Chemical Intermediates Market - Forecast(2021 - 2026)
Chemical Intermediates Market Overview Chemical Intermediates Market size is forecast to reach around $132.1 billion by 2026 , after growing at a C AGR of 8.2% during 2021-2026. Chemical intermediate is used for manufacturing drugs and agriculture chemicals such as pesticides and fertilizer. The primary occupation of every country is agriculture, and the growing acceptance of sustainable farming is driving the market growth. The increasing demand for food coupled with surging population further drive the growth of agriculture sector, which in turn propel the market growth in the coming years. Efficient crop production with better quality is required to satisfy this growing demand. The demand for agrochemical products is projected to be driven by these factors, thereby positively impacting the demand of the chemical intermediates market. Moreover, the development in the end-use industries such as petrochemicals, paints, building and construction, and pharmaceutical are driving the Ch