demand and forecast estimates in maize, 2012-2022, (Kilo Tons) (USD Billion)
5.5 Cotton
5.5.1 Global crop protection chemicals demand and forecast estimates in cotton, 2012-2022, (Kilo Tons) (USD Billion)
5.5.2 Global crop protection chemicals demand and forecast estimates in cotton, 2012-2022, (Kilo Tons) (USD Billion)
5.6 Rice
5.6.1 Global crop protection chemicals demand and forecast estimates in rice, 2012-2022, (Kilo Tons) (USD Billion)
5.6.2 Global crop protection chemicals demand and forecast estimates in rice, 2012-2022, (Kilo Tons) (USD Billion)
5.7 Other
5.7.1 Global crop protection chemicals demand and forecast estimates in other application, 2012-2022, (Kilo Tons) (USD Billion)
5.7.2 Global crop protection chemicals demand and forecast estimates in other application, 2012-2022, (Kilo Tons) (USD Billion)
Chapter 6 Crop Protection Chemicals Regional Outlook
6.1 Market revenue by region, 2014 & 2022
6.2 North America
6.2.1 Market estimates and forecast, 2012-2022, (Kilo Tons) (USD Billion)
6.2.2 Market estimates and forecast, by product, 2012 – 2022, (Kilo Tons) (USD Billion)
6.2.3 Market estimates and forecast, by application, 2012 – 2022, (Kilo Tons) (USD Billion)
6.3 Europe
6.3.1 Market estimates and forecast, 2012-2022, (Kilo Tons) (USD Billion)
6.3.2 Market estimates and forecast, by product, 2012 – 2022, (Kilo Tons) (USD Billion)
6.3.3 Market estimates and forecast, by application, 2012 – 2022, (Kilo Tons) (USD Billion)
6.4 Asia Pacific
6.4.1 Market estimates and forecast, 2012-2022, (Kilo Tons) (USD Billion)
6.4.2 Market estimates and forecast, by product, 2012 – 2022, (Kilo Tons) (USD Billion)
6.4.3 Market estimates and forecast, by application, 2012 – 2022, (Kilo Tons) (USD Billion)
6.5 ROW
6.5.1 Market estimates and forecast, 2012-2022, (Kilo Tons) USD Billion)
6.5.2 Market estimates and forecast, by product, 2012 – 2022, (Kilo Tons) (USD Billion)
6.5.3 Market estimates and forecast, by application, 2012 – 2022, (Kilo Tons) (USD Billion)
Chapter 7 Competitive Landscape
7.1 Arysta LifeScience
7.1.1 Company Overview
7.1.2 Financial Performance
7.1.3 Product Benchmarking
7.1.4 Strategic Initiatives
7.2 American Vanguard
7.2.1 Company Overview
7.2.2 Financial Performance
7.2.3 Strategic Initiatives
7.3 Bayer CropScience
7.3.1 Company Overview
7.3.2 Financial Performance
7.3.3 Strategic Initiatives
7.4 BioWorks
7.4.1 Company Overview
7.4.2 Financial Performance
7.4.3 Strategic Initiatives
7.5 BASF SE
7.5.1 Company Overview
7.5.2 Financial Performance
7.5.3 Strategic Initiatives
7.6 Chemtura Corp
7.6.1 Company Overview
7.6.2 Financial Performance
7.6.3 Product Benchmarking
7.6.4 Strategic Initiatives
7.7 Cheminova
7.7.1 Company Overview
7.7.2 Financial Performance
7.7.3 Product Benchmarking
7.7.4 Strategic Initiatives
7.8 Chr Hansen
7.8.1 Company Overview
7.8.2 Financial Performance
7.8.3 Strategic Initiatives
7.9 Dow AgroSciences
7.9.1 Company Overview
7.9.2 Financial Performance
7.9.3 Product Benchmarking
7.9.4 Strategic Initiatives
7.10 DuPont
7.10.1 Company Overview
7.10.2 Financial Performance
7.11 FMC Corp
7.11.1 Company Overview
7.11.2 Financial Performance
7.11.3 Strategic Initiatives
7.12 Ishihara Sangyo Kaisha
7.12.1 Company Overview
7.12.2 Financial Performance
7.12.3 Product Benchmarking
7.12.4 Strategic Initiatives
7.13 Isagro SpA
7.13.1 Company Overview
7.13.2 Financial Performance
7.13.3 Product Benchmarking
7.13.4 Strategic Initiatives
7.14 Makhteshim Agan
7.14.1 Company Overview
7.14.2 Financial Performance
7.14.3 Product Benchmarking
7.14.4 Strategic Initiatives
7.15 Monsanto
7.15.1 Company Overview
7.15.2 Financial Performance
7.15.3 Product Benchmarking
7.15.4 Strategic Initiatives
7.16 Natural Industries
7.16.1 Company Overview
7.16.2 Financial Performance
7.16.3 Product Benchmarking
7.16.4 Strategic Initiatives
7.17 Marrone Bio Innovations
7.17.1 Company Overview
7.17.2 Financial Performance
7.17.3 Product Benchmarking
7.17.4 Strategic Initiatives
7.18 Nufarm Ltd
7.18.1 Company Overview
7.18.2 Financial Performance
7.18.3 Product Benchmarking
7.18.4 Strategic Initiatives
7.19 Novozymes A/S
7.19.1 Company Overview
7.19.2 Financial Performance
7.19.3 Product Benchmarking
7.19.4 Strategic Initiatives
7.20 Syngenta AG
7.20.1 Company Overview
7.20.2 Financial Performance
7.20.3 Product Benchmarking
7.20.4 Strategic Initiatives
7.21 Sumitomo Chemical
7.21.1 Company Overview
7.21.2 Financial Performance
7.21.3 Product Benchmarking
7.21.4 Strategic Initiatives
7.22 Valent Biosciences
7.22.1 Company Overview
7.22.2 Financial Performance
7.22.3 Product Benchmarking
7.22.4 Strategic Initiatives
List of Tables
TABLE 1 Crop Protection Chemicals - Industry Summary & Key Buying Criteria
TABLE 2 Vendor landscape
TABLE 3 Crop protection chemicals - Key market driver analysis
TABLE 5 Crop protection chemicals - Key market restraint analysis
TABLE 6 Global herbicides demand and forecast, 2012 - 2022 (Kilo Tons) (USD Billion)
TABLE 7 Global herbicides market volume, by region, 2012 - 2022 (Kilo Tons)
TABLE 8 Global herbicides market revenue, by region, 2012 - 2022 (USD Billion)
TABLE 9 Global fungicides demand and forecast, 2012 - 2022 (Kilo Tons) (USD Billion)
TABLE 10 Global fungicides market volume, by region, 2012 - 2022 (Kilo Tons)
TABLE 11 Global fungicides market revenue, by region, 2012 - 2022 (USD Billion)
TABLE 12 Global insecticides demand and forecast, 2012 - 2022 (Kilo Tons) (USD Billion)
TABLE 13 Global insecticides market volume, by region, 2012 - 2022 (Kilo Tons)
TABLE 14 Global insecticides market revenue, by region, 2012 - 2022 (USD Billion)
TABLE 15 Global other crop protection chemicals demand and forecast, 2012 - 2022 (Kilo Tons) (USD Billion)
TABLE 16 Global other crop protection chemicals market volume, by region, 2012 - 2022 (Kilo Tons)
TABLE 17 Global other crop protection chemicals market revenue, by region, 2012 - 2022 (USD Billion)
TABLE 18 Global crop protection chemicals demand and forecast in fruits & vegetables, 2012 - 2022 (Kilo Tons) (USD Billion)
TABLE 19 Global crop protection chemicals market volume in fruits & vegetables, by region, 2012 - 2022 (Kilo Tons)
TABLE 20 Global crop protection chemicals market revenue in fruits & vegetables, by region, 2012 - 2022 (USD Billion)
TABLE 21 Global crop protection chemicals demand and forecast in cereals, 2012 - 2022 (Kilo Tons) (USD Billion)
TABLE 22 Global crop protection chemicals market volume in cereals, by region, 2012 - 2022 (Kilo Tons)
TABLE 23 Global crop protection chemicals market revenue in cereals, by region, 2012 - 2022 (USD Billion)
TABLE 24 Global crop protection chemicals demand and forecast in maize, 2012 - 2022 (Kilo Tons) (USD Billion)
TABLE 25 Global crop protection chemicals market volume in maize, by region, 2012 - 2022 (Kilo Tons)
TABLE 26 Global crop protection chemicals market revenue in maize, by region, 2012 - 2022 (USD Billion)
TABLE 27 Global crop protection chemicals demand and forecast in cotton, 2012 - 2022 (Kilo Tons) (USD Billion)
TABLE 28 Global crop protection chemicals market volume in cotton, by region, 2012 - 2022 (Kilo Tons)
TABLE 29 Global crop protection chemicals market revenue in cotton, by region, 2012 - 2022 (USD Billion)
TABLE 30 Global crop protection chemicals demand and forecast in rice, 2012 - 2022 (Kilo Tons) (USD Billion)
TABLE 31 Global crop protection chemicals market volume in rice, by region, 2012 - 2022 (Kilo Tons)
TABLE 32 Global crop protection chemicals market revenue in rice, by region, 2012 - 2022 (USD Billion)
TABLE 33 Global crop protection chemicals demand and forecast in other, 2012 - 2022 (Kilo Tons) (USD Billion)
TABLE 34 Global crop protection chemicals market volume in other, by region, 2012 - 2022 (Kilo Tons)
TABLE 35 Global crop protection chemicals market revenue in other, by region, 2012 - 2022 (USD Billion)
TABLE 36 North America crop protection chemicals market estimates and forecast, 2012 - 2022 (Kilo Tons) (USD Billion)
TABLE 37 North America crop protection chemicals market volume, by product, 2012 - 2022 (Kilo Tons)
TABLE 38 North America crop protection chemicals market revenue, by product, 2012 - 2022 (USD Billion)
TABLE 39 North America crop protection chemicals market volume, by application, 2012 - 2022 (Kilo Tons)
TABLE 40 North America crop protection chemicals market revenue, by application, 2012 - 2022 (USD Billion)
TABLE 41 Asia Pacific crop protection chemicals market estimates and forecast, 2012 - 2022 (Kilo Tons) (USD Billion)
TABLE 42 Asia Pacific crop protection chemicals market volume, by product, 2012 - 2022 (Kilo Tons)
TABLE 43 Asia Pacific crop protection chemicals market revenue, by product, 2012 - 2022 (USD Billion)
TABLE 44 Asia Pacific crop protection chemicals market volume, by application, 2012 - 2022 (Kilo Tons)
TABLE 45 Asia Pacific crop protection chemicals market revenue, by application, 2012 - 2022 (USD Billion)
TABLE 46 Europe crop protection chemicals market estimates and forecast, 2012 - 2022 (Kilo Tons) (USD Billion)
TABLE 47 Europe crop protection chemicals market volume, by product, 2012 - 2022 (Kilo Tons)
TABLE 48 Europe crop protection chemicals market revenue, by product, 2012 - 2022 (USD Billion)
TABLE 49 Europe crop protection chemicals market volume, by application, 2012 - 2022 (Kilo Tons)
TABLE 50 Europe crop protection chemicals market revenue, by application, 2012 - 2022 (USD Billion)
TABLE 51 ROW crop protection chemicals market estimates and forecast, 2012 - 2022 (Kilo Tons) (USD Billion)
TABLE 52 ROW crop protection chemicals market volume, by product, 2012 - 2022 (Kilo Tons)
TABLE 53 ROW crop protection chemicals market revenue, by product, 2012 - 2022 (USD Billion)
TABLE 54 ROW crop protection chemicals market volume, by application, 2012 - 2022 (Kilo Tons)
TABLE 55 ROW crop protection chemicals market revenue, by application, 2012 - 2022 (USD Billion)
List of Figures
FIG. 1 Crop protection chemicals market segmentation
FIG. 2 Crop protection chemicals materials market revenue, 2012 - 2022 (USD Billion)
FIG. 3 Crop protection chemicals value chain analysis
FIG. 4 Crop protection chemicals market dynamics
FIG. 5 Crop protection chemicals key opportunities prioritized
FIG. 6 Crop protection chemicals Porter’s analysis
FIG. 7 Crop protection chemicals PESTEL analysis
FIG. 8 Global crop protection chemicals market revenue share by product, 2014 & 2022
FIG. 9 Global crop protection chemicals market revenue share by application, 2014 & 2022
FIG. 10 Global crop protection chemicals market revenue by region, 2014 & 2022