Crop Protection Chemicals Market Projected To Grow At A 5.15% by 2021 The Market Is Driven By Rising Demand For Biopesticides

Press Release   •   Feb 10, 2017 06:11 EST

Global Crop Protection Chemicals Market projected to grow at a CAGR of 5.15%

The global crop protection chemicals market is projected to reach a value of USD 70.57 billion by 2021, growing at a CAGR of 5.15% from 2016 to 2021. The market is driven by factors such as rising crop loss due to pest attacks, growing need for food security for the increasing population, and rising preference for biopesticides. The changing farming practices from traditional to conventional clubbed with advanced technologies and promotion of Integrated Pest Management (IPM) by the governments of many countries across the world drives the demand for crop protection chemicals in the agriculture sector.

Herbicides accounted for the largest market share in 2015 among the types of crop protection chemicals”

On the basis of type, crop protection chemicals are segmented into herbicides, insecticides, fungicides and others which include acaroids, rodenticides, nematicides, disinfectants, fumigants, mineral oils, and other crop protection chemicals such as sulfur, and petroleum oils sulfuric acid. Among these, herbicides accounted for the largest market share in 2015, followed by insecticides and fungicides. Herbicides are largely used for protecting cereals & oilseeds from harmful weeds that restrict the growth of crops.

Complete report on Sterile Crop Protection Chemicals spread across 182 pages, profiling 10 companies and supported with 91 tables and 56 figures is now available at http://www.rnrmarketresearch.com/crop-protection-chemicals-market-by-types-herbicides-fungicides-insecticides-bio-pesticides-and-adjuvants-by-crop-types-by-geography-global-trends-and-forecast-to-2018-market-report.html

“Foliar spray segment led the market with the largest share in 2015”

On the basis of mode of application, the crop protection chemicals market segmented into foliar spray, seed treatment, soil treatment and others which include Chemigation and fumigation. The market was led by foliar spray followed by soil treatment and seed treatment. Foliar spray is largely used by farmers because of its high effectiveness and ease in usage.

“South America dominated the market with the largest share”

South America formed the largest market for crop protection chemicals in 2015, whereas Asia-Pacific accounted for the second-largest market share in 2015, and is projected to grow at the highest CAGR from 2016 to 2021.The global crop protection chemicals market is segmented region-wise, with a detailed analysis of each region by studying the key markets. These regions include North America, Europe, Asia-Pacific, South America, and the Rest of the World (RoW).

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Key players identified in the crop protection chemicals market include BASF SE (Germany), The Dow Chemical Company (U.S.), E.I. du Pont de Nemours and Company (U.S.), Sumitomo Chemical Co., Ltd. (Japan), and Syngenta AG (Switzerland). Along with these companies, the other players that have a strong presence in the crop protection chemicals market include Bayer CropScience AG (Germany), FMC Corporation (U.S.), Monsanto company (U.S.), Nufarm Limited (Australia), and ADAMA Agricultural Solutions Ltd. (Israel).

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on crop protection chemicals offered by the top players in the global crop protection chemicals market
  • Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and new product launches in the crop protection chemicals market
  • Market Development: Comprehensive information about lucrative emerging markets—the report analyzes the markets for crop protection chemicals across regions
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the global crop protection chemicals market
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global crop protection chemicals market

Market Overview on the following : Macro-Economic Indicators; Rising Population, Reducing Arable Land, Rising Food Prices, Market Segmentation by Type by Origin by Crop Type by Form, Mode of Application, Market Dynamics, Drivers, Increase in Need for Food Security Owing to the Rise in Population, Advancement in Farming Practices and Technology, Heavy Crop Loss Due to Pest Attacks, Restraints, Pesticide Residue Problems, Stringent Government Regulations, Opportunities, Rapid Growth in the Biopesticides Market and Organic Agriculture, High Opportunities in Developing Countries, Integrated Pest Management (IPM), Challenges, Evolution of Biotechnology and Increasing Acceptance of Gm Crops as an Alternative to Crop Protection Chemicals and Pest Resistance

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Industry Trends on the following ; Value Chain Analysis, Supply Chain Analysis, Prominent Companies, Small & Medium Enterprises, End Users, Key Influencers, Porter’s Five Forces Analysis, Threat of New Entrants, Threat of Substitutes, Bargaining Power of Suppliers, Bargaining Power of Buyers and Intensity of Competitive Rivalry

Crop Protection Chemicals Market By Type : Herbicides, Insecticides, Fungicides and Others

Crop Protection Chemicals Market, By Origin on the basis of Synthetic and Biopesticides

Crop Protection Chemicals Market, By Form on the basis of Liquid and Solid

Crop Protection Chemicals Market, By Mode of Application on basis of Foliar Spray, Seed Treatment, Soil Treatment and Others

Crop Protection Chemicals Market, By Region North America, U.S., Canada, Mexico, Europe, France, Germany, Spain, Italy, U.K, Rest of Europe, Asia-Pacific, China, Japan, India, Australia, Rest of Asia-Pacific, South America, Brazil, Argentina, Rest of South America, Rest of the World (RoW), South Africa

Competitive Landscape on the basis of Competitive Situations & Trends, Agreements, Collaborations, Joint Ventures & Partnerships, Acquisitions, New Product Developments and Expansions & Investments

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