Agrochemicals Market Expected to Reach $276,374 Million, Globally by 2022

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Agrochemicals Market Latest and updated Scope
and Application
Opportunities and Forecasts, 2014- 2022
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INTRODUCTION
Agrochemicals Market Report, published by Allied
Market Research, forecasts that the global market
is expected to reach 276,374 million by 2022,
registering a CAGR of 4.6. Asia-Pacific held
more than half of the share in the global
agrochemicals market in 2015, and is expected to
continue its dominance during the forecast
period. The major factors driving the global
agrochemicals market include high population and
subsequent increase in the demand for food, soil
degradation, limited agricultural land, and
increase in awareness in the consumers regarding
the benefits of agrochemicals. However, the
market growth may be hampered by the potential
harms of using synthetic pesticides such as 2,
4-D and atrazine herbicide. Agrochemicals when
used in higher concentration result in surface
water pollution and adversely affect the
environment. Thus, the production of bio-based
fertilizers and pesticides have created numerous
opportunities for the key market players.
Agrochemicals Market
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Agrochemicals
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Agrochemicals Market
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Agrochemicals are specially engineered chemical
products for use in agriculture in order to
enhance crop productivity and protect the crops
from pests, insects, weeds, fungi, and others.
Agrochemicals can be produced in both, chemical
as well as biological methods. Synthetic
agrochemicals are a threat for the environment
and are gradually being replaced by bio-based
pesticides and fertilizers. The global
agrochemicals market is segmented based on the
type and geography. According to the type,
agrochemicals can be categorized into fertilizers
and pesticides. Fertilizers can be further
classified into synthetic and biofertilizers.
Synthetic fertilizers can be further divided
into nitrogenous, phosphatic, and potassic
fertilizers. Based on pesticides, they are
categorized into insecticides, fungicides, and
herbicides, which include synthetic and
bio-based.
OVERVIEW
Agrochemicals Market
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• Comprehensive analysis of the drivers and
  restraints affecting the market growth are
  provided, along with their impact analysis.
• The report provides quantitative analysis of
  the current market and future estimations through
  2014-2022 to assist the stakeholders in
  identifying prevalent market opportunities.
• Key players of the market are profiled and
  their strategies are analyzed to identify the
  global competitive outlook.
• Top investment pockets showcase the
  opportunity in the most lucrative product
  segment.
• Check offers and discount on this report
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  532

KEY BENEFITS
Agrochemicals Market
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Global Agrochemicals Market Segmentation
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The key players of agrochemicals market profiled
in this report are Agrium Inc., Bayer AG, BASF
SE, Dow AgroSciences LLC, E. I. du Pont Nemours
and Company, Monsanto Company, Sumitomo Chemical
Co., Syngenta AG, The Mosaic Co., and Yara
International ASA. Need More Information
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KEY PLAYERS
Agrochemicals Market
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