Crop Protection Chemicals Market size was valued at US$ 67.83 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 3.3% from 2023 to 2029, reaching nearly US$ 85.14 Bn.
Crop Protection Chemicals Market Overview
Crop Protection Chemicals Market report published by MMR encompasses various segments that offer up-to-date business data and insights into the industry's future through careful assessment and examination. Titled as the Crop Protection Chemicals Market Report 2021, the report categorizes the market by manufacturer, type, application, and region. It provides an in-depth analysis, revenue statistics, and other crucial data about the global Crop Protection Chemicals industry. The report also covers various trends, drivers, limitations, opportunities, and threats that the market is expected to face during the forecast period.
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Crop Protection Chemicals Market Scope
The Crop Protection Chemicals market report covers the forecast period from 2022 to 2029, with 2021 as the base year. The market size in terms of value and volume for 2021 is estimated based on actual figures and outputs of prominent players worldwide. The market trends from the past five years, specifically from 2016, are taken into account while projecting the market outlook for the period of 2022 to 2029. However, the year 2021 is analyzed separately, considering the impact of regional lockdown measures.
Furthermore, the report provides a comprehensive analysis of the Crop Protection Chemicals industry, including market segmentation based on product type, applications, end-use, and region. It incorporates an examination of historical market dynamics from 2018 to 2021, enabling readers to compare past trends with the current market scenarios and understand the contributions of key players.
Crop Protection Chemicals Market Segmentation
The market is divided into Herbicides, Insecticides, Fungicides, and Others based on Type. By 2029, the herbicides sector is anticipated to have the greatest market share,%. Herbicides are substances that either kill or stop the growth of undesirable plants (weeds). They are frequently used to suppress weeds, which boosts agricultural productivity and product quality. Herbicides help to increase soil fertility and crop productivity while reducing soil erosion. Since they are used to manage or get rid of unwanted plants, they are frequently called "weed killers." Use of herbicides in agroecosystems may change the makeup of the weed population. Herbicides may increase the variety of native species found in untamed areas. Invasive species and habitat degradation represent more threats to plant biodiversity than any other factors.
The market is divided into two categories based on the form: Dry and Liquid. The liquid form category is anticipated to expand quickly from 2022 to 2029, with a CAGR of%. Increased demand for liquid crop protection chemical products, particularly in the foliar spray and seed treatment modes of application, is anticipated to drive the market for these products. Demand is increased by the fact that they can be used with any other crop enhancer or protectant and are less expensive than solid formulations.
The market is divided into Foliar Spray, Seed Treatment, Soil Treatment, and Others based on the mode of application. Foliar Spray is anticipated to have substantial growth from 2022 to 2029, with a CAGR of%. Foliar spraying is the most popular way to apply crop protection chemicals. It can be used to create fungicides, insecticides, and herbicides. Nevertheless, because of a lack of labor, it is mostly used to spray herbicides and insecticides on unwanted weeds and to stop insect attacks on crops.
1 Global Crop Protection Chemicals Market, by Type (2022-2029)
• Herbicides
• Insecticides
• Fungicides
• Others
2 Global Crop Protection Chemicals Market, by Source (2022-2029)
• Natural
• Biopesticide
3 Global Crop Protection Chemicals Market, by Form (2022-2029)
• Dry
• Liquid
4 Global Crop Protection Chemicals Market, by Mode of Application (2022-2029)
• Foliar Spray
• Seed Treatment
• Soil Treatment
• Others
5 Global Crop Protection Chemicals Market, by Crop Type (2022-2029)
• Cereals & grains
• Oilseeds & pulses
• Fruits & vegetables
• Other crops
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Crop Protection Chemicals Market Key Players
1. BASF SE (Germany)
2. The Dow Chemical Company (US)
3. Dupont (US)
4. Sumitomo Chemical Co., Ltd (Japan)
5. Syngenta AG (Switzerland)
6. Bayer Cropscience AG (Germany)
7. FMC Coropration (US)
8. NufarmLimited (Australia)
9. Adama Agriclutural Solutions Ltd. (Israel)
10. Verdesian Life sciences (US)
11. Bioworks Inc. (US)
12. Valent US (US)
13. Arysta Lifescince Corporation (US)
14. America Vanguard Corporation (US)
15. Chr. Hansen (Denmark)
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Regional Analysis
The Crop Protection Chemicals market report provides comprehensive insights and understanding of the current trends, dynamics, and key issues within the market. It highlights the most significant developments that impact the industry, helping readers stay informed about the latest advancements. The report aids in identifying the crucial information presented and assessing the competitive landscape of major companies, analyzing Crop Protection Chemicals market dynamics, and other factors that assist in formulating effective marketing strategies.
Key Questions answered in the Crop Protection Chemicals Market Report are:
- What is Crop Protection Chemicals Market?
- What is the forecast period of the Crop Protection Chemicals Market?
- What is the competitive scenario of the Crop Protection Chemicals market?
- Which region held the largest market share in the Crop Protection Chemicals Market?
- What are the opportunities for the Crop Protection Chemicals Market?
- What factors are affecting the Crop Protection Chemicals market growth?
- Who are the key players of the Crop Protection Chemicals market?
- Which company held the largest share in the Crop Protection Chemicals market?
- What will be the CAGR of the Crop Protection Chemicals market during the forecast period?
- What key trends are likely to emerge in the Crop Protection Chemicals market in the coming years?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Crop Protection Chemicals#
- Landscape- Leading key players and other prominent key players.
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