The Business Research Company adds report on Pesticide Market to research store, the report says the market is expected to grow at a CAGR of around 8% by 2022.
LONDON, GREATER LONDON, UNITED KINGDOM, May 15, 2019 /EINPresswire.com/ — Asia is the largest market for pesticides, accounting for about 39% of the global pesticide market. It was followed by North America, South America and then the other regions. Going forward, Asia and Western Europe will be the fastest growing regions in this market.
The global pesticide market, reached a value of nearly $37 billion in 2018, having grown at an annual rate of less than 0.5% in the historic period, and is expected to grow at an annual rate of around 8% till 2022.
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Growth in the pesticides market in the historic period resulted from growing population and development of low interest rate environment in emerging markets. Factors that negatively affected growth in the historic period were high R&D costs, alternative techniques and erratic climate change.
Pesticides are chemicals used to eliminate or control a variety of pests related to agriculture that can damage crops and livestock and reduce farm productivity. Agricultural chemicals (also known as agrochemicals) are chemical agents such as pesticides, fungicides, herbicides and insecticides that are used to control crop-harming organisms (e.g., fungi, nematodes, mites, insects and rodents) or viruses.
The pesticides market is concentrated with the top ten competitors making up more than about 35% of the total market in 2018. Players in the market include China National Agrochemical Corporation, Bayer AG, Dow DuPont, BASF SE, United Phosphorus Ltd., Sumitomo Chemical Co., Ltd.
Pesticides Market By Type (Herbicides, Fungicides And Insecticides), Opportunities And Strategies– Global Forecast To 2022 is one of a series of new reports from The Business Research Company that provides pesticide market overviews, analyzes and forecasts pesticide market size and growth for the global pesticide market, pesticide market share, pesticide market players, pesticide market size, pesticide market segments and geographies, pesticide market trends, pesticide market drivers and pesticide market restraints, pesticide market’s leading competitors’ revenues, profiles and market shares. The pesticide market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Where To Learn More
Read Global Pesticides Market By Type (Herbicides, Fungicides And Insecticides), Opportunities And Strategies– Global Forecast To 2022 from The Business Research Company for information on the following:
Markets Covered: global pesticides market, (by type – herbicides, fungicides and insecticides); global chemical manufacturing market.
Data Segmentations: pesticides market size, global and by country; historic and forecast size, and growth rates for the world, 7 regions and 12 countries; (by type – herbicides, fungicides and insecticides) market size, historic and forecast size, and growth rates for the world, 7 regions and 12 countries; global chemical manufacturing market.
Pesticides Market Organizations Covered: China National Agrochemical Corporation, Bayer AG, DowDuPont, BASF SE, United Phosphorus Ltd.
Regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Time Series: Five years historic (2013-17) and forecast (2017-22).
Other Information And Analyses: global pesticides market comparison with macro-economic factors, pesticides market size, percentage of GDP, per capita average pesticides expenditure, global, and by country, PESTEL analysis, pesticides market customer information, pesticides market trends and strategies, drivers and restraints, key mergers and acquisitions, Oceania pesticide pesticides market.
Sourcing and Referencing: Data and analysis throughout the report are sourced using endnotes.
Strategies For Participants In The Pesticides Industry: The report explains over 15 strategies for companies in the pesticides market, based on industry trends and company analysis. These include large pesticides companies considering to ormulate strategies to produce biopesticides on a large scale to address the growing concerns of pesticides on the environment and, China National Agrochemical Corporation company's growth strategy that aims at expanding its market shares by acquiring companies in similar industries.
Opportunities For Companies In The Pesticides Sector: The report reveals where the global pesticides industry will put on most $ sales up to 2022.
Number of Pages: 228
Number of Figures: 102
Number of Tables: 111
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The Business Research Company has published over 300 industry reports, covering over 2400 market segments and 56 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. Here is a list of reports from The Business Research Company similar to Global Pesticides Market By Type (Herbicides, Fungicides And Insecticides), Opportunities And Strategies– Global Forecast To 2022:
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Source: EIN Presswire