Agriculture Grade Zinc Chemicals Market To witness Huge Expansion By 2030
The global agriculture grade zinc chemicals market size was estimated at USD 673.8 million in 2018 and is projected to reach USD 1.04 billion by 2025, growing at a CAGR of 6.3% from 2019 to 2025.
Agriculture Grade Zinc Chemicals Market Summary
The global agriculture grade zinc chemicals market size was estimated at USD 673.8 million in 2018 and is projected to reach USD 1.04 billion by 2025, growing at a CAGR of 6.3% from 2019 to 2025. This steady growth highlights the increasing importance of micronutrient-based inputs in modern agriculture to improve crop quality, soil health, and overall productivity across diverse farming regions.
Growing demand for the chemicals to maximize agricultural output per hectare from zinc-deficit agricultural lands is expected to fuel the growth. Zinc deficiency in soil negatively impacts crop yield and nutritional value, encouraging farmers to adopt zinc-based fertilizers and supplements to enhance plant growth and improve resistance to environmental stress.
Rising awareness about the significance of zinc chemicals in agriculture is projected to further augment the growth. Educational initiatives, government support programs, and improved access to agronomic information are helping farmers understand the role of zinc in enzyme activity, protein synthesis, and crop development.
Zinc, sulphur, bentonite, and chlorine are the major raw materials used for manufacturing agriculture grade chemicals. Apart from chlorine, all the other raw materials are naturally occurring and are available in sufficient quantities. The raw materials are refined before being used as a feedstock for the production of these products, ensuring consistent quality and effectiveness for agricultural applications.
Key Market Trends & Insights
- Asia Pacific dominated the agriculture grade zinc chemicals market in 2018. The region’s dominance is attributed to extensive agricultural activities, high prevalence of zinc-deficient soils, and strong demand from countries with large farming populations.
- India is anticipated to witness substantial CAGR of over 7%, in terms of revenue, from 2019 to 2025. Increasing fertilizer consumption, government initiatives to improve soil health, and rising awareness among farmers are supporting market growth in the country.
- By derivative, zinc sulphate segment emerged as the largest consumed derivative with a volume share of 57.3% in 2018. Its wide usage is driven by high solubility, cost-effectiveness, and suitability for various crops and soil types.
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Market Size & Forecast
- 2018 Market Size: USD 673.8 Million
- 2025 Projected Market Size: USD 1.04 Billion
- CAGR (2019-2025): 6.3%
- Asia Pacific: Largest market in 2018
Key Companies & Market Share Insights
Rising demand for the product in agricultural industry can mainly be attributed to poor soil nutrient content. Major agrochemical manufacturing companies such as UPL Limited and Syngenta AG are the end users of these products. The market is fragmented in nature with presence of large number of small-scale regional players and a few large companies with global supply networks. Major companies operating in the market have developed long-term contracts with leading global distributors.
Key Players
- IFFCO
- Yara International
- Zochem LLC
- EverZinc
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Conclusion
The agriculture grade zinc chemicals market demonstrates consistent growth driven by the need to address micronutrient deficiencies and enhance crop productivity. Increasing awareness, supportive agricultural policies, and the availability of raw materials continue to strengthen market expansion. Strong demand from Asia Pacific, particularly India, highlights the importance of zinc-based inputs in intensive farming systems. Dominance of zinc sulphate reflects its versatility and effectiveness. Overall, continued focus on soil health improvement and sustainable agricultural practices will remain central to the long-term development of this market globally.