The enterprises’ earnings in the
agrochemicals landscape for the quarter ended September is most likely to be subdued when compared to that of speciality chemical ones and this is owing to uneven distribution of rains as well as weak off take of volumes during the period.
Owing to India government’s agriculture-focused initiatives to optimize manufacturing as well as decrease crop loss, the country has emerged as one of the largest agrochemical manufacturers, globally. With total
pesticide consumption of sixty-two thousand metric tons last year, the market has reached an estimated value of USD 7.2 billion & this consumption is based heavily on the weather as well as rainfall patterns. And what has led to driving a higher consumption of pesticides is the higher temperatures & moisture that has led to a higher possibility of infestation from pests.
While the Indian agrichemical market is dominated by the surge in demand for insecticides as well as fungicides which together account for seventy-five per cent of the total consumption there is a rise in the usage of biopesticides that now accounts for fifteen per cent of the market, as the Indian government focuses more on promoting sustainable agriculture practices.
Population explosion has given rise to surge in demand for food and this makes it more necessary for crop output, and that in turn necessitates the higher usage of agrochemicals with an aim to boost crop productivity. While some of the major factors bolstering the market growth are pest infestations as well as crop yields & capacity for acquiring products, the surge in demand for insecticide across the globe is driving the agrochemicals market expansion.
Bayer Crop Science - one of the leading agrochemical companies is dedicated to provide the best quality products which would help in enhancing and optimizing the overall yield of the farms coupled with boosting the quality. Owing to the innovative approach followed by Bayer, it has become the face of agrochemical companies.
Increasing use of biopesticides in agriculture
Today farmers are moving to use biopesticides since they are becoming aware of the dangers that can be caused by chemical insecticides and this is one of the reasons why biopesticides are
becoming popular in the agrochemicals market.
Furthermore, biopesticides is anticipated to grow at a significant rate and it is predicted to be facilitated by the fact that countries across the world have transformed the regulations to not encourage the high use of chemical pesticides but rather encourage the use of biological pesticides.
As one of the leading agrochemical companies, Syngenta is dedicated for delivering the best solutions in the form of quality products that is manufactured leveraging world-class science. Also, with the support of innovative crop solutions, Syngenta envisions enhancing sustainability of the agriculture businesses.
Agrochemical Analysis
Although agrochemicals have come a long way from the creation of synthetic fertilizers the need for formulation make up of agrochemicals is becoming even more apparent and the necessity to better understand & maximize the agricultural manufacturing process is also becoming equally important.
Malvern Panalytical renders a wide range of analytical tools for the characterization of agrochemical products for assisting the development of new agrochemicals & for quality control as well as production optimization.
The company’s expertise and its products can facilitate both the analysis & optimization of agrochemical products in order to assist the development of new agrochemicals, for quality control & production optimization.
Furthermore, the company can also assist the agrochemical industry by enabling them to maximize spray formulations & spray apparatus in order to ensure optimum droplet size for any given application/environment & these products can help clients to control particle size as well as shape of power formulations for obtaining optimum & consistent flow, spreading & packing characteristics. It helps in enhancing dissolution behavior as well as the activity rate of fertilizers & pesticides, to organize the soil types in terms of their composition as well as the physical characteristics & facilitates in characterizing & synthesizing functional polymers for use in agrochemical formulations.
Innovative solutions in agrochemicals industry
With superabsorbent hydrogels, the use of polymers in agriculture is increasing & is used for optimizing soil properties as well as functional polymers that is used for optimizing the efficiency & stability of pesticides. In addition to this, polymers are also used for controlling the atomization behaviour of agrochemical sprays.
Established in 1883, Pennsylvania headquartered FMC manufactures agricultural insecticides. The company is serving and delivering uniquely innovative solutions for the agricultural field.
The road ahead
Currently, India is one among the top 10 exporters of agricultural products with approximately fifty per cent of the demand arising from outside its borders. Agrochemicals exports have gone high steadily apart from the domestic demand growth that diversifies based on the rainfall pattern and some of the top export destinations of agrochemicals include Brazil, US, Japan etc. Lastly, to decrease the dependence on external sourcing of raw materials, more and more firms are looking at localizing supply of raw materials. They are planning to ensure it either by building or acquiring plants in order to manufacture raw materials & intermediates themselves.
