Agricultural Chemicals Industry Overview

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Industry Description

Companies that manufacture nitrogenous and phosphatic fertilizers, pesticides, seed, or other agricultural chemical products.

Industry Trends

Consolidation

The agrochemical sector, which has undergone considerable consolidation in recent years, is now dominated by four global companies: Syngenta, Bayer, BASF, and Monsanto. A long downturn in farming has prompted mergers and acquisitions in the crop protection market. These large agrochemical producers are better able to withstand regional shocks such as bad weather, economic crisis, or tighter regulation.

Industry Competitors

Industry Codes

Hoover's has developed its own industry classifications to better serve its customers. These classifications are mapped to the North American Industry Classification System (NAICS) and the older U.S. Standard Industrial Classification (SIC) system. The Agricultural Chemicals maps to a number of NAICS codes including:

NAICS
NAICS Title
Nitrogenous Fertilizer Manufacturing
Phosphatic Fertilizer Manufacturing
Fertilizer (Mixing Only) Manufacturing
Pesticide and Other Agricultural Chemical Manufacturing

Industry Associations & Organizations

Related Industries

Industry Financials

Using the 2002 Census Bureau Economic Census, Hoover's has generated an industry financial summary for the Agricultural Chemicals industry.

Indicator
Total
NAICS Codes
5
Establishments
987
Sales, receipts or shipments ($1,000)
$20,437,374
Annual Payroll ($1,000)
$1,661,741
Paid Employees
34,750

Industry People



Industry Jobs

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From CareerBuilder