The Global Agrochemical Intermediates Market Size accounted for USD 3.7 Billion in 2022 and is estimated to achieve a market size of USD 5.8 Billion by 2032 growing at a CAGR of 4.7% from 2023 to 2032.
Agrochemical Intermediates Market Highlights
- Global agrochemical intermediates market revenue is poised to garner USD 5.8 billion by 2032 with a CAGR of 4.7% from 2023 to 2032
- Asia-Pacific agrochemical intermediates market value occupied more than USD 2.1 billion in 2022
- Asia-Pacific agrochemical intermediates market growth will record a CAGR of around 5% from 2023 to 2032
- Among type, the synthetic sub-segment generated around US$ 1.2 billion revenue in 2022
- Based on application, the herbicides sub-segment generated over 44% share in 2022
- Growing demand for sustainable agriculture is a popular agrochemical intermediates market trend that fuels the industry demand
Agrochemical intermediates are chemical compounds used as raw materials or building blocks in the production of agrochemicals, which are chemicals used in agriculture to increase crop yields and protect crops from pests and diseases. Agrochemical intermediates are extensively used to produce pesticides such as fungicides, herbicides, and insecticides. General examples of agrochemical intermediates are 2-Chloro-6-(Trichloromethyl) Pyridine, 4-Fluorotoluene Diethyl Phosphorochloridothionate, 2-Chloro-5-Chloro Methyl Pyridine, and 2-Chloropropionic Acid. Commonly used agrochemical intermediates among end users are alkylamines, amines, aldehydes, and acids.
Global Agrochemical Intermediates Market Dynamics
Market Drivers
- Increasing demand for food
- Growing adoption of modern farming techniques
- Rising demand for bio-based agrochemical intermediates
- Shift towards precision agriculture
Market Restraints
- Environmental concerns
- Stringent regulations
- High cost of development
Market Opportunities
- Growing demand for organic farming
- Emerging economies
- Shift towards sustainable agriculture
Agrochemical Intermediates Market Report Coverage
| Market |
Agrochemical Intermediates Market |
| Agrochemical Intermediates Market Size 2022 |
USD 3.7 Billion |
| Agrochemical Intermediates Market Forecast 2032 |
USD 5.8 Billion |
| Agrochemical Intermediates Market CAGR During 2023 - 2032 |
4.7% |
| Agrochemical Intermediates Market Analysis Period |
2020 - 2032 |
| Agrochemical Intermediates Market Base Year |
2022 |
| Agrochemical Intermediates Market Forecast Data |
2023 - 2032 |
| Segments Covered |
By Type, By Application, By Sales Channel, And By Geography
|
| Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Key Companies Profiled |
Eastman Chemical Company, RohnerChem, Arkema, DPx Fine Chemicals Austria GmbH & Co KG, Kuraray Co., Ltd, Sugai Chemical Industry Co., Ltd, BASF SE, Evonik Industries, Air Water Inc., Astec LifeSciences Ltd., WeylChem Group, Mitsubishi Corporation and Sudarshan Chemical Industries Ltd.
|
Report Coverage
|
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Covid-19 Analysis, Regulation Analysis |
Agrochemical Intermediates Market Insights
The agrochemical intermediates market is a growing industry driven by rising agrochemical demand, particularly in developing countries where agriculture is a major driver of economic growth. Rising population and subsidies allocated by the government in emerging economies for surging agricultural mechanisms are driving the growth of this market. However, factors such as a lack of consumer awareness, ecological concerns, and high prices are restraining the growth of this market. Favorable government policies and technological advancements are expected to propel the growth of this market.
Agrochemical Intermediates Market Segmentation
The worldwide market for agrochemical intermediates is split based on type, application, sales channel, and geography.
Agrochemical Intermediate Types
According to an agrochemical intermediates industry analysis, synthetic agrochemical intermediates have the largest market share. This is because of their widespread use, availability, and long-standing market presence. However, demand for bio-based agrochemical intermediates is rapidly increasing due to increased consumer awareness of their environmental benefits and consumer preference for sustainable and eco-friendly products. In the coming years, the bio-based agrochemical intermediates segment is expected to grow faster than the synthetic segment.
Agrochemical Intermediate Applications
- Herbicides
- Insecticides
- Fungicides
- Others (Rodenticides, Molluscicides, Nematicides)
As per the agrochemical intermediates market forecast, herbicides will dominate the agrochemical intermediates market in terms of application due to their high demand for weed control in crops. However, the fungicides and insecticides segments are also important, accounting for a sizable portion of the market.
Because of the growing need for crop protection against insect pests and fungal diseases, the insecticides and fungicides segments are expected to grow faster than the herbicides segment. Furthermore, there is an increasing demand for environmentally friendly and low-impact insecticides and fungicides, which is driving the development of new bio-based agrochemical intermediates in these segments. The "others" segment, which includes molluscicides, rodenticides, and nematicides, is also expected to grow at a moderate rate due to their specific applications in crop protection.
Agrochemical Intermediate Distribution Channels
- Direct Sales
- Distributors
- Wholesalers
- Retailers
The use of distributors and wholesalers is common in the agrochemical intermediates market, as they help manufacturers reach a wider customer base and optimize their supply chain. Distributors typically purchase large quantities of agrochemical intermediates directly from manufacturers and then sell them to retailers, wholesalers, and farmers. Wholesalers, on the other hand, purchase and store large quantities of agrochemical intermediates and then sell them to retailers or other end-users in smaller quantities.
Retailers, such as agricultural supply stores and online marketplaces, also play a significant role in the distribution of agrochemical intermediates as they are often the point of contact between end-users and manufacturers. Direct sales, where manufacturers sell agrochemical intermediates directly to farmers, are also common in some regions.
Agrochemical Intermediates Market Regional Outlook
North America
Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- India
- Japan
- China
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
The Middle East & Africa
- South Africa
- GCC Countries
- Rest of the Middle East & Africa (ME&A)
Agrochemical Intermediates Market Regional Analysis
The Asia-Pacific area is the biggest and fastest-growing market for agrochemical intermediates due to rising population and food demand. The region is also distinguished by a sizable agricultural sector, which drives demand for agrochemical intermediates. Because of their large populations and high agricultural production, China and India are the region's largest markets.
The North American market for agrochemical intermediates is mature and well-established. The region is distinguished by advanced agricultural practices and high per capita agrochemical intermediate consumption. Because of the high demand for agrochemical intermediates in its large agricultural sector, the United States is the region's largest market.
The presence of large-scale agriculture production and advanced farming technologies drives the European market for agrochemical intermediates. The region is also distinguished by stringent regulations governing the use of agrochemical intermediates, which drives the development of environmentally friendly and sustainable products.
Agrochemical Intermediates Market Players
Some of the top agrochemical intermediates companies offered in the professional report include Eastman Chemical Company, RohnerChem, Arkema, DPx Fine Chemicals Austria GmbH & Co KG, Kuraray Co., Ltd, Sugai Chemical Industry Co., Ltd, BASF SE, Evonik Industries, Air Water Inc., Astec LifeSciences Ltd., WeylChem Group, Mitsubishi Corporation and Sudarshan Chemical Industries Ltd.
CHAPTER 1. Industry Overview of Agrochemical Intermediates Market
1.1. Definition and Scope
1.1.1. Definition of Agrochemical Intermediates
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Agrochemical Intermediates Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Agrochemical Intermediates Market By Type
1.2.3. Agrochemical Intermediates Market By Application
1.2.4. Agrochemical Intermediates Market By Sales Channel
1.2.5. Agrochemical Intermediates Market By Region
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Source
2.2.1. Secondary Sources
2.2.2. Primary Sources
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restraint 1
3.2.2. Restraint 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio and Market Maturity Analysis of Agrochemical Intermediates Market
3.5.1. Go To Market Strategy
3.5.1.1. Introduction
3.5.1.2. Growth
3.5.1.3. Maturity
3.5.1.4. Saturation
3.5.1.5. Possible Development
3.6. Technological Roadmap for Agrochemical Intermediates Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Cost Structure Analysis
3.8.1. Price Trend of Key Raw Materials
3.8.2. Raw Material Suppliers
3.8.3. Proportion of Manufacturing Cost Structure
3.8.3.1. Raw Materials
3.8.3.2. Labor Cost
3.8.3.3. Manufacturing Expense
3.9. Regulatory Compliance
3.10. Competitive Landscape, 2022
3.10.1. Player Positioning Analysis
3.10.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Manufacturing Plant Analysis
4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2022
4.2. R&D Status of Major Manufacturers in 2022
CHAPTER 5. Agrochemical Intermediates Market By Type
5.1. Introduction
5.2. Agrochemical Intermediates Market Revenue By Type
5.2.1. Agrochemical Intermediates Market Revenue (USD Billion) and Forecast, By Type, 2020-2032
5.2.2. Synthetic
5.2.2.1. Synthetic Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.3. Bio-Based
5.2.3.1. Bio-Based Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
CHAPTER 6. Agrochemical Intermediates Market By Application
6.1. Introduction
6.2. Agrochemical Intermediates Market Revenue By Application
6.2.1. Agrochemical Intermediates Market Revenue (USD Billion) and Forecast, By Application, 2020-2032
6.2.2. Herbicides
6.2.2.1. Herbicides Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
6.2.3. Insecticides
6.2.3.1. Insecticides Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
6.2.4. Fungicides
6.2.4.1. Fungicides Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
6.2.5. Others
6.2.5.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
CHAPTER 7. Agrochemical Intermediates Market By Sales Channel
7.1. Introduction
7.2. Agrochemical Intermediates Market Revenue By Sales Channel
7.2.1. Agrochemical Intermediates Market Revenue (USD Billion) and Forecast, By Sales Channel, 2020-2032
7.2.2. Direct Sales
7.2.2.1. Direct Sales Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.3. Distributors
7.2.3.1. Distributors Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.4. Wholesalers
7.2.4.1. Wholesalers Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.5. Retailers
7.2.5.1. Retailers Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
CHAPTER 8. North America Agrochemical Intermediates Market By Country
8.1. North America Agrochemical Intermediates Market Overview
8.2. U.S.
8.2.1. U.S. Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Type, 2020-2032
8.2.2. U.S. Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Application, 2020-2032
8.2.3. U.S. Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032
8.3. Canada
8.3.1. Canada Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Type, 2020-2032
8.3.2. Canada Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Application, 2020-2032
8.3.3. Canada Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032
8.4. North America PEST Analysis
CHAPTER 9. Europe Agrochemical Intermediates Market By Country
9.1. Europe Agrochemical Intermediates Market Overview
9.2. U.K.
9.2.1. U.K. Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Type, 2020-2032
9.2.2. U.K. Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Application, 2020-2032
9.2.3. U.K. Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032
9.3. Germany
9.3.1. Germany Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Type, 2020-2032
9.3.2. Germany Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Application, 2020-2032
9.3.3. Germany Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032
9.4. France
9.4.1. France Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Type, 2020-2032
9.4.2. France Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Application, 2020-2032
9.4.3. France Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032
9.5. Spain
9.5.1. Spain Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Type, 2020-2032
9.5.2. Spain Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Application, 2020-2032
9.5.3. Spain Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032
9.6. Rest of Europe
9.6.1. Rest of Europe Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Type, 2020-2032
9.6.2. Rest of Europe Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Application, 2020-2032
9.6.3. Rest of Europe Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032
9.7. Europe PEST Analysis
CHAPTER 10. Asia Pacific Agrochemical Intermediates Market By Country
10.1. Asia Pacific Agrochemical Intermediates Market Overview
10.2. China
10.2.1. China Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Type, 2020-2032
10.2.2. China Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Application, 2020-2032
10.2.3. China Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032
10.3. Japan
10.3.1. Japan Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Type, 2020-2032
10.3.2. Japan Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Application, 2020-2032
10.3.3. Japan Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032
10.4. India
10.4.1. India Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Type, 2020-2032
10.4.2. India Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Application, 2020-2032
10.4.3. India Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032
10.5. Australia
10.5.1. Australia Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Type, 2020-2032
10.5.2. Australia Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Application, 2020-2032
10.5.3. Australia Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032
10.6. South Korea
10.6.1. South Korea Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Type, 2020-2032
10.6.2. South Korea Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Application, 2020-2032
10.6.3. South Korea Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032
10.7. Rest of Asia-Pacific
10.7.1. Rest of Asia-Pacific Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Type, 2020-2032
10.7.2. Rest of Asia-Pacific Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Application, 2020-2032
10.7.3. Rest of Asia-Pacific Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032
10.8. Asia Pacific PEST Analysis
CHAPTER 11. Latin America Agrochemical Intermediates Market By Country
11.1. Latin America Agrochemical Intermediates Market Overview
11.2. Brazil
11.2.1. Brazil Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Type, 2020-2032
11.2.2. Brazil Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Application, 2020-2032
11.2.3. Brazil Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032
11.3. Mexico
11.3.1. Mexico Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Type, 2020-2032
11.3.2. Mexico Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Application, 2020-2032
11.3.3. Mexico Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032
11.4. Rest of Latin America
11.4.1. Rest of Latin America Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Type, 2020-2032
11.4.2. Rest of Latin America Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Application, 2020-2032
11.4.3. Rest of Latin America Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032
11.5. Latin America PEST Analysis
CHAPTER 12. Middle East & Africa Agrochemical Intermediates Market By Country
12.1. Middle East & Africa Agrochemical Intermediates Market Overview
12.2. GCC
12.2.1. GCC Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Type, 2020-2032
12.2.2. GCC Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Application, 2020-2032
12.2.3. GCC Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032
12.3. South Africa
12.3.1. South Africa Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Type, 2020-2032
12.3.2. South Africa Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Application, 2020-2032
12.3.3. South Africa Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032
12.4. Rest of Middle East & Africa
12.4.1. Rest of Middle East & Africa Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Type, 2020-2032
12.4.2. Rest of Middle East & Africa Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Application, 2020-2032
12.4.3. Rest of Middle East & Africa Agrochemical Intermediates Market Revenue (USD Billion) and Forecast By Sales Channel, 2020-2032
12.5. Middle East & Africa PEST Analysis
CHAPTER 13. Player Analysis Of Agrochemical Intermediates Market
13.1. Agrochemical Intermediates Market Company Share Analysis
13.2. Competition Matrix
13.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment
13.2.2. New Product Launches and Product Enhancements
13.2.3. Mergers And Acquisition In Global Agrochemical Intermediates Market
13.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 14. Company Profile
14.1. Eastman Chemical Company
14.1.1. Company Snapshot
14.1.2. Business Overview
14.1.3. Manufacturing Overview
14.1.3.1. Revenue (USD Billion), 2022
14.1.3.2. Eastman Chemical Company 2022 Agrochemical Intermediates Business Regional Distribution
14.1.4. Product /Service and Specification
14.1.5. Recent Developments & Business Strategy
14.2. RohnerChem
14.3. Arkema
14.4. DPx Fine Chemicals Austria GmbH & Co KG
14.5. Kuraray Co., Ltd
14.6. Sugai Chemical Industry Co., Ltd
14.7. BASF SE
14.8. Evonik Industries
14.9. Air Water Inc.
14.10. Astec LifeSciences Ltd.
14.11. WeylChem Group
14.12. Mitsubishi Corporation
14.13. Sudarshan Chemical Industries Ltd.
