DUBLIN--(BUSINESS WIRE)--The "Agrochemicals Market Analysis By Product (Fertilizers, Crop Protection Chemicals, Plant Growth Regulators), By Application (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables), By Region, And Segment Forecasts, 2014 - 2025" report has been added to Research and Markets' offering.
The global agrochemicals market is expected to reach USD 308.92 billion by 2025
The growing demand for crop protection chemicals, such as fungicides, herbicides, and insecticides, is expected to be the biggest driver of the agrochemicals industry over the forecast period.
Shrinking arable land due to rapid industrialization and population explosion has resulted in increased use of agrochemicals, such as fertilizers and plant growth regulators, further triggering the market growth. The growing demand for crops as animal fodder and fiber in the textile industry has also provided the necessary boost to the agrochemicals industry.
Fertilizers dominated the agrochemicals market in 2016. Nitrogenous and phosphate fertilizers were most widely used due to their easy availability and low prices. However, the new trend of organic farming, which involves complete elimination of chemical-based fertilizers, has increased the demand for biofertilizers.
The demand for agrochemicals is expected to be the highest in Asia Pacific. The region is known for its agro-based countries such as India, Sri Lanka, and China, which are majorly dependent on agriculture and related industries for economic growth.
Bayer CropScience, Agrium, and Yara International were some of the key manufacturers in 2016 with distribution facilities spread across all regions
Key Topics Covered:
1 Methodology And Scope
2 Executive Summary
3 Agrochemicals Market Variables, Trends & Scope
4 Agrochemicals Market: Product Estimates & Trend Analysis
5 Agrochemicals Market: Application Estimates & Trend Analysis
6 Agrochemicals Market: Regional Estimates & Trend Analysis, by Product & Application
7 Competitive Landscape
8 Company Profiles
- Bayer CropScience
- Yara International
- Potash Corporation of Saskatchewan
- Syngenta AG
- Israel Chemicals Ltd.
- IsAgro SpA
- Marrone Bio Innovations, Inc.
For more information about this report visit https://www.researchandmarkets.com/research/mbf9f5/agrochemicals