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Crop Protection Chemicals Market Worth 70.57 Billion USD by 2021
  • USA - English


News provided by

MarketsandMarkets

Aug 09, 2016, 12:30 ET

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PUNE, India, August 9, 2016 /PRNewswire/ --

The report "Crop Protection Chemicals Market by Type (Herbicides, Insecticides, and Fungicides), Origin (Synthetic, and Biopesticides), Crop Type (Cereals & Oilseeds, Fruits & Vegetables), Mode of Application, Form, and by Region - Global Forecasts to 2021",The global market is projected to grow at a CAGR of 5.15% from 2016 and reach USD 70.57 Billion by 2021.

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     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 91 market data Tables and 56 Figures spread through 182 Pages and in-depth TOC on "Crop Protection Chemicals Market"

http://www.marketsandmarkets.com/Market-Reports/crop-protection-380.html

Early buyers will receive 10% customization on this report. 

The global crop protection chemical is projected to grow at a CAGR of 5.15% from 2016 to 2021. The rising need of food security for growing population, and increasing crop loss due to pest attacks, along with changing farming practices from traditional to conventional, have been of importance to the growth of the global Crop Protection Chemicals Market. The crop protection chemicals are used for minimizing the crop loss and maximizing the crop yield for rapidly growing food demand for the increasing population. Hence, crop protection chemicals will be viewed as a business opportunity in the next five years. As a result, many multinational players have entered into the production of varied types of crop protection chemicals, which can be used for destroying different types of pest attacks.

Significant growth expected in the herbicides segment 

Crop protection chemicals find a wide range types which can be used on a wide variety of pests. The important ones are herbicides, insecticides and fungicides. Herbicides are most widely used and are projected to be the fastest-growing types in the coming five years. This is mainly due to the high utility of herbicides for destroying various herbs and unwanted weeds to minimize the crop loss.

The cereals & oilseeds segment is expected to be the fastest-growing market during the forecast period 

The main types of crops on which crop protections chemicals are used are cereals & oilseeds, fruits & vegetables and others, which include sugarcane, plantation crops, and turfs & ornamentals. The cereals & oilseeds segment is projected to be the fastest-growing market from 2016 to 2021. Rising demand for cereals & oilseeds and high crop loss mainly due to hazardous herbs and weeds are triggering the market for crop protection chemicals used on cereals & oilseeds.

Make an Inquiry: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=380

Increasing need for food security, high investment in R&D, and changing farming practices key to success in the South American region 

South America is one of the largest contributors to the global crop protection chemicals due to the increase in usage of crop protection chemicals through advanced agricultural techniques and rising need for food security in the South American countries. Brazil and Argentina constituted the largest country-level markets in the South American region in 2015. High market penetration by the leading crop protections chemical companies and growing need of crop protection for heavy crop loss due to different pest attacks, as well as the climate changes are the main factors influencing the growth of the Crop Protection Chemicals Market in South America.

This report includes a study of marketing and development strategies, along with the product portfolio of leading companies. It includes the profiles of leading companies such as BASF SE (Germany), E.I. du Pont de Nemours and Company (U.S.), The Dow Chemicals Company (U.S.), Syngenta AG (Switzerland), and Sumitomo chemicals Co., Ltd. (Japan).

Browse related reports: 

Agricultural Adjuvants Market by Type (Activator & Utility), Application (Herbicides, Fungicides, and Insecticides), Crop-Type (Cereals & Oilseeds and Fruits & Vegetables), & by Region - Global Trends & Forecast to 2021
http://www.marketsandmarkets.com/Market-Reports/adjuvant-market-1240.html

Biopesticides Market by Type (Bioinsecticides, Biofungicides, Bioherbicides, and Bionematicides), Origin (Beneficial insects, Microbials, and Biochemical), Mode of application, Formulation, Crop type & Region - Global forecast to 2020
http://www.marketsandmarkets.com/Market-Reports/biopesticides-267.html

About MarketsandMarkets 

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets 
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: [email protected]

Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/agriculture-industry
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

SOURCE MarketsandMarkets

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