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Crop protection chemicals are also called as agrochemicals are essential inputs for increasing agriculture production and preventing crop loss before and after harvesting. Moreover, it is precisely used to maximise the desire effect on the target crops. The crop protection chemicals include fungicides, herbicides, growth regulators and supplemental nutrients which helps in growth and protection of the crops. These chemical plays a significant role in increasing agriculture output and improve public health.
The crop protection chemicals market is majorly driven by increasing demand for food security by the increasing population and heavy crop loss due to pest attacks. Innovation in farming techniques coupled with rising implementation of conventional farming practices robust the growth of the crop protection chemicals market. However, stringent government policies for the use of chemicals, ban on use of pesticides and the significant shift of the farmers towards organic farming are the prominent factors hindering the growth of the market.
The report analyses the crop protection chemical market on the basis of type, crop type and geography.
Crop Protection Chemicals Market by Type The report analyses the global crop protection chemical market based on type into insecticides, herbicides, fungicides and other crop protection chemicals. Among the major types of crop protection chemicals, herbicides held the largest market share in 2017, The pesticides segment is followed by insecticides and fungicides. Herbicides are the highest demanded crop protection chemicals due to high weed infestation mainly in cereals and grains and less availability of labour force to manually remove the harmful weeds and herbs. Herbicides once spread on the field are very effective in destroying the unwanted weeds hampering the growth of the crops and hence are widely used all over the world which further boost the growth of the market.
Crop Protection Chemicals Market by Crop Type Based on crop type, the crop protection chemicals market is bifurcated into cereals & grains, oilseed & pulses, fruits & vegetables and others. Others including nursery crops, and turfs & ornamentals pants. In 2016, The cereals & grains segment dominated the market followed by fruits & vegetables and oilseed & pulses. The rate of pest infestations is highest on cereals & grains and thus using crop protection chemicals becomes inevitable.
Crop Protection Chemicals Market by Geography By geography crop protect chemicals market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and Rest of the World. Rest of the world includes Latin America, and Middle East & Africa. Latin America dominated the market with the largest market share followed by Asia-Pacific and Europe. Brazil and Argentina have the largest market share in the country-level market in Latin America region. Increasing population and increasing food demand with limited availability of land for farming has triggered the demand for crop protection chemicals in Latin America and Asia-Pacific region.
The leading players in the crop protection chemicals market include BASF SE, DuPont, Monsanto, Syngenta Ag, The Dow Chemical Company, Bayer CropScience Ag, Sumitomo, ADAMA Agricultural Solutions, among others. These companies have established their position in the market by offering competent crop protection chemical products. Along with this, they are making their presence strong in the market though strategies such as mergers, acquisitions, joint ventures and collaborations. The report gives detailed analysis of company profile including company financials, detailed product portfolio and recent developments. Furthermore, the report also provides a detailed competitive landscape of the companies operating in the market including new product launches, mergers and acquisitions, joint ventures, agreements etc.
Crop protection chemicals are also called as agrochemicals are essential inputs for increasing agriculture production and preventing crop loss before and after harvesting. About 800 chemicals are registered for use in crop protection around the world, representing a major multi-billion industry. Several global companies make it their business to discover, develop and sell new products globally. The report analyses the global crop protection chemicals market on the basis of type, crop type and geography. Based on type, the market is segmented into insecticides, herbicides, fungicides and other crop protection chemicals. Based on crop type, the crop protection chemicals market is bifurcated into cereals & grains, oilseed & pulses, fruits & vegetables and others. By geography crop protect chemicals market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and Rest of the World. Rest of the world includes Latin America, and Middle East & Africa. Latin America dominated the market with the largest market share followed by Asia-Pacific and Europe. Brazil and Argentina have the largest market share in the country-level market in Latin America region. The leading players in the crop protection chemicals market include BASF SE, DuPont, Monsanto, Syngenta Ag, The Dow Chemical Company, Bayer CropScience Ag, Sumitomo, ADAMA Agricultural Solutions, among others.
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