Ferric Chloride Hexahydrate Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

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Ferric Chloride Hexahydrate Market

• Global Industry Analysis, Size, Share, Growth,
  Trends and Forecast, 2024

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Grain and Cereal Crop Protection Market  Snapshot

• The escalating global population contributes to
  the pressure to increase cereal production, which
  leads to a proliferation of pesticide usage.
• Grains and cereals are a major consumer of
  crop-based as well as non-crop-based pesticides,
  particularly herbicides, which are a rapidly
  developing category.
• For the past few years, the global agricultural
  industry has been witnessing significant changes
  in terms of advancements in crop protection, drip
  irrigation, soil management, farming techniques,
  and enhancement of crop yields by means of
  herbicides, pesticides, the GM technology,
  fungicides, and other advanced techniques.
• Farms extensively employed the crop rotation
  method in order to protect the crops and maintain
  the level of nutrients in the soil. Soil
  fertility, soil erosion, and crop yield are
  augmented via this technique.
• It also helps mitigate the problem of pest attack
  which often occurs in a field engaged in
  incessant farming of the same crop. However, crop
  protection chemicals have also been observed to
  have an adverse effect on the environment and
  human health.

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• The grain and cereal crop protection market is
  characterized by the presence of numerous local
  players as well as regional and international
  vendors.
• The global vendors lead the market in terms of
  product differentiation, quality, price,
  innovation, and distribution. The local players
  compete with each other on the basis of product
  price, portfolio, sales network, quality, and
  technology.
• The competitive environment is projected to
  intensify in the near future with extended
  product portfolios, mergers and acquisitions,
  technological expertise, and partnership
  agreements between firms.
• In addition to this, in developing countries,
  creation of energy-efficient agricultural
  technologies creates an area of growth
  opportunity for players to increase their market
  share.

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• Key players operating in the grain and cereal
  crop protection market include Bayer CropScience,
  Syngenta, Dow AgroSciences, BASF, and FMC.
• Other prominent vendors include Sinochem Group,
  Agrium, Sapec Group, Monsanto, and Yara.
• These emerging players have been investing huge
  amounts of capital in research and development
  activities and innovation centers in order to
  expand their production capabilities and meet the
  markets growing demands.

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