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Global Fertilizers & Agricultural Chemicals Manufacturing Industry Market Research Report Now Available from IBISWorld
Date:12/15/2012

Los Angeles, CA (PRWEB) December 15, 2012

The Global Fertilizers and Agricultural Chemicals Manufacturing industry produces synthetic fertilizers, pesticides and other agricultural chemicals. As such, it plays an essential role in ensuring that the world's agricultural production systems are economically efficient in the short term and sustainable in the long term, says IBISWorld industry analyst Radia Amari. Over much of the past decade, the industry enjoyed moderate growth led by three main growth drivers: feed, food and biofuels.

Following a marked contraction in 2009, fertilizer and agrochemical demand has rebounded strongly in traditional markets and emerging markets, where food pressures have led to calls for higher agricultural productivity and crop yields. Industry production has also continued to recover from the depressed levels of 2008 and 2009, although it is still operating at less than 85.0% of installed capacity. Tight agricultural commodity markets and relatively high agricultural prices are benefiting the industry, says Amari. Industry revenue is expected to grow at an annualized rate of 3.3% over the five years through 2012. In 2012, revenue is estimated to reach $147.2 billion, up 2.2% from 2011. Global debt concerns are weighing on industry performance. At the same time, the industry will continue to contend with a changing climate, food security issues and establishing a green economy. The Global Fertilizers and Agricultural Chemicals M
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