Global Agrochemical Tank Market Size, Share, And Business Benefits By Type ((Vertical Tanks, Conical Tans, Horizontal Tanks, Others), Mother Tanks, PCU Tanks), By Size (500-1500 liters, 15000 - 30000 liters, Less Than 30,000 liters), By Application (Water Storage Tanks, Chemical Storage Tanks, Fertilizer Storage Tanks, Wine/Fuel Storage Tanks, Others), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2025-2034

Report Overview

The Global Agrochemical Tank Market is expected to be worth around USD 2.4 billion by 2034, up from USD 1.5 billion in 2024, and is projected to grow at a CAGR of 4.6% from 2025 to 2034. North America’s 43.90% share highlights its leadership with USD 0.6 Bn.

Agrochemical tanks are specialized storage and handling units used for liquid or powdered agricultural chemicals such as pesticides, herbicides, and fertilizers. These tanks are built with materials that resist corrosion and chemical reactions, ensuring safe storage, mixing, and application of agrochemicals in farms. As modern farming increasingly relies on precision agriculture, the demand for efficient chemical handling solutions is rising. Growth factors include the need for improved crop yields, government initiatives on safe pesticide usage, and growing adoption of mechanized farming practices.

The organic spices and herbs market revolves around naturally grown, chemical-free seasonings such as turmeric, cumin, coriander, ginger, basil, and oregano. Rising consumer preference for clean-label food, health benefits linked to organic consumption, and the popularity of ethnic cuisines worldwide are major demand drivers. With exports increasing from spice-producing countries, the market is witnessing strong growth opportunities in both the food and wellness sectors.

Funding activities highlight strong investor interest in sustainable agrifood solutions. For example, Arbuda Agrochemicals filed an NSE Emerge IPO for 64 lakh shares to fund a ₹120 crore debt repayment and establish a new ALP production line. Similarly, Kotak Fund invested $45 million in Cropnosys, marking its third deal in the agrochemical space, while the Global Environment Facility approved $68 million for agrifood system innovations. In addition, Cropnosys’ $45 million raise was spotlighted in The Week in AgriFoodTech alongside Rockstart’s second agrifood fund and Dave Friedberg’s new role, reflecting broader opportunities in the sector.

Together, these developments show how agrochemical infrastructure and the organic spices and herbs market are both driven by strong consumer demand, efficiency needs in farming, and sustained financial support from global investors. This synergy creates opportunities for safer agricultural practices and healthier food choices worldwide.

Key Takeaways

• The Global Agrochemical Tank Market is expected to be worth around USD 2.4 billion by 2034, up from USD 1.5 billion in 2024, and is projected to grow at a CAGR of 4.6% from 2025 to 2034.
• Vertical tanks dominate the agrochemical tank market, accounting for 38.3% due to their efficient design.
• Tanks below 30,000 liters lead with 38.6%, supporting small- to medium-scale farming operations globally.
• Water storage tanks hold the largest share at 41.9%, driven by rising irrigation and crop needs.
• The North America Agrochemical Tank Market value stood strong at USD 0.6 Bn.

By Type Analysis

Vertical tanks dominate the agrochemical tank market, holding a 38.3% share.

In 2024, Vertical Tanks held a dominant market position in the By Type segment of the Agrochemical Tank Market, with a 38.3% share. Their strong adoption comes from ease of installation, higher storage capacity, and suitability for a wide range of agrochemical applications.

Vertical designs are widely preferred by farmers and distributors for bulk storage of fertilizers and pesticides, ensuring safety and efficient handling. The durability and cost-effectiveness of these tanks further contribute to their popularity in agricultural supply chains. With increasing focus on modern farming practices and chemical management, vertical tanks continue to represent the most relied-upon storage solution, solidifying their leadership in this segment of the agrochemical tank industry.

By Size Analysis

Tanks under 30,000 liters capture 38.6% of the agrochemical tank market.

In 2024, <30,000 liters held a dominant market position in the By Size segment of the Agrochemical Tank Market, with a 38.6% share. This size range is highly preferred due to its flexibility, easier mobility, and suitability for medium to large farming operations.

Farmers and distributors often adopt these tanks for storing and transporting fertilizers, pesticides, and other agrochemicals in manageable volumes, ensuring safe usage and reduced wastage. The practicality of <30,000-liter tanks also makes them cost-efficient for widespread agricultural applications, balancing storage needs with operational convenience. Their strong acceptance underscores the importance of versatile storage solutions in supporting modern agricultural practices and safe chemical management.

By Application Analysis

Water storage tanks lead applications, covering 41.9% of the agrochemical tank market.

In 2024, Water Storage Tanks held a dominant market position in the by-application segment of the agrochemical tank market, with a 41.9% share. These tanks are essential in ensuring a reliable water supply for mixing and diluting agrochemicals before field application. Their widespread use is driven by the growing need for efficient irrigation support and proper chemical blending in farming operations.

Water storage tanks provide farmers with consistent access to water reserves, enabling precise and safe handling of fertilizers and pesticides. The high preference for these tanks highlights their critical role in improving agricultural efficiency, ensuring safe practices, and supporting the growing demand for dependable agrochemical management systems.

Key Market Segments

By Type

• Vertical Tanks
• Conical Tans
• Horizontal Tanks
• Others
  • Mother Tanks
  • PCU Tanks

By Size

• 500-1500 liters
• 15000 – 30000 liters
• <30,000 liters

By Application

• Water Storage Tanks
• Chemical Storage Tanks
• Fertilizer Storage Tanks
• Wine/Fuel Storage Tanks
• Others

Driving Factors

Rising Need for Safe Agrochemical Storage Solutions

One of the biggest driving factors for the agrochemical tank market is the rising need for safe and efficient storage of agrochemicals. Farmers are increasingly using pesticides, herbicides, and fertilizers to improve crop yields, which makes proper handling and storage very important. Tanks designed for agrochemicals help prevent leaks, contamination, and wastage, ensuring both safety and efficiency in farming operations.

As farming practices modernize, demand for durable tanks that can manage large volumes of inputs continues to grow. Recent funding activities also highlight the sector’s potential. AgZen secured $10 million in Series A funding to advance agricultural input optimization, while specialty chemicals startup Scimplify raised $9.5 million to strengthen its innovations in the agriculture supply chain.

Restraining Factors

High Initial Investment Limits Wider Market Adoption

A major restraining factor for the Agrochemical Tank Market is the high initial investment required for quality tanks. Farmers, especially small and medium-scale ones, often find it difficult to afford modern storage solutions due to their upfront costs. While these tanks provide long-term safety and efficiency, the immediate financial burden makes many hesitate to invest.

Additionally, transportation and installation expenses add to the overall cost, further slowing down adoption in cost-sensitive regions. Limited awareness about the long-term savings and benefits of agrochemical tanks also contributes to this restraint. As a result, although demand is strong, affordability challenges remain a key barrier that prevents wider acceptance across different farming communities.

Growth Opportunity

Expanding Investment in Advanced Agricultural Storage Solutions

A key growth opportunity for the agrochemical tank market lies in the rising flow of investments supporting advanced agricultural storage and input management solutions. As farmers look for safer, more efficient, and environmentally responsible ways to handle agrochemicals, the demand for innovative tank systems is set to increase. These tanks play a vital role in preventing chemical wastage, ensuring proper mixing, and improving overall farm productivity. Strong funding support further highlights this opportunity.

Vive Crop Protection secured $11.2 million CAD as an extension to its Series C round to improve the efficiency of agricultural chemicals, while India Agri Business Fund II invested US$15 million in an agrochemical company, signaling confidence in the sector’s long-term potential.

Latest Trends

Rising Shift Toward Smart and Durable Tank Systems

One of the latest trends in the Agrochemical Tank Market is the growing shift toward smart and durable tank systems that enhance both safety and efficiency. Farmers are increasingly seeking tanks with advanced materials that resist corrosion, extend lifespan, and ensure safe storage of fertilizers and pesticides.

Alongside durability, technology integration is gaining attention, with tanks designed to support precise measurement and controlled dispensing of agrochemicals. This not only reduces wastage but also supports sustainable farming practices. The investment climate reflects this trend as well. India Agri Business Fund recently invested Rs 100 crore in Parijat Industries, highlighting the focus on strengthening agricultural infrastructure and promoting safer agrochemical management systems for future farming needs.

Regional Analysis

In 2024, North America dominated the Agrochemical Tank Market with 43.90%.

The Agrochemical Tank Market shows varied growth trends across key regions, including North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America.

In 2024, North America emerged as the leading region, holding a dominant 43.90% share valued at USD 0.6 billion. This strong position is supported by the region’s advanced farming practices, higher adoption of modern agricultural storage systems, and growing demand for safe chemical management.

Europe continues to reflect steady growth with its focus on sustainable agricultural operations and stricter regulations on chemical handling, which drive the need for reliable tank systems. Asia Pacific shows significant potential, with its large agricultural base and increasing mechanization contributing to higher demand for durable storage solutions.

Meanwhile, the Middle East & Africa and Latin America are gradually expanding, driven by rising awareness of chemical safety and efficiency in farming operations. Although these regions are still developing their infrastructure, they hold long-term potential as governments and farmers shift toward safer agrochemical management.

With North America clearly dominating the market, supported by its 43.90% share, the competitive landscape highlights both the current regional strengths and the opportunities emerging in fast-growing agricultural economies.

Key Regions and Countries

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • The UK
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • Rest of APAC
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of MEA

Key Players Analysis

CF Industries, a leading producer of nitrogen-based fertilizers, remains focused on ensuring efficient handling and safe storage of its agrochemical products. The company’s emphasis on reliable delivery and application highlights the importance of tanks as a critical link between production and usage, ensuring farmers can maximize yields while maintaining safety.

BASF, a global leader in chemicals and agricultural solutions, continues to push forward with innovations that align with sustainable farming practices. Its broad agrochemical portfolio demands effective tank systems for mixing, storage, and application, and the company’s strong position reflects its ability to meet the growing needs of both large-scale farms and distributors. BASF’s long-standing expertise in developing efficient inputs complements the rising demand for modern agrochemical tanks that emphasize safety and performance.

AdvanSix, known for its production of ammonium sulfate fertilizers and chemical intermediates, contributes to the market through a focus on precision and quality in agricultural inputs. The company’s offerings depend on proper storage and delivery infrastructure, making tanks an essential part of its supply chain. By aligning its solutions with the increasing demand for efficient nutrient management, AdvanSix strengthens its relevance in the agrochemical ecosystem.

Top Key Players in the Market

• CF Industries
• BASF
• AdvanSix
• Yara International
• Orica
• Solvay
• Arkema
• Nufarm
• ICL Group
• Haifa Group

Recent Developments

• In March 2025, at CHINAPLAS, BASF unveiled a plastic commercial vehicle air tank co-developed with WAL Low Carbon Technology, made from their Ultramid® polyamide material.
• In April 2024, CF Industries signed a joint development agreement with JERA to explore building a low-carbon ammonia production facility (~1.4 million metric tons per year) at its Blue Point Complex in Louisiana.

Report Scope