China Is Both The Largest Producer And Consumer Of Fertilizers In Interantional Market

The Chinese agrochemicals market is segmented in detail as per various types of pesticide, fertilizer, adjuvants and PGR. Fertilizer forms the largest segment here while pesticides show higher growth trend. In pesticides, herbicides alone account for 40% of the market share. The market is further segmented application wise as crop-based such as cereals, grains, oilseeds, and vegetables and non-crop-based applications.  China represents the largest agrochemicals markets of the Asian continent. Currently, China is leading the market with its developing agricultural sector to cater to the need of its ever growing population. Globally, China is not only the largest producer but also the largest consumer of fertilizers.