Planting the seed: Industry performance will hinge on strong demand growth expected from emerging economies

In the years leading up to the reporting period, fertilizer and agrochemical demand increased in both traditional and emerging markets, where food pressures have led to calls for higher agricultural productivity and crop yields. However, around 2014, weakening demand from emerging markets has put downward pressure on the prices of a variety of agricultural commodities, dampening demand for industry products at the same time that global supply of fertilizers and other chemicals was rising. Consequently, fertilizer prices have fallen steeply during the reporting period, and industry revenue is forecast to decline...purchase to read more.

Industry Statistics & Market Size
Revenue
$377bn
Annual Growth 13-18
-2.0%
Forecast Growth 18-23
Profit
Employment
1.3m
Businesses
10,815
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • The industry's performance will hinge on strong demand growth expected from emerging economies
  • An increasing number of crops are being grown for biofuel production instead of food production
  • The global industry is expected to return to long-term growth
  • Industry Report - Industry Locations Chapter

    The Global Fertilizers and Agricultural Chemicals Manufacturing industry has a wide geographic spread, with various emerging countries playing a prominent role on the global stage. Nonetheless, North America, North Asia and Europe dominate production, accounting for an estimated 67.2% of industry volume. That said, the geographic spread varies among product segments. For example, within the fertilizer segment, production tends to be located near raw material sources (e.g. ammonia, phosphoric acid or mined potash). For potash production, Canada, Russia and Belarus account for nearly two-thirds of all production due to their vast ore reserves. In fact, potash is produced in only 12 countries across the globe as deposits are rare. Canada exports nearly 80.0% o...purchase to read more.

    Additional Insights for the Global Fertilizers & Agricultural Chemicals Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Global Fertilizers & Agricultural Chemicals Manufacturing Industry are

  • Guaranteed supply of key inputs
  • Access to the latest available and most efficient technology and techniques
  • Availability of resources
  • IBISWorld analysts also discuss how external factors such as Global population and World price of wheat in the Global Fertilizers & Agricultural Chemicals Manufacturing industry impact industry performance..

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    What's in this report

    What is the Global Fertilizers & Agricultural Chemicals Manufacturing Industry?

    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 Products
  • Fertilizers
  • Pesticides
  • Other agricultural chemicals
  • Industry Activities
  • Manufacturing nitrogenous fertilizers
  • Manufacturing phosphate-based fertilizers
  • Manufacturing potash-based fertilizers
  • Manufacturing herbicides
  • Manufacturing insecticides
  • Manufacturing fungicides
  • Manufacturing other agricultural chemicals
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Global population
  • World price of wheat
  • World price of crude oil
  • World price of natural gas

  • Current Performance
    Downstream food conditionsIntense competitionIndustry structure and profitability
  • Chart: Revenue Growth

  • Industry Outlook
    Growth spurred by the United StatesEnvironmental concernsTechnology advances and industry structure
  • Table: Global Fertilizers & Agricultural Chemicals Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Global Fertilizers & Agricultural Chemicals Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Other Global Agriculture

  • Key Selling Industries
  • Global Basic Inorganic Chemicals Manufacturing
  • Global Basic Organic Chemicals Manufacturing
  • Global Petrochemicals Manufacturing

  • Products & Services
  • Fertilizers
  • Pesticides
  • Other agricultural chemicals
  • Chart: Global Fertilizers & Agricultural Chemicals Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Maize and other cereals
  • Wheat
  • Fruit and vegetable
  • Corn
  • Rice
  • Nonagricultural users
  • Cotton
  • Soybean
  • Chart: Major Market Segmentation for the Global Fertilizers & Agricultural Chemicals Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages and depreciation
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Global Fertilizers & Agricultural Chemicals Manufacturing

  • Basis of Competition
  • Internal
  • External

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Global Fertilizers & Agricultural Chemicals Manufacturing Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Global Fertilizers & Agricultural Chemicals Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Global Fertilizers & Agricultural Chemicals Manufacturing Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)
  • World price of crude oil (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Agrochemicals
  • A generic term for various chemical products used by the agricultural sector, including pesticides, synthetic fertilizer, hormones and other chemical growth agents.
  • Fertilizers
  • Chemical compounds applied to promote plant and fruit growth. Inorganic fertilizers are composed of simple chemicals and minerals.
  • Pesticides
  • A substance or mixture of substances intended to prevent, destroy, repel or mitigate any pest.
  • What Our Customers Say

    Why buy this report?

    The global economy presents its own set of opportunities and threats for businesses in a range of industries. IBISWorld’s Global Fertilizers & Agricultural Chemicals Manufacturing global market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies globally and offers strategic industry analysis of the key factors influencing the market.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
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    This report on Global Fertilizers & Agricultural Chemicals Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Global Fertilizers & Agricultural Chemicals Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Global Fertilizers & Agricultural Chemicals Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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