Crop Protection Chemicals Market Size, Share, Trend, Top Key Players, Growth and Business Prospects by Forecast to 2023

Global Crop Protection Chemicals Market Information: By Type (Herbicides, Fungicides, Insecticides, and Others) Formulation (Emulsifiable Concentrates, Wettable Powder and Soluble Powder) Method of Application, Application and Region– Forecast till 2023

pune, India - April 16, 2018 /MarketersMedia/ —

Market Overview:
Crop protection is the practice of managing weather, weeds, pests, and diseases that damage or inhibit the growth of fruit, vegetable and other horticultural crops. Crop protection chemicals assist in these functions and promote plant growth. The most common types of crop protection chemicals include herbicides, fungicides, insecticides, and others. There are different formulations for application of crop protection chemicals such as emulsifiable concentrates, wettable powder, soluble powder, suspension concentrate, capsule suspensions, and others.

Crop protection chemicals market is projected to grow at a CAGR of 5.8% over the forecast period. Crop protection chemicals have become an integral part of the agricultural practices. Without them, many crops would suffer dramatic losses. Crop protection is the practice of managing weather, weeds, pests, and diseases that damage or inhibit the growth of fruit, vegetable and other horticultural crops. Crop protection chemicals assist in these functions and promote plant growth. The most common types of crop protection chemicals include herbicides, fungicides, insecticides, and others.

Asia Pacific is dominating the market and is expected to have a substantial growth over the forecast period 2017-2023. In Asia Pacific, continuous rise in population is increasing the demand for high agricultural productivity and driving the growth of global crop protection chemicals market. India and China, two of the largest countries in terms of population are majorly contributing the growth of crop protection chemicals in this region.

Change in farming practices and technology in developing countries is boosting the growth of crop protection chemicals market in Asia Pacific. However, several environmental and health hazards caused due to crop protection chemicals is restraining the growth of the market. Nevertheless, all these factors will lead to the growth of Asia Pacific market at a CAGR of 5.8% during the forecast period 2017-2023.

Receive a Sample Report @ https://www.marketresearchfuture.com/sample_request/5164

Major Key Players:
This report includes a study of strategies such as mergers, acquisitions, and product launches by the major Crop protection chemicals players. It further includes product portfolios, developments of leading players, which includes

• BASF SE (Germany)
• The Dow Chemical Company (U.S.)
• Monsanto Company (U.S.)
• FMC Corporation (U.S.)
• Bayer AG (Germany)
• Agrium Inc (Canada) and
• Syngenta AG (Switzerland)

Key Findings:
Bio based crop protection chemicals are expected to offer huge growth opportunity in North America and Europe.

Synthetically produced crop protection chemicals are gaining popularity globally owing to low cost and higher efficiency

Segments:
Crop protection chemicals market is segmented on the basis of a type such as herbicides, fungicides, insecticides, and others. Among them, the herbicides segment is dominating the market followed by the fungicides market. The high utility of herbicides for destroying various herbs and unwanted weeds to minimize the crop loss is driving the growth of this segment.

Based on the formulation, the crop protection chemicals market is segmented into emulsifiable concentrates, wettable powder, soluble powder, suspension concentrate, capsule suspensions, and others. Among all, the suspension concentrate is anticipated to grow substantially over the forecast period owing to reduced or no use of hazardous solvents and improved stability.

On the basis of the method of application, the crop protection chemicals market is segmented into foliar, soil treatment, seed treatment, and others. The foliar applied crop protection chemicals are dominating the market and are expected to grow substantially over the forecast period.

Based on the application of the crop protection chemicals, the market is segmented into oilseeds & pulses, cereals & grains, fruits & vegetables, and others. Among all, the fruits and vegetable segment is dominating the market. However, the segment cereals and grains are expected to witness substantial growth over the forecast period.       

Access Report Details @ https://www.marketresearchfuture.com/reports/crop-protection-chemicals-market-5164

Regional Analysis:
The global crop protection chemicals market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). Asia Pacific dominates the market and is projected to continue growing over the estimated period. India and China, two of the largest countries in terms of population are majorly contributing to the growth of crop protection chemicals in this region.

North America is the second largest consumer of crop protection chemicals. However, stringent environmental regulations in the developed economies of North America and Europe have expected to restraint the market growth in these regions. In rest of the world, South America is dominating the market.

Contact Info:
Name: Abhishek
Organization: market research future
Address: Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India
Phone: 6468459312

Source URL: https://marketersmedia.com/crop-protection-chemicals-market-size-share-trend-top-key-players-growth-and-business-prospects-by-forecast-to-2023/331603

For more information, please visit https://www.marketresearchfuture.com/reports/crop-protection-chemicals-market-5164

Source: MarketersMedia

Release ID: 331603

Latest News

China urges US to avoid damaging business confidence

Apr 26, 2018

BEIJING — China appealed to Washington on Thursday to avoid damaging business confidence following a report that U.S. authorities are investigating whether Chinese tech giant Huawei violated sanctions on Iran amid spiraling technology tensions. The Wall Street Journal's report came ahead of a visit by U.S. Treasury Steve Mnuchin to Beijing next week to discuss President Donald Trump's threat to raise tariffs on Chinese goods in a dispute over technology policy. Last week, Washington barred Huawei rival ZTE Corp. from exporting U.S. technology in a separate case over exports to Iran and North Korea. A foreign ministry spokeswoman, Hua Chunying,...

MGM sets August opening date for Massachusetts casino

Apr 26, 2018

BOSTON — The fate of Wynn's glitzy Boston-area casino may still be up in the air, but rival MGM says it is on track to open Massachusetts' first Las Vegas-style casino resort sooner than expected. MGM Resorts International President Bill Hornbuckle said in Wednesday interview with The Associated Press that the company is now targeting Aug. 24 as the new opening date for the $960 million hotel and casino complex it has been building in downtown Springfield. The company previously envisioned the casino opening sometime in September, but relatively mild winters and steady progress on a nearby highway project impacting...

Profit slips at Volkswagen after accounting change

Apr 26, 2018

FRANKFURT, Germany — Profits have slipped at automaker Volkswagen in the first quarter due to a change in accounting rules, but sales increased and the company recorded no significant additional losses from its diesel emissions scandal. Net profit fell 2 percent to 3.3 billion euros on sales that rose 4 percent to 58.2 billion euros. The company said Thursday that operating profits, which exclude financial items such as interest and taxes, fell to 4.2 billion euros from 4.4 billion euros — but would have shown an increase without the accounting changes, which affect how financial derivatives are valued. CEO Herbert...

Geologists say N. Korea's nuclear test site likely collapsed

Apr 26, 2018

BEIJING — Research by Chinese geologists suggests that the mountain above North Korea's main nuclear test site has likely collapsed, rendering it unsafe for further testing and requiring that it be monitored for any leaking radiation. The findings by the scientists at the University of Science and Technology of China may shed new light on North Korean President Kim Jong Un's announcement that his country was ceasing its testing program ahead of planned summit meetings with South Korean President Moon Jae-in and U.S. President Donald Trump. The results also support some of the findings of an earlier study by another...

European Central Bank head to sift mixed signs on economy

Apr 26, 2018

FRANKFURT, Germany — Investors are waiting to hear what the European Central Bank's president, Mario Draghi, makes of recent conflicting data about the region's economy, and whether the bank will extend its extraordinary monetary stimulus efforts beyond September. Draghi holds a news conference Thursday after a meeting of the bank's 25-member rate-setting committee at the bank's skyscraper headquarters in Frankfurt, Germany. No changes are expected in interest rates or stimulus settings. Attention will focus instead on Draghi's assessment of recently weaker indicators such as industrial production as well as any potential impact from tensions over the U.S. move to put...

Search

Deck Biz is an intelligent platform providing international and regional business news updates. You won’t get these insights elsewhere other than Deck Biz.

Contact us: sales@deckbiz.com