Crop Protection Chemicals Market By Size, Growth, Trends and Forecast 2018-2028

Summary

Report Description

Forecast Period	2024-2028
Market Size (2022)	USD 70.21 Billion
CAGR (2023-2028)	3.24%
Fastest Growing Segment	Herbicides
Largest Market	Asia-Pacific

Market Overview

Global Crop Protection Chemicals Market has valued at USD 70.21 Billion in 2022 and is anticipated to project impressive growth in the forecast period with a CAGR of 3.24% through 2028. Crop protection chemicals, also referred to as agricultural pesticides, are chemical substances employed in farming to safeguard crops against pests, diseases, and weeds. These chemicals play a vital role in ensuring the productivity and profitability of agricultural practices. Crop protection chemicals encompass a wide array of products, including insecticides, herbicides, fungicides, and rodenticides, each tailored to target specific pests or plant diseases. Insecticides are utilized to manage and eliminate insects that can cause damage to crops by feeding on leaves, stems, or fruits. Herbicides are deployed to suppress or eradicate undesirable plants, commonly known as weeds, which compete with crops for essential resources such as water, sunlight, and nutrients. Fungicides, on the other hand, are formulated to prevent and control fungal infections that can significantly impact crop yield and quality. Furthermore, rodenticides are employed to manage rodent populations that can cause extensive damage to crop during their feeding activities. Crop protection chemicals undergo rigorous testing and evaluation to ensure their effectiveness, safety, and environmental sustainability. They are typically applied using various methods, including spraying, seed treatment, and soil application, depending on the specific requirements of the crop and the targeted pest or disease.

Key Market Drivers

Advances in Farming Practices & Technology

Advancements in farming practices and technology are significantly expected to propel the global demand for crop protection chemicals. Developments such as precision farming and smart agriculture, enabled by GPS and IoT devices, allow for targeted application of pesticides and herbicides, which not only enhances crop yield but also minimizes environmental impact. This targeted approach is driving an increased efficiency of crop protection chemicals, thus escalating their demand. Moreover, the rise in global food demand necessitates intensified agricultural production. As a result, farmers are compelled to protect their crops against diseases, pests, and weeds more than ever, further fuelling the demand for these chemicals. Furthermore, the advent of bio-based crop protection chemicals, which are environmentally friendly, is anticipated to offer lucrative growth opportunities in the market. These innovations in farming practices and technology are therefore playing a pivotal role in increasing the global demand for crop protection chemicals.

Rise in Demand for Bio-Based Crop Protection Chemicals

The global surge in demand for bio-based crop protection chemicals is set to stimulate the overall market for crop protection chemicals. This trend stems from an increasing global consciousness towards environmental sustainability, driving agro-based industries to adopt greener alternatives. Bio-based crop protection chemicals, also known as biopesticides, serve as an environmentally friendly alternative to conventional synthetic pesticides. They are derived from natural materials like animals, plants, bacteria, and certain minerals. Biopesticides are not only effective in crop protection, but they also reduce the negative environmental impacts associated with synthetic pesticides, such as soil degradation, water contamination, and harm to non-target species. Moreover, biopesticides are typically less toxic than conventional pesticides and often only affect the targeted pest, reducing the risk to beneficial insects, birds, and mammals. The increasing shift to sustainable agriculture in both developed and developing nations is further driving the demand for these bio-based crop protection chemicals. Governments worldwide are enforcing stringent regulations limiting the use of synthetic pesticides and promoting biopesticides, propelling the growth of the global crop protection chemicals market. Furthermore, the rise in organic farming and the growing demand for organic food also contribute to the increased need for bio-based crop protection chemicals.

Rapid Industrialization Leading to Loss of Arable Land

Rapid industrialization worldwide is leading to a significant loss of arable land, which in turn is expected to increase the demand for crop protection chemicals globally. As industries proliferate, the need for land to accommodate factories, infrastructure, and housing drives the conversion of agricultural land into industrial zones, reducing the area available for farming. This reduction in arable land increases pressure on farmers to maximize crop yields from the remaining agricultural lands to meet the ever-growing demand for food. To achieve this, farmers extensively use crop protection chemicals, such as pesticides and herbicides, to protect their crops from pests, diseases, and weeds. As industrial growth continues, the demand for these chemicals is predicted to rise further. The amplification of this issue is particularly visible in densely populated and rapidly industrializing countries where the struggle for land is most acute. However, it must also be noted that this increased reliance on crop protection chemicals poses its own set of environmental challenges and concerns relating to food safety, requiring a balanced approach to their use.

Development of Pest Resistance to Certain Chemicals

The escalating issue of pest resistance to a range of chemicals is anticipated to surge the demand for crop protection chemicals globally. As pests evolve and develop resistance to currently used substances, this necessitates the continuous development and deployment of new crop protection chemicals. The inherent adaptability of pests ensures an ongoing challenge for the agricultural sector, compelling a constant demand for novel and effective pesticides. This necessity is not confined to a single region; it is a global predicament, given the universal occurrence of pests and the vital role of agriculture worldwide. Moreover, as the world's population continues to grow, there is an intensifying pressure to increase crop yields to meet escalating food demand. The role of crop protection chemicals in preserving and enhancing crop yields is therefore increasingly crucial, further driving their demand. Furthermore, climate change and the associated alterations in weather patterns exacerbate pest problems, potentially introducing new pest species or increasing the prevalence of existing ones. Consequently, this situation is expected to further heighten the global requirement for effective crop protection chemicals. Concurrently, the developing resistance to current chemicals necessitates enhanced research and development efforts to introduce new, more effective products, thereby fueling the market growth.

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Key Market Challenges

High R&D Costs

High research and development (R&D) costs are expected to significantly curb the demand for crop protection chemicals on a global scale. These chemicals, crucial in protecting crops from pests and diseases, necessitate extensive R&D to ensure they are effective, safe, and environmentally friendly. However, the escalating expenses associated with R&D are presenting a formidable barrier for many manufacturers. The intensive financial commitment required for the development and regulatory approval of a new product often results in higher market prices, in turn negatively influencing consumer demand. Moreover, these costs are also a deterrent for smaller, emerging companies wishing to enter the market. Consequently, farmers and agricultural businesses may seek alternatives, including sustainable farming practices and organic pesticides, which are perceived as more cost-effective and environmentally friendly. Therefore, the high R&D costs related to crop protection chemicals is anticipated to bring about a decrease in their global demand.

Fluctuating Raw Material Prices

The global demand for crop protection chemicals is expected to decline due to the fluctuating prices of raw materials. The cost of production for these chemicals is heavily dependent on the prices of their raw materials, which are subject to significant volatility due to factors such as geopolitical tensions, trade policies, and market dynamics. High and unpredictable prices can deter manufacturers, leading to a decrease in supply and an increase in the prices of the end products. This in turn can dampen the demand, as farmers, who are the primary consumers of these products, often operate on thin margins and are sensitive to changes in input costs. The uncertainty surrounding the future price trajectory of raw materials can also lead to a wait-and-see approach, causing a further decline in demand. Therefore, while crop protection chemicals play a crucial role in safeguarding global food supply chains, the fluctuations in raw material prices represent a significant headwind to the sector.

Key Market Trends

Increase in the Trend of Sustainable Farming

The burgeoning trend of sustainable farming globally is expected to fuel the demand for crop protection chemicals. This seemingly paradoxical relationship can be understood by considering the urgent need to balance high-yield agricultural practices with environmentally friendly farming methods. Sustainable farming doesn't mean a complete withdrawal from chemical usage; rather, it calls for a strategic and judicious use of these substances. Crop protection chemicals, such as herbicides, fungicides, and insecticides, when used appropriately, can contribute significantly to the sustainability quotient of farming. These chemicals protect crops from pests, diseases, and weeds, thus improving crop yield and reducing the risk of food insecurity. Furthermore, advances in technology have led to the development of bio-based and eco-friendly crop protection chemicals, aligning with the ethos of sustainable farming. These substances, designed to minimise environmental impact whilst maximizing crop production, are expected to see increased adoption among farmers committed to sustainable practices. Globally, the pressure to meet the rising food demand without compromising the health of our planet is set to drive the demand for such innovative, sustainable crop protection solutions.

High Investments In R&D Activities by Key Market Players

High investments in Research and Development (R&D) by major market players have been observed to be a critical driving force for the global demand of Crop Protection Chemicals. These investments are channeled towards the enhancement of existing products and the discovery of new and more effective chemical solutions. As the global population continues to increase, the demand for agricultural products rises exponentially. This increase necessitates the development of innovative crop protection chemicals to maximize agricultural yield while minimizing damage from pests, diseases, and weeds. In addition, these chemicals aim to safeguard crops against abiotic factors such as drought, heat, and cold. Increasingly, there is a focus on developing chemicals that not only protect crops but do so in an environmentally friendly manner. As such, R&D investments are also targeted at creating bio-based crop protection chemicals, which are expected to be the future of the market. The expectation of these advancements in crop protection technology fuels the global demand for these chemicals. Consequently, the market players who invest heavily in R&D are likely to see an increased demand for their products, reinforcing the importance of their investment decisions in shaping the global market landscape.

Segmental Insights

Type Insights

Based on the Type, the herbicides segment is expected to dominate the global market with a significant revenue share in 2022. This can be attributed to the fact that herbicides play a crucial role in eliminating different varieties of unwanted weeds that pose a threat to crop yield. As per the research conducted by the Food and Agriculture Organization, it was found that approximately 2 million tons of herbicides were used globally in 2019, which is double the amount of insecticides consumed during the same period. These herbicides are primarily utilized during the autumn vegetation period to enhance agricultural practices and ensure improved crop production.

On the other hand, insecticides are also anticipated to witness substantial growth in the product segment over the forecast period. This is due to their extensive use in the agricultural sector, where they provide effective control against early germination pest attacks and safeguard crops from a wide range of insects. Notable examples include Japanese beetles, aphids, leafhoppers, and over 100 other species of insects. Such comprehensive protection measures contribute to the overall health and productivity of various food crops, ensuring a sustainable and prosperous agricultural industry.

Origin Insights

Based on the Origin, in recent years, synthetic pesticides have come to dominate the market, primarily due to their cost-effectiveness and broad effectiveness against pests. However, as society becomes increasingly aware of the environmental impact of these pesticides, coupled with the implementation of stricter environmental regulations, a noteworthy shift is underway. This shift is towards the adoption and utilization of biopesticides, which not only demonstrate environmentally friendly characteristics but also possess target-specificity in pest control. It is projected that the growth of biopesticides will surge in the coming years, as they offer an effective solution for pest management while minimizing harm to the environment. This transition reflects a larger and more comprehensive trend towards the implementation of sustainable and eco-friendly practices in the field of agriculture and pest management. By embracing biopesticides, we are taking a significant step towards achieving a more harmonious and balanced approach to crop protection and environmental preservation.

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Regional Insights

The Asia-Pacific region is emerging as the dominant force in the Global Crop Protection Chemicals Market. This can be attributed to the region's vast agricultural activities, characterized by a diverse range of crops cultivated in various climatic conditions. The region's agricultural landscape boasts an impressive array of crops, including rice, wheat, corn, soybeans, and many more, each requiring specific crop protection measures to ensure optimal growth and yield. The increasing need to enhance crop yield and quality, in order to meet the escalating food demand driven by rapid population growth, is further fueling the market growth in this region. As the Asia-Pacific region continues to experience an exponential increase in population, the demand for food is reaching unprecedented levels. To address this challenge, farmers and agricultural stakeholders are increasingly relying on crop protection chemicals to safeguard their crops from pests, diseases, and weeds. These chemicals play a crucial role in maintaining the health and productivity of crops, ultimately ensuring food security for the growing population.

With its rich agricultural heritage and continuous advancements in farming practices, the Asia-Pacific region is poised to maintain its stronghold in the Global Crop Protection Chemicals Market. The region's long-standing tradition of agriculture, coupled with its commitment to innovation and sustainable practices, positions it as a leader in crop protection technologies. Moreover, ongoing research and development efforts in the region are paving the way for the introduction of novel and more effective crop protection solutions, further bolstering the market's growth and potential. The Asia-Pacific region's dominance in the Global Crop Protection Chemicals Market is a testament to its thriving agricultural sector and commitment to feeding a rapidly growing population. With its diverse range of crops, increasing demand for food, and continuous advancements in farming practices, the region is well-positioned to shape the future of crop protection and contribute to global food security.

Recent Developments

May 2022: Syngenta introduced Victrato, a seed treatment under its seed care segment, targeting nematodes and significant soil-borne fungi. This enhances crop quality and productivity across various crops such as soybeans, corn, cereals, cotton, and rice.
May 2021: China's two centrally administered, state-owned chemical manufacturers, Sinochem and ChemChina, underwent restructuring and merger to establish a formidable entity. Headquartered in Beijing, both companies hold multiple subsidiaries across industry segments. The newly formed chemical giant will operate in diverse sectors including life sciences, material science, basic chemicals, environmental science, rubber and tires, machinery and equipment, and industrial finance.

December 2020: Corteva Agriscience launched a new mobile application to assist growers in safeguarding their crops and establishing a more resilient and sustainable agriculture system. This tool provides crucial information for the safe application of insecticides, including Closer, Runne, Intrepid, Spintor, Tracer, Success, Delegate, and Exalt.

Key Market Players

BASF SE
The Dow Chemical Company
E.I. du Pont de Nemours and Company
Sumitomo Chemical Co., Ltd.
Syngenta AG
Bayer CropScience AG
FMC Corporation
Monsanto Company
Nufarm Limited
ADAMA Agricultural Solutions Ltd.

By Type	By Origin	By Mode of Application	By Region
Herbicides Insecticides Fungicides Others	Synthetic Biopesticides	Foliar Spray Seed Treatment Soil Treatment Others	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Crop Protection Chemicals Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

· Crop Protection Chemicals Market, By Type:

o Herbicides

o Insecticides

o Fungicides

o Others

· Crop Protection Chemicals Market, By Origin:

o Synthetic

o Biopesticides

· Crop Protection Chemicals Market, By Mode of Application:

o Foliar Spray

o Seed Treatment

o Soil Treatment

o Others

· Crop Protection Chemicals Market, By Region:

o North America

§ United States

§ Canada

§ Mexico

o Europe

§ France

§ United Kingdom

§ Italy

§ Germany

§ Spain

o Asia-Pacific

§ China

§ India

§ Japan

§ Australia

§ South Korea

o South America

§ Brazil

§ Argentina

§ Colombia

o Middle East & Africa

§ South Africa

§ Saudi Arabia

§ UAE

§ Kuwait

§ Turkey

§ Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Crop Protection Chemicals Market.

Available Customizations:

Global Crop Protection Chemicals market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Crop Protection Chemicals Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validations

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market

3.2. Overview of Key Market Segmentations

3.3. Overview of Key Market Players

3.4. Overview of Key Regions/Countries

3.5. Overview of Market Drivers, Challenges, Trends

3.6. Voice of Customer

4. Global Crop Protection Chemicals Market Outlook

4.1. Market Size & Forecast

4.1.1. By Value

4.2. Market Share & Forecast

4.2.1. By Type (Herbicides, Insecticides, Fungicides, and Others)

4.2.2. By Origin (Synthetic and Biopesticides)

4.2.3. By Mode of Application (Foliar Spray, Seed Treatment, Soil Treatment, and Others)

4.2.4. By Region

4.2.5. By Company (2022)

4.3. Market Map

5. North America Crop Protection Chemicals Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Type

5.2.2. By Origin

5.2.3. By Mode of Application

5.2.4. By Country

5.3. North America: Country Analysis

5.3.1. United States Crop Protection Chemicals Market Outlook

5.3.1.1. Market Size & Forecast

5.3.1.1.1. By Value

5.3.1.2. Market Share & Forecast

5.3.1.2.1. By Type

5.3.1.2.2. By Origin

5.3.1.2.3. By Mode of Application

5.3.2. Canada Crop Protection Chemicals Market Outlook

5.3.2.1. Market Size & Forecast

5.3.2.1.1. By Value

5.3.2.2. Market Share & Forecast

5.3.2.2.1. By Type

5.3.2.2.2. By Origin

5.3.2.2.3. By Mode of Application

5.3.3. Mexico Crop Protection Chemicals Market Outlook

5.3.3.1. Market Size & Forecast

5.3.3.1.1. By Value

5.3.3.2. Market Share & Forecast

5.3.3.2.1. By Type

5.3.3.2.2. By Origin

5.3.3.2.3. By Mode of Application

6. Europe Crop Protection Chemicals Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Type

6.2.2. By Origin

6.2.3. By Mode of Application

6.2.4. By Country

6.3. Europe: Country Analysis

6.3.1. Germany Crop Protection Chemicals Market Outlook

6.3.1.1. Market Size & Forecast

6.3.1.1.1. By Value

6.3.1.2. Market Share & Forecast

6.3.1.2.1. By Type

6.3.1.2.2. By Origin

6.3.1.2.3. By Mode of Application

6.3.2. United Kingdom Crop Protection Chemicals Market Outlook

6.3.2.1. Market Size & Forecast

6.3.2.1.1. By Value

6.3.2.2. Market Share & Forecast

6.3.2.2.1. By Type

6.3.2.2.2. By Origin

6.3.2.2.3. By Mode of Application

6.3.3. Italy Crop Protection Chemicals Market Outlook

6.3.3.1. Market Size & Forecast

6.3.3.1.1. By Value

6.3.3.2. Market Share & Forecasty

6.3.3.2.1. By Type

6.3.3.2.2. By Origin

6.3.3.2.3. By Mode of Application

6.3.4. France Crop Protection Chemicals Market Outlook

6.3.4.1. Market Size & Forecast

6.3.4.1.1. By Value

6.3.4.2. Market Share & Forecast

6.3.4.2.1. By Type

6.3.4.2.2. By Origin

6.3.4.2.3. By Mode of Application

6.3.5. Spain Crop Protection Chemicals Market Outlook

6.3.5.1. Market Size & Forecast

6.3.5.1.1. By Value

6.3.5.2. Market Share & Forecast

6.3.5.2.1. By Type

6.3.5.2.2. By Origin

6.3.5.2.3. By Mode of Application

7. Asia-Pacific Crop Protection Chemicals Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Type

7.2.2. By Origin

7.2.3. By Mode of Application

7.2.4. By Country

7.3. Asia-Pacific: Country Analysis

7.3.1. China Crop Protection Chemicals Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Type

7.3.1.2.2. By Origin

7.3.1.2.3. By Mode of Application

7.3.2. India Crop Protection Chemicals Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Type

7.3.2.2.2. By Origin

7.3.2.2.3. By Mode of Application

7.3.3. Japan Crop Protection Chemicals Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Type

7.3.3.2.2. By Origin

7.3.3.2.3. By Mode of Application

7.3.4. South Korea Crop Protection Chemicals Market Outlook

7.3.4.1. Market Size & Forecast

7.3.4.1.1. By Value

7.3.4.2. Market Share & Forecast

7.3.4.2.1. By Type

7.3.4.2.2. By Origin

7.3.4.2.3. By Mode of Application

7.3.5. Australia Crop Protection Chemicals Market Outlook

7.3.5.1. Market Size & Forecast

7.3.5.1.1. By Value

7.3.5.2. Market Share & Forecast

7.3.5.2.1. By Type

7.3.5.2.2. By Origin

7.3.5.2.3. By Mode of Application

8. South America Crop Protection Chemicals Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Type

8.2.2. By Origin

8.2.3. By Mode of Application

8.2.4. By Country

8.3. South America: Country Analysis

8.3.1. Brazil Crop Protection Chemicals Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Type

8.3.1.2.2. By Origin

8.3.1.2.3. By Mode of Application

8.3.2. Argentina Crop Protection Chemicals Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Type

8.3.2.2.2. By Origin

8.3.2.2.3. By Mode of Application

8.3.3. Colombia Crop Protection Chemicals Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Type

8.3.3.2.2. By Origin

8.3.3.2.3. By Mode of Application

9. Middle East and Africa Crop Protection Chemicals Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Type

9.2.2. By Origin

9.2.3. By Mode of Application

9.2.4. By Country

9.3. MEA: Country Analysis

9.3.1. South Africa Crop Protection Chemicals Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Type

9.3.1.2.2. By Origin

9.3.1.2.3. By Mode of Application

9.3.2. Saudi Arabia Crop Protection Chemicals Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Type

9.3.2.2.2. By Origin

9.3.2.2.3. By Mode of Application

9.3.3. UAE Crop Protection Chemicals Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Type

9.3.3.2.2. By Origin

9.3.3.2.3. By Mode of Application

9.4. Drivers

9.5. Challenges

10. Market Trends & Developments

10.1. Recent Development

10.2. Mergers & Acquisitions

10.3. Product Launches

11. Global Crop Protection Chemicals Market: SWOT Analysis

12. Porter’s Five Forces Analysis

12.1. Competition in the Industry

12.2. Potential of New Entrants

12.3. Power of Suppliers

12.4. Power of Customers

12.5. Threat of Substitute Products

13. Competitive Landscape

13.1. BASF SE

13.1.1. Business Overview

13.1.2. Service Offerings

13.1.3. Recent Developments

13.1.4. Key Personnel

13.1.5. SWOT Analysis

13.2. The Dow Chemical Company

13.3. E.I. du Pont de Nemours and Company

13.4. Sumitomo Chemical Co., Ltd.

13.5. Syngenta AG

13.6. Bayer CropScience AG

13.7. FMC Corporation

13.8. Monsanto Company

13.9. Nufarm Limited

13.10. ADAMA Agricultural Solutions Ltd.

14. Strategic Recommendations

15. About Us & Disclaimer

Figures and Tables

Frequently asked questions

What was the market size of the Global Crop Protection Chemicals Market in 2022?

The market size of the Global Crop Protection Chemicals Market was estimated to be USD 70.21 Billion in 2022.

Which was the dominant segment by Origin in the Global Crop Protection Chemicals Market in 2022?

The dominance of synthetic pesticides is being challenged by the growing awareness of their environmental impact. As regulations tighten, biopesticides are gaining momentum due to their eco-friendly nature and targeted effectiveness. This shift reflects the larger trend towards sustainable practices in agriculture and pest management.

Which is the dominant region in the Global Crop Protection Chemicals Market?

The Asia-Pacific region is emerging as the dominant force in the Global Crop Protection Chemicals Market. Vast agricultural activities and diverse crop cultivation, combined with the need to enhance crop yield and quality, are driving market growth. With its rich agricultural heritage and continuous advancements in farming practices, the Asia-Pacific region is poised to maintain its stronghold in the global market.

What are the major drivers for the Global Crop Protection Chemicals Market?

Advances in farming practices & technology and rise in demand for bio-based crop protection chemicals are the major drivers for the Global Crop Protection Chemicals Market.

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Press Release

Crop Protection Chemicals Market to Grow with a CAGR of 3.24% through 2028

Jan, 2024

Increase in the trend of sustainable farming and high investments in R&D activities by key market players is expected to drive the Global Crop Protection Chemicals Market growth in the forecast perio

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