With a share of 14.1 percent, the Chinese Sinochem conquers the highest step of the podium in the global agrochemical business, given by the website statista.com at around 83 billion dollars
Second and third are BASF and Bayer, with 11.9 and 9.5 percent, respectively. The top five is rounded out by the US company Corteva, formed from the merger of Dow and DuPont, with 8.1 percent, and India’s UPL with 7.2 percent.
It should be noted that the Sinochem figure also includes Chemchina, another Chinese giant that acquired Syngenta and Adama, both global players but not individually included in the ranking. In national terms, Germany thus scores 21.4 percent, but this is not enough to surpass either the 25.8 percent of Chinese companies overall, or the 22.5 percent of US companies, which include Corteva, FMC, Albaugh, Amvac, and Gowan.
At least according to the brands in the top 25 globally. The American share, however, would have been much higher if Monsanto had remained American instead of becoming German after its acquisition by Bayer.
Finally, an Australian curiosity: Nufarm ranks eighth in the global ranking, while no Italian brand is in the top 25, with Sipcam thus falling within the 11.6 percent of smaller brands overall.
Title: Global Agrochemical business: podium
Translation with ChatGPT
