The Crop Protection Chemicals market is expected to reach about USD 70.57 billion by the end of 2021, and it is estimated to garner a compound annual growth rate of about 5.15% during the forecast period of 2021 to 2026. The market value is expected to increase more during the outlook period as there is an increase in demand for food security for the growing population, along with the decline in arable land across the world.
Due to the Covid-19 pandemic, all the companies are suffering with the production and demand, supply chain and market disruption and also financially. Companies have halted their manufacturing units due to the strict lockdown regulations imposed by the government authorities.
Since March 2020, all the companies have closed and due to the financial crisis and have terminated almost all the employees as they are not in a position to pay their salaries to them and facing severe financial problems.
Recently almost all the countries have lifted the lockdown and gave permission to the companies to restart their manufacturing units with strict rules and regulations. So, the companies have restarted their manufacturing units which in turn started the supply chain of their products and helping them to recover their financial crisis.
In the field of Crop Protection Chemicals s market, the companies related to the market were expecting that the market will gain some profits in the upcoming two to three years with an increase in the need for food security for the growing population and increasing of investments by the organizations for the innovations of the technological advancements. Furthermore, increasing demand for biopesticides along with increasing acceptance for integrated pest management by the farmers helps the market to grow further during the forecast period.
Crop Protection Chemicals Market Drivers:
One of the major driving factors of Crop Protection Chemicals Market is the rise in crop loss due to various pest attacks that helps the growth of the worldwide market. Increasing usage of crop protection chemicals is another major driving factor of Crop Protection Chemicals equipment market revenue rate in the next few years.
Technological advancements in the field of agriculture are one of the major growth factors of Crop Protection Chemicals market. Increase in the number of manufacturers is also helping the growth of the Crop Protection Chemicals Market. Increasing of awareness about the crop protection chemicals among the cultivators is also a growth factor of these chemicals business.
Challenges:
Strict regulations from the government authorities is one of the major restraints impeding the growth of the Crop Protection Chemicals market. Availability of alternative devices in the market is another major limitation effecting the expansion of the market.
Crop Protection Chemicals Market – By Types of Origin:
synthetic
Among these, the synthetic crop protection segment holds the major share of the market owing to the rising demand for biopesticides by the farmers as they are less toxic and environment friendly.
Crop Protection Chemicals Market – By Types:
Among these, the herbicides segment holds the major share of the market due to high crop loss by harmful weeds and high effectiveness of herbicides to reduce the crop loss.
Crop Protection Chemicals Market – By Crop Type:
Crop Protection Chemicals Market – By Form:
Crop Protection Chemicals Market – By Application:
Regional Analysis:
The Crop Protection Chemicals market is elaborated in various regions all around the world such as North America (US, Mexico, Canada and rest of North America), Europe region (Italy, UK, France, Germany, Spain and Rest of Europe), Asia Pacific region (India, Japan, China, Australia and rest of Asia Pacific).
Among these regions, Asia Pacific holds the major share of the market of Crop Protection Chemicals owing to the increasing usage of crop protection chemicals and rise in crop loss due to various pest attacks in some countries like India, China, Japan, Indonesia and Thailand. Also, the increasing the adoption of fabric printing in emerging countries like India and China is helping the growth of the revenue rate in the Asia Pacific area.
North America region holds the second-largest share of the market of Crop Protection Chemicals due to the increase in investments for the new technological advancements in the field. Europe region is expected to increase the market growth during the forecast period owing to the increase in number of manufacturers in the nations like Germany, Italy and Spain.
Key Players:
Some of the key players of the Crop Protection Chemicals market are The Dow Chemical Company (US), BASF SE (Germany), E I Du Pont De Nemours and Company (US), Sumitomo Chemical Co Ltd, (Japan), and Syngenta AG (Switzerland). Most of the companies exploring in new regions by innovating new products, collaborating with other companies and acquisitions across the globe to increase the demand in the market and also to improve the revenue of their company.
1. Introduction
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.1.1 Drivers
4.1.2 Restaints
4.1.3 Opportunities
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.2 Products/Service
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Crop Protection Chemicals Market, By Type
6.1.1 Insecticides
6.1.2 Herbicides
6.1.3 Fungicides
6.1.4 Nematicides
6.1.5 Acaricides
6.1.6 Rodenticides
6.1.7 Disinfectants
6.1.8 Fumigants
6.1.9 Mineral Oils
6.1.10 Sulphuric Acid
6.1.11 Market Size Estimations & Forecasts (2019-2024)
6.1.12 Y-o-Y Growth Rate Analysis
6.1.13 Market Attractiveness Index
6.2 Crop Protection Chemicals Market, By Origin
6.2.1 Synthetic
6.2.2 Biopesticides
6.2.3 Market Size Estimations & Forecasts (2019-2024)
6.2.4 Y-o-Y Growth Rate Analysis
6.2.5 Market Attractiveness Index
6.3 Crop Protection Chemicals Market, By Crop Type
6.3.1 Fruits & Vegetables
6.3.2 Cereals & Oilseeds
6.3.3 Sugarcane
6.3.4 Plantation Crops
6.3.5 Turfs and Ornamentals
6.3.6 Market Size Estimations & Forecasts (2019-2024)
6.3.7 Y-o-Y Growth Rate Analysis
6.3.8 Market Attractiveness Index
6.4 Crop Protection Chemicals Market, By Form
6.4.1 Liquid
6.4.2 Solid
6.4.3 Market Size Estimations & Forecasts (2019-2024)
6.4.4 Y-o-Y Growth Rate Analysis
6.4.5 Market Attractiveness Index
6.5 Crop Protection Chemicals Market, By Mode of Application
6.5.1 Soil Treatment
6.5.2 Follar Spray
6.5.3 Seed Treatment
6.5.4 Chemigation
6.5.5 Fumigation
6.5.6 Market Size Estimations & Forecasts (2019-2024)
6.5.7 Y-o-Y Growth Rate Analysis
6.5.8 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2018 - 2024)
7.2.1 By Country
7.2.1.1 USA
7.2.1.2 Canada
7.2.2 By Type
7.2.3 By Origin
7.2.4 By Crop Type
7.2.5 By Form
7.2.6 By Mode of Application
7.3 Europe
7.3.1 By Country
7.3.1.1 UK
7.3.1.2 France
7.3.1.3 Germany
7.3.1.4 Spain
7.3.1.5 Italy
7.3.1.6 Rest of Europe
7.3.2 By Type
7.3.3 By Origin
7.3.4 By Crop Type
7.3.5 By Form
7.3.6 By Mode of Application
7.4 Asia Pacific
7.4.1 By Country
7.4.1.1 China
7.4.1.2 India
7.4.1.3 Japan
7.4.1.4 South Korea
7.4.1.5 South East Asia
7.4.1.6 Australia & NZ
7.4.1.7 Rest of Asia-Pacific
7.4.2 By Type
7.4.3 By Origin
7.4.4 By Crop Type
7.4.5 By Form
7.4.6 By Mode of Application
7.5 Latin America
7.5.1 By Country
7.5.1.1 Brazil
7.5.1.2 Argentina
7.5.1.3 Mexico
7.5.1.4 Rest of Latin America
7.5.2 By Type
7.5.3 By Origin
7.5.4 By Crop Type
7.5.5 By Form
7.5.6 By Mode of Application
7.6 Middle East and Africa
7.6.1 By Country
7.6.1.1 Middle East
7.6.1.2 Africa
7.6.2 By Type
7.6.3 By Origin
7.6.4 By Crop Type
7.6.5 By Form
7.6.6 By Mode of Application
8. Key Player Analysis
8.1 The Dow Chemical Company
8.1.1 Business Description
8.1.2 Products/Service
8.1.3 Financials
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 BASF SE
8.3 E I Du Pont De Nemours and Company
8.4 Sumitomo Chemical Co Ltd
8.5 Syngenta AG
9. Market Outlook & Investment Opportunities
Appendix
List of Tables
List of Figures
