Published On : 28 Nov 2016
QYResearchReports.com announces the addition of a new research report titled “Global Crop Protection (Agrochemicals) Market Research Report 2016.” The 168-page comprehensive publication furnishes a detailed overview of the industry, which includes the current competitive landscape and share of different regions in the market. It discusses the industry chain structure and provides a production analysis by segmenting the global market on the basis of type, application, and geography.
Against a backdrop of rapidly growing world population and depleting agricultural land, a host of crop protection products have come up to increase productivity in agriculture. The industry has seen unprecedented development in the recent past on account of rampant innovations in the field.
All of these together have provided a tremendous boost to the global market for crop protection. In nations where agriculture plays a dominant role in the economy, crop protection product sales have skyrocketed.
The global market for crop protection (agrochemicals) is teeming with local, regional, and international players. The global vendors, however, lead the market with their better product offerings. The local vendors compete with international giants on the basis of price, quality, and sales network. The environment in this market is slated to become even more cutthroat in the years to come with rapid advances in technology and more alliances through mergers, acquisitions, and agreements. The emergence of energy-efficient agricultural technologies in developing countries has also flung open a window of opportunities for market players.
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Depending upon type, the global market for crop protection (agrochemicals) can be segmented into insecticide, fungicide, herbicide, and plant growth regulator. Among them, the herbicides segment is slated to lead the crop protection market in the near future by dint of being inexpensive. Herbicides thwart the growth of weeds and are often the synthetic prototypes of natural plant hormones. Based on application, the market can be segmented into oilseeds and pulses, cereals and grains, fruits and vegetables, and turfs and ornamentals. The report delves into each segment to uncover its market potential and current revenue.
By region, the global market for crop protection (agrochemicals) is divided into North America, Europe, Japan, China, Latin America, and India. Facts and figures with respect to price, capacity, production, cost, revenue, and sales are provided in the report for all the regional markets. The key manufacturers in each of these domestic markets are also determined. China and India will be the major producers of crop protection chemicals due to a burgeoning population driving up demand for food. Moreover, crops such as cereal, maize, and cotton are highly susceptible to insect attacks and hence need crop protection chemicals. This is expected to up the application of such products in the coming years.
The leading companies operating in the global crop protection market include Syngenta, BASF, Dow Agro Sciences, Adama, Sumitomo Chemical, and Kumiai Chemical. The research report profiles each of these companies on the basis of attributes such as company overview, product picture and specifications, contact information, production, capacity, cost, price, and revenue.