Global Pesticide Formulation Market By Formulation Type (Liquid {Emulsion, Solutions, Suspension, Others} v/s Dry {Dust, Granules, Pellets, Wettable Powders, Others}), By Product Type (Concentrated Formulations v/s Ready to Use Formulations), By Component (Active Ingredient, Solvent, Adjuvant), By Type (Herbicide, Insecticide, Fungicide, Others), By Application (Fruits & Vegetables, Oilseeds & Pulses, Ornamental Crops, Others), By Region, Competition Forecast & Opportunities, 2017-2027
The global pesticide formulation market is projected to witness a robust CAGR in the forecast period, 2023-2027. The booming agriculture industry and the need to enhance the productivity of agriculture fields are driving the demand for the global pesticide formulation market. The chemically active and inert components of pesticide formulations work together to either kill or stop pests from invading crop fields. These chemical substances operate as a plant regulator, desiccant, defoliant, synergist, or nitrogen stabilizer, and they repel any pests or pest-related activities. When a pesticide is developed, it indicates that its functions have been enhanced. It also means that its storage, handling by farmers and other users, safety, application, and effectiveness against a larger variety of pests have all been improved.
The varied formulations of pesticides have unique characteristics, such as differences in the solubility of the active component, their capacity to control pests, and their handling and transportation convenience. Products with chemical infusions adversely affect both the environment and the crop plant itself. Safety protocols and precautionary statements on the labels of the pesticide formulations’ containers are provided such that wildlife and other non-target species can be protected. Launching organic-based chemical formulations are expected to create lucrative growth opportunities for the market players in the forecast period.
The global pesticide formulation market is segmented into formulation type, product type, component, type, application, regional distribution, and competitive landscape. Based on formulation type, the market is differentiated between liquid & dry formulations. Liquid pesticide formulations are expected to capture the highest market share in the forecast period, 2023-2027. They require minimum effort as they can be directly sprayed or sprinkled onto the agricultural fields. Also, they are widely available in the market, which makes it possible for customers to invest in the purchase of liquid pesticide formulations easily.
The major market players operating in the global pesticide formulation market are Bayer CropScience LLC, The Syngenta Group, BASF SE, UPL Limited, Rallis India Limited, ADAMA Agriculture Solutions Ltd, FMC Corporation, PI Industries Ltd., Corteva, Inc., Nagarjuna Fertilizers and Chemicals Limited.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F–2027F
Objective of the Study:
- To analyze the historical growth in the market size of the global pesticide formulation market from 2017 to 2021.
- To estimate and forecast the market size of global pesticide formulation market from 2022E to 2027F and growth rate until 2027F.
- To classify and forecast the global pesticide formulation market based on formulation type, product type, component, type, application, region, and company.
- To identify the dominant region or segment in the global pesticide formulation market.
- To identify drivers and challenges for the global pesticide formulation market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global pesticide formulation market.
- To identify and analyze the profiles of leading players operating in the global pesticide formulation market.
- To identify key sustainable strategies adopted by market players in global pesticide formulation market.
TechSci Research calculated the market size of the global pesticide formulation market using a bottom approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums, and alliances
Report Scope:
In this report, global pesticide formulation market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Pesticide Formulations Market, By Formulation Type:
- Liquid
- Emulsion
- Solutions
- Suspension
- Others
- Dry
- Dust
- Granules
- Pellets
- Wettable Powders
- Others
- Pesticide Formulations Market, By Product Type:
- Concentrated Formulations
- Ready to Use Formulations
- Pesticide Formulations Market, By Component:
- Active Ingredient
- Solvent
- Adjuvant
- Pesticide Formulations Market, By Type:
- Herbicide
- Insecticide
- Fungicide
- Others
- Pesticide Formulations Market, By Application:
- Fruits & Vegetables
- Oilseeds & Pulses
- Ornamental Crops
- Others
- Pesticide Formulations Market, By Region:
- North America
- United States
- Mexico
- Canada
- Europe
- France
- Germany
- United Kingdom
- Italy
- Spain
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- South America
- Brazil
- Argentina
- Colombia
Company Profiles: Detailed analysis of the major companies present in global pesticide formulation market.
Company Information
- Detailed analysis and profiling of additional market players (up to five).
- 1. Product Overview
- 2. Research Methodology
- 3. Executive Summary
- 4. Impact of COVID-19 on Global Pesticide Formulation Market
- 5. Voice of Customer
- 5.1. Formulation Selection Considerations
- 5.2. Factors Affecting Choice of Adjuvants
- 5.3. Commonly Used Pesticide Formulations
- 5.4. Demand, By Product Type
- 5.5. Demand, By Type
- 5.6. Brand Awareness
- 5.7. Unmet Needs/Challenges
- 6. Global Pesticide Formulation Market Outlook
- 6.1. Market Size & Forecast
- 6.1.1. By Value
- 6.2. Market Share & Forecast
- 6.2.1. By Formulation Type (Liquid v/s Dry)
- 6.2.1.1. By Liquid (Emulsion, Solutions, Suspension, Others)
- 6.2.1.2. By Dry (Dust, Granules, Pellets, Wettable Powders, Others)
- 6.2.2. By Product Type (Concentrated Formulations v/s Ready-to-Use-Formulations)
- 6.2.3. By Component (Active Ingredient, Solvent, Adjuvant)
- 6.2.4. By Type (Herbicide, Insecticide, Fungicide, Others)
- 6.2.5. By Application (Fruits & Vegetables, Oilseeds & Pulses, Ornamental Crops, Others)
- 6.2.6. By Company (2021)
- 6.2.7. By Region
- 6.3. Product Market Map
- 7. North America Pesticide Formulation Market Outlook
- 7.1. Market Size & Forecast
- 7.1.1. By Value
- 7.2. Market Share & Forecast
- 7.2.1. By Formulation Type (Liquid v/s Dry)
- 7.2.1.1. By Liquid (Emulsion, Solutions, Suspension, Others)
- 7.2.1.2. By Dry (Dust, Granules, Pellets, Wettable Powders, Others)
- 7.2.2. By Product Type (Concentrated Formulations v/s Ready-to-Use-Formulations)
- 7.2.3. By Component (Active Ingredient, Solvent, Adjuvant)
- 7.2.4. By Type (Herbicide, Insecticide, Fungicide, Others)
- 7.2.5. By Application (Fruits & Vegetables, Oilseeds & Pulses, Ornamental Crops, Others)
- 7.2.6. By Country
- 7.3. North America: Country Analysis
- 7.3.1. United States Pesticide Formulation Market Outlook
- 7.3.1.1. Market Size & Forecast
- 7.3.1.1.1. By Value
- 7.3.1.2. Market Share & Forecast
- 7.3.1.2.1. By Formulation Type
- 7.3.1.2.2. By Product Type
- 7.3.1.2.3. By Component
- 7.3.1.2.4. By Type
- 7.3.1.2.5. By Application
- 7.3.2. Mexico Pesticide Formulation Market Outlook
- 7.3.2.1. Market Size & Forecast
- 7.3.2.1.1. By Value
- 7.3.2.2. Market Share & Forecast
- 7.3.2.2.1. By Formulation Type
- 7.3.2.2.2. By Product Type
- 7.3.2.2.3. By Component
- 7.3.2.2.4. By Type
- 7.3.2.2.5. By Application
- 7.3.3. Canada Pesticide Formulation Market Outlook
- 7.3.3.1. Market Size & Forecast
- 7.3.3.1.1. By Value
- 7.3.3.2. Market Share & Forecast
- 7.3.3.2.1. By Formulation Type
- 7.3.3.2.2. By Product Type
- 7.3.3.2.3. By Component
- 7.3.3.2.4. By Type
- 7.3.3.2.5. By Application
- 8. Europe Pesticide Formulation Market Outlook
- 8.1. Market Size & Forecast
- 8.1.1. By Value
- 8.2. Market Share & Forecast
- 8.2.1. By Formulation Type (Liquid v/s Dry)
- 8.2.1.1. By Liquid (Emulsion, Solutions, Suspension, Others)
- 8.2.1.2. By Dry (Dust, Granules, Pellets, Wettable Powders, Others)
- 8.2.2. By Product Type (Concentrated Formulations v/s Ready-to-Use-Formulations)
- 8.2.3. By Component (Active Ingredient, Solvent, Adjuvant)
- 8.2.4. By Type (Herbicide, Insecticide, Fungicide, Others)
- 8.2.5. By Application (Fruits & Vegetables, Oilseeds & Pulses, Ornamental Crops, Others)
- 8.2.6. By Country
- 8.3. Europe: Country Analysis
- 8.3.1. France Pesticide Formulation Market Outlook
- 8.3.1.1. Market Size & Forecast
- 8.3.1.1.1. By Value
- 8.3.1.2. Market Share & Forecast
- 8.3.1.2.1. By Formulation Type
- 8.3.1.2.2. By Product Type
- 8.3.1.2.3. By Component
- 8.3.1.2.4. By Type
- 8.3.1.2.5. By Application
- 8.3.2. Germany Pesticide Formulation Market Outlook
- 8.3.2.1. Market Size & Forecast
- 8.3.2.1.1. By Value
- 8.3.2.2. Market Share & Forecast
- 8.3.2.2.1. By Formulation Type
- 8.3.2.2.2. By Product Type
- 8.3.2.2.3. By Component
- 8.3.2.2.4. By Type
- 8.3.2.2.5. By Application
- 8.3.3. United Kingdom Pesticide Formulation Market Outlook
- 8.3.3.1. Market Size & Forecast
- 8.3.3.1.1. By Value
- 8.3.3.2. Market Share & Forecast
- 8.3.3.2.1. By Formulation Type
- 8.3.3.2.2. By Product Type
- 8.3.3.2.3. By Component
- 8.3.3.2.4. By Type
- 8.3.3.2.5. By Application
- 8.3.4. Italy Pesticide Formulation Market Outlook
- 8.3.4.1. Market Size & Forecast
- 8.3.4.1.1. By Value
- 8.3.4.2. Market Share & Forecast
- 8.3.4.2.1. By Formulation Type
- 8.3.4.2.2. By Product Type
- 8.3.4.2.3. By Component
- 8.3.4.2.4. By Type
- 8.3.4.2.5. By Application
- 8.3.5. Spain Pesticide Formulation Market Outlook
- 8.3.5.1. Market Size & Forecast
- 8.3.5.1.1. By Value
- 8.3.5.2. Market Share & Forecast
- 8.3.5.2.1. By Formulation Type
- 8.3.5.2.2. By Product Type
- 8.3.5.2.3. By Component
- 8.3.5.2.4. By Type
- 8.3.5.2.5. By Application
- 9. Asia-Pacific Pesticide Formulation Market Outlook
- 9.1. Market Size & Forecast
- 9.1.1. By Value
- 9.2. Market Share & Forecast
- 9.2.1. By Formulation Type (Liquid v/s Dry)
- 9.2.1.1. By Liquid (Emulsion, Solutions, Suspension, Others)
- 9.2.1.2. By Dry (Dust, Granules, Pellets, Wettable Powders, Others)
- 9.2.2. By Product Type (Concentrated Formulations v/s Ready-to-Use-Formulations)
- 9.2.3. By Component (Active Ingredient, Solvent, Adjuvant)
- 9.2.4. By Type (Herbicide, Insecticide, Fungicide, Others)
- 9.2.5. By Application (Fruits & Vegetables, Oilseeds & Pulses, Ornamental Crops, Others)
- 9.2.6. By Country
- 9.3. Asia-Pacific: Country Analysis
- 9.3.1. China Pesticide Formulation Market Outlook
- 9.3.1.1. Market Size & Forecast
- 9.3.1.1.1. By Value
- 9.3.1.2. Market Share & Forecast
- 9.3.1.2.1. By Formulation Type
- 9.3.1.2.2. By Product Type
- 9.3.1.2.3. By Component
- 9.3.1.2.4. By Type
- 9.3.1.2.5. By Application
- 9.3.2. India Pesticide Formulation Market Outlook
- 9.3.2.1. Market Size & Forecast
- 9.3.2.1.1. By Value
- 9.3.2.2. Market Share & Forecast
- 9.3.2.2.1. By Formulation Type
- 9.3.2.2.2. By Product Type
- 9.3.2.2.3. By Component
- 9.3.2.2.4. By Type
- 9.3.2.2.5. By Application
- 9.3.3. South Korea Pesticide Formulation Market Outlook
- 9.3.3.1. Market Size & Forecast
- 9.3.3.1.1. By Value
- 9.3.3.2. Market Share & Forecast
- 9.3.3.2.1. By Formulation Type
- 9.3.3.2.2. By Product Type
- 9.3.3.2.3. By Component
- 9.3.3.2.4. By Type
- 9.3.3.2.5. By Application
- 9.3.4. Japan Pesticide Formulation Market Outlook
- 9.3.4.1. Market Size & Forecast
- 9.3.4.1.1. By Value
- 9.3.4.2. Market Share & Forecast
- 9.3.4.2.1. By Formulation Type
- 9.3.4.2.2. By Product Type
- 9.3.4.2.3. By Component
- 9.3.4.2.4. By Type
- 9.3.4.2.5. By Application
- 9.3.5. Australia Pesticide Formulation Market Outlook
- 9.3.5.1. Market Size & Forecast
- 9.3.5.1.1. By Value
- 9.3.5.2. Market Share & Forecast
- 9.3.5.2.1. By Formulation Type
- 9.3.5.2.2. By Product Type
- 9.3.5.2.3. By Component
- 9.3.5.2.4. By Type
- 9.3.5.2.5. By Application
- 10. South America Pesticide Formulation Market Outlook
- 10.1. Market Size & Forecast
- 10.1.1. By Value
- 10.2. Market Share & Forecast
- 10.2.1. By Formulation Type (Liquid v/s Dry)
- 10.2.1.1. By Liquid (Emulsion, Solutions, Suspension, Others)
- 10.2.1.2. By Dry (Dust, Granules, Pellets, Wettable Powders, Others)
- 10.2.2. By Product Type (Concentrated Formulations v/s Ready-to-Use-Formulations)
- 10.2.3. By Component (Active Ingredient, Solvent, Adjuvant)
- 10.2.4. By Type (Herbicide, Insecticide, Fungicide, Others)
- 10.2.5. By Application (Fruits & Vegetables, Oilseeds & Pulses, Ornamental Crops, Others)
- 10.2.6. By Country
- 10.3. South America: Country Analysis
- 10.3.1. Brazil Pesticide Formulation Market Outlook
- 10.3.1.1. Market Size & Forecast
- 10.3.1.1.1. By Value
- 10.3.1.2. Market Share & Forecast
- 10.3.1.2.1. By Formulation Type
- 10.3.1.2.2. By Product Type
- 10.3.1.2.3. By Component
- 10.3.1.2.4. By Type
- 10.3.1.2.5. By Application
- 10.3.2. Argentina Pesticide Formulation Market Outlook
- 10.3.2.1. Market Size & Forecast
- 10.3.2.1.1. By Value
- 10.3.2.2. Market Share & Forecast
- 10.3.2.2.1. By Formulation Type
- 10.3.2.2.2. By Product Type
- 10.3.2.2.3. By Component
- 10.3.2.2.4. By Type
- 10.3.2.2.5. By Application
- 10.3.3. Colombia Pesticide Formulation Market Outlook
- 10.3.3.1. Market Size & Forecast
- 10.3.3.1.1. By Value
- 10.3.3.2. Market Share & Forecast
- 10.3.3.2.1. By Formulation Type
- 10.3.3.2.2. By Product Type
- 10.3.3.2.3. By Component
- 10.3.3.2.4. By Type
- 10.3.3.2.5. By Application
- 11. Middle East and Africa Pesticide Formulation Market Outlook
- 11.1. Market Size & Forecast
- 11.1.1. By Value
- 11.2. Market Share & Forecast
- 11.2.1. By Formulation Type (Liquid v/s Dry)
- 11.2.1.1. By Liquid (Emulsion, Solutions, Suspension, Others)
- 11.2.1.2. By Dry (Dust, Granules, Pellets, Wettable Powders, Others)
- 11.2.2. By Product Type (Concentrated Formulations v/s Ready-to-Use-Formulations)
- 11.2.3. By Component (Active Ingredient, Solvent, Adjuvant)
- 11.2.4. By Type (Herbicide, Insecticide, Fungicide, Others)
- 11.2.5. By Application (Fruits & Vegetables, Oilseeds & Pulses, Ornamental Crops, Others)
- 11.2.6. By Country
- 11.3. MEA: Country Analysis
- 11.3.1. South Africa Pesticide Formulation Market Outlook
- 11.3.1.1. Market Size & Forecast
- 11.3.1.1.1. By Value
- 11.3.1.2. Market Share & Forecast
- 11.3.1.2.1. By Formulation Type
- 11.3.1.2.2. By Product Type
- 11.3.1.2.3. By Component
- 11.3.1.2.4. By Type
- 11.3.1.2.5. By Application
- 11.3.2. Saudi Arabia Pesticide Formulation Market Outlook
- 11.3.2.1. Market Size & Forecast
- 11.3.2.1.1. By Value
- 11.3.2.2. Market Share & Forecast
- 11.3.2.2.1. By Formulation Type
- 11.3.2.2.2. By Product Type
- 11.3.2.2.3. By Component
- 11.3.2.2.4. By Type
- 11.3.2.2.5. By Application
- 11.3.3. UAE Pesticide Formulation Market Outlook
- 11.3.3.1. Market Size & Forecast
- 11.3.3.1.1. By Value
- 11.3.3.2. Market Share & Forecast
- 11.3.3.2.1. By Formulation Type
- 11.3.3.2.2. By Product Type
- 11.3.3.2.3. By Component
- 11.3.3.2.4. By Type
- 11.3.3.2.5. By Application
- 12. Market Dynamics
- 12.1. Drivers
- 12.2. Challenges
- 13. Market Trends & Developments
- 14. Competitive Landscape
- 14.1. Bayer CropScience LLC
- 14.2. The Syngenta Group
- 14.3. BASF SE
- 14.4. UPL Limited
- 14.5. Rallis India Limited
- 14.6. ADAMA Agriculture Solutions Ltd
- 14.7. FMC Corporation
- 14.8. PI Industries Ltd.
- 14.9. Corteva, Inc.
- 14.10. Nagarjuna Fertilizers and Chemicals Limited
- 15. Strategic Recommendations
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook