Crop Protection Chemicals Market deals in the manufacturing and distribution of crop protection chemicals. With the rise of new technologies in agriculture and growing population the production of crops has increased and thus has fueled the crop protection market.
The crop protection chemical is used to improve the quality of crops in a very cost effective ways. This helps the farmers to get good yields and maintain the quality of yields for a long time. The use of pesticides has also increased considerably. Currently, bio-pesticides are more in use. The bio-pesticides are the pesticides that are procured from natural substances like plants, bacteria, virus, animals and more. These bio-pesticides are further classified as non-toxic mechanisms, microbial pesticides, and plant incorporated protectant pesticides.
Scope & Regional Forecast of the Crop Protection Chemicals Market:
The Crop Protection Chemicals Market is divided into various segments such as by pest control nature, type of crop and geography. The pest control nature depends upon the types of pesticides used during farming. The pesticides used in agriculture includes bio-pesticides that are further divided into biochemical pesticides, microbial pesticides, plant incorporated protectants. The biochemical pesticides are attractants/repellants, enzymes, plant & inset growth regulators and semiochemicals. The microbial pesticides include bactericides, fungicides, insecticides, virucides and nematicides. The Crop Protection Chemicals Market is ever growing due to high demand of pesticides for protecting crops.
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Crop Protection Chemicals Market can be considered on the basis of type of crop such as cereals, millets & oilseeds, cotton, fruits & vegetables, plantation crops and pulses. It is observed that agriculture has increased with a high rate and thus the use of fertilizers, seed and crop protection chemicals has also increased but the major challenge is to protect this sector.
Segmentations & Key Players Involved in the Crop Protection Chemicals Market:
According to IndustryARC findings, the Crop Protection Chemicals Market can be segmented into various segmentations on the basis of –
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Some of the key players involved in the Crop Protection Chemicals Market according to IndustryARC are as follows:
- Troy Biosciences Inc.
- Monsanto Co.
- BASF SE
- AG Biotech Australia Pty. Ltd.
- Dow Agrosciences LLC