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Crop Protection Chemicals Market Estimated to Expand at a Double-Digit CAGR through 2016

11-30-2017 10:43 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Crop Protection Chemicals Market Estimated to Expand at

Global crop protection chemicals market continues to grow and discover new growth opportunities in emerging economies. However, market maturity attained by some of the most widely used crop protection chemicals will slow down the growth of the global crop protection chemicals industry substantially. 

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Developed economies including North America and Europe are expected to show average growth due to market maturity and restriction imposed on usage of certain crop protection chemicals by regulatory authorities; however developing countries are expected to enjoys healthy growth rate in near future because of rising demand for crop protection chemicals.

China crop protection chemicals industry is the largest among the three developing markets covered in the report, both in terms of revenue and volume. Herbicides segment is the highest contributor towards the China crop protection chemicals industry in terms of consumption throughout the forecast period. Fruits, vegetables and nuts crop segment was the largest consumer of crop protection chemicals and will remain so in the coming years.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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