Crop Protection Chemicals Market Size, Share, Industry Outlook, Latest Trends, Business Growth, Segmentation, and Forecast to 2025

Crop Protection Chemicals Market by Type (Herbicides, Insecticides, Fungicides & Bactericides), Origin (Synthetic, Biopesticides), Form (Liquid, Solid), Mode of Application (Foliar, Seed Treatment, Soil Treatment), Crop Type and Region - Global Forecast to 2025
The [https://www.prnewswire.com/news-releases/crop-protection-chemicals-market-worth-74-1-billion-by-2025--exclusive-report-by-marketsandmarkets-301227522.html] was valued at $63.7 billion in 2020 and is projected to reach $74.1 billion by 2025, recording a CAGR of 3.1% by value. The crop protection chemicals market is witnessing substantial growth, propelled by the increasing global population and the need for higher crop yields. This market encompasses a wide array of products, such as herbicides, insecticides, and fungicides, and is poised to maintain its upward trend. This growth presents numerous opportunities for industry players to innovate and thrive. As the demand for dependable and cutting-edge crop protection solutions escalates, stakeholders in this sector will find abundant prospects to harness emerging technologies and meet the changing requirements of farmers and consumers.

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Crop Protection Chemicals Market Opportunities [https://www.globenewswire.com/en/news-release/2023/03/27/2634954/0/en/At-CAGR-of-3-1-The-Global-Crop-Protection-Chemicals-Market-Size-is-Estimated-to-Grow-USD-74-1-BN-Report-by-MarketsandMarkets.html]: Rapid growth in the biopesticides market and organic agriculture

Biopesticides are pesticides produced naturally, with minimum usage of chemicals. Since growing environmental considerations and the pollution potential and health hazards from many conventional pesticides are on an increase, the demand for biopesticides has been rising steadily in all parts of the world. Biopesticides are growing in popularity, due to their less or non-toxic nature as compared to synthetic pesticides. Moreover, biopesticides [https://www.marketsandmarkets.com/Market-Reports/biopesticides-267.html] provide more targeted activity to desired pests, unlike conventional pesticides that often affect a broad spectrum of insects, birds, and mammalian species. Further, biopesticides can be very effective in small quantities, offering lower exposure and are quickly decomposable; they leave virtually no harmful residue after application.

The herbicides segment of the crop protection chemicals market is projected to account for the largest share, by type

Herbicides are substances designed to eliminate or inhibit the growth of unwanted plants, commonly known as weeds. These chemicals are extensively used for weed control, significantly boosting crop productivity and the quality of agricultural output. By reducing soil erosion and enhancing soil fertility, herbicides contribute to increased crop yields. Often referred to as weed killers, they are instrumental in managing unwanted vegetation. In agroecosystems, the application of herbicides can alter the composition of weed populations, while in natural landscapes, they may promote the diversity of native plant species. The threats posed to plant biodiversity by habitat loss and invasive species are far more significant than those caused by herbicide use. Non-selective herbicides are often employed in non-agricultural settings such as waste grounds, industrial sites, railways, and railway embankments. The agricultural sector and landscape turf management are the primary consumers of herbicides.

Asia Pacific is the fastest-growing market during the forecast period in the global crop protection chemicals

The key markets in the Asia Pacific region include China, India, Japan, and the Rest of Asia Pacific. The Asia-Pacific, a region where agricultural systems and technologies vary from one country to another, consists of about 40%, that is, 600 million hectares of the global crop area. Rice cultivation and the predominance of small-scale manufacturers are widely seen across all the countries of the Asia-Pacific region.

The increasing awareness about pesticides and continuous technological advancements are factors contributing to the growth of this market. In addition to this, the growing demand for crops and rising cultivation in the countries of Asia-Pacific have forced agribusiness companies to expand their supplier and manufacturing base in the region.

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This report includes a study on the marketing and development strategies, along with a study on the product portfolios of the leading companies operating in the Crop protection chemicals. It consists of the profiles of leading companies such BASF SE (Germany), The Dow Chemicals Company (US), Dupont (US), Sumitomo Chemical Co., Ltd (Japan), Syngenta AG (Switzerland), Bayer Cropscience AG (Germany), FMC Coropration (US), NufarmLimited (Australia), Adama Agricultural Solutions (Israel), Verdesian LIfescineces (US), Bioworks Inc. (US), Valent US (US), Arysta Lifescince Corporation (US), American Vanguard Corporation (US), Chr. Hansen (Denmark), Corteva Agrisciences (US), UPL Limited (India), Jiangsu Yangnong Chemical Group Co Ltd (China), Agrolac (Spain), Lianyungang Liben Crop Science Co. Ltd. (HongKong), Nanjing red sun co. ltd (China), Kumiai Chemicals (Japan), Wynca Chemicals (China), Lier Chemicals (China), Simpcam Oxon (Italy).

BASF SE, headquartered in Ludwigshafen, Germany, is a diversified chemical company founded in 1865. BASF is listed on stock exchanges in Frankfurt (Germany), London (UK), and Zurich (Switzerland).

The company has thirteen divisions grouped into six segments, namely, chemicals, performance products, functional materials and solutions, agricultural solutions, oil & gas, and others. BASF's crop protection division is engaged in the research, development, production, and sales of crop protection products for the improvement of crop health and yield. In 2015, 26% of the total research and development expense was on agricultural solutions.

BASF operates globally through its subsidiaries in 80 countries with six Verbund sites, and 338 additional production sites such as BASF India (India) and BASF China (China). The major subsidiaries of the company are Wintershall Holding GmbH (Germany), Cognis (Germany), Engelhard Corporation (US), and BASF Plant Science (US).

The leading competitors of the company are Dupont (US), Bayer CropScience AG (Germany), The Dow Chemical Company (US), Syngenta AG (Switzerland), FMC Corporation (US), Nufarm Limited. (Australia), Sumitomo Chemicals Co. Ltd. (Japan), and Adama Agricultural Solutions Ltd. (Israel).

The Dow Chemicals Company is an American multinational chemical corporation company founded in 1897 and is headquartered in Michigan, US.

It operates through business segments such as performance plastics, performance materials, feedstock & energy, coatings & infrastructure solutions, electronic & functional materials, and agricultural sciences. It markets its biologicals business under the agricultural sciences business segment through Dow AgroSciences LLC. The agricultural sciences segment offers crop protection and seed/plant biotechnology products and technologies, urban pest management solutions and healthy oils, insecticides, fungicides, herbicides, and seeds.

The Dow Chemical Company operates globally through its subsidiaries and has 197 production facilities in 36 countries. It offers products and solutions in over 160 countries. Its operations are spread across North America, Latin America, Europe, the Middle East, Africa, and the Asia-Pacific region.

Its major competitors are BASF SE (Germany), Syngenta AG (Switzerland), FMC Corporation (US), Bayer CropScience AG (Germany), Nufarm Limited. (Australia), Sumitomo Chemical Co., Ltd (Japan), and Adama Agricultural Solutions Ltd. (Israel).

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Dupont, established in 1802, and headquartered at Delaware, provides science and technology-based products, materials, and services.

The company operates through the following business segments: agriculture, performance materials and safety & protection, nutrition & health, safety & protection, electronics & telecommunications, industrial biosciences, and others. It also serves the government and public sector in the sectors of service & protection, energy and utilities, and others.

Dupont develops, produces, and markets a wide variety of crop protection and seed products in the global market. The agriculture segment of the company develops and markets products and services which offer better crop yield and productivity. The company has high focus on reducing its manufacturing costs to make the product prices competitive and has also initiated the use of biotechnology for better performance and high functionality of products.

Dupont operates globally in more than 90 countries covering its geographic presence across North America, Latin America, Europe, and Asia-Pacific. The company has established over 75 research & development centers and 12 examining labs all over the world. For the crop protection sub-segment of Dupont, its major markets are production agriculture, feed industry, food industry, and energy industry.

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