Global Crop Protection Chemicals Market

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GlobalCropProtectionChemicalsMarket
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Summary

• Since the beginning of agricultural practices in
  human civilization, there have been attempts made
  to protect crops from pests. For instance, before
  2000 BC, humans have utilized pesticides to
  protect their crops. The first known pesticide
  was elemental sulfur dusting used in ancient
  Sumer about 4,500 years ago in ancient
  Mesopotamia. The Rig Veda, an Indian ancient book
  which is about 4,000 years old, mentions the use
  of poisonous plants to control pests in
  agriculture. Crop protection chemicals are vital
  to the advanced agriculture practices across the
  globe, and are responsible for increased
  agricultural production even when the arable area
  is consistently deceasing.
• Global crop protection chemicals market is
  primarily driven by the rising need to ensure
  food safety of growing population across the
  globe. World population is expected to grow by
  2.3 billion people, between 2009 and 2050. While
  there is significant drop in the amount of land
  being used for the agricultural practices in
  developed countries this would create additional
  burden on the agricultural sector to increase the
  production significantly. Technological
  advancements in terms of advanced application
  methods also aids in the growth of this market.

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• However, there is a rising concern about the
  chemical residues in the food and harmful
  environmental effects of some of the crop
  protection chemicals which results in banning or
  prohibiting the use of certain chemicals in
  agriculture. Also, many crop protection chemicals
  are known to cause terminal illness to human
  being, which made government bodies to come up
  with the stringent rules and regulations to
  monitor the production and distribution of such
  chemicals. In developed countries, the rise in
  health consciousness has created the need for
  organic food which certainly has negative impact
  on the growth of crop protection chemicals market
  in long run.
• The global crop protection chemicals market is
  mainly segmented by type (synthetic, natural),
  use (herbicides, insecticides, fungicides, and
  others), crop types (cereal grains, oilseed
  pulses, fruits vegetables), application
  (spraying, dusting, seed treatment, soil
  treatment, volatilization, and others), and form
  (solid and liquid). Geographically, this market
  is segmented in to North America (U.S., Canada,
  and Mexico), Europe (France, Germany Spain,
  Italy, U.K. and RoE), Asia Pacific (China, Japan,
  India, Australia, and RoAPAC), Latin America
  (Brazil, Argentina, RoLATAM), and Middle East
  Africa.

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• The market is dominated by few global players
  despite of facing stiff competition from some of
  the local players operating at the regional
  levels. The key players operating in this domain
  includes the BASF SE, Syngenta AG, E.I. DUPONT De
  Nemours And Company, FMC Corporation, Sumitomo
  Chemical Co., Ltd, BAYER Cropscience AG, Nufarm
  Limited, The Dow Chemical Company, Monsanto
  Company, ADAMA Agricultural Solutions Ltd., and
  Platform Specialty Products Corporation.

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Global Crop Protection Chemicals Market
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