Share this article Share this article NEW YORK, May 20, 2021 /PRNewswire/ -- Set to grow by USD 39.81 billion during 2021-2025, Technavio's latest market research report estimates the agrochemicals market to register a CAGR of over 4%. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Technavio has announced its latest market research report titled Agrochemicals Market by Product and Geography - Forecast and Analysis 2021-2025 The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Archer Daniels Midland Co., BASF SE, Bayer AG, Cargill Inc., CF Industries Holdings Inc., Corteva Inc., Evonik Industries AG, Nissan Chemical Corp., Nutrien Ltd., and Yara International ASA are some of the major market participants. The increasing use of herbicides will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.