Agriculture Chemical Markets in China Growing at a Rapid Pace and Continued to be Major Market for Fertilizers and Pesticides through 2021

Agricultural chemicals have an important role in land management and the production of food and fibre products, protecting plants from damage caused by insect pests, weeds or disease. Presently, China has the largest agriculture chemical market in the world. It is tremendous fast-growing markets for imports and creating business opportunities for companies around the world. Market Research Hub (MRH) has freshly announced the inclusion of a new study to its massive research database, which is titled as “Agriculture Chemical Markets in China”. This 175-page report provides a comprehensive look at the market’s growth patterns in recent years, thus enabling readers to make successful strategies based on the likely trajectory of the market over the 2017-2022 period and long-term forecasts through 2021 and 2026. Historical information regarding the China agriculture chemical market’s growth is thus provided in great detail in the report, with the report assessing 2006, 2011, 2012-2016 growth figures.

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According to the research findings, China's demand for agriculture chemicals has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow rapidly. This is because Chinese economy maintains a high-speed growth which has been stimulated by the consecutive increases of industrial output, imports & exports, consumer consumption and capital investment for over two decades. In order to access up-to-date government regulations, market information and industry data, the primary and secondary research are done in China.

This new study examines China's economic trends, investment environment, industry development, supply and demand, industry capacity, industry structure, marketing channels. Moreover, major producers in China are profiled. The section of industry assessment involves industry structure, capacity for pesticides, fertilizers major producer facility locations, output and capacity; market share of key producers; major foreign investment, major end-users, potential entrants and technological developments.

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On the basis of production and demand, the research finds that China is the largest market for Pesticides, Fungicides, Herbicides, Biopesticides, Insecticides and other Pesticides. In most cases, agricultural chemicals are stated to as 'pesticides' and include herbicides, fungicides, insecticides and pest animal baits. In addition, the report also categorizes agricultural chemicals into fertilizers and pesticides. According to the study highlights, China is not only the largest market for agrochemicals in Asia Pacific, but it is also the largest consumer of fertilizers in the world. Import and export for fertilizers include several types, including Fertilizers, Nitrogenous Fertilizer, Potash Fertilizer, Phosphate Fertilizer and Other Fertilizers.

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This release was published on openPR.