Zion Market Research published new report on “Crop Protection Chemicals Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024” in it’s database
Global Crop Protection Chemicals Market: Overview
Crop protection is the practice implemented to protect the crop from weeds, plant diseases, and other pests. The crop may get damage due to bacteria, rodents, insects, birds, and others. These agricultural crops include wheat, maize, rice, vegetable crops, fruits, and others. There is an increased demand from growing population for the food, security, and evaluation of farming from traditional to conventional practices. Use of crop protection chemicals has risen in the crop field in order to enhance productivity. They are extensively adopted across the world to reduce crop loss and improve crop yield in order to meet the requirement of food demand for increasing population. Hence, many market players are accepting crop protection chemicals on large scale. Crop protection chemicals include insecticides, herbicides, and fungicides that kill a wide variety of pests.
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Global Crop Protection Chemicals Market: Growth Factors
Strict regulations on the usage of persistent organic pollutants (POPs) have led to the increased use of environment-friendly insecticides such as pyrethroid and pyrethrums, which have minimal impact on the environment. Rising demand for food security in order to meet growing population requirement with the limited agricultural land available in the world is positively impacting the global crop protection chemicals market growth. Moreover, loss in the crop production due to pest attack has increased the use of crop protection chemicals. Conversely, use of the DDT has been banned in framing as it acts agricultural land pollutant and poses severe risks to human and animal health.
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Global Crop Protection Chemicals Market: Segmentation
The global crop protection chemicals market is classified based on crop type as fruits & vegetables, cereals & oilseeds, and others. On the basis of type, the global market is fragmented as fungicides, herbicides, insecticides, and others. Of these, herbicides segment is the leading segment in the global market due to increasing use in the farming. In addition, they are capable of killing various herbs and unwanted weeds in order to reduce the crop loss. Moreover, the global crop protection chemicals market is categorized based on origin as biopesticides, and synthetic. Furthermore, based on the application, the global market is classified as soya bean, cereals & grain rice, fruits, vegetables and nuts, oilseeds & pulses rapeseed, sugarcane, corn, cotton, wheat, and others.
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Global Crop Protection Chemicals Market: Regional Analysis
Growth in biofuel crops farming in Latin America may boost the global crop protection chemicals market in this region in the coming future. They are sourced from energy crops such as sugarcane, wheat, rapeseed, corn, and soybean. Asia Pacific is also growing at a fast rate in the global market as demand for biofuels is reducing the dependence on conventional fuels and their imports, hence driving the global market. However, restriction on the usage of persistent organic pollutants is expected to drive the global crop protection chemicals market growth in the near future in Asia Pacific. They are useful for environmental degradation. Moreover, developing countries such as Chile, Brazil, and Argentina highly prefer biofuel.
Global Crop Protection Chemicals Market: Competitive Players
Major companies operating in the global crop protection chemicals market are BASF, Sumotomo Chemicals, DuPont, Makhteshim Agam, Syngenta, DOW Agroscience, Arystya Lifescience, and Nufarm.
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