[Ranking] TOP 25 Agricultural Chemicals / Chemicals Companies Q3/2023
Intro
The agricultural chemicals industry plays a vital role in the global economy, providing essential products and solutions that support agricultural practices worldwide. From fertilizers to pesticides, this sub-industry within the broader chemicals sector is responsible for developing and manufacturing the chemical substances necessary for modern agriculture.
With its profound influence, the agricultural chemicals industry has far-reaching effects across diverse sectors. The availability and effectiveness of these chemicals directly impact crop yields and food production, which in turn affects food prices, global trade, and food security. Additionally, the industry's advancements in sustainable farming practices and environmental stewardship contribute to the overall sustainability and well-being of our planet.
The economic magnitude of the agricultural chemicals sector is substantial and continues to grow. As the global population expands, there is an increasing demand for food, driving the need for higher agricultural productivity. This, in turn, fuels the demand for innovative agricultural chemicals that can enhance crop yields and protect against pests and diseases. With the industry's upward trajectory, it is attracting significant investments and witnessing robust market growth.
In recent years, the agricultural chemicals industry has faced various trends, breakthroughs, and obstacles that shape its landscape. Key trends include the shift towards organic and sustainable agriculture, the development of precision farming technologies, and the increasing adoption of biotechnology in crop protection. Breakthroughs in research and technology have led to the introduction of advanced formulations, bio-based products, and digital farming solutions. However, the industry also faces challenges such as regulatory hurdles, environmental concerns, and the need to address the negative impacts of certain chemical substances on human health and the environment.
The agricultural chemicals industry is an ever-changing landscape, driven by evolving consumer preferences, technological advancements, and regulatory developments. The exploration of the industry's leading companies is crucial to understanding the current state of the sector and the innovations that are shaping its future. By examining the top players in the agricultural chemicals sub-industry, we can gain insights into the strategies, products, and initiatives that are driving growth and sustainability in this critical sector.
Ranking
#25 UPL Limited
Employees: 8.5K
Revenue: 1.2B$
Website: https://www.uplonline.com
Description: UPL Limited, headquartered in Mumbai, India, is a leading player in the Agricultural Chemicals industry. With a history dating back to 1969, UPL has established itself as a key player in the global market. The company operates in the production and distribution of a wide range of agricultural chemicals, including pesticides, herbicides, and fungicides. UPL's innovative solutions and commitment to sustainable agriculture have made it a trusted partner for farmers worldwide. With a workforce of 8.5 thousand employees, UPL generates an annual revenue of 1.2 billion dollars, contributing to its strong position in the industry.
#24 Terra Nitrogen Company, L.P.
Employees: 0.5K
Revenue: 1.2B$
Website: https://www.terranitrogen.com
Description: Terra Nitrogen Company, L.P. is a leading player in the Agricultural Chemicals industry. Headquartered in Deerfield, United States, the company specializes in the production and distribution of nitrogen-based fertilizers and related products. Founded in 1991, Terra Nitrogen operates within the broader Chemicals sector, with a focus on serving the agricultural sector. With a workforce of approximately 500 employees, the company generates an annual revenue of around 1.2 billion dollars. Terra Nitrogen is committed to providing high-quality fertilizers that enhance crop productivity while minimizing environmental impact. Their products are trusted by farmers around the world to optimize yield and improve soil health.
#23 Nufarm Limited
Employees: 2K
Revenue: 1.5B$
Website: https://www.nufarm.com
Description: Nufarm Limited is a leading agricultural chemical company headquartered in Melbourne, Australia. Founded in 1959, Nufarm operates in the Agricultural Chemicals industry, providing innovative solutions for crop protection and enhancement. With a workforce of approximately 2,000 employees, Nufarm is committed to developing and delivering high-quality products that help farmers improve crop yields and protect their harvests. The company's revenue is estimated to be around 1.5 billion USD, making it a key player in the global agricultural chemicals market. Nufarm's dedication to sustainable agriculture and its focus on research and development have solidified its position as a trusted partner for farmers worldwide.
#22 OCI Nitrogen
Employees: 1.5K
Revenue: 2.3B$
Website: https://www.oci.nl/
Description: OCI Nitrogen, headquartered in Geleen, Netherlands, is a leading player in the Agricultural Chemicals industry. With a rich history dating back to 1929, the company has established itself as a key contributor in the chemical sector. OCI Nitrogen employs approximately 1.5 thousand employees and generates an impressive annual revenue of 2.3 billion US dollars. The company specializes in the production and distribution of nitrogen-based fertilizers, which play a vital role in enhancing crop yield and agricultural productivity. OCI Nitrogen's commitment to innovation, sustainability, and customer satisfaction has positioned it as a trusted partner in the global agricultural chemicals market.
#21 Uralkali
Employees: 13K
Revenue: 2.3B$
Website: https://www.uralkali.com/
Description: Uralkali is a leading company in the Agricultural Chemicals industry. Headquartered in Berezniki, Russia, the company was founded in 1930. With a workforce of approximately 13,000 employees, Uralkali is dedicated to the production and distribution of chemical fertilizers and potassium-based products. The company plays a crucial role in supporting global agriculture by providing essential nutrients for crops and ensuring food security. Uralkali's revenue reached 2.3 billion USD, making it one of the key players in the agricultural chemicals market. Through its innovative solutions and commitment to sustainability, Uralkali continues to contribute to the growth and development of the industry.
#20 Israel Chemicals Ltd.
Employees: 4K
Revenue: 2.5B$
Website: https://www.israelchemicals.com
Description: Israel Chemicals Ltd. (ICL) is a leading company in the Agricultural Chemicals industry. Headquartered in Tel Aviv, Israel, ICL operates primarily in Asia. Founded in 1968, the company has grown to employ approximately 4,000 employees. With an annual revenue of 2.5 billion US dollars, ICL is a key player in the agricultural chemicals sector. Through their innovative solutions, ICL provides a wide range of products and services to support sustainable agriculture, including fertilizers, specialty chemicals, and crop protection solutions. Committed to environmental responsibility, ICL focuses on developing sustainable and efficient solutions to meet the evolving needs of the agricultural industry.
#19 PhosAgro
Employees: 5K
Revenue: 3B$
Website: https://www.phosagro.com
Description: PhosAgro is a leading global producer of agricultural chemicals, specializing in the production of phosphate-based fertilizers. Headquartered in Moscow, Russia, PhosAgro operates in the Chemicals industry. With a workforce of approximately 5,000 employees, PhosAgro contributes to the growth of the agriculture sector by providing high-quality fertilizers that enhance crop yields and improve soil fertility. The company was founded in 2001 and has since established itself as a key player in the global agricultural chemicals market. PhosAgro's revenue reached 3 billion dollars, positioning the company as a major player in the industry.
#18 ADAMA Agricultural Solutions Ltd
Employees: 6K
Revenue: 3.2B$
Website: https://www.adama.com
Description: ADAMA Agricultural Solutions Ltd, based in Airport City, Israel, is a leading global provider of agricultural chemicals. With a history dating back to 1945, ADAMA is committed to helping farmers maximize their crop yields while minimizing the impact on the environment. The company offers a wide range of crop protection products, including herbicides, insecticides, and fungicides, as well as seed treatment and plant growth regulators. ADAMA operates in over 100 countries and employs approximately 6,000 people worldwide. With annual revenue of 3.2 billion dollars, ADAMA is dedicated to providing innovative solutions to the agricultural industry and supporting sustainable farming practices.
#17 Corteva Agriscience
Employees: 20K
Revenue: 3.5B$
Website: https://www.corteva.com
Description: Corteva Agriscience, headquartered in Wilmington, United States, is a leading company in the Agricultural Chemicals industry. Established in 2019, the company has a workforce of approximately 20,000 employees. With an annual revenue of 3.5 billion dollars, Corteva Agriscience specializes in the development and production of agricultural chemicals. Their innovative solutions and products are designed to enhance crop protection, seed technologies, and digital platforms, contributing to sustainable agriculture. Corteva Agriscience is committed to addressing the challenges faced by farmers worldwide and driving advancements in the agricultural chemicals sector.
#16 K+S AG
Employees: 15K
Revenue: 4B$
Website: https://www.kpluss.com
Description: K+S AG is a leading player in the Agricultural Chemicals industry. Headquartered in Kassel, Germany, the company was founded in 1889. With a workforce of approximately 15,000 employees, K+S AG operates in the production and marketing of fertilizers, plant care products, and salt products for various applications. They offer a wide range of innovative and sustainable solutions to support agricultural activities and ensure food security. K+S AG's revenue stands at around 4 billion US dollars, reflecting their strong market presence and successful business operations in the Agricultural Chemicals sector.
#15 FMC Corporation
Employees: 7.5K
Revenue: 4.4B$
Website: https://www.fmc.com
Description: FMC Corporation is a leading player in the Agricultural Chemicals industry. Headquartered in Philadelphia, United States, FMC has a rich history dating back to 1883. The company specializes in the development and production of innovative crop protection products, such as herbicides, insecticides, and fungicides, that help farmers improve agricultural productivity and protect their crops from pests and diseases. With a workforce of approximately 7,500 employees, FMC operates globally and serves customers in more than 100 countries. The company's annual revenue amounts to 4.4 billion US dollars, making it a significant player in the agricultural chemicals market.
#14 Monsanto Company
Employees: 20K
Revenue: 4.7B$
Website: https://www.monsanto.com
Description: Monsanto Company, headquartered in St. Louis, United States, is a leading player in the Agricultural Chemicals industry. Founded in 1901, Monsanto specializes in the development and production of agricultural products, including seeds, biotechnology traits, and herbicides. With a workforce of around 20,000 employees, the company generates an estimated revenue of 4.7 billion dollars. Monsanto's innovative solutions aim to enhance crop productivity, protect crops from diseases and pests, and promote sustainable agriculture. With its commitment to research and development, Monsanto continues to contribute to the advancement of agricultural technology and the global food supply chain.
#13 Lanxess AG
Employees: 14K
Revenue: 7.2B$
Website: https://lanxess.com
Description: Lanxess AG is a leading company in the Agricultural Chemicals industry. Headquartered in Cologne, Germany, Lanxess operates in Europe. Since its establishment in 2004, the company has grown to employ approximately 14,000 individuals globally. With an annual revenue of 7.2 billion US dollars, Lanxess is a key player in the industry. The company specializes in the development, production, and distribution of chemicals for agricultural applications. Lanxess AG is dedicated to providing innovative solutions and high-quality products to support the agricultural sector in improving crop yield and sustainability.
#12 The Mosaic Company
Employees: 12K
Revenue: 9.6B$
Website: https://www.mosaicco.com/
Description: The Mosaic Company is a leading producer and marketer of concentrated phosphate and potash crop nutrients. With headquarters in Tampa, Florida, the company operates in the Agricultural Chemicals industry. Mosaic's phosphate and potash products are used by farmers globally to improve crop yields and quality. The company's operations span across North America, South America, and Asia, with mines and production facilities strategically located to serve key agricultural regions. Mosaic is committed to sustainable practices, including environmental stewardship, responsible mining, and supporting local communities. With a workforce of approximately 12,000 employees, the company generated revenue of 9.6 billion dollars in the most recent fiscal year.
#11 Mitsui Chemicals, Inc.
Employees: 20K
Revenue: 10B$
Website: https://www.mitsuichem.com/
Description: Mitsui Chemicals, Inc., headquartered in Tokyo, Japan, is a leading company in the Agricultural Chemicals industry. With a history dating back to 1955, Mitsui Chemicals has established itself as a key player in the market. The company employs approximately 20,000 people globally and generates an annual revenue of around 10 billion dollars. Mitsui Chemicals focuses on developing and providing innovative chemical solutions for the agricultural sector, including fertilizers, pesticides, and herbicides. Their products are designed to enhance crop yields, improve plant health, and protect against pests and diseases. Through continuous research and development, Mitsui Chemicals strives to contribute to sustainable agriculture and food security worldwide.
#10 Syngenta AG
Employees: 21K
Revenue: 13.4B$
Website: https://www.syngenta.com/
Description: Syngenta AG, headquartered in Basel, Switzerland, is a leading player in the Agricultural Chemicals industry. Founded in 2000, the company is dedicated to providing innovative solutions for sustainable agriculture. With a workforce of approximately 21,000 employees, Syngenta works tirelessly to develop and produce crop protection products, such as herbicides, insecticides, and fungicides, as well as seeds and traits that help farmers enhance crop productivity and protect their yields. The company's revenue stands at an impressive 13.4 billion dollars, reflecting its strong market presence and successful product portfolio. Syngenta's commitment to research and development, along with its global reach, positions it as a major contributor to the advancement of the agricultural chemicals sector.
#9 Sumitomo Chemical Co., Ltd.
Employees: 39K
Revenue: 14B$
Website: https://www.sumitomo-chem.co.jp/
Description: Sumitomo Chemical Co., Ltd. is a Japanese company headquartered in Tokyo. Founded in 1913, the company operates in the Agricultural Chemicals industry within the Chemicals sector. With approximately 39,000 employees, Sumitomo Chemical is a major player in the industry. The company generates an annual revenue of around 14 billion US dollars. Sumitomo Chemical is involved in the development, production, and sales of a wide range of agricultural chemicals that contribute to crop protection and enhance agricultural productivity. Through its innovative solutions, the company aims to address the challenges faced by the agriculture sector and contribute to sustainable food production.
#8 Sinochem Group
Employees: 100K
Revenue: 15B$
Website: https://www.sinochemgroup.com
Description: Sinochem Group is a leading player in the Agricultural Chemicals industry. With its headquarters in Beijing, China, the company has been operating since 1950. Sinochem Group employs approximately 100,000 people globally and generates an annual revenue of 15 billion dollars. The company is involved in the development, manufacturing, and distribution of agricultural chemicals, including fertilizers, pesticides, and herbicides. Sinochem Group is committed to providing innovative solutions that enhance crop productivity and sustainability, helping farmers around the world meet the growing demand for food production. Through its extensive network and partnerships, Sinochem Group serves customers in both domestic and international markets, contributing to the advancement of the Agricultural Chemicals industry.
#7 Agrium Inc.
Employees: 16K
Revenue: 18B$
Website: https://www.agrium.com
Description: Agrium Inc., headquartered in Calgary, Canada, is a leading company in the Agricultural Chemicals industry. Founded in 1931, Agrium operates globally, providing innovative solutions in crop nutrients, crop protection, and seed technologies. With approximately 16,000 employees, Agrium is dedicated to helping farmers optimize their yields and improve food production sustainably. The company offers a wide range of products and services to enhance plant nutrition, protect against pests and diseases, and promote crop growth. Agrium's revenue reached 18 billion dollars, reflecting its strong position in the market and its commitment to delivering value to its customers and shareholders.
#6 Nutrien Ltd.
Employees: 14K
Revenue: 27B$
Website: https://www.nutrien.com
Description: Nutrien Ltd. is a leading company in the Agricultural Chemicals industry. With its headquarters in Saskatoon, Canada, Nutrien operates primarily in North America. The company was founded in 2018 and has a workforce of approximately 14,000 employees. Nutrien generates an annual revenue of around 27 billion US dollars. Nutrien specializes in the production and distribution of fertilizers, crop protection products, and other agricultural chemicals. The company plays a crucial role in supporting global food production and sustainable agriculture practices, providing solutions to farmers and agricultural businesses to enhance crop yields and optimize resource utilization. Through its innovative products and services, Nutrien contributes to the advancement of the Chemicals industry and the overall agricultural sector.
#5 Yara International ASA
Employees: 16K
Revenue: 30B$
Website: https://www.yara.com
Description: Yara International ASA is a leading company in the Agricultural Chemicals industry. Headquartered in Oslo, Norway, Yara specializes in the production and distribution of fertilizers, industrial products, and environmental solutions. With a history dating back to 1905, Yara has become a global leader in the agricultural sector, providing sustainable solutions to increase crop yields and improve food production. The company has a workforce of approximately 16,000 employees worldwide, who are dedicated to driving innovation and promoting sustainable agricultural practices. Yara's revenue stands at an impressive 30 billion US dollars, reflecting its strong market presence and successful business operations in the Chemicals industry.
#4 ChemChina
Employees: 140K
Revenue: 40B$
Website: https://www.chemchina.com/
Description: ChemChina, headquartered in Beijing, China, is a major player in the Agricultural Chemicals industry. Founded in 2004, the company has quickly grown to employ approximately 140,000 people worldwide. With a revenue of 40 billion dollars, ChemChina is a leading producer of agricultural chemicals, offering a wide range of products including fertilizers, herbicides, insecticides, and fungicides. The company's dedication to innovation and sustainable agricultural practices has made it a trusted partner for farmers around the globe. Through its extensive research and development efforts, ChemChina continues to introduce cutting-edge solutions to address the challenges faced by the agricultural industry, ensuring food security and promoting sustainable farming practices.
#3 Bayer AG
Employees: 100K
Revenue: 46B$
Website: https://www.bayer.com
Description: Bayer AG, headquartered in Leverkusen, Germany, is a leading company in the Agricultural Chemicals industry. Founded in 1863, Bayer AG has a workforce of approximately 100,000 employees. The company generates an annual revenue of 46 billion dollars. Bayer AG specializes in the development and production of various agricultural chemicals, including pesticides, herbicides, and fertilizers. They are dedicated to providing innovative solutions to enhance crop yields, protect crops from diseases and pests, and promote sustainable agriculture practices. With a strong focus on research and development, Bayer AG continues to introduce advanced technologies and products to support farmers and contribute to global food security.
#2 BASF SE
Employees: 122.9K
Revenue: 59.3B$
Website: https://www.basf.com
Description: BASF SE, headquartered in Ludwigshafen, Germany, is a leading company in the Agricultural Chemicals industry. With a history dating back to 1865, BASF has established itself as a key player in the chemicals sector. In the Agricultural Chemicals segment, BASF offers a wide range of products and solutions to support sustainable agriculture. Their portfolio includes herbicides, fungicides, insecticides, and seed treatments that help farmers protect their crops and enhance productivity. Leveraging their expertise in chemistry, BASF develops innovative solutions to address the challenges faced by farmers globally. Through continuous research and development, BASF strives to provide effective and sustainable solutions that contribute to food security and environmental stewardship.
#1 DowDuPont Inc
Employees: 98K
Revenue: 86B$
Website: https://www.dowdupont.com
Description: DowDuPont Inc, headquartered in Wilmington, United States, is a leading company in the Agricultural Chemicals industry. The company was founded in 2017 and currently employs approximately 98,000 employees. With an annual revenue of 86 billion USD, DowDuPont Inc operates in the Chemicals industry, specifically focusing on the production and distribution of agricultural chemicals. The company's website, https://www.dowdupont.com, provides more information about their activities and offerings in this sector.
Summary
The agricultural chemicals sub-industry has seen significant growth in recent years, with several key players emerging as industry leaders. The top companies in this sub-industry include giants like Bayer, BASF, DowDuPont, Syngenta, and Monsanto, which have consistently ranked among the top performers in the agricultural chemicals sector.
One outstanding finding from the analysis is the increasing focus on sustainable and environmentally friendly agricultural chemicals. Many of the top companies have made significant investments in research and development to develop innovative products that minimize the impact on the environment while still providing effective solutions for farmers.
Bayer, a global leader in the agricultural chemicals industry, has been at the forefront of developing sustainable solutions for farmers. Their Crop Science division offers a wide range of products that help increase crop yields while reducing the use of chemicals.
A common element among the top companies is their strong emphasis on research and development. These leading firms invest heavily in developing new technologies and products to address the challenges faced by farmers, such as pests, diseases, and weeds. They collaborate with farmers and agricultural experts to understand their needs and develop tailored solutions.
What sets these top companies apart from their rivals is their ability to provide holistic solutions to farmers. They not only offer a wide range of agricultural chemicals but also provide support services, such as training programs, crop monitoring, and advisory services. This comprehensive approach helps farmers optimize their crop production and make informed decisions.