Agrochemicals Market Analysis Report, Share, Growth, Trend, and Forecast, 2024

1
Agrochemicals Market Analysis, Applications, and
Segment Forecasts from 2017 to 2024 Global
Market Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Regional Analysis of Agrochemicals Market

• Asia Pacific, led by China, Japan and India is
  anticipated to show significant growth owning to
  high demand for the product. With the growing
  population, there is a need for increased food
  production which will boost the product market
  growth.
• North America holds the largest share for
  agrochemicals market due to the most
  industrialization and commercialization region
  globally. In the U.S., all pesticides sold or
  distributed should be registered by EPA under the
  Federal insecticide, Fungicide and Rodenticide
  Act (FIFRA) to protect human health and
  environment. Training of workers is required in
  pesticide treated areas and certification for
  using pesticide.
• Europe agrochemicals market will register
  sluggish growth due to strict government
  regulations. European countries do not allow use
  of phosphate based fertilizers owing to its
  adverse effects on environment which will product
  market growth in the region.

3

• Application Analysis of Agrochemicals Market
• Increasing research and development in field of
  bio pesticides and evolving integrated pest
  management in developing countries worldwide is
  expected to boost the global agrochemicals
  market. With the rising scarcity of land and
  water, there is a need for adoption of innovative
  technology that can help improve crop yield.
  Therefore, the product is witnessing significant
  demand as farmers are striving to achieve
  nutritive and high quality crop production.
  Further, growing cultivation of sugarcane and
  oilseeds owning to their usage in food, fodder,
  fuel, and other industries is projected to boost
  agrochemicals market size.
• Agrochemicals exists in three forms named,
  liquid, powder and granular. The product can be
  categorized into pesticides and fertilizers.
  Fertilizers are divided into bio and synthetic
  fertilizers. Synthetic fertilizers are further
  categorized into nitrogenous, potassic and
  phosphatic fertilizers. Based on pesticides, they
  are divided into insecticides, herbicides and
  fungicides, which include bio based and
  synthetic. Nitrogenous fertilizers are projected
  as the fastest growing segment as they balance
  the nitrogen content in soil.

4
Competitive Market Share of Agrochemicals
Market

• The agrochemicals market is consolidated with
  presence of many manufacturing companies
  worldwide. Some of the key players for
  agrochemicals market include, BASF SE, Yara
  International, Dow Agro Sciences, Gharda
  Chemicals, Haifa Group, Zuari Agro Chemicals,
  Crop Science, Bayer, Syngenta, Monsanto and
  Dupont.
• Companies operating in agrochemicals market have
  adopted different business strategies to capture
  this market which includes agreements, product
  launches, expansions, collaborations and
  partnerships. In November 2016, BASF SE opened a
  new production plant of worth USD 22 Million in
  Spain. The new facility will help the company to
  increase fungicide production by 25 with 60
  different formulations manufactured in same plant
  and exported to different countries.

5

Browse Full Market Research Report On
Agrochemicals Market _at_ http//bit.ly/2t0vj1w Req
uest for an in-depth table of contents for this
report _at_ https//www.gminsights.com/request-toc/up
coming/1448
6
Stay In Touch Website www.gminsights.com Soci
al Media