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Comprehensive 2025 Halogenated Agrochemicals Market Overview: Trends, Forecasts, and Growth Drivers
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Halogenated Agrochemicals Market Through 2025?
The market size of halogenated agrochemicals has experienced robust growth in the past few years. An expansion from $189.62 billion in 2024 to $203.25 billion in 2025 is anticipated at a compound annual growth rate (CAGR) of 7.2%. Factors contributing to the surge during the historical period include rising food requirements, economic development in evolving regions, government backing, escalating awareness about the advantages of agrochemicals, deterioration of soil, and restricted farmland.
What's the Projected Size of the Global Halogenated Agrochemicals Market by 2029?
In the coming years, the halogenated agrochemicals market is anticipated to experience robust growth. Its worth is projected to reach $264.41 billion in 2029, with a 6.8% compound annual growth rate (CAGR). This increase in the prediction period can be linked to factors such as the use of bio-based agrochemicals, emphasis on precision farming, escalated R&D investments, the burgeoning demand caused by the rise of organic farming, sustainable farming activities, and mounting regulatory examination. The forecast period will also witness key trends like the transition towards eco-friendly alternatives, the application of advanced digital farming techniques, innovative developments in formulations and delivery approaches, and the application of integrated pest management (IPM).
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Top Growth Drivers in the Halogenated Agrochemicals Industry: What's Accelerating the Market?
An increase in food production demand is projected to fuel the expansion of the halogenated agrochemicals market. This heightened demand for food production is attributable to factors such as population growth, urbanization, shifts in dietary preferences, and a surge in income levels. Halogenated agrochemicals play a significant role in safeguarding crops against pests and diseases. This leads to superior yields and guarantees food security in light of the growing international need for agricultural commodities. For example, the Department for Environment Food & Rural Affairs, a government entity based in the UK, reported in February 2024 that the UK's total cereal production for 2022, including wheat, barley, oats, and minor cereals like rye, triticale, and mixed grain, was almost 24.3 million tonnes, marking an 8% rise from 2021. Thus, the burgeoning demand for food production is predicted to stimulate the growth of the halogenated agrochemicals market.
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What Trends Will Shape the Halogenated Agrochemicals Market Through 2029 and Beyond?
In the halogenated agrochemicals sector, major corporations are zeroing in on the creation of sustainable fertilizers and pesticides, like biofungicide premix, as a method to safeguard crops from pests and guard against fungal diseases. Biofungicide premix is a formulation that combines multiple biological agents, such as helpful bacteria or fungi, to combat plant fungal diseases sustainably and eco-friendly. In November 2023, for instance, FMC Corporation, an American chemical manufacturing firm, launched Ethos Elite LFR, a uniquely blended insecticide/biofungicide premix product. This groundbreaking solution integrates the well-established pyrethroid insecticide bifenthrin with two exclusive biological strains from FMC - Bacillus velezensis strain RTI301 and Bacillus subtilis strain RTI477. This product provides broad-spectrum control of beginning-of-the-season diseases and soilborne pests, and is permitted for use on numerous crops like corn, soybeans, cotton, peanuts, tomatoes, and canola.
What Are the Main Segments in the Halogenated Agrochemicals Market?
The halogenated agrochemicals market covered in this report is segmented -
1) By Type: Herbicides, Insecticides, Fungicides
2) By Halogen Type: Chlorine Based Agrochemicals, Bromine Based Agrochemicals, Fluorine Based Agrochemicals, Iodine Based Agrochemicals
3) By Application Method: Foliar Spray, Soil Treatment, Seed Treatment
4) By End User: Farmers And Agricultural Workers, Agricultural Companies
Subsegments:
1) By Herbicides: Selective Herbicides, Non-Selective Herbicides, Pre-emergent Herbicides, Post-emergent Herbicides
2) By Insecticides: Contact Insecticides, Systemic Insecticides, Residual Insecticides, Repellent Insecticides
3) By Fungicides: Systemic Fungicides, Contact Fungicides, Preventive Fungicides, Curative Fungicides
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Which Top Companies are Driving Growth in the Halogenated Agrochemicals Market?
Major companies operating in the halogenated agrochemicals market are BASF SE, Bayer AG, Sumitomo Chemical Company Limited, Corteva Agriscience Inc., Syngenta AG, Mitsui Chemicals Inc., Lanxess AG, United Phosphorus Limited (UPL) Limited, FMC Corporation, ADAMA Agricultural Solutions Ltd., Nufarm Limited, Zhejiang Wynca Chemical Group Co Ltd, Nissan Chemical Corporation, Kumiai Chemical Industry Co. Ltd., Nippon Soda Co Ltd, Ishihara Sangyo Kaisha Ltd., Sipcam Oxon Group, Dow AgroSciences LLC, Cheminova A/S, AMVAC Chemical Corporation, Sharda Cropchem Limited, Rotam Global AgroSciences, Albaugh LLC, Crystal Crop Protection Limited, Drexel Chemical Company, Isagro SpA
Which Regions Will Dominate the Halogenated Agrochemicals Market Through 2029?
Asia-Pacific was the largest region in the halogenated agrochemicals market in 2023 and is expected to be the fastest-growing region in the forecast period. The regions covered in the halogenated agrochemicals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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