United States Crop Protection Chemicals Market Growth, Trends, and Forecast Report 2020-2025 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "United States Crop Protection Chemicals Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

The United States crop protection chemicals market was valued at USD 9.09 billion in 2019, and it is projected to register a CAGR of 1.9% during the forecast period, 2020-2025.

Herbicides accounted for the widely used type of crop protection chemical, followed by insecticides and fungicides. The growing demand for food is constantly increasing the need for agricultural productivity, which accelerates the demand and need for crop protection chemicals. Also, the escalating concern for green agricultural practices and the loss of many conventional products to reregistration and/or performance issues are driving the market for biopesticides.

Key Market Trends

Biopesticides Dominates the Market

The increasing acreage under grains, cereals, and oilseeds play a major role in pushing the consumption of biopesticides in the United States. Although the consumption of biopesticides for grains and cereals is the largest, the growth for oilseed applications is likely to be the fastest, due to the growing demand for oilseed-based products.

The demand is also driven by the growing knowledge and awareness about the benefits and advantages of biopesticides. There are several research institutions, which are focusing on conducting research and on-farm demonstrations on the use of biopesticides, which has a positive influence on the biopesticides market. Biopesticides represent a viable residue management product, and they are exempt from residue limits on fresh and processed foods in the country.

Herbicides Dominate the Segment

The adoption rate of herbicides has been growing in the past few years in the country, owing to the lower prices and availability of different types of herbicides, as compared to other crop protection chemicals. The growth of herbicides is driven significantly by the increment in hard-to-control and resistant weeds that are likely to infest more than 80 million acres of farmland. Therefore, several growers are focusing on modifying their herbicide programs and producing tank mixes that comprise herbicides and residual control, in order to eliminate these weed species, which, in turn, strengthen the herbicides market.

Competitive Landscape

The United States crop protection chemicals market is highly consolidated, with major companies, like Syngenta, Bayer, and BASF, accounting for a significant market shares. The companies are not only competing on new product launches but also focusing on strategic moves, in order to acquire a higher market share.

Major acquisitions between companies, to develop biopesticides, indicate that the focus on bio-based products is rapidly increasing. The players in the market are heavily investing in the biopesticide market, in order to diversify their biological research divisions for expansion of the market.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Market Drivers

4.3 Market Restraints

4.4 Porter's Five Force Analysis

5 MARKET SEGMENTATION

5.1 Origin

5.1.1 Synthetic

5.1.2 Bio-based

5.2 Product Type

5.2.1 Herbicides

5.2.2 Insecticides

5.2.3 Fungicides

5.2.4 Nematicides

5.2.5 Other Crop Protection Chemicals

5.3 Application

5.3.1 Grains and Cereals

5.3.2 Pulses and Oilseeds

5.3.3 Commercial Crops

5.3.4 Fruits and Vegetables

5.3.5 Turf and Ornamentals

6 COMPETITIVE LANDSCAPE

6.1 Most Adopted Strategies

6.2 Market Share Analysis

6.3 Company Profiles

6.3.1 Bayer Corporation

6.3.2 Syngenta Corporation

6.3.3 Corteva Agriscience

6.3.4 BASF Corporation

6.3.5 FMC Corporation

6.3.6 Adama Americas Inc.

6.3.7 UPL Limited

6.3.8 Valent BioSciences LLC

6.3.9 Marrone Bio Innovations Inc.

6.3.10 AMVAC Chemical Corporation

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/qfpu36