Crop Protection Chemicals Market Analysis, Size,Trends, Overview till 2023

Crop Protection Chemicals Market Research Report- Global Forecast to 2023

Crop Protection Chemicals Market Report: Major Player Some of the key players profiled in the global Crop protection chemicals market are BASF SE (Germany), The Dow Chemical Company (U.S.), Monsanto Company (U.S.), FMC Corporation (U.S.), Bayer AG (Germany), Agrium Inc. (Canada), Syngenta AG (Switzerland) Crop Protection Chemicals Market Report: Segmentation Crop protection chemicals market is segmented on the basis of a type such as herbicides, fungicides, insecticides, and others. Among them, the herbicides segment is dominating the market followed by the fungicides market. The high utility of herbicides for destroying various herbs and unwanted weeds to minimize the crop loss is driving the growth of this segment.

Based on the formulation, the crop protection chemicals market is segmented into emulsifiable concentrates, wettable powder, soluble powder, suspension concentrate, capsule suspensions, and others. Among all, the suspension concentrate is anticipated to grow substantially over the forecast period owing to reduced or no use of hazardous solvents and improved stability.

On the basis of the method of application, the crop protection chemicals market is segmented into foliar, soil treatment, seed treatment, and others. The foliar applied crop protection chemicals are dominating the market and are expected to grow substantially over the forecast period.

Based on the application of the crop protection chemicals, the market is segmented into oilseeds & pulses, cereals & grains, fruits & vegetables, and others. Among all, the fruits and vegetable segment is dominating the market. However, the segment cereals and grains are expected to witness substantial growth over the forecast period.

Crop Protection Chemicals Market Report: Overview Crop protection chemicals are used to safeguard the crops from conditions that pose potential damage to the growth of the crops. Crop protection chemicals have become an integral part of the agricultural practices. Without them, many crops would suffer dramatic losses. The most commonly used crop protection chemicals include herbicides, fungicides, insecticides, and others.

Each one has a distinct function such as herbicides kill or inhibit the growth of unwanted plants, insecticides kill arthropod pests, whereas fungicides destroy or prevent the growth of pathogenic fungi.

Crop protection chemicals help in improving agricultural productivity by killing unwanted herbs and weeds in the plantation. Increasing population and growing demand for food have led to high agricultural productivity which is driving the growth of the crop protection chemicals market.

Moreover, limited availability of cultivable land and the pressure to increase farm productivity is boosting the demand for crop protection chemicals.

Crop Protection Chemicals Market Report: Application The global crop protection chemicals market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). Asia Pacific dominates the market and is projected to continue growing over the estimated period. India and China, two of the largest countries in terms of population are majorly contributing to the growth of crop protection chemicals in this region.

North America is the second largest consumer of crop protection chemicals. However, stringent environmental regulations in the developed economies of North America and Europe have expected to restraint the market growth in these regions. In rest of the world, South America is dominating the market.