Crop Protection Chemicals Market in Latin America to Reach USD 8 Billion by the End of 2019
Market research analyst predicts the crop protection chemicals market in LATAM to witness moderate growth at a CAGR of around 7% during the forecast period. The increased farming of biofuel crops in Latin American countries is driving the growth of this market. Biofuels are sourced from energy crops that comprise wheat, soybean, corn, rapeseed, and sugarcane. APAC, Latin America, and MEA are expected to drive the demand for biofuels reducing the dependence on conventional fuels and their imports.
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