Dublin, July 02, 2019 (GLOBE NEWSWIRE) -- The "Crop Protection Chemicals Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.
The global crop protection market reached a value of more than US$ 60 Billion in 2018. The market value is further expected to exceed US$ 80 Billion by 2024, exhibiting a CAGR of 4.8% during 2019-2024.
This report provides a deep insight into the global crop protection chemicals market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc.
The importance of crop protection chemicals have increased significantly over the last few decades catalysed by the need to enhance agricultural output and ensure adequate food availability for the growing global population.
From a population of around 7.6 Billion people today, the global population is expected to exceed 9 Billion by 2050. Moreover, the amount of arable land is also decreasing with rising urbanisation levels and more people living in cities compared to the countryside.
Crop protection chemicals are expected to play a major role in increasing agriculture productivity in the coming years. These chemicals are expected to maximize agriculture yield by eliminating pests that reduce yields; resulting in more product per acre and lowering the need to convert natural areas such as woods and forests, native prairies, wetlands, plains, and other wildlife habitat into farm lands.
Crop protection chemicals such as herbicides have made no-till farming a viable option, allowing farmers to reduce erosion by leaving the soil largely undisturbed. Herbicides can be utilised for controlling weeds in no-till crop production, removing the need for cultivation; residue from the previous crop holds the soil in place during wind and rain. Crop residue also prevents runoff of agricultural chemicals and soil that may otherwise impact aquatic habitat and fresh water supplies downstream.
Another major benefit of crop protection chemicals is the control of infectious insects. Livestock is affected by flies and various other pests that cause disease, deliver painful bites, and impose stress. Insecticides play a major role in controlling these insects, resulting in animals converting their feed into meat and milk more efficiently and thus increasing profitability.
Crop protection chemicals have also been used to reduce the spread of exotic pest populations. For instance, herbicides were found to be very effective in controlling the weed purple loosestrife in marshes and wetlands. Similarly, herbicides were also effective against Canada thistle and Johnsongrass along rights-of-way and in farm fields.
Crop Protection chemicals also provide a major role in producing high quality grain and forage. For example, insecticides protect alfalfa crops from insects and diseases which would otherwise lead to significant reduction in the protein content (an important dietary requirement for dairy cattle) and yield.
Key Topics Covered
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Crop Protection Chemicals Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Product Type
5.4 Market Breakup by Origin
5.5 Market Breakup by Crop Type
5.6 Market Breakup by Form
5.7 Market Breakup by Mode of Application
5.8 Market Breakup by Region
5.9 Market Forecast
5.10 SWOT Analysis
5.11 Value Chain Analysis
5.12 Porters Five Forces Analysis
5.12.2 Bargaining Power of Buyers
5.12.3 Bargaining Power of Suppliers
5.12.4 Degree of Competition
5.12.5 Threat of New Entrants
5.12.6 Threat of Substitutes
5.13 Price Analysis
5.13.1 Key Price Indicators
5.13.2 Price Structure
5.13.3 Price Trends
6 Market Breakup by Product Type
7 Market Breakup by Origin
8 Market Breakup by Crop Type
8.1 Cereal and Grains
8.2 Fruits and Vegetables
8.3 Oilseed and Pulses
9 Market Breakup by Form
10 Market Breakup by Mode of Application
10.1 Foliar Spray
10.2 Seed Treatment
10.3 Soil Treatment
11 Market Breakup by Region
11.1 Asia Pacific
11.2 North America
11.4 Middle East and Africa
11.5 Latin America
12 Crop Protection Chemicals Manufacturing Process
12.1 Product Overview
12.2 Raw Material Requirements
12.3 Manufacturing Process
12.4 Key Success and Risk Factors
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 BASF SE
13.3.2 The DOW Chemical Company
13.3.4 Sumitomo Chemical Co. Ltd.
13.3.5 Syngenta AG
13.3.6 Bayer Cropscience AG
13.3.7 FMC Corporation
13.3.8 Monsanto Company
13.3.9 Nufarm Limited
13.3.10 ADAMA Agricultural Solutions Ltd.
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