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Crop Protection Chemicals Global Market Report 2024 - By Size, Trends, Drivers, Key Factors, Outlook By 2033
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the Crop Protection Chemicals industry. This report on Crop Protection Chemicals market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The crop protection chemicals market size has grown strongly in recent years. It will grow from $66.18 billion in 2023 to $70.94 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to increased demand for agricultural pest and disease control, crop yield improvement, pesticide and herbicide innovations, farming practices, and increased population growth. The crop protection chemicals market size is expected to see strong growth in the next few years. It will grow to $93.66 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%.
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Key Market Players:
BASF SE, Bayer CropScience AG, Syngenta International AG, Sumitomo Chemical Company Limited, Nufarm Limited.
Market Drivers:
According to the Crop Protection Chemicals Market Report 2024 by The Business Research Company, the increasing agricultural productivity is expected to propel the crop protection chemical market going forward. Agricultural productivity refers to the measure of the market value of the crop yield of an agricultural production system that uses inputs such as land, labor, capital, and other resources to produce yield. Crop protection chemicals are used to protect seeds and crops from attacks by pests and insects, which propels agricultural productivity.
More information about the Global Crop Protection Chemicals Market Report -
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Market segments for Crop Protection Chemicals include:
• By Type: Fungicide, Insecticide, Nematicide, Herbicide
• By Origin: Synthetic, Bio-Based
• By Mode Of Applications: Foliar Spray, Soil Treatments, Seeds Treatments, Other Mode Of Applications
• By Applications: Grains And Cereals, Pulses And Oilseeds, Fruits And Vegetables, Commercial Crop.
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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