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Agrochemicals and Pesticides

Global demand for agrochemicals and pesticides is forecast to expand 5.9% p.a. between 2015 and 2019. Currently, anti-sprouting products, herbicides and plant-growth regulators account for 42.7% of the global demand while the remaining market share is divided between insecticides (27.1%), fungicides (19.7%), disinfectants (3.4%) and other agrochemicals and pesticides (7.0%).

China, Egypt, India, South Korea and the United States are considered the highest potential markets in the coming years. China, France, Germany, India and the United States represent the largest agrochemical and pesticide markets while the strongest annual growth is forecast to occur in China (8.8%), Egypt (8.7%), India (8.5%), Bangladesh (8.1%) and South Korea (7.0%).

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