Crop Protection Chemicals Comprehensive Study.
Praveen Kumar
Managing Director & Co-Founder @ AMA Research & Media | Market Research, Team Building, Marketing Strategy
About Crop Protection Chemicals
Crop protection chemicals are the chemicals widely used to help in managing and minimizing plant diseases, weeds as well as other pests which damage agricultural crops. These chemicals also benefit from growing and maintaining crop yield over the years. Various types of crop protection are herbicides, insecticides, and fungicides, among others. Previously, farmers use to control the infestation of insects & fungi inorganic compounds including arsenic and mercury salts. Presently, various chemicals are available for protecting crops from getting damaged by rodents, birds, insects, as well as bacteria, etc. Development in farming practices and technology, as well as the growing need for food security due to the rise in population, are the growth driving factors for the global crop protection chemicals market.
AttributesDetailsStudy Period2018-2030Base Year2023UnitValue (USD Million)
In January 2019, Valent U.S.A. LLC has announced the launch of Fierce MTZ Herbicide that is a stand-alone liquid formulation that combines the company’s top herbicide, Fierce Herbicide, with the additional benefit of metribuzin. The company has received United States EPA approval, and first sales are anticipated in the 2019 growing season. This product launch will support the company to remain competitive in the market. Analyst at AMA Research estimates that German, Japanese, and United States Vendors will contribute the maximum growth to Global Crop Protection Chemicals market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.BASF SE (Germany), The Dow Chemical Company (United States), E.I. du Pont de Nemours and Company (United States), Sumitomo Chemical Co., Ltd. (Japan), Syngenta AG (Switzerland), Arysta LifeScience Corporation (United States), American Vanguard Corporation (United States), Bayer CropScience AG (Germany), Lanxess Aktiengesellschaft (Germany) and FMC Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Marrone Bio Innovations (United States), Nufarm (Australia) and Valent U.S.A. LLC (United States).
Segmentation Overview
AMA Research has segmented the market of Global Crop Protection Chemicals market by Type (Herbicides, Insecticides, Fungicides, Acaricides, Nematicides, Rodenticides, Disinfectants, Fumigants, Mineral Oils and Others) and Region.On the basis of Type, Herbicides are dominating the market in the year 2023On the basis of geography, the market of Crop Protection Chemicals has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia-Pacific, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Crop Type, the sub-segment i.e. Cereals & Oilseeds will boost the Crop Protection Chemicals market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Mode of Application, the sub-segment i.e. Foliar spray will boost the Crop Protection Chemicals market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Basis of Origin, the sub-segment i.e. Synthetic will boost the Crop Protection Chemicals market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Basis of Form, the sub-segment i.e. Liquid will boost the Crop Protection Chemicals market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers:
Development in Farming Practices and Technology, Growing Need for Food Security Due to the Rise in Population and Heavy Crop Loss Owing to Pest Attacks
Challenges:
Evolution of Biotechnology & Growing Acceptance of GM Crops as an Substitute to Crop Protection Chemicals
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Restraints:
Strict Government Regulations and Pesticide Residue Problems
Opportunities:
Speedy Growth in the Biopesticides Market as well as Organic Agriculture and High Opportunities in Developing Nations
Market Leaders and their expansionary development strategies
"In May 2021, China's two centrally-administered, state-owned chemical manufacturers - Sinochem and ChemChina - were being restructured and merged to form a behemoth. Both companies are based in Beijing, with each holding several subsidiaries across industry segments. The new chemical giant will operate in a wide array of sectors, like life sciences, material science, basic chemicals, environmental science, rubber and tires, machinery and equipment, and industrial finance.
Key Target Audience
Crop protection chemicals manufacturers, Crop protection chemical raw material suppliers, Crop protection chemical products exporters and importers, Seed treatment manufacturers & suppliers, Fertilizers manufacturers, Industry Associations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.https://www.advancemarketanalytics.com/sample-report/31527-global-crop-protection-chemicals-market?industry=fertilizers-agricultural-chemicals?utm_source=LinkedIn&utm_medium=Hrushikesh