Herbicides & Pesticides
Formulators of herbicide and pesticide end-use products.
Market snapshot
These figures describe Agricultural Chemicals & Fertilizers (5.2.2), the segment that Herbicides & Pesticides sits within — not Herbicides & Pesticides on its own.
- Market size
- ~$49B
- Growth
- ~9.2%CAGR (2017–22, nominal)
- Companies
- ~1,050
U.S. Census Bureau 2022 CBP/Economic Census, NAICS 325311/325312/325314/325315 (fertilizers) + 325320 (pesticides); 2022 figures reflect the fertilizer price spike.
Business model & economics
Revenue model
Fertilizer and crop-protection product sales
Key economics
- Recurring revenue
- Moderate
- EBITDA margin
- Highly cyclical with crop and energy prices
- Capex intensity
- High
seasonal recurring agricultural demand
Characteristics
- Prices spiked in 2021–22 on energy and supply disruption.
- Tied to crop prices and farm economics.
- Natural-gas costs drive nitrogen-fertilizer margins.
Geographic concentration
Agricultural chemical and fertilizer production concentrates near feedstock and farm demand — Iowa in the Corn Belt and the Gulf gas corridor of Louisiana, Oklahoma, and Alabama.
U.S. Census Bureau — 2022 County Business Patterns (employment by state), NAICS 325311/325312/325314/325315. Concentration shown by location quotient.
M&A deal context
Who’s acquiring
- Fertilizer majors
- Crop-protection leaders
- Ag-input consolidators
What’s driving deals
- Crop-price and farm-economics cycles.
- Consolidation around fertilizer and crop-protection majors.
- Energy-cost-driven margins.
Find Herbicides & Pesticides acquisition targets
Search Acquisera’s index for companies classified under Herbicides & Pesticides (5.2.2.3) and build a targeted deal pipeline.
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