Agrochemical Intermediates Market- Global Industry Size, Share, Trends, Opportunity and Forecast, By Product Type (Amines, Alkyl Amines, Aldehydes, Acids, Others), By Application (Herbicides, Insecticides, Fungicides, Nematicides, Others), By Region and Competition 2018-2028

Global Agrochemical Intermediates Market was valued at USD 51627.39 million in 2022 and is further anticipated to grow at a CAGR of 3.88%, during the forecast period, owing to rising demand for food and increasing soil depletion. The growth of the market is primarily driven by the increasing demand for food due to population growth and changing dietary habits. The need for higher crop yields to meet this demand has led to the increased use of agrochemicals, which in turn has fueled the demand for agrochemical intermediates.

Agrochemical intermediates are an essential part of the agriculture industry. These chemical compounds are used in the production of pesticides, herbicides, and fungicides that help farmers increase crop yields, control pests and diseases, and improve overall crop quality. Agrochemical intermediates are chemical compounds that are used in the synthesis of agrochemicals. They are usually produced on a large scale and sold to companies that specialize in the production of agrochemicals. Synthetic agrochemical intermediates are produced through chemical reactions in a laboratory. These intermediates are designed to mimic the effects of natural compounds found in plants or to provide new modes of action against pests and diseases. Some common examples of synthetic agrochemical intermediates include organophosphates, pyrethroids, and neonicotinoids. Natural agrochemical intermediates, on the other hand, are compounds that are extracted from natural sources such as plants, animals, or microorganisms. These intermediates are often used in organic farming or as a natural alternative to synthetic agrochemicals. Examples of natural agrochemical intermediates include pyrethrins, rotenone, and nicotine.

Agrochemical intermediates are also important for the development of new agrochemicals. By providing a foundation for the synthesis of new compounds, agrochemical intermediates enable scientists and researchers to develop more effective and environmentally friendly agrochemicals.

Agrochemical intermediates are essential for modern agriculture. They play a crucial role in increasing crop yields, maintaining crop quality, and reducing the environmental impact of agriculture. While the use of synthetic agrochemicals has raised concerns about environmental and human health impacts, ongoing research and development are leading to the development of more sustainable and environmentally friendly agrochemicals.

However, the agrochemical intermediates market is also facing several challenges. One of the main challenges is the increasing concern about the environmental and health impacts of synthetic agrochemicals. This has led to a growing demand for organic and natural agrochemicals, which could potentially limit the growth of the market for synthetic agrochemical intermediates.

Agrochemical intermediates are essential for modern agriculture. They play a crucial role in increasing crop yields, maintaining crop quality, and reducing the environmental impact of agriculture. While the use of synthetic agrochemicals has raised concerns about environmental and human health impacts, ongoing research and development are leading towards the development of more sustainable and environmentally friendly agrochemicals.

Download Free Sample Report

Adoption of Precision Farming Techniques and Increasing Demand for Food is Driving Market Growth

Precision farming involves the use of technology to optimize crop yields and reduce waste. This approach requires the use of precise amounts of agrochemicals, which can only be achieved through the use of specialized agrochemical intermediates. The adoption of precision farming techniques is growing, especially in developed countries, where farmers are looking for ways to increase their efficiency and reduce their costs. As a result, the adoption of precision farming techniques is driving the demand for agrochemical intermediates.

The world population is expected to reach 9.7 billion by 2050, which means that the demand for food is set to increase significantly. To meet this demand, there is a need for higher crop yields. The use of agrochemicals has been shown to increase crop yields, and agrochemical intermediates play a critical role in the production of these agrochemicals. As a result, the increasing demand for food is one of the key drivers of the agrochemical intermediates market.

Growing Demand for Bio-Based Agrochemical Intermediates

Advancements in agrochemical technology are driving the development of new and more effective agrochemicals. This, in turn, is driving the demand for agrochemical intermediates. New agrochemicals require new intermediates, and the development of these intermediates is a key driver of the agrochemical intermediates market.

The growing concern about the environmental and health impacts of synthetic agrochemicals has led to a growing demand for organic and natural agrochemicals. Bio-based agrochemicals are derived from natural sources and are perceived to be safer and more environmentally friendly than synthetic agrochemicals. The demand for bio-based agrochemicals is expected to grow, and this will drive the demand for agrochemical intermediates used in their production.

There is a growing awareness among farmers about the benefits of agrochemicals. Agrochemicals help to increase crop yields, maintain crop quality, and reduce the environmental impact of agriculture. As a result, farmers are increasingly using agrochemicals, which is driving the demand for agrochemical intermediates.

Major Challenges Faced by Agrochemical Intermediates Market

The agrochemical intermediates market is heavily regulated, with many countries having strict regulations around the production, sale, and use of agrochemicals. These regulations can increase the cost of production and limit the availability of certain chemicals, which can impact the market. In addition, new regulations are constantly being introduced, which can make it challenging for manufacturers to keep up with changing requirements.

Pests, diseases, and weeds can develop resistance to agrochemicals over time, which reduces their effectiveness. This resistance can make it challenging for manufacturers to develop new and effective agrochemicals, limiting the effectiveness of existing products. The development of resistance also increases the need for new and more complex agrochemicals, which can be challenging and expensive to develop.

There is growing concern about the impact of agrochemicals on the environment and human health. This has led to increased scrutiny of the use of agrochemicals, with many consumers seeking out for organic and natural products. This can limit the demand for synthetic agrochemicals and impact the growth of the agrochemical intermediates market.

As consumers become more environmentally conscious, there is growing demand for bio-based alternatives to synthetic agrochemicals. Bio-based alternatives are derived from natural sources and are perceived to be safer and more sustainable. This can impact the demand for synthetic agrochemicals and limit the growth of the agrochemical intermediates market.

Recent Developments

• One of the most significant recent developments in the agrochemical intermediates market is the growing demand for bio-based intermediates. Consumers and manufacturers are increasingly seeking out sustainable and environmentally friendly products where bio-based intermediates offer a potential solution. Companies are readily investing in research and development of bio-based intermediates, and there has been an increase in the number of partnerships and collaborations between companies to develop new bio-based intermediates.
• The agrochemical intermediates market has seen a significant amount of consolidation over the last three years. Several major players in the market have merged or acquired other companies to expand their product offerings and gain a competitive advantage. This consolidation has led to a reduction in the number of players in the market, and  has also allowed for the development of more efficient and cost-effective supply chains.
• There has been a growing focus on sustainable practices in the agrochemical intermediates market over the last three years. Companies are implementing initiatives to reduce their environmental impact, such as reducing greenhouse gas emissions, reducing waste and water usage, and implementing circular economy practices. This increased focus on sustainability is driven by both consumer demand and regulatory requirements.
• Advancements in technology have impacted the agrochemical intermediates market over the last three years. There have been developments in the use of biotechnology, nanotechnology, and digital technology to improve the efficiency and sustainability of the production process. For example, the use of biotechnology can lead to the development of more effective and sustainable agrochemical intermediates, while digital technology can improve the monitoring and control of the production process.
• Precision agriculture, which involves using technology to optimize crop production and reduce waste, has become increasingly popular over the last three years. This approach involves the use of sensors, drones, and other technologies to monitor crops and adjust inputs such as water and fertilizer in real-time. The use of precision agriculture can improve the efficiency of the production process and reduce the use of agrochemical intermediates.

Market Segmentation

Global Agrochemical Intermediates market is segmented based on Product Type, Application, and Region. Based on Product type, the market is divided into Amines, Alkyl Amines, Aldehydes, Acids, and Others. Based on application, the market is segmented into Herbicides, Insecticides, Fungicides, Nematicides, and Others. Based on region, the market is divided into Asia Pacific, Europe, North America, South America, Middle East & Africa. 

Market Players

BASF SE, Nouryon Chemicals Holding BV, Mitsubishi Chemical Group Corporation, Arkema S.A., The Dow Chemical Company, LG Chem Ltd., Eastman Chemical Company, LyondellBasell Industries Holding B.V., Sumitomo Chemical, Alkyl Amines Chemicals Limited are some of the key players operating in the global Agrochemical Intermediates Market.

Attribute	Details
Market size value in 2022	USD 51627.39 Million
Revenue Forecast in 2028	USD 64760.59 Million
Growth Rate	3.88 %
Base Year	2022
Historical Years	2018 – 2021
Estimated Year	2023
Forecast Period	2024 – 2028
Quantitative Units	Revenue in USD Million and CAGR for 2018-2022 and 2023-2028
Report Coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends
Segments Covered	Product Type Application
Regional Scope	North America; Asia Pacific; Europe; South America; Middle East & Africa
Country Scope	China; India; Australia; Japan; South Korea; France; Germany; Spain; Italy; United Kingdom; United States; Mexico; Canada; Brazil; Argentina; Colombia; South Africa; Saudi Arabia; UAE;
Key Companies Profiled	BASF SE, Nouryon Chemicals Holding BV, Mitsubishi Chemical Group Corporation, Arkema S.A., The Dow Chemical Company, LG Chem Ltd., Eastman Chemical Company, LyondellBasell Industries Holding B.V., Sumitomo Chemical, Alkyl Amines Chemicals Limited
Customization Scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and Purchase Options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, Global Agrochemical Intermediates Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Agrochemical Intermediates Market, By  Product Type:

o      Amines

o      Alkyl Amines

o      Aldehydes

o      Acids

o      Others

Agrochemical Intermediates Market, By Application:

o      Herbicides

o      Insecticides

o      Fungicides

o      Nematicides

o      Others

Agrochemical Intermediates Market, By Region:

o      Asia-Pacific

• China
• India
• Australia
• Japan
• South Korea

o      Europe

• France
• Germany
• Spain
• Italy
• United Kingdom

o      North America

• United States
• Mexico
• Canada

o      South America

• Brazil
• Argentina
• Colombia

o      Middle East & Africa

• South Africa
• Saudi Arabia
• UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global Agrochemical Intermediates market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.     Markets Covered

1.2.2.     Years Considered for Study

1.2.3.     Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Applications

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Impact of COVID-19 on Global Agrochemical Intermediates Market

5.    Voice of Customer

6.    Global Agrochemical Intermediates Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Product Type (Amines, Alkyl Amines, Aldehydes, Acids, Others etc)

6.2.2.     By Application (Herbicides, Insecticides, Fungicides, Nematicides, Others etc)

6.2.3.     By Region

6.2.4.     By Company (2022)

6.3.  Product Market Map

7.    Asia Pacific Agrochemical Intermediates Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Product Type

7.2.2.     By Application

7.2.3.     By Country

7.3.  Asia Pacific: Country Analysis

7.3.1.     China Agrochemical Intermediates Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value & Volume

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Product Type

7.3.1.2.2.             By Application

7.3.2.     India Agrochemical Intermediates Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value & Volume

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Product Type

7.3.2.2.2.             By Application

7.3.3.     Australia Agrochemical Intermediates Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value & Volume

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Product Type

7.3.3.2.2.             By Application

7.3.4.     Japan Agrochemical Intermediates Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value & Volume

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Product Type

7.3.4.2.2.             By Application

7.3.5.     South Korea Agrochemical Intermediates Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value & Volume

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Product Type

7.3.5.2.2.             By Application

8.    Europe Agrochemical Intermediates Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Product Type

8.2.2.     By Application

8.2.3.     By Country

8.3.  Europe: Country Analysis

8.3.1.     France Agrochemical Intermediates Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value & Volume

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Product Type

8.3.1.2.2.             By Application

8.3.2.     Germany Agrochemical Intermediates Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value & Volume

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Product Type

8.3.2.2.2.             By Application

8.3.3.     Spain Agrochemical Intermediates Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value & Volume

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Product Type

8.3.3.2.2.             By Application

8.3.4.     Italy Agrochemical Intermediates Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value & Volume

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Product Type

8.3.4.2.2.             By Application

8.3.5.     United Kingdom Agrochemical Intermediates Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value & Volume

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Product Type

8.3.5.2.2.             By Application

8.3.5.2.3.             B

9.    North America Agrochemical Intermediates Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Product Type

9.2.2.     By Application

9.2.3.     By Country

9.3.  North America: Country Analysis

9.3.1.     United States Agrochemical Intermediates Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value & Volume

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Product Type

9.3.1.2.2.             By Application

9.3.2.     Mexico Agrochemical Intermediates Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value & Volume

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Product Type

9.3.2.2.2.             By Application

9.3.3.     Canada Agrochemical Intermediates Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value & Volume

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Product Type

9.3.3.2.2.             By Application

10.  South America Agrochemical Intermediates Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By Product Type

10.2.2.  By Application

10.2.3.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Agrochemical Intermediates Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value & Volume

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Product Type

10.3.1.2.2.           By Application

10.3.2.  Argentina Agrochemical Intermediates Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value & Volume

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Product Type

10.3.2.2.2.           By Application

10.3.3.  Colombia Agrochemical Intermediates Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value & Volume

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Product Type

10.3.3.2.2.           By Application

11.  Middle East and Africa Agrochemical Intermediates Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value & Volume

11.2.              Market Share & Forecast

11.2.1.  By Product Type

11.2.2.  By Application

11.2.3.  By Country

11.3.              MEA: Country Analysis

11.3.1.  South Africa Agrochemical Intermediates Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value & Volume

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Product Type

11.3.1.2.2.           By Application