Increasing Demand for Nitrogen Fertilizers to Foster the Growth of the Global Agrochemicals Market

Published: Jul 2019

The global agrochemicals market is anticipated to grow at a considerable CAGR of 3.2% during the forecast period (2021-2027). The rising need and demand for nitrogen fertilizers are one of the prime factors affecting and driving the market. The nitrogen fertilizers support the growth of the plant along with providing healthy maturing of foliage and fruits. Additionally, it also aids the environment as well by reducing N2O emissions and it is considered to be appropriate for the purpose of establishing plants in the soil which in turn is increasing the demand for nitrogen fertilizers in the market. 

Browse the full report description of "Global Agrochemicals Market Research By Product Type (Fertilizers and Pesticides), By Crop Type (Fruits & Vegetables, Oilseeds & Pulses, Cereals & Grains and Other) Forecast 2021-2027" at https://www.omrglobal.com/industry-reports/agrochemicals-market    

The key players operating in the global agrochemicals market had been adopting strategies such as new agreements and collaboration to gain major market share. For instance, in February 2020, AMVAC Chemical Corp. had introduced new products in order to strengthen its portfolio related to crop protection. The products include classic herbicide, FirstRate herbicide, Hornet herbicide, and Python herbicide. The classic herbicide and FirstRate herbicide are for soybeans, hornet herbicide is considered for field corn and python is for both soybeans and field corn. 

Market Coverage

    • The market number available for – 2020-2027

    • Base year- 2020

    • Forecast period- 2021-2027

    • Segment Covered- 

o ByProduct Type

o By Crop Type

    • Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

  • Competitive Landscape- AMVAC Chemical Corp., BASF SE, Bayer AG, Dow Chemical Co., and Yara

Key questions addressed by the report

    • What is the market growth rate?

    • Which segment and region dominate the market in the base year?

    • Which segment and region will project the fastest growth in the market?

    • How COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

    • Who is the leader in the market?

    • How are players addressing challenges to sustain growth?

    • Where is the investment opportunity?

Global Agrochemicals Market

By Product Type

    • Fertilizers

    • Pesticides

By Crop Type

    • Fruits & Vegetables

    • Oilseeds & Pulses

    • Cereals & Grains

    • Other

Global Agrochemicals Market by Region 

North America

    • United States

    • Canada

Europe

    • UK

    • Germany

    • Italy

    • Spain

    • France

    • Rest of Europe 

Asia-Pacific

    • China

    • India

    • Japan

    • South Korea

    • Rest of Asia-Pacific 

Rest of the World

    • Latin America 

    • Middle East & Africa

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