United States Agrochemical Intermediates Market was valued at USD 1.1 Billion in 2022 and is projected to reach USD 1.7 Billion by 2030, growing at a CAGR of 6.4% from 2024 to 2030.
The US Agrochemical Intermediates Market has witnessed significant growth in recent years, driven by the increasing demand for agricultural chemicals like pesticides, herbicides, and fungicides. Agrochemical intermediates, which are chemical compounds used in the production of these chemicals, play a crucial role in the agriculture industry. The rising global population, the need for higher crop yields, and the demand for improved pest control are just a few of the factors contributing to the growth of this market.
The market for agrochemical intermediates is diverse, with various types that cater to different industrial requirements. Some of the key intermediates include organophosphates, pyrethroids, and carbamates. These intermediates are essential for manufacturing pesticides and herbicides that help in protecting crops from pests and diseases, thus ensuring food security. With the increasing emphasis on sustainable farming practices, the demand for eco-friendly agrochemical intermediates has surged, and manufacturers are constantly exploring innovative solutions to meet these needs.
Industries that rely on agrochemical intermediates include large-scale agriculture, crop protection companies, and even pharmaceutical manufacturers who use these chemicals for research and development purposes. The continuous need to optimize agricultural practices and improve crop protection leads to an ongoing requirement for high-quality agrochemical intermediates. Furthermore, government regulations regarding pesticide use and safety standards significantly impact the market, pushing manufacturers to produce more advanced and effective intermediates while ensuring environmental sustainability.
One of the key factors influencing the demand for agrochemical intermediates is the adoption of precision farming techniques. With the use of advanced technologies such as drones and satellite imagery, farmers can monitor crop health more accurately, which in turn boosts the need for specific agrochemical intermediates. Moreover, with the rise in organic farming and increasing consumer preference for organic produce, there is a shift towards the development of biopesticides and naturally derived agrochemical intermediates.
The US Agrochemical Intermediates Market is expected to continue its upward trajectory as the agricultural sector focuses on increasing productivity while minimizing the environmental footprint. The ongoing demand for these chemicals will likely drive innovations in product development and further establish the importance of agrochemical intermediates in the global agricultural landscape.
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RohnerChem
Eastman
Arkema
AGC
Lonza
Sugai Chemical
Kuraray
BASF
Evonik
Air Water
Astec
WeylChem Group
DPx Fine Chemicals
Mitsubishi Corporation
Sudarshan Chemical
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Agrochemical Intermediates Market
Amino Intermediates
Aromatic Intermediates
Aliphatic Intermediates
Heterocyclic Intermediates
Others
Herbicides
Pesticides
Fungicides
Insecticides
Plant Growth Regulators
Organic Intermediates
Inorganic Intermediates
Synthetic
Biotechnology-based
Agriculture
Horticulture
Forestry
Animal Husbandry
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Agrochemical Intermediates Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Agrochemical Intermediates Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Agrochemical Intermediates Market, By Type
6. US Agrochemical Intermediates Market, By Application
7. US Agrochemical Intermediates Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Agrochemical Intermediates Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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