Top Companies in Crop Protection Chemicals Market | Top Key Players Market Research Report by Vantage Market Research | Market Size & Share Analysis, Growth Rate, Historic Data
Crop Protection Chemicals are a low-cost option for farmers to improve the yield and quality of their crops.
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MARKET OVERVIEW
The Global Crop Protection Chemicals Market is valued at USD 63.8 Billion in the year 2021 and is projected to reach a value of USD 75.2 Billion by the year 2028. The Global Market is anticipated to grow to exhibit a Compound Annual Growth Rate (CAGR) of 2.8% over the forecast period. Crop Protection is a method of controlling plant diseases, weeds, and pests that damage not only rops but also forestry. Crop damage is caused by birds, insects, bacteria, etc. To protect crops from these diseases and bacteria, chemical plant protection products are used. Crop Protection Chemicals consist of pesticides used to prevent damage to crops from insect and pest infestation. Crop Protection Chemicals can be broadly divided into herbicides, pesticides, and fungicides. There are currently over 100 Crop Protection Chemicals in the market. People's food security is deteriorating due to continued population growth and limited arable land to meet growing food demands. To meet future demand for food, global food production must increase. In such a scenario, the use of plant protection products is inevitable. This situation has led to the growth of the Crop Protection Chemicals Market.
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Some of the key players operating in the Crop Protection Chemicals Market are listed below:
|
Company Name |
Revenue in the US |
|
$48 Billion |
|
$14 Billion |
|
$86 Billion |
|
$15 Billion |
|
$23 Billion |
|
$22 Billion |
|
$4 Billion |
|
$2 Billion |
|
$55 Billion |
|
$107 Million |
Bayer Crop Science was founded in 2002 and is headquartered in Monheim am Rhein, DE. Bayer CropScience Ltd works with nearly 20 million (2 crore) farmers. The company's key crop segments in India include rice, corn, cotton, fruits, and vegetables that are suited for various geographic & Agri-climatic zones across the country. More than 500 million smallholder farmers feed the growing population in Asia, Africa, and South America.
It was founded on 13 November 2000; 21 years ago. Syngenta AG is a provider of agricultural science and technology, in particular seeds and pesticides, with its management headquarters in Basel, Switzerland, and further locations in Chicago, Tel Aviv, and Shanghai. It is owned by ChemChina, a Chinese state-owned enterprise. Syngenta AG was founded in 2000 by the merger of the agrichemical businesses of Novartis and AstraZeneca and acquired by China National Chemical Corporation (ChemChina) in 2015.
It was founded by Friedrich Engelhorn on 6 April 1865 in Mannheim, in the German-speaking state of Baden. BASF SE is a German chemical company and one of the largest chemical producers in the world. The BASF Group comprises subsidiaries and joint ventures in more than 80 countries and operates six integrated production sites and 390 other production sites in Europe, Asia, Australia, the Americas, and Africa. Its headquarters is located in Ludwigshafen, Germany.
Founded in 2018 and headquartered in Indianapolis, Indiana, Corteva Agriscience is an American agricultural chemical and seed company. Corteva Agriscience provides agronomic support and services to help increase farmer productivity and profitability. The position of the CEO is occupied by James C. Collins. The number of employees ranges from 10K to 50K. The annual revenue of Corteva Agriscience varies between 10B and 50B.
It was founded on September 22, 1913; 108 years ago. In 1934, Sumitomo Fertilizer Manufacturing changes its name to Sumitomo Chemical Co., Ltd. Headquartered in Japan, Sumitomo Chemical has a sales office in Europe facilitating the technical transfer and project management. The company is listed on the first section of the Tokyo Stock Exchange and is a constituent of on the Nikkei 225 stock index.
DuPont de Nemours, Inc., commonly known as DuPont, is an American company formed by the merger of Dow Chemical and E. I. du Pont de Nemours and Company on August 31, 2017, and the subsequent spinoffs of Dow Inc. and Corteva. Its headquarters are in Wilmington, Del. DuPont De Nemours revenue for the twelve months ending March 31, 2021, was $20.703B, a 4.73% increase year-over-year. DuPont De Nemours annual revenue for 2020 was $20.397B, a 5.18% decline from 2019. DuPont De Nemours annual revenue for 2019 was $21.512B, a 4.79% decline from 2018.
FMC was founded in 1883 as the Bean Spray Pump Company by John Bean, who developed the first piston-pump insecticide sprayer. In 1928 Bean Spray Pump purchased the Anderson-Barngrover Co. and Sprague-Sells Co. and changed the company name to Food Machinery Corporation. FMC Corporation is an American chemical manufacturing company headquartered in Philadelphia, Pennsylvania,
Nufarm is an Australian agricultural chemical company headquartered in Melbourne, Australia. Established in 1956, the company was founded by Max Fremder. It holds more than 2,100 product registrations and markets products in more than 100 countries around the world. Nufarm is listed on the Australian Stock Exchange and its head office is located at Laverton in Melbourne. As at close on Friday 4 October 2019, its ordinary share capital was valued at AUD$6.49, implying a market capitalization of AUD$2.45 billion.
The Dow Chemical Company (TDCC) is an American multinational chemical corporation headquartered in Midland, Michigan, United States and is a subsidiary of Dow Inc. Dow manufactures plastics, chemicals, and agricultural products. With a presence in about 160 countries, it employs about 54,000 people worldwide. Dow was founded in 1897 by chemistHerbert Henry.
The Monsanto Company was an American agrochemical and agricultural biotechnology corporation founded in 1901 and headquartered in Creve Coeur, Missouri. Monsanto's best-known product is Roundup, a glyphosate-based herbicide, developed in the 1970s. Monsanto Company has 20500 total employees across all of its locations and generates $14.64 billion in sales (USD).
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