Global Crop Protection Chemicals Market to See Healthy Growth, States Meticulous Research in Its Study Available at MarketPublishers.com12 Jun 2017 • by Natalie Aster
LONDON – The world market for crop protection chemicals is mainly driven by the surging requirement of ensuring food safety of expanding population from pole to pole, which is projected to increase by 2.3 billion people during 2009-2050. Whilst there is a considerable decrease in the amount of farm land in the developed world, additional burden will likely be created on the agricultural industry to raise production significantly. Technological advances with respect to cutting-edge application methods also fuel the market growth.
Meantime, there is a surging concern about the chemical residues in the food and detrimental environmental effects of a number of crop protection chemicals, resulting in banning or prohibiting the usage of specific chemicals for agricultural purposes. Furthermore, many crop protection chemicals can cause fatal disease to humans, which made government agencies come up with the tough regulatory system to supervise the manufacturing and distribution of such chemicals.
In developed economies, an upsurge in health consciousness has generated the need for organic food, which in turn has an adverse impact on the crop protection chemicals market growth in the long run.
The market is led by few global participants in spite of facing stiff competition from several domestic players operating region-wise, such as BASF SE, E.I. DUPONT De Nemours And Company, FMC Corporation, BAYER Cropscience AG, Sumitomo Chemical Co., Ltd, The Dow Chemical Company, amid others.
Comprehensive report “Global Crop Protection Chemicals Market Outlook: 2017-2022” drawn up by Meticulous Market Research Pvt. Ltd. (Meticulous Research) provides an all-round analysis of the market.
It provides market segmentation based on products, end-use sectors, and geography (regions and countries). The report includes historical and current estimates for the market for crop protection chemicals worldwide, as well as provides detailed market forecasts through to 2022. It cast light on the drivers and restrains, threats, and opportunities with respect to the worldwide market for crop protection chemicals. The report provides deep insights into the burning themes in the market, tracks recent industry developments, and reviews geographical trends and high-growth regions/nations. The research provides an insightful analysis of the global and regional leading players and their market shares and strategies. The study canvasses the competitive landscape and identifies the market leaders by sub-region. Detailed market size forecasts are also provided in the study.
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