Agrochemicals play a critical role in the global agricultural value chain by enabling higher crop productivity, protecting yields from pests and diseases, and supporting a consistent food supply amid rising population pressure. As farming systems become more intensive and climate variability increases, agrochemicals remain integral to modern agriculture, helping farmers optimize output while adapting to evolving agronomic and regulatory requirements. The market continues to evolve toward more efficient, targeted, and sustainable solutions, driven by innovation from leading agrochemical manufacturers.
The following are the top 10 players in the Agrochemicals Market
Stepan Company
Founded in 1932 in Northfield, Illinois, Stepan Company began as a specialty chemical manufacturer focused on surfactants and industrial chemicals. Over the decades, it expanded into the agricultural sector, producing adjuvants and other specialty ingredients that enhance the performance of crop protection products. Today, Stepan is recognized for its innovative solutions in agrochemicals and sustainable chemistry.
2025 Highlight: In August 2025, Stepan expanded its Advanced Formulation Services (AFS) platform through strategic partnerships (e.g., with SynTech Research) and officially opened its alkoxylation facility in Pasadena, Texas, late in the year.
Strategic Impact: These moves strengthen Stepan’s position in formulation chemistry and surfactants used in crop protection, diversifying revenue streams and enhancing its role in high-growth agricultural end markets. Expanding production capacity also supports customer service resilience and long-term margin improvement.
ADAMA Ltd.
ADAMA Ltd., originally known as Makhteshim-Agan, was established in 1945 in Palestine. It grew from a regional pesticide producer into a global crop protection company offering herbicides, insecticides, fungicides, and plant nutrition solutions. The company is known for its focus on practical, affordable solutions for farmers worldwide and is now part of the ChemChina group, expanding its global footprint.
2025 Highlight: In March 2025, ADAMA strengthened its market presence by securing regional distribution agreements, including a collaboration with UPL in India for surfactant-based crop protection products, thereby expanding access across high-growth agricultural markets.
Strategic Impact: Strengthening regional partnerships allows ADAMA to accelerate penetration in key emerging markets where affordable, high-performance crop protection is in demand, thereby bolstering volume growth and local competitiveness.
Croda International Plc
Founded in 1925 in the UK, Croda International started as a producer of lanolin for cosmetics and industrial applications. Over time, it diversified into specialty chemicals, including surfactants for agrochemicals. Croda’s focus on high-performance, sustainable adjuvants and formulation additives has made it a key player in modern crop protection and agricultural innovation.
2025 Highlight: In June 2025, Evonik Industries AG advanced its portfolio of biodegradable and smart adjuvant technologies, with a focus on improving the environmental performance and application efficiency of crop protection products.
Strategic Impact: A dedicated agrochem innovation hub positions Croda to lead in next-gen adjuvants and dispersants that improve agrochemical performance and sustainability, which are critical differentiators as precision agriculture gains traction.
Evonik Industries AG
Background: Evonik, headquartered in Germany, was officially formed in 2007 through the restructuring of Degussa AG, but its industrial chemical roots date back to the 19th century. Evonik has become a global leader in specialty chemicals, including innovative surfactants and adjuvants for agriculture. Its portfolio emphasizes sustainable and high-efficiency solutions that enhance crop protection performance.
2025 Highlight: In June 2025, Evonik launched biodegradable and smart adjuvant technologies, including trisiloxane surfactants, polyglycerol ester-based surfactants, sophorolipid biosurfactants, and specialty BREAK‑THRU® additives like SP 133 and SF 420, aimed at improving deposition, enhancing biological compatibility, and supporting sustainable crop protection.
Strategic Impact: By aligning its portfolio with environmental and regulatory priorities, Evonik enhances its appeal to formulators seeking low-impact additives expanding its addressable market and long-term relevance.
Nufarm
Background: Nufarm, founded in 1956 in Australia, began as a supplier of agricultural chemicals to local farmers. Over the decades, it expanded globally, offering herbicides, insecticides, and fungicides tailored for a wide range of crops. The company has increasingly invested in sustainable and biological crop protection solutions, reinforcing its position as a forward-looking agrochemical supplier.
2025 Highlight: In April 2025, Nufarm advanced its portfolio diversification by expanding sustainable and biological crop protection solutions, with tailored herbicide–insecticide combinations gaining significant market traction.
Strategic Impact: This strategic shift supports Nufarm’s resilience amid price and regulatory pressures on traditional chemistry, improving its competitive positioning in both developed and emerging markets.
Clariant AG
Clariant AG was established in 1995 in Switzerland following a spin-off from Sandoz’s chemical division. The company focuses on specialty chemicals, including innovative adjuvants and formulation solutions for the agricultural sector. Clariant emphasizes sustainability and efficiency, helping improve crop protection performance while reducing environmental impact.
2025 Highlight: In May 2025, Clariant established strategic partnerships to co-develop innovative, eco-friendly surfactant solutions for crop protection, focusing on improving spray efficiency, enhancing active ingredient uptake, and supporting sustainable and environmentally compliant agricultural practices.
Strategic Impact: Collaborating with agtech and specialty partners accelerates Clariant’s product development and expands its footprint in sustainable adjuvants supporting growth in a market increasingly focused on efficacy and environmental compliance.
The DOW Chemical Company
Background: Dow Chemical was founded in 1897 in Midland, Michigan, by Herbert Henry Dow. Initially producing bromine-based chemicals, Dow evolved into a global leader in plastics, chemicals, and agricultural solutions. Its crop protection business includes surfactants, adjuvants, and innovative technologies aimed at improving spray efficiency and agricultural productivity.
2025 Highlight: In July 2025, Dow launched a digital platform designed to optimize surfactant application in agriculture, enabling farmers and formulators to improve spray efficiency, reduce chemical waste, and integrate data-driven insights for more precise and sustainable crop protection practices.
Strategic Impact: Integrating digital tools with core chemical products helps Dow differentiate offerings, drive adoption of precision agriculture practices, and retain customers through value-added services.
Huntsman International LLC
Huntsman was established in 1970 in the United States and quickly grew into a diversified global chemical manufacturer. While primarily known for polyurethane and performance chemicals, Huntsman also supplies specialty chemicals that support agrochemical formulations. The company focuses on operational efficiency and innovative chemical solutions for various industries, including agriculture.
2025 Highlight: In August 2025, Huntsman focused on financial and operational resilience amid industry cyclicality, implementing cost-control measures and restructuring initiatives to strengthen EBITDA performance, optimize cash flow, and maintain strategic flexibility in its specialty chemicals and agrochemical supply segments.
Strategic Impact: While not a direct product innovation in agrochemicals, this operational emphasis supports Huntsman’s ability to navigate volatile markets and maintain investment capacity in specialty chemical segments that serve agrochemical supply chains.
Bayer AG
Bayer, founded in 1863 in Germany, is one of the world’s oldest and largest chemical and pharmaceutical companies. Its Crop Science division has grown into a leading global agrochemical business, offering herbicides, insecticides, fungicides, and biological solutions. Bayer is recognized for integrating sustainability, digital agriculture, and innovation into its crop protection portfolio.
2025 Highlight: In September 2025, Bayer’s Crop Science division advanced its commitment to sustainability by launching biodegradable surfactants and climate-smart crop protection solutions, while reinforcing its role in supporting farmer productivity and long-term agricultural resilience.
Strategic Impact: Renewed focus on sustainability and digital integration enhances Bayer’s competitive edge, supports regulatory compliance, and strengthens its value proposition to growers prioritizing yield and environmental stewardship.
BASF SE
Established in 1865 in Germany, BASF SE is the world’s largest chemical company. Its agricultural solutions division provides a broad range of crop protection products, including herbicides, fungicides, insecticides, and seed treatments. BASF focuses on sustainable agriculture, innovative chemistry, and global market expansion, particularly in high-growth regions.
2025 Highlight: In October 2025, BASF introduced biodegradable surfactants, expanded its production capacity in Asia, and launched key insecticides, including Prexio® Active, targeting high-growth APAC markets to strengthen its sustainable crop protection portfolio and regional market presence.
Strategic Impact: Expanding eco-friendly product lines and regional manufacturing footprint deepens BASF’s market penetration, improves supply chain reliability, and aligns with global sustainability agendas, reinforcing its leadership in crop protection chemistry.
Agrochemicals play a critical role in the global agricultural value chain by enabling higher crop productivity, protecting yields from pests and diseases, and supporting a consistent food supply amid rising population pressure. As farming systems become more intensive and climate variability increases, agrochemicals remain integral to modern agriculture, helping farmers optimize output while adapting to evolving agronomic and regulatory requirements. The market continues to evolve toward more efficient, targeted, and sustainable solutions, driven by innovation from leading agrochemical manufacturers.
The following are the top 10 players in the Agrochemicals Market
Stepan Company
Founded in 1932 in Northfield, Illinois, Stepan Company began as a specialty chemical manufacturer focused on surfactants and industrial chemicals. Over the decades, it expanded into the agricultural sector, producing adjuvants and other specialty ingredients that enhance the performance of crop protection products. Today, Stepan is recognized for its innovative solutions in agrochemicals and sustainable chemistry.
2025 Highlight: In August 2025, Stepan expanded its Advanced Formulation Services (AFS) platform through strategic partnerships (e.g., with SynTech Research) and officially opened its alkoxylation facility in Pasadena, Texas, late in the year.
Strategic Impact: These moves strengthen Stepan’s position in formulation chemistry and surfactants used in crop protection, diversifying revenue streams and enhancing its role in high-growth agricultural end markets. Expanding production capacity also supports customer service resilience and long-term margin improvement.
ADAMA Ltd.
ADAMA Ltd., originally known as Makhteshim-Agan, was established in 1945 in Palestine. It grew from a regional pesticide producer into a global crop protection company offering herbicides, insecticides, fungicides, and plant nutrition solutions. The company is known for its focus on practical, affordable solutions for farmers worldwide and is now part of the ChemChina group, expanding its global footprint.
2025 Highlight: In March 2025, ADAMA strengthened its market presence by securing regional distribution agreements, including a collaboration with UPL in India for surfactant-based crop protection products, thereby expanding access across high-growth agricultural markets.
Strategic Impact: Strengthening regional partnerships allows ADAMA to accelerate penetration in key emerging markets where affordable, high-performance crop protection is in demand, thereby bolstering volume growth and local competitiveness.
Croda International Plc
Founded in 1925 in the UK, Croda International started as a producer of lanolin for cosmetics and industrial applications. Over time, it diversified into specialty chemicals, including surfactants for agrochemicals. Croda’s focus on high-performance, sustainable adjuvants and formulation additives has made it a key player in modern crop protection and agricultural innovation.
2025 Highlight: In June 2025, Evonik Industries AG advanced its portfolio of biodegradable and smart adjuvant technologies, with a focus on improving the environmental performance and application efficiency of crop protection products.
Strategic Impact: A dedicated agrochem innovation hub positions Croda to lead in next-gen adjuvants and dispersants that improve agrochemical performance and sustainability, which are critical differentiators as precision agriculture gains traction.
Evonik Industries AG
Background: Evonik, headquartered in Germany, was officially formed in 2007 through the restructuring of Degussa AG, but its industrial chemical roots date back to the 19th century. Evonik has become a global leader in specialty chemicals, including innovative surfactants and adjuvants for agriculture. Its portfolio emphasizes sustainable and high-efficiency solutions that enhance crop protection performance.
2025 Highlight: In June 2025, Evonik launched biodegradable and smart adjuvant technologies, including trisiloxane surfactants, polyglycerol ester-based surfactants, sophorolipid biosurfactants, and specialty BREAK‑THRU® additives like SP 133 and SF 420, aimed at improving deposition, enhancing biological compatibility, and supporting sustainable crop protection.
Strategic Impact: By aligning its portfolio with environmental and regulatory priorities, Evonik enhances its appeal to formulators seeking low-impact additives expanding its addressable market and long-term relevance.
Nufarm
Background: Nufarm, founded in 1956 in Australia, began as a supplier of agricultural chemicals to local farmers. Over the decades, it expanded globally, offering herbicides, insecticides, and fungicides tailored for a wide range of crops. The company has increasingly invested in sustainable and biological crop protection solutions, reinforcing its position as a forward-looking agrochemical supplier.
2025 Highlight: In April 2025, Nufarm advanced its portfolio diversification by expanding sustainable and biological crop protection solutions, with tailored herbicide–insecticide combinations gaining significant market traction.
Strategic Impact: This strategic shift supports Nufarm’s resilience amid price and regulatory pressures on traditional chemistry, improving its competitive positioning in both developed and emerging markets.
Clariant AG
Clariant AG was established in 1995 in Switzerland following a spin-off from Sandoz’s chemical division. The company focuses on specialty chemicals, including innovative adjuvants and formulation solutions for the agricultural sector. Clariant emphasizes sustainability and efficiency, helping improve crop protection performance while reducing environmental impact.
2025 Highlight: In May 2025, Clariant established strategic partnerships to co-develop innovative, eco-friendly surfactant solutions for crop protection, focusing on improving spray efficiency, enhancing active ingredient uptake, and supporting sustainable and environmentally compliant agricultural practices.
Strategic Impact: Collaborating with agtech and specialty partners accelerates Clariant’s product development and expands its footprint in sustainable adjuvants supporting growth in a market increasingly focused on efficacy and environmental compliance.
The DOW Chemical Company
Background: Dow Chemical was founded in 1897 in Midland, Michigan, by Herbert Henry Dow. Initially producing bromine-based chemicals, Dow evolved into a global leader in plastics, chemicals, and agricultural solutions. Its crop protection business includes surfactants, adjuvants, and innovative technologies aimed at improving spray efficiency and agricultural productivity.
2025 Highlight: In July 2025, Dow launched a digital platform designed to optimize surfactant application in agriculture, enabling farmers and formulators to improve spray efficiency, reduce chemical waste, and integrate data-driven insights for more precise and sustainable crop protection practices.
Strategic Impact: Integrating digital tools with core chemical products helps Dow differentiate offerings, drive adoption of precision agriculture practices, and retain customers through value-added services.
Huntsman International LLC
Huntsman was established in 1970 in the United States and quickly grew into a diversified global chemical manufacturer. While primarily known for polyurethane and performance chemicals, Huntsman also supplies specialty chemicals that support agrochemical formulations. The company focuses on operational efficiency and innovative chemical solutions for various industries, including agriculture.
2025 Highlight: In August 2025, Huntsman focused on financial and operational resilience amid industry cyclicality, implementing cost-control measures and restructuring initiatives to strengthen EBITDA performance, optimize cash flow, and maintain strategic flexibility in its specialty chemicals and agrochemical supply segments.
Strategic Impact: While not a direct product innovation in agrochemicals, this operational emphasis supports Huntsman’s ability to navigate volatile markets and maintain investment capacity in specialty chemical segments that serve agrochemical supply chains.
Bayer AG
Bayer, founded in 1863 in Germany, is one of the world’s oldest and largest chemical and pharmaceutical companies. Its Crop Science division has grown into a leading global agrochemical business, offering herbicides, insecticides, fungicides, and biological solutions. Bayer is recognized for integrating sustainability, digital agriculture, and innovation into its crop protection portfolio.
2025 Highlight: In September 2025, Bayer’s Crop Science division advanced its commitment to sustainability by launching biodegradable surfactants and climate-smart crop protection solutions, while reinforcing its role in supporting farmer productivity and long-term agricultural resilience.
Strategic Impact: Renewed focus on sustainability and digital integration enhances Bayer’s competitive edge, supports regulatory compliance, and strengthens its value proposition to growers prioritizing yield and environmental stewardship.
BASF SE
Established in 1865 in Germany, BASF SE is the world’s largest chemical company. Its agricultural solutions division provides a broad range of crop protection products, including herbicides, fungicides, insecticides, and seed treatments. BASF focuses on sustainable agriculture, innovative chemistry, and global market expansion, particularly in high-growth regions.
2025 Highlight: In October 2025, BASF introduced biodegradable surfactants, expanded its production capacity in Asia, and launched key insecticides, including Prexio® Active, targeting high-growth APAC markets to strengthen its sustainable crop protection portfolio and regional market presence.
Strategic Impact: Expanding eco-friendly product lines and regional manufacturing footprint deepens BASF’s market penetration, improves supply chain reliability, and aligns with global sustainability agendas, reinforcing its leadership in crop protection chemistry.
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