Press release
Halogenated Agrochemicals Market Report 2024 - Halogenated Agrochemicals Market Share And Size
Halogenated Agrochemicals Market
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=16696&type=smp
According to The Business Research Company's, The halogenated agrochemicals market size has grown strongly in recent years. It will grow from $177.82 billion in 2023 to $189.62 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to increasing food demand, economic growth in developing regions, government support, increasing awareness of agrochemical benefits, soil degradation, and limited agricultural land.
The halogenated agrochemicals market size is expected to see strong growth in the next few years. It will grow to $247.81 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to bio-based agrochemical adoption, precision agriculture focus, increasing R&D investments, growth in organic farming impacting demand, sustainable agricultural practices, and increasing regulatory scrutiny. Major trends in the forecast period include a shift towards sustainable alternatives, advanced digital farming technologies, innovation in formulations and delivery methods, and integrated pest management (IPM).
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/halogenated-agrochemicals-global-market-report
Market Drivers and Trends:
The rising demand for food production is expected to propel the growth of the halogenated agrochemicals market going forward. The demand for food production is due to population growth, urbanization, dietary changes, and increasing incomes. Halogenated agrochemicals protect crops from pests and diseases, contributing to higher yields and ensuring food security amidst escalating global demand for agricultural products. For instance, in December 2022, according to the Food and Agriculture Organization (FAO), an Italy-based specialized agency of the United Nations, the global production of primary crop commodities in 2021 increased by 2% from the previous year, reaching a total of 9.5 billion metric tons. Cereals were the dominant crop group, accounting for 32% of this production, followed by sugar crops at 22% in 2021. Therefore, the rising demand for food production will drive the growth of the halogenated agrochemicals market.
Major companies operating in the halogenated agrochemicals market focus on developing sustainable fertilizers and pesticides, such as biofungicide premix, to protect crops by eliminating pests and preventing fungal diseases. A biofungicide premix is a formulated product combining one or more biological agents, such as beneficial bacteria or fungi, to control plant fungal diseases in an eco-friendly and sustainable manner. For instance, in November 2023, FMC Corporation, a U.S.-based chemical manufacturing company, introduced Ethos Elite LFR, a new insecticide/biofungicide premix product. This innovative solution combines the proven pyrethroid insecticide bifenthrin with two proprietary biological strains from FMC, including Bacillus velezensis strain RTI301 and Bacillus subtilis strain RTI477. The product offers comprehensive early-season disease and soilborne pest control and is approved for use on various crops, including corn, soybeans, cotton, peanuts, tomatoes, and canola.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
BASF SE, Bayer AG, Sumitomo Chemical Company Limited, Corteva Agriscience Inc., Syngenta AG, Mitsui Chemicals Inc., Lanxess AG , United Phosphorus Limited (UPL) Limited, FMC Corporation, ADAMA Agricultural Solutions Ltd., Nufarm Limited, Zhejiang Wynca Chemical Group Co Ltd, Nissan Chemical Corporation, Kumiai Chemical Industry Co. Ltd., Nippon Soda Co Ltd, Ishihara Sangyo Kaisha Ltd., Sipcam Oxon Group, Dow AgroSciences LLC, Cheminova A/S, AMVAC Chemical Corporation, Sharda Cropchem Limited, Rotam Global AgroSciences, Albaugh LLC, Crystal Crop Protection Limited, Drexel Chemical Company, Isagro SpA
Halogenated Agrochemicals Market 2024 Key Insights:
• The halogenated agrochemicals market size is expected to see strong growth in the next few years. It will grow to $247.81 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%.
• Rising Global Food Demand Drives Growth In Halogenated Agrochemicals Market
• Rising Focus On Sustainable Solutions With Biofungicide Premixes
• Asia-Pacific was the largest region in the halogenated agrochemicals market in 2023 and is expected to be the fastest-growing region in the forecast period
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=16696&type=smp
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ"
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Halogenated Agrochemicals Market Report 2024 - Halogenated Agrochemicals Market Share And Size here
News-ID: 3711247 • Views: …
More Releases from The Business research company
Road Maintenance Market Expected to Achieve 5.7% CAGR by 2029: Growth Forecast I …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Road Maintenance Market Size By 2025?
In recent times, there has been a significant increase in the size of the road maintenance market. It's projected to expand from $14.55 billion in 2024 to $15.34 billion in 2025, with a compound annual growth rate (CAGR) of…
Navigating the Future: Aggregate In Road Construction Market Trends and Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Aggregate In Road Construction Market Size Growth Forecast: What to Expect by 2025?
The total market size for aggregate in road construction has seen a swift surge in the past few years. It is projected to rise from $828.16 billion in 2024 to reach $928.75 billion in 2025, with…
Technological Advancements In Low-Carbon Construction Materials Industry Trends …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Low Carbon Construction Materials Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
There has been a robust growth in the size of the low carbon construction materials market in recent years, expanding from $259.42 billion in 2024 to an expected $281.84 billion in 2025. This…
Impact Of Increasing Construction Activities On The Crane And Hoist Market: Stre …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Crane And Hoist Market Through 2025?
In recent times, there has been a consistent increase in the size of the crane and hoist market. Anticipated growth is from $32.33 billion in 2024 to $33.81 billion in 2025, representing a compound annual growth…
More Releases for Halogenated
Non-Halogenated Flame Retardant Sales Market Size Analysis by Application, Type, …
Non-Halogenated Flame Retardant Sales Market Size Analysis by Application, Type, and Region: Forecast to Non-Halogenated Flame Retardant Sales
USA, New Jersey- According to Market Research Intellect, the global Non-Halogenated Flame Retardant Sales market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The market for non-halogenated flame retardant…
Non-Halogenated Flame Retardant Sales Market Size Analysis by Application, Type, …
USA, New Jersey- According to Market Research Intellect, the global Non-Halogenated Flame Retardant Sales market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The market for non-halogenated flame retardants is expanding significantly as a result of consumers' growing desire for safer, greener fire safety products. In…
Non-halogenated Flame Retardants Market, Industry Report, 2027
Non-halogenated Flame Retardants Market for Polymer: Introduction
The global non-halogenated flame retardants market for polymer was valued at ~US$ 2 Bn in 2018 and is anticipated to expand at a CAGR of ~8% from 2019 to 2027. The global non-halogenated flame retardants market for polymer is driven by growth in the building & construction industry. In terms of value, the market in North America is expected to expand at a CAGR…
Flame Retardant Market by Type Halogenated | Antimony Oxide, Brominated and Non- …
The Flame Retardant Market is valued at USD 6.8 billion as on 2017 and is anticipated to reach USD 8.8 billion by the end of 2023, growing at a CAGR of 4.5%. Rising urbanization, along with government initiatives to provide affordable housing is expected to drive the demand of these products in construction sector especially in developing nations. Continued robust economic growth and increasing market penetration of flame retardants in…
Flame Retardant Market by Type Halogenated | Antimony Oxide, Brominated and Non- …
The Flame Retardant Market is valued at USD 6.8 billion as on 2017 and is anticipated to reach USD 8.8 billion by the end of 2023, growing at a CAGR of 4.5%. Rising urbanization, along with government initiatives to provide affordable housing is expected to drive the demand of these products in construction sector especially in developing nations. Continued robust economic growth and increasing market penetration of flame retardants in…
Halogenated Solvent Cleaners Market Status Report 2018 to 2027
Stringent Regulations and New Alternatives Continue to Influence Global Halogenated Solvent Cleaners Market
Amidst stringent regulatory network, the global market for halogenated solvent cleaners is estimated to grow persistently owing to their irreplaceability in industry, affordability, and development of safer halogenated solvents. With the steady growth of electronics, chemicals, textile, and automotive industries, demand for cost-effective and efficient solvent cleaners is set to rise in parallel. However, development of alternative solvent…
