World Pesticides to 2009

SUMMARY

Global pesticides industry expected to rebound from sluggish period

Following a period of declines in overall market values, the global pesticides industry is expected to recover and register modest growth through 2009. Although difficult pricing environment and market maturity will substantially limit gains, this will represent a dramatic improvement over the past few years, when pesticide market value dropped off considerably, in large part due to the patent expiration for some major products.

Regulatory considerations continue to reshape the product mix

Regulatory forces have a more pervasive influence on the pesticide industry than they do in most other segments of the chemical industry. The perpetual effort to replace more environmentally damaging products with more benign alternatives leads to an ever-evolving array of active ingredients. This evolution has led to drastic reductions in the use of some products. As a result, growth of replacement products has been considerable. These products, such as those designated by the US

Environmental Protection Agency as "reduced risk pesticides" include glyphosate, upon which the wellknown ROUNDUP products are based. The US, Japan, Western Europe and a few other areas have the most stringent regulatory requirements for pesticides. However, nearly every country has some sort of regulatory framework in place.

Industry concentration

The global pesticide industry is fairly concentrated. Although a few hundred companies around the world produce active ingredients, the top six producers account for a large share of demand. These six firms compete in nearly every part of the world. However, other suppliers -- especially producers of generic actives whose patent protection has expired -- occupy important market positions.

Study coverage

Details on these and other key findings are contained in World Pesticides, a new Freedonia study available for $5100. This study presents historical data (1994, 1999, 2004) plus forecasts through 2009 and 2014 by type and market for 31 countries and 6 regions worldwide. Data is provided in metric tons and US dollars. The study also assesses agricultural trends and analyzes environmental and regulatory issues. In addition, it assesses market shares and profiles over 25 global industry competitors.

TABLE OF CONTENTS

INTRODUCTION

I. EXECUTIVE SUMMARY

II. MARKET ENVIRONMENT

General

World Economic Outlook

World Demographic Outlook

Total Population

Nonurban Population

World Agricultural Outlook

World Agricultural Land Usage

Wheat

Corn

Rice

Soybeans

Other Crops

Personal Expenditure Trends

Technological Developments

Environmental & Regulatory Considerations

North America

Western Europe

Other Regions

III. SUPPLY & DEMAND

General

Product Overview

Herbicides

Insecticides

Fungicides & Other

Markets Overview

Agriculture

Wheat

Corn

Rice

Soybeans

Other

International Trade Flows

IV. NORTH AMERICA

General

United States

Canada

Mexico

V. WESTERN EUROPE

General

France

Germany

Italy

Spain

United Kingdom

Other Western Europe

Austria

Belgium

Finland

Greece

Ireland

Netherlands

Portugal

All Other

VI. ASIA/PACIFIC

General

Australia

China

India

Japan

South Korea

Thailand

Other Asia/Pacific

VII. OTHER REGIONS

General

Latin America

Argentina

Brazil

Colombia

Other Latin America

Eastern Europe

Russia

Ukraine

Other Eastern Europe

Africa/Mideast

Iran

Other Africa/Mideast

VIII. INDUSTRY STRUCTURE

General

Market Share

Bayer CropScience

Syngenta

BASF Agricultural Products

Dow AgroSciences

DuPont Crop Protection

Monsanto

Other Leaders

Industry Restructuring

Manufacturing Strategies

Marketing

Distribution

Research & Development

Competitive Strategies

Cooperative Agreements

Company Profiles

Agro-Kanesho Company Limited

Agrovista UK Limited, see Marubeni

American Vanguard Corporation

AMVAC Chemical Corporation, see American Vanguard

Arkema, see Total SA

Arvesta Corporation, see Arysta LifeScience Corporation

Arysta LifeScience Corporation

BASF AG

Bayer AG

Black Flag Brands LLC, see Fountainhead Group

Calliope SAS, see Arysta LifeScience Corporation

Cerexagri Incorporated, see Total SA

Certis Europe BV, see Mitsui & Company

Control Solutions, see Makhteshim-Agan Industries

Crompton Corporation

Dow Chemical Company

DuPont (EI) de Nemours

Farm Saver Group, see Makhteshim-Agan Industries

Farmoz Pty Limited, see Makhteshim-Agan Industries

FMC Corporation

Fountainhead Group Incorporated

Great Lakes Chemical Corporation

Haesom Corporation, see Arysta LifeScience

Helena Chemical Company, see Marubeni

Hokko do Brasil Industria Quimica e Agropecuaria

Limitada, see Arysta LifeScience

Johnson (SC) & Son Incorporated

JohnsonDiversey Holdings Incorporated

Kanesho Soil Treatment SPRL, see Agro-Kanesho

Company and Mitsui & Company

LESCO Incorporated

Mabeno, see Makhteshim-Agan Industries

Makhteshim-Agan Industries Limited

Marubeni Corporation

Micro Flo Company, see BASF

Mitsui & Company Limited

Monsanto Company

Nippon Soda Company Limited

Nisso TM LLC, see Nippon Soda Company and Total

Nufarm Limited

Proficol SA, see Makhteshim-Agan Industries

Reckitt Benckiser plc

RiceCo LLC, see Makhteshim-Agan Industries

Scotts Miracle-Gro Company

SIPCAM-OXON Group

Sumitomo Chemical Company Limited

Syngenta AG

Total SA

Valent USA Corporation, see Sumitomo Chemical

Company

Other Companies Mentioned in Study

LIST OF TABLES

SECTION I -- EXECUTIVE SUMMARY

Summary Table

SECTION II -- MARKET ENVIRONMENT

1 World Gross Domestic Product by Region

2 World Population by Region

3 World Nonurban Population by Region

4 World Agricultural Output by Region

5 World Agricultural Land Usage by Region & Crop

6 World Personal Consumption Expenditures by Region

SECTION III -- SUPPLY & DEMAND

1 World Pesticide Demand by Region

2 World Pesticide Demand by Type

3 World Herbicide Demand by Region

4 World Insecticide Demand by Region

5 World Demand for Fungicides & Other Pesticides by Region & Type

6 World Pesticide Demand by Market

7 World Agricultural Pesticide Demand by Region

8 World Demand for Pesticides in Other Markets by Region

9 World Pesticide Net Exports by Region

SECTION IV -- NORTH AMERICA

1 North America: Agricultural Overview

2 North America: Pesticide Supply & Demand

3 North America: Pesticide Demand by Type & Market

4 United States: Agricultural Overview

5 United States: Pesticide Supply & Demand

6 United States: Pesticide Demand by Type & Market

7 Canada: Agricultural Overview

8 Canada: Pesticide Supply & Demand

9 Canada: Pesticide Demand by Type & Market

10 Mexico: Agricultural Overview

11 Mexico: Pesticide Supply & Demand

12 Mexico: Pesticide Demand by Type & Market

SECTION V -- WESTERN EUROPE

1 Western Europe: Agricultural Overview

2 Western Europe: Pesticide Supply & Demand

3 Western Europe: Pesticide Demand by Type & Market

4 France: Agricultural Overview

5 France: Pesticide Supply & Demand

6 France: Pesticide Demand by Type & Market

7 Germany: Agricultural Overview

8 Germany: Pesticide Supply & Demand

9 Germany: Pesticide Demand by Type & Market

10 Italy: Agricultural Overview

11 Italy: Pesticide Supply & Demand

12 Italy: Pesticide Demand by Type & Market

13 Spain: Agricultural Overview

14 Spain: Pesticide Supply & Demand

15 Spain: Pesticide Demand by Type & Market

16 United Kingdom: Agricultural Overview

17 United Kingdom: Pesticide Supply & Demand

18 United Kingdom: Pesticide Demand by Type & Market

19 Other Western Europe: Agricultural Overview

20 Other Western Europe: Pesticide Supply & Demand

21 Other Western Europe: Pesticide Demand by Type, Market & Country

SECTION VI -- ASIA PACIFIC

1 Asia/Pacific: Agricultural Overview

2 Asia/Pacific: Pesticide Supply & Demand

3 Asia/Pacific: Pesticide Demand by Type & Market

4 Australia: Agricultural Overview

5 Australia: Pesticide Supply & Demand

6 Australia: Pesticide Demand by Type & Market

7 China: Agricultural Overview

8 China: Pesticide Supply & Demand

9 China: Pesticide Demand by Type & Market

10 India: Agricultural Overview

11 India: Pesticide Supply & Demand

12 India: Pesticide Demand by Type & Market

13 Japan: Agricultural Overview

14 Japan: Pesticide Supply & Demand

15 Japan: Pesticide Demand by Type & Market

16 South Korea: Agricultural Overview

17 South Korea: Pesticide Supply & Demand

18 South Korea: Pesticide Demand by Type & Market

19 Thailand: Agricultural Overview

20 Thailand: Pesticide Supply & Demand

21 Thailand: Pesticide Demand by Type & Market

22 Other Asia/Pacific: Agricultural Overview

23 Other Asia/Pacific: Pesticide Supply & Demand

24 Other Asia/Pacific: Pesticide Demand by Type, Market & Country

SECTION VII -- OTHER REGIONS

1 Latin America: Agricultural Overview

2 Latin America: Pesticide Supply & Demand

3 Latin America: Pesticide Demand by Type & Market

4 Argentina: Agricultural Overview

5 Argentina: Pesticide Supply & Demand

6 Argentina: Pesticide Demand by Type & Market

7 Brazil: Agricultural Overview

8 Brazil: Pesticide Supply & Demand

9 Brazil: Pesticide Demand by Type & Market

10 Colombia: Agricultural Overview

11 Colombia: Pesticide Supply & Demand

12 Colombia: Pesticide Demand by Type & Market

13 Other Latin America: Agricultural Overview

14 Other Latin America: Pesticide Supply & Demand

15 Other Latin America: Pesticide Demand by Type, Market & Country

16 Eastern Europe: Agricultural Overview

17 Eastern Europe: Pesticide Supply & Demand

18 Eastern Europe: Pesticide Demand by Type & Market

19 Russia: Agricultural Overview

20 Russia: Pesticide Supply & Demand

21 Russia: Pesticide Demand by Type & Market

22 Ukraine: Agricultural Overview

23 Ukraine: Pesticide Supply & Demand

24 Ukraine: Pesticide Demand by Type & Market

25 Other Eastern Europe: Agricultural Overview

26 Other Eastern Europe: Pesticide Supply & Demand

27 Other Eastern Europe: Pesticide Demand by Type, Market & Country

28 Africa/Mideast: Agricultural Overview

29 Africa/Mideast: Pesticide Supply & Demand

30 Africa/Mideast: Pesticide Demand by Type & Market

31 Iran: Agricultural Overview

32 Iran: Pesticide Supply & Demand

33 Iran: Pesticide Demand by Type & Market

34 Other Africa/Mideast: Agricultural Overview

35 Other Africa/Mideast: Pesticide Supply & Demand

36 Other Africa/Mideast: Pesticide Demand by Type, Market & Country

SECTION VIII -- INDUSTRY STRUCTURE

1 World Pesticide Sales by Company, 2004

2 Selected Acquisitions & Divestitures

3 Selected Cooperative Agreements

LIST OF CHARTS

SECTION II -- MARKET ENVIRONMENT

1 Leading Wheat Producing Countries, 2004

2 Leading Corn Producing Countries, 2004

3 Leading Rice Producing Countries, 2004

4 Leading Soybean Producing Countries, 2004

SECTION III -- SUPPLY & DEMAND

1 World Pesticide Demand by Region, 2004

2 Agricultural Output & Pesticide Demand Relationship, 2004

3 World Herbicide Demand by Region, 2004

4 World Insecticide Demand by Region, 2004

5 World Demand for Fungicides & Other Pesticides by Region, 2004

6 World Agricultural Pesticide Demand by Region, 2004

7 World Demand for Pesticides in Other Markets by Region, 2004

SECTION IV -- NORTH AMERICA

1 North America: Pesticide Demand by Country, 2004

SECTION V -- WESTERN EUROPE

1 Western Europe: Pesticide Demand by Country, 2004

SECTION VI -- ASIA/PACIFIC

1 Asia/Pacific: Pesticide Demand by Country, 2004

SECTION VII -- OTHER REGIONS

1 Latin America: Pesticide Demand by Country, 2004

2 Eastern Europe: Pesticide Demand by Country, 2004

3 Africa/Mideast: Pesticide Demand by Country, 2004

SECTION VIII -- INDUSTRY STRUCTURE

1 World Pesticide Market Share, 2004