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Crop Protection Chemicals Market

Crop Protection Chemicals Market Forecasts to 2028 – Global Analysis By Type (Herbicides, Insecticides), Crop Type (Cereals & Grains, Oilseeds & Pulses), Mode of Application (Seed Treatment, Soil Treatment) and By Geography

4.2 (53 reviews)
Published: June 2021 ID: SMRC20625
4.2 (53 reviews)
Published: June 2021 ID: SMRC20625

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Crop Protection Chemicals market is accounted for $63.70 billion in 2020 and is expected to reach $94.83 billion by 2028 growing at a CAGR of 5.1% during the forecast period. Increase in need for food security owing to the rise in population, advancement in farming practices and technology and increasing utilization of crop protection solutions for high yield are the major factors driving the market growth. However, stringent government regulations are restraining the market growth.

Crop protection chemicals, such as crop pesticides, are used to reduce yield losses caused by pests and diseases. About 800 chemically active ingredients are registered for use as crop protection solutions around the world. These chemicals are broadly categorized in herbicides, fungicides, and insecticides groups.

Based on form, the liquid segment accounted for considerable market share during the forecast period due to the growing requirement of liquid forms of crop protection chemical products, mainly in the foliar spray and seed treatment modes of application. By geography, Asia Pacific held largest market share during forecast period because rice cultivation and the predominance of small-scale manufacturers are widely seen across all the countries of the Asia-Pacific region.

Some of the key players profiled in the Crop Protection Chemicals Market include Arysta Lifescience, American Vangaurd Corp., Bayer CropScience, Bioworks, BASF SE, FMC Corp., Dow Agrosciences, Chr. Hansen, Corteva Agriscience and Syngenta.

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 63.70billion

Estimated Period:

2020

Compound Annual Growth Rate (CAGR) from 2020 to 2028:

5.1%

Predicted 2028 Value:

USD 94.83billion

Forecast Years:

2021-2028

Tables, Graphs & Figures

302

Chapters Covered:

Type, Source, Form, Crop Type, Formulation, Mode of Application and Region

Core Drivers and Opportunities:

  • Increase in need for food security
  • Advancement in farming practices and technology
  • Increasing utilization of crop protection solutions for high yield

Restraining Factors & Market Threats:

  • Stringent government regulations
  • Pesticide residue problems


Types Covered:
• Acaricides
• Fungicides
• Herbicides
• Insecticides
• Nematicides
• Sulphur and Petroleum Oils
• Sulphuric Acid
• Other Types

Sources Covered:
• Synthetic
• Biopesticide

Forms Covered:
• Dry/Solid
• Liquid 

Crop Types Covered:
• Cereals & Grains
• Oilseeds & Pulses
• Fruits & Vegetables
• Commercial Crops
• Other Crop Types 

Formulations Covered:
• Capsule Suspensions
• Emulsifiable Concentrates
• Soluble Powder
• Suspension Concentrate
• Wettable Powder

Modes of Application Covered:
• Foliar Spray
• Seed Treatment
• Soil Treatment
• Refineries
• Food & Beverage
• Dusting
• Volatilization
• Others Modes of Application

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Key Questions Answered In The Report

The Global Crop Protection Chemicals Market is majorly driven by increase in need for food security owing to the rise in population, advancement in farming practices and technology and increasing utilization of crop protection solutions for high yield.

The cereals & grains segment is growing at a highest CAGR owing to the increasing demand for food across the globe.

North America dominated with a significant market share due to the factors such as high awareness and advances in farming practices and technology.

Asia Pacific market is growing at a highest CAGR owing to increasing awareness about pesticides and continuous technological advancements.

Key players in Crop Protection Chemicals Market include ArystaLifescience, American Vangaurd Corp., Bayer CropScience, Bioworks, BASF SE, FMC Corp., Dow Agrosciences, Chr. Hansen, Corteva Agriscience and Syngenta.

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