Chemical Pesticide Manufacturing in China - Market Research Report (2014-2029)
Beijing, China
Last Updated: May 2024
2631Revenue
$54.7bn
Past 5-Year Growth
Profit
$X.Xbn
Employees
141k
Businesses
553
Wages
$X.Xbn
Chemical Pesticide Manufacturing in China industry analysis
Revenue for the Chemical Pesticide Manufacturing industry in China is expected to grow at an annualized 1.3% over the five years through 2023, to reach $54.7 billion. This growth includes an increase of 0.8% in the current year.At the start of the five-year period in 2017, Government's regulations on chemical pesticides companies relating to safety, environmental protection and quality became increasingly strict. Industry revenue decreased by 1.3%, to $51.9 billion in the same year. Since 2018, the continuous strengthening of China's environmental protection measures has had an adverse effect on the industry. Early in the period, China's Chemical Pesticide Manufacturing industry experienced environmental protection inspections, production suspensions and restrictions, and the slowdown of the global pesticide technical market. Additionally, the market supply decreased. These factors caused revenue declines early in the five-year period.The planting area expansion boosted demand for pesticides in 2019. Industry revenue increased by 2.6% to $52.6 million in that year. In 2020, due to the impact of COVID-19, the prices of petroleum and related basic chemicals fell sharply, and the prices of pesticide technical materials in the Chinese market also fell for most of the year.The Chinese government will likely continue increasing support for downstream agricultural industries. The government is attempting to narrow the income gap between rural and urban residents. This initiative will likely contribute to higher demand for chemical pesticides from the agricultural sector in the future. Highly toxic pesticides are being eliminated from the market, creating opportunities for the development of new low-toxicity pesticides that are more environmentally friendly.Industry revenue is forecast to grow at an annualized 0.4% over the five years through 2028, to $55.8 billion. The development of overseas business will likely support growth, with exports projected to increase at an annualized 7.9% over the period due to improved product quality.
Trends and Insights
- Operators in the chemical pesticide manufacturing industry have since suffered from output surplus and intense competition. Companies are also facing increasing operating costs.
- Insecticides are the most widely used. Insecticides, designed to prevent excessive pest infestation, are the largest pesticide category (in value) produced by the Chemical Pesticide Manufacturing industry.
- The production of chemical pesticides is spread throughout the country. Chemical pesticides are manufactured in nearly every province in China, although the scale of production varies significantly from region to region.
- The concentration of the industry is gradually increasing. In recent years, with the intensification of competition in China's pesticide industry and the increasing pressure on safety and environmental protection.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has grown at a CAGR of 1.3 % over the past five years, to reach an estimated $54.7bn in 2024.
Trends and Insights
Performance of imports and exports
- Greater demand for exports due to the expansion of overseas markets led to high export growth in 2013. Foreign market demand fell in 2015, affected by the global economic downturn, extreme weather in South America, and excess production capacity.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
The government will increase its support for the agricultural sector
- The Chinese Chemical Pesticide Manufacturing industry's performance is highly correlated with the agricultural sector of the economy. The Chinese government will likely continue increasing its support of the agricultural sector, and is attempting to narrow the income gap between rural and urban residents.
Biggest companies in the Chemical Pesticide Manufacturing in China
| Company | Market Share (%)
2023 | Revenue ($short_0)
2023 |
|---|
There are no companies that hold a large enough market share in the Chemical Pesticide Manufacturing in China industry for IBISWorld to include in this product.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Insecticides, Herbicides and Fungicides. Insecticides is the largest segment of the Chemical Pesticide Manufacturing in China.
Trends and Insights
Insecticides account for the largest proportion of industry revenue
- Insecticides, designed to prevent excessive pest infestation, are the largest pesticide category (in value) produced by the Chemical Pesticide Manufacturing industry. This product segment is anticipated to account for 39.0% of industry revenue in 2023. However, the importance of insecticides to the industry has decreased in recent years.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- There are no industries to display.
Complementors
- Organic Chemical Material Manufacturing in China
- Industrial Gas & Basic Chemical Manufacturing in China
- Nitrogenous Fertilizer Manufacturing in China
International industries
- Global Fertilizers & Agricultural Chemicals Manufacturing
- Pesticide Manufacturing in the US
- Pesticide Manufacturing in Canada
- Pesticide Manufacturing in Australia
- Pesticide & Other Agrochemical Manufacturing in the UK
Table of Contents
About this industry
Industry definition
The Chemical Pesticide Manufacturing Industry in China formulates and prepares agricultural and household pest control chemicals. Key products include pesticides (e.g. herbicides, insecticides and fungicides) and agricultural chemical products, such as insect repellants, fly sprays, flea powders, and plant growth regulators.
What's included in this industry?
InsecticidesHerbicidesFungicidesOther chemical pesticidesCompanies
Purchase this report to view all major companies in this industry.
Related Terms
FUNGICIDESGLYPHOSATEPLANT GROWTH REGULATORSPerformance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Operators in the chemical pesticide manufacturing industry have since suffered from output surplus and intense competition. Companies are also facing increasing operating cos...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Insecticides are the most widely used. Insecticides, designed to prevent excessive pest infestation, are the largest pesticide category (in value) produced by the Chemical Pe...
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2024
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
The production of chemical pesticides is spread throughout the country. Chemical pesticides are manufactured in nearly every province in China, although the scale of producti...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each region in 2024
- Number and share of revenue each region accounts for in 2024
- Number and share of wages each region accounts for in 2024
- Number and share of employees in each region in 2024
Detailed analysis
- Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
The concentration of the industry is gradually increasing. In recent years, with the intensification of competition in China's pesticide industry and the increasing pressure ...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
The scale of chemical pesticide enterprises in China is generally small, the market concentration is still low, and the industry is still in the process of integration.
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
Detailed analysis
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
The chemical industry is related to people's safety. The chemical sector as a whole is one of the most regulated sectors in China, and the Pesticide Manufacturing Industry is...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Industry operators face many environmental laws and regulations. Consequently, firms of chemical pesticide manufacturing incur compliance costs associated with these regulati...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in China include:
- National Bureau of Statistics China
- General Administration of Customs
- People’s Bank of China
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Chemical Pesticide Manufacturing industry in China in 2024?
The market size of the Chemical Pesticide Manufacturing industry in China is $54.7bn in 2024.
How many businesses are there in the Chemical Pesticide Manufacturing in China industry in 2024?
There are 553 businesses in the Chemical Pesticide Manufacturing industry in China, which has declined at a CAGR of 2.4 % between 2019 and 2024.
Has the Chemical Pesticide Manufacturing industry in China grown or declined over the past 5 years?
The market size of the Chemical Pesticide Manufacturing industry in China has been growing at a CAGR of 1.3 % between 2019 and 2024.
What is the forecast growth of the Chemical Pesticide Manufacturing industry in China over the next 5 years?
Over the next five years, the Chemical Pesticide Manufacturing industry in China is expected to grow.
What does the Chemical Pesticide Manufacturing in China include?
Insecticides and Herbicides are part of the Chemical Pesticide Manufacturing industry.
How competitive is the Chemical Pesticide Manufacturing industry in China?
The level of competition is moderate and increasing in the Chemical Pesticide Manufacturing industry in China.
