Global Crop Protection Chemicals Market Worth Increases to USD 70.0 Billion by 2020

Crop Protection Chemicals (Herbicides, Fungicides, Insecticides, and Others) Market for Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Other Crops: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2014 – 2020

Logo

Deerfield Beach, FL -- (SBWire) -- 11/17/2016 --Zion Research has published a new report titled "Crop Protection Chemicals (Herbicides, Fungicides, Insecticides, and Others) Market for Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Other Crops: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2014 – 2020." According to the report, global demand for crop protection chemicals market was valued at around USD 50.0 billion in 2014 and is expected to reach around USD 70.0 billion in 2020, growing at a CAGR of approximately 5.5% between 2015 and 2020. In terms of volume, the global crop protection chemicals market stood at around 2,250.0 Kilo tons in 2014.

Request For Sample @ http://www.marketresearchstore.com/report/crop-protection-chemicals-market-z38313#RequestSample

Crop protection chemicals are also known as plant protection chemicals or pesticides. Crop protection chemicals include various chemicals, which can be applied externally to safeguard the crops by controlling the population of harmful pests or those that can potentially damage or adversely affect the growth of crops. Crop protection chemicals can be broadly classified into three categories such as insecticides, herbicides and fungicides. Pesticides can be synthetic or bio-based. However, large chunk of crop protection chemicals market is occupied by synthetic pesticides. Chlorine, nitrogen, phosphorus, bromine, phenol, etc. are some of the important raw materials used in the manufacture of crop protection chemicals. Agriculture is major application market for pesticides. However, significant volume of pesticides is also used in horticulture, floriculture and house-hold applications (such as pest control).

The major driving factor for the global crop protection chemicals market is rapidly growing population of the world. Increase in population has been resulted into higher demand for food. Moreover, arable land is shrinking due to increasing urbanization and industrialization. Crop protection chemicals help to safeguard crops and ensures higher yield. Moreover, global crop protection market is primarily driven by strong demand from Asia Pacific and Latin America. However, increasing environmental concerns across the world due to manufacturing and use of crop protection chemicals is expected to affect the growth of this market. Moreover, increasing acceptance of genetically modified seed (Bacillus thuringiensis crops) is expected to adversely affect the growth of global crop protection chemicals market in the years to come.

Visit For Inquiry Before buying report @ http://www.marketresearchstore.com/report/crop-protection-chemicals-market-z38313#InquiryForBuying

Based on types, crop protection chemicals market is segments into insecticides, herbicides and fungicides. Insecticides are sub-segmented as pyrethrins and pyrethroids, malathion, carbaryl, chlorpyrifos, and others. Herbicides are sub-segmented as atrazine, acetochlor, 2, 4 – D, glyphosate, and others. Fungicides are further segmented as chlorothalonil, metalaxyl, strobilurin, mancozeb, and others. Herbicide was the leading product segment of global crop protection chemicals market in 2014. Herbicides accounted for over 35% share of the total volume consumed in 2014. Insecticide was the second largest segment of crop protection chemicals market.

Cereals & grains, oilseeds & pulses, fruits, vegetables & nuts and others are the key application market of crop protection chemicals. Cereals and grains was the largest application market for crop protection chemicals in 2014. Cereals and grains accounted for around 30% share of the total crop protection chemicals volume consumed in 2014. Rice, wheat, sorghum, barley, oats, etc. are key crops dominating this segment. Fruits, vegetables and nuts are also one of the important application segments in the global crop protection chemicals market.

Browse Full Report @ http://www.marketresearchstore.com/report/crop-protection-chemicals-market-z38313#ReportDetails

Asia Pacific was the leading regional market for crop protection chemicals, with around 25% share in total volume consumption in 2014. Asia Pacific is closely followed by North America. Strong growth of agricultural sector in China, India and other emerging economies for the region are driving demand for crop protection chemicals. Europe and Latin America also accounts for the significant share in global crop protection chemicals market. Middle East & Africa accounted for smallest share in global crop protection chemicals market in 2014. Middle East & Africa is highly untapped market for crop protection chemicals. However, Middle East & Africa is expected to show promising growth in the years to come.

Some of the major industry participants in global crop protection chemicals market include Syngenta, BASF, DuPont, Arystya Lifescience, Sumotomo Chemicals, Nufarm, Makhteshim Agam, and DOW Agroscience.

Browse all related Global Chemical Research reports along with a forecast from 2016 to 2021 based on revenue (USD Billion) at http://bit.ly/2fff0q2

About Zion Research
Zion Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Zion Research experienced team of Analysts, Researchers, and Consultants uses proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Contact US
Joel John
3422 SW 15 Street,Suit #8138
Deerfield Beach,Florida 33442 United States
Toll Free: +1-855-465-4651 (USA-CANADA)
Tel: +1-386-310-3803
Email: sales@marketresearchstore.com
Website: http://www.marketresearchstore.com

Media Relations Contact

Joel John
Sales Manager
Market Research Store
386-310-3803
http://www.marketresearchstore.com/report/crop-protection-chemicals-market-z38313

View this press release online at: http://rwire.com/742751