Press release
Crop Protection Chemicals Market to be Worth US$ 106.7 Billion by 2031 - TMR Study
Transparency Market Research delivers key insights on the globalย crop protection chemicals market. In terms of revenue, the global crop protection chemicals market is estimated to expand at a CAGR ofย 5.7%ย during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecast in its report on the global crop protection chemicals market.
The global crop protection chemicals market is broadly affected by several factors, including increase in usage of crop protection chemicals in various end-use applications such as open field & protective cultivation and horticulture. Rise in global demand for open field & protective cultivation and horticulture has led to significant growth in usage of crop protection chemicals. Increase in production and demand for open field & protective cultivation is expected to be the primary driver of the global crop protection chemicals market.
๐๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:ย https://www.transparencymarketresearch.com/crop-protection-chemicals-market.htmlย
๐๐ซ๐จ๐ฉ ๐๐ซ๐จ๐ญ๐๐๐ญ๐ข๐จ๐ง ๐๐ก๐๐ฆ๐ข๐๐๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐๐ฃ๐จ๐ซ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
The global crop protection chemicals market is consolidated, with the presence of key players. Prominent players operating in the global crop protection chemicals market include BASF SE, Covestro AG, Jiangsu Changqing Agrochemical Co., Ltd., Corteva, FMC Corporation, Sumitomo Chemical Co., Ltd., UPL, Meghmani Organics Ltd., NIHON NOHYAKU CO. LTD., Nissan Chemical Corporation, Agrinos, ChemChina, Bharat Rasayan Ltd., Aimco Pesticides Ltd., Dhanuka Agritech Ltd., Ichiban, and Nufarm.
๐๐ซ๐จ๐ฉ ๐๐ซ๐จ๐ญ๐๐๐ญ๐ข๐จ๐ง ๐๐ก๐๐ฆ๐ข๐๐๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
Crop protection chemicals are widely used in modern agriculture as effective and economical solutions to enhance crop yield by preventing crops from harmful pests and weeds. Thus, rise in crop yield helps ensure food security for the growing population.
The broad class of chemicals that protect crops is called pesticides. Pesticides include herbicides (protect plants from weeds that compete for sunlight, space, nutrients, and water), fungicides/bactericides (protect plants from fungus and bacteria that cause diseases in plants), and insecticides (protect plants from insects that feed on a particular crop).
The global open field & protective cultivation segment is expected to expand considerably during the forecast period. Thus, growth in open field & protective cultivation, horticulture, and floriculture activities is projected to boost the demand for crop protection chemicals during the forecast period.
๐๐๐ญ ๐๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐:ย https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=293ย
Manufacturers are focusing on open field & protective cultivation, as the share held by this segment in the crop protection chemicals market is likely to increase during the forecast period.
๐๐ซ๐จ๐ฉ ๐๐ซ๐จ๐ญ๐๐๐ญ๐ข๐จ๐ง ๐๐ก๐๐ฆ๐ข๐๐๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐ซ๐จ๐ฆ๐ข๐ง๐๐ง๐ญ ๐๐๐ ๐ข๐จ๐ง๐ฌ
Asia Pacific holds major share of the global crop protection chemicals market. The market in the region is anticipated to expand at a CAGR of more than 7% during the forecast period. Increase in demand for crop protection chemicals in various components such of open field & protective cultivation and horticulture in Asia Pacific is driving the crop protection chemicals market in the region. China is a key country in the crop protection chemicals market in Asia Pacific. It held significant share of the crop protection chemicals market in Asia Pacific in 2020. The country is estimated to maintain its dominant position in the region during the forecast period.
Europe is also a vital region of the global crop protection chemicals market. Germany led the crop protection chemicals market in Europe in 2020. Increase in demand crop protection chemicals in open field & protective cultivation and floriculture is driving the market in Germany.
๐๐๐ญ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ :ย https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=293ย
๐๐ฅ๐จ๐๐๐ฅ ๐๐ซ๐จ๐ฉ ๐๐ซ๐จ๐ญ๐๐๐ญ๐ข๐จ๐ง ๐๐ก๐๐ฆ๐ข๐๐๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ซ๐จ๐ฉ ๐๐ซ๐จ๐ญ๐๐๐ญ๐ข๐จ๐ง ๐๐ก๐๐ฆ๐ข๐๐๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ, ๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ
Herbicides
Glyphosate
Atrazine
2,4-D
Others
Insecticides
Malathion
Carbaryl
Chlorpyrifos
Others
๐๐ซ๐จ๐ฉ ๐๐ซ๐จ๐ญ๐๐๐ญ๐ข๐จ๐ง ๐๐ก๐๐ฆ๐ข๐๐๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ, ๐๐ฒ ๐๐ซ๐จ๐ฉ
Oilseeds & Pulses
Cereals & Grains
Fruits & Vegetables
Others (including Turf and Ornamentals)
๐๐ฅ๐ข๐๐ค ๐ ๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ:ย https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=293ย
๐๐ซ๐จ๐ฉ ๐๐ซ๐จ๐ญ๐๐๐ญ๐ข๐จ๐ง ๐๐ก๐๐ฆ๐ข๐๐๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ, ๐๐ฒ ๐๐ง๐-๐ฎ๐ฌ๐
Open Field & Protective Cultivation
Horticulture
Floriculture
Others
(including Terrace Farming and Arboriculture)
๐๐๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ
๐๐จ๐ก๐ข๐ญ ๐๐ก๐ข๐ฌ๐๐ฒ
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