Global Fertilizers and Agricultural Chemicals Manufacturing Industry Market Research Report from IBISWorld has Been Updated

Los Angeles, CA (PRWEB) July 05, 2013

The Global Fertilizers and Agricultural Chemicals Manufacturing industry produces synthetic fertilizers, pesticides and other agricultural chemicals. As such, it plays an essential role in ensuring that the world’s agricultural production systems are economically efficient in the short term and sustainable in the long term. According to IBISWorld Industry analyst Radia Amari, “over much of the past decade, the industry enjoyed moderate growth led by three main growth drivers: feed, food and biofuels.” Following a marked contraction in 2009, fertilizer and agrochemical demand has rebounded strongly in traditional markets and emerging markets, where food pressures have led to calls for higher agricultural productivity and crop yields. Industry production also has continued to recover from the depressed levels of 2008 and 2009, although it is still operating below installed capacity. Tight agricultural commodity markets and relatively high agricultural prices are benefiting the industry. Industry revenue is expected to grow at an annualized rate of 1.6% to $ 150.9 billion over the five years to 2013, including expected growth of 2.5% in 2013. Global debt concerns are weighing on industry performance. At the same time, the industry will continue to contend with a changing climate, food security issues and establishing a green economy.

Over the next five years, the industry’s performance will hinge on the strong demand growth expected from emerging economies in Asia and the Americas, and new industry operations in Asia, Africa and the Middle East. Farmers will increasingly demand industry products as farm production increases. “Prices will also grow over the next five years, which will further expand industry revenue,” says Amari. Any continued volatility in energy and agricultural commodity prices will also affect the industry. Within the pesticide segment, variables like the flow-on effects of biotechnology developments and the growing sizes of the areas dedicated to genetically modified (GM) crops will impact industry demand. From 2013 to 2018, industry revenue is forecast to grow. The industry is expected to display a lower degree of volatility, but demand and supply imbalances will influence industry performance on a year-to-year basis.

The Global Fertilizers and Agricultural Chemicals Manufacturing industry has a low level of market share concentration. However, concentration levels will vary between product segments. For example, within the pesticide segment, the top six producers (i.e. BASF, Bayer, Dow, DuPont, Monsanto and Syngenta) are estimated to supply the majority of the global market. Within the fertilizer product segment, there are 10 companies that dominate: PotashCorp, Mosaic, Uralkali, Belaruskali, OCP, Yara, CF Industries, Israel Chemicals, Agrium and the K&S Group. Industry consolidation has increased over the past years as an increasing number of operators have merged or been acquired. For example, BASF acquired the Sorex Group in 2008.

For more information, visit IBISWorld’s Global Fertilizers and Agricultural Chemicals Manufacturing industry report page.

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IBISWorld industry Report Key Topics

This industry formulates and prepares fertilizer products, pesticides (e.g. herbicides, insecticides and fungicides) and other agricultural chemicals (e.g. insect repellents, sheep dips, fly sprays and flea powders). Key markets serviced include the agricultural sector, households and various commercial and industrial users.

Industry Performance

Executive Summary

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Current Performance

Industry Outlook

Industry Life Cycle

Products & Markets

Supply Chain

Products & Services

Major Markets

Globalization & Trade

Business Locations

Competitive Landscape

Market Share Concentration

Key Success Factors

Cost Structure Benchmarks

Barriers to Entry

Major Companies

Operating Conditions

Capital Intensity

Key Statistics

Industry Data

Annual Change

Key Ratios

About IBISWorld Inc.

Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on nearly every US and Global industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit or call 1-800-330-3772.

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