1. The competitive pattern of the plant protection materials industry
On the whole, the development of the plant protection product industry is not only affected by increasingly strict policies and regulations, but also the difficulty of developing new compounds is gradually increasing, which also leads to the continuous increase in the cost of R&D of plant protection products and the gradual growth of the R&D cycle, which constitutes a high barrier to new enterprises entering the market.
In the current global crop protection products industry, only:Syngenta, Bayer, BASF, CortevaThe second-echelon enterprises with certain technical strength mainly focus on the processing of intermediates, expired patented raw materials and preparations. As an important raw material for the production of plant protection products, plant protection materials are becoming more and more complex, functional and safe with the increasingly refined, serialized, functional and green production of plant protection products.
With the continuous transfer of the world's agricultural industry to China, the scale of China's plant protection materials industry continues to expand, and the leading enterprises led by Lianhua Technology and Lier Chemical have a large production capacity, and the rest of the enterprises as a whole show a pattern of "many small and scattered". In recent years, with the development of plant protection products in ChinaReduction, toxicity reduction, residue reductionIn the direction of development, environment-friendly plant protection materials and plant protection products are becoming the key varieties of development, and it is expected to have great development prospects in the future.
Overview of the plant protection products industry
Plant protection products refer to various substances used to control diseases, pests and weeds that harm agricultural production, and play a vital role in agricultural yield and food safety. Most crops are grown without the use of appropriate crop protection products, reducing yields by more than half.
After decades of development, the global crop protection industry has become relatively mature, mainly divided into:Herbicides, insecticides, fungicides, seed coatings and other special usesProducts. On the whole, the development of the international plant protection industry is not only affected by increasingly strict policies and regulations, but also the difficulty of developing new compounds is increasing year by year, which also leads to the continuous increase in the cost of R&D of plant protection products and the gradual growth of the R&D cycle, which constitutes a very high barrier to new enterprises entering the market.
In the current global crop protection products industry, only large companies such as Syngenta Group, Bayer, BASF, Corteva and other large companies have the strength to engage in the large-scale creation of new active ingredients and corresponding preparations and own intellectual property rights, while the second echelon enterprises with certain technical strength mainly focus on the processing of intermediates, expired patented raw materials and preparations.
According to agbioinvestor, the global crop protection products market size was USD 65.8 billion in 2021, growing at a CAGR of 33%, mainly due to the increase in environmental protection requirements for plant protection products in European and American countries, resulting in a gradual decrease in the amount of low-end products.
According to AgbioInvestor**, the crop protection products market size is expected to grow at a CAGR of 22%, under the influence of factors such as the discovery of new products, the continuous application of new technologies in emerging markets, and the substitution of old products by advanced and environmentally friendly products, the overall market value of the plant protection products industry is expected to continue to increase.