Agrochemicals or chemical products used in agriculture like pesticides, fertilizers, insecticides, fungicides, herbicides, etc. may also include hormones and other chemical growth agents. Generally agrochemicals are toxic in nature and pose an environmental risk. That is why market for agrochemicals is highly and strictly regulated.
The global agricultural chemicals market is dominated by the Asia-Pacific region which has seen rapid growth in recent years. Among the Asia-Pacific countries, China is the top leading market for agrochemicals because of its agriculture boost over the last years. It is not only the biggest market for agrochemicals in Asia Pacific, but also the biggest consumer of fertilizers globally.
Other countries are also not behind in the growth of consumption of agrochemicals. Countries from Southeast Asia use their share of increase in chemicals and fertilizers.