Global Crop Protection Chemicals Market Scenario, Trends, Industry Analysis, Size, Share and Forecast to 2018

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Around the world, demand for food is rising as a result of the ever-expanding population. This in turn is fueling several market sectors in the agriculture industry. One such sector is that of crop protection chemicals, which consists of a variety of crop chemicals to increase agricultural yield. Demand for increasing per hectare yield and growing demand for food free from harmful organisms is driving the global crop protection chemicals market.

The global crop protection chemicals market will demonstrate a modest yet steady growth in the coming future. Broadly, the global crop protection chemicals market is segmented by application, product type, and geography. A comprehensive analysis of these sectors and their sub-sectors is available in the report with insightful forecasts for each sector.

The report offers a detailed analysis of the challenges the global crop protection chemicals market faces. The report delivers the framework of market challenges according to the key regions in the global crop protection chemicals market. In addition to this, the research study offers valuable insights on how new entrants and established players can overcome these challenges.

Overview of the Global Crop Protection Chemicals Market

The increasing number of nematodes, weed species, and other harmful insects that disrupt the natural growth of crops is projected to add to the demand for crop chemicals. The elevated productivity per unit labor supported by these chemicals will also add to their demand. In addition to this, the better timelines along with the flexibility resulting from the use of crop protection chemicals will propel this market.

Though the global crop protection chemicals market will exhibit steady growth in the foreseeable future, it will face a number of challenges that will suppress it. Some of the major challenges the global crop protection chemicals market faces is the ban imposed by market regulators, increasing resistance of pests to crop chemicals, extinction of rare beneficial species due to the use of crop chemicals, and the adverse effects of these chemicals on human health.

Considering all these market dynamics, the report forecasts a CAGR of 5.4% for the global crop protection chemicals market during the period from 2011 to 2018. The market was worth US$48.0 billion in 2011 and is anticipated to be worth US$71.3 billion by 2018.

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By product type, the global crop protection chemicals market is divided into herbicides, insecticides, fungicides, and others. The herbicides segment is projected to witness the highest growth during the forecast period, at a 6.1% CAGR. By application, the global crop protection chemicals market is divided into grain type crops and oilseeds crops.

Geographically, Asia Pacific has emerged as a huge market for crop protection chemicals and is predicted to demonstrate healthy growth in the foreseeable future.

Companies mentioned in the research report

One of the key strategies followed by companies in the global crop protection chemicals market is mergers and acquisitions. Recently, Monsanto offered to buy the U.S. seed maker Sygenta AG for US$45 billion. In case this merger fails, Monsanto is expected to approach German giant Bayer AG, regarding the acquisition of its crop protection chemical business. Besides these companies, other notable companies operating in the global crop protection chemicals market are DuPont, Arystya Lifescience, Sumotomo Chemicals, Nufarm, Makhteshim Agam, and DOW Agroscience.

Crop Protection Chemicals Market & Product Segment Analysis

Herbicides
Glyphosate
Atrazine
Acetochlor
2,4 - D
Others
Insecticides
Chlorpyrifos
Malathion
Pyrethrins and Pyrethroids
Carbaryl
Others (DIAZINON, TERBUFOS, METHOXYCHLOR)
Fungicides
Mancozeb
Chlorothalonil
Metalaxyl
Strobilurin
Others

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Depending on the types of crops, classification of crop protection pesticides is done as following:

Crop Protection Chemicals Market & Application Analysis

Grain Type Crops
Cereals
Rice
Wheat
Fruits, Vegetables and Nuts
Corn
Oilseeds Crops
Rapeseed
Sunflower
Soya bean
Cotton
Sugarcane
Others

Major geographies analyzed under this research report are:

Europe
North America
Asia-Pacific
Rest of the World

This report gives you access to decisive data such as:

Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for the coming years
Key highlights of this report

Overview of key market forces propelling and restraining market growth
Up-to-date analyses of market trends and technological improvements
Pin-point analyses of market competition dynamics to offer you a competitive edge
An analysis of strategies of major competitors
An array of graphics and SWOT analysis of major industry segments
Detailed analyses of industry trends
A well-defined technological growth map with an impact-analysis
Offers a clear understanding of the competitive landscape and key product segments

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Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.

MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.

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