Crop Protection Chemicals Market Research Report
Crop Protection Chemicals Market is expected to grow at a CAGR over 4.9% from 2017 to 2023, Global Crop Protection Chemicals Industry categorizes the Global Market by Type, Formulation, Application and Region | Crop Protection Chemicals Market | MRFR - News and Updates
Crop Protection Chemicals Market is expected to grow at a CAGR over 4.9% from 2017 to 2023, Global Crop Protection Chemicals Industry categorizes the Global Market by Type, Formulation, Application and Region | Crop Protection Chemicals Market | MRFR - News and Updates
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<strong>Market</strong> Synopsis of <strong>Crop</strong> protection chemicals market<br />
<strong>Market</strong> Definition<br />
<strong>Crop</strong> protection is the practice of managing weather, weeds, pests, and diseases that damage or<br />
inhibit the growth of fruit, vegetable and other horticultural crops. <strong>Crop</strong> protection chemicals assist in<br />
these functions and promote plant growth. The most common types of crop protection chemicals<br />
include herbicides, fungicides, insecticides, and others. There are different formulations for<br />
application of crop protection chemicals such as emulsifiable concentrates, wettable powder, soluble<br />
powder, suspension concentrate, capsule suspensions, and others.<br />
<strong>Market</strong> Scenario<br />
<strong>Crop</strong> protection chemicals are used to promote plant health and increase agriculture productivity.<br />
They are applicable to oilseeds & pulses, cereals & grains, fruits & vegetables, and others. The<br />
continuous rising population is increasing the demand for high agricultural productivity and driving<br />
the growth of global crop protection chemicals market.<br />
Change in farming practices and technology leading to increasing acceptance of modern farming<br />
and protected agriculture is boosting the growth of the crop protection chemicals market. Moreover,<br />
limited availability of cultivable land due to increasing soil erosion and land pollution is further<br />
boosting the need for crop protection chemicals to increase farm productivity. However, several<br />
environmental and health hazards caused due to crop protection chemicals is restraining the growth<br />
of the market. Nevertheless, the market for natural crop protection chemicals can act as an<br />
opportunity for crop protection chemicals market.
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Key Findings<br />
<br />
<br />
Bio based crop protection chemicals are expected to offer huge growth opportunity in North<br />
America and Europe.<br />
Synthetically produced crop protection chemicals are gaining popularity globally owing to low<br />
cost and higher efficiency<br />
Segments<br />
<strong>Crop</strong> protection chemicals market is segmented on the basis of a type such as herbicides,<br />
fungicides, insecticides, and others. Among them, the herbicides segment is dominating the market<br />
followed by the fungicides market. The high utility of herbicides for destroying various herbs and<br />
unwanted weeds to minimize the crop loss is driving the growth of this segment.<br />
Based on the formulation, the crop protection chemicals market is segmented into emulsifiable<br />
concentrates, wettable powder, soluble powder, suspension concentrate, capsule suspensions, and<br />
others. Among all, the suspension concentrate is anticipated to grow substantially over the forecast<br />
period owing to reduced or no use of hazardous solvents and improved stability.<br />
On the basis of the method of application, the crop protection chemicals market is segmented into<br />
foliar, soil treatment, seed treatment, and others. The foliar applied crop protection chemicals are<br />
dominating the market and are expected to grow substantially over the forecast period.<br />
Based on the application of the crop protection chemicals, the market is segmented into oilseeds &<br />
pulses, cereals & grains, fruits & vegetables, and others. Among all, the fruits and vegetable<br />
segment is dominating the market. However, the segment cereals and grains are expected to<br />
witness substantial growth over the forecast period.<br />
Regional Analysis<br />
The global crop protection chemicals market is segmented into North America, Europe, Asia Pacific<br />
and rest of the world (RoW). Asia Pacific dominates the market and is projected to continue growing<br />
over the estimated period. India and China, two of the largest countries in terms of population are<br />
majorly contributing to the growth of crop protection chemicals in this region.<br />
North America is the second largest consumer of crop protection chemicals. However, stringent<br />
environmental regulations in the developed economies of North America and Europe have expected<br />
to restraint the market growth in these regions. In rest of the world, South America is dominating the<br />
market.<br />
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Key Players<br />
Some of the key players profiled in the global <strong>Crop</strong> protection chemicals market are BASF SE<br />
(Germany), The Dow Chemical Company (U.S.), Monsanto Company (U.S.), FMC Corporation<br />
(U.S.), Bayer AG (Germany), Agrium Inc. (Canada), Syngenta AG (Switzerland)
The global crop protection chemicals market is segmented under the following regions<br />
North America<br />
<br />
<br />
<br />
U.S.<br />
Canada<br />
Mexico<br />
Europe<br />
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<br />
<br />
<br />
<br />
Germany<br />
France<br />
Italy<br />
Spain<br />
U.K.<br />
Rest of Europe<br />
Asia Pacific<br />
<br />
<br />
<br />
<br />
<br />
China<br />
India<br />
Australia<br />
Japan<br />
Rest of Asia Pacific<br />
Rest of the world<br />
<br />
<br />
<br />
<br />
Brazil<br />
Argentina<br />
South Africa<br />
Others<br />
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The report for Global <strong>Crop</strong> protection chemicals market of <strong>Market</strong> <strong>Research</strong> Future comprises of<br />
extensive primary research along with the detailed analysis of qualitative as well as quantitative<br />
aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and<br />
industry performance. The report gives the clear picture of current market scenario which includes<br />
historical and projected market size in terms of value and volume, technological advancement,<br />
macro economical and governing factors in the market. The report provides details information and<br />
strategies of the top key players in the industry. The report also gives a broad study of different<br />
markets segments and regions.<br />
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