Market Research Report
Global Markets for Agrochemicals
|Published by||BCC Research||Product code||106149|
|Published||Content info||180 Pages
Delivery time: 1-2 business days
|Global Markets for Agrochemicals|
|Published: December 31, 2019||Content info: 180 Pages||
The global market for agrochemicals reached $243.1 billion in 2019 and should reach $299.8 billion by 2024, at a compound annual growth rate (CAGR) of 4.3% for the period of 2019-2024.
Fertilizer market reached $174.5 billion in 2019 and should reach $212.3 billion by 2024 at a CAGR of 4.0% through 2024.
Pesticide market reached $68.6 billion in 2019 and should reach $87.5 billion by 2024 at a CAGR of 5.0% through 2024.
This research report presents an in-depth analysis of the global agrochemical market by product type and regional geographic markets. It covers the major categories of agrochemicals used for crop protection across the globe. The evolving trends and ongoing research and developments in the field of agrochemical developments have been studied in detail. The report analyses the active ingredients used in the market and not the formulations.
This study highlights the emergence of genetically modified crops, the importance of crop protection, and the pros and cons of pesticide use. Special importance has been given to key market developments such as collaborative activities, important acquisitions, new product launches, and strategic agreements between top players. An analysis of the key drivers and factors either affecting or influencing the growth of this market is also included in this report. The analysis also includes the current and projected markets for agrochemicals across geographic regions while considering different parameters (e.g., government regulations, climatic conditions, and crop production).
The global agrochemical market is mainly segmented into types and regions. Types of agrochemicals are principally categorized into pesticides and fertilizers. Pesticides primarily include herbicides, insecticides, and fungicides. Nitrogenous, phosphatic, potassic, and biofertilizers are covered under the fertilizer category. In terms of geography, the market is categorized by North America, Europe, Asia-Pacific, and the rest of the world. ROW primarily consists of economies such as Brazil, Argentina, Egypt, South Africa, Chile, Colombia, Turkey, Iraq, Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates