Global Crop Protection Chemicals Market Share Is Expected To Grow At A CAGR Of 2.90% By 2028

04-Oct-2022 | Facts and Factors

According to Facts and Factors, the global crop protection chemicals market size was worth USD 64.10 million in 2021 and is estimated to grow to USD 76.09 million by 2028, with a compound annual growth rate (CAGR) of approximately 2.90% over the forecast period. The report analyzes the crop protection chemicals market's drivers, restraints/challenges, and their effect on the demands during the projection period. In addition, the report explores emerging opportunities in the crop protection chemicals market.

Global Crop Protection Chemicals Market Size

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Crop protection chemicals aid in controlling and reducing weeds, pests, and other plant diseases that harm crops. These substances also contribute to crop output growth and maintenance throughout time. Herbicides, insecticides, and fungicides are the three primary categories of crop protection agents. In the past, farmers utilized inorganic substances like arsenic and mercury salts to control the infestation of insects and fungi. Hundreds of pesticides are already available to prevent crops from being harmed by animals such as birds, insects, rodents, and pathogens. Crop protection chemicals have been increasingly important over the past few decades due to the need to raise agricultural productivity and guarantee a sufficient food supply for the expanding global population. Herbicides and other crop protection agents have made no-till farming a practical choice, allowing farmers to lessen erosion by mainly leaving the soil undisturbed. In crop production, herbicides can suppress weeds, eliminating the need for cultivation. The previous crop retains the soil in place during wind and rain. Crop residue also avoids soil and agricultural chemical runoff that may otherwise hurt downstream freshwater resources and aquatic life.

Browse the full “Crop Protection Chemicals Market Size, Share, Growth Analysis Report By Type (Herbicides, Insecticides, Fungicides, Others (Rodenticides, Disinfectants, Fumigants, Plant Growth Regulators, And Mineral Oils )), By Source (Natural, Biopesticide), By Form (Dry And Liquid), By Mode Of Application (Foliar Spray, Seed Treatment, Soil Treatment, Others (Chemigation And Fumigation)), By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Other Crops (Turfs & Ornamentals, Forage, And Plantation Crops)), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028" report at https://www.fnfresearch.com/crop-protection-chemicals-market

Numerous major and significant factors, including the rising demand for food security as a result of the world's expanding population, significant crop loss from pest infestations, rising use of environmentally friendly insecticides, an increase in government initiatives to promote the use of protection chemicals, and an increase in agricultural production, are expected to support the growth of the global crop protection chemicals market throughout the forecast period. The adoption of integrated pest management, the expansion of biopesticides, and organic farming, on the other hand, will further contribute by creating several chances to drive the crop protection chemicals market growth throughout the above period.

The global crop protection chemicals market is segregated based on type, source, form, mode of application, and crop type. Based on type, the market is divided into herbicides, insecticides, fungicides, and others (rodenticides, disinfectants, fumigants, plant growth regulators, and mineral oils). Among these, the herbicides segment led the market in 2021 and is expected to maintain its dominance throughout the forecast period. Based on the source, the market is divided into natural and biopesticide. Among these, the biopesticide segment led the market in 2021 and is expected to maintain its dominance throughout the forecast period. Based on form, the market is divided into dry and liquid. Among these, the liquid segment led the market in 2021 and is expected to maintain its dominance throughout the forecast period. Based on the mode of application, the market is divided into foliar spray, seed treatment, soil treatment, and others (chemigation and fumigation). Among these, the foliar spray segment led the market in 2021 and is expected to maintain its dominance throughout the forecast period. Based on crop type, the market is divided into cereals & grains, oilseeds & pulses, fruits & vegetables, and other crops (turfs & ornamentals, forage, and plantation crops). Among these, the cereals & grains segment led the market in 2021 and is expected to maintain its dominance throughout the forecast period.

The global crop protection chemicals market is divided into geographic regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The Asia Pacific was predicted to lead the global market for crop protection chemicals in 2021. Asia-Pacific is home to most of the world's small-scale manufacturers and rice farming techniques. Growing public awareness of pesticides and continued technological advancements drive this industry's growth. Due to the increased agricultural cultivation and rising demand for crops in the Asia-Pacific area, agribusiness corporations have also been pressured to strengthen their regional supplier and production bases.

Report Scope

Report Attribute

Details

Market Size in 2021

USD 64.10 Million

Projected Market Size in 2028

USD 76.09 Million

CAGR Growth Rate

2.90% CAGR

Base Year

2021

Forecast Years

2022-2028

Key Market Players

BASF SE, The Dow Chemical Company, Dupont, Sumitomo Chemical Co. Ltd, Syngenta AG, Bayer Cropscience AG, FMC Corporation, NufarmLimited, Adama Agricultural Solutions Ltd., Verdesian LIfescineces, Bioworks Inc., Valent, Arysta Lifesciences Corporation, America Vanguard Corporation, Chr. Hansen, Corteva Agriscience, UPL Limited, Jiangsu Yangnong Chemical Group Co Ltd, Agrolac, Lianyungang Liben Crop Science Co. Ltd., Nanjing red sun co. Ltd, Kumiai Chemicals, Wynca Chemical, Lier Chemicals, Simpcam Oxon., and others.

Key Segment

By Type, Source, Form, Mode of Application, Crop Type, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa

Purchase Options

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Key players in the global crop protection chemicals market include BASF SE, The Dow Chemical Company, Dupont, Sumitomo Chemical Co., Ltd, Syngenta AG, Bayer Cropscience AG, FMC Corporation, NufarmLimited, Adama Agricultural Solutions Ltd., Verdesian Lifescineces, Bioworks Inc., Valent, Arysta Lifesciences Corporation, America Vanguard Corporation, Chr. Hansen, Corteva Agriscience, UPL Limited, Jiangsu Yangnong Chemical Group Co Ltd, Agrolac, Lianyungang Liben Crop Science Co. Ltd., Nanjing red sun co. Ltd, Kumiai Chemicals, Wynca Chemical, Lier Chemicals, Simpcam Oxon.

Recent Development:

  • November 2020: Toto speeds up the global research and development of innovative crop protection products; BASF and TECNALIA, a European center for research and technology development, partnered in digitalization. This helps innovations address farmers' requirements to control their crops' weeds, fungal diseases, and insect pests to grow more quickly.

Global Crop Protection Chemicals Market is segmented as follows:

By Type

  • Herbicides
  • Insecticides
  • Fungicides
  • Others (rodenticides, disinfectants, fumigants, plant growth regulators, and mineral oils )

By Source

  • Natural
  • Biopesticide

By Form

  • Dry
  • Liquid

By Mode of Application

  • Foliar spray
  • Seed treatment
  • Soil treatment
  • Others (chemigation and fumigation)

By Crop Type

  • Cereals & grains
  • Oilseeds & pulses
  • Fruits & vegetables
  • Other crops (turfs & ornamentals, forage, and plantation crops)

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Nordic Countries
      • Denmark
      • Sweden
      • Norway
    • Benelux Union
      • Belgium
      • The Netherlands
      • Luxembourg
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Southeast Asia
      • Indonesia
      • Thailand
      • Malaysia
      • Singapore
      • Rest of Southeast Asia
    • Rest of Asia Pacific
  • The Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

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