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Pesticide Manufacturing in the US - Industry Market Research Report

  • June 2017
  • 43 pages
  • Ibisworld
Report ID: 198727

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Target organism: More GM crops will keep industry revenue in a moderate decline

Abstract
Pesticide Manufacturing in the US

Over the five years to 2017, companies have been negatively affected by declining demand and the subsequent reduction in industry product purchases from the agricultural sector. Additionally, volatile input prices have constrained profit margins. The ongoing adoption of genetically modified (GM) crops combined with lower farmer incomes, especially in the second half of the five-year period, caused revenue volatility to increase over the five years to 2017, with revenue estimated to decline. As the global supply glut of seeds and grains continues, crop production will continue to be negatively affected. In turn, demand for pesticides will decrease.

Over the five years to 2022, industry revenue is projected to continue experiencing tough growth conditions, and revenue is expected to increase only slightly.

Operators in this industry manufacture household and agricultural pest control chemicals. Industry products include pesticides and agricultural chemical products, such as herbicides, insecticides, fungicides, insect repellents, sheep dips, fly sprays and flea powders.

This industry does not manufacture fertilizers.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

MAJOR COMPANIES
- Bayer AG
- E.I. du Pont de Nemours and Company
- The Dow Chemical Company
- Monsanto Co.
- Syngenta AG

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